Hundreds in south Lebanon mourn Hezbollah members killed in Israeli attacks
Nabatieh, Lebanon -- Hundreds of people gathered in south Lebanon's Nabatiyeh on Sunday to mourn five Hezbollah members killed in...
Geostrategy
UN Security Council backs Morocco plan for W. Sahara autonomy
The UN Security Council voted Friday in favor of a resolution backing Morocco's autonomy plan for Western Sahara as the...
Geostrategy
Business
After long peace, Big Tech faces US antitrust reckoning
Launched under both the Trump and Biden administrations, five major cases from the Federal Trade Commission (FTC) and the Department...
- The most recent came in March against Apple by the FTC, which alleges the iPhone maker abuses its dominance of the premium smartphone sector.
- Washington had largely remained silent on Big Tech cases since its wars with Microsoft that began in the 1990s and ended in a settlement in the early 2000s.
Geostrategy
Thousands gather in Iran in show of support for attack on Israel
Iran's attack came in retaliation for an April 1 strike that levelled the five-storey consular annexe of the Iranian embassy...
- "Death to Israel!" and "Death to America!" chanted demonstrators in Tehran's Palestine Square shortly afterIran announced the launch of Operation Honest Promise
- A mural saying "the next slap is fiercer" was unveiled in the square where a huge banner has hung for days calling, in Hebrew, for Israelis to "take shelter."
Geostrategy
Call for restraint grows as Iran warns of ‘stronger response’ if attacked
As expected, Iran retaliated early Sunday by firing more than 200 drones and missiles toward Israel in response to Israel's...
- Iran had repeatedly threatened to strike Israel in retaliation for a deadly April 1 air strike on its Damascus consular office that killed 9 people
- People in across Israel sought cover amid chaso as residents also stockpiled water and other daily needs items reported local media
Geostrategy
US troops head to region as fears grow of Gaza war’s spread
Fears of regional escalation grew after a strike on Iran's consular annex at its embassy in Damascus. Tehran blames the...
- Airlines said they are avoiding Iranian airspace, nearly two weeks after a strike, which Iran blamed on Israel, destroyed Tehran's consular annex at its embassy in Damascus.
- Tensions have also flared in the Israeli-occupied West Bank, where settler attacks left at least one Palestinian dead and dozens injured.
Geostrategy
IMF confirms Kristalina Georgieva for second five-year term
It means that Georgieva, who was the sole candidate in the running to lead the International Monetary Fund, will continue...
- Georgieva, a 70-year-old Bulgarian, has run the IMF since 2019, and told AFP last month that she was making herself "available to serve, if people want me to serve."
- Under a controversial, decades-old agreement between Europe and the United States, the International Monetary Fund has historically been led by a European.
Geostrategy
Israel pounds Gaza as Iran attack threat puts region on edge
The latest bombardments in Gaza came after Israel said it had strengthened air defences and paused leave for combat units,...
- US President Joe Biden said he expected Iran to attempt to strike Israel soon but warned it against attacking the US ally in retaliation for the April 1 strike
- Authorities in Hamas-ruled Gaza reported dozens of new air strikes in the central region where most Israeli troops have regrouped in recent days
Geostrategy
Defence minister says Israel ‘shoulder to shoulder’ with US on Iran
"Our enemies think that they can pull apart Israel and the United States, but the opposite is true -- they...
- "Our enemies think that they can pull apart Israel and the United States, but they are bringing us together and strengthening our ties", Gallant said
- Fears that Iran could soon launch a retaliatory attack spurred France to recommend on Friday that its citizens avoid travelling to the region
Business
Middle East tensions weigh on markets as oil and gold prices shoot up
London, United Kingdom -- Wall Street stocks slid on Friday despite banks beating expectations at the start of earnings season as...
- Oil prices were up more than two percent as regional tensions soared after Iran threatened reprisals over a strike in Syria.
- Gold also benefitted from its status as a haven investment, breaking the $2,400 per ounce level.
Business
JPMorgan Chase profits up 6%
The bank's CEO warns about risk of persistent inflation.
- Profits were $13.4 billion, up six percent from the year-ago period, boosted by higher net interest income.
- The bank expects the boost from higher interest rates on profits to erode or "normalize" over time.
Business
Fujifilm ups biotech plant investment
The cost of investment in North Carolina plant is $1.2 billion.
- The cash injection to ramp up output to meet growing demand for antibody drugs brings "the total investment in the facility to over $3.2 billion", the company said
- The investment is part of its strategy of enabling the firm "to construct identical large-scale production facilities" in the United States and Europe, it said
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Hundreds in south Lebanon mourn Hezbollah members killed in Israeli attacks
Nabatieh, Lebanon -- Hundreds of people gathered in south Lebanon's Nabatiyeh on Sunday to mourn five Hezbollah members killed in...
Geostrategy
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UN experts call for Israel-backed Gaza Humanitarian Foundation to be dismantled
"The GHF ... is an utterly disturbing example of how humanitarian relief can be exploited for covert military and geopolitical...
Geostrategy
Meta says working to thwart WhatsApp scammers
San Francisco, United States -- Meta on Tuesday said it shut nearly seven million WhatsApp accounts linked to scammers in...
Geostrategy
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Geostrategy
‘Projectile’ fired at Israel from Yemen: Israeli military
Jerusalem, Undefined - A "projectile" fired towards Israel from Yemen was intercepted, but not before air-raid warnings sounded across the...
- "Following the sirens that sounded a short while ago in several areas in Israel, a missile launched from Yemen was intercepted by the IAF," the military posted on social media
- The Houthis, who control the Yemeni capital Sanaa and large swaths of the country, are part of an alliance against Israel established by Iran, includes groups such as Hamas
Geostrategy
Gaza war deepens Israel’s divides, sets friends, families against one another
Hostage families and peace activists want Prime Minister Benjamin Netanyahu's government to secure a ceasefire with Hamas and free the...
- Hostage families and peace activists want Prime Minister Benjamin Netanyahu's government to secure a ceasefire with Hamas and free the remaining captives
- Right-wing members of Netanyahu's cabinet, meanwhile, want to seize the moment to occupy and annex more Palestinian land, at the risk of sparking further international criticism
Geostrategy
Iran says US accountability for attacks on nuclear sites part of any future talks
Iran said Monday it would hold the United States accountable for attacks on its nuclear sites in any future negotiations,...
- The United States struck key Iranian nuclear facilities on June 22, briefly joining a war launched by Israel that had derailed talks on Tehran's atomic programme.
- In mid-June, Israel launched an unprecedented attack targeting Iranian nuclear and military sites, but also hitting residential areas over 12 days of war