Trump threatens European nations with tariffs over Greenland
Trump aimed his ire at Denmark, a fellow NATO member, as well as several European countries that have deployed troops...
Geostrategy
Trump to Iranians on his Truth Social platform: ‘Keep protesting’, ‘help on its way’
US President Donald Trump urged Iranians on Tuesday to keep protesting against the country's theocratic leadership, telling them "help is on...
Geostrategy
Geostrategy
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...
- On Saturday, an Israeli strike killed four people in Kfar Rumman, Nabatiyeh district, the Lebanese health ministry and the Israeli military said.
- The men's coffins were draped in Hezbollah's flag while mourners threw petals and chanted "death to Israel, death to America".
Geostrategy
Iran vows to rebuild nuclear sites ‘stronger than before’
"By destroying buildings... we will not be set back," said Iranian President Masoud Pezeshkian, in a visit to the country's...
- Pezeshkian's comments came as Oman, Iran's traditional intermediary, urged the two countries on Saturday to resume talks.
- Oman hosted five rounds of US-Iran talks this year. Just three days before the sixth round, Israel launched its strikes against Iran's nuclear facilities.
Business
High price of gold inspires new rush in California
El Dorado Hills, United States -- Matt James has collected gold nuggets for years from the hills and riverbeds of...
- Though the value has fluctuated, it has effectively doubled in the last two years, reaching an all-time high of more than $4,380 an ounce in October.
- The Gold Rush transformed California, known as the Golden State, and many towns in the Sierra Nevada are working to keep that moment in history alive.
Geostrategy
OPEC+ looks set to further hike oil output
Since April, the V8 group -- comprising Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman...
- As in previous months, the V8 group is likely to cite "low oil inventories" worldwide to justify a further increase in production quotas.
- In late October, pressure on Russian oil supplies mounted after the United States hit the country's two biggest oil producers -- Rosneft and Lukoil -- with sanctions.
Economy
Social media fooled by AI video of ‘sky stadium’ for Saudi 2034 World Cup
Paris, France - An AI-generated video claiming to show one of the football stadiums for the 2034 FIFA World Cup...
- The video of glowing arena built atop a towering skyscraper was shared by thousands of social media accounts, with millions of users believing it was the official visual
- While Riyadh has unveiled plans to build a football area on a real estate complex in The Line – a futuristic new megacity project – the official plans bear no likeness to the clip
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...
- Western Sahara is a vast mineral-rich former Spanish colony that is largely controlled by Morocco but has been claimed for decades by the pro-independence Polisario Front
- The Security Council had previously urged Morocco, the Polisario Front, Algeria and Mauritania to resume talks to reach a broad agreement
Geostrategy
Unexploded bombs haunt Gazans, posing deadly risk as fragile truce halts demining efforts in ruins
After two years of war, the ruined cities of Gaza, a densely packed territory home to more than two million...
- After two years of war, the ruined cities of Gaza, a densely packed territory home to more than two million Palestinians, are littered with military debris
- In the streets of Gaza City, children play with rocket parts and the tail fins of mortar shells, oblivious to or unbothered by the danger
Business
AI giants turn to massive debt to finance tech race
New York, United States -- Meta raised $30 billion in debt on Thursday, as tech giants flush with cash turn...
- Meta raised $30 billion in debt and demand for its bonds was reportedly four times greater than supply.
- The $30 billion in bonds scheduled to be repaid over the course of decades is intended to provide money to continue a breakneck pace of AI development.
Geostrategy
Trump stirs global tensions with surprise nuclear test order
The announcement came in the wake of Russia saying it had tested a nuclear-powered and nuclear-capable torpedo, as well as...
- The last US nuclear test explosion was in September 1992, a 20-kiloton underground detonation at the Nevada Nuclear Security Site.
- Then-president George H.W. Bush imposed a moratorium on further tests in October 1992 that has been continued by successive administrations.
Business
Amazon shares surge as AI boom drives cloud growth
San Francisco, United States - Amazon's share price skyrocketed by more than ten percent on Thursday after the online retail...
- The e-commerce giant's Amazon Web Services division, which recently suffered a global outage, saw revenues jump 20 percent to $33 billion in the third quarter
- Amazon's major rivals in the cloud computing space, Microsoft and Google, on Wednesday also reported sales increases in their cloud computing business
Most Read
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
Trump threatens European nations with tariffs over Greenland
Trump aimed his ire at Denmark, a fellow NATO member, as well as several European countries that have deployed troops...
Geostrategy
Company News
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A saint, a monk, a rock: Bulgaria’s euro coin designs
Sofia, Bulgaria -- Ancient rock art, a patron saint and a monk will be emblazoned on euro coins from Thursday,...
Geostrategy
Iraqis cover soil with clay to curb sandstorms
Samawah, Iraq -- Deep in Iraq’s southern desert, bulldozers and earthmovers spread layers of moist clay over sand dunes as...
Geostrategy
Saudi-led coalition warns of intervention against Yemen separatists
The statements came a day after reported Saudi airstrikes on separatist positions in Yemen's Hadramawt province — and after Washington...
Geostrategy
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Geostrategy
Zelensky to meet Trump in Florida on Sunday for talks on how to end the Russian invasion
Ukrainian President Volodymyr Zelensky is to meet US President Donald Trump in Florida on Sunday for talks on how to...
- The meeting to discuss new peace proposals comes amidst Trump's intensified efforts to broker an agreement to end the conflict
- The latest plan is a 20-point proposal that would freeze the front line but open the door for Ukraine to pull back troops from the east
Geostrategy
China’s high-speed rail network passes 50,000km mark
Beijing, China -- China's sprawling high-speed rail network passed 50,000 kilometers (31,000 miles) in total operating distance with the opening...
- The country has the world's largest rail network -- one-fifth longer than the circumference of the earth.
- China's rail network has expanded by around 32 percent compared to 2020, state-owned China Railway added Friday in a statement.
Geostrategy
Yemen separatists say Saudi air strikes will not deter them
A Yemeni military official said around 15,000 Saudi-backed fighters were amassed near the Saudi border -- but were not given...
- There were no immediate reports of casualties in the air strikes, which came amid a dramatic escalation in the decade-long conflict.
- The strikes came as a Yemeni government official in Riyadh told AFP that Saudi may be considering military action against the separatists if talks fail.