China hails coming of ‘multipolar world’ ahead of key Trump-Xi talks to avert trade war
Global markets are watching closely to see if Thursday's planned meeting between the two presidents can halt a trade war...
Geostrategy
Mamdani in touching distance of becoming NY mayor
New York, United States -- An unknown local lawmaker just a few months ago, leftist Zohran Mamdani has burst onto...
Geostrategy
Geostrategy
Biden and Trump gird for marathon White House race
Both are unpopular with large sections of a populace wary of handing the keys to the most powerful office in...
- President Joe Biden and his predecessor Donald Trump - the oldest pair of nominees in history - emerged this week from a primary season that has inflicted battle scars on both
- The 81-year-old incumbent Democrat and his Republican foe, 77, see their rematch on November 5 as an existential moment for America and have spent months trading personal insults
Geostrategy
Gaza aid port plans ‘sign of international weakness’: Amnesty
Agnes Callamard, secretary general of Amnesty, said nobody was holding Israel to account over the delays to deliveries by land...
- Gaza is suffering a severe humanitarian crisis as Israel's war on the strip drags on
- Israel's war on the enclave has killed at least 31,272 people in the besieged enclave
Geostrategy
Despite post-Covid development rebound, rich-poor gap widens: UN
The rebound follows two years of decline, when, in 2021 and 2022, the global Human Development Index fell twice in...
- The 2023 estimate shows metrics in every category -- life expectancy, education and standard of living -- are projected to exceed their pre-2019 values.
- "What we're seeing is that the poorest and most vulnerable segments of our society are being left behind," head of the UNDP Achim Steiner said.
Business
European Parliament approves ‘pioneering’ rules to govern AI
Senior European Union officials say the rules, first proposed in 2021, will protect citizens from the risks of a technology...
- The AI Act focuses on higher-risk uses of the technology by the private and public sector, with tougher obligations for providers
- EU chief Ursula von der Leyen hailed the vote ushering in a "pioneering framework for innovative AI, with clear guardrails"
Geostrategy
US House of Representatives overwhelmingly passes TikTok ban bill
The measure requires TikTok's parent company ByteDance to sell the app within 180 days or see it barred from the...
- The fate of the bill is uncertain in the Senate, where some key figures are apprehensive of making such a drastic move against an app that has 170 million US users.
- China warned that the move will "inevitably come back to bite the United States." TikTok staunchly denies any ties to the Chinese government.
Israeli troops kill two Palestinians in West Bank hospital
Asked about the reported deaths, the Israeli military said soldiers "fired toward armed suspects identified in the area" and that...
- The killings before dawn took place on the compound of the government hospital in Jenin, in the north of the West Bank, the hospital's director, Wissam Bakr, told AFP
- The Ramallah-based Palestinian health ministry says at least 430 Palestinians have been killed in the West Bank by Israeli troops and settlers since Oct 7.
Geostrategy
Germany joins operation to airdrop humanitarian aid into Gaza
"The people in Gaza are lacking the most basic necessities. We want to do our part to ensure that they...
- The defense ministry said it would deploy the German part of a joint German-French air transport squadron to participate in the mission
- The operation, initiated by Jordan, already has the participation of several other countries including France and the United States
Geostrategy
Scores wounded as UN aid agency’s warehouse ‘hit’ in Gaza
The incident comes amid mounting concern about worsening humanitarian conditions in Gaza, where Israel has carried out relentless military operations...
- Cumbersome Israeli security checks on all cargoes entering the territory slow down the delivery of aid, and some trucks are sent back when they are found to contain forbidden items
- Gaza health ministry said four people were killed in the bombing. As of March 4, a total of 162 UNRWA employees had been killed since the beginning of the war.
Pilot project for direct aid delivery to north Gaza begins: Israeli army
Aid groups have been warning of the risk of famine in besieged Gaza for weeks, and the UN has reported...
- According to the army, six World Food Program aid trucks "entered the northern Gaza Strip via the '96th' gate on the security fence" on Tuesday
- Without specifically mentioning the new overland route, the WFP wrote on X, formerly Twitter, that it had "delivered enough food for 25,000 people to Gaza City"
Inditex posts record net profit
Inditex, the world's biggest fashion retailer, is owned by Zara.
- The net profit of Inditex reached 5.4 billion euros ($5.9 billion) last year, up 30 percent from 4.1 billion euros in 2022
- The figure was in line with the expectations of analysts polled by financial data firm FactSet, who predicted profits of 5.36 billion euros
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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
China hails coming of ‘multipolar world’ ahead of key Trump-Xi talks to avert trade war
Global markets are watching closely to see if Thursday's planned meeting between the two presidents can halt a trade war...
Geostrategy
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Gaza hospital says 21 children dead from malnutrition and starvation
Gaza's population of more than two million people is facing severe shortages of food and other essentials, with residents frequently...
Geostrategy
WHO says Gaza facilities attacked as Israel expands operations, calls for ceasefire
WHO chief Tedros Adhanom Ghebreyesus said the Israeli military had entered the UN agency's staff residence, forced women and children...
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US President Trump ‘caught off guard’ by Israeli strikes in Syria
US President Donald Trump was "caught off guard" by Israeli strikes in Syria last week, White House spokeswoman Karoline Leavitt...
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Science
Astronomers discover blazing Betelgeuse has companion star
Paris, France - Since at least the time of the ancient Egyptians, people across the world have gazed up in...
- Now astronomers have discovered that this red supergiant, known to many as the hunter's shoulder in the Orion constellation, is being orbited by a much smaller companion star
- Seemingly out of nowhere, the giant star dramatically dimmed for five months between 2019 and 2020, leading some scientists to suggest it could soon die in an supernova explosion
Geostrategy
Russia publishes rare footage of largest drone factory
Moscow, Russia -- Russia has showcased what it calls the biggest drone factory in the world, broadcasting rare footage from...
- The plant is near the town of Yelabuga in the central Russian region of Tatarstan, located in what was initially planned to be a special economic zone to boost science and business
- More than 1,000 kilometers (620 miles) from the Ukrainian border, it has now become a target for Kyiv's own long-range attacks.
Geostrategy
Western nations call for immediate end to Gaza war as Israel expands offensive
"The suffering of civilians in Gaza has reached new depths," the signatories, including Britain, France, Australia, Canada and 21 other...