Trump says ‘will disarm’ Hamas: ‘It will happen quickly and perhaps violently’
Trump's comments came the day after he swung through the Middle East to celebrate the Gaza ceasefire deal, with questions...
Geostrategy
Nobel economist warns of AI dangers amid “amazing possibilities”
Washington, United States - A winner of this year’s Nobel prize in economics warned Monday that artificial intelligence offers "amazing...
Economy
Geostrategy
Washington approves sale of F-16 warplanes to Turkey
US Secretary of State Antony Blinken led an intense diplomatic effort to broker the deal, telling the Turkish president three...
- As required by US law, the State Department notified Congress of the agreement, as well as a separate $8.6 billion sale of 40 F-35s to Greece
- Turkey will get 40 new F-16s and upgrades to 79 of the jets in its existing fleet, the State Department said in a news release
Business
Airbus and Tata to build helicopter assembly line in India
Paris, France - Airbus will build a helicopter assembly line in India with Indian conglomerate Tata, the European aircraft manufacturer said Friday....
- Airbus said the facility -- which will take two years to set up -- would be the first such operation to be run by a private group in India.
- Airbus CEO Guillaume Faury said making the helicopter in India would "unlock the true potential of the helicopter market in the country".
Business
Telegraph boss quits as UK investigates UAE-backed takeover
London, United Kingdom - The head of Britain's Telegraph Media Group has stepped down, the company announced on Friday, as the...
- TMG and parent company Press Acquisitions Limited said that chief executive officer Nick Hugh, in the post since 2017, had left his role with immediate effect
- The announcement came on the day the regulators were due to submit a review to the government laying out the potential impact of the attempted takeover by RedBird IMI
Market Report
Paris stocks hit record thanks to luxury
Europe's main stock markets shot higher, with Paris closing at a record high as shares in LVMH surged on record...
- Hong Kong stocks slumped after rallying for much of the week, as traders awaited guidance on more Chinese stimulus.
- Oil prices fell as traders banked profits from a strong week for crude.
Geostrategy
Education campaigners alarmed as homeschooling rises in England
LONDON, UK - Education campaigners demanded government action on Friday after new figures revealed that the number of children in England...
- Nearly a quarter of parents involved said they were keeping children at home primarily as a "lifestyle choice" or for "philosophical or preferential reasons".
- These were the most commonly given main reasons, ahead of mental health factors (eight percent) and general dissatisfaction with the school (six percent).
Business
Boeing faces heat over quality control after Alaska Airlines fiasco
The Alaska Airlines episode represents the most serious operational problem for Boeing since two crashes on 737 MAX 8 planes...
- "The quality assurance issues we have seen are unacceptable," said Michael Whitaker, head of the Federal Aviation Administration
- The agency has vowed "more boots on the ground" for a comprehensive investigation of Boeing and contractor Spirit AeroSystems
Geostrategy
Israeli carrier cancels South Africa flights citing less traffic
Jerusalem, Undefined - Israeli flag carrier El Al said Friday it will scrap direct flights to South Africa following "a significant...
- "From the end of March 2024, El Al will suspend its operations on the Johannesburg-Tel Aviv route," an El Al statement said.
- The case brought by South Africa in the top United Nations court has significantly strained relations with Israel
Geostrategy
WHO-Hamas collusion charges harmful, can endanger staff: Tedros
"WHO refutes Israel's accusation at the executive board meeting yesterday that WHO is in 'collusion' with Hamas and is 'turning...
- WHO chief Tedros was responding to claims made Thursday by Israeli ambassador Meirav Eilon Shahar at a meeting of the UN health agency's board
- Eilon Shahar had said Hamas was embedding itself in hospitals in the Gaza Strip and was using human shields in the Palestinian territory
Economy
US Federal Reserve’s favored inflation gauge rises before rate decision
The US Federal Reserve's favored measure of inflation ticked higher last month, according to government data published. The latest announcement...
- The closely watched "core inflation" measure, which strips out volatile food and energy costs, continued to ease.
- This will likely reassure the Fed that trends are moving in the right direction, despite the latest uptick in headline prices.
Geostrategy
‘Victory for justice’: World reacts to ICJ’s Gaza genocide case ruling
"Today marks a decisive victory for the international rule of law and a significant milestone in the search for justice...
- The (International) Court of Justice's decision is an important development which contributes to isolating Israel and exposing its crimes in Gaza," said Hamas.
- "Orders of the International Court of Justice are binding on the parties. The EU expects their full, immediate and effective implementation," EU said.
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 says ‘will disarm’ Hamas: ‘It will happen quickly and perhaps violently’
Trump's comments came the day after he swung through the Middle East to celebrate the Gaza ceasefire deal, with questions...
Geostrategy
Company News
Latest News
Israel kills 46 Gazans waiting for aid as hostage families call for end to war
Civil defense spokesman Mahmud Bassal told AFP that 21 people were killed and around 150 wounded by Israeli fire near...
Geostrategy
Oil slides, stocks rise as Iran-Israel ceasefire holds
The main international and US oil contracts briefly bounced off their lows as Israel and Iran accused each other of...
Geostrategy
Iran says not seeking nuclear weapons but will assert ‘legitimate rights’
As a fragile ceasefire with Israel took hold after 12 days of fighting that also included US strikes, Pezeshkian told...
Geostrategy
Most Read
Geostrategy
NATO summit seeks to keep Trump happy – and alliance united
From meeting his spending demand to limiting the participation of Ukraine's President Volodymyr Zelensky, everything is being done to try...
- The overriding focus of the gathering - which kicks off with dinner hosted by the Dutch king - has been on keeping Trump happy after his return to power
- From meeting his spending demand to limiting the participation of Ukraine's President Zelensky, everything is being done to avoid chances of confrontation with volatile leader
Geostrategy
‘Unidentified’ drone hits Baghdad base: Iraq security officials
An "unidentified" drone struck a military base in Baghdad early Tuesday while another fell in the west of the capital,...
- The first attack hit a radar system at the Taji base, causing only material damage, a security source told AFP.
- The strikes come hours after Iran launched missiles at a US military facility in Qatar in retaliation for the American bombing
Geostrategy
Trump announces phased ceasefire to end conflict, Iran offers to halt strikes if Israel stops
The adversaries had been swapping missile fire since Israel carried out surprise "preemptive" strikes against Iran on June 13, targeting...
- Trump had said the ceasefire would be a phased 24-hour process beginning at around 0400 GMT Tuesday, with Iran halting all operations. Israel would follow suit 12 hour later
- Abbas Araghchi suggested that Iran had already halted its operation at 4am Tehran time (0030 GMT) -- and wanted a simultaneous end in attacks from Israel as well