Lebanon says 11 killed in Israel strikes across the country
Lebanon said Israeli strikes killed 11 people across the country Tuesday
Donald Trump ramps up transition moves with key appointments
President-elect Donald Trump is tapping loyalists for several key posts after signaling his desire to have his cabinet confirmed without...
Geostrategy
Geostrategy
Iran, allies ready Israel response as funerals held for Haniyeh, Shukr
Hezbollah chief Hassan Nasrallah, addressing the funeral of the Lebanese group's top military commander, said Israel and "those who are...
- The international community has called for calm and a focus on securing a ceasefire in the Gaza Strip -- which Haniyeh had accused Israel of obstructing.
- The prime minister of key ceasefire broker Qatar said Haniyeh's killing had thrown the whole Gaza war mediation process into doubt.
Business
British Petroleum to develop four new oil and gas fields in Iraq
Baghdad, Iraq -- Iraq signed an agreement with British energy giant British Petroleum on Thursday to develop four oil and gas...
- BP is one of the biggest foreign players in Iraq's oil sector, with a history of producing oil in the country dating back to the 1920s when it was still under British mandate.
- According to the World Bank, Iraq has 145 billion barrels of proven oil reserves -- among the largest in the world -- amounting to 96 years' worth of production at the current rate
Geostrategy
What next after assassination of Hamas chief Haniyeh?
Jerusalem, Undefined - The killing of Palestinian militant group Hamas's political leader Ismail Haniyeh in Iran could embolden hardliners in the...
- Haniyeh's killing could have an impact on flailing ceasefire talks to halt Israeli bombardment of Gaza and to see Israeli hostages freed.
- While some have celebrated Haniyeh's death on social media in Israel, many also fear a military escalation
Geostrategy
Iran to hold funeral for Hamas chief Ismail Haniyeh
Khamenei, who has the final say in Iran's political affairs, said after Haniyeh's death that it was "our duty to...
- The Islamic republic's supreme leader Ayatollah Ali Khamenei will lead the prayers for Haniyeh, having earlier threatened a "harsh punishment" for his killing
- Haniyeh's death was announced on Wednesday by Iran's Revolutionary Guards, who said he and his bodyguard were killed in a strike on their accommodation
Geostrategy
UNSC to hold emergency meeting over Hamas chief’s killing
The meeting has been requested by Iran and supported by representatives of Russia, China and Algeria, said a spokesman for...
- Iran's UN envoy Amir Saeid Iravani called on members to "condemn unequivocally and strongly the acts of aggression and terrorist attacks" by Israel.
- He also urged council members to take "immediate action to ensure accountability for these violations of international law," including potential sanctions.
Arts & Culture
World Rally Championship to add Saudi Arabia race to calendar
Paris, France -- World Rally Championship announced Wednesday that it will add races in Saudi Arabia, the Canary Islands and Paraguay...
- Rally Saudi Arabia will end the season on November 27-30 with the event in the Spanish archipelago on April 24-27 and the race in South America on August 28-31.
- It also added the Canary Islands and Paraguay to its calendar next year. Rallys in Croatia, Poland and Latvia are no longer on the circuit.
Geostrategy
Killing of the Palestinian movement’s chief Ismail Haniyeh “will not go unanswered”- Hamas
Palestinian president Mahmud Abbas said Wednesday the killing of Hamas chief Ismail Haniyeh was a "cowardly act" and urged Palestinians...
- Palestinian President Mahmud Abbas strongly condemned the assassination
- Haniyeh's killing came after Israel on Tuesday struck a Hezbollah stronghold in Beirut, killing a senior commander
Geostrategy
Hamas chief Ismail Haniyeh killed in Tehran: Iran’s Revolutionary Guards
"The residence of Ismail Haniyeh, head of the political office of Hamas Islamic Resistance, was hit in Tehran, and as...
- Haniyeh arrived in Tehran on Tuesday to attend the inauguration of Iran's new President Masoud Pezeshkian in parliament
- Tuesday's swearing-in ceremony came amid concerns of war between Israel and Lebanon's Hizbollah following a Saturday rocket attack on the Israeli-annexed Golan Heights
Israel says ‘eliminated’ Hizbollah commander Fuad Shukr in Beirut strike
"Fuad Shukr was the commander responsible for the Majdal Shams massacre, in which 12 children were murdered after Hizbollah fired...
- He was responsible for the majority of Hizbollah's most advanced weaponry, including precise-guided missiles, cruise missiles, anti-ship missiles, and UAVs, Israeli military said
- While Israel wanted to end hostilities without any wider war with Hizbollah, its forces were ready for "any scenario, Israeli military spokesman Daniel Hagari said
Business
BP H1 profits down 79%
Revenue dropped 8 percent to $98 billion in the same period.
- BP said increased volume and lower exploration write-offs were "partly offset by increased depreciation charges and higher costs".
- The group earlier this month flagged to markets that its latest earnings would take a sizeable hit from a cut to oil refining in Germany.
Lebanon says 11 killed in Israel strikes across the country
Lebanon said Israeli strikes killed 11 people across the country Tuesday
Company News
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Asian markets track Wall Street losses on worries over tech rally
Hong Kong, China- Asian markets mostly fell on Wednesday after a tech-led sell-off on Wall Street fueled by worries about the...
Economy
Netanyahu rejects ceasefire’ in Lebanon, Hezbollah threatens to expand the scope of its missile strikes across Israel
In a call with French President Emmanuel Macron, Netanyahu said he was "opposed to a unilateral ceasefire, which does not...
Netanyahu assures Biden, Iran counterstrike will only target military sites as war spreads to Lebanon and Gaza
US officials, citing Netanyahu’s pledge, reported relief in Washington as Israel’s counterstrike on Iran will not target oil or nuclear...
Geostrategy
Most Read
Can biodiversity credits unlock billions for nature?
Paris, France - For supporters, biodiversity credits could unlock billions in much-needed funding for nature, but critics fear a repeat of...
- Brazilian President Luiz Inacio Lula da Silva has mooted a global fund for rainforest conservation that considers paying countries for forest areas that are protected or restored
- Many environment groups are wary, fearing money generated from biodiversity credits will not benefit conservation or indigenous communities living closely with nature
Geostrategy
Trio wins economics Nobel for insights into income inequality
By examining the various political and economic systems introduced by European colonizers, the three have demonstrated a relationship between societal...
- Daron Acemoglu, 57, and Simon Johnson, 61, are professors at (MIT). James Robinson, 64, is a professor at the University of Chicago.
- The jury highlighted the laureates' work in illuminating how political and economic institutions play a role in explaining why some countries prosper while others do not.
Economy
Tech helps Singapore economy top forecasts in third quarter
Singapore's economy grew more than expected in the third quarter as a rush for everything related to artificial intelligence drove...
- The City's economic performance is often seen as a barometer of the global environment
- Healthy rebound in manufacturing sector powered the 4.1 percent year-on-year Q3 growth