US announces deal for Qatar air force facility in Idaho housing F-15 fighter jets, pilots
The announcement comes soon after President Donald Trump signed an executive order vowing to defend the Gulf Arab state against...
Geostrategy
Abu Dhabi awards contract for mega solar project
Dubai, United Arab Emirates -- Abu Dhabi, the capital of leading oil producer the United Arab Emirates, said Friday it...
Business
Geostrategy
Israel ‘systematically’ blocking aid to north Gaza hospitals: UN
Andrea De Domenico, head of the UN aid agency OCHA's office in the occupied Palestinian territories, described how detailed coordination...
- Lucia Elmi, special representative for the UN children's agency UNICEF in the Palestinian territories, also lamented that "we can't get sufficient aid in".
- "Children in Gaza are running out of time, while most of the lifesaving humanitarian aid they desperately need remains stranded," said Elmi.
Market Report
Oil prices rise after US, UK strike Houthi rebels
Oil prices surged four percent after US and UK forces launched strikes against Iran-backed Houthi rebels after attacks on ships...
- Wall Street had ended flat on Thursday, while the dollar was closing the week with gains against the euro.
- The Houthis have carried out a number of strikes on vessels in the Red Sea, a key international shipping route.
Geostrategy
Turkey and Gulf nations condemn US, UK airstrikes on Yemen
"First of all, they are not proportional. All of these constitute disproportionate use of force," Erdogan told journalists after Friday...
- Kuwait's Foreign Ministry expressed "great concern" about the strikes, echoing the view of Yemen's powerful neighbor Saudi Arabia
- Oman condemned American and British strikes on targets in rebel-held Yemen on Friday, warning of the risk of escalating conflict in the region
Geostrategy
China implores all sides to prevent Yemen conflict expanding
Beijing, China--China called Friday for all sides to prevent the Yemen conflict from expanding, after strikes by the United States and...
- China's foreign ministry spokeswoman Mao Ning said Beijing is concerned about the escalation of tensions in the Red Sea
- She called on "the relevant parties" to keep calm and exercise restraint in order to prevent the conflict from expanding
Business
Tesla suspends production in Germany
Houthi attacks in the Red Sea caused a shortage of parts.
- Tesla said the Red Sea attacks had led to delays that created a "gap in the supply chains", resulting in production being suspended
- Houthis have ramped up attacks on commercial and military vessels in the Red Sea in what they say is solidarity with Palestinians in Gaza.
Business
Wars to cast pall over meeting of global VIPs in Davos
Paris, France - The world's political and business elites will convene in Davos next week, with wars in Gaza and Ukraine...
- Russia's nearly two-year-old assault on Ukraine has taken centre stage at previous editions of the World Economic Forum (WEF)
- The gathering "is taking place against the most complicated geopolitical and geoeconomic backdrop in decades", said WEF president Borge Brende
Economy
China, Russia trade soared in 2023 as commerce with US sank
Beijing, China - Trade between China and Russia hit a record high in 2023, official data from Beijing showed on Friday,...
- China-Russia trade reached more than $240 billion, customs figures showed, overshooting a goal of $200 billion set by the neighbours in bilateral meetings last year
- The figure is a record for the two countries, who have grown closer politically and economically since Moscow's invasion of Ukraine in 2022
Geostrategy
US and UK target Houthi radar, missile capabilities
US President Joe Biden termed the the US and British strikes a "defensive action" after the Red Sea attacks, and...
- Houthis said their forces will continue targeting Israel-linked ships in the Red Sea
- A Houthi spokesman said Western air strikes on Yemen killed five people and wounded six
Geostrategy
Gaza devastated and ‘largely depopulated’ as war nears 100 days
GAZA, PALESTINIAN TERRITORIES - Bombed-out neighborhoods, mass graves dug in the sand, spreading hunger and disease -- as the bloodiest...
- Many thousands of strikes have rained down on the long-blockaded and densely populated Mediterranean coastal strip
- Much of northern Gaza has been reduced to a dusty wasteland and largely depopulated as Israeli troops have launched ground invasion
Economy
US consumer inflation jumps more than expected to 3.4 percent
Washington, US - Consumer inflation in the United States rose more than anticipated in December, government data showed Thursday, underscoring the...
- The Department of Labor's consumer price index (CPI), a key measure of inflation, was up 3.4 percent from a year ago and higher than November's figure
- But underlying pressures still appear to be ebbing, as a "core" metric that strips out volatile food and energy prices cooled to 3.9 percent in the last month of 2023
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US announces deal for Qatar air force facility in Idaho housing F-15 fighter jets, pilots
The announcement comes soon after President Donald Trump signed an executive order vowing to defend the Gulf Arab state against...
Geostrategy
Company News
Latest News
Day 4: Tehran residents flee Israeli attacks as casualties mount
Images verified by AFP, shot by a social media user from an overpass, showed near immobile traffic on a Tehran...
Geostrategy
Oil prices drop, stocks climb as Iran-Israel war fears ease
Israel's surprise strike against Iranian military and nuclear sites on Friday -- killing top commanders and scientists -- sent crude prices...
Business
WhatsApp introduces first major advertising features
San Francisco, United States -- WhatsApp announced Monday it will introduce its boldest advertising features yet, marking a significant shift...
Business
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Geostrategy
Netanyahu sees Gaza hostage release ‘opening’, orders talks
Israeli Prime Minister Benjamin Netanyahu said Sunday he ordered negotiators to "advance" talks on releasing hostages held in Gaza, after...
- Speaking on US news channel Fox News, Netanyahu said that US Middle East envoy Steve Witkoff "made an offer to begin a 60-day ceasefire
- Of the 251 hostages seized during Hamas's October 7, 2023 attack on Israel that sparked the war in Gaza, 52 are still held in Gaza, including 34 the Israeli military says are dead
Business
Abu Dhabi state oil firm makes US$18.7 billion bid for Australia’s Santos
Sydney, Australia - Abu Dhabi's state-owned oil company is leading a takeover bid for Australian energy group Santos, valuing it...
- Santos's board said it plans to unanimously recommend the Abu Dhabi National Oil Company's offer to shareholders if it can agree on the takeover terms
- Adelaide-based Santos has energy operations in Australia, Papua New Guinea, East Timor and the United States, and is a major supplier of liquefied natural gas in Australia and Asia
Geostrategy
Iran tells mediators it won’t negotiate ‘while under attack’: official
Mediators Qatar and Oman were told by Iran that Tehran "will not negotiate while under attack", an official briefed on...
- Israel unleashed a punishing fresh barrage of strikes across Iran in a third day of exchanges Sunday
- The latest conflict marked the first time the two sides have traded fire with such intensity