Saudi-hosted summit says Mideast peace requires end to Israeli occupation
The summit's closing statement said that "a just and comprehensive peace in the region... cannot be achieved without ending the...
Geostrategy
Saudi Crown Prince says Israel must not attack Iran, expresses shock over war crimes in Gaza
Indicating improving ties between the two major powerhouses in the Middle East, Crown Prince Mohammed bin Salman urged international community...
Geostrategy
Samsung says planning job cuts
Business
Geostrategy
Gaza official says 300 killed in Khan Yunis as army ends assault
"Since the beginning of the Israeli ground invasion of the eastern part of Khan Yunis province, the civil defence and...
- The Israeli military launched the assault on July 22 to halt rocket fire from the area, which already saw heavy fighting earlier this year.
- Last week, it said troops had retrieved the bodies of five Israelis from the area.
Geostrategy
Israel army says 9 soldiers held over suspected abuse of detainee
The Israeli military said Monday nine soldiers were being held in a case of suspected abuse of a Palestinian detainee...
- Israel's military has said its detention conditions are in line with international law
- Several far-right Israelis, on hearing of the soldiers' detention, rushed towards Sde Teiman to show support
Hamas says Netanyahu ‘stalling’ ceasefire deal with new terms
A source with knowledge of the talks said last week that Israel's return with extra demands was "a recurring theme"...
- The statement came after Egyptian, Qatari and US mediators met with Israeli negotiators in Rome on Sunday as international pressure for a ceasefire grows
- US President Joe Biden outlined in late May what he called an Israeli initiative for a truce and hostage release deal, and this has become the basis for subsequent talks
Geostrategy
Lufthansa, Air France halt Beirut flights as Israel tensions rise
Beirut, Lebanon -- Air France and the German airline group Lufthansa said Monday they were suspending flights to Beirut after Israel...
- Lufthansa services would be halted up to and including August 5 due to "current developments in the Middle East", a group spokesman told AFP.
- Royal Jordanian also announced the suspension of flights, with at least two of its regular trips to Beirut cancelled.
Jordan’s Umm al-Jimal added to UNESCO heritage list
Amman, Jordan - Jordan's Umm al-Jimal village has been added to UNESCO's World Heritage List, in a move hailed on Sunday...
- The village is near the Jordanian-Syrian border, 86 kilometres north of Amman, and is known as "the black oasis" due to the prevalence of black volcanic rock in the area
- The village was first settled by the Nabataean peoples in the first century AD and later occupied by the Romans, becoming an important agricultural and commercial village
Geostrategy
Iran’s Khamenei formally grants Pezeshkian presidential powers
In a message read by the director of Khamenei's office, he said: "I endorse the vote (for) the wise, honest,...
- The endorsement ceremony was held in the capital Tehran in the presence of senior Iranian officials and foreign diplomats, and broadcast on state TV
- Following the event, acting president Mohammad Mokhber handed over official responsibilities to 69-year-old Pezeshkian
Business
AI startups swap independence for Big Tech’s deep pockets
Washington, United States -- It's the case of the vanishing startup: some of Silicon Valley's most promising names in the fast-developing...
- Critics believe these deals are acquisitions in all but name and have been especially designed by Microsoft or Amazon to avoid the attention of competition regulators.
- US, European and UK regulators on Tuesday signed a joint statement insisting that they won't let big tech companies run roughshod over the nascent AI industry.
Geostrategy
Israel vows retaliation after rocket kills 12 youths in occupied Golan Heights area
Israel's security cabinet on Sunday authorized Prime Minister Benjamin Netanyahu's government to decide on the "manner and timing" of a...
- Israel's military said Hezbollah fired the rocket from Lebanon, hitting a football pitch in the Druze town of Majdal Shams and killing the youngsters, between 10 and 20 years
- Hezbollah strongly denies involvement while the US and Israel pinned blame on Hezbollah. EU is pitching for an independent investigation into the incident
Business
US defends forcing sale of TikTok app
TikTok's suit argues this violates First Amendment rights of free speech.
- US intelligence agencies are concerned that China can "weaponize" mobile apps, justice department officials said
- A bill signed by President Joe Biden early this year set a mid-January 2025 deadline for TikTok to find a non-Chinese buyer or face a US ban.
Gaza mediators, Israel spy chief to meet in Rome: Egypt media
"A four-way meeting between Egyptian officials and their American and Qatari counterparts, in the presence of Israel's intelligence chief, will...
- Egypt, along with Qatar and the United States, has been involved in months of mediation efforts aimed at ending the Israel-Hamas war
- The proposed truce deal would be linked to the release of hostages held by Gaza fighters in exchange for Palestinian captives held in Israel
Saudi-hosted summit says Mideast peace requires end to Israeli occupation
The summit's closing statement said that "a just and comprehensive peace in the region... cannot be achieved without ending the...
Geostrategy
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Samsung says planning job cuts
Business
Israel strikes Lebanon after Netanyahu vows no mercy for Hezbollah
srael's military launched strikes Tuesday on eastern Lebanon, as Hezbollah fought Israeli soldiers after Prime Minister Benjamin Netanyahu vowed no...
Geostrategy
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...
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...
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Geostrategy
Hezbollah drone strike kills four, wounds dozens at Israeli base, US sending more air-defences
Hezbollah announced late Sunday that it launched a "squadron of attack drones" at the Binyamina camp, 30 kilometers south of...
- The attack on a military training camp in Binyamina, near Haifa, is the deadliest such assault on an Israeli base since September 23, when Israel increased its attacks on Hezbollah
- Authorities in Gaza, meanwhile, said the death toll from an Israeli strike Sunday on a school being used as a shelter for displaced people had risen to 15, including whole families
Geostrategy
UN raises alarm over catastrophe amid ongoing Israeli strikes on Gaza, Lebanon
With Israel ramping up strikes on Lebanon and Gaza, the UN warns of a potentially catastrophic regional conflict, highlighting the...
- Israel has faced a fierce diplomatic backlash over the injuries suffered by five Blue Helmets serving in south Lebanon
- Lebanon's health ministry said Saturday that Israeli air strikes on three sites had killed at least 15 people, raising an earlier toll
Economy
China unveils major bond plan to revive economy and property market
The plan is part of a series of actions undertaken by Beijing to draw a line under a years-long property...
- Beijing's planned special bonds are aimed at boosting the capital available to banks -- part of a push to get them lending in the hopes of firing up sluggish consumer spending.
- China is also preparing to allow local governments to borrow more to fund the acquisition of unused land for development.