Divided US Fed set for contentious interest rate meeting
When the Fed last met in October, Chair Jerome Powell asserted that another rate cut in December was "not a...
Economy
In Data Center Alley, AI sows building boom, doubts
Ashburn, United States -- As planes make their final approach to Washington DC's Dulles Airport, just below lies Ashburn, a...
Business
Geostrategy
Hezbollah mourns top commander killed in Israel strike, Iran Guards urge revenge
Haytham Ali Tabatabai is the most senior commander from the Iran-backed group to be killed by Israel since a November...
- Haytham Ali Tabatabai is the most senior commander from the Iran-backed group to be killed by Israel since a November 2024 ceasefire sought to end over a year of hostilities
- Sunday's raid came with Israel escalating its attacks on Lebanon and Washington increasing pressure on the government to disarm the group and cut off its sources of funding
Geostrategy
Tabatabai: Hezbollah military chief who led the group in Yemen, Syria
Beirut, Lebanon - Haytham Ali Tabatabai, Hezbollah's top military chief whom Israel killed on Sunday, had taken the role after...
- He is the most important Hezbollah figure to have been killed since a November 2024 ceasefire sought to end over a year of hostilities between the militant group and Israel
- The strike hit an apartment building in Beirut's densely populated southern suburbs, where the group holds sway, killing five people, according to Lebanon's health ministry
Geostrategy
Trump peace plan: Washington, Kyiv say a peace deal must ‘fully uphold’ Ukraine sovereignty
US President Donald Trump had given Ukraine until November 27 to approve his plan to end the nearly four-year conflict,...
- US President Donald Trump had given Ukraine until November 27 to approve his plan to end the nearly four-year conflict, which began after Russia launched a full-scale invasion
- Kyiv was seeking changes to the draft that accepted a range of Russia's hardline demands, with the 28-point plan requiring the invaded country to cede territory, and cut its army
Geostrategy
G20 grapples with splintering world order
"Too many countries are retreating into geopolitical blocs or the battlegrounds of protectionism," Canadian Prime Minister Mark Carney told reporters....
- He and the other leaders at the summit -- which was boycotted by the United States -- held a searching discussion on how the G20 can survive in a fragmenting world.
- The United States is to host next year's G20 summit, with Trump planning to hold it at a Florida golf club he owns.
Geostrategy
Israeli strikes kill 21 in Gaza, dozens more wounded: Civil defense
Mahmud Bassal, spokesman for the civil defense agency, Bassal said one strike hit a house in Deir el-Balah in the...
- The Palestinian foreign ministry, based in the Israeli-occupied West Bank, condemned the strikes.
- It urged the international community to put "immediate pressure" on Israel to "stop the massacres".
Geostrategy
Amazon climate deal a ‘win’ for global unity but fossil fuels untouched
Nearly 200 countries approved the deal by consensus after two weeks of exhaustive negotiations on the fringes of the rainforest,...
- Brazilian President Luiz Inacio Lula da Silva, who staked political capital on the success of COP30, said the pact was proof that a fractured world could still unite in crisis.
- There was less euphoria in Belem, where defeated European ministers admitted they only took the watered-down deal to keep the entire process from imploding.
Geostrategy
G20 summit opens in South Africa without Trump
The Johannesburg gathering is being attended by a host of world leaders including French President Emmanuel Macron, Indian Prime Minister...
- Trump is boycotting, with his government saying South Africa's priorities -- notably boosting global cooperation on trade and climate action -- run counter to US policy.
- Despite the headwinds, host South Africa was projecting optimism that it would get backing for its G20 aims to reduce economic inequalities, shrink debt for low-income countries
Geostrategy
Trump pushes Ukraine to accept his plan for ending the war ahead of Nov 27 deadline
"He'll have to like it, and if he doesn't like it, then you know, they should just keep fighting," Trump...
- "He'll have to like it, and if he doesn't like it, then you know, they should just keep fighting," Trump told reporters who asked about Zelensky's less-than-enthusiastic response
- "At some point he's going to have to accept something," Trump added during the Oval Office meeting with New York City's future mayor Zohran Mamdani
Geostrategy
UAE says will invest up to $50 billion in Canada
The fresh North American investment pledge came after UAE President Mohamed bin Zayed Al Nahyan promised in May to pump...
- Under the terms of the agreement, the UAE will invest in energy, artificial intelligence, logistics, mining and other priority national and strategic industries in Canada.
- Foreign direct investment stock from the UAE in Canada stood at $8.8 billion in 2024, while Canadian direct investment stock in the UAE totaled $242 million that same year.
Geostrategy
COP30 deal under threat as nations clash over fossil fuels
The draft text unveiled by COP30 host Brazil made no mention of "fossil fuels" or the word "roadmap" that President...
- Divisions remain not just over fossil fuels but trade measures and finance for poorer nations to adapt to climate change and move to a low-carbon future.
- More than 30 countries had warned in a letter to Brazil that they would reject any deal that did not include a plan to move away from fossil fuels.
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Divided US Fed set for contentious interest rate meeting
When the Fed last met in October, Chair Jerome Powell asserted that another rate cut in December was "not a...
Economy
Company News
Latest News
10 killed in Aleppo building collapse: Syria state media
The five-story building collapsed in the Ferdaws neighbourhood of Aleppo. Civil defence and local authorities evacuated residents from nearby buildings...
Sudanese journalists form union to safeguard press freedom
The journalists' syndicate held elections on Saturday, the first since ousted president Omar al-Bashir dissolved independent unions after rising to...
Morocco bus crash leaves 23 dead, scores injured
An average of 3,500 deaths and 12,000 injuries have been recorded annually in Morocco, according to the National Road Safety...
Tunisia train accident leaves nearly 100 passengers injured
A head-on collision between two passenger trains injured 95 people on Monday morning in the south of the Tunisian capital,...
Iranian jet fighter crashes, three killed, reports state TV
Jet fighter crashed in a residential area of the northwestern city of Tabriz.
Trump says US freeze on asylum decisions will last ‘a long time’
US President Donald Trump said Sunday his administration intends to maintain a pause on asylum decisions for "a long time"...
Geostrategy
Trump optimistic after Ukraine talks as Rubio says ‘more work’ needed to end war
US President Donald Trump said Sunday there was a "good chance" of a deal to end the war in Ukraine...
Geostrategy
Pope urges Lebanese to stay in their country despite difficulties
Leo emphasized the need for peace, using the word more than 20 times during the address, without mentioning any specific...
Geostrategy
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Geostrategy
The tiring task of repairing Gaza’s tattered banknotes
Nuseirat, Palestinian Territories - With a pot of glue, a blade and a keen eye, Manal al-Saadani repairs tattered banknotes...
- As Gaza remained blockaded for much of the Israel-Hamas war since October 2023, basic supplies were depleted, including banknotes, with no new ones supplied to its banks
- The Bank of Israel's first Series C notes featured the portraits of prominent Hebrew poets, with the 20 note in red, the 50 in green, the 100 in orange and the 200 in blue
Arts & Culture
Crowd braves rain to flock to Pope Leo’s mass in Istanbul
After two days of blue skies and sunshine, the heavens opened, but the downpour did little to dampen the enthusiasm...
- Earlier, the leader of the world's 1.4 billion Catholics visited Istanbul's Blue Mosque, huddled with local church leaders and met Orthodox Ecumenical Patriarch Bartholomew I
- Ahead of the ceremony, the streets were filled with umbrellas as people walked through the rain towards the stadium, the crowd giving off a palpable buzz of excitement
Geostrategy
Hezbollah says has ‘right’ to respond to Israel’s killing of military commander
Hezbollah's leader on Friday said the group had the right to respond to Israel's assassination of its top military chief...
- In a televised speech, Naim Qassem called the killing of Haytham Ali Tabtabai "a blatant aggression and a heinous crime", adding that his group had "the right to respond."
- Qassem insisted that the Iran-backed group has respected the November 2024 ceasefire that sought to end over a year of hostilities with Israel