Asia stocks mostly down after Wall St. losses
The "Santa Claus rally" got off to a good start but US stocks then fell across the board on Friday,...
Israeli raid puts last major Gaza health facility out of service: WHO
The World Health Organization said the operation had put the "last major health facility in north Gaza out of service"....
Geostrategy
Geostrategy
UAE seeks consular services for arrested Telegram boss
"The UAE is closely following the case of its citizen Pavel Durov, founder of Telegram, who was arrested by the...
- He is accused of failing to curb the spread of illegal content on Telegram, which has more than 900 million users. The company has rejected the accusations.
- Durov set up Telegram after leaving Russia a decade ago, and Forbes magazine estimates his current fortune at $15.5 billion.
Geostrategy
Iraq issues arrest warrants against two persons for ‘heist of the century’
Baghdad, Iraq -- An Iraqi criminal court on Tuesday issued arrest warrants for a businessman and a former government official wanted...
- The scandal, dubbed the "heist of the century", sparked widespread anger in Iraq, which is ravaged by rampant corruption, unemployment and decaying infrastructure.
- The criminal court issued the warrants for businessman Nour Zuhair and Haitham al-Juburi, a former adviser to then prime minister Mustafa al-Kadhemi.
Geostrategy
Egypt says will not accept Israeli force on its Gaza border: state-linked media
Cairo, a key mediator in efforts to secure a ceasefire between Israel and Hamas in Gaza, "reiterated to all parties...
- A key sticking point in the ceasefire talks have been calls for Israel to withdraw its forces from the border area, including the Rafah crossing
- Israeli forces seized the Palestinian side of the Rafah crossing in early May, a move that has cut off a crucial aid route and drawn repeated condemnation from Egypt
Business
ExxonMobil expects global oil demand near current levels in 2050
New York, United States - Global oil demand is unlikely to fall by 2050 despite progress on renewable energy, the US...
- In a new report, ExxonMobil said it "sees a plateau in oil demand beyond 2030, remaining above 100 million barrels per day through 2050."
- This would be roughly in line with oil demand last year of 102.2 million barrels per day, according to the International Energy Agency
Geostrategy
Egypt says will not accept Israeli force on its Gaza border
Cairo, a key mediator in efforts to secure a ceasefire between Israel and Hamas in Gaza, "reiterated to all parties...
- "Egypt is managing the mediation" between Israel and Palestinian militant group Hamas "in accordance with its national security", the source told Al-Qahera News.
- The negotiations, also mediated by Qatar and the United States, have yielded little hope for a ceasefire, though Washington said Friday that some progress had been made.
Israel strikes Lebanon, says thwarted large-scale Hizbollah attack
The result was perhaps the biggest exchange of fire in 10 months of a war which began with a Hamas...
- Hizbollah, the powerful Iran-backed Lebanese armed group, denied that thousands of launchers had been destroyed or that Israel had thwarted a larger attack
- Israeli Prime Minister Benjamin Netanyahu told his cabinet the strikes were "not the final word" in the campaign against Hizbollah
Don’t give smartphones to kids under 11, UK mobile phone firm says
London, United Kingdom - One of Britain's biggest mobile network operators said on Sunday it will warn parents they should not...
- The new guidance comes after growing concern from parents about the potential pitfalls of smartphone access for young people
- A recent study by the UK communications regulator found around a quarter of British children aged between five and seven-years-old now had a smartphone
Business
Telegram chief Pavel Durov arrested at French airport: officials
Paris, France - French police arrested Telegram chief executive Pavel Durov on Saturday at an airport near Paris for alleged offences...
- The Franco-Russian billionaire, 39, was detained at Le Bourget airport north of the French capital on Saturday evening, one of the officials told AFP
- "Enough of Telegram's impunity," said one of the investigators, adding they were surprised Durov came to Paris knowing he was a wanted man
Israeli defence minister declares 48-hour state of emergency
"The declaration on the state of emergency enables the IDF (Israeli military) to issue instructions to the citizens of Israel,...
- "I hereby declare a special situation on the home front in other areas of the country. The situation is valid for 48 hours starting at 6:00 am," Gallant said
- In a separate statement, the defence ministry said Gallant briefed US Secretary of Defence Lloyd Austin on the overall situation
Harris bats for nuance on Gaza, Palestinians’ right to ‘freedom, self-determination’
Harris also pledged to "always stand up for Israel's right to defend itself." Some pro-Palestinian activists, who rallied on the...
- The US Democratic candidate vowed to "not cozy up to tyrants and dictators" who can flatter Trump as he "wants to be an autocrat himself."
- Harris won the biggest applause lines in her foreign policy section when she spoke of the suffering of Palestinians
Asia stocks mostly down after Wall St. losses
The "Santa Claus rally" got off to a good start but US stocks then fell across the board on Friday,...
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Okonjo-Iweala’s second term: Trump’s disdain for WTO biggest challenge
Ngozi Okonjo-Iweala, the first woman and the first African to head the WTO, is the only candidate in the race,...
Geostrategy
Crypto boss Justin Sun eats banana art he bought for $6.2 million
Hong Kong, China -- Crypto entrepreneur Justin Sun on Friday fulfilled a promise he made after spending $6.2 million on an...
Arts & Culture
Saudi Arabia hosts UN talks on drought, desertification
Riyadh, Saudi Arabia - Saudi Arabia will host the COP16 UN conference on land degradation and desertification next week as the...
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Geostrategy
How are countries regulating the wild west of social media for minors?
Paris, France -- A handful of nations are trying to clean up social media with measures including robust privacy provisions and...
- Among the countries taking action is Australia, which on Thursday passed a landmark law banning children under 16 from social media.
- In June 2023 France passed a law requiring social media platforms to check the age of users and obtain parental consent for those under 15 years of age.
Geostrategy
OPEC+ postpones meeting amid signs of ‘discord’ on output plans
The 22-member OPEC+ group led by Saudi Arabia and Russia was due to decide on its 2025 output policy at...
- An OPEC spokesman told AFP that the December meeting will be held online.
- In a bid to boost crude prices, eight OPEC+ members announced earlier this month they were extending supply cuts until the end of December.
Geostrategy
Iran says may end nuclear arms ban if sanctions reimposed
Iran is set to meet with Britain, France and Germany for talks on its nuclear program on Friday after the...
- Iran is set to meet with Britain, France and Germany for talks on its nuclear program on Friday
- For Tehran, the goal of the talks on Friday is to avoid a "double disaster" scenario