US could run Venezuela, tap its oil for years, Trump says less than a week after toppling Maduro
The United States could run Venezuela and tap into its oil reserves for years, President Donald Trump said in an...
Geostrategy
Yemen separatists set for Riyadh talks after fighting: official
The leader of Yemen's separatists is heading to Riyadh on Tuesday for talks, a Yemeni official told AFP, after days...
Geostrategy
Geostrategy
Ahead of Netanyahu visit, Trump vows to block Israel annexation of West Bank
Trump voiced optimism about ending nearly two years of devastating war, echoing the confidence expressed a day earlier on the...
- Netanyahu will address the United Nations on Friday and later meet Trump in Washington as Israeli ministers muse of annexing the West Bank
- Trump met Tuesday at the United Nations with the leaders of key Arab and Muslim nations who warned him of consequences if Israel moved ahead
Geostrategy
Palestinian leader Mahmud Abbas tells UN no role for Hamas in state
Abbas, who addressed UN General Assembly by video after the US took the unusual step of denying him a visa...
- Abbas took a moderate tone in his speech as he directly took up key concerns of Israel and the United States -- notably on Hamas, which is based in Gaza.
- He distanced himself from the Oct 7, 2023 attack by Hamas, as well as frequent accusations by Israel's supporters that the Palestinians are denying the rights of Jews.
Business
Bosch to cut 13,000 jobs
This is a blow to Germany's ailing car sector.
- The cuts, all of which will take place in Germany, represent about 10 percent of Bosch's total workforce in the country.
- Bosch said the layoffs were needed to help make annual savings of 2.5 billion euros ($2.9 billion) in the group's automotive unit.
Geostrategy
Meta activates Facebook ‘teen accounts’ worldwide
Paris, France -- Meta said Thursday it was activating so-called "teen accounts" with additional protections for adolescent Facebook and Messenger...
- Meta's teen accounts, which offer additional security settings, content restrictions and parental controls for users aged 13 to 17, were first introduced on Instagram last year.
- The company said in April that it had extended them across Facebook and the social network's Messenger private chat service in the US, Canada, Australia and Britain.
Business
UAE raises $299 million in Islamic Treasury Sukuk auction
Abu Dhabi, UAE — The UAE Ministry of Finance (MoF), in collaboration with the Central Bank of the UAE, has...
- The auction underscores growing demand for UAE’s dirham-denominated sukuk, reflecting robust investor confidence in its credit and economic outlook.
- With tight spreads over US Treasuries, the sukuk issuance demonstrates competitive pricing while advancing the UAE’s local debt market development.
Geostrategy
Palestinian leader to address UN as the US weighs whether to stop Israel’s Gaza annexation
Steve Witkoff, Trump's golfing friend turned roving global negotiator, said that Trump in a separate meeting with a group of...
- US President Donald Trump's administration adamantly rejected statehood and, in a highly unusual step, barred Abbas and his senior aides from traveling to New York
- Israeli Prime Minister Benjamin Netanyahu has vowed not to allow a Palestinian state and far-right members of his cabinet have threatened to annex the West Bank
Geostrategy
‘A child killed every hour’: UN humanitarian chief slams impunity in face of Gaza ‘horror’
After nearly two years of war, Israeli military operations have killed at least 65,419 Palestinians, mostly civilians, according to the...
- In recent weeks Israel has launched a major air and ground offensive on Gaza City in a bid to root out Hamas, exacerbating already dire humanitarian conditions there
- Large parts of Gaza have been laid to waste, and last month a body backed by the United Nations officially declared famine in part of the territory
Geostrategy
Yemen drone attack wounds 22 in Israeli resort town: army, rescuers
Israel's military said a drone launched from Yemen struck the southern resort town of Eilat on Wednesday, with rescuers reporting...
- A military statement said the drone "fell in the area of Eilat" on the Red Sea coast after air defences had failed to intercept it, in the second such incident within days
- Israel's Magen David Adom emergency medical service said its teams had treated 22 casualties, including two men, aged 26 and 60, who were in serious condition with shrapnel wounds
Business
WhatsApp, Twitch among sites that could face Australia under-16s social media ban
Tech companies including WhatsApp and Reddit as well as streaming giant Twitch and gaming firm Roblox could be among more...
- The head of Australia's eSafety Commissioner, Julie Inman Grant, has written to 16 more companies to "self-assess" whether they fall under the ban's remit
- Companies will need to make a case if they believe their platform should be exempt from the ban, the national broadcaster ABC said
Geostrategy
Palestinians rally in West Bank to celebrate statehood recognition
Crowds of people rallied in the occupied West Bank on Tuesday, waving flags and holding posters of president Mahmud Abbas...
- Nationalist slogans blared from loudspeakers across the central square in the city of Ramallah, where a crowd of more than 100 clutched Palestinian and European flags
- High-ranking officials from Abbas's political movement, Fatah, and the Palestinian Authority -- which exerts limited control in the West Bank -- shook hands and smiled
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US could run Venezuela, tap its oil for years, Trump says less than a week after toppling Maduro
The United States could run Venezuela and tap into its oil reserves for years, President Donald Trump said in an...
Geostrategy
Company News
Fake AI videos have a new generation loving 1980s life
Arts & Culture
Latest News
G20 grapples with splintering world order
Geostrategy
AI tools help choose best embryos, increase success rate for IVF
Paris, France -- Artificial intelligence tools can now help choose the most promising embryos for in vitro fertilisation (IVF), although...
Science
Saudi Arabia, Qatar sign high-speed rail deal to link capitals
The train would reach speeds exceeding 300 kilometers per hour and the trip would take roughly two hours between Riyadh...
Geostrategy
Palestine, Syria celebrate reaching Arab Cup quarter-finals
Celebrations erupted on the pitch and in the stands in Doha on Sunday when both Palestine and Syria made it...
Economy
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Geostrategy
Mediators Qatar and Egypt call for next steps in fragile Gaza truce
"Now we are at the critical moment... A ceasefire cannot be completed unless there is a full withdrawal of the...
- Hamas said on Saturday that it was ready to hand over its weapons in the Gaza Strip to a Palestinian authority on the condition that the Israeli army's occupation ends.
- Qatar, alongside Egypt and the United States, helped secure the long-elusive truce, which remains delicate as Israel and Hamas accuse each other of breaching its terms.
Economy
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...
- Minutes from the Fed's most recent meeting showed many officials expect a further uptick in underlying goods inflation as President Donald Trump's tariffs bite.
- But recent comments from leading Fed officials also reflected support for cutting again because of a weakening labor market, even though inflation is still above Fed's 2% target.
Geostrategy
Mediators Egypt, Qatar, others ‘concerned’ about Israel opening one-way Gaza exit
The countries voiced "their absolute rejection of any attempts to expel the Palestinian people from their land" and said they...
- On Wednesday, Israel said it would open the Rafah crossing from Gaza to Egypt exclusively to allow residents to exit the Palestinian territory "in the coming days".
- Reopening the Rafah crossing is a part of Trump's peace plan for the Palestinian territory, as well as something UN agencies and other humanitarian actors have long called for