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...
Geostrategy
China’s share of global manufacturing jobs to rise by 2050: study
The Asian giant's share of global manufacturing jobs will rise to 43 percent of the total by that year --...
- Rich countries are likely to continue to lose manufacturing jobs, with the sector falling from 11.4 percent to 8.3 of the high-income workforce by 2050
- The study by Center for Global Development was conducted based on the projections of 59 countries representing approximately 75 percent of global GDP
Preventing aid getting to Gaza could be ‘a crime’: ICC prosecutor
"Impeding relief supplies as provided by the Geneva Conventions may constitute a crime within the court jurisdiction," chief prosecutor OF...
- Rafah is the only entry point through which international aid is currently able to trickle into Gaza, which is facing a near-total siege and relentless Israeli bombardment
- On Sunday, UN warned it feared a breakdown of public order after looting at food aid centres in Gaza run by its agency for Palestinian refugees
Geostrategy
Hamas asks Egypt to take ‘decisive’ action to hasten aid delivery in Gaza
Dubai, UAE--A top Hamas official called on Egypt Sunday to take "decisive" action to expedite aid to Gaza amid criticism...
- Hamas politburo member Musa Abu Marzouk called on Egypt to take a decisive stance in allowing aid to enter Gaza
- So far 90 trucks have gone into Gaza through the Rafah crossing from Egypt for 2.3 million in the besieged enclave
Business
HSBC Q3 profit up
Its pre-tax profit more than doubled to US$7.7bn.
- The banking giant reported third-quarter revenue grew 40 percent to $16.2 billion
- It announced a new $3bn share buyback program, after two similar initiatives this year
Geostrategy
Israel targets Syrian ‘military infrastructure’ in airstrikes
A string of attacks have been carried out against US forces in Iraq and Syria as well as increasing exchanges...
- The military did not provide more details, but according to Kan News, the strikes took place near Daraa
- Since the Hamas attack, cross-border violence has killed at least 59 people in Lebanon according to an AFP tally
Geostrategy
West Bank village empties of Palestinians after Israeli settlers’ threat
Taybeh, Palestinian Territories -- Within an hour, the Bedouin village of Wadi al-Seeq in the occupied West Bank had been completely...
- Since the Gaza war broke out, settler attacks against Palestinians have more than doubled, from an average of three to eight incidents a day, according to the UN.
- Israeli human rights activist Guy Hirschfeld told AFP the settlers had been stepping up efforts to throw Palestinians off their land since the start of the conflict.
Economy
Federal Reserve likely to pause interest rate hikes
The Federal Reserve will likely announce it is holding interest rates at a 22-year high on Wednesday, as it looks...
- Interest rate hikes slow down inflation by raising the cost of borrowing from the bank, which dampens economic activity and weakens the labor market.
- Since peaking at more than seven percent in June last year, inflation as measured by the Fed's favored yardstick has fallen by more than half.
Geostrategy
1.5C goal on the line as countries gear up for key climate talks
Paris, France -- Facing record-shattering temperatures and a geopolitical tinderbox, countries are scrambling to lay the groundwork for crucial UN climate...
- Ministers meet next week in the United Arab Emirates to grapple with flashpoint issues, including the future of fossil fuels.
- Rich polluters are under pressure to finally meet their promise to provide $100 billion in funding by 2020 for poorer nations to prepare for climate extremes.
Geostrategy
Iran’s President says Israeli actions ‘may force everyone’ to act
TEHRAN, IRAN - Iranian President Ebrahim Raisi on Sunday said Israel's ongoing bombardment of Gaza "may force everyone" to act in...
- Iran, which financially and militarily backs Hamas, hailed the October 7 attacks on Israel as a "success".
- It has insisted it was not involved in the onslaught, during which 230 people were taken hostage, as per Israeli authorities.
Geostrategy
3 Palestinians killed by Israeli forces in West Bank, says health ministry
RAMALLAH, PALESTINIAN TERRITORIES - Israeli forces killed three Palestinians across the occupied West Bank on Sunday, the Palestinian health ministry said,...
- During arrests in Jenin and nearby, “suspects hurled explosive devices at the forces and exchanges of fire took place,” the Israeli army said.
- More than 110 Palestinians and one Israeli have been killed in the West Bank since the war between Israel and Hamas erupted on October 7.
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Syria state TV relaunches, months after Assad’s ouster
Damascus, Syria - Syrian state television officially relaunched on Monday with a trial broadcast almost five months after the ouster...
OpenAI abandons plan to become for-profit company
San Francisco, United States - OpenAI CEO Sam Altman on Monday said the company behind ChatGPT would continue to be...
Business
Israel cabinet approves plan for Gaza ‘conquest’
Israel resumed major operations across Gaza on March 18 amid deadlock over how to proceed with a two-month ceasefire that...
Geostrategy
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Iran says Israel’s Netanyahu dragging US into ‘disaster’ in region
Tehran, Iran - Iran's Foreign Minister Abbas Araghchi on Monday accused Israeli Prime Minister Benjamin Netanyahu of attempting to drag...
- Araghchi also accused Netanyahu of "attempting to brazenly DICTATE what President Trump can and cannot do in his diplomacy with Iran."
- Iran's top diplomat cited US support for Israel in its war in Gaza against Palestinian group Hamas since the unprecedented October 2023 attack by the militants
Geostrategy
Pakistan conducts second missile test, India readies civil defence drills
Islamabad, Pakistan - Pakistan conducted a second missile test and India ordered civil defence drills in an escalating stand-off over...
- New Delhi blames Islamabad for backing an attack on tourists last month - the deadliest against civilians on the Indian-administered side of the Himalayan territory for years
- Pakistan rejects the accusations, and the two sides have exchanged nightly gunfire since April 24 along the de facto border in Kashmir, the militarised Line of Control
Geostrategy
Damascus club shooting sparks fears of restriction on freedoms
A deadly shooting Monday at a Damascus club, days after another attack on the capital's nightlife, has sparked fears, adding...
- Since the fall of longtime ruler Bashar al-Assad in December, the international community has been pressing the new authorities to respect personal freedoms
- The Syrian Observatory for Human Rights monitor said gunmen attacked Karawan "with automatic weapons and opened fire, killing a woman and wounding others."