Airbus, Leonardo and Thales reported moving towards European space firm
Rome, Italy -- European aerospace firms Airbus, Leonardo and Thales could seal an accord this year to set up a...
Business
Arab, Muslim leaders to meet in Qatar to denounce Israeli attack
Qatar said Saturday it will host a summit of Arab and Muslim leaders to denounce Israel's attack on Hamas officials...
Geostrategy
Arts & Culture
Demarai Gray quits Everton to join Saudi Arabia’s Al-Ettifaq
London, United Kingdom - Demarai Gray has left Everton for Al-Ettifaq ahead of Thursday's transfer deadline in the Saudi Pro League....
- The 27-year-old forward is the latest Premier League player to head to the Gulf nation, joining former Liverpool midfielder Jordan Henderson at Al-Ettifaq.
- The Jamaica international said that he would be "forever proud" to have played for Everton, who are in the relegation zone after a poor start to the season.
Geostrategy
Lebanese army blocks entry of 1200 Syrian migrants
Millions of Syrians have fled abroad since their country's civil war broke out in 2011 following the government's repression of...
- It had announced on August 23 that it turned back 700 Syrians attempting to enter the eastern Mediterranean country irregularly.
- Lebanon, which has been mired in a crippling economic crisis for more than three years, says it hosts nearly two million Syrians.
Economy
US Treasury pushing to increase IMF funding by raising quota obligations
The comments from Jay Shambaugh, the Treasury's under secretary for international affairs, underscore the Biden administration's push for the IMF...
- An increase in quotas "will reduce its reliance on borrowed resources and provide the IMF with a more consistent and predictable level of resources," said Jay Shambaugh.
- The Treasury is also looking at ways to expand the influence of emerging markets and developing economies at the top of the IMF, he said.
Economy
Turkey to showcase market-friendly turn at investment roadshow
inance Minister Mehmet Simsek told reporters he would then travel to New York and European economic powerhouses Germany and Britain...
- The Merrill Lynch veteran's attempt to talk up his reforms were boosted by a World Bank announcement that it was looking to boost its commitment to Turkey from $17bn to $35bn.
- Turkey suffered a lira crash in 2021 that set prices spiraling by 85% over a year when Erdogan forced the central bank to slash the interest rate far below that of inflation.
Business
Tencent claims new AI chat bot skills comparable to ChatGPT
Tencent on Thursday gave a live demonstration of Hunyuan Aide's capabilities, with the bot introducing itself in response to questions...
- Tencent's "Hunyuan Aide", which it released to the public on Thursday, follows the similar ERNIE Bot rolled out by fellow Chinese company Baidu last month
- Hunyuan Aide has "powerful Chinese language writing ability, the ability to make logical inferences in complicated linguistic contexts, Tencent said in a statement
Syria’s ancient adobe houses threatened by war, displacement
"Village Umm Amuda Kabira in Aleppo once had 3,000 to 3,500 residents and some 200 mud houses," said Mahmud al-Mheilej,...
- Also known as "beehive houses", the conical adobe structures are designed to keep cool in the blazing desert sun while their thick walls also retain warmth in the winter
- Umm Amuda Kabira village in Aleppo province is among a handful of places where residents long used to live in the small domed houses, made of mud mixed with brittle hay
Economy
China reports drop in exports and imports in August
Beijing, China--China's exports and imports sank again in August, data showed Thursday, as the world's second-largest economy struggles with sluggish global...
- The customs authority said that overseas shipments dipped 8.8 percent on-year, compared with a 14.5 percent plunge in July
- The country's exports, apart from a brief rebound in March and April this year, have been in constant decline since October
Oil, gas sector emission pledges stalling: report
According to Carbon Tracker, the weakest emissions reductions commitments came from US major ExxonMobil and five majority state-owned oil firms:...
- A report by Carbon Tracker assessed and ranked emissions reductions commitments by 25 of the largest oil and gas firms, as measured by 2022 production volumes
- Some 16 firms only covered operational emissions and failed to take into account indirect emissions linked to the full life cycle and use of their products
Arts & Culture
Israel showcases Roman era weapons
Four Roman-era swords and a javelin were discovered inside a cave in the Judean desert, where they had been preserved...
- The archaeologists said the ancient weapons were believed to have been used during the Bar Kokhba revolt of Jews against the Romans in the second century.
- "It's a very unique and important discovery, which is unprecedented in Israel," Eitan Klein, director of Israel Antiquities Authority, told journalists at an event.
Geostrategy
EU asks Turkey to address democracy before membership
EU chief Charles Michel said last month that the bloc should get ready to admit new members from eastern Europe...
- Ankara secured a pledge from Brussels to resurrect stalled membership negotiations in exchange for lifting its blockade of Sweden's drive to join NATO.
- But Ankara accuses Brussels of never seriously considering membership for what would be the largest majority-Muslim nation of the 27-nation bloc.
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Airbus, Leonardo and Thales reported moving towards European space firm
Rome, Italy -- European aerospace firms Airbus, Leonardo and Thales could seal an accord this year to set up a...
Business
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PA alone must be in charge of post-war Gaza, say France, Egypt and Jordan
Cairo, Egypt -- The leaders of France, Egypt and Jordan on Monday said the Palestinian Authority alone must be in...
Geostrategy
Stocks sink again as Trump holds firm on tariffs
Trading floors across the globe were overcome by waves of further selling after last week's sharp losses, with Trump telling...
Business
Turkey’s main opposition leader urges elections ‘in November at the latest’
The leader of Turkey's main opposition party on Sunday called for expected elections to be held "at the latest in...
Geostrategy
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Geostrategy
Thousands rally in Morocco at pro-Palestinian protest
Tens of thousands of people demonstrated in Morocco's capital on Sunday against the conflict in the Gaza Strip where Israel...
- The largest pro-Palestinian protest in the capital Rabat for several months was called by the Islamist-dominated coalition the Justice and Development party
- Protesters were accompanied by chanting and the beating of drums as they marched down the city's Mohammed V Avenue near parliament
Economy
Saudi stocks take 5-year record fall, plunge nearly 7% after US tariffs spark global market turmoil
Other Gulf markets also took a dive, reflecting global trends as countries around the world grapple with Trump's shock tariffs...
- President Donald Trump's tariff offensive unleashed this week has sparked a global stock market rout, also raising fears of a general trade war and recession
- State-run financial newspaper Al-Eqtisadiah said that "the Saudi stock market lost more than half a trillion riyals (about $133 billion) in market value during Sunday's trading"
Geostrategy
Tens of thousands march in US against Trump ‘devastation’
Opponents of the Republican president's policies -- from government staffing cuts to trade tariffs and eroding civil liberties -- rallied...
- As Trump continues upending Washington, his approval rating has fallen to its lowest since taking office, according to recent polling.
- In Washington, thousands of demonstrators -- many traveling from across the United States -- gathered on the National Mall where dozens of speakers rallied opposition to Trump.