Russia says Ukraine peace talks with Kyiv on pause as NATO bolsters defences
Russia said Friday that peace talks with Kyiv were on "pause" as President Volodymyr Zelensky warned that his Russian counterpart...
Geostrategy
UN General Assembly votes for Hamas-free Palestinian state
The text was adopted by 142 votes in favor, 10 against -- including Israel and key ally the United States...
Geostrategy
Geostrategy
Turkey’s Erdogan to visit Russia for talks with Putin
Turkish President Recep Tayyip Erdogan is to visit Russia "soon" for talks with Vladimir Putin on reviving a deal to...
- Kremlin spokesman Dmitry Peskov told reporters that a meeting was being prepared "intensively", without giving a time or place for the talks.
- Erdogan has used his good relations with Russia and Ukraine to try to bring the two sides into formal peace talks.
Geostrategy
Boon or blight? E-scooters around the world
The for-hire electric scooters that have become ubiquitous in Paris and other cities worldwide will be banned in the French...
- Barcelona outlawed rental scooters on public roads in 2018. Two years later Montreal outlawed all electric scooters, rental and private.
- In London, only rental e-scooters with specific safety features are allowed in the capital. Privately owned devices are illegal.
China developer Evergrande plunges as Hong Kong trading resumes
The resumption of trading came after the company said in a filing on Friday that it had met guidelines set...
- Shares of Evergrande plunged as much as 87 percent during morning trading, slashing its market value from a peak of more than $50 billion in 2017 to less than $600 million
- Company reported fresh losses for the first half of the year amounting to 33 billion yuan-- an improvement on the 66.4 billion yuan in losses reported in same period last year
China EV giant XPeng to buy rival for over $740m
Founded in the southern province of Guangdong in 2015, XPeng is one of dozens of Chinese startups to emerge in...
- In a filing to the Hong Kong Stock Exchange, the car giant said it had reached a deal with Didi to buy that subsidiary for $744 million
- XPeng sold 41,435 vehicles in the first half of 2023, down 40 percent year on year, according to results published this month
Geostrategy
Israel strikes force closure of Syria airport: state media
Israel has launched hundreds of air strikes in the last 12 years of civil war in Syria, primarily targeting Iran-backed...
- Syrian transport ministry official said the damage centred on the only functioning runway
- The Syrian Observatory for Human Rights said the strikes also targeted an adjacent military airport
Geostrategy
Members of US Congress make rare visit to Syria’s rebel area
The Republican delegation comprising French Hill, Ben Cline and Scott Fitzgerald entered Syria from Turkey through the Bab al-Salama border...
- The Congress members met with Raed Saleh, the director of the White Helmets rescue group
- The meeting stressed "the importance of continuing cross-border aid in light of the growing humanitarian needs"
Geostrategy
Libyan FM ‘suspended’ over talks with Israeli counterpart
Prime Minister Abdulhamid Dbeibah said that Najla al-Mangoush, the foreign minister, has been temporarily suspended and will be subject to...
- Although the Libyan foreign ministry called the meeting a chance encounter, news of it led to street protests in many Libyan cities
- Israel has managed to normalize relations with several Arab countries in recent years as part of US-backed deal
Business
Evergrande posts H1 loss
Firm said it has $556 million remaining in cash assets.
- The developer's January-June losses amounted to 33 billion yuan ($4.53 billion), compared to 66.4 billion yuan lost in the same period last year.
- Its statement on Sunday estimated its liabilities now stood at almost $328 billion, down from nearly $340 billion at the end of 2022.
Geostrategy
Egypt, Ethiopia restart talks over dam construction
Cairo, Egypt - Egypt announced on Sunday that negotiations had resumed over Ethiopia's controversial mega-dam, after agreeing last month to reach...
- The massive $4.2-billion Grand Ethiopian Renaissance Dam (GERD) has been at the center of a regional dispute ever since Ethiopia broke ground on the project in 2011
- For years at loggerheads over the issue, Egyptian President al-Sisi and Ethiopian Prime Minister Abiy Ahmed had agreed in July to finalize a deal within four months
Geostrategy
The fight over a ‘dangerous’ ideology shaping AI debate
Paris, France - Silicon Valley's favorite philosophy, longtermism, has helped to frame the debate on artificial intelligence around the idea of...
- Silicon Valley's favorite philosophy, longtermism, has helped to frame the debate on artificial intelligence around the idea of human extinction.
- But increasingly vocal critics are warning that the philosophy is dangerous, and the obsession with extinction distracts from real problems associated with AI like data theft.
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Russia says Ukraine peace talks with Kyiv on pause as NATO bolsters defences
Russia said Friday that peace talks with Kyiv were on "pause" as President Volodymyr Zelensky warned that his Russian counterpart...
Geostrategy
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Military confrontation ‘almost inevitable’ if Iran nuclear talks fail, says French foreign minister
Western countries including the United States have long accused Iran of pursuing a nuclear weapon, which Tehran has denied, insisting...
Geostrategy
World’s tiniest pacemaker is smaller than grain of rice
Paris, France -- Scientists said Wednesday they have developed the world's tiniest pacemaker, a temporary heartbeat regulator smaller than a...
Science
Israel says expanding Gaza offensive to seize ‘large areas’
Defense Minister Israel Katz said Israel would bolster its military presence in the Palestinian territory to "destroy and clear the...
Geostrategy
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Geostrategy
US senator smashes record with 25-hour anti-Trump speech
Washington, United States - A Democratic US lawmaker shattered a record for the longest speech in Senate history Tuesday, staying...
- Senator Cory Booker's display of endurance recalled the famous scene in Frank Capra's 1939 film classic "Mr. Smith Goes to Washington."
- The longest Senate speech on record before Tuesday was delivered by South Carolina's Strom Thurmond, who filibustered for 24 hours and 18 minutes against Civil Rights Act of 1957
Business
Tesla sales tumble in Europe in Q1
The company suffered from boycotts against the policies of Elon Musk.
- Sales of Tesla's electric cars in France fell 36.8 percent in March from a year ago amid a slight drop in the overall electric car market
- In Sweden, Tesla sales declined 63.9 percent in March and 55.2 percent in the first three months of the year, according to Mobility Sweden
Geostrategy
Turkish opposition calls for boycott over jailed students
The leader of Turkey's main opposition party has called for a boycott on Wednesday to protest the detention of students...
- 301 students have been arrested for taking part in the protests against the detention on March 19 of Imamoglu, Erdogan's greatest political rival
- Imamoglu's arrest on corruption charges, which he denies, have set off a wave of popular protests unseen in Turkey for more than a decade