EU lawmakers back push for action against Israel over Gaza
The EU chief said Wednesday in her keynote annual address to the European Parliament that she would propose those steps...
Geostrategy
Stock markets strike records despite geopolitical unrest
Gains for oil prices were relatively modest, while gas futures were unmoved after Israel's strikes Tuesday against Hamas in gas-rich...
Business
Geostrategy
Israeli troops shoot Palestinian dead in occupied West Bank
Israel has occupied the West Bank since 1967 and its forces regularly make incursions into Palestinian communities.
- Mahmoud Jihad Jarad, 23, was shot dead by troops during an overnight raid on Tulkarm refugee camp in the northern West Bank.
- Jarad's body was shrouded in a Palestinian flag, his head wrapped in a keffiyeh, as he was carried through the streets in a funeral procession.
Business
Stock markets drop over fears of more interest-rate hikes
In Asian stock market trading, Hong Kong extended the week's losses Friday, even as e-commerce titan Alibaba surged on a...
- Official data Thursday that showed US inflation rising less than expected in July failed to stop bets on the Federal Reserve raising borrowing costs
- Across the Atlantic, better-than-expected UK growth data Friday increased the likelihood of more BoE tightening, boosting the pound
Business
IEA predicts record oil demand of 2.2m barrel a day in 2023
PARIS, FRANCE - The International Energy Agency said Friday it had revised upwards its forecast for global oil demand growth in...
- World oil demand already hit a record 103 million barrels per day in June and August and "could see yet another peak", IEA said.
- "For 2023 as a whole, global oil demand is set to expand by 2.2 million barrels per day to 102.2 million barrels per day," it said.
Science
Covid cases up 80 percent globally as new subvariant rises
The number of new COVID-19 cases reported worldwide rose by 80 percent in the last month, the World Health Organization...
- The UN agency said that nations reported nearly 1.5 million new cases from July 10 to August 6.
- Many of the new cases came in the Western Pacific region, which saw infections jump by 137 percent.
Business
Huawei H1 revenue at US$43.3bn
The firm works to diversify its business operations.
- The Shenzhen-based company has for several years been at the center of an intense tech standoff between China and the US.
- Since 2019, sanctions have cut the company off from global supply chains that gave it access to US-made components and technologies.
Markets struggle again as US inflation fails to sooth rate worries
A highly anticipated report showed July consumer prices rose more than the previous month but less than feared, giving the...
- Hong Kong and Shanghai fell further, even as Alibaba surged in response to an earnings report showing a forecast-busting rise in first-quarter revenue
- Sydney, Singapore, Manila and Jakarta also fell, though Seoul, Wellington and Taipei eked out gains. Tokyo was closed for a public holiday
Russia launches first Moon mission in nearly 50 years
The spacecraft, which will remain on the Moon for a year, will be tasked with "taking (samples) and analysing the...
- The rocket with the Luna-25 probe lifted off at 02:10 am Moscow time (2310 GMT Thursday) from the Vostochny Cosmodrome
- The spacecraft is due to reach lunar orbit in five days, It will then spend between three and seven days choosing the right spot for landing
Egypt dig unearths 41-million-year-old whale in desert
With an estimated length of 2.5 metres (eight feet) and a body mass of approximately 187 kilogrammes (410 pounds), Tutcetus...
- The team has dubbed the species "Tutcetus rayanensis" after the Egyptian boy king Tutankhamun and the Wadi El-Rayan Protected Area in Egypt's Fayoum Oasis
- Fayoum Oasis, some 90 miles southwest of Cairo, boasts Wadi al-Hitan, the Valley of the Whales, a UNESCO World Heritage Site that has turned up hundreds of fossils
IS attack on bus kills 23 Syrian soldiers: monitor
Despite losing their last piece of territory in Syria in 2019, IS has maintained hideouts in the vast Syrian desert...
- The attack killed "23 soldiers and wounded more than 10 others", some of whom in critical condition, said the Syrian Observatory for Human Rights
- Ten Syrian soldiers and pro-government fighters were killed earlier this week in an IS attack in the Raqa province, the Observatory said Tuesday
Iran says prisoners deal agreed with US: state media
Based on the agreement, five Iranian prisoners in the US and five American prisoners in Iran will be exchanged," the...
- All of the detained Americans are of Iranian descent, but Iran does not recognize dual nationality
- Iranian state media reported that the process had begun to also release Iranian funds in a European bank
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EU lawmakers back push for action against Israel over Gaza
The EU chief said Wednesday in her keynote annual address to the European Parliament that she would propose those steps...
Geostrategy
Company News
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Macron hosts European leaders to discuss Ukraine’s security amid ceasefire talks with Russia
The meeting is seeking to set out what security guarantees Europe can offer Ukraine once a ceasefire deal is agreed,...
Geostrategy
Over a billion pounds of Coke plastic waste to enter waterways: study
Washington, United States -- By 2030, Coca-Cola products will account for an estimated 1.33 billion pounds (602,000 metric tons) of...
Geostrategy
Japan’s Masaki Kashiwara wins Abel Prize for mathematics
Oslo, Norway -- The prestigious Abel Prize for mathematics was on Wednesday awarded to Japanese mathematician Masaki Kashiwara a specialist...
Arts & Culture
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Arts & Culture
Israel releases Palestinian Oscar winner after West Bank detention
Jerusalem, Undefined - Israeli police on Tuesday released Oscar-winning Palestinian filmmaker Hamdan Ballal, detained a day earlier for "hurling rocks"...
- Basel Adra, who worked with Ballal on the Oscar-winning documentary film "No Other Land", posted on X a photo of him from a hospital after his release
- The best documentary at this year's Academy Awards follows Adra and Abraham, telling the story of forced displacement of Palestinians by Israeli troops
Geostrategy
Russia, Ukraine agree to halt Black Sea strikes in US-brokered talks in Saudi Arabia
With President Donald Trump pushing for a rapid end to the war that has killed tens of thousands of people,...
- The United States said it would also look for ways to enforce a ban on strikes on energy infrastructure in the two countries
- Zelensky told a news conference in Kyiv that the talks also discussed bringing in third parties to oversee a future truce
Geostrategy
Syria slams ‘flagrant’ Israeli violation after deadly bombardment
Syria slammed Israeli attacks as a "flagrant violation" of its sovereignty after deadly bombardment Tuesday in the country's south, where...
- The violence near the UN-patrolled buffer zone on the Golan Heights followed Israeli air strikes in central Syria, the latest in a string of attacks on military sites
- Israel has launched hundreds of strikes on military sites since Assad's fall in December, saying it wants to prevent weapons from falling into the hands of jihadists