China’s Xi calls on BRICS countries to ‘resist all forms of protectionism’
Beijing, China -- Chinese President Xi Jinping called on the 11-nation BRICS bloc to "resist all forms of protectionism" at...
Geostrategy
Saudi launches Damascus area reconstruction project
Saudi Arabia announced on Sunday humanitarian projects for Syria including the removal of wartime rubble around Damascus, weeks after inking...
Economy
Geostrategy
Turkey’s ‘biggest ever’ defense deal inked during Erdogan’s Saudi visit
Haluk Bayraktar, CEO of the drone manufacturer which is co-run by one of Erdogan's sons-in-laws, in a tweet called the deal...
- Erdogan, who in May elections won another five-year term, was in Saudi Arabia to kick off a Gulf tour seeking to drum up support for Turkey's faltering economy.
- After attending a Saudi-Turkish business forum in Jeddah on Monday, Erdogan and Prince Mohammed discussed "prospects for joint cooperation" in their meeting.
Economy
Ukraine to continue grain exports despite Russia’s exit from deal
Putin has been threatening to pull out of the arrangement, arguing that elements of the deal allowing the export of...
- The agreement, which has enabled the export in cargo of more than 32 million tonnes of Ukrainian grain over the last year, is due to expire at 2100 GMT on Monday
- In his evening address, Volodymyr Zelensky said: "Ukraine, the UN and Turkey can jointly ensure the operation of the food corridor and the inspection of ships
Economy
Egypt building collapse kills eight residents in capital
According to state media and the public prosecution, eight people including seven members of one family were killed in Cairo...
- Many buildings in central Cairo dating back to the 19th and early 20th centuries are in dilipidated condition
- There have been many building collapses in recent years in Egypt due to non-compliance with regulations
Norway threatens $100,000 daily fine on Meta over use of personal data
The Norwegian watchdog, Datatilsynet, said Meta uses information such as the location of users, the content they like and their...
- The business practices of US big tech firms are under close scrutiny across Europe over concerns about privacy, with huge fines handed out in recent years
- The Norwegian watchdog, Datatilsynet, said Meta uses information such as the location of users, the content they like and their posts for marketing purposes
Geostrategy
UN hands over boat for oil transfer from rusting Yemen tanker
Aboard Nautica , Yemen - The United Nations on Monday handed over a vessel that will take on board oil from...
- The handover ceremony took place aboard the Nautica, which is being renamed the Yemen, in the presence of the country's Houthi authorities.
- In the coming days, an operation is expected to begin pumping 1.14 million barrels of crude oil to the Nautica from the FSO Safer.
Geostrategy
Millions will ‘pay the price’ of Russia’s grain deal exit: UN chief
The move by Moscow will "strike a blow to people in need everywhere", Guterres said. "Hundreds of millions of people...
- Earlier, the Kremlin said that as "soon as the Russian part (of the agreements) are fulfilled, the Russian side will immediately return to the grain deal".
- Ukraine President Volodymyr Zelensky said his country was prepared to keep exporting grain via the Black Sea despite Russia's exit from the deal.
Economy
Global debt dominates as G20 finance chiefs meet in India
Indian Finance Minister Nirmala Sitharaman, chair and host of the summit in Gandhinagar, began by telling finance leaders of "the...
- Key on the two-day agenda will be "facilitating consensus to intractable issues associated with rising indebtedness", Sitharaman said
- A top official from G20 chair India said there had been a "not so encouraging response" from Beijing on shared debt understanding
Business
Saudi spending spree won’t harm MLS’s Messi-led global push – Garber
Cristiano Ronaldo, who was long viewed as a possible MLS target, was the first to move to the Saudi league...
- Messi signed for Inter Miami on Saturday, completing his move to MLS, after he turned down a huge offer to move to the Saudi Professional League
- With Messi signed up, MLS hope that, together with broadcast partner Apple TV, they can bring in revenue by selling subscriptions to the league globally
Geostrategy
Libya border guards rescue migrants in desert near Tunisia
Many journalists at the Libyan-Tunisian border saw migrants who were visibly exhausted and dehydrated, sitting or lying on the sand...
- Hundreds of migrants from sub-Saharan African countries were forcibly taken to desert and hostile areas bordering Libya and Algeria after racial unrest in early July in Sfax
- Hundreds of migrants fled or were forced out of Sfax after racial tensions flared following the July 3 killing of a Tunisian man in an altercation between locals and migrants
Geostrategy
War-scarred Sudan refugees face soaring rent prices in Cairo
As Egypt said more than 250,000 people crossed in from Sudan -- fleeing ceaseless air strikes, street battles, rampant looting...
- Purchasing power in the import-dependent economy has been slashed as families struggle to make ends meet
- New arrivals from Sudan face hardships, with realtors reporting a sharp increase in demand in Egypt's Cairo
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China’s Xi calls on BRICS countries to ‘resist all forms of protectionism’
Beijing, China -- Chinese President Xi Jinping called on the 11-nation BRICS bloc to "resist all forms of protectionism" at...
Geostrategy
Company News
Boeing guilty plea deal filed
Business
Bangladesh arrest total passes 2,500
Geostrategy
Latest News
Mediators hope for end to conflict as next phase of Gaza ceasefire talks in Cairo begins
Mediator Egypt say Israeli, Qatari and US delegations were already in Cairo for "intensive" talks on the next stage of...
Geostrategy
Hamas, Israel prisoner swap advances as talks for ceasefire’s next phase loom
Israeli authorities received four hostage bodies from Hamas, while Palestinian prisoners were welcomed in Ramallah, as ceasefire negotiations involving Egypt,...
Geostrategy
Billionaire Bezos announces restrictions on Washington Post opinion coverage
Washington, United States - The Washington Post will no longer run views opposed to "personal liberties and free markets" on...
Business
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Geostrategy
UN warns of last chance for two-state Israeli-Palestinian solution
Sigrid Kaag, the UN envoy for the peace process in the region, also warned against calls for Israel to annex...
- "The people of the region can emerge from this period with peace, security, and dignity. However, this may be our last chance to achieve the two-state solution," said Kaag.
- Kaag called on Hamas and Israel to agree on the second phase of the ceasefire in the Gaza war and avoid a resumption of fighting.
Geostrategy
US, Russia to appoint negotiators for Ukraine talks; Kyiv protests exclusion, Europe awaits role
Washington noted European nations would have to have a seat at the negotiating table "at some point", following the first...
- Some European leaders, alarmed by President Donald Trump's overhaul of US policy on Russia, fear Washington will make serious concessions to Moscow
- Ukrainian President Volodymyr Zelensky slammed his nation's exclusion from the Riyadh gathering, which lasted for more than four hours, saying talks should involve European nations
Geostrategy
Iran’s Khamenei: US plan to displace Gazans ‘will go nowhere’
Tehran, Iran - Iran's supreme leader Ayatollah Ali Khamenei on Tuesday dismissed a proposal by the United States to displace Palestinians...
- Khamenei made the remarks during a meeting in Tehran with Ziyad al-Nakhalah, leader of the Palestinian militant group Islamic Jihad
- US President Donald Trump this month proposed a plan for a US takeover of the war-battered Gaza Strip and its Palestinian inhabitants to be relocated elsewhere