Trump issues ‘last warning’ to Hamas over hostages amid new proposal for ceasefire deal
"The Israelis have accepted my terms. It is time for Hamas to accept as well. I have warned Hamas about...
Geostrategy
Israel warns recognizing Palestinian state could trigger ‘unilateral’ action
Several countries, including France and Britain, have pledged to recognize a Palestinian state during the UN General Assembly later this...
Geostrategy
Business
Cryptocurrencies rise in value after United States SEC court loss
The increases came after a federal judge in Manhattan partially dismissed the SEC's case against the creators of the XRP...
- In a second day of gains, Ethereum was up 5.69 percent in the past 24 hours and Elon Musk-supported Dogecoin was up more than 7 percent.
- Bitcoin, the main asset in the crypto space, was up 2.3 percent over the past 24 hours. Coinbase gained nearly 25 percent.
Science
India launches an unmanned spacecraft to land on Moon
India launched a rocket carrying an unmanned spacecraft to land on the Moon, its second attempt to do so as...
- "Chandrayaan-3... has begun its journey to the Moon. Health of the spacecraft is normal," the Indian Space Research Organization said on Twitter.
- The world's most populous nation has a comparatively low-budget aerospace program that is rapidly closing in on the milestones set by global space powers.
Geostrategy
UN says over 165m people fell into poverty in 3 years of crisis
UNITED NATIONS - The COVID-19 pandemic, the cost-of-living crisis and the war in Ukraine have pushed 165 million people into...
- The COVID-19 pandemic, the cost-of-living crisis and the war in Ukraine have pushed 165 million people into poverty since 2020, the UN said.
- Because of these shocks, the United Nations has called for a pause in debt repayments for developing countries.
Business
Burberry sales jump on China boost
Group sales grew 18 percent to $772 million in its Q1.
- The performance was buoyed by a 46-percent surge in Chinese purchases of items including Burberry's handbags and famed trench coats.
- Despite the upbeat trading update, Burberry's share price dipped 0.2 percent to £21 on the rising London stock market.
Geostrategy
Sudan summit pleads for peace as UN reports mass grave in Darfur
Amid reports of a mass grave having been found in the country's Darfur region, the African leaders summit exhorted an...
- The war between rival generals in Sudan has left nearly 3,000 people dead and millions homeless
- Many of Sudan's neighbors fear a spillover of the conflict into their countries, escalating the crisis
Geostrategy
Egypt, Ethiopia to finalize deal on Nile dam in four months
The two countries resolved to finalize a deal over Ethiopia's big dam on the Blue Nile in four months, a...
- The two leaders, according to a joint statement, "discussed ways of overcoming the current stalemate in negotiations"
- Egypt sees the dam as an existential threat as it depends on the Nile for 97 percent of its water requirements
Business
ExxonMobil to buy Denbury
ExxonMobil will acquire Denbury for $4.9 billion.
- The all-stock acquisition provides ExxonMobil with Denbury's carbon dioxide pipeline network in Texas, Louisiana and Mississippi.
- Oil companies have championed carbon sequestration as a major response to climate change.
Arts & Culture
FIFA bars Saudi club Al-Nassr from admitting new recruits
LAUSANNE, SWITZERLAND - Cristiano Ronaldo's Saudi club Al-Nassr are banned from registering new players until unpaid debts are settled, FIFA said...
- The team "is currently prevented from registering new players due to outstanding debts", a FIFA spokesperson said.
- "The relevant bans will be lifted immediately upon the settlement of the debts being confirmed by the creditors concerned", the spokesperson added.
Arts & Culture
Sweltering heat leaves Gulf residents at risk during noon
DUBAI, UAE- As much of the world swelters in record temperatures, spare a thought for Issam Genedi, who ekes out a...
- Apart from last week being identified as the hottest ever recorded worldwide, a wave of humidity has been suffocating the Gulf
- Two weeks ago, more than 1.8 million Muslims battled through a days-long hajj pilgrimage in Saudi Arabia in temperatures up to 48C (118F)
Geostrategy
Chinese hackers breach mail accounts of US agencies: Microsoft
Microsoft did not identify the targets but a US State Department spokesperson said the department had "detected anomalous activity" and...
- "The threat actor Microsoft links to this incident is an adversary based in China that Microsoft calls Storm-0558," the company said
- Microsoft said Storm-0558 gained access to email accounts at approximately 25 organizations including government agencies
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Trump issues ‘last warning’ to Hamas over hostages amid new proposal for ceasefire deal
"The Israelis have accepted my terms. It is time for Hamas to accept as well. I have warned Hamas about...
Geostrategy
Company News
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Saudi Arabia’s sports fund invests in DAZN streaming service
Paris, France - Saudi Arabian sports investment fund SURJ, linked to the kingdom's sovereign wealth fund, has acquired a minority stake...
Business
Cyprus and Egypt sign deal to process, export gas to Europe
Nicosia, Cyprus -- Cyprus and Egypt on Monday signed an agreement with an energy consortium to export gas from the Mediterranean...
Business
War-weary Gazans reel from ‘500 days of humiliation’
Gaza City, Palestinian Territories -- For 500 days since an unprecedented Hamas attack on Israel triggered the Gaza Strip's deadliest war,...
Geostrategy
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Geostrategy
Netanyahu and Rubio align on aggressive strategies toward Hamas and Iran in Jerusalem talks.
US Secretary of State Marco Rubio and Israeli Prime Minister Benjamin Netanyahu have pledged to "open the gates of hell"...
- The pledges came during a joint address to reporters in Jerusalem, where Rubio began his first Middle East trip as secretary of state in President Donald Trump's new administration
- "Hamas cannot continue as a military or a government force... they must be eliminated," Rubio said of the Palestinian group that fought Israel for more than 15 months
Geostrategy
Sisi discusses Middle East peace with World Jewish Congress chief
Cairo, Egypt -- Egyptian President Abdel Fattah al-Sisi told the head of the World Jewish Congress Ronald Lauder on Sunday that...
- During his meeting with Lauder in Cairo on Sunday, Sisi called for starting the reconstruction of war-battered Gaza "without displacing its residents from their land".
- "The establishment of a Palestinian state... is the only guarantee to achieve lasting peace," Sisi told Lauder on Sunday.
Geostrategy
BRICS summit planned for July in Rio, says current chair Brazil
Rio de Janeiro, Brazil - Leaders of the countries known as BRICS will hold a summit in Rio de Janeiro in...
- Brazilian Foreign Minister Mauro Vieira said that the summit will be held July 6-7 and feature leaders of 20 countries with full or associate status in the bloc
- The BRICS group has expanded significantly since its inception in 2009, and now includes countries such as Iran, Egypt and the United Arab Emirates