TSMC says started mass production of ‘most advanced’ 2nm chips
Taipei, Taiwan -- Taiwanese tech titan TSMC has started mass producing its cutting-edge 2-nanometre semiconductor chips, the company said in...
Business
Saudi Arabia condemns ‘dangerous’ UAE moves in Yemen after striking shipment
Riyadh also backed a demand from Yemen's presidential council for Emirati forces to withdraw from the country within 24 hours,...
Geostrategy
Business
Famed Jerusalem stone still sells despite West Bank economic woes
Sair, Palestinian Territories - Despite the catastrophic state of the Palestinian economy, Faraj al-Atrash, operator of a quarry in the...
- The war in Gaza, triggered by Hamas's October 2023 attack on Israel, dealt a severe blow to a Palestinian economy that was already in poor shape
- Israel, which has occupied the West Bank since 1967, has recently set up hundreds of new checkpoints across the territory, paralysing commercial transport
Business
Netflix boss promises Warner Bros films would still be seen in cinemas
Netflix will continue to distribute Warner Bros. films in cinemas if its takeover bid for the storied studio is successful,...
- "We're going to continue to operate Warner Bros. studios independently and release the movies traditionally in cinema," chief executive Ted Sarandos said
- In early December, Netflix announced that it had reached an agreement with Warner Bros. Discovery (WBD) to acquire most of the group for $83 billion
Economy
US unemployment rises further, hovering at highest since 2021
A deteriorating jobs market could nudge the central bank to lower rates further to boost the economy, despite some policymakers'...
- The report underscoring a labor market cooldown in the world's biggest economy said the economy lost 105,000 jobs in October.
- Hiring picked up again in November to 64,000, but this was still a slower pace than before.
Geostrategy
First European Union airline flight in 35 years lands in Baghdad
Baghdad, Iraq -- Iraq's transport ministry said Tuesday that a flight operated by Greece's Aegean Airlines had been the first...
- European airlines have not operated direct flights to Baghdad International Airport for security reasons since the early 1990s, when Saddam Hussein invaded Kuwait.
- But, after decades of turmoil, Iraq has recently begun to regain a sense of stability and the government is striving to attract foreign investment to bolster the country's economy.
Geostrategy
Israeli army to demolish 25 residential buildings in West Bank camp: local authorities
The Israeli army is to demolish 25 residential buildings in the north West Bank's Nur Shams refugee camp later this...
- In early 2025, Israel's military launched an operation it says is aimed at rooting out Palestinian armed groups from refugee camps
- During the operation, Israel has destroyed hundreds of houses in the dense network of alleys that make up the refugee camps
Geostrategy
Ukraine hails ‘real progress’ in Zelensky’s talks with US envoys to end the war with Russia
Kyiv's negotiator Rustem Umerov wrote on social media that the marathon diplomacy in the German capital had been "constructive and...
- Ukraine hopes to convince Washington that a ceasefire must be agreed without prior territorial concessions to Russia
- Trump has pushed strongly for an end to the war but an initial 28-point plan last month was seen as favouring Moscow's position
Economy
Deja vu? Trump accused of economic denial and physical decline
Washington, United States -- An aging president faces poor poll numbers and suspicions about his health but insists that America...
- According to a poll by the University of Chicago for the Associated Press, published Thursday, only 31 percent of Americans are satisfied with Trump's economic policy.
- Like his predecessor, Trump today is trying to steer some of consumers' discontent toward big corporations suspected of inflating prices.
Geostrategy
Hamas says weapons are ‘legitimate right’, open to proposals that preserve it
"Resistance and its weapons are a legitimate right guaranteed by international law and are linked to the establishment of a...
- "We are open to studying any proposals that preserve this right while guaranteeing the establishment of a Palestinian state."
- The US-sponsored ceasefire, in effect since October 10, remains fragile as Israel and Hamas accuse each other almost daily of violations.
Geostrategy
Gunmen kill 11 at Jewish festival on Australia’s Bondi Beach, one of the biggest tourist draws
Police declared the shooting a "terrorist incident" and said they had found suspected "improvised explosive devices" in a vehicle near...
- The shooting took place during an anncual "Hanukkah by the Sea" event at Bondi Beach which police said was attended by over a thousand people
- Prime Minister Benjamin Netanyahu accused Australia's government of having fuelled anti-Jewish sentiment in the period leading up to the shooting
Economy
Algeria include son of Zinedine Zidane in AFCON squad
Goalkeeper Luca Zidane, a son of France football icon Zinedine Zidane, was named on Saturday in the Algeria squad for the...
- The 27-year-old plays for Spanish second-tier club Granada and represented France at youth level before switching his international allegiance to Algeria
- "I'm sure the players will arrive highly motivated and ready to play in this AFCON," said Algeria coach and former Switzerland coach Vladimir Petkovic after announcing the squad
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TSMC says started mass production of ‘most advanced’ 2nm chips
Taipei, Taiwan -- Taiwanese tech titan TSMC has started mass producing its cutting-edge 2-nanometre semiconductor chips, the company said in...
Business
Company News
Latest News
Syria to start replacing currency from Jan 1: central bank chief
Syria's central bank chief said Thursday that the country's currency would start to be replaced with a revamped version from...
Economy
14 countries condemn Israel’s expansion of West Bank settlements, say actions ‘violate international law’
Fourteen countries, including France, Britain, and Germany, condemned on Wednesday Israel's recent approval of new Jewish settlements in the occupied...
Geostrategy
Saudi Arabia urges Yemen separatists to cede seized territory
The Kingdom said the military movements in the governorates of (Hadramawt and Al-Mahra), recently conducted by the Southern Transitional Council,...
Geostrategy
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Geostrategy
Iran Guards seize foreign-crewed oil tanker in Gulf: state media
Iran's Revolutionary Guards on Wednesday seized an oil tanker in the Gulf carrying more than a dozen foreign crew members,...
- Iranian forces regularly announce the interception of ships it says are illegally transporting fuel in the Gulf
- They regularly target tankers that Tehran accuses of being part of the illicit trade in the Strait of Hormuz
Geostrategy
Israel to invest $110 billion over the next decade to develop its own independent arms industry
Prime Minister Benjamin Netanyahu said Wednesday that Israel would invest $110 billion over the next decade to develop its own...
- In a controversial speech, Netanyahu said Israel was becoming increasingly isolated and had to adopt a "super-Sparta" approach
- In 2026, Israel will allocate about 16 percent of its public budget to defence -- around $35 billion out of an overall budget of $208 billion
Geostrategy
Libyans united in grief for army chief killed in plane crash
General Mohammed al-Haddad and his four aides died on Tuesday after a visit to Ankara, with Turkish officials saying an...
- "It will be hard to find a man of his calibre," Nasreddine al-Maghribi told AFP at a cafe in Libyan capital Tripoli.
- Until a successor is selected, Haddad's deputy, General Salaheddine al-Namroush, will stand in for him, according to the presidential council.