ICC issues arrest warrants for Netanyahu, Gallant, Deif
The court said it had found "reasonable grounds" to believe Netanyahu and Gallant bore "criminal responsibility" for war crimes
Geostrategy
US vetoes Gaza ceasefire call at UN
The resolution demanded "an immediate, unconditional and permanent ceasefire" in the war between Israel and the Palestinian group, along with...
Geostrategy
Business
Saudi Aramco’s quarterly profit drops 15% on low oil prices
Riyadh, Saudi Arabia -- Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third-quarter profit on Tuesday, citing prices...
- The fall in net income to $27.56bn from $32.58bn in 2023 is the seventh consecutive quarterly drop for Aramco, one of the world's biggest companies by market capitalization.
- Aramco is the chief source of revenue for Crown Prince Mohammed bin Salman's Vision 2030 reform agenda, which aims to remodel the Gulf kingdom's crude-reliant economy.
Economy
Most Asian markets rise ahead of toss-up US election
Asian markets mostly rose Tuesday a day before results from the US presidential election rolled in, with opinion polls showing...
- Uncertainty about the outcome led to warnings that investors could be in for a period of volatility
- Wall Street's three main indexes ended in the red
Economy
Eight OPEC+ members extend oil supply cuts until year end
Supply cuts seek boosting oil prices amid uncertain demand and accelerating supply, with an eye on the imminent US presidential...
- Persistent downside pressure on oil prices due to sluggish Chinese and weakening global demand outlook
- "The US presidential election will have a significant impact on the oil market"- Analyst with Rystad Energy
Geostrategy
Israel escalates strikes in Lebanon, Gaza as Netanyahu visits Northern Border, and Hezbollah claims missile attack
Israel intensifies airstrikes across Lebanon and Gaza, escalating cross-border violence as Netanyahu urges troops to push Hezbollah back and prevent...
- Netanyahu's visit came after an air strike killed at least three people near the southern Lebanon city of Sidon,, and as more bombs hit the country's east
- Iran's President Masoud Pezeshkian on Sunday said a potential ceasefire with its allies Hamas and Hezbollah "could affect the intensity and type of our response."
Geostrategy
B-52 bombers arrive in Middle East: US military
Washington, United States -- American B-52 bombers have arrived in the Middle East, the US military said Saturday, a day after...
- "B-52 Stratofortress strategic bombers from Minot Air Force Base's 5th Bomb Wing arrived in the US Central Command area of responsibility," the military said.
- The United States announced on Friday evening that it was sending the bombers, fighter and tanker aircraft and ballistic missile defense destroyers to the Middle East.
Geostrategy
Pro-Palestinian protesters take Israel sculptures from UK university
London, United Kingdom -- A pro-Palestinian group took two sculptures of Israel's first president from a UK university in a protest marking...
- "Today, Palestine Action have marked 107 years since the Balfour Declaration, by taking two sculptures of Israel's first president, Chaim Weizmann," the protest group said.
- Palestine Action also sprayed the London office of charity Jewish National Fund (JNF) with red paint.
Geostrategy
Lebanon accuses Israel of truce rejection after deadly Beirut strikes and growing Gaza crisis
A US-brokered plan reportedly under consideration would see Hezbollah pull back 30 kilometres (20 miles) from the border, north of...
- The strikes on Lebanon came a day after Israeli Prime Minister Benjamin Netanyahu met US officials to discuss a possible deal to end the war against Hezbollah
- In Gaza, where Israel has been engaged in a major offensive in the north for nearly a month, a Hamas official said the Palestinian group had rejected short-term truce
Geostrategy
Israel, US envoys discuss possible ceasefire amid rising casualties in Lebanon conflict
With US mediation, a ceasefire proposal emerges for both Gaza and Lebanon, balancing Israel's security demands and Lebanon’s need for...
- Netanyahu told Washington envoys Amos Hochstein and Brett McGurk that any Lebanon deal must guarantee Israel's longer term security
- More than a month into its war with Israel, Hezbollah says it is ready for a truce, but there are limits to what it can accept after suffering devastating attacks
Geostrategy
Saudi, US FM says could move ‘quite quickly’ on some deals with US
Since last year Saudi Arabia has been bargaining hard for a defense pact with the United States as well as...
- Crown Prince Mohammed bin Salman last month ruled out recognizing Israel without the establishment of a Palestinian state.
- Foreign Minister Prince Faisal bin Farhan reiterated that normalization was "off the table until we have a resolution to Palestinian statehood".
New Hezbollah leader signals ceasefire openness, but Israel demands Hezbollah withdrawal, border security
Israel’s security cabinet discussed terms, including Hezbollah’s withdrawal north of the Litani River and Lebanese army deployment along the border...
- Naim Qassem's statement came as Israel's security cabinet met to discuss a possible truce, but also as Israel attacked the eastern Lebanese city of Baalbek
- According to Israel's Channel 12, Prime Minister Benjamin Netanyahu met ministers late Tuesday to discuss Israel's demands in return for a 60-day truce
ICC issues arrest warrants for Netanyahu, Gallant, Deif
The court said it had found "reasonable grounds" to believe Netanyahu and Gallant bore "criminal responsibility" for war crimes
Geostrategy
Company News
Latest News
Xi, Biden in Peru for APEC summit, pre-Trump face-to-face
uncertainty over Trump's next moves now clouds the APEC agenda -- as it does for the COP29 climate talks underway...
TikTok makes AI driven ad tool available globally
San Francisco, United States - TikTok on Thursday began letting all marketers on its platform use an artificial intelligence-powered tool for...
Business
Lebanon economic losses top $5 billion in year of clashes: World Bank
Beirut, Lebanon -- More than a year of clashes that recently escalated into war have cost Lebanon more than $5 billion...
Geostrategy
Most Read
Geostrategy
Nations far apart in COP29 climate finance talks
According to the latest draft of the long-sought climate finance pact, most developing countries favor an annual commitment from wealthy...
- A new agreement to boost money for climate action in developing countries is the top priority
- COP29 runs until November 22 but climate talks often run into overtime
Geostrategy
UN nuclear chief heads to Iran for crucial talks
International Atomic Energy Agency chief Rafael Grossi is set to visit Tehran on Wednesday for crucial talks on Iran's nuclear...
- Israel has warned Iran it was "more exposed than ever" to strikes on its nuclear facilities
- Tehran has deactivated surveillance devices needed to monitor the nuclear program
Saudi Arabia appoints new CEO to drive NEOM’s mega-city project forward
In a big move, Saudi Arabia appoints Aiman al-Mudaifer as NEOM’s interim CEO, a strategic choice to advance the futuristic...
- The company said that Mudaifer brought with him a "deep and strategic understanding of NEOM" after serving as head of a property arm of the Saudi sovereign wealth fund since 2018
- NEOM is a planned futuristic megacity in northwestern Saudi Arabia meant to feature a ski resort and twin skyscrapers 170 kilometres (105 miles) long