Trump reposts suggestion that Rubio become next Cuba leader
President Donald Trump reposted a social media message on Sunday suggesting that US Secretary of State Marco Rubio, born to Cuban...
Geostrategy
AI toys look for bright side after troubled start
Las Vegas, United States -- Toy makers at the Consumer Electronics Show were adamant about being careful to ensure that...
Business
Economy
Turkish authorities make further arrests in football betting scandal
The betting scandal in Turkish football deepened on Friday as 29 people, including 14 footballers, were arrested, the Istanbul public...
- Their arrests follow the incarceration of six referees and the president of top tier club Eyupspor at the beginning of November
- Amongst those arrested were a former president of Turkish giants Galatasaray, Erden Timur, the vice-president of Eyuspor
Geostrategy
Zelensky to meet Trump in Florida on Sunday for talks on how to end the Russian invasion
Ukrainian President Volodymyr Zelensky is to meet US President Donald Trump in Florida on Sunday for talks on how to...
- The meeting to discuss new peace proposals comes amidst Trump's intensified efforts to broker an agreement to end the conflict
- The latest plan is a 20-point proposal that would freeze the front line but open the door for Ukraine to pull back troops from the east
Geostrategy
China’s high-speed rail network passes 50,000km mark
Beijing, China -- China's sprawling high-speed rail network passed 50,000 kilometers (31,000 miles) in total operating distance with the opening...
- The country has the world's largest rail network -- one-fifth longer than the circumference of the earth.
- China's rail network has expanded by around 32 percent compared to 2020, state-owned China Railway added Friday in a statement.
Geostrategy
Yemen separatists say Saudi air strikes will not deter them
A Yemeni military official said around 15,000 Saudi-backed fighters were amassed near the Saudi border -- but were not given...
- There were no immediate reports of casualties in the air strikes, which came amid a dramatic escalation in the decade-long conflict.
- The strikes came as a Yemeni government official in Riyadh told AFP that Saudi may be considering military action against the separatists if talks fail.
Economy
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...
- Central bank chief Abdul Qadir al-Hasriya said that "January 1, 2026, is the start date for the replacement process" for the currency
- Hasriya said the move comes at a "pivotal national juncture that reflects the beginning of a new economic and monetary era"
Geostrategy
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...
- In their statement, the countries stressed such unilateral actions "violate international law" and risk undermining the ceasefire in Gaza
- They also reaffirmed their "unwavering commitment to a comprehensive, just and lasting peace based on the two-state solution."
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,...
- "These movements resulted in an unjustified escalation that harmed the interests of the Yemeni people with all of its segments," it added.
- The 11-year war in Yemen has pitted the Iran-backed rebels against the internationally-recognized government, backed by a Saudi-led coalition that includes the UAE.
Business
Nvidia expands AI empire with Groq talent grab
San Francisco, United States -- Nvidia has hired the leadership of a promising AI chip startup, a statement said Wednesday,...
- Under the agreement, Groq founder Jonathan Ross and president Sunny Madra, along with other team members, will join Nvidia to help develop and scale the Groq's technology.
- Nvidia's domination of the AI training chip market has made it the world's biggest company by market valuation.
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
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Trump reposts suggestion that Rubio become next Cuba leader
President Donald Trump reposted a social media message on Sunday suggesting that US Secretary of State Marco Rubio, born to Cuban...
Geostrategy
Company News
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Venezuela’s interim leader names commission to handle Maduro’s release
Venezuela's interim president Delcy Rodriguez on Sunday created a commission to seek the release of president Nicolas Maduro and his...
Geostrategy
Netanyahu says Israel won’t let Iran restore ballistic missile programme
Prime Minister Benjamin Netanyahu said Monday that Israel would not allow arch-foe Iran to restore its ballistic missile programme, just...
Geostrategy
Volatility grips oil market as nervous investors assess Venezuela
Having spiked in an initial reaction to the military operation to apprehend Nicolas Maduro in Caracas, oil prices quickly dropped...
Business
Most Read
Geostrategy
US to work with current Venezuela leaders if they make ‘right decision:’ Rubio
The United States is ready to work with Venezuela's remaining leaders if they make "the right decision," Secretary of State...
- "We're going to judge everything by what they do, and we're going to see what they do," Rubio told CBS News' "Face the Nation."
- US commandos snatched Maduro from a compound in Caracas on Saturday in a risky operation involving jets, helicopters, warships and ground troops
Geostrategy
The US and Venezuela’s vast oil reserves: key questions amid sanctions, geopolitics and energy
After a US military operation that seized Nicolas Maduro, President Donald Trump said he wants to allow American oil companies...
- The country has the largest proven reserves in the world, with 303.221 billion barrels, according to OPEC.
- Sanctions imposed in 2019 by Trump during his first term contributed to production plunging to a historic low of 350,000 b/d the following year.
Geostrategy
At least 80 Yemeni separatists killed in fighting, strikes since Friday
At least 152 members of the UAE-backed STC forces were wounded and 130 were taken captive, a military official from...
- Saudi-backed forces began on Friday operations to retake swathes of territory seized by the UAE-backed STC.
- Yemen's presidency on Saturday announced the retaking of resource-rich Hadramawt, following an apparent retreat of the STC.