Egypt to access $1.2 billion in funding after deal with IMF
Washington, United States -- The International Monetary Fund said Tuesday that it has reached a deal with Egyptian authorities allowing the...
Economy
Musk’s AI startup raises $6bn more, Saudi and Qatari funds among investors
Paris, France -- Billionaire tech mogul Elon Musk's startup xAI said it had raised $6 billion from investors in its latest...
Business
Geostrategy
Iraqi armed groups say ready to fight Israel if Lebanon war breaks out
Baghdad, Iraq - As war rages in Gaza and threatens to spread to Lebanon, Iraqi militant groups warn they are ready...
- A field commander of the Islamic Resistance in Iraq said there would be "escalation for escalation" in the event of a full-scale war in Lebanon
- The commander, speaking to AFP on condition of anonymity, said the Iran-backed group had already sent "experts and advisors" to Lebanon
Geostrategy
Syrian-based armed Iraqi groups ready to fight Israel to support Lebanon if war breaks out
As war rages in Gaza and threatens to spread to Lebanon, Iraqi militant groups warn they are ready to enter...
- Pro-Iran armed groups so-called "Axis of Resistance" is an alliance that includes Lebanon's Hezbollah and Yemen's Huthi rebels
- In late January, a drone strike launched by Iraqi armed groups killed three US soldiers across the border in Jordan
Geostrategy
Pro-Palestinian group scales Australia’s parliament
Sydney, Australia - Protesters scaled Australia's national parliament on Thursday, unfurling banners reading "Palestine will be free", and accusing Prime Minister...
- The protest follows recent divisions within the Labor government, which suspended a Muslim senator who voted in favour of Australia recognizing a Palestinian state
- Senator Fatima Payman said she had been "exiled" after supporting the parliamentary motion - put forward by the Greens party - in defiance of government policy
Geostrategy
Heavy fighting rocks Gaza as thousands are on the move again
The United Nations warned that the almost nine-month-old war had "unleashed a maelstrom of human misery."
- The UN agency supporting Palestinian refugees said 250,000 people had been impacted by the latest evacuation order
- The war has now displaced 80 percent of Gaza's population
Science
Dubai-based rowers brave Arctic this July to highlight plastics pollution
At an indoor pool in Dubai, three rowers battle artificial rain and simulated waves as they train for an Arctic...
- They plan to row for three weeks aboard an eight-meter boat flying the UAE flag, with no sail or engine
- The United Nations says plastics account for 85 percent of all marine trash
Business
Tesla auto deliveries beat expectations
Electric carmaker Tesla saw its shares surge on Tuesday.
- Tesla said it delivered around 444,000 vehicles worldwide in the April-June period, exceeding consensus estimates compiled by FactSet
- Of the total figure, 422,405 involved Model 3 and Model Y vehicles. Tesla gave no detailed breakdown of the other autos delivered
Geostrategy
Israel will not allow ‘winds of defeatism’ in Hamas war: Netanyahu
After a visit to troops on Monday, he said: "I saw very considerable achievements in the fighting being carried in...
- After the October 7 attacks by Hamas, Netanyahu's right-wing government vowed to destroy Hamas and return all hostages seized during the deadly incursion by the Palestinian group
- Netanyahu made his new vow of victory after the New York Times quoted sources as saying Israel was ready to make a deal without reaching all its goals
Geostrategy
80 percent of Gazans now displaced: UN humanitarian coordinator
United Nations, United States --The UN humanitarian coordinator for Gaza said Tuesday that 1.9 million people -- 80 percent of the...
- UN estimated that up to 250,000 people are impacted by the Israeli military order for civilians to leave Al-Qarara, Bani Suhaila and other localities in Khan Yunis.
- ""Palestinian civilians in Gaza have been plunged into an abyss of suffering. Their homes life shattered, their lives upended," said UN humanitarian coordinator Sigrid Kaag.
Business
Tesla Q2 auto deliveries surge
Deliveries still 4.7 percent down from a year ago.
- Tesla said it delivered around 444,000 vehicles worldwide in the April-June period, exceeding consensus estimates compiled by FactSet and sending its share price up around 9%.
- Of the total figure, 422,405 involved Model 3 and Model Y vehicles. Tesla gave no detailed breakdown of the other autos delivered.
First Palestinian Olympic boxer fights hurdles before history
Beitunia, Palestinian Territories - Every morning Palestinian boxer Waseem Abu Sal checks texts from his Cairo-based coach -- a Gazan who...
- The 20-year-old Waseem Abu Sal will be the first Palestinian boxer to participate in the Olympics after he bagged a wildcard spot
- Abu Sal will take on his first Olympic fight on July 28 after training routine with his remote coach Ahmad Harara who is held back by Israeli travel restrictions
Egypt to access $1.2 billion in funding after deal with IMF
Washington, United States -- The International Monetary Fund said Tuesday that it has reached a deal with Egyptian authorities allowing the...
Economy
Company News
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With Trump’s presidency, expect pro-Israel policies to replace Biden’s nuanced approach in Middle East relations
Trump’s return could shift US policy on Israel, with his Republican Party's pro-Israel stance and his preference for "America First"...
Geostrategy
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
Most Read
HRW accuses Israel of ‘war crime’ with ‘forcible transfer’ in Gaza
Human Rights Watch said in a report released Thursday that Israel's repeated evacuation orders in Gaza amount to the "war...
- "Israel's actions appear to also meet the definition of ethnic cleansing"- HRW
- 1.9 million Palestinians were displaced in Gaza as of October 2024
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