Gaza mother hopes Venice film about final moments of slain child helps end war
The mother of Hind Rajab, a five-year-old Palestinian girl killed by Israeli forces in Gaza, hopes that a film about...
Geostrategy
Gold glitters to new high as Asia stocks mixed
Gold climbed to a new record Tuesday as investors sought out safe havens, while Japan's Nikkei and the Hang Seng...
Economy
Geostrategy
Blinken urges Saudi-Israel normalcy, pledges no nukes for Iran
"The United States has a real national security interest in promoting normalization between Israel and Saudi Arabia. We believe we can...
- Blinken said the Biden administration has "no illusions" that bringing about a full Saudi-Israel normalization can be done quickly or easily.
- "Integration and normalization efforts are not a substitute for progress between Israelis and Palestinians, and they should not come at its expense," he said.
Economy
Europe still under inflationary pressure, says ECB head
European Central Bank president Christine Lagarde said that a closely watched measure of eurozone inflation does not appear to have...
- Headline inflation for the 20 countries that use the euro dipped more than expected to 6.1 percent, from 7.0 percent the previous month.
- Underlying -- or core -- inflation, which strips out volatile energy, food, alcohol and tobacco prices -- came in at 5.3 percent in May.
Business
Twitter ‘chose confrontation’ over EU disinformation code
The European Commission announced May 27 that Twitter had decided to leave the code of practice, to which other major...
- "We believe this is a mistake of Twitter. Twitter has chosen the hard way. They chose confrontation," commissioner Vera Jourova said.
- She said Twitter's compliance with the new Digital Services Act (DSA) entering force on August 25 "will be scrutinized... vigorously and urgently".
Business
Only one of its kind wooden Citroen 2CV sells for $225,000
Carpenter Michel Robillard crafted the wooden 2CV's wings out of walnut and its chassis from pear and apple tree wood,...
- The previous high for a 2CV was set in 2016, when an extremely rare 1961 2CV Sahara in almost mint condition was sold for 172,800 euros by Paris-based auction house Artcurial.
- Robillard's model is equipped with an original engine from Citroen's later 3CV model, giving it the extra power needed to propel the naturally heavier wooden structure.
Geostrategy
US, India agree on defense industry cooperation plan
The United States and India agreed a roadmap for military industrial cooperation, as New Delhi seeks to reduce its reliance...
- Moscow and New Delhi have been allies for decades, with Russia by far India's biggest arms supplier.
- India is looking to diversify, both by broadening its sources of imports and ramping up domestic production.
Geostrategy
Iran says will reopen embassy in Saudi Arabia on Tuesday
Iran is set to reopen its embassy in Saudi Arabia on Tuesday following a seven year closure, Tehran and a...
- Iran's diplomatic mission will return under the leadership of Alireza Enayati, who previously served as the ambassador to Kuwait.
- Saudi Arabia has yet to confirm when it will reopen its embassy in Tehran or its pick for ambassador.
Business
Airlines to fly 4.35bn passengers this year, says industry group
ISTANBUL, TURKEY - Airlines will fly 4.35 billion passengers this year, close to the 2019 record as the industry bounces back...
- The sector will also be back in the green, with net profits forecast to reach $9.8 billion in 2023.
- The association said that its 2022 losses were half as bad as previously estimated at US$3.6 billion.
Economy
Turkish inflation dips under 40% for first time in 16 months
Consumer prices rose by 39.6 percent on an annual basis and were almost stable, at 0.04 percent, compared to the...
- The latter say annual inflation stands at between 105 and 109 percent, depending on whether or not the free gas offer is taken into account.
- Erdogan, who is starting a third term in office, has said tackling inflation is a top priority. It exceeded 85 percent in autumn 2022 before starting to slow in Nov.
Modric, Lloris among ‘more than 10’ Saudi targets, besides Messi and Benzema: source
Saudi authorities are "in contact with more than 10 players, many of them won the World Cup or the Champions...
- Sergio Ramos, Jordi Alba, Sergio Busquets, N'Golo Kante, Angel Di Maria and Roberto Firmino are also among the World Cup and Champions League winners being lined up
- The latest information comes as Saudi officials are in Paris and Madrid to try to wrap up deals with Messi and Benzema respectively, according to sources and reports
Economy
Saudi Arabia’s Al Hilal to sign football star Messi in mega-deal
Al Hilal football club officials are in Paris to seal a mega-deal with Lionel Messi, who is leaving Qatar-owned Paris-Saint...
- According to Saudi media reports, French striker Karim Benzema, who is departing Real Madrid, has signed with Jeddah-based Al-Ittihad
- The kingdom, the world's biggest oil exporter, has poured hundreds of million into sports deals including Ronald's signing and Formula One
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Gaza mother hopes Venice film about final moments of slain child helps end war
The mother of Hind Rajab, a five-year-old Palestinian girl killed by Israeli forces in Gaza, hopes that a film about...
Geostrategy
Company News
Latest News
Turkey confirms Syria talks with Russia and Iran
A meeting was expected on the forum's sidelines between Turkey, and Damascus allies Iran and Russia.
Geostrategy
World Bank announces record $100 bn support for world’s poorest countries
The World Bank announced Thursday that it had raised close to $24 billion to provide loans and grants for some...
Qatar resumes Gaza mediation: source with knowledge of talks
Doha, Qatar - Qatar has resumed its role as a mediator in efforts to secure a truce in the Israel-Hamas war...
Most Read
Business
Bitcoin passes $100,000 mark for first time, outshining wavering stock markets
Donald Trump, who has vowed to make the US the 'bitcoin and cryptocurrency capital of the world' wrote 'Congratulations Bitcoiners...You're...
- The digital asset has now soared more than 50 percent since the election of Donald Trump, who has vowed to make the US the "bitcoin and cryptocurrency capital of the world."
- The historic level was broken after Trump picked crypto proponent Paul Atkins to take over as chair of the Securities and Exchange Commission, the markets regulator.
South Korean president clings to power after martial law U-turn
South Korean President Yoon Suk Yeol was still clinging to power Thursday, with his party announcing they will oppose an...
- South Korean police announced Thursday they were investigating Yoon for "insurrection"
- A new poll by Realmeter showed 73.6 percent of respondents supported impeachment
OPEC+ expected to extend oil supply cuts to avoid drop in prices
Without a new agreement, the eight countries which have been making voluntary additional production cuts of 2.2 million barrels per...
- The supply cuts are only having a muted impact on the market, with US president-elect Donald Trump expected to adopt policies to boost US oil output
- OPEC+ nations are holding back six million barrels of oil a day, including the 2.2 million barrels a day of output that they have been discussing putting back on the market