Chinese cluster now world’s top innovation hotspot: UN
Geneva, Switzerland -- Shenzhen-Hong Kong-Guangzhou has overtaken Tokyo-Yokohama to become the world's top cluster for innovation, the United Nations said...
Business
Director Jarmusch ‘disconcerted’ over Mubi’s links to Israel military
Venice, Italy -- American director Jim Jarmusch said Sunday he was "disappointed" that arthouse film streaming platform Mubi had accepted...
Geostrategy
Musk secures approval for direct brain-computer interface technology
Neuralink said clearance from the US Food and Drug Administration (FDA) for its first in-human clinical study is "an important...
- The aim of Neuralink implants is to enable human brains to communicate directly with computers, the Tesla boss said
- Elon Musk said the company would try to use the implants to restore vision and mobility in humans who had lost such abilities
Russia sending nuclear arms to Belarus, ratcheting up tensions with the West
"The transfer of nuclear munitions has begun," Lukashenko told reporters during a visit to Moscow to meet with President Vladimir...
- Lukashenko has allowed his territory, which borders Ukraine, EU and NATO members Poland and Lithuania, to serve as a staging ground for Russian invasion
- In March, Putin said he would station "tactical" nuclear weapons - in effect short-range atomic missiles - in Belarus, drawing condemnation from the West
Economy
Crypto experts leave US over obstructive regulations
DOHA, QATAR- Thousands of cryptocurrency industry developers have left the United States because of its negative stance towards the sector,...
- Regulators in the US have taken a tough line because of fears of money laundering and scams such as the FTX collapse.
- Other countries had been "very constructive" over regulation and attracted "a huge amount of talent," said Smith, CEO of blockchain.com
Business
Qatari owners of Paris Saint-Germain in talks over Sampdoria investment
Paris, France - Qatar Sports Investments, the owners of French champions Paris Saint-Germain, are in negotiations over acquiring a stake in...
- Qatar Sports Investments has owned the French club since 2011, transforming a struggling outfit into one of the most powerful in Europe.
- QSI is hoping to acquire a "minority stake" in Sampdoria, the club from the Mediterranean port city of Genoa
Economy
US first quarter growth slightly higher than expected
Washington, United States - US economic output increased by more than previously thought in the first quarter of this year, the...
- The US economy has cooled this year as the impact of multiple rounds of interest-rate hikes to tackle inflation begins to be felt.
- GDP growth in the first quarter was revised up slightly to 1.3 percent, the Commerce Department announced in a statement.
Geostrategy
Cargo ship grounded for a short while in Egypt’s Suez Canal
ISMAILIA, EGYPT - A cargo ship ran aground on Thursday in Egypt's Suez Canal before it was quickly refloated without interrupting...
- Hong Kong-flagged Xin Hai Tong 23 bulk carrier was refloated after "a sudden malfunction of the machinery".
- The Suez Canal Authority said three tugboats and a marine rescue team were sent to refloat the vessel.
Geostrategy
Sudan refugees tread difficult path on way to safety in Egypt
Sudanese who cross into Egypt's south must then buy a bus ticket to take them to the nearest major city,...
- Cairo refuses to set up refugee camps for Sudanese and instead says the new arrivals are given the right to work and move freely
- Egyptian President Abdel Fattah al-Sisi has repeatedly said that his country is hosting "not war refugees" but "guests"
Duchess of Edinburgh makes a rare visit to Iraq
The Iraqi presidency said the duchess delivered a written message from King Charles III -- who had himself visited Iraq...
- Sophie, Duchess of Edinburgh, spent two days in Baghdad, where she met President Abdul Latif Rashid and his wife Shanaz Ibrahim Ahmed, the Iraqi presidency said
- The duchess delivered a speech at a conference on women's rights organised by the British embassy in Baghdad, during which she met representatives of women's rights groups
Economy
Investment in solar power to overtake oil first time this year: IEA
The International Energy Agency (IEA) said that while the increasing investment in solar power is a welcome development. but investment...
- Annual investment in clean energy is expected to have risen by 24 percent from 2021 to more than $1.7 trillion in 2023, according to the International Energy Agency
- The IEA expects investment in solar power, essentially photovoltaic panels, to hit $380 billion this year while investment in oil exploration and extraction to hit $370 billion
Saudi Arabia, Canada to restore full diplomatic ties following 2018 rift
On Wednesday, Canadian Foreign Minister Melanie Joly said the two countries will "appoint new ambassadors". A Canadian foreign ministry statement named...
- The decision of restoring diplomatic ties came after talks last year between Saudi Crown Prince and Canadian PM on the sidelines of the summit of APEC Forum in Bangkok
- The reconciliation was based on "the desire for both sides to restore diplomatic relations between the two countries on the basis of mutual respect and common interests."
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Chinese cluster now world’s top innovation hotspot: UN
Geneva, Switzerland -- Shenzhen-Hong Kong-Guangzhou has overtaken Tokyo-Yokohama to become the world's top cluster for innovation, the United Nations said...
Business
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Saudi fashionistas attempt beach rebrand
Arts & Culture
Okonjo-Iweala’s second term: Trump’s disdain for WTO biggest challenge
Ngozi Okonjo-Iweala, the first woman and the first African to head the WTO, is the only candidate in the race,...
Geostrategy
Crypto boss Justin Sun eats banana art he bought for $6.2 million
Hong Kong, China -- Crypto entrepreneur Justin Sun on Friday fulfilled a promise he made after spending $6.2 million on an...
Arts & Culture
Saudi Arabia hosts UN talks on drought, desertification
Riyadh, Saudi Arabia - Saudi Arabia will host the COP16 UN conference on land degradation and desertification next week as the...
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Geostrategy
How are countries regulating the wild west of social media for minors?
Paris, France -- A handful of nations are trying to clean up social media with measures including robust privacy provisions and...
- Among the countries taking action is Australia, which on Thursday passed a landmark law banning children under 16 from social media.
- In June 2023 France passed a law requiring social media platforms to check the age of users and obtain parental consent for those under 15 years of age.
Geostrategy
OPEC+ postpones meeting amid signs of ‘discord’ on output plans
The 22-member OPEC+ group led by Saudi Arabia and Russia was due to decide on its 2025 output policy at...
- An OPEC spokesman told AFP that the December meeting will be held online.
- In a bid to boost crude prices, eight OPEC+ members announced earlier this month they were extending supply cuts until the end of December.
Geostrategy
Iran says may end nuclear arms ban if sanctions reimposed
Iran is set to meet with Britain, France and Germany for talks on its nuclear program on Friday after the...
- Iran is set to meet with Britain, France and Germany for talks on its nuclear program on Friday
- For Tehran, the goal of the talks on Friday is to avoid a "double disaster" scenario