Tunisia’s Jaouadi pushes through pain for second world gold
Singapore, Singapore -- Tunisia's Ahmed Jaouadi added the 1,500m freestyle world title to his 800m crown on Sunday for a...
Arts & Culture
Eight OPEC+ countries raise production by 547,000 bpd to regain market share
Iraq, United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman, along with the Saudis and Russians currently produce about 41-42 mbd.
Geostrategy
Economy
UNHCR chief urges world to help Lebanon’s most vulnerable
Appealing to the international community to help the country as it faces 'one of its hardest moments', UNHCR chief said...
- Hundreds of thousands of Syrians fled to Lebanon after the country's civil war began in 2011 with the brutal suppression of anti-regime protests
- UNHCR chief Filippo Grandi met with officials including caretaker PM Najib Mikati to discuss how to better support vulnerable Lebanese and refugees
Geostrategy
Israel launches air strikes at Gaza after rocket fired from enclave
Gaza City, Palestinian Territories— The Israeli air force said it had carried out overnight air strikes against sites of the Islamist...
- The army said a few hours later it had targeted a Hamas military post in response to fire from the Gaza Strip against Israeli warplanes
- A surge in bloodshed in the occupied West Bank has sparked international criticism of the Israeli army for its use of lethal force against Palestinian civilians
Geostrategy
Iran begins work on new nuclear power plant
With talks suspended over a nuclear deal between Iran and the Western countries, Islamic Republic has begun the construction of...
- Under a landmark deal struck in 2015, Iran agreed to mothball its Fordo nuclear plant and limit its enrichment of uranium to 3.67 percent
- But the deal crumbled in 2018 when then US president Donald Trump pulled Washington out of the agreement and reimposed crippling economic sanctions
Geostrategy
Kremlin rejects $60 oil cap Ukraine says will ‘destroy Russia’s economy’
The $60 oil price cap will come into effect on Monday or soon after, alongside an EU embargo on maritime...
- The $60 oil price cap will come into effect on Monday or soon after, alongside an EU embargo on maritime deliveries of Russian crude oil.
- The embargo will prevent seaborne shipments of Russian crude to the European Union, which account for two thirds of the bloc's oil imports.
Geostrategy
Iran reviewing mandatory headscarf law: ‘Results in a week or two’
The Union of Islamic Iran People Party, formed by relatives of former reformist president Mohammad Khatami, on Saturday demanded the...
- The hijab headscarf became obligatory for all women in Iran in April 1983, four years after the Islamic Revolution that overthrew the US-backed monarchy.
- Protests have swept Iran since the Sept. 16 death in custody of Mahsa Amini, an Iranian of Kurdish origin arrested by the morality police for allegedly flouting the dress code.
ABB to pay US$315m fine
Two affiliates of ABB pleaded guilty to bribery charges.
- Two affiliates of ABB each pleaded guilty to one count of conspiracy to violate the US Foreign Corrupt Practices Act
- In October eight people, including former Eskom CEO Matshela Koko, were arrested on corruption charges linked to the ABB work.
Business
Guyana sells $750 mn of carbon credit to US oil firm Hess
Guyana, with 800,000 inhabitants, is already the country with the most reserves per capita in the world -- over 10...
- Hess is one of three partners, along with the China National Offshore Oil Corporation and ExxonMobil, operating in Stabroek oil field off Guyana that is 89 percent virgin forest.
- President Irfaan Ali said Guyana has 18m hectares of the country's forest still intact and that it is storing 19.5 gigatons of carbon, worth an estimated $40-$50bn a year.
US Jews battle new ‘mainstreamed’ anti-Semitism
One day after hip-hop and fashion mogul Kanye West voiced a "love" for Nazis and 10 days after ex-president Donald...
- Experts said the most recent controversies underscore a difficult new-generation fight against bigoted memes and conspiracy theories about Jews
- Some of the new anti-Semitism has been propelled through Trump's MAGA movement and the parallel QAnon conspiracy community
Business
US says solar firms evading tariffs on China-made goods
Washington, United States—The US Commerce Department on Friday accused several solar companies of evading American tariffs on imports of China-made components,...
- The US Commerce Department has been investigating claims that certain manufacturers of solar cells and modules went around antidumping and countervailing duties on China
- The department will conduct audits, and involved parties will be able to comment on the findings
Geostrategy
US warns Turkey against disrupting its military operation in Syria
While acknowledging Ankara's security concerns in northeast Syria, the US has warned Turkey not to create impediments in its operations...
- White House National Security Council spokesman John Kirby said that while "Turkey does have a right to defend itself," the operations carry a heavy risk
- He noted that the "strategic level" of cooperation with SDF forces was not in danger
Most Read
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
Tunisia’s Jaouadi pushes through pain for second world gold
Singapore, Singapore -- Tunisia's Ahmed Jaouadi added the 1,500m freestyle world title to his 800m crown on Sunday for a...
Arts & Culture
Company News
Nvidia profit soars to US$12.3bn
Business
Latest News
IATA urges Pakistan, Bangladesh to release blocked airline funds
The International Air Transport Association on Tuesday urged Pakistan and Bangladesh to remove barriers to airlines repatriating ticket revenues after...
Business
More than half of Gaza structures destroyed or damaged: UN
Geneva, Switzerland -- Some 55 percent of all structures in the Gaza Strip have been destroyed, damaged or possibly damaged since...
Geostrategy
Oil prices fall as OPEC+ plans to unwind output cuts later this year
Oil prices slipped after Saudi-led OPEC and its Russian-led allies said Sunday they would maintain output levels but begin to...
Business
Most Read
Geostrategy
Trump warns jail time could be ‘breaking point’ for supporters
In an interview aired Sunday on Fox News, the former president and current Republican White House hopeful acknowledged the possibility...
- The warning will resonate in a country already concerned about the prospect of civil unrest and political harassment in the run-up to the November election
- Trump will now be running as a felon, and he has repeatedly refused to commit to accepting the result should he lose to President Joe Biden
Geostrategy
12 pro-regime fighters killed in Israeli strike near Syria’s Aleppo: NGO
The Syrian Ministry of Defence said in a statement that "after midnight... the Israeli enemy launched an air attack from...
- Israel has carried out hundreds of strikes on its northern neighbour since the outbreak of Syria's civil war, mainly targeting army positions and Iran-backed fighters
- While it rarely comments on individual strikes in Syria, Israel has repeatedly said it will not allow its arch-enemy Iran to expand its presence there
Geostrategy
Gaza mothers search for milk as malnutrition hits amid Israeli siege on aid
Deir El-Balah, Palestinian Territories -- Amira al-Taweel scoured pharmacies in northern Gaza for milk to feed her child but could not...
- At least 32 people, many of them children, have died of malnutrition in Gaza since the war broke out on October 7 following an unprecedented attack by Hamas on Israel.
- On Saturday, the World Health Organization said that more than four in five children had gone a whole day without eating at least once in 72 hours.