Israel says struck Hezbollah missile factory in Lebanon
Israel said it carried out strikes on Thursday on sites used by Hezbollah to manufacture and store missiles in Lebanon,...
Geostrategy
Economy
UN COP27 approves “loss and damage” fund
Nations hit by the impact of global warming can now be compensated from the "loss and damage" fund created by...
- Loss and damage covers a broad sweep of climate impacts, from bridges and homes washed away in flash flooding, to the threatened disappearance of cultures and whole islands
- This year an onslaught of climate-induced disasters, from catastrophic floods in Pakistan to severe drought threatening famine in Somalia, sharpened focus on disaster-hit countries
Geostrategy
Turkey carries out air strikes in Syria, hitting several towns
A week after the deadly Istanbul bombing, which Ankara blamed on the Kurdistan Workers' Party (PKK), Turkey carried out air...
- Turkey considers the Kurdish People's Protection Units (YPG) -- the main component of the SDF -- an extension of the outlawed PKK
- Both the PKK and the YPG have denied any involvement in the Istanbul attack, in which six people were killed
Economy
‘FIFA to earn around $700 million due to Qatar World Cup’
"All in all this World Cup will generate for FIFA around $600-$700 million more than the last World Cup," he...
- FIFA chief Infantino said media rights were up about $200 million compared with the 2018 tournament in Russia
- Infantino said he would reveal FIFA's global revenues for the past four years to national associations on Sunday.
Business
Allwyn buys Britain’s Camelot
Acquisition will likely close in Q1 2023, Czech firm said.
- In March, Britain's Gambling Commission, which licenses and regulates gambling, gave Allwyn Entertainment a license to run the National Lottery from February 1, 2024.
- As Camelot owns the license until then, the takeover will help facilitate a smooth transition, Allwyn said.
Economy
Fans can survive without beer in World Cup, says FIFA official
DOHA, QATAR - FIFA president Gianni Infantino said Saturday that World Cup fans can survive for three hours a day...
- "I think personally if for three hours a day you cannot drink a beer, you will survive," FIFA president Gianni Infantino said
- World Cup chiefs on Friday banned beer sales around stadiums in Qatar just 48 hours before the event kicks off on Sunday
Geostrategy
‘Most APEC members condemn war in Ukraine’
Asia-Pacific leaders added their voices to international pressure on Russia over its invasion of Ukraine, issuing a summit statement saying...
- The summit communique was agreed by all APEC members, including Russia and China.
- Apart from substituting the name of the organization, the statement was word-for-word the same as a G20 declaration.
Economy
FIFA president accuses Western World Cup critics of ‘hypocrisy’
Doha, Qatar— FIFA president Gianni Infantino hit back at criticism of Qatar's human rights record on Saturday, blasting the "hypocrisy"...
- Infantino was speaking at his opening press conference of the tournament in Doha
- Qatar officials say their country has been the target of "racism" and "double standards"
Geostrategy
UK blames Iran for ‘spreading bloodshed’ from Mideast to Kyiv
Vowing to work with allies in order to counter Tehran, Britain's foreign minister has blamed Iran for "spreading bloodshed. Ukraine...
- The growing criticism comes as Iran grapples with mass protests -- the biggest in years -- following the death in September of 22-year-old Mahsa Amini
- On Monday, the EU hit more than 30 senior Iranian officials and organizations with sanctions over Tehran's crackdown on protesters and the supply of drones to Russia
Economy
Climate damages are key flashpoint as UN COP talks go overtime
Sharm el Sheikh, Egypt—Climate negotiators were grappling for an agreement Saturday at the UN COP27 in Egypt after high stakes talks went...
- Wealthy nations, long reluctant to discuss the issue over fears of liability, have accepted that vulnerable nations are facing devastating impacts
- Delegates are looking to find agreement on emissions-cutting ambitions and reaffirm a goal to limit average warming to 1.5 degrees Celsius from pre-industrial levels
Geostrategy
Xi, Harris meet briefly, call for US-China communication
The meeting came after the United States said it was looking for China to do more to rein in its...
- Harris spoke to the Chinese leader as they entered a retreat in Bangkok during a summit of the Asia-Pacific Economic Cooperation (APEC) forum
- The vice president reinforced Biden's message that "we must maintain open lines of communication to responsibly manage the competition between our countries."
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Afghanistan special envoys to meet in Doha
Geostrategy
Medic says Gaza hospital under Israeli siege for fifth day
Soldiers are present in the hospital's courtyard and in nearby houses," said hospital's acting director, Dr Mohammad Saleh, adding that...
Geostrategy
One out of three Lebanese poverty-stricken: World Bank
Beirut, Lebanon -- A third of Lebanese people are impoverished with poverty rates tripling in a decade, the World Bank said...
Economy
Tens of thousands bid farewell to Iran’s Raisi ahead of burial
Men and women thronged the main boulevard of Mashhad, Iran's second city in the northeast where Raisi was born, bidding...
Geostrategy
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Business
Amazon to invest $17bn in Spain
The investment will be made in data centers in Aragon region.
- The investment will create around 17,500 indirect jobs in local companies and contribute 21.6 billion euros to Spain's gross domestic product during the period.
- A pioneer of e-commerce, Amazon's AWS also dominates cloud computing with 31 percent of the market at the end of 2023, according to Stocklytics.
Business
Palestinians optimistic but wary after recognition moves
The agreement signed with Khaldoon Al Mubarak, managing director of the Abu Dhabi government-controlled fund Mubadala, opens "a new era...
- The Palestinian Authority says that 142 of the 193 UN member countries already recognize a Palestinian state.
- In the West Bank and Jerusalem, people AFP spoke to were optimistic but wanted more tangible acts towards Palestinian sovereignty.
Norway, Ireland, Spain to recognize Palestinian state
The announcement is the second diplomatic blow this week after the International Criminal Court prosecutor said he would seek arrest...
- Norway, Ireland and Spain announced that they will recognize a Palestinian state
- The three nations hope other countries will follow but Europe remains split over the issue