US stocks mostly rise ahead of expected rate cut, bitcoin hits new record
The Fed is widely expected to cut its key lending rate for a third straight time, reducing it by a...
Business
US contacts Syria’s HTS, Turkey reopens embassy, as Assad allies Iran and Russia face setbacks
The United States said Saturday it had made contact with Syria's victorious Hayat Tahrir al-Sham rebels, despite previously designating the...
Geostrategy
Geostrategy
Oman, UAE deluge ‘most likely’ linked to climate change: Study
Dubai, United Arab Emirates -- Global warming caused by fossil fuel emissions "most likely" exacerbated the intense rains that lashed the...
- Extreme rainfall in El Nino years has become 10-40 percent heavier in the region affected, a study published by the World Weather Attribution (WWA) group found.
- Twenty-one people died in Oman and four in the United Arab Emirates, which was battered by the heaviest rainfall since records began for the desert Gulf state 75 years ago.
Geostrategy
Israel says forces carrying out ‘offensive action’ in south Lebanon
Israeli forces are carrying out "offensive action" across southern Lebanon, Defence Minister Yoav Gallant said Wednesday without specifying whether ground...
- The Israeli army said Hizbollah "has established dozens of terror means and infrastructures in the area" to attack Israel
- Cross-border exchanges of fire have flared between the Israeli army and Hizbollah since Hamas's October 7 attack on Israel triggered war in Gaza
Business
As ‘news deserts’ spread, US journalism fights on
Baltimore, United States - Baltimore Banner reporter Matti Gellman is first to leap in with questions during a recent press appearance...
- For more than two decades, since the internet upended the advertising and print model on which newspapers had been based, the industry has been in crisis
- Nearly half of US counties have just one news source, the report said, often a weekly newspaper. And 228 are on a so-called "watch list" at high risk of losing even that
Business
Israel pummels Gaza after US approves military aid
US-Israeli relations been strained by Israel's conduct of the war in Gaza and Israeli Prime Minister Benjamin Netanyahu's determination to...
- Media reports said Israel was planning to move civilians from Rafah to nearby Khan Yunis over a period of two to three weeks.
- Israeli assault has left much of Gaza's medical system in ruins, with medics struggling to treat both casualties of the war and people with pre-existing conditions.
Geostrategy
Israel thanks US Senate for approving military aid
Israel's foreign minister on Wednesday thanked the US Senate for approving $13 billion in military aid that he said sent...
- The $13 billion in military aid that he said sent a "strong message" to the country's enemies
- The approval comes as the war in Gaza enters its 201st day
Lebanon’s Hizbollah launched ‘dozens’ of rockets at Israel after civilian deaths
Hizbollah fighters fired "dozens of Katyusha rockets" at northern Israel "as part of the response to the Israeli enemy's attacks...
- The Iran-backed Hizbollah group and Israel have exchanged regular fire in the south of Lebanon since October
- Hizbollah said it launched "a combined air attack using decoy and explosive drones that targeted" two Israeli bases north of Acre
Business
FPT and Nvidia to build AI factory
Nvidia had invested around $250 million in Vietnam.
- FPT said it has established a strategic partnership with Nvidia, which includes plans to build a $200-million-dollar AI factory using Nvidia's AI software and chips.
- Nvidia's singular role in the AI revolution has taken the world by storm, with its powerful GPU chips and software an integral ingredient in the creation of generative AI.
Geostrategy
Baby delivered from dying mother’s womb in Gaza ‘miracle’
At just seven months pregnant, her mother, Sabreen al-Sakani, reached the emergency unit in critical condition after she was fatally...
- "It's a miracle that she was still alive, despite her difficulties in breathing," said Sahib al-Shams, a surgeon and director of the Kuwaiti hospital in Rafah.
- "The mother died 10 minutes later," Shams said, adding that the baby's father and sister had been declared dead on arrival at the hospital.
Geostrategy
Tunisia, Algeria, Libya hold ‘advisory’ meeting to create new regional coalition
The meeting was decided on by Algerian President Abdelmajid Tebboune, Libya's head of presidential council Mohamed Al-Menfi and Tunisian President...
- The coalition is aimed at furthering "security, stability and development throughout the region", Tunisian foreign minister Nabil Ammar said
- No leaders from Morocco or Mauritania were present at the meeting, set to take place every three months
Geostrategy
Water, oil and security on agenda as Erdogan visits Iraq
The Turkish leader met with Iraqi President Abdel Latif Rashid in Baghdad. He told Rashid that Turkey "had expectations of...
- The PKK (Kurdistan Workers Party), which has fought a decades-long insurgency against the Turkish state, has a presence in northern Iraq, as does the Turkish military.
- Also on the agenda is a $17 billion road and rail project known as the "Route of Development" which is expected to consolidate economic ties between the two neighbors.
US stocks mostly rise ahead of expected rate cut, bitcoin hits new record
The Fed is widely expected to cut its key lending rate for a third straight time, reducing it by a...
Business
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Updates: Israel hits more targets in Lebanon as Blinken travels to Middle East to push for truce
Lebanon says four people were killed including a child in the latest Israeli strikes as Tehran says the United States...
Geostrategy
In escalation, Israel bombs Hezbollah-linked finance group
-Israel began bombing Lebanese branches of an association accused of financing the Iran-backed Hezbollah movement, Lebanese state media reported late...
Geostrategy
China’s central bank cuts two key rates to boost economy
Beijing, China - China's central bank on Monday said it had cut two key interest rates to historic lows, in the...
Economy
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Putin thanks UAE president for positive role in prisoner exchange with Ukraine
UAE President Sheikh Mohamed meets his Russian counterpart Vladimir Putin to discuss bilateral ties and Middle East. Sheikh Mohamed will...
- Moscow and Kiev announced that they had swapped 95 prisoners each following negotiations led directly by the UAE
- The UAE and Russia ties have grown closer recently with Putin saying that their bilateral trade had tripled in the past three years to $11.1 billion
Geostrategy
Israeli settler attacks, Gaza conflict ruin Palestinian olive harvest
UN experts said recently that Palestinian farmers in the occupied West Bank are facing "the most dangerous olive season ever".
- The ongoing war has reduced vast areas of Gaza to rubble, with about 68 percent of the territory's agricultural areas damaged by the conflict.
- This year's harvest in Gaza is expected to net just 15,000 tons, sharply down from around 40,000 tons in the years before the war.
UN biodiversity conference in Colombia: what’s at stake?
Paris, France - The world's pledges to halt humankind's destruction of nature will be put to the test when the 16th...
- The COP16 is the first meeting of the international community since the adoption two years ago of an unprecedented roadmap to stop humankind's destruction of nature
- But putting that agreement into practice risks not moving fast enough to stop the destruction of land, oceans and species by a 2030 target date