Israel approves plan aiming to double annexed Golan population, Saudi calls it ‘sabotage’ of Syria
The occupied Golan is home to about 23,000 Druze Arabs, whose presence predates the occupation and most of whom retain...
Geostrategy
Boeing to boost 787 production
The firm will invest$1bn to ramp up production in South Carolina.
Business
Economy
Oil prices surge, Asian markets fall following Iran explosions
Oil prices surged more than three percent in early Asian trade, and Asian stock markets slumped by over 3 percent...
- West Texas Intermediate jumped 4 percent to $86 and Brent rose 3.9 percent to $90.5
- Asian stocks tumbled Friday, with Japan’s Nikkei slumping as much as 3.5 percent
Geostrategy
Israel strikes Syria again following overnight ‘retaliatory’ attack on Iran
Israeli strikes on Friday targeted a Syrian army position in the country's south, a war monitor said, as US media...
- Israeli strikes on Friday targeted a Syrian army position in the country's south,
- UN Secretary-General Antonio Guterres: The Middle East is on a precipice
Business
Norway wealth fund earns $109bn on gain in tech stocks in Q1
Oslo, Norway -- Norway's sovereign wealth fund, the world's largest, posted a gain of more than $100 billion in the...
- The fund's total return on investment reached 6.3 percent, with the yield on global equities reaching 9.1 percent.
- The fund — which manages assets worth $1.6 trillion — invests the surplus revenues of the country’s oil and gas sector in various assets
Geostrategy
Lebanon’s Hizbollah targets Israel base, wounding 14 soldiers
Hours after the strike on Arab al-Aramshe, an Arab-majority village in northern Israel near the border, Israeli forces hit targets...
- Israel and Hizbollah, an Iran-backed Hamas ally, have been exchanging near-daily cross-border fire since the Palestinian group attacked southern Israel on October 7
- But Hizbollah strikes in the past few days have included a growing use of explosive drones and wounded people in Israel, which has struck deeper into Lebanon in recent weeks
Geostrategy
Climate impacts set to cut 2050 global GDP by nearly a fifth
But slashing greenhouse gas emissions as quickly as possible remains crucial to avoid even more devastating economic impacts after mid-century,...
- Climate change caused by CO2 emissions already in the atmosphere will shrink global GDP in 2050 by about $38 trillion, or almost a fifth.
- Germany and the United States are forecast to see income shrivel by 11 percent by 2050, and France by 13 percent.
Geostrategy
Italy PM Meloni visits Tunisia for migration talks
Meloni's latest visit to Tunisia came as part of her so-called Mattei Plan, a program aiming to posit Italy as...
- Meloni met with Saied, who vowed in a national security meeting the day before that Tunisia "will be neither a center nor a crossing point" for sub-Saharan migrants
- "Cooperation on migration remains a central aspect of the relationship between Italy and Tunisia," Italian officials said
Dubai roads, airport reel from floods after record rains
Power outages were reported around Dubai, which was dotted with flooded areas and submerged and abandoned cars. One road tunnel...
- Power outages were reported around Dubai, which was dotted with flooded areas and submerged and abandoned cars
- One road tunnel near the airport was completely flooded to a depth of several metres
Geostrategy
UN Security Council to vote this Thursday on full Palestinian membership
Against the backdrop of the grinding conflict in Gaza, a city largely devastated by more than six months of war...
- The Palestinians formally revived this April an application first made to the world body in 2011
- Statehood requires a defined territory, a permanent population, a government and the ability to enter into international relations
Geostrategy
US, EU to impose fresh sanctions on Iran following recent missile attack on Israel
The United States announced Tuesday that it was preparing new sanctions on Iran's missile and drone program after last weekend’s...
- Washington would impose new sanctions targeting Iran, including its missile and drone program
- EU foreign policy chief Josep Borrell said Brussels is working on expanding sanctions against Iran's supplies of weaponry
Dubai airport diverts flights as ‘exceptional weather’ hits Gulf
Dubai, the Middle East's financial centre, has been paralyzed by the torrential rain that caused floods across the UAE and...
- The world's busiest air hub for international passengers confirmed a halt to arrivals at 7:26 pm (1526 GMT) before announcing a "gradual resumption" more than two hours later
- Earlier the airport, which had been expecting more than 100 flight arrivals on Tuesday evening, briefly halted its operations in the chaos caused by the storm
Israel approves plan aiming to double annexed Golan population, Saudi calls it ‘sabotage’ of Syria
The occupied Golan is home to about 23,000 Druze Arabs, whose presence predates the occupation and most of whom retain...
Geostrategy
Company News
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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...
Israeli attack kills 73 in north Gaza as Netanyahu says Hezbollah tried to kill him
War in the Middle East continues as Israeli attack kills 73 in northern Gaza while Israeli Prime Minister Netanyahu says...
Geostrategy
Updates: Israeli attack kills 33 people in Gaza refugee camp as Hamas mourns Sinwar
As Israel continues to pound Gaza, Lebanon, and West Bank, Turkey's Erdogan conveys his condolences to Hamas officials over Sinwar's...
Geostrategy
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Drought forces Big Tech to rethink thirsty LatAm data centers
A prolonged drought in much of South America has forced tech giants Google and Amazon to rethink their plans for...
- Plans for a US$200 million data center project needed a cooling system that would consume 1.85 billion gallons of water yearly
- Google said the new facility would use air cooling technology, reducing its water use to a minimum
Economy
Gold breaks above $2,700 to record high as geopolitical uncertainty heightens
Hong Kong, China - Gold prices hit a record high above $2,700 on Friday as traders piled into the safe-haven commodity...
- Bullion hit an all-time high of $2,704.89 in early Asian trade, up from its previous record of $2,688.83 touched on Thursday
- Markets have been on edge over the crisis in the Middle East as Israel battles Hamas in Gaza and, more recently, Hezbollah in southern Lebanon
Business
Netflix adds millions of subscribers but growth slows
San Francisco, United States - Netflix on Thursday said it added more than five million subscribers in the recently ended quarter...
- The streaming juggernaut said it ended September with 282.7 million subscribers, reporting a profit of $2.4 billion
- Netflix shares rose nearly five percent to $720.75 in after-market trades, trading at slightly more than double the price from a year earlier