Key Libya oil refinery halts operations after clashes: state firm
Tripoli, Libya -- A key oil refinery in western Libya suspended operations after armed clashes erupted early on Sunday, causing fires...
Geostrategy
Asian markets retreat as China pledges fail to spark excitement
Asian markets fell Friday as China's latest vows to boost the beleaguered economy failed to stir much excitement, while traders...
Geostrategy
Global ocean summit nets $10 billion in pledges: Greek PM
Athens, Greece -- An international summit on saving the oceans netted $10 billion in pledges, the prime minister of host country...
- This year's three-day conference began Monday with delegates from around 120 countries.
- The "Our Oceans" summit was launched in 2014 as the first international event of its kind to address all issues related to oceans.
Geostrategy
Heavy floods hit Dubai airport as Oman death toll rises to 18
Dubai, the Middle East's financial center, was paralyzed by the heavy storms that caused widespread flooding around the United Arab...
- Roads and residential communities also suffered heavy flooding in scenes repeated around the Emirates, where rain is an unusual event.
- A child's body was recovered on Tuesday, bringing the death toll to 18 with two people missing, emergency authorities told the official Oman News Agency.
Geostrategy
Jordan says won’t become ‘theatre of war’ between Israel and Iran
If the Gaza war raging since October 7 has created tough challenges for Jordan, it now faces the additional threat...
- Jordan was among a group of nations that helped Israel shoot down missiles, rockets and attack drones launched by Iran
- Jordan stressed its aim was to safeguard its own sovereignty rather than defend Israel
Heavy storms soak Gulf as Oman toll rises to 18
Flooding hit many areas of Dubai and Abu Dhabi, the UAE capital, and cut off major roads, snarling traffic and...
- Flights were cancelled in Dubai, the region's financial hub, while schools were shut in the United Arab Emirates and Bahrain
- Flooding hit many areas of Dubai and Abu Dhabi, the UAE capital, and cut off major roads, snarling traffic and leaving cars stranded
Economy
Equities sink, oil rallies on fears of Iran-Israel conflict
Stock markets fell and oil prices climbed Tuesday on growing fears of a wider war in the Middle East after...
- The selling came after Wall Street's three main indexes tanked
- Investors appeared to ignore figures showing China's economy grew 5.3 percent in Q1, 2024
Geostrategy
‘Bad for business’: Gulf states scramble to avert wider war
Gulf states are grappling with the widening Middle East conflict as hostilities between Iran and Israel threaten their security and...
- Saudi Arabia and the United Arab Emirates have both faced previous attacks on oil facilities
- The conflict is increasingly creating a new regional balance of power
Geostrategy
Iran closed nuclear facilities in wake of Israel attack: IAEA chief
Tehran, IranIran temporarily closed its nuclear facilities over "security considerations" in the wake of its massive missile and drone attack...
- International Atomic Energy Agency (IAEA) chief Rafael Grossi: "All (Iranian) nuclear facilities that we are inspecting every day would remain closed
- Israel has carried out operations against nuclear sites in the region before
Geostrategy
Palestinian officials say Israeli settlers kill two in West Bank
The West Bank, which Israel has occupied since 1967, has seen a surge in violence since early last year, particularly...
- The Palestinian health ministry named the victims of the attack near Nablus as Abdulrahman Maher Bani Fadel, 30, and Mohammed Ashraf Bani Jame, 21
- The mayor of Aqraba, Salah Bani Jaber, told AFP "dozens of settlers attacked" the nearby hamlet of Khirbet al-Tawil late on Monday
Geostrategy
Hezbollah claims attack on Israeli troops who had crossed border
It was the first time Hezbollah claimed such an attack in six months of near-daily cross-border clashes between the Iran-backed...
- Israel's army said four soldiers were wounded overnight in an explosion "in the area of the northern border"
- One of the soldiers was "severely injured" it said
Geostrategy
Kremlin, the world, urge restraint following Iranian strikes on Israel
The Kremlin on Monday called for a de-escalation in the Middle East after Iran's unprecedented weekend attack on Israel."We are...
- Israel struck war-battered Gaza overnight
- Tehran on Monday called on Western nations to "appreciate Iran's restraint" towards Israel
Key Libya oil refinery halts operations after clashes: state firm
Tripoli, Libya -- A key oil refinery in western Libya suspended operations after armed clashes erupted early on Sunday, causing fires...
Geostrategy
Company News
Latest News
States helping Israel’s occupation may be ‘complicit’: UN experts
"Israel's internationally wrongful acts give rise to state responsibility, not only for Israel, but for all states," said Navi Pillay,...
Geostrategy
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...
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...
Economy
Most Read
‘Starvation tactics’ being used against 25 million people in Sudan
UN experts on Thursday accused the two sides in Sudan's civil war of using "starvation tactics" against 25 million civilians,...
- The world must pay attention to the largest modern famine taking shape in Sudan today, says UN
- Experts say "the volume of aid currently being delivered through this corridor is not enough to meet the population's needs"
Geostrategy
Hamas leader Yahya Sinwar killed in Gaza as Iran issues fresh warning over Israeli retaliation
Israel and the US government officials express "relief" at the death of Hamas leader Yahya Sinwar. He became the militant...
- Israel and the United States government officials express "relief" at the death of Hamas leader Yahya Sinwar
- Iran's Revolutionary Guards chief Hossein Salami warned that Tehran would hit Israel "painfully" if it attacks Iranian targets
Science
Major tech companies turn to nuclear energy to power data centers and AI initiatives
Firms such as Amazon, Microsoft, and Google are now looking to outgun each other to tap atomic energy, while Goldman...
- Amazon, Microsoft, and Google are now looking to outgun each other with announcements on atomic energy
- According to Goldman Sachs research, data centers will consume 8 percent of US power by 2030, up from 3 percent in 2022