Restoring sea floor after mining may not be possible, researchers warn
Kingston, Jamaica -- Scientists present at the latest effort to hash out international rules for deep-sea mining say it's unclear...
Geostrategy
New clashes rock Syria’s Druze heartland as tribal fighters reinforce Bedouin
Armed tribes supported by Syria's Islamist-led government clashed with Druze fighters in the community's Sweida heartland on Friday, a day...
Geostrategy
Geostrategy
IAEA calls for security zone at Ukraine’s nuclear plant
The International Atomic Energy Agency called Tuesday for the establishment of a security zone around Ukraine's Zaporizhzhia nuclear power plant,...
- The occupation of the nuclear power plant, Europe's largest, has sparked fears of a nuclear disaster as both Russia and Ukraine trade blame for shelling the site.
- IAEA said in a report that the current situation is untenable after it sent a team to the plant.
Market Report
Stocks push higher, but yen and euro under pressure
European and US stocks rose Tuesday, but gains were capped by economic slowdown fears and central bank efforts to contain...
- European and US stocks rose Tuesday, but gains were capped by economic slowdown fears and central bank efforts to contain surging inflation.
- Frankfurt rebounded somewhat despite news that Germany's industrial orders slumped for the sixth consecutive month in July.
Geostrategy
Liz Truss becomes new UK PM, Johnson pledges support
She faces a daunting to-do list, with the UK in the grip of its worst economic crisis in decades, with...
- Business Secretary Kwasi Kwarteng is expected to become finance minister, Attorney General Suella Braverman home secretary, and James Cleverly to foreign affairs.
- Johnson, whose tenure was dominated by Brexit and Covid and cut short by a succession of scandals, earlier promised Truss his unswerving support in his farewell speech.
Erdogan blames Europe’s energy crisis on Russia sanctions
Erdogan told reporters before departing for a three-nation swing through the Balkans that European nations were "harvesting what they sowed"...
- Kremlin spokesman on Monday blamed Russia's halt of gas deliveries to Germany via the Nord Stream pipeline on "sanctions that were imposed against our country"
- Analysts believe the deal will ensure that Russia will continue to supply Turkey with gas through the TurkStream pipeline running under the Black Sea
Business
Sixteen European news agencies launch joint Brussels newsroom
The 16 agencies -- dpa, AFP, AGERPRES, ANSA, APA, ATA, Belga, BTA, EFE, Europa Press, FENA, HINA, MIA, STA, Tanjug and...
- The hope is that by working more as a network, the agencies' pooled resources will provide a deeper understanding of European news to readers in their home national markets.
- Journalists from the smaller European agencies will share workspaces in Belga's Brussels headquarters and offices near EU headquarters, as well as training opportunities.
Geostrategy
Palestinian killed in Israel West Bank raid: Palestinians
Human rights activists say Israel's policy of demolishing the homes of suspected attackers amounts to collective punishment, as it can render non-combatants,...
- Palestinian official news agency Wafa identified the dead man as Mohammed Musa Mohammed Sabaaneh, 29
- The Israeli army said it entered Jenin overnight "in order to demolish the residence" of the perpetrator of a deadly shooting attack in Tel Aviv in April
Arts & Culture
Century on, political fights rage over Turkey’s dogs
The sheer number of stray animals darting between people and lounging on public squares jumps out at most visitors to...
- The sheer number of stray animals darting between people and lounging on public squares jumps out at most visitors to Turkey's ancient cultural capital
- Late it has been a love-hate affair with dogs that like most things in the painfully polarised country, has taken on a political life of its own
Business
Lufthansa pilots to strike again, escalating wage dispute
A week after the airline was forced to cancel all flights due to a pilots’ walk-out on Friday, affecting 130,000...
- The pilot union is seeking a 5.5 percent wage increase by the end of the year, automatic compensation for inflation and adjustments on its salary grid
- Lufthansa has said the entire package sought by Cockpit would raise pilot personnel costs by 40 percent or $900 million
Economy
Algeria a ‘reliable’ gas supplier: EU chief Michel
European officials have been looking to Algeria, Africa's biggest gas exporter, to fill a shortfall in supplies after Russia's invasion...
- Before the Ukraine war, Algeria provided the European Union with some 11 percent of its gas needs
- Algiers has seen a string of high-profile visitors in recent months seeking to boost exports
Business
Porsche to enter stock market before the end of 2022: VW
The auto giant officially signalled its intention to go ahead with the IPO on February 24, the day that Russia...
- The luxury brand continues to attract the attention of investors, who value Porsche between 60 and 85 billion euros
- Suitors including the Qatari sovereign wealth fund and luxury brands group LVMH have registered an interest in the high-end carmaker
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
Restoring sea floor after mining may not be possible, researchers warn
Kingston, Jamaica -- Scientists present at the latest effort to hash out international rules for deep-sea mining say it's unclear...
Geostrategy
Company News
Latest News
Five killed in Gaza aid delivery chaos, say medics
Gaza City, Palestinian Territories - The Palestine Red Crescent said five people were killed and dozens wounded by gunfire and a...
Geostrategy
Death toll in Israeli strikes on Syria climbs to 52, says monitor
Beirut, Lebanon - The death toll in Israeli air strikes on Syria has risen to 52, including 38 government soldiers and...
Geostrategy
Polish PM Tusk warns Europe has entered ‘pre-war era’
Russia's invasion of Ukraine more than two years ago upended European leaders' sense of unshakeable post-war peace, prompting many countries...
Geostrategy
Most Read
Business
OpenAI unveils voice-cloning tool
It can essentially duplicate someone's speech.
- OpenAI model called "Voice Engine" can essentially duplicate someone's speech based on a 15-second audio sample, according to the San Francisco-based company
- We have implemented a set of safety measures, including watermarking to trace the origin of any audio generated by Voice Engine, OpenAI said
Economy
IMF approves US$820m as part of Egypt bailout
The IMF action, repeatedly postponed and eagerly awaited by the Egyptian government, arrives at a time of mounting difficulties for...
- The IMF validated the payment as part of a $3 billion aid program granted at the end of 2022
- The board also approved a $5 billion extension announced at the beginning of the month
Geostrategy
US pushes back against claims it eased West Bank settler sanctions
Washington, US--The US Treasury Department pushed back on Friday against claims it had eased sanctions against West Bank settlers after...
- In response to a surge in violence, the US recently sanctioned seven Israeli settlers and two farming outposts in the West Bank
- An Israeli daily reported that the Biden administration had "dramatically" softened its sanctions against these individuals