Europeans tell Iran will reimpose sanctions if no progress on nuclear deal: France
Top European diplomats told their Iranian counterpart on Thursday they were determined to reactivate UN sanctions if Tehran does not...
Geostrategy
Geostrategy
France’s Macron announces ‘new page’ in Algeria ties
Macron's office said his visit aims to "lay a foundation to rebuild and develop" a sometimes difficult relationship with the...
- Macron had landed earlier at Algiers' main airport where he was warmly greeted by Tebboune and a military band that played both national anthems
- In Algiers, few have much sympathy towards Macron, who during his first election campaign had described French colonialism as a "crime against humanity."
Geostrategy
Germany backs Moroccan autonomy plan for W. Sahara
A joint statement issued at the end of a visit to Rabat by Foreign Minister Annalena Baerbock said that "Germany...
- In 2020, the Donald Trump administration recognised Moroccan sovereignty over the territory in return for improved ties with Israel
- Morocco had suspended ties with Germany, one of its main trading partners, in March 2021, citing "deep misunderstandings" after Berlin criticised Trump's move
Geostrategy
French president looks to ‘future’ on Algeria trip to mend ties
President Emmanuel Macron arrived in Algeria on Thursday for a three-day visit aimed at mending ties with the former French...
- The first French president to be born after Algerian independence, Macron is hoping "to lay a foundation to rebuild and develop" a sometimes difficult relationship with Algiers.
- The two heads of state will visit a monument to martyrs of the country's war for independence, which ended more than 130 years of French colonial rule in 1962.
Business
Saudi to provide multiple entry visas for tourists during world cup
The move comes as Qatar, which has a population of 2.8 million, tries to accommodate an expected 1.2 million visitors...
- People with a Hayya Card, reserved for ticket-holders and used to access Qatar during the tournament, will be able to apply for the electronic visas.
- The Gulf power shares a land border with gas-rich Qatar, which is hosting the first World Cup in the Middle East and the first held in winter months.
Geostrategy
Outgoing UN rights chief urges Putin to stop attack on Ukraine
Bachelet, who steps down at the end of the month, marked the six months since the February 24 Russian invasion...
- Bachelet urged Moscow and Kyiv to respect international human rights and humanitarian law at all times.
- "The fighting continues, amid almost unthinkable risks posed to civilians and the environment as hostilities are conducted close to the Zaporizhzhia nuclear power plant," she said.
Economy
German economy grows slightly in Q2, recession fears recede
Germany's economy grew slightly in the second quarter, an upgrade from a previous estimate of stagnation, revised official data showed...
- Output expanded by 0.1 percent in the April to June period, as per the federal statistics agency, which had previously projected zero growth.
- Private spending rose 0.8 percent from the previous quarter as the end of Covid-19 restrictions brought more tourism and restaurant dining.
Economy
European gas prices approach record peak on Russian supply fears
Europe's benchmark Dutch TTF gas contract advanced to 318 euros per megawatt hour before paring gains. That was not far...
- Prices have spiked in recent days as a three-day halt in Russian deliveries to Germany via the Nord Stream 1 pipeline approaches.
- One-year forward contracts for electricity prices in both France and Germany surged on Thursday to record pinnacles on worries over a winter energy crunch.
Arts & Culture
Iconic Algeria record store’s fortunes revived by DJ Snake
This week, the label's miniature headquarters at a long-shuttered record store in the eastern city of Oran will receive another...
- This week, the label's miniature headquarters at a long-shuttered record store in the eastern city of Oran will receive another prominent guest: French President Emmanuel Macron
- Owner Boualem Benhaoua, 68, said he has "so many memories in the music, so many memories with Rai singers, they all came through here."
UN says Chad floods displace 340,000 people in two months
Some 5.5 million Chadians around a third of the landlocked central African country's population needed "urgent humanitarian assistance" last year,...
- The capital N'Djamena, which is located near the Chari river, has been the most badly affected by the downpours
- Last year, 256,000 people suffered damage during floods, while up to 388,000 people were affected in 2020, the UN agency said
Economy
Asian markets rise with eyes on China, Fed speech
Central bankers are meeting in Jackson Hole in the US state of Wyoming, and all eyes are on Federal Reserve...
- Asian traders on Thursday followed a positive lead from Wall Street, where the Dow, Nasdaq and S&P 500 all closed higher
- Central banks around the world are trying to find a delicate balance between curbing inflation and avoiding recessions
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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
Europeans tell Iran will reimpose sanctions if no progress on nuclear deal: France
Top European diplomats told their Iranian counterpart on Thursday they were determined to reactivate UN sanctions if Tehran does not...
Geostrategy
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Clowns try to put smiles back on faces of Gaza children
Palestinian Territories - The children of Gaza have little to eat, have had to flee their homes and have survived...
Arts & Culture
Yen plunges to 34-year low, mixed results for equity markets
Hong Kong, China - The yen plunged Wednesday to a 34-year low against the dollar after a top Bank of Japan...
Business
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UN Palestinian agency chief says funding secured until end of May
Gaza has endured almost six months of war and a siege that has cut off most food, water, fuel and...
- UNRWA is in crisis since Israel accused that a dozen of its employees were involved in October 7 Hamas attack
- UNRWA chief warned last month that the funding crunch was so great the organization might not be able to operate beyond March
Geostrategy
Israeli hostage held by Hamas in Gaza dead, say families
Jerusalem--One of the Israeli hostages kidnapped during the October 7 Hamas attack has been killed and his body is being...
- The slain hostage, Uriel Baruch, 35, a father of two, was taken from the Supernova music festival by Hamas fighters
- Fighters from Hamas seized 253 Israeli and foreign hostages during the October 7 attack on Israel that triggered the war
Geostrategy
Syria strikes kill 17 including Iran Guard, WHO worker
According to the Syrian Observatory for Human Rights monitor, an Iranian Revolutionary Guards adviser, his two Iranian security escorts, and...
- A US defence official told AFP the United States "did not conduct any airstrikes" overnight
- WHO chief announced on social media "the tragic loss of another one of our own in an air strike in Syria"