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...
Transition in Syria: New PM says will ‘guarantee’ rights of all religious groups
With Assad's overthrow plunging Syria into the unknown, its new rulers have sought to assure religious minorities that they will...
Geostrategy
Geostrategy
Iran’s response ‘inevitable’ after consulate strike, says Nasrallah
Monday's strike in the Syrian capital levelled the five-storey consular annex of the Iranian embassy and killed seven Iranian Revolutionary...
- Iran's supreme leader Ayatollah Ali Khamenei has said Israel "will be punished" for the consulate strike
- Israel said Thursday it was strengthening its defenses and pausing leave for combat units following Iran's threats to retaliate
Geostrategy
UN chief troubled by reports Israel using AI to identify Gaza targets
According to a report in magazine +972, Israel has used AI to identify targets in Gaza -- in some cases...
- A report claims Israel has marked thousands of Gazans as suspects for assassination
- A system dubbed Lavender had "played a central role in the bombing of Palestinians"
Geostrategy
CIA chief to arrive in Cairo for Gaza hostage talks
According to reports in US media, Burns would meet in the Egyptian capital with Mossad chief David Barnea, Qatari Prime...
- National Security Council spokesman John Kirby said the US will be "present for those talks"
- The US, Qatar and Egypt have been engaged in talks in a bid to secure a truce in the Gaza Strip
Geostrategy
Israel says Hamas fighter was at target instead of Gaza aid workers
Israel said it was targeting a "Hamas gunman" when it killed in Gaza seven aid workers whose deaths caused an...
- The victims were killed in three air strikes over four minutes by an Israeli drone as they ran for their lives.
- The two brigade officers who ordered the strikes, a colonel and a major, have been fired.
Geostrategy
Kremlin slams Macron claims Russia trying to undermine Olympics
Moscow, Russia - The Kremlin on Friday blasted as "unacceptable" French President Emmanuel Macron's claims that Russia was trying to undermine...
- Kremlin said it was "absolutely unacceptable behavior" and characteristic of Western accusations that are "never backed up by adequate evidence".
- Macron had said Thursday that Moscow was trying to promote the narrative that France was unable to host the Games and that the event would be a risk.
Geostrategy
Blinken says US seeks ‘results’ on Israeli new Gaza aid policy
Brussels, Belgium - US Secretary of State Antony Blinken said on Friday Washington wanted to see "results" showing more aid was...
- Israel announced on Friday that it would allow "temporary" aid deliveries into famine-threatened northern Gaza
- "We welcome the steps that have been initiated by Israel," Blinken said at a meeting with EU officials in Belgium
Geostrategy
Opposition retains majority in Kuwait parliament post elections
Kuwait City, Kuwait - Opposition lawmakers maintained a majority in Kuwait's parliament, results showed Friday, after the Gulf state's third parliamentary...
- Opposition candidates won 29 seats in the 50-member assembly, according to results carried by the official KUNA news agency
- The make-up of the new parliament is very similar to the outgoing one, with all but 11 lawmakers retaining their seats
Geostrategy
Stocks trip and oil surges as Middle East tension grows
The threat of regional war compounded fears that the Federal Reserve would not cut interest rates as much as previously...
- Optimism was at a premium on trading floors after a deadly strike on the Iranian consulate in Damascus, which Tehran blamed on Israel and threatened retaliation.
- Tokyo tanked two percent, with a stronger yen adding to the pain for Japanese investors, while Sydney, Seoul, Singapore, Wellington and Manila were also deep in the red.
Geostrategy
UN human rights council demands halt to arms sales to Israel
The resolution -- which passed with 28 of the council's 47 member states voting in favour, six opposed and 13...
- The strongly worded text called on countries to "cease the sale, transfer and diversion of arms, munitions and other military equipment to Israel
- It stressed that the International Court of Justice ruled in January "that there is a plausible risk of genocide" in Gaza.
Geostrategy
Aid worker killed by Israel felt need to help, parents say
Washington, United States--The father of US-Canadian citizen Jacob Flickinger, one of seven aid workers killed in an Israeli strike earlier this...
- The father of US-Canadian citizen Jacob Flickinger said his son was hesitant to go to the Gaza Strip but had felt a need to help
- The aid workers had just unloaded supplies at a warehouse in central Gaza when Israeli warplanes fired a missile into their vehicle
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...
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Boeing lifts wage hike to 30%Â
Business
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Can biodiversity credits unlock billions for nature?
Paris, France - For supporters, biodiversity credits could unlock billions in much-needed funding for nature, but critics fear a repeat of...
Trio wins economics Nobel for insights into income inequality
By examining the various political and economic systems introduced by European colonizers, the three have demonstrated a relationship between societal...
Geostrategy
Tech helps Singapore economy top forecasts in third quarter
Singapore's economy grew more than expected in the third quarter as a rush for everything related to artificial intelligence drove...
Economy
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Geostrategy
UN raises alarm over catastrophe amid ongoing Israeli strikes on Gaza, Lebanon
With Israel ramping up strikes on Lebanon and Gaza, the UN warns of a potentially catastrophic regional conflict, highlighting the...
- Israel has faced a fierce diplomatic backlash over the injuries suffered by five Blue Helmets serving in south Lebanon
- Lebanon's health ministry said Saturday that Israeli air strikes on three sites had killed at least 15 people, raising an earlier toll
Economy
China unveils major bond plan to revive economy and property market
The plan is part of a series of actions undertaken by Beijing to draw a line under a years-long property...
- Beijing's planned special bonds are aimed at boosting the capital available to banks -- part of a push to get them lending in the hopes of firing up sluggish consumer spending.
- China is also preparing to allow local governments to borrow more to fund the acquisition of unused land for development.
Business
Boeing to cut 10% of workforce
The aviation giant has projected a large third-quarter loss.
- The company announced a series of belt-tightening measures and production delays in the wake of the nearly month-long strike of 33,000 workers.
- Boeing said the strike contributed to $3 billion in pre-tax charges to its commercial aviation results in the third quarter.