Syria says agreement reached to halt military operations in Sweida
Syria said a new ceasefire reached on Wednesday in the Druze-majority city of Sweida will bring a complete halt to...
Geostrategy
Trump says any ‘credible’ Epstein files should be released
President Donald Trump said Tuesday the US Justice Department should release all "credible" information from its probe into notorious sex...
Geostrategy
Geostrategy
European Union mulling Iran response to ‘final’ nuclear text
The European Union said Tuesday it was studying Iran's response to a "final" draft agreement on reviving a 2015 nuclear...
- The United States had already said Monday that it was informing EU foreign policy chief Josep Borrell of its response to the text he submitted on August 8.
- Iran's official IRNA news agency reported earlier Tuesday that "an agreement will be concluded if the United States reacts with realism and flexibility" to Iran's response.
Business
UN ship with grain for Africa sails from Ukraine: ministry
The UN brokered agreement lifted a Russian blockade of Ukraine's ports and established safe corridors through the naval mines laid...
- It is the first ship chartered by the UN World Food Program (WFP) to leave Ukraine since Russia's invasion began in February
- Kyiv and Moscow agreed a deal brokered by the UN and Turkey last month to unblock Black Sea grain deliveries after Russia's invasion
Science
Earth’s water may have come from asteroids: study
In a new paper published in the journal Nature Astronomy, scientists said the Ryugu samples could give clues to the...
- Volatile and organic-rich C-type asteroids may have been one of the main sources of Earth's water, said the study by scientists from Japan
- In June, one group of researchers said they found organic material which showed that amino acids, may have been formed in space
Economy
Net zero, Russia war driving nascent hydrogen economy
Green hydrogen is in sharp focus as governments seek to slash carbon emissions amid record-high temperatures and to safeguard energy...
- In Birmingham, central England, it costs about £50 ($60) to fill Kendall's Toyota Mirai with the green hydrogen that is produced at a plant next to the refuelling station
- Britain's government says £9 billion of investment is needed "to make hydrogen a cornerstone of the UK's greener future" as it targets net zero carbon emissions by mid-century
Economy
Oil prices fall on potential Iran deal, as China economy falters
A deal would mean that Iran's crude output of 2.5 million barrels per day would no longer be subject to...
- Oil prices fell Monday on the prospects of a return of Iranian oil to the market and data showing China's economic recovery stuttering
- Stock markets were broadly steady and the dollar traded mixed as investors digested the latest developments
Business
Global business travel won’t see full recovery until 2026: report
The Global Business Travel Association now projects business travel will regain its 2019 level of $1.43 trillion in mid-2026, 18...
- recovery was "short-circuited" in late 2021 and early 2022 by the Omicron variant of Covid-19, but that trips surged after that once Covid cases fell
- Major obstacles to a full recovery include high energy prices, labor shortages, Covid lockdowns, regional impacts due to the war in Ukraine and sustainability concerns
Economy
Germans face big energy levy but government vows aid
The charge has been set at 2.419 cents per kilowatt hour, said Trading Hub Europe, a non-profit company of energy...
- The charge has been set at 2.419 cents per kilowatt hour, said Trading Hub Europe, a non-profit company of energy network operators in Germany
- For a family of four with an annual average energy usage of 20,000 kwh, this would come to about $493.70 before goods and services taxes
Business
Malaysia Airlines to acquire 20 planes
The airline will buy 10 planes and lease the 10 others from Avolon.
- The plane was worth $296.4 million according to the last published catalogue prices in 2018.
- The A330neo will gradually replace 21 older-generation A330neo planes in the Malaysia Airlines fleet.
Geostrategy
Iran to deliver ‘final’ nuclear talks proposal Monday: Foreign Minister
The American side has verbally accepted the two demands from Iran, said Hossein Amir-Abdollahian. "If our opinion is accepted, we...
- Iran may accept a final compromise worked out in Vienna to save the landmark 2015 deal, which is aimed to curb its nuclear programme in return for sanctions relief.
- The deal has been moribund since the 2018 withdrawal of the United States under then president Donald Trump.
Geostrategy
Former Israeli army chief joins new party to contest poll
Recent media reports had said that Eisenkot, chief of staff from 2015 to 2019, was being courted by political parties...
- The election, set for November 1 after parliament was dissolved on June 30, will be the country's fifth in less than four years
- Lawmaker Matan Kahana, of former premier Naftali Bennett's right-wing Yamina party, has also joined hands with Benny Gantz
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Syria says agreement reached to halt military operations in Sweida
Syria said a new ceasefire reached on Wednesday in the Druze-majority city of Sweida will bring a complete halt to...
Geostrategy
Company News
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Afif helps Qatar exorcise World Cup demons at Asian Cup
Arts & Culture
Aid to Gaza ‘requires Israel removing’ obstacles, says UN chief
Antonio Guterres repeated his call for an "immediate humanitarian ceasefire" to alleviate "the plight of Palestinian children, women and men...
Geostrategy
World’s only Dragon Ball theme park launched in Saudi Arabia’s Qiddiya City
RIYADH, SAUDI ARABIA – The Board of Directors of the Qiddiya Investment Company (QIC) revealed on Sunday the launch of...
Arts & Culture
Red Crescent says Israel army besieges two more Gaza hospitals
PALESTINIAN TERRITORIES – The Palestinian Red Crescent said on Sunday that Israeli forces were besieging two hospitals in southern Gaza,...
Geostrategy
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Geostrategy
Gaza fighting rages as UN chief decries ‘horror and starvation’
Guterres urged an end to the "non-stop nightmare" endured by Gaza's 2.4 million people in a visit to the Egyptian...
- Deadly fighting meanwhile rocked Gaza, where Hamas reported 21 deaths on Saturday at an aid distribution point on the outskirts of Gaza City.
- Hamas said they were killed by Israeli "tank fire and shells". Israeli forces also pressed on with their offensive in and around the Al-Shifa hospital complex.
Economy
IMF chief calls upon China to boost growth with pro-market reforms
BEIJING, CHINA – The head of the International Monetary Fund on Sunday called on China to implement "a comprehensive package of...
- Chinese policymakers have so far resisted calls to juice the economy through massive government stimulus.
- Authorities should boost "the spending power of individuals and families" by beefing up China's pension system, IMF said.
Economy
Sprinklers and drip irrigation help Iraqis beat drought
After four years of drought, Iraqi farmer Mohammed Sami was about to abandon his father's parched land, but then a...
- Last year the WFP's water management project helped more than 1,100 farmers "in areas most affected by climate change and drought," said Khansae Ghazi from the UN agency
- The new irrigation systems "use 70 percent less water than traditional methods such as flooding" -- the vastly more wasteful method used for millennia