Saudi Arabia urges Yemen separatists to cede seized territory
The Kingdom said the military movements in the governorates of (Hadramawt and Al-Mahra), recently conducted by the Southern Transitional Council,...
Geostrategy
Why metal prices are soaring to record highs
London, United Kingdom -- Precious and industrial metals are surging to record highs as the year ends, driven by economic...
Business
Business
Syria signs $800 mn port deal with DP World to develop Tartus port
Damascus, Syria -- Syria signed a $800 million deal with UAE-based company DP World on Sunday to develop the port...
- DP World operates dozens of marine and inland ports and terminals globally, particularly in Asia, Africa and Europe.
- The Syrian civil war devastated the country's infrastructure, and the new authorities hope to use the lifting of Western sanctions to attract investments and fuel reconstruction.
Geostrategy
UAE extradites 3 suspects to Belgium over alleged organized crime links
Dubai, United Arab Emirates -- Police in Dubai said three individuals accused of a litany of crimes, including drugs and...
- Officials said the three suspects had been wanted in Belgium in connection with cases of "cross-border organized crime".
- In December, reports first surfaced that one of Belgium's most wanted international drug traffickers, Othman El Ballouti, had been arrested in Dubai.
Economy
Macron calls on EU to ‘defend European interests’ in US tariff talks
French President Emmanuel Macron on Saturday condemned US President Donald Trump's threat to impose 30-percent tariffs on the European Union,...
- US President Donald Trump on Saturday warned that Mexico and the EU would be slapped with 30-percent tariffs starting on August 1
- Expressing France's "very strong disapproval" of the announcement, Macron called on the bloc to "step up the preparation of credible countermeasures
Geostrategy
Iran says cooperation with UN nuclear watchdog will take ‘new form’
Iran has blamed the IAEA in part for the June attacks on its nuclear facilities, which Israel says it launched...
- Iran's 12-day war with Israel last month, sparked by an Israeli bombing campaign, rattled its already shaky relationship with the UN nuclear watchdog
- Foreign Minister Abbas Araghchi said on Saturday that Iran's cooperation with the IAEA "has not stopped, but will take on a new form."
Analysis
Fuel to Air India jet engines cut off moments before crash: probe
New Delhi, India - Fuel control switches to the engines of an Air India flight that crashed shortly after takeoff,...
- The report, issued by India's Aircraft Accident Investigation Bureau (AAIB), did not offer any conclusions or apportion blame for the June 12 disaster
- The Boeing 787-8 Dreamliner was headed from Ahmedabad in western India to London when it crashed, killing all but one of the 242 people on board as well as 19 people on the ground
Geostrategy
UN says hundreds killed in recent weeks while seeking aid in Gaza
There are frequent reports of Israeli forces firing on people seeking aid, with Gaza's civil defence agency saying 10 Palestinians...
- Friday's reported violence came as negotiators from Israel and the Palestinian militant group Hamas were locked in indirect talks in Qatar to try to agree on a temporary ceasefire
- Israel's Prime Minister Benjamin Netanyahu said Thursday he hoped a deal for a 60-day pause in the war could be struck in the coming days
Geostrategy
Israel’s aid blockade leaves Gaza’s pregnant women hungry and at risk
Like most women at the Gaza City hospital where she attends her pregnancy check-ups, Fatima Arafa's face looks fatigued, a...
- With the war in Gaza now in its 22nd month and Israel only slightly easing an aid blockade, shortages of everything from food to clean water have hit pregnant women
- "I am in my sixth month and I can't provide the basic minimum needs to complete this pregnancy," Arafa told AFP before returning to the makeshift camp
Geostrategy
Released pro-Palestinian protest leader sues Trump for $20 mn
Mahmoud Khalil, one of the most prominent leaders of US pro-Palestinian campus protests, sued the Trump administration Thursday for $20...
- Khalil, a legal permanent resident in the United States who is married to a US citizen and has a US-born son, had been in custody following his arrest in March
- The 30-year-old was freed from a federal immigration detention center in Louisiana last month, hours after a judge ordered his release on bail
Geostrategy
Two months after ending struggle against Turkey, Kurdish PKK fighters to begin disarming at key ceremony
Founded in the late 1970s by Abdullah Ocalan, the PKK took up arms in 1984, beginning a string of bloody...
- The disarmament ceremony marks a turning point in the transition of the Kurdistan Workers' Party (PKK) from armed insurgency to democratic politics
- The disarmament ceremony marks a turning point in the transition of the Kurdistan Workers' Party (PKK) from armed insurgency to democratic politics
Geostrategy
Israel PM wants Hamas to give up arms for lasting end to war in Gaza
Netanyahu said the Islamist militants must first give up their weapons and their hold on the Palestinian territory, warning that...
- Netanyahu said the Islamist militants must first give up their weapons and their hold on Gaza, warning that failure to reach a deal would lead to further conflictonfl
- Sticking points include Hamas's demand for the free flow of aid into Gaza and Israel's military withdrawal from the territory, besides "real guarantees" on a lasting peace
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Saudi Arabia urges Yemen separatists to cede seized territory
The Kingdom said the military movements in the governorates of (Hadramawt and Al-Mahra), recently conducted by the Southern Transitional Council,...
Geostrategy
Company News
Latest News
Long-shot socialist Mamdani in touching distance of becoming NY mayor
New York, United States - An unknown local lawmaker just a few months ago, leftist Zohran Mamdani has burst onto...
Geostrategy
China hails coming of ‘multipolar world’ ahead of key Trump-Xi talks to avert trade war
Global markets are watching closely to see if Thursday's planned meeting between the two presidents can halt a trade war...
Geostrategy
Trump starts key Asian tour with deals ahead of China meet
Trump rewarded Cambodia and Thailand with trade deals after co-signing their ceasefire pact, and saying he was confident of a...
Geostrategy
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Geostrategy
US treasury secretary signals deal to ease trade war with China
Washington, United States -- US Treasury Secretary Scott Bessent on Sunday signaled a tentative deal with China to de-escalate their...
- Scott Bessent said the US threat of a 100% tariff hike on Chinese goods had effectively been taken off the table in exchange for Beijing deferring curbs on its rare earth exports.
- The secretary's remarks came as Trump kicked off an Asia tour in Kuala Lumpur that will culminate in a sitdown with Xi in South Korea.
Geostrategy
TotalEnergies approves restart of $20-bn Mozambique gas project
Paris, France -- France's TotalEnergies said Saturday the consortium it leads to build a $20-billion liquified natural gas project in...
- The Mozambique LNG project, the largest private investment in Africa's energy infrastructure, is expected to generate thousands of jobs.
- Work was frozen after militants launched a deadly attack on the site of the project near the Tanzanian border in March 2021, resulting in around 800 deaths.
Geostrategy
Mamdani in touching distance of becoming NY mayor
New York, United States -- An unknown local lawmaker just a few months ago, leftist Zohran Mamdani has burst onto...
- The 34-year-old election frontrunner was born in Uganda to a family of Indian origin and has lived in the United States since he was seven.
- He is the son of filmmaker Mira Nair ("Monsoon Wedding," "Salaam Bombay!") and Mahmood Mamdani, a professor and respected Africa expert.