UN experts warn of torture risk as US deports migrants to third countries
Geneva, Switzerland -- UN experts decried Tuesday the US resumption of migrant deportations to third countries, including to war-torn South...
Geostrategy
Trump hosts Netanyahu in push for Gaza deal, says Hamas too willing to end the conflict
Netanyahu's third visit since Trump's return to power comes at a crucial time, with the US president hoping to capitalize...
Geostrategy
Science
WHO backs Qatar to manage Covid risks well at World Cup
The WHO voiced confidence Tuesday that hosts Qatar would successfully manage the Covid-19 risks at the 2022 football World Cup.
- Two million tickets will be sold in total, with another one million reserved for sponsors and the sport's global governing body FIFA
- The Qatari capital Doha, with a population of about 2.4 million, is bracing itself for the huge influx of visitors
Economy
Egypt to receive $500 mn from World Bank to boost food security
Egypt's food security has been under mounting pressure since Russia invaded Ukraine in late February causing massive disruption to exports...
- The new tranche of World Bank financing will go towards "funding wheat purchases" as well as "increasing wheat storage capacities".
- Since the war began, the government has already ramped up wheat purchases from domestic farmers as well as trialing wheat substitutes.
Geostrategy
Turkey seeks extradition of ‘terror suspects’ from Finland, Sweden
Turkey said Wednesday it would seek the extradition of 33 "terror" suspects from Sweden and Finland under a deal that...
- Erdogan lifted his opposition to Sweden and Finland joining NATO after crunch talks ahead of Wednesday's NATO summit, in return for written security guarantees
- Turkey has hailed the agreement, saying Ankara had "got what it wanted"
Business
EU to stop combustion engine sales by 2035 in Europe
The European Union approved a plan to end the sale of vehicles with combustion engines by 2035 in Europe, the...
- The measure, first proposed in July 2021, will mean a de facto halt to sales of petrol and diesel cars as well as light commercial vehicles
- Europe's automotive industry, which is already investing heavily in the move to electric vehicles, fears the social impact of a too-rapid transition
Arts & Culture
Woody Allen says ‘thrill is gone,’ next movie may be his last
The 86-year-old director and comedian spoke for about half an hour with actor Alec Baldwin on the latter's Instagram show.
- The 86-year-old director and comedian spoke for about half an hour with actor Alec Baldwin on the latter's Instagram show
- Allen said the excitement had been in showing his films on the big screen in cinemas, while these days so many people stream their movies at home
Geostrategy
Israel heads towards snap election, Lapid poised to be PM
Israel's parliament is expected to dissolve Wednesday, ending Prime Minister Naftali Bennett's year-long tenure and triggering a fifth election in...
- Bennett's motley alliance formed in 2021 offered a reprieve from an unprecedented era of political gridlock, ending Netanyahu's record 12 consecutive years in power
- Lapid is expected to take office at midnight after parliament gives final approval to a dissolution bill, in accordance with the power-sharing deal he agreed with Bennett last June
Economy
Equities in Asia and Europe tank on recession fears
Fears of a recession caused by sharp interest rate hikes aimed at fighting soaring inflation sent Asian and European markets...
- Wednesday’s selling came after New York's three main indexes tanked in reaction to data showing confidence among US consumers had fallen to its lowest level in more than a year
- Top Fed officials on Tuesday tried to play down the chances of a recession, with the heads of the Fed in San Francisco and New York saying a soft landing could be achieved
Science
Iraq battles with outbreak of cholera as it causes first death
A cholera outbreak in Iraq claimed its first victim Tuesday, with 17 new cases recorded in the country within 24...
- Earlier this month, outbreak was first officially reported with Kirkuk accounting for one of the 13 cases confirmed at that time
- The country's last broad cholera outbreak dates back to 2015, in which the central provinces of Baghdad and Babil was the worst affected
Geostrategy
No concessions given to Turkey to support Finland, Sweden: US
The United States said Tuesday that no concessions were given to Turkey to secure its green light for Swedish and...
- Turkey is an important NATO member in a strategically sensitive location, but it has had often tense relations with its European partners and Washington
- Biden, soon after Russian invaded Ukraine in February, "reached out" to Finland and Sweden "to begin discussions" about them joining the transatlantic alliance
Geostrategy
Hamas publishes video of Israeli detained in Gaza
Gaza's Islamist rulers Hamas on Tuesday published a video of an Israeli Arab detained for seven years in the Palestinian...
- Human Rights Watch, which has previously condemned his "unlawful detention", says he was seen entering Gaza by surveillance systems in April 2015
- In the video published by Hamas's armed wing the Al-Qassam Brigades, Sayed is seen lying on a bed and attached to a ventilator
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UN experts warn of torture risk as US deports migrants to third countries
Geneva, Switzerland -- UN experts decried Tuesday the US resumption of migrant deportations to third countries, including to war-torn South...
Geostrategy
Company News
Latest News
Telefonica to cut 3,421 jobs
Business
US House of Representatives overwhelmingly passes TikTok ban bill
The measure requires TikTok's parent company ByteDance to sell the app within 180 days or see it barred from the...
Geostrategy
Israeli troops kill two Palestinians in West Bank hospital
Asked about the reported deaths, the Israeli military said soldiers "fired toward armed suspects identified in the area" and that...
Germany joins operation to airdrop humanitarian aid into Gaza
"The people in Gaza are lacking the most basic necessities. We want to do our part to ensure that they...
Geostrategy
Most Read
Pilot project for direct aid delivery to north Gaza begins: Israeli army
Aid groups have been warning of the risk of famine in besieged Gaza for weeks, and the UN has reported...
- According to the army, six World Food Program aid trucks "entered the northern Gaza Strip via the '96th' gate on the security fence" on Tuesday
- Without specifically mentioning the new overland route, the WFP wrote on X, formerly Twitter, that it had "delivered enough food for 25,000 people to Gaza City"
Inditex posts record net profit
Inditex, the world's biggest fashion retailer, is owned by Zara.
- The net profit of Inditex reached 5.4 billion euros ($5.9 billion) last year, up 30 percent from 4.1 billion euros in 2022
- The figure was in line with the expectations of analysts polled by financial data firm FactSet, who predicted profits of 5.36 billion euros
Business
Adidas posts 2023 loss
In 2024, it expects sales to grow at a "mid-single-digit rate".
- The loss of 75 million euros ($82 million) followed a profit of 612 million euros the previous year
- Two Yeezy sales in 2023 brought in 750 million euros, well below the 1.2 billion euros of revenue the logo had generated in 2022