Hezbollah chief says won’t surrender under Israeli threats
Hezbollah leader Naim Qassem said Sunday his group would not surrender or lay down its weapons in response to Israeli...
Geostrategy
Hosting BRICS, Brazil’s Lula hits out at ‘genocide’ in Gaza
"We cannot remain indifferent to the genocide carried out by Israel in Gaza, the indiscriminate killing of innocent civilians and...
Geostrategy
Science
China’s zero-Covid policy leaves a long trail of medical waste
Hazmat-suited workers poke plastic swabs down millions of throats in China each day, leaving bins bursting with medical waste that...
- From Beijing to Shanghai, Shenzhen to Tianjin, cities are now home to an archipelago of temporary testing kiosks
- Mass testing appears set to stay as Chinese authorities insist zero-Covid has allowed the world's most populous nation to avoid Covid spread
Business
EU terms blockade of Ukraine grain by Russia ‘real war crime’
EU foreign policy chief Josep Borrell said Monday that Russia should be held "accountable" if it keeps blocking the export...
- Western countries have demanded Moscow to stop blockading Ukraine's Black Sea ports to allow grain export
- French Foreign Minister insisted that "Russia must stop playing with global hunger" as it seeks leverage on the West
Economy
Asian markets and oil prices tank on recession concerns
Asian markets fell again Monday and oil prices extended losses on growing fears that central bank moves to rein in...
- The losses come after a sell-off last week fueled by the Federal Reserve's sharp interest rate hike last week, the biggest in nearly 30 years
- In early trade, Asian traders were struggling, with Tokyo, Hong Kong, Shanghai, Sydney, Singapore, Seoul, Taipei, Jakarta and Wellington all in the red
Economy
Inflation, subsidy reform hit stomachs in isolated Iran
Inflation is making an unwelcome comeback globally -- stoked by high energy and food prices, driven largely by Russia's invasion...
- Economic analyst Saeed Laylaz believes price growth in Iran has exceeded 40 percent annually since 2018
- In Tehran's marketplaces, attention is focused on the consequences and effects of inflation, rather than its causes
Geostrategy
Israel warns citizens to leave Turkey amid threat of Iran attacks
Israeli Foreign Minister Yair Lapid will visit Turkey next week, his office said Sunday, days after he urged Israelis to...
- Lapid will visit Turkey on Thursday and meet his counterpart Mevlut Cavusoglu, an Israeli foreign ministry statement said
- The stark warning came amid the latest surge in tensions between bitter rivals Iran and Israel, with Tehran blaming the Jewish state for a series of attacks in Iran
Geostrategy
Tunisian protesters decry constitutional reform plans, judicial purge
Hundreds demonstrated on Sunday in Tunisia's capital against a planned referendum on constitutional changes and President Kais Saied's recent firing...
- The new constitution is the centerpiece of reform plans by Saied and is set to go to referendum on July 25, one year after he sacked the government and suspended parliament.
- He has steadily extended his power grab since then, including by dissolving parliament in March.
Business
Germany declares emergency steps to meet energy demand
Berlin has managed to reduce the share of its natural gas supplied by Russia from 55 percent before the invasion...
- The move comes after Moscow turned up the pressure on Western allies, sharply reducing flows of natural gas.
- Germany is among several European countries that are highly reliant upon Russian gas for their energy needs.
Business
Italy’s Eni joins giant Qatar gas project after Russian cuts
Eni will own a stake of just over three percent in the $28 billion North Field East project, the world's...
- The project's LNG -- the cooled form of gas that makes it easier to transport -- is expected to come on line in 2026.
- It will help Qatar increase its liquefied natural gas production by more than 60 percent by 2027.
Economy
US Federal Reserve hints at another interest rate hike
Federal Reserve Governor Christopher Waller on Saturday threw his support behind another large interest rate increase next month. The Fed on...
- The super-sized rate increase came as the Fed faces intense pressure to curb soaring gas, food, and housing prices
- According to Fed Governor, central bankers were trying to prepare markets by offering guidance about when it would stop purchasing bonds
Geostrategy
Israel pounds Gaza with airstrikes after Hamas rocket fire
Israeli warplanes hit Hamas military sites in the Gaza Strip on Saturday in retaliation for rocket fire from the Palestinian...
- According to the officials, Israeli aircraft targeted a weapons manufacturing site and three military posts belonging to Hamas
- Defense ministry has suspended an increase in Israeli entry permits for Gazan workers in response to the firing of a rocket toward Israel
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Hezbollah chief says won’t surrender under Israeli threats
Hezbollah leader Naim Qassem said Sunday his group would not surrender or lay down its weapons in response to Israeli...
Geostrategy
Company News
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China, Russia and Iran to launch joint navy drills in Gulf of Oman
Beijing, China - The navies of China, Russia and Iran are staging joint drills in the Gulf of Oman this week,...
Geostrategy
UN head urges ‘silencing the guns’ in Gaza ahead of Ramadan
"We have witnessed month after month of civilian killing and destruction at a level that is unprecedented in all my...
Geostrategy
Bitcoin hits fresh record above $72,000
Bitcoin hit a fresh record above $72,000 on Monday as demand for the cryptocurrency picks up amid optimism that the...
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Geostrategy
Hamas still open to Gaza truce talks, says Ismail Haniyeh
Hamas chief said in a televised speech that Israel was unwilling to meet Hamas's conditions for a deal that would...
- He said Hamas wanted a durable ceasefire, a withdrawal of Israeli troops from Gaza
- Israel says 99 hostages remain alive and that 31 have died so far in Gaza
Geostrategy
Putin set for election coronation in vote with no opposition
Ballots will also be cast in the four Ukrainian regions Moscow claimed to have annexed in 2022, as well as...
- In power as president or prime minister since the final day of 1999, Putin has quashed all forms of opposition and dissent
- Victory in the March 15-17 contest will allow him to stay in the Kremlin until at least 2030, longer than any Russian leader since Catherine the Great in the eighteenth century
Geostrategy
Israel’s PM rejects Biden critique of war policy in Gaza
His comments came one day after Biden said Netanyahu "must pay more attention to the innocent lives being lost as...
- Netanyahu disputed the death toll issued by the health ministry in Gaza
- He said his policies were "supported by the overwhelming majority of the Israelis"