Oil climbs and equities diverge as progress on Middle East peace remains elusive
Iran's Revolutionary Guards Corps, meanwhile, said it had launched missile and drone attacks against the headquarters of the U.S. Fifth...
Geostrategy
US strikes southern Iran as Tehran officials head to Qatar for crucial talks
United States forces said they have attacked missile launch sites and mine-laying vessels in southern Iran, in what a US...
Geostrategy
Geostrategy
Syrian leader meets Emmanuel Macron in first European visit
Syrian President Ahmed al-Sharaa on Wednesday met French leader Emmanuel Macron on his first visit to Europe since overthrowing longtime...
- In Paris with Macron, Sharaa will discuss post-war reconstruction and economic cooperation, a Syrian government official said
- France, a former colonial-era ruler of Syria, is eyeing an opportunity to increase its influence in the country after years of Russian presence
Geostrategy
Israel’s plan for Gaza draws international criticism
Israel drew international condemnation over its plans for an expanded Gaza offensive, as the country's far-right finance minister called Tuesday...
- European Union top diplomat Kaja Kallas on Tuesday told her Israeli counterpart in a call that the situation was "untenable."
- Nearly all of the Palestinian territory's 2.4 million people have been displaced at least once during the war, sparked by Hamas's October 7, 2023 attack
Geostrategy
India and Pakistan: a history of armed conflict over Kashmir
New Delhi, India - India and Pakistan exchanged heavy artillery along their contested frontier in Kashmir on Wednesday in a...
- India and Pakistan have fought multiple wars over Kashmir since Partition in 1947
- Ceasefire violations, insurgency, and major clashes like Kargil have marked decades of conflict.
Geostrategy
India launches strikes on Pakistan, Islamabad vows to ‘settle the score’
Pakistan's Defence Minister Khawaja Muhammad Asif accused Indian Prime Minister Narendra Modi of launching the strikes to "shore up" his...
- New Delhi announced it had carried out "precision strikes at terrorist camps" at nine sites in Pakistan-administered Kashmir and in Punjab state
- The Indian army said "justice is served", with New Delhi adding that its actions "have been focused, measured and non-escalatory in nature."
Geostrategy
Turkey, Israel must ease tensions in Syria: analysts
Six months after Bashar al-Assad's fall, Turkey and Israel are both operating in Syria with starkly opposing agendas, stoking fears...
- Over the past week, Israel has struck deep inside Syria, with unconfirmed reports suggesting Turkish and Israeli warplanes had a close encounter over the weekend
- The reports - officially denied by Israel - sparked alarm over the possible consequences of any confrontation in Syria, where Turkey is looking to expand its military footprint
Geostrategy
Indian PM vows to stop waters key to rival Pakistan
New Delhi, India - Prime Minister Narendra Modi said Tuesday that water from India that once flowed across borders will...
- New Delhi has blamed Islamabad for backing a deadly attack on tourists on the Indian side of contested Kashmir last month
- Pakistan rejects the accusations, and the two nuclear-armed neighbours have exchanged nightly gunfire since April 24 along the de facto border in Kashmir
Geostrategy
Hamas says Gaza truce talks pointless as Israel wages ‘hunger war’
Hamas on Tuesday dismissed as pointless ceasefire talks with Israel, accusing it of waging a "hunger war" on Gaza, where...
- The comments from Hamas political bureau member Basem Naim followed Israel's approval of a military plan involving the long-term "conquest of the Gaza Strip."
- Nearly all of the Palestinian territory's 2.4 million people have been displaced at least once during the war, sparked by Hamas's October 7, 2023 attack on Israel
Syria state TV relaunches, months after Assad’s ouster
Damascus, Syria - Syrian state television officially relaunched on Monday with a trial broadcast almost five months after the ouster...
- After Syria's new authorities took power in December, state media and other television channels, radio stations affiliated with Assad's government suspended broadcasting
- The channel showcased its new branding and broadcast images of Damascus and Ummayad Square, where the Public Authority for Radio and Television headquarters are located
Geostrategy
Israel cabinet approves plan for Gaza ‘conquest’
Israel resumed major operations across Gaza on March 18 amid deadlock over how to proceed with a two-month ceasefire that...
- It comes as the United Nations and aid organisations have repeatedly warned of the humanitarian catastrophe on the ground, with famine looming again
- The Israeli official said the expanded operations "will include, among other things, the conquest of the Gaza Strip and the holding of the territories
Geostrategy
Trump eyes Erdogan’s help to end Ukraine war
NATO member Turkey has sought to maintain good relations with both of its Black Sea neighbors since the Russian invasion...
- Trump said on his Truth Social network that Erdogan had also invited him to visit Turkey and that the Turkish leader would be meeting him in Washington
- "I look forward to working with President Erdogan on getting the ridiculous, but deadly, War between Russia and Ukraine ended -- NOW!" Trump posted
Most Read
Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Oil climbs and equities diverge as progress on Middle East peace remains elusive
Iran's Revolutionary Guards Corps, meanwhile, said it had launched missile and drone attacks against the headquarters of the U.S. Fifth...
Geostrategy
Company News
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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
Nigeria refinery aims to be world’s biggest with expansion
Lagos, Nigeria -- Nigeria's Dangote oil refinery, already the largest in Africa, aims to become the biggest in the world...
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...
Geostrategy
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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.
Economy
US Fed will likely cut again despite economic murkiness from shutdown
The central bank's second-to-last rate meeting of the year is taking place against the backdrop of a weeks-long standoff between...
- Without these key insights into the US economy, Fed officials will be forced to set interest rates without the full spectrum of data they normally rely upon.
- The US central bank has a dual mandate from Congress to act independently to tackle both inflation and unemployment.
Geostrategy
The armed groups clashing with Hamas in Gaza
Shortly after a ceasefire took effect in Gaza, clashes erupted between armed groups, some backed by Israel and others loyal...
- Some of these groups are criminal gangs, others consist of members of historically influential Gaza families, and some combine both elements, experts told AFP
- Armed gangs in Gaza are reportedly acting under Israeli protection, and allegedly loot aid convoys entering the territory, where shortages remain dire after Israel's blockade