“Hell to pay”: Trump warns Hamas after Netanyahu talks, threatens Iran with fresh strikes
US President Donald Trump warned Iran of fresh strikes and said Hamas would have "hell to pay" if it fails...
Geostrategy
A saint, a monk, a rock: Bulgaria’s euro coin designs
Sofia, Bulgaria -- Ancient rock art, a patron saint and a monk will be emblazoned on euro coins from Thursday,...
Geostrategy
Geostrategy
West Bank crisis deepens with Israeli employment ban
As the West Bank grapples with its worst economic crisis in two decades, sparked by Israel's ban on Palestinian day...
- As the West Bank grapples with its worst economic crisis in two decades, sparked by Israel's ban on Palestinian day laborers, poverty and despair escalate.
- The move, a response to security concerns after Hamas attacks, leaves approximately 120,000 Palestinian workers and their families in dire straits.
Geostrategy
Britain sanctions ‘Israeli settlers’ in West Bank
London, UK - Britain on Monday announced sanctions on four "extremist Israeli settlers" accused of committing human rights abuses against Palestinians...
- The curbs follow what the UK called "unprecedented levels of violence by extremist settlers in the West Bank" over the past year.
- The sanctions represent a rare move by London and Washington against Israelis, as war rages with Hamas in the Gaza Strip.
Economy
IMF, World Bank say Gaza and Red Sea attacks risk to world economy
World Bank President Ajay Banga said that "what's going on Gaza, but also the challenges of Ukraine... and the Red...
- The Israel-Hamas war raging since October has already hit the Middle East and North Africa region's economy, the IMF chief said.
- She said that if there are other "consequences in terms of where the fighting goes, it could be more problematic for the world as a whole".
Business
Energy transition led Saudi Arabia to halt oil expansion, says official
RIYADH, SAUDI ARABIA – The Kingdom's surprise decision to halt a planned expansion of its oil production capacity reflects ambitions to...
- Aramco announced on January 30 that the energy ministry had ordered it to maintain production capacity at 12 million barrels per day.
- Officials in the world's biggest crude exporter did not explain the move, leaving analysts to speculate that it reflected lack of confidence
Geostrategy
Red Sea issue puts Yemen peace process on hold
DUBAI, UAE- As Houthi attacks roil the Red Sea and Western air raids target the rebels, moves to end Yemen's long-running...
- The Iran-backed Houthis have been fighting a Saudi-led coalition since March 2015, months after they seized the capital Sanaa.
- Hundreds of thousands of people have died in the fighting and from indirect causes such as disease and malnutrition.
Geostrategy
UAE defends Israel ties, calls for two-state solution
Despite maintaining its ties with Israel since the Israel-Hamas war began in October, the UAE has been at pains to...
- The United Arab Emirates and Israel established diplomatic ties in 2020 as part of the US-brokered Abraham Accords
- UAE's ambassador to the UN Lana Nusseibeh said her country has a field hospital in Gaza because of cooperation with Israel.
Geostrategy
Relative of freed Israeli hostages appeals for Gaza deal
Talks have been underway for weeks to secure a second truce in the four-month war, which would see more hostages...
- A special forces raid in Gaza's southern city of Rafah saw Louis Har, 70, and Fernando Simon Marman, 60, freed
- The Hostages and Missing Families Forum stepped up pressure on Israeli authorities to bring home the remaining captives
Geostrategy
Court asks Netherlands to stop export of F-35 parts to Israel
The Appeals Court in The Hague sided with a group of human rights organizations that argued the parts contributed to...
- The Appeals Court in The Hague sided with a group of human rights organizations that argued the parts contributed to violations of law by Israel in its war with Hamas.
- "Israel does not take sufficient account of the consequences for the civilian population when conducting its attacks," said the court.
Business
GPSSA issues circular on pensions, gratuity in UAE
ABU DHABI, UAE – The Emirates General Pension and Social Security Authority (GPSSA) has issued a circular to government and...
- The circular included limiting the procedure of deduction from the pension or end-of-service gratuity for the benefit of GPSSA's debt.
- In cases of unlawful disbursement, GPSSA has the right to deduct from other beneficiaries' shares, proportional to their entitlements.
Business
Several nations eager to join Charter of Cooperation, says OPEC Secretary-General
ABU DHABI, UAE - Secretary-General of the Organization of Petroleum Exporting Countries Haitham Al Ghais said that OPEC is in...
- The names of these countries will be announced after the completion of the ongoing consultations, the OPEC chief said.
- He said the Charter helps facilitate dialogue and exchange views regarding conditions in the global oil and energy markets.
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“Hell to pay”: Trump warns Hamas after Netanyahu talks, threatens Iran with fresh strikes
US President Donald Trump warned Iran of fresh strikes and said Hamas would have "hell to pay" if it fails...
Geostrategy
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World economies reel from Trump’s tariffs
The tariffs are a demonstration of raw economic power that Trump sees putting US exporters in a stronger position while...
Economy
Sweden jihadist jailed for life over Jordan pilot burned alive
Stockholm, Sweden - A Stockholm court on Thursday handed down a life term to Swedish jihadist Osama Krayem over the...
Geostrategy
Trump’s ‘displeasure’ at prospect of allies recognizing Palestinian state
President Donald Trump has expressed displeasure with leaders of France, the United Kingdom and Canada for saying they plan to...
Geostrategy
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Geostrategy
Trump’s envoy Witkoff holds talks in Israel on ceasefire as Gaza criticism mounts
Witkoff has been the top US representative in indirect negotiations between Israel and Hamas but the discussions broke down last...
- Witkoff, who has been involved in months of stalled negotiations for a ceasefire and hostage release deal, met Prime Minister Benjamin Netanyahu shortly after his arrival
- Gaza's civil defence agency reported at least 58 Palestinians killed late Wednesday when Israeli forces opened fire on a crowd attempting to block an aid convoy
Economy
Trump’s global trade policy faces test, hours from tariff deadline
The last-gasp scramble to strike bilateral accords came as an appeals court in Washington considered the legality behind Trump's strategy...
- Trump doubled down on the wide-ranging levies, posting on Truth Social: "Tariffs are making America GREAT & RICH Again."
- So far, Washington has announced pacts with Britain, Vietnam, Japan, Indonesia, the Philippines, South Korea and the European Union.
Geostrategy
‘Gaza, ours forever’: Settlers push to reclaim land amid devastation and political shifts
Within sight of Gaza, the devastated Palestinian enclave ravaged by nearly 22 months of war, hundreds of Israeli settlers marched...
- Israel's withdrawal from Gaza 20 years ago ended 38 years of military presence, and about 8,000 settlers were evacuated and 21 communities demolished
- But a vocal fringe never gave up the dream of return -- and now, amid war with Hamas and with hardliners in government, some believe the time is ripe