UAE quits OPEC, reshaping global oil politics
The decision marks one of the most significant ruptures in the producer group's recent history. Long viewed as one of...
Geostrategy
Humanoid robot outpaces human half-marathon record in Beijing trial
Dubai, UAE -- A humanoid robot completed a half-marathon in China in a time faster than the human world record,...
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Geostrategy
Sudan refugees face agonizing wait in overcrowded camps
Renk is just 10 kilometers (six miles) from Sudan, where fighting broke out in April last year between army chief...
- Nearly 560,000 displaced people have taken refuge in South Sudan, according to the UN, which estimates that around 1,500 new arrivals turn up in the country every day
- UN says 25 million people in Sudan need humanitarian assistance, while around 3.8 million children under the age of five are suffering from malnutrition
UN agencies warn of ‘explosion’ in Gaza child deaths
Twenty weeks into Israel's war against Hamas in the Gaza Strip, UN agencies warned that food and safe water had...
- At least 90 percent of children under five in Gaza are affected by one or more infectious diseases, according to a joint assessment by the UN agencies
- Seventy percent children had had diarrhea in the two weeks prior to the assessment, marking a 23-fold increase compared to the 2022 baseline
Geostrategy
Brazil summons Israeli ambassador as Gaza row escalates
The Brazilian foreign ministry said it has also recalled its own ambassador from Tel Aviv for consultations, after Israel summoned...
- Israeli Prime Minister Benjamin Netanyahu said Lula had "crossed a red line"
- The leftist leader has also faced backlash at home over his statements
Geostrategy
‘Israeli army tortures and rapes Palestinian girls’
The experts have expressed concern that an unknown number of Palestinian women and children, including girls, have reportedly gone missing...
- Palestinian women and girls have reportedly been arbitrarily executed in Gaza, often together with family members, including their children, a UN press statement said
- Experts have called for an independent, impartial, prompt, thorough, and effective investigation into the allegations and for Israel to cooperate with such investigations.
Geostrategy
Israel says Brazil’s Lula ‘persona non grata’ for Holocaust remarks
Lula's remarks on Sunday sparked outcry in Israel after the Brazilian leader said the ongoing conflict in the Gaza Strip...
- Brazilian president on Sunday said the ongoing conflict in the Gaza Strip "isn't a war, it's a genocide" and compared it to "when Hitler decided to kill the Jews"
- "He's persona non grata in the state of Israel so long as he doesn't retract his remarks and apologize," Israeli foreign minister Katz said of Brazilian leader
Business
Construction in China-Saudi Arabia ethylene project begins
FUZHOU, CHINA - Construction of the main complex of a joint-investment ethylene project, which involves petrochemicals giant Saudi Basic Industries...
- The project is being built in the Gulei petrochemicals base in Zhangzhou city, in eastern China’s Fujian Province.
- The project entails a total investment of $6.3 billion from SABIC and Fujian Energy Petrochemical Group Co. Ltd.
Business
Iran-EU trade surpasses US$5bn in 2023, says Eurostat
TEHRAN, IRAN - The Statistical Office of the European Union (Eurostat) reported that Iran and the 27 European Union member...
- Trade between Iran and member states of the EU recorded a decrease of 9 percent from January to December 2023.
- During that period, the exchange of products between Iran and the EU member states was valued at US$5 billion.
Geostrategy
Gaza war effect: Israel’s GDP shrinks by 20% in the last quarter of 2023
Overall, Israel's GDP grew by 2.0 percent in 2023, short of the 2.3 percent projection made by the Bank of...
- It was the single worst quarter for the Israeli economy in terms of GDP per capita since the opening quarter of the Covid pandemic in early 2020.
- The country has seen massive labor shortages and the collapse of the tourism industry since the outbreak of war.
Geostrategy
Norway deal averts Palestinian financial collapse: govt
The portion of the revenues that Israel will transfer to Norway will remain in a Norwegian account until the parties...
- Under a 1994 agreement, the PA receives taxes that Israel collects on its behalf -- but Israel has withheld some of these since Hamas's attack
- The Palestinian Authority has refused to accept any transfers unless Israel changes its decision, an impasse that has lasted for several months
Israel sets Ramadan deadline for offensive on Gazan city Rafah
Fearing the potential for mass casualties, foreign governments and aid organizations have repeatedly urged Israel to spare Rafah, the last...
- Speaking at the Rafah offensive in Jerusalem conference on Sunday, Netanyahu renewed his vow "to finish the job to get total victory" over Hamas, with or without a hostage deal
- Benny Gantz said that an offensive would be carried out in a coordinated manner to facilitate an evacuation to minimize the civilian casualties as much as possible"
UAE quits OPEC, reshaping global oil politics
The decision marks one of the most significant ruptures in the producer group's recent history. Long viewed as one of...
Geostrategy
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Israel demands release of all hostages after Hamas backs new truce offer
Mediators are awaiting an official Israeli response to the plan, a day after Hamas signaled its readiness for a fresh...
Geostrategy
Syria commission says more than 300,000 may have gone missing since 1970s
The head of Syria's commission for missing persons said Monday the number of people who went missing during decades of...
Geostrategy
Under Rubio, US has revoked visas of 6,000 students deemed to counter US interests
Rubio, to the delight of President Donald Trump's right-wing base, has proudly moved against students using an obscure law that...
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Dubai police retrieve stolen diamond worth $25 million
Dubai, United Arab Emirates -- Dubai police said on Monday they caught three thieves just hours after they stole a...
- A diamond trader who had brought the jewel from Europe was lured to a villa by a crime gang under the pretense of a viewing by a potential wealthy client, police said.
- But the gem was stolen when the diamond dealer arrived for the bogus inspection, the statement added.
Geostrategy
Hamas accepts new Gaza truce proposal from mediators Qatar and Egypt
"The movement has submitted its response, agreeing to the mediators' new proposal. We pray to God to extinguish the fire...
- Egypt said it and Qatar had sent the new proposal to Israel, adding "the ball is now in its court". Israel has yet to respond.
- A Palestinian source familiar with the talks said mediators were "expected to announce that an agreement has been reached and set a date for the resumption of talks".
Geostrategy
Zelensky returns to site of stunning Oval Office shouting match to talk peace with Russia
European leaders will join Zelensky in Washington on Monday, seeking above all else to prevent another Oval Office meltdown -- but...
- On Friday, Trump met with Putin in Alaska to discuss the Ukrainian conflict, promising to run any proposals by both Ukraine and its European allies before agreeing to a deal
- European leaders will join Zelensky in Washington on Monday, seeking above all else to prevent another Oval Office meltdown