Cash-strapped Gazans left disappointed as first banks reopen
Deir el-Balah, Palestinian Territories -- The Palestinians trying to rebuild their lives in the ruins of Gaza are short of...
Geostrategy
Iran says no longer bound by ‘restrictions’ on its nuclear programme
Iran said on Saturday that it was no longer bound by restrictions on its nuclear programme as a landmark 10-year...
Geostrategy
Geostrategy
EU close to ratify new deal on asylum seeker and migrants
Part of the aim of the revised policy is for European Union countries to act together should they be faced...
- Once implemented, the new Pact on Migration and Asylum would seek to relieve the pressure on so-called frontline countries such as Italy and Greece.
- Those countries opposed to hosting asylum-seekers -- Poland and Hungary among them -- would be required to pay the ones that do take migrants in.
Business
UAE, Egypt central banks ink currency swap deal
ABU DHABI, UAE - The Central Bank of the UAE (CBUAE) and the Central Bank of Egypt (CBE) on Thursday...
- The CBUAE is keen to deepen its cooperation with the CBE to positively impact the trade and investment, said the Governor of UAE’s central bank.
- This step will bolster cooperation between the financial sectors in both the currencies, said the Governor of Egypt’s central bank.
Geostrategy
Israel sells Arrow 3 missile defense system to Germany for US$3.5bn
TEL AVIV, ISRAEL - Israel's US$3.5-billion sale of its Arrow 3 missile defense system to Germany, sparked by security fears after...
- Israeli arms exports reached a new record of $12.5 billion dollars last year, double the amount from three years earlier, says its defense ministry.
- Israel, together with its top ally the United States, has developed hi-tech systems designed to knock incoming rockets and missiles out of the sky.
Geostrategy
Israel top court hears appeals against rules for removing prime minister
Israel's top court debated appeals against a law restricting how a prime minister can be removed from office, as current...
- The legislation says that a prime minister can be declared unfit for office due to health reasons.
- The law says a two-thirds majority in cabinet is required to take such a step, before the move is approved by at least 80 of the parliament's 120 members.
US allows visa free entry for Israelis citing less discrimination
The Biden administration made the decision after Israel in July promised a series of steps to comply with longstanding US...
- By the end of November, Israelis will be in the same league as citizens of most Western nations by not needing visas for trips of 90 days or less to the world's largest economy
- A number of lawmakers from Biden's own Democratic Party had urged Blinken not to go ahead before a Saturday deadline and instead exert pressure for greater change.
Geostrategy
Iran successfully test fires military satellite, says state media
Wednesday's launch was carried out by the aerospace wing of the Islamic Revolutionary Guard Corps (IRGC), the ideological arm of...
- "The Nour-3 imaging satellite... was successfully placed in orbit 450 kilometers (280 miles) above earth," the IRNA news agency said.
- The United States has repeatedly warned Iran against such launches, saying the same technology can be used for ballistic missiles.
Economy
World Bank chief vows to tackle ‘dysfunctionality’ at development lender
The former Mastercard chief executive told the Council on Foreign Relations in New York that the bank should alter its...
- Banga has previously called on World Bank to collaborate more closely with the private sector to meet the enormous costs associated with climate change mitigation and adaption
- On Tuesday, Banga said the bank should carefully target where it wants to encourage private investment to help cap carbon emissions in order to have the biggest impact
Saudi envoy seeks to reassure Palestinians amid Israel talks
Sudairi's delegation, which crossed overland from Jordan, was the first from Riyadh to visit the West Bank since the 1993...
- In a sign of the thaw, Israel's Tourism Minister Haim Katz visited Riyadh on the same day, for the first such high-level public mission to the oil-rich kingdom
- Speaking at a ceremony Tuesday marking the 1973 Arab-Israeli war, Israeli Prime Minister Benjamin Netanyahu said "many states in the Middle East want peace with Israel"
Geostrategy
Erdogan confirms that Turkey will host Netanyahu in the next two months
New York, Washington - Turkish President Recep Tayyip Erdogan has announced that Prime Minister Benjamin Netanyahu is scheduled to visit...
- Two leaders met in New York on the sidelines of the 78th session of United Nations General Assembly
- Netanyahu was due to travel to Turkiye in July, but postponed the trip as he had a pacemaker implanted
Geostrategy
France warns Lebanon financial aid at risk over presidency deadlock
French President Emmanuel Macron's special envoy urged Lebanese factions to find a "third way" for electing a new president, warning...
- Lebanon has been without a president for almost a year after ex-head of state Michel Aoun's mandate expired.
- Lebanon's president is elected by parliament, where neither side has a majority, rather than by universal suffrage.
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Cash-strapped Gazans left disappointed as first banks reopen
Deir el-Balah, Palestinian Territories -- The Palestinians trying to rebuild their lives in the ruins of Gaza are short of...
Geostrategy
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US imposes sanctions to curb Iran oil despite talks
The United States said Wednesday it was imposing sanctions on seven companies involved in selling Iranian oil, tightening pressure despite...
Geostrategy
UAE says foils bid to transfer weapons to Sudan army
"The security services succeeded in preventing the transfer of a quantity of military equipment to the Sudanese Armed Forces following...
Geostrategy
Syria FM says wants to ‘strengthen relations’ with China
Syrian Foreign Minister Asaad al-Shaibani expressed on Monday his government's willingness to build a "strategic partnership" with China, a key...
Geostrategy
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Geostrategy
UN rights chief demands world act to stop Israel’s Gaza ‘catastrophe’
"As the complete blockade of assistance essential for survival enters its ninth week, there must be concerted international efforts to...
- It halted aid deliveries to Gaza on March 2, days before the collapse of a ceasefire that had significantly reduced hostilities after 15 months of war.
- Supplies are dwindling and the UN's World Food Programme last Friday said it had sent out its "last remaining food stocks".
Geostrategy
UN ‘alarmed’ by US strikes in Yemen that Huthis say killed 68 migrants
The United Nations expressed deep alarm on Monday at reports that US strikes on Yemen killed scores of people at...
- The US military has hammered the Iran-backed Huthis with near-daily strikes since March 15 in an operation dubbed "Rough Rider."
- Huthi-controlled media said the latest strikes on the movement's stronghold of Saada killed at least 68 people, all Africans
Geostrategy
Amnesty accuses Israel of ‘live-streamed genocide’ against Gaza Palestinians
Paris, France - Amnesty International on Tuesday accused Israel of committing a "live-streamed genocide" against Palestinians in Gaza by forcibly...
- In its annual report, Amnesty charged that Israel had acted with "specific intent to destroy Palestinians in Gaza, thus committing genocide."
- Israel has rejected accusations of "genocide" from Amnesty, other rights groups and some states in its war in Gaza