Trump speaks with Putin ahead of Zelensky visit
Donald Trump held a crucial phone call with Russian leader Vladimir Putin Thursday, a day before Ukraine's Volodymyr Zelensky meets...
Geostrategy
US Treasury chief: Beijing’s rare earths control is ‘China versus the world’
Washington, United States -- US Treasury Secretary Scott Bessent slammed Beijing's rare earth export curbs Wednesday as "China versus the...
Geostrategy
Geostrategy
Iran denounces new Western sanctions on Amini death anniversary
Slamming the new sanctions imposed by the Western countries on the Islamic republic, Iran's foreign ministry spokesman Nasser Kanani termed...
- US sanctions targeted 25 Iranian officials, three media outlets and an internet censorship firm onto their sanctions blacklist
- Last year's Amini protests saw hundreds of people killed, including dozens of security forces, and thousands arrested
Economy
UAE and Russia look to boost ties in education, space, scientific research
Moscow, Russia--The UAE and Russia are looking to strengthen the bilateral cooperation in higher education, scientific research, space, and engineering...
- Ahmad Belhoul Al Falasi, Minister of Education, and Valery Falkov, Minister of Science and Higher Education of Russia, held discussions to boost cooperation in many sectors
- The UAE minister visited the Moscow State Technical University, where he saw its research centres and learnt about the latest scientific and engineering tech solutions
Geostrategy
Remove sanctions to restore Black Sea Grain Initiative: Russian Ambassador to US
Washington, United States - Russian Ambassador to Washington, Anatoly Antonov, on Friday asked the United States to remove sanctions barriers...
- Antonov's statement comes in response to comments by US National Security Adviser Jake Sullivan, who expressed skepticism about a swift return to the initiative
- Ambassador Antonov stressed that Russia has consistently expressed its willingness to reopen the doors to the initiative provided its concerns were addressed
Geostrategy
Blinken likely to visit Saudi, Israel, West Bank in October to discuss normalization
Tel Aviv, Israel - US Secretary of State Antony Blinken is considering a trip to the Middle East in October...
- The US State Department has also issued a statement marking the third anniversary of the historic Abraham Accords
- US National Security Adviser Jake Sullivan and Middle East czar Brett Mcgurk have also made visits to Riyadh in July and last week
Economy
UAE to launch digital-response platform to aid disaster-hit countries
New York, US--The UAE has announced the launch of a new digital response platform that will support disaster-affected countries to...
- The digital-response platform will let disaster-hit countries to communicate what aid is needed, allowing partners to accelerate aid delivery
- The UAE private sector during the last five years has made contributions to the tune of US$ 250 million to humanitarian efforts globally
Geostrategy
Europe’s tussle with Big Tech involves dominance, data, disinformation
Paris, France - Irish regulators on Friday handed out a 345-million-euro ($369-million) fine to TikTok over data breaches, part of a...
- Ireland issues the most stringent fines on this front as Dublin hosts the European offices of several big tech firms and data privacy is enforced by local regulators.
- The EU has had little success in getting tech companies to pay more taxes in Europe, where they are accused of funneling profits into low-tax economies.
Geostrategy
Libya flood toll is partly due to years of division, say analysts
TRIPOLI, LIBYA - Over a decade of bloody power battles in Libya have resulted in vital infrastructure falling into disrepair, culminating...
- Libya has been wracked by conflict and division ever since a NATO-backed uprising toppled and killed longtime dictator Moamer Kadhafi in 2011.
- Tripoli-based prime minister blamed the tragedy on the absence of adequate development plans and the "effect of the years" on the dams.
Geostrategy
UAE, China’s Hainan Province ink multiple deals to boost trade, economic ties
DUBAI, UAE - The UAE and China's Hainan Province have signed four major private-sector agreements aimed at boosting the rapidly...
- UAE Minister of State for Foreign Trade promoted the country’s unrivalled access to global markets, which have been enhanced by CEPA program.
- He highlighted the growing relationship between Hainan and the UAE, which resulted in bilateral non-oil trade doubling in 2022 to reach $900 million.
Geostrategy
Iran seizes two oil tankers and arrests crews for alleged fuel smuggling
Tehran, Iran - Iran has seized two oil tankers allegedly carrying smuggled fuel in the Gulf and arrested their crews, state...
- "The seized tankers... flying the flags of Panama and Tanzania were transporting more than 1.5 million litres (400,000 gallons) of Iranian oil and gas," an official said.
- In recent weeks, the US military has intensified its presence in the Gulf, accusing Iran of seizing vessels, or attempting to, in this shipping lane.
Business
Turkey-China nuclear power plant deal possible soon: Minister
Dubai, UAE -- The talks between Turkey and China to build a nuclear power plant in eastern Thrace are progressing and...
- Senior officials from the Chinese government visited eastern Thrace and saw the sites where the construction is planned, Middle East Eye reported.
- Russia is already building a power plant in Akkuyu that will become partly operational next year.
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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
Trump speaks with Putin ahead of Zelensky visit
Donald Trump held a crucial phone call with Russian leader Vladimir Putin Thursday, a day before Ukraine's Volodymyr Zelensky meets...
Geostrategy
Company News
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From tariffs to deportations, Trump’s first 100 days signal imperial shift in US leadership
Trump has also stepped up the sense of an endless reality show in which he is the star, as he...
Geostrategy
Gaza rescuers say Israeli air strikes kill 25 and injure dozens of Palestinians
Gaza City, Palestinian Territories -- Gaza's civil defense agency reported that Israeli air strikes since dawn on Sunday have killed...
Geostrategy
US aid cuts strain response to health crises worldwide: WHO
Riyadh, Saudi Arabia -- The United States slashing foreign aid risks piling pressure on already acute humanitarian crises across the...
Geostrategy
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Business
Global tax plans targeting super rich and tech giants stall under Trump
Paris, France -- Global tax plans targeting billionaires and multinational companies are running aground, with the United States torpedoing reforms...
- Countries have accused Amazon, Microsoft, Google owner Alphabet and Facebook's parent company Meta of sidestepping local taxes.
- Trump issued a warning on February 21 to countries that would hit big tech and other US companies with fines or taxes that are "discriminatory, disproportionate".
Geostrategy
‘Resist Tyranny’: Another round of anti-Trump demonstrations hit major US cities
Many took aim at Trump's deportations of undocumented migrants, chanting "No ICE, no fear, immigrants are welcome here," a reference...
- In New York, people gathered outside the city's main library carrying signs targeting the US president with slogans like "No Kings in America" and "Resist Tyranny."
- In Washington, protesters voiced concern that Trump was threatening long-respected constitutional norms, including the right to due process.
Geostrategy
US Supreme Court intervenes to pause Trump deportations
Washington, United States - The US Supreme Court, in a dramatic nighttime intervention Saturday, paused President Donald Trump's unprecedented use...
- The emergency ruling, delivered in two terse paragraphs, noted that two of the most conservative of the nine justices had dissented
- The order temporarily prevents the government from continuing to expel migrants under the 1798 Alien Enemies Act