Israel approves major West Bank settlement project, sparks international outcry
Israel has long had ambitions to build on the roughly 12-square-kilometre parcel known as E1 just east of Jerusalem, but...
Geostrategy
Stock markets cautious with eyes on Ukraine talks, US rates
Markets were also waiting for a key speech by the US Federal Reserve chief this week for clues on interest...
Economy
Geostrategy
US warns Turkey against disrupting its military operation in Syria
While acknowledging Ankara's security concerns in northeast Syria, the US has warned Turkey not to create impediments in its operations...
- White House National Security Council spokesman John Kirby said that while "Turkey does have a right to defend itself," the operations carry a heavy risk
- He noted that the "strategic level" of cooperation with SDF forces was not in danger
Geostrategy
G7, EU agree oil price cap to reduce Russia war funding
The price cap is designed to make it harder to bypass the sanctions by selling beyond the EU. Poland's ambassador...
- The price cap, negotiated between the G7 group and the European Union, will come into effect with an EU embargo on Russian crude oil from Monday
- The embargo will prevent shipments of Russian crude by tanker vessel to the EU, which account for two thirds of imports
Geostrategy
Energy crisis driving climate-friendly power savings, says IEA
PARIS, FRANCE - Russia's invasion of Ukraine has driven countries across the world to boost energy efficiency, creating "huge potential"...
- Governments have scaled up fossil fuel subsidies to cushion the impact of rising energy costs on households in the wake of the Ukraine conflict.
- According to the IEA research, governments, industry and households invested a record $560 billion this year in energy efficiency measures.
Geostrategy
Supporting India’s G20 presidency is a priority for UAE, says Minister
The UAE's Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan has said that the Gulf...
- The UAE will work towards a world where human progress is an inalienable right for all.
- The UAE views the G20 as a forum that plays a critical role in multilateral efforts.
Geostrategy
EU gives US$131 million to WHO Universal Health Coverage Partnership
GENEVA, SWITZERLAND - The World Health Organization (WHO) and the European Commission agreed on reinforcing a decade-long collaboration to accelerate...
- EU contribution will focus on strengthening health systems to make them more resilient and responsive to natural, climate or human-made disasters.
- The partnership with WHO is a key deliverable of the new EU Global Health Strategy adopted by the European Commission.
Geostrategy
OPEC set to stick or cut more amid plan to cap Russian oil price
LONDON, UNITED KINGDOM - Major oil producers are expected to stick to their current output strategy or even slash production...
- In October the OPEC+ agreed to reduce output by two million barrels per day (bpd) from November.
- Since the October meeting, oil prices have been plummeting to their level of early 2022, far from the peaks above $130 a barrel in March
Geostrategy
Israel’s Netanyahu nears coalition after far-right deal
With 32 members of Netanyahu's Likud party and seven Religious Zionism lawmakers in Israel's 120-seat parliament, the former premier still...
- Netanyahu signed the agreements with two other extreme-right factions, the six-member Jewish Power and one-man Noam
- LGBTQ rights groups and activists expressed concern Monday after Netanyahu signed the deal with Maoz granting him a cabinet post
Geostrategy
US sanctions Hezbollah’s accountants, weapons facilitator
The Treasury Department's Office of Foreign Assets Control (OFAC) sanctioned two individuals and two companies for providing financial services to...
- The US Foreign Assets Control (OFAC) sanctioned two individuals and two companies for providing financial services to Hezbollah
- It took action against another individual involved in facilitating weapons procurement for the group
Analysis
Over 200 days of Sheikh Mohamed bin Zayed as UAE President: Decisions, contributions and meetings
The UAE's policy will always support peace and stability in the region and the entire world, based on wisdom and...
- The foreign visits by President Sheikh Mohamed have helped the country in diversifying relations and strengthening strategic partnerships regionally and globally
- He has issued a number of laws and decisions that contribute to supporting the state's development and progress, and consolidating its position internationally
Economy
Eurozone’s unemployment drops to record low
The reading -- the lowest since Eurostat started compiling jobless figures in April 1998 -- was an indicator that the...
- Eurostat estimated that, for the entire 27-nation European Union, 12.95 million adults were unemployed in October
- Younger people had the highest unemployment rate in the EU and its eurozone, at 15.1 percent and 15.0 percent respectively
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Israel approves major West Bank settlement project, sparks international outcry
Israel has long had ambitions to build on the roughly 12-square-kilometre parcel known as E1 just east of Jerusalem, but...
Geostrategy
Company News
DAE, Turkish Airlines ink pact
Business
Latest News
Iran supreme leader prays over bodies of slain Guards
Tehran, Iran--Iran's supreme leader Ayatollah Ali Khamenei mourned Thursday the seven Revolutionary Guards killed in a strike in Syria, which...
Geostrategy
Israel acting against Iran and its proxies, says Netanyahu
Israel has declined to comment on the Damascus strike but analysts saw it as an escalation of Israel's campaign against...
Geostrategy
Israel systematically destroying Gaza healthcare, says MSF
Doctors Without Borders (MSF) said deadly attacks on humanitarian staff showed either deliberate intent or reckless incompetence, and called for...
Geostrategy
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Geostrategy
Israel revokes leave for all combat units amid Iran threat
Jerusalem - The Israeli army has suspended leave for its combat units, it said on Thursday, amid the Gaza war...
- Israeli media reported that the military was also calling up more reservist soldiers "against the background of the visible threats from Iran".
- The Israeli military also said that, after a "situational assessment, it was decided to increase manpower and draft reserve soldiers to the IDF Aerial Defense Array".
Geostrategy
Sweden Quran burner arrested in Norway, faces deportation
OSLO, NORWAY – An Iraqi refugee in Sweden who stoked international outrage by repeatedly desecrating the Quran last year has been...
- According to a ruling by the Oslo District Court, Salwan Momika,was arrested on March 28 -- a day after he arrived.
- In the court's ruling it said "a deportation will take place as soon as the formal and practical arrangements are in place."
Geostrategy
‘Shocking increase’ of children denied aid in conflicts: UN
In addition to access to humanitarian aid, the UN's report on children and armed conflict also lists the number of...
- UN report published last year recorded nearly 4,000 confirmed cases of aid being denied to children
- Half of the cases in last year's UN report were of Israeli forces denying aid to children in Gaza