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
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...
Economy
Geostrategy
Violence breaks out in Tripoli as two Libyan rival groups clash
Peace eludes Libya two years after a landmark truce ended a ruinous attempt by eastern military chief Khalifa Haftar to...
- According to media reports the fighting, with light and heavy weapons, occurred in the El Jebs district in the city's south
- Although the transitional government had a mandate to lead the country to elections last December, but they never took place due to division over candidates
Business
Masdar, TANESCO JV to develop renewable energy projects in Tanzania
As a first step, the two companies intend to develop solar photovoltaic (PV) and onshore wind projects with a capacity...
- As a first step, the two companies intend to develop solar photovoltaic (PV) and onshore wind projects with a capacity of about 600MW
- The joint venture will further explore the development of projects with a total capacity of at least 2,000MW
Geostrategy
Tens of thousands pray in show of force by Iraq cleric Sadr
Sadr, a longtime political and religious force in the oil-rich but war-scarred country, has for months been in a political...
- After the prayers, hundreds returned to the vicinity of parliament, whose air conditioned halls and marble floors they had occupied since last Saturday
- Supporters of Sadr are ready to follow him almost blindly and view him as a champion of the anti-corruption fight.
Analysis
French business ties build on Saudi mega projects
Recent strategic Saudi-French partnership deal becomes crucial as Paris, with its expertise in key sectors, may help the Kingdom in...
- Recent strategic Saudi-French partnership deal becomes crucial as Paris, with its expertise in key sectors, may help the Kingdom in achieving the goals set under Vision 2030
- Saudi Arabia is a new El Dorado for business with projects such as Neom, Al Ula, Read Sea and others, says Bertrand Besancenot, former French ambassador in Riyadh
Geostrategy
Islamic Jihad militant among 15 killed in Israel strike on Gaza
Gaza's health ministry reported "a five-year-old girl, targeted by the Israeli occupation" was among nine people killed. A further 55...
- The Israeli army said the bombardment was part of an operation "against targets in the Palestinian Islamic Jihad" group.
- Flames poured out of a building in Gaza City following the air strikes, while wounded Palestinians were evacuated by medics.
Geostrategy
Iraq confirms Turkey’s intention to enhance water release
Iraq's Ministry of Water Resources said Ankara's intends to increase the quantum of water to be released to the Tigris...
- Iraq's Ministry of Water Resources said that Turkey will increase the quantum of water to be released in the Tigris River
- The ministry said that a Turkish delegation will visit Iraq to look into the water reserves and construction of dams
Economy
Three more grain ships leave Ukraine: Turkey
Moscow and Kyiv agreed in Istanbul last month to resume shipments of wheat and other grain from Ukrainian ports for...
- Moscow and Kyiv agreed in Istanbul last month to resume shipments of wheat and other grain from Ukrainian ports for the first time since Russia invaded its neighbor in February
- The ship's passage is being overseen by an international team that includes officials from Turkey, the UN and the two warring parties
Geostrategy
What is Iraqi cleric Sadr’s latest political endgame?
Nomination of former cabinet minister Mohammed Shia al-Sudani as prime minister angered the Sadrists and triggered their occupation of parliament.
- Nomination of former cabinet minister Mohammed Shia al-Sudani as prime minister angered the Sadrists and triggered their occupation of parliament
- In multi-confessional and multi-ethnic Iraq, government formation has involved complex negotiations since a 2003 US-led invasion toppled dictator Saddam Hussein
Geostrategy
Syrian ship accused of carrying stolen Ukranian grain leaves Lebanon
The Laodicea, which was docked in the northern port of Tripoli, was cleared to leave after investigations failed to prove...
- Kyiv's embassy in Lebanon had claimed that the grain cargo was loaded from a region occupied by Russian forces
- Ukraine has repeatedly accused Moscow's forces of ransacking its grain warehouses since Russia invaded the country in late February
Geostrategy
Iran says sending team to resume nuclear talks in Vienna
Negotiations in Vienna began in April 2021 to restore the deal, but have stalled for the past five months amid...
- Iran foreign ministry statement said that Iran hoped the opposing parties will seriously focus on resolving the remaining issues
- Earlier, coordinator of the nuclear talks between Iran and world powers, Josep Borrell submitted a new draft text and urged all sides to accept it
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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
Company News
Latest News
European Union slaps $1.9bn fine on Apple over violation of rules
Brussels, Belgium - The EU on Monday hit Apple with a more than 1.8-billion-euro fine ($1.9 billion) for violating the bloc's...
Business
Iran declares 41 percent voter turnout in key elections
Tehran, Iran - Iran on Monday announced a turnout of 41 percent in last week's elections for parliament and a key...
Geostrategy
Western countries shelve plans to censure Iran at UN nuclear meet
Western powers will not censure Iran over its lack of cooperation with the UN nuclear watchdog at its Board of...
Geostrategy
Most Read
Geostrategy
Diplomacy the ‘only way’ to end Israel-Hizbollah clashes: US envoy
"A diplomatic solution is the only way to end the current hostilities" and achieve "a lasting fair security arrangement between Lebanon...
- Israel and Hizbollah movement have been exchanging near-daily fire since October, raising fears all-out conflict could spread across the region.
- Hochstein held talks with other senior officials including Prime Minister Najib Mikati and army chief Joseph Aoun in a push to halt violence along the border with Israel.
Geostrategy
Israel destroys home of Palestinian accused of killing settlers
Israel routinely demolishes the homes of Palestinians accused of carrying out attacks, arguing that such measures act as a deterrent, while critics say it...
- The apartment of Moaz al-Masry, who was killed by Israeli forces following the April 7 attack, was demolished in the early hours
- Masry, along with two others, was accused of shooting dead Israeli settler Leah Dee and her daughters Maia and Rina
Geostrategy
UN says ‘delusional conspiracy theories’ behind global violence
Geneva, Switzerland - The pernicious "'great replacement' conspiracy theories" spreading in many countries are "delusional" and racist and are directly spurring...
- United Nations High Commissioner for Human Rights Volker Turk also took aim at the "war on woke", which he stressed was "really a war on inclusion"
- Turk insisted that racially mixed and multicultural societies were not something to fear but should be seen as a benefit to people everywhere