IRGC targets US sea drone as Hormuz traffic falls to single digits
The claim came a day after Iran said it had captured an unmanned US submarine drone, while the US military...
Geostrategy
Tehran to announce new Hormuz shipping route in coming days
The announcement comes after Iran signed an agreement with Oman, as shipping traffic plunges, oil prices rise and regional governments...
Geostrategy
Geostrategy
Netanyahu’s Gaza plan: Hamas accuses Israel PM of sacrificing hostages for personal interest
"Netanyahu's plans to escalate the aggression confirm beyond any doubt his desire to get rid of the captives and sacrifice...
- "Netanyahu's plans to escalate the aggression confirm beyond any doubt his desire to get rid of the captives and sacrifice them in pursuit of his personal interests. Hamas said
- The statement was issued as Netanyahu was convening his security cabinet to vote on an expansion of the military campaign in Gaza
Geostrategy
Trump to host Armenia, Azerbaijan for historic ‘Peace Signing’ Friday
US President Donald Trump announced he will host the leaders of Armenia and Azerbaijan on Friday for what he called...
- Armenian Prime Minister Nikol Pashinyan and President Ilham Aliyev of Azerbaijan "will join me at the White House for an official Peace Signing Ceremony," Trump said Thursday
- Baku and Yerevan, sworn enemies for decades, went to war twice over the disputed Karabakh region, which Azerbaijan recaptured from Armenian forces in a lightning 2023 offensive
Geostrategy
A day after Hezbollah’s rebuff, Lebanon cabinet meets again on the group’s disarmament
With Washington pressing Lebanon to take action on the matter, US envoy Tom Barrack has made several visits to Beirut...
- With Washington pressing Lebanon to take action on the matter, US envoy Tom Barrack has made several visits to Beirut in recent weeks
- Prime Minister Nawaf Salam said Tuesday that the government had tasked the military with developing a plan to restrict arms to state forces by the end of 2025.
Geostrategy
Turkey, Senegal discuss defence industry, security cooperation
Turkey's President Recep Tayyip Erdogan said he discussed defence and security cooperation with Senegal's visiting prime minister Ousmane Sonko on...
- "Today we discussed joint steps that we can take in the areas of security, the defence industry and the fight against terrorism," Erdogan told a televised press conference
- "We are pleased with the growing interest of our African brothers in Turkish defence products. We look forward to further strengthening our solidarity," he said.
Geostrategy
Israel seeks full control of Gaza, won’t keep or govern it: Netanyahu
"We want to hand it over to Arab forces that will govern it properly without threatening us and giving Gazans...
- Fox News said the interview occurred just before Netanyahu was to attend a security cabinet meeting on Gaza war plans.
- Netanyahu is expected to seek approval at the meeting for an expansion of military operations, including in densely populated areas where hostages are believed to be held.
Economy
Trump announces 100% chip tariff, pressuring Asian producers
The US president unveiled the levy at the White House on Wednesday ahead of the imposition of sweeping tariffs on...
- shares in Taiwan's TSMC -- world's largest contract maker of chips -- soared nearly 5% after the government said the company will not be affected.
- Trump has previously accused Taiwan of having stolen the US chip industry, and earlier this year, TSMC unveiled a plan to invest an extra $100 billion in the United States.
Business
Electric ‘air taxis’ could debut in Japan from 2027
Tokyo, Japan -- Airline ANA said Thursday that, together with a US start-up, it hopes to have electric "air taxis"...
- ANA and California-based Joby Aviation said they will establish a joint venture with a view to deploying more than 100 of the five-seater aircraft.
- The project primarily envisages trips between Narita and Haneda airports and Tokyo, although the routes can diversify in the future.
Geostrategy
Tourists drawn to Oman’s giant sinkholes
The sinkholes are marketed as a tourist attraction in Dhofar, whose temperate climate draws many visitors from the Gulf during...
- One of the sinkholes is one of the world's biggest: the yawning Kahf Teiq, 211 meters (692 feet) deep and 150 meters wide.
- At the Tawi Atair sinkhole, tourists potter around on concrete paths and stairways.
Geostrategy
Lebanon’s Hezbollah rejects cabinet decision to disarm it, terms it a grave sin
Hezbollah said Wednesday that it would treat a Lebanese government decision to disarm the militant group "as if it did...
- The government said its decision came as part of implementing a November ceasefire that sought to end more than a year of hostilities between Israel and Hezbollah
- Israel has kept up its strikes on Hezbollah and other targets despite the November truce, and has threatened to keep doing so until the group has been disarmed
Geostrategy
Only 1.5% of Gaza farmland usable, reveals latest satellite survey published by FAO
The survey, which dates from July 28, found that 8.6 percent of Gaza's farmland was accessible, but only 1.5 percent,...
- In its previous survey, published at the end of May, the FAO had indicated that less than five percent of Gaza farmland was both accessible and undamaged
- The Israeli offensive has killed at least 61,158 people in Gaza, mostly civilians, according to figures from the Gaza health ministry, which are considered reliable by the UN
IRGC targets US sea drone as Hormuz traffic falls to single digits
The claim came a day after Iran said it had captured an unmanned US submarine drone, while the US military...
Geostrategy
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Trump claims Iran in ‘state of collapse’, says Tehran wants blockade lifted
US President Donald Trump has claimed that Iran is in a “state of collapse” and said Tehran has approached Washington...
Geostrategy
Hezbollah warns it would respond to Israeli ceasefire violations
The exchange came as regional tensions remained high and Iran intensified diplomatic efforts to secure a broader halt to hostilities,...
Geostrategy
Firms lag as AI-driven fraud surges: Study
The report, published by the Association of Certified Fraud Examiners and analytics firm SAS, highlights widening gaps between rapidly evolving...
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Geostrategy
Lebanon ceasefire begins, violations test fragile truce
The truce, brokered by the United States, is intended to halt cross-border fighting between Israeli forces and Hezbollah. Scenes of...
- However, the calm was quickly tested. Lebanon’s army accused Israel of violating the ceasefire, while medics accused it of killing one person one person in the town of Kunin.
- U.S. President Donald Trump said Washington had “prohibited” Israel from carrying out further strikes in Lebanon.
Geostrategy
Middle East conflict may push 30 million into poverty: UNDP
According to a new UNDP policy brief, the impact is most severe in countries directly affected by the fighting and...
- Recommends targeted cash transfers and energy support, warning against costly blanket subsidies in developing economies.
- It is estimated that up to $6 billion may be required, depending on the severity of the crisis.
Geostrategy
Israeli strikes on Lebanon kill dozens
The strikes hit multiple areas, including parts of Beirut, with emergency teams struggling to reach casualties amid heavy congestion. The...
- Israel said the strikes targeted members of Hezbollah in what it described as a “surprise” attack.
- The escalation came hours after a ceasefire was announced between Israel, Iran and the United States.