Houthi attacks on Saudi Arabian cities wounds dozens of civilians, including children
Major-General Turki al-Maliki, the spokesman for the Saudi-led coalition fighting in Yemen, said in a statement that the Houthi attacks...
Geostrategy
Iran war puts fresh pressure on oil flows, shipping as Tehran asks UN to intervene
Renewed US-Iran hostilities are disrupting energy flows, restricting Strait of Hormuz shipping and intensifying economic pressure as Tehran warns against...
Geostrategy
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...
- Trump doubled down on the wide-ranging levies, posting on Truth Social: "Tariffs are making America GREAT & RICH Again."
- So far, Washington has announced pacts with Britain, Vietnam, Japan, Indonesia, the Philippines, South Korea and the European Union.
Geostrategy
‘Gaza, ours forever’: Settlers push to reclaim land amid devastation and political shifts
Within sight of Gaza, the devastated Palestinian enclave ravaged by nearly 22 months of war, hundreds of Israeli settlers marched...
- Israel's withdrawal from Gaza 20 years ago ended 38 years of military presence, and about 8,000 settlers were evacuated and 21 communities demolished
- But a vocal fringe never gave up the dream of return -- and now, amid war with Hamas and with hardliners in government, some believe the time is ripe
Geostrategy
Syrian, Israeli ministers to hold meeting in Baku on Thursday: diplomat
A Syrian-Israeli ministerial meeting is set to take place Thursday in Baku to discuss security matters in southern Syria, a...
- The meeting between Syrian Foreign Minister Asaad al-Shaibani and Israeli Minister of Strategic Affairs Ron Dermer follows a similar meeting between them in Paris last week
- It will take place after an unprecedented visit by Shaibani to Moscow on Thursday, added the diplomat, who requested anonymity due to the sensitivity of the matter
Geostrategy
France, 14 other nations urge recognition of Palestinian state, Canada may do so in September
The foreign ministers of 15 countries issued a joint statement following a conference in New York, co-chaired by France and...
- In the statement, 15 nations including Spain, Norway, and Finland affirmed their "unwavering commitment to the vision of the two-state solution."
- Nine of the signatories which have not yet recognized the Palestinian state expressed "the willingness or the positive consideration of their countries" to do so.
Geostrategy
Gaza famine warning as Israel resists ceasefire calls, UNICEF says time running out
"We need to flood Gaza with large-scale food aid, immediately and without obstruction, and keep it flowing each and every...
- The World Food Programme, UNICEF and the Food and Agriculture Organisation warned that time was running out and that Gaza was "on the brink of a full-scale famine."
- "We need to flood Gaza with large-scale food aid, immediately and without obstruction, and keep it flowing each and every day to prevent mass starvation," UNICEF said
Geostrategy
Trump’s MAGA base defies conservative pro-Israel doctrine
Washington, United States - Unconditional support for Israel has long been an entry requirement in US Republican politics, but that...
- Trump's first significant break with Israel came on Monday, when he acknowledged that "real starvation" is happening in Gaza
- He vowed to set up food centers in the besieged enclave, which has been devastated by Israel's war with Hamas
Geostrategy
Russia to face new US sanctions unless ends Ukraine war in 10 days: Trump
US President Donald Trump said his deadline for Russia to end the fighting in Ukraine or face new sanctions will...
- Trump -- flying back from Britain to Washington -- had already said on Monday that he was reducing a previous ultimatum of 50 days to between 10 and 12 days
- "We're going to put on tariffs and stuff," he said, but "I don't know if it's going to effect Russia because obviously he wants to keep the war going."
Geostrategy
UN agencies warn Gaza slipping into famine as Israel resists ceasefire calls
The Integrated Food Security Phase Classification Initiative, a coalition of monitors tasked by the UN to warn of impending crises,...
- The World Food Programme, UNICEF and the Food and Agriculture Organization warned that time was running out and that Gaza was "on the brink of a full-scale famine".
- Britain, France and Germany could send their foreign ministers to Israel next week, German Chancellor Friedrich Merz said.
Geostrategy
Trump warns of ‘real starvation’ in Gaza as aid deliveries pick up after Israeli “tactical pause”
Speaking in Scotland after meeting Britain's leader, Trump contradicted Israeli Prime Minister Benjamin Netanyahu, who had earlier dismissed fears of...
- Speaking in Scotland after meeting Britain's leader, Trump contradicted Israeli Prime Minister Benjamin Netanyahu, who had earlier dismissed fears of famine in Gaza
- Trump said the US and its partners would help set up food centres to feed the more than two million Palestinians in Gaza facing what UN aid agencies warn is deadly hunger
Geostrategy
Iran vows stronger response if attacked again by US, Israel
It remains unclear how much damage was caused by the US strikes on Tehran's nuclear facilities, which came after Israel...
- The comments appeared to be in response to remarks by US President Donald Trump, who had threatened earlier in the day to "wipe out" the Islamic republic's nuclear programme
- "If aggression is repeated, we will not hesitate to react in a more decisive manner and in a way that will be IMPOSSIBLE to cover up," Iranian Foreign Minister Abbas Araghchi said
Houthi attacks on Saudi Arabian cities wounds dozens of civilians, including children
Major-General Turki al-Maliki, the spokesman for the Saudi-led coalition fighting in Yemen, said in a statement that the Houthi attacks...
Geostrategy
Company News
Latest News
Strait of Hormuz disruption threatens trade flows: UNCTAD
UNCTAD data shows Brent crude oil prices rose above $90 per barrel, while natural gas prices also increased sharply after...
Geostrategy
Saudi, Qatar airlines adjust flights as regional tensions disrupt travel
Dubai, UAE -- Airlines has extended the suspension of flights to several Gulf destinations as regional tensions continue to affect...
Geostrategy
G7 ministers consider oil reserves as markets face volatility
In a statement following a virtual meeting with International Energy Agency (IEA) Executive Director Fatih Birol, the ministers said they...
Geostrategy
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Geostrategy
Meta, YouTube face trial over children harm
Opening statements in the first trial began in Los Angeles County Superior Court, where Instagram parent company Meta and Google’s...
- The case may influence thousands of lawsuits alleging social media features harmed young users’ mental health and wellbeing.
- Meta and YouTube have denied the allegations, saying they have implemented tools and policies aimed at improving safety for younger users.
Geostrategy
Bapco Energies declares force majeure on operations
Manama, Bahrain --- Bapco Energies BSC (Closed), Bahrain’s integrated energy company, announced force majeure on its group operations on Monday....
- The company said the move follows the ongoing regional conflict in the Middle East and a recent attack on its refinery complex.
- Bapco Energies said all local market needs remain fully secured through proactive plans to ensure the continuity of supplies and meet domestic demand without disruption.
Geostrategy
US assets outperform as geopolitical shock reshapes markets
The dollar still functions as the world’s primary safe haven, and in moments of acute geopolitical uncertainty, capital flows toward...
- Before hostilities erupted, global positioning had leaned heavily toward non-US outperformance
- Emerging markets, Europe and parts of Asia had been enjoying one of their strongest relative runs against US assets in years