Japan’s Moon craft SLIM revives after lunar night
TOKYO, JAPAN – Japan's Moon lander has produced another surprise by waking up after the two-week lunar night, the country's space...
Science
American spaceship lands on moon, images expected soon
The first American spaceship on the Moon since Apollo is "alive and well" following a drama-packed touchdown, the firm that...
Science
Business
Former Nissan boss refuses to fade away into oblivion
From his shock detention to an audacious escape from Japan hidden in an audio-equipment box, the rollercoaster saga of former...
- Ghosn and his aide Kelly were arrested in Tokyo on suspicion of financial misconduct on November 19, 2018
- He was granted bail before being arrested again in a dawn raid of his Tokyo apartment in April of 2019
Geostrategy
Germany voices opposition to postponing Iran nuclear deal
Israel has said that regardless of any agreement that may be reached in Vienna, it would maintain full freedom to...
- The latest round of negotiations to salvage Iran's 2015 nuclear deal started in late November
- The deal, known as the Joint Comprehensive Plan of Action (JCPOA), secured sanctions relief for Iran
Geostrategy
On land and sea, climate change causing ‘irreversible’ losses: UN
Climate change has already caused "irreversible losses" for Nature, UN experts have said, warning that if emissions are not cut...
- Many natural systems have already reached or are close to the limit of their ability to cope with the effects of a warming planet.
- The Earth is already believed to be entering its sixth mass extinction, driven by humanity's overconsumption and comprehensive destruction of species and habitats.
Geostrategy
Russia on nuclear alert as Ukraine fiercely resists invasion
President Vladimir Putin ordered on Sunday Russia's nuclear forces onto high alert in response to what he called ‘unfriendly’ steps...
- Russia invaded on Thursday and quickly announced it had neutralized key Ukrainian military facilities, but fierce fighting has since raged
- Ukraine forces, backed by Western arms, are stymieing the advance of Russian troops, while the US leads Western condemnation and sanctions
Economy
WTI surges 6%, Brent 5% on Ukraine invasion by Russia
WTI rose 6.27 percent to $97.33, while Brent crude was up 5.24 percent at $103.06.
- Traders will closely watch an OPEC+ meeting this week, led by Russia, where they will discuss plans for further output
- The group has agreed previously to increase production gradually each month, but the Ukraine crisis could disrupt it
Geostrategy
Russia invasion appears ‘frustrated’ by stiff Ukraine resistance
The United States and Western allies are still able to deliver arms into Ukraine to bolster the military, and Washington...
- According to Pentagon information, Russia now has at least 50 percent of its massive invasion force inside Ukraine
- However, the force is making slow progress on its original three-front thrust due to unexpectedly stiff resistance
Geostrategy
Sanctions bore in on Russia over Ukraine invasion
On Friday, US President Joe Biden extended his country's measures against Russia to include sanctions on President Vladimir Putin and...
- The first tranche will hit four Russian banks, cut off more than half of Russia's technology imports, and target several oligarchs
- Energy giant Gazprom and 12 other major companies will be barred from raising capital in Western financial markets
Economy
IMF, World Bank warn of global impacts as Russia invades Ukraine
The World Bank and IMF warned on Thursday that Russia's invasion of Ukraine would have repercussions for the global economic...
- IMF Managing Director Kristalina Georgieva said the conflict ‘adds significant economic risk for the region & the world’
- World Bank President David Malpass warned that ‘the devastating developments’ would have ‘far-reaching economic and social impacts’
Geostrategy
Russia invasion kills dozens on first day in Ukraine
US President Joe Biden announced export controls against Russia to cut off more than half of the country's high-tech imports,...
- Across Ukraine, at least 137 "heroes" were killed after the first day of fighting, said President Volodymyr Zelensky
- He also called up conscripts and reservists nationwide to fight in a general mobilization, even as 100,000 people were displaced
Business
Aluminum price hits record high on Ukraine Attack
Aluminum has beaten the previous peak in price hike of $3,380.15, reached in July 2008.
- The lightweight metal price has been increased as high as $3,382.50 per tone
- Analyst Daniel Briesemann said that the rise in price of the metal was expected
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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
Japan’s Moon craft SLIM revives after lunar night
TOKYO, JAPAN – Japan's Moon lander has produced another surprise by waking up after the two-week lunar night, the country's space...
Science
Company News
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Saudi Arabia discusses tennis tournaments in Kingdom
Arts & Culture
Countries must cooperate to battle sandstorm threat, say UN, Iran
Countries in the Middle East, Africa and Asia must work together to combat sand and dust storms made increasingly severe...
Geostrategy
G20 adopts Leader’s Summit declaration, says Indian PM Modi
NEW DELHI, INDIA- Indian prime minister and G20 host Narendra Modi said on Saturday the body had reached consensus on...
Geostrategy
UAE President, Indian Prime Minister discuss strengthening bilateral, trade ties
NEW DELHI, INDIA - UAE President Sheikh Mohamed bin Zayed Al Nahyan and Indian Prime Minister Narendra Modi met to...
Geostrategy
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Geostrategy
West blocked Russian assets worth $280bn, says US treasury
Washington, US - The REPO (Russian Elites, Proxies and Oligarchs) task force, set up to search and freeze Russia-related assets, estimates the...
- “The total value of assets is estimated at around $280 billion, the majority of which is held in the European Union,” the US Department of the Treasury said.
- Reportedly, the task force has completed its “initial effort to map and account for Russian sovereign assets that are immobilized and held in REPO member jurisdictions".
Geostrategy
Saudi Nazaha, Interpol discuss ways to enhance cooperation
LYON, FRANCE - President of Saudi Arabia’s Oversight and Anti-Corruption Authority ‘Nazaha’ Mazin bin Ibrahim Al-Kahmous on Friday visited the...
- The two sides discussed cooperation between Nazaha and Interpol in the field of combating corruption and cross-border crimes.
- The discussions touched on recovering funds and assets related to corruption and pursuing fugitives in such cases.
Arts & Culture
Saudi clubs spent $875.4m on new players from June 1- Sept 1, says FIFA
Spending by Saudi Arabian football clubs in the transfer window just closed was second only to that by teams in...
- Much of the Saudi Pro League's business was done with English Premier League clubs, which received $698 million in overseas transfer fees.
- The Pro League's net spend, deducting money received from selling players, was $907 million, placing it behind Premier League's net spend of $1.39 billion.