Situation in Red Sea has a limited impact on food exports so far, says FAO
ROME, ITALY – The situation in the Red Sea has not yet been reflected in the pace of prices for...
Economy
Cryptocurrency Ether witnesses meteoric rise since launch
NEW YORK, US – Bitcoin has captured the limelight in recent weeks as it surged to a new record high, yet...
Business
Geostrategy
Global piracy acts drop to 14-year low, says report
Worldwide acts of piracy fell to their lowest level last year since statistics were first established in 2008, a maritime...
- In the Gulf of Guinea, considered a piracy hotspot, just three ships were attacked in 2022 compared to 26 in 2019, the MICA said.
- In the same area, the number of kidnappings dropped to two last year, from 146 in 2019.
Geostrategy
UAE’s FNC participates in Asian Parliamentary Assembly meet
ANTALYA, TURKEY - The UAE Parliamentary Division of the Federal National Council (FNC), participated in the meeting of the Standing...
- During the meeting, the report of APA's Secretary-General was presented.
- Draft decisions of the Political Affairs Committee were discussed and approved.
Geostrategy
Iran executes two more men in connection with protests
PARIS, FRANCE - Iran on Saturday executed two men for killing a paramilitary force member during unprecedented protests sparked by the...
- The latest hangings double the number of executions to four over the nationwide protests.
- Two men were put to death in December, sparking global outrage and new Western sanctions against Iran.
Market Report
Stocks mostly rise ahead of key US jobs data
Stock markets mostly advanced as traders awaited key US jobs data and after news of falling inflation in the eurozone....
- The Fed along with central banks worldwide last year kickstarted a string of aggressive rate hikes to battle decades-high inflation.
- Official data showed that annual inflation in the eurozone dropped for a second month in a row, to 9.2 percent in December.
Geostrategy
Iran arrests journalist who interviewed inmates’ families, says media
TEHRAN, IRAN - Iranian authorities have arrested a journalist who published interviews with families of death row inmates sentenced in connection...
- 14 Iranians have been sentenced to death in connection with the unrest triggered by Mahsa Amini's death in custody on September 16.
- Foreign-based rights groups and campaigners say dozens more protesters face charges punishable by death.
Arts & Culture
Saudi Arabia gets first female international football referee
RIYADH, SAUDI ARABIA - Saudi Arabia's first female international referee was appointed by FIFA on Thursday, less than a year after...
- Opportunities have started to open up in women's sport including a women's football league that started in November 2021.
- Saudi Arabia has applied to hold the Women's Asian Cup in 2026 and is the sole bidder for the men's version in 2027.
Business
Sustainability key for next-gen data center models
At present, the data center industry as a whole uses approximately 150 billion kilowatt-hours of electricity annually, which is about...
- At present, the data center industry as a whole uses approximately 150 billion kilowatt-hours of electricity annually, which is about 3 percent of the world’s electricity usage
- Data centers must operate as efficiently and sustainably as possible to eliminate any potential harm to the environment.
Arts & Culture
Tearful Brazil bids farewell to its favorite son Pele
President Luiz Inacio Lula da Silva led the tributes as Brazil said its final farewell to football legend Pele, widely...
- Born Edson Arantes do Nascimento, Pele exploded onto the scene at age 15, when he made his professional debut with Santos.
- He went on to win the World Cup three times with Brazil, in 1958, 1962 and 1970 - the only player in history to achieve the feat
Economy
France begins testing Chinese arrivals to track Covid variants
France joins other states including the United Kingdom, Italy and the United States in testing arrivals from China, four weeks...
- As of Sunday, visitors from China must wear a mask and be prepared to submit to a test on arrival, which will be done at random
- Then from Thursday travelers will also have to present a negative PCR or antigen test undertaken less than 48 hours before their flight
Arts & Culture
World leaders rue loss of former Pontiff Benedict XVI
Russia's President Vladimir Putin said he was "an eminent religious and state figure, a convinced defender of traditional Christian values".
- France's President Emmanuel Macron said the ex-pope "strove with soul and intelligence for a more brotherly world"
- Germany's Chancellor Olaf Scholz hailed the German former pontiff as a "special church leader" who helped shape the Catholic church
Situation in Red Sea has a limited impact on food exports so far, says FAO
ROME, ITALY – The situation in the Red Sea has not yet been reflected in the pace of prices for...
Economy
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IMF, UAE, other countries meet on anti-money laundering, counter terrorism financing
ABU DHABI, UAE - International Monetary Fund (IMF), in collaboration with the UAE Executive Office of Anti-Money Laundering and Counter...
Geostrategy
Mahsa Amini’s family blocked from leaving Iran for EU rights prize
PARIS, FRANCE - The family of Mahsa Amini, the Iranian Kurdish woman who died in custody, have been banned from traveling...
Geostrategy
Arab world to be center for global change in 2024, says Russian intelligence chief
MOSCOW, RUSSIA - The chief of Russia’s foreign intelligence service, or SVR, believes the Arab world will take center stage...
Geostrategy
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Business
99 percent of world live in areas with air pollution levels above WHO guideline limits
DUBAI, UAE - According to World Health Organization data, 99 percent of the world’s population lives in places where air...
- Leading businesses recognize that they have an important role in reducing air pollution alongside greenhouse gas emissions.
- Business activity contributes significantly to air pollution globally but air pollution is not prioritized nor integrated into climate action.
Geostrategy
Russian oil price cap partially successful
LONDON, UK - A Western price cap imposed a year ago on Russia's oil has had limited success with Moscow increasingly...
- The cap was jointly imposed on December 5, 2022 by the European Union, Australia and the Group of Seven rich countries.
- Initially successful, it lost its impact once President Vladimir Putin's Russia found new buyers for its oil and new tankers to deliver it.
Geostrategy
Asian countries score high in keenly watched PISA education survey
Paris, France - Asian countries dominated the top spots in a keenly watched survey of education capabilities published Tuesday, while levels...
- Singapore took top ranking in the latest assessment, which was carried out in 2022 and involved 690,000 students in 81 participating countries and economies
- Five other Asian education systems -- in Macao, Taiwan, Hong Kong, Japan and South Korea -- came next in mathematics, and also scored near the top in reading and science