West Bank situation an obstacle between Israel-Palestine peace, says EU
EU foreign policy chief Josep Borrell said the situation in the Israel-occupied West Bank posed a major obstacle to finding...
Geostrategy
Red Sea issue puts Yemen peace process on hold
DUBAI, UAE- As Houthi attacks roil the Red Sea and Western air raids target the rebels, moves to end Yemen's long-running...
Geostrategy
Economy
IEA cuts oil demand outlook, fears Russia supply ‘shock’
The International Energy Agency cut its world oil demand forecast for 2022 on Wednesday, warning that sanctions against Russia over...
- Russia, the world's biggest exporter of oil, has been hit with a slew of international sanctions over the war in Ukraine, which sent oil prices soaring.
- While the measures exclude the energy market, the IEA said major oil companies, trading houses, shipping firms and banks have "backed away from doing business with the country".
Geostrategy
Promote bicycles to combat climate change: UN
It calls on member states to "integrate the bicycle into public transportation, in urban and rural settings in developing and...
- The resolution, proposed by Turkmenistan, was passed unanimously and like all General Assembly resolutions is non-binding.
- The resolution encourages member states to "give special attention to cycling in cross-cutting development strategies, including bicycle sharing services,"
Geostrategy
Biden to assert ‘iron-clad commitment’ on NATO trip
US president will travel to Brussels to attend an EU summit to discuss Russia's invasion of Ukraine.
- US president will travel to Brussels to attend an EU summit to discuss Russia's invasion of Ukraine
- NATO chief said that Russia would have "a high price to pay" if it carried out a chemical attack in Ukraine
Geostrategy
‘The enemy is the same, the goal same’: Syrian protestors at pro-Ukraine rally
Moscow is currently recruiting thousands of fighters in Syria, from the regular army and from militia groups, to be put...
- Gathered on the main square in the northwestern city of Idlib, more than 5,000 people took part in one of the largest rallies.
- A few Ukrainian flags were also visible at the Idlib protest, as were banners expressing solidarity with the Ukrainian people.
Geostrategy
Deadly strikes rock Ukraine despite talks with Russia
With Russia threatening to take ‘full control’ of several major cities in Ukraine, the fourth round of talks failed to...
- The UN estimates almost 2.8 million people have fled Ukraine since Russia launched a full-scale assault on February 24
- It has recorded more than 600 civilian deaths, including dozens of children, though the true toll could be far higher
Geostrategy
The first World Police Summit begins at Dubai Exhibition Center
The summit will address the needs and challenges of modern happenings such as cybercrime, urbanization, digital evolution and post-pandemic recovery.
- It is a four-day event hosted and organized by Dubai Police in collaboration with dmg events.
- The summit features themed conferences and keynote addresses and panel discussions with experts.
Economy
Chinese cities and factories lock down as outbreak spreads
China cannot relax its zero-Covid policy just yet despite the low fatality rate of Omicron, say medical experts.
- Authorities in China have reported 2,300 new covid cases across the country on Monday
- China cannot relax its zero-Covid policy just yet despite the low fatality rate of Omicron, say medical experts
Geostrategy
44 migrants drown in boat capsize off Morocco’s coast
The European Union said this week it wanted to bolster cooperation with Morocco to stem the flow of illegal migrants...
- Bodies of five women and two babies were brought ashore but the rest were still missing.
- They were among 61 migrants who boarded a boat heading for Spain’s Canary Islands.
Geostrategy
Russia bears down on Ukraine as talks signal progress
As Russia continues to attack cities across Ukraine in general and Kyiv in particular, talks between the two countries are...
- Mayor Vitali Klitschko said Kyiv, described by a senior Ukrainian official as a ‘city under siege’, was reinforcing defenses and stockpiling food and medicine
- Buses were continuing to bring refugees into the city from the hard-hit suburbs, Klitschko said in a video message, adding: ‘We will not give up’
Analysis
War, inflation threaten world income
The US Federal Reserve chair has said every $10 hike in oil prices would impact growth by 0.1 percentage points...
- S&P has cut its projection for global growth this year to 3.4 percent, a decline of 0.7 percentage points over its earlier forecast
- Nations launched huge stimulus program to prevent their economies from crumbling after the pandemic emerged in 2020
West Bank situation an obstacle between Israel-Palestine peace, says EU
EU foreign policy chief Josep Borrell said the situation in the Israel-occupied West Bank posed a major obstacle to finding...
Geostrategy
Company News
Latest News
Jordan-ASEAN Economic Forum to be held in March 2024, says ACC
AMMAN, JORDAN - Chairman of the Amman Chamber of Commerce (ACC) Khalil Haj Tawfiq said the Jordanian Economic Forum with...
Business
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...
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...
Geostrategy
Most Read
Arts & Culture
WTA Finals to be held in Mexico, says sports body
NEW YORK, US - Cancun will host the WTA Finals October 29-November 5, the WTA announced on Thursday. The Mexican resort...
- The prestigious year-end finale features the top eight singles players and doubles players in the WTA's Race to the WTA Finals.
- The tournament returns to Mexico for the second time in three years, after Guadalajara hosted in 2021.
Geostrategy
Saudi crown prince says ready for economic partnership with BRICS
DUBAI, UAE – Saudi Arabian Crown Prince Mohammed bin Salman in a telephonic conversation with Russian President Vladimir Putin has...
- The Russian president and the Saudi crown prince discussed the outlook for BRICS expansion.
- The two leaders reviewed cooperation between the two countries within the OPEC+ agreement framework.
Geostrategy
2023 likely to be hottest year in human history, says EU climate monitor
"2023 is the year that climate records were not just broken but smashed," said Mark Maslin, a professor of climatology...
- The average global temperature in June, July and August was 16.77 degrees Celsius (62.19 degrees Fahrenheit), surpassing the previous 2019 record of 16.48C.
- "The three months that we've just had are the warmest in approximately 120,000 years, so effectively human history," C3S deputy director Samantha Burgess told AFP