Gold tops $5,000 for first time on Trump policy unrest
While turbulence over Trump's ambitions for Greenland and pressure on the Federal Reserve have provided the most recent support for...
Business
Trump launches ‘Board of Peace’ at Davos after Greenland u-turn
A group of leaders and senior officials from 19 countries -- including Trump allies from Argentina and Hungary -- gathered...
Geostrategy
Geostrategy
Israel set for general strike after Gaza hostages found dead
"I have come to the conclusion that only our intervention can shake those who need to be shaken," Arnon bar...
- Qatar-based Hamas official Izzat al-Rishq said the six hostages were "killed by Zionist (Israeli) bombing", an accusation the military denied.
- A senior Hamas official told AFP on condition of anonymity that "some" of the six had been "approved" for release in a potential hostage-prisoner swap.
Geostrategy
COP29 finance draft: Arab nations ask developed nations to commit $441bn
Paris, France -- The UN has published a draft on climate financing due to be presented at the COP29 in November,...
- The document is the basis for negotiating an accord that is due to be reached at COP29 in Baku under Azerbaijan's presidency.
- The EU said the "collective goal can only be reached if Parties with high GHG-emissions and economic capabilities join the effort."
Geostrategy
West Bank city ‘cut off from the world’ as Israeli assault drags on
Jenin governor Kamal Abu al-Rub told AFP that even he does not know exactly what is happening inside the camp,...
- "Neither the civil defense, nor the ambulances, nor the journalists can go and see what is happening there."
- The United Nations said on Wednesday that at least 637 Palestinians had been killed in the territory by Israeli troops or settlers since the Gaza war began.
Geostrategy
Telegram boss Durov free but charged and held in France
Paris, France -- Telegram chief Pavel Durov was spending Thursday out on bail after four days of detention in France, banned...
- Durov, 39, was charged on several counts of failing to curb extremist and illegal content on the popular messaging app which now has over 900 million followers.
- He was granted conditional release on a bail of five million euros and on the condition he must report to a police station twice a week as well as remaining in France.
Geostrategy
Israel agrees ‘humanitarian pauses’ in Gaza to allow polio vaccinations
"The way we discussed and agreed, the campaign will start on the first of September, in central Gaza, for three...
- The vaccination rollout will also cover southern and northern Gaza, which will each get their own three-day pauses, Peeperkorn told reporters.
- UN agencies have said they plan to provide oral vaccines against type-2 poliovirus (cVDPV2) to more than 640,000 children in the territory.
Business
Investors hold breath as Nvidia earnings loom, stock markets subdued
Paris, France -- US shares fell marginally and European stock markets mostly inched higher Wednesday as investors cautiously awaited the latest...
- Traders are also waiting for key US economic data later this week that could provide clues about the size of an expected interest-rate cut next month.
- In New York, the main indexes were all down slightly shortly after opening. In Europe, London's FTSE 100 Index was lower, while Paris and Frankfurt were higher.
Geostrategy
SpaceX postpones historic mission featuring first private spacewalk
United States -- SpaceX postponed once more its attempt at launching a daring orbital expedition featuring an all-civilian crew that...
- SpaceX announced late Tuesday it was pushing back the launch plans "due to unfavorable weather forecasted in Dragon's splashdown areas off the coast of Florida".
- SpaceX Dragon capsule is set to reach a peak altitude of 870 miles (1,400 kilometers) -- higher than any crewed mission in more than half a century, since the Apollo era.
Geostrategy
UAE seeks consular services for arrested Telegram boss
"The UAE is closely following the case of its citizen Pavel Durov, founder of Telegram, who was arrested by the...
- He is accused of failing to curb the spread of illegal content on Telegram, which has more than 900 million users. The company has rejected the accusations.
- Durov set up Telegram after leaving Russia a decade ago, and Forbes magazine estimates his current fortune at $15.5 billion.
Geostrategy
Iraq issues arrest warrants against two persons for ‘heist of the century’
Baghdad, Iraq -- An Iraqi criminal court on Tuesday issued arrest warrants for a businessman and a former government official wanted...
- The scandal, dubbed the "heist of the century", sparked widespread anger in Iraq, which is ravaged by rampant corruption, unemployment and decaying infrastructure.
- The criminal court issued the warrants for businessman Nour Zuhair and Haitham al-Juburi, a former adviser to then prime minister Mustafa al-Kadhemi.
Geostrategy
Egypt says will not accept Israeli force on its Gaza border
Cairo, a key mediator in efforts to secure a ceasefire between Israel and Hamas in Gaza, "reiterated to all parties...
- "Egypt is managing the mediation" between Israel and Palestinian militant group Hamas "in accordance with its national security", the source told Al-Qahera News.
- The negotiations, also mediated by Qatar and the United States, have yielded little hope for a ceasefire, though Washington said Friday that some progress had been made.
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Gold tops $5,000 for first time on Trump policy unrest
While turbulence over Trump's ambitions for Greenland and pressure on the Federal Reserve have provided the most recent support for...
Business
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SIB’s 2024 profit $272m
Business
BRICS call for ‘unconditional’ Gaza ceasefire, condemn air strikes on Iran
The BRICS also called for a "full withdrawal of Israeli forces from the Gaza Strip and all other parts of...
Geostrategy
Gaza truce talks: Netanyahu says sending a team to Qatar after Hamas nod
But Netanyahu, who is due to meet with President Donald Trump in Washington on Monday, said the Palestinian group's proposals...
Geostrategy
Musk creates America Party to challenge US’s ‘one-party system’
The world's richest person -- and Trump's biggest political donor in the 2024 election -- had a bitter falling out...
Geostrategy
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Geostrategy
US hits back at accounts Iran moved enriched uranium before bombing
Trump, seeking credit for ordering military action and then quickly announcing a ceasefire between Israel and Iran, has lashed out...
- Trump has lashed out angrily at media accounts of a classified report that doubted the extent of damage to Iranian nuclear sites
- Vice President JD Vance, asked about the uranium on Sunday, had sounded less definitive and said the United States would discuss the issue with Iran
Geostrategy
Arab states erupt in condemnation after US strikes on Iran
Iran's former arch-rival in the region, Saudi Arabia, which has been engaged in a Chinese-brokered détente with Tehran since 2023,...
- Many of the oil-rich countries host major US assets and bases and fear that a spillover from the war could threaten their security and economy.
- Qatar, host of the biggest US military base in the Middle East, said it feared "catastrophic consequences" for the region and the entire world.
Geostrategy
Turkey to export 48 fighter jets to Indonesia, deal valued at 10 billion dollars
Turkey's defence sector, including the famous Bayraktar drones, accounts for a significant share of the country's export revenues.
- Turkey's defence sector, including the famous Bayraktar drones, accounts for a significant share of the country's export revenues
- The contract, valued at 10 billion dollars, includes the production and delivery of the Kaan fighter jets to Indonesia over a ten-year period