Hamas agrees partial hostage release in ‘difficult’ truce talks after Qatar-brokered indirect talks
The group's statement came after four days of indirect talks brokered by Qatar and as the United States signalled its...Geostrategy
Trump says ‘no extensions’ to Aug 1 tariff deadline
While Trump imposed a sweeping 10 percent tariff on goods from almost all trading partners in April, higher rates customized...Business Economy Geostrategy
Gaza has experienced 16 years of de-development: UNCTAD
"The economic consequences of the current and ongoing humanitarian crisis in Gaza are impossible to determine," Richard Kozul-Wright, the director...UNCTAD said that unemployment was at 45 percent in the Gaza Strip and 13 percent in the West Bank, with women and young people affected the most.
In Gaza, real GDP per capita was 11.7 percent below the 2019 level and close to its lowest level since 1994, the UNCTAD report said.
Geopolitical conflicts pose biggest risk to global economy: Ajay Banga
The World Bank President expressed deep concern over the widening wealth gap, while calling for more action on gender equality...Countries around the world need to do more in terms of gender equality and women's rights, he said.
Saudi Arabia has done very well when it comes to creating jobs for women and working toward women's rights.
With Mideast crisis, Russia and China hope to turn tables on US
The Chinese and Russian reprimands ring hollow for US officials, who doubt the rival powers will engage in painstaking diplomacy...In comments likely aimed at consumption in the Islamic world, Russia has accused the United States of escalating the conflict through military reinforcements
China and the United States have both sought diplomatic advantage in the crisis, including through a call between Blinken and Chinese Foreign Minister Wang Yi
Iran and Saudi ties effective in solving regional issues: Raisi
Tehran, Iran--Iran's President Ebrahim Raisi believes the expansion of ties between Tehran and Riyadh will be effective in strengthening regional...He made the comments during a meeting with Abdullah bin Saud Al-Anzi, the newly appointed Saudi ambassador to Iran
The new ambassador said the relations between Saudi Arabia and Iran are very strong because of commonalities between them
Stocks surge on China spending plan as oil prices retreat
Traders tracked a rally on Wall Street that was helped by a strong set of earnings from big-name firms including...Hong Kong was the stand-out performer Wednesday, jumping more than two percent
Traders were aware that the crisis in the Middle East could spiral out of control at any minute
Israel bombs Syria’s ‘military infrastructure’ in air raids
According to the Israeli Defense Forces (IDF), its jets hit military infrastructure and mortar launchers of the Syrian Army in...According to Syrian state media, Israeli strikes on Sunday put Syria's two main airports out of service
Earlier in the month, Israeli strikes targeted Aleppo airport, wounding five people, a war monitor reported
Israeli-Palestine war: US president calls Saudi Crown Prince
Riyadh, Saudi Arabia - Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud and US President Joe Biden discussed...Prince Mohammed underlined the necessity of immediate work to explore means of halting the military operations
He highlighted rejection of the targeting of civilians in any form as well as the targeting of infrastructure and vital facilities
Diversification remains crucial for oil-rich nations
Combating climate change demands global collaboration and collective action, European Commissioner for Cohesion and Reforms Elisa Ferreira tells TRENDS in...Combating climate change demands global collaboration and collective action, European Commissioner for Cohesion and Reforms Elisa Ferreira tells TRENDS in an interview
She highlights the need for a global sustainability approach, emphasizing localized transitions, inclusivity, and the urgency of shifting to sustainable development
UN chief denounces Israel, calls Gaza shelling as violation of law
United Nations, - UN Secretary-General Antonio Guterres on Tuesday alleged violations of international law as Israel pounds Gaza, and urged...Guterres, who personally traveled to the crossing between Egypt and Gaza in a push to let in assistance, welcomed the crossing of three aid convoys
"But it is a drop of aid in an ocean of need. In addition, our UN fuel supplies in Gaza will run out in a matter of days. That would be another disaster," Guterres said
‘They treated us gently’: freed Israeli hostage recounts Gaza captivity
Tel Aviv, Israel - Yocheved Lifshitz "went through hell" when abducted by Hamas, the 85-year-old Israeli said Tuesday, recounting her experience...Lifshitz said she had been left in a hall with about 25 other hostages and then taken to a separate room with four other people from Nir Oz
"They treated us well," she told reporters, saying a doctor visited the hostages every two to three days and provided medicine
