IMF approves US$820m as part of Egypt bailout
The IMF action, repeatedly postponed and eagerly awaited by the Egyptian government, arrives at a time of mounting difficulties for...Geostrategy
Turkish Airlines restarts Libya flights after almost a decade
Istanbul, Turkey - Turkey's flagship carrier, Turkish Airlines, has resumed flights to Libya's capital, almost 10 years after they were suspended...Business Geostrategy
Bashar al-Assad meets Putin in Russia to discuss Syria-Turkey ties
"Dear Mr President, I am very glad to see you in Moscow. Thank you for accepting our invitation," Putin told...The outbreak of Syria's civil war in 2011 has strained relations between Damascus and Ankara, which has long supported rebel groups opposed to Assad.
Damascus is a staunch ally of Moscow, which intervened in the Syrian conflict in 2015, launching air strikes to support the government's struggling forces.
Saudi Arabia sees ‘lot of’ investment opportunities in Iran
Iran has been under renewed US sanctions since then president Donald Trump abandoned a landmark nuclear agreement between Tehran and...Saudi finance minister Mohammed Al-Jadaan said Iran has a lot of business opportunities, which could enhance investments in the country.
Saudi Arabi and Iran agreed to restore their ties and reopen embassies in the next two months after a peace deal mediated by China.
WEF23 continues to impact global policies, events
TRENDS comes out with exclusive interviews of eminent leaders who had set a blueprint for a peaceful and successful global...
Israel lawmakers inch closer to pass judicial reform law
JERUSALEM- Israel's parliament took another step Tuesday to push forward a legal reform package that has sparked mass protests against...The government of Benjamin Netanyahu, which includes ultra-Orthodox and extreme-right parties, introduced its judicial reform package in January.
The latest measure was adopted by a 61 to 52 vote but will still need to be approved in a committee and then in second and third plenum readings.
US consumer inflation high, Federal Reserve under stress
US consumer inflation edged down in February but remains elevated, according to government data, adding pressure to the Federal Reserve...Between January and February, the consumer price index rose 0.4 percent, slowing from the month prior as well.
The food index in February remains nearly 10 percent above last year's level, with prices of dining out still high.
UAE has incredible position in the world: Salesforce CEO
All industries and businesses should focus on net zero emissions, nature positivity, net zero business and eventually a net zero...All industries and businesses should focus on net zero emissions, nature positivity, net zero business and eventually a net zero world, Salesforce chief Marc Benioff tells TRENDS
Benioff advocates for global commitment to green initiatives, net zero emissions, and has expedited One Trillion Tree initiative to tackle climate change
Grain deal talks ongoing after Russian proposal, says UN
Consultations to prolong Ukrainian grain exports deal are continuing, the UN said, after a Russian proposal for just a 60-day...Russia had agreed to extend the deal which is due to expire on Saturday, for 60 days.
Ukraine said that "contradicts" the original agreement but did not reject the proposal.
‘Morocco economy robust, 80% of exports manufactured products’
The country managed to restrict inflation to 6 percent and sustain jobs despite challenges, the North African nation's Industry and...The country managed to restrict inflation to 6 percent and sustain jobs despite challenges, the North African nation's Industry and Trade Minister Ryad Mezzour tells TRENDS.
Moroccan automotive industry produced 700,00 cars in 2022 and we expect the production to hit 1 million in the next three years, adds Mezzour during the interview
EU and Algeria look to consolidate energy, security ties
The 27-country bloc would like to develop the partnership with Algeria "looking at the future, by prioritizing European investments in...Borrell said the EU and Algeria had agreed to "relaunch high-level security dialogue", with the first meetings planned before the end of the year
He said the EU and Algeria could "do better" on trade relations, calling for a solution "to obstacles (Algeria) introduced since June 2022 to commerce with Spain"
‘US role in Middle East is stabilizing but diminishing’
The world is facing a new environment where powerful global leaders and corporate leaders are creating uncertainty and risk, Eurasia...Putin is becoming the most powerful rogue actor on the global stage in a way that Iran is the most powerful rogue actor in the Middle East, says Ian Bremmer
The bigger issue is that the Russians are now in a hot war with the West and they’re performing very badly and their economy is deteriorating, he adds