Crypto fraudster Bankman-Fried faces sentencing
Calling Bankman-Fried's seven-count conviction reflective of the defendant's "unmatched greed and hubris," the government's sentencing request argues for significant jail...Geostrategy
Quran burner Salwan Momika says leaving Sweden for Norway
Stockholm, Sweden - An Iraqi refugee in Sweden who stoked international outrage by repeatedly desecrating the Quran last year said Wednesday...Geostrategy
UAE, Egypt discuss money laundering, terrorist financing
The heads of UAE and Egypt's anti-money laundering and counter terrorism financing and the UN's representative for drugs and crime...The heads of UAE and Egypt's anti-money laundering and counter terrorism met to discuss cooperation in counter terror measures
The two sides reviewed the most prominent regional developments and coordination between the two countries
Russia to launch Iran satellite into orbit next week
News of the launch follows Putin's visit to Iran on July 19, when he met President Ebrahim Raisi and Iran's...Russia's State Space Corporation Roscosmos confirmed the launch of Khayyam satellite is scheduled for Tuesday
The new Iranian satellite is aiming to "monitor the country's borders", enhance agricultural productivity and monitor water resources and natural disasters
As fuel prices soar, Morocco’s billionaire petro-PM faces heat
Morocco's Prime Minister Aziz Akhannouch, a billionaire petrol baron, is facing a growing online campaign demanding he step down as...Aziz Akhannouch, a billionaire petrol baron, is facing a growing online campaign demanding he step down as fuel prices -- and energy firms' profits -- surge.
Morocco, which is heavily reliant on oil imports, insists it is doing its best to ease the economic impact of Russia's invasion of Ukraine and the ensuing shock to crude prices.
ASEAN ministers warn Taiwan tensions could spark ‘open conflicts’
A furious Beijing kicked off its biggest-ever exercises around Taiwan in response to US House Speaker Nancy Pelosi's visit this...Chinese Foreign Minister Wang Yi is attending the summit along with his US counterpart Anthony Blinken
Beijing, which considers Taiwan a part of its territory to one day be reclaimed, by force if necessary, was enraged by the trip by Pelosi
Oil prices tumble on demand worries as global stocks mostly rise
The drop in oil prices came despite a move by the OPEC+ oil cartel, led by Saudi Arabia and Russia,...Oil prices finished about four percent lower following US energy data that showed unexpectedly weak gasoline demand
Gasoline demand last week was 8.5 million barrels per day, down almost 13 percent from the year-ago period, which is part of the peak summer driving season
Two years after blast, Lebanese still strive for justice
The portside blast of haphazardly stored ammonium nitrate, one of the biggest non-nuclear explosions ever, killed more than 200 people,...Several heavily damaged grain silos that became a grim symbol of the disaster collapsed last week, and more are dangerously close to coming down, experts warn
Amnesty, HRW and other groups Wednesday relaunched an appeal to the United Nations to send a fact-finding mission on Beirut blast
Inflation-fighting BoE poised to unleash big rate hike
The BoE is tipped to lift its main rate by 0.50 percentage points the biggest amount in more than a...The BoE, granted operational independence from the government over monetary policy in 1997, will reveal its latest rate decision at 1100 GMT on Thursday
Economists meanwhile argue that a large rate hike damages the nation's recovery from the coronavirus pandemic and risks the prospect of recession
US NSA terms China military drills near Taiwan ‘not responsible’
A top US official on Wednesday called China's military drills in response to US House Speaker Nancy Pelosi's visit to...US National Security Advisor Jake Sullivan told NPR that what China is doing here is 'not responsible'
Pelosi, the second in line to the US presidency, departed Taiwan Wednesday morning, having defied a series of increasingly stark threats from Beijing
OPEC+ agrees small oil output rise despite Biden plea
The cartel led by Saudi Arabia and Russia decided to raise production by 100,000 barrels per day for September, much...Biden made a controversial trip to Saudi Arabia in July in part to convince the kingdom to loosen the production taps to curb rampant inflation
Saudi Arabia faced a balancing act between its old ally, Washington, and its OPEC+ partner Moscow, which has been hit by Western sanctions over the Ukraine invasion
Iraq’s Sadr demands new polls as political crisis escalates
Nearly 10 months on from the last elections, the country still has no government, new prime minister or new president,...Parliament can only be dissolved by a majority vote, according to the constitution
In multi-confessional Iraq, government formation has involved complex negotiations
