Cross-border fire between Hizbollah and Israel leaves 16 dead
Israeli rescue teams searching a damaged building in the border town of Kiryat Shmona "found a 25-year-old who was unconscious,...Geostrategy Uncategorized
Clowns try to put smiles back on faces of Gaza children
Palestinian Territories - The children of Gaza have little to eat, have had to flee their homes and have survived...Geostrategy
EU representative to discuss stalled nuclear deal with Iran in Vienna
Negotiations between Iran and world powers, which began in late November 2021 to reintegrate Joe Biden's United States into the...In late June, Qatar hosted indirect talks between Tehran and Washington in the hope of getting the process back on track -- but those talks did not lead to a breakthrough.
In a last-ditch effort, EU foreign policy chief Josep Borrell submitted a compromise proposal last Tuesday and called on the parties to accept it to avoid a 'dangerous crisis'.
OPEC+ meeting in focus as it decides on oil production strategy
After cutting production in 2020 in response to falling prices during the Covid pandemic, OPEC+ began to modestly raise it...The cartel led by Saudi Arabia and Russia has so far resisted US pressure to ramp up production significantly.
Biden visited Saudi Arabia in July to convince the Kingdom about producing more oil and stabilizing market.
UN experts disheartened: Beirut blast victims still await justice
The Aug 4, 2020 mega-blast killed more than 200 people and destroyed thousands of homes in the Lebanese capital. The...The lead investigator, Tarek Bitar, who was chasing after some of the country's top brass, has been barred from proceeding by a series of lawsuits.
The victims' families therefore appealed to the international community to set up an independent investigation under the Human Rights Council in Geneva.
Iran lawmakers ratify prisoner swap treaty with Belgium
Iranian lawmakers voted Wednesday to ratify a prisoner exchange treaty with Belgium, where the deal has been criticized for potentially...Icana news agency reported that Iran's parliament approved the treaty by 195 votes to two
The Belgian parliament just two weeks ago passed it by the much narrower margin of 79 votes to 41
Respite for Erdogan: Turkish inflation stabilizes at under 80 percent
The official annual rate of consumer price increases reached 79.6 percent in July compared to 78.6 percent in June. Turkey...Turkey now has a real interest rate of negative 64.4 percent the lowest in the world by a substantial margin.
This means that Turks have a strong incentive to spend as much as they can before their liras lose even more value.
Justice eludes Beirut couple two years after blast killed daughter
The demonstrations were drained of momentum by a severe economic crisis and the coronavirus pandemic, before the monster explosion presented...International powers have yet to provide Lebanon with satellite images or reports drafted by foreign experts who participated in preliminary investigations
The August 4 mega-blast, blamed on a fire that ignited tons of ammonium nitrate fertilizer at Beirut harbor, was one of the largest non-nuclear detonations ever recorded
Yemen’s warring parties renew truce for two months: UN
Yemen has been gripped by conflict since the Iran-backed Houthi rebels took control of the capital Sanaa in 2014, triggering...Hundreds of thousands have died, directly from fighting as well as indirectly, and millions have been displaced in what the UN has called the world's worst humanitarian crisis
US President Joe Biden welcomed the extension and the "unprecedented calm" that has prevailed in the war-torn country during recent months
China hits Taiwan with fresh trade curbs as Pelosi visits
The trip by Pelosi, who is second in line to the presidency and the highest-profile elected US official to visit...The trip by Pelosi, who is second in line to the presidency and the highest-profile elected US official to visit Taiwan in 25 years, has ignited a diplomatic firestorm
China's Customs Administration said Wednesday it would suspend some citrus fruits and fish imports from Taiwan
OPEC+ to discuss its output strategy after Biden’s Saudi visit
After cutting production in 2020 in response to falling prices during the Covid pandemic, OPEC+ began to modestly raise production...Craig Erlam, analyst at OANDA trading platform, said the OPEC+ meeting will show whether "President Biden has any influence in the cartel at all."
Biden made a controversial trip to Saudi Arabia in July in part to convince the kingdom to loosen the production taps to stabilise the market and curb rampant inflation
Saudi, UAE to receive $5bn worth missile systems from US
Two weeks after US President Joe Biden made the visit to the Middle East, Saudi Arabia and the UAE will...The State Department said the value of the missiles and attendant equipment, trainings and parts is $3.05 billion
The United States will sell THAAD surface-to-air missile systems to the UAE for $2.25 billion
