Former US treasury secretary says preparing buyout of TikTok
Washington, US - Former US Treasury Secretary Steven Mnuchin on Thursday said he is putting together a team of investors to...Business Geostrategy
China to take ‘all necessary measures’ to protect interests after US TikTok vote
Beijing, China--China on Thursday slammed the approval of a US bill that would ban TikTok unless it severs ties with its...Geostrategy
UN nuclear watchdog chief arrives in Tehran as UK says deal ‘close’
Iran's Foreign Minister Hossein Amir-Abdollahian said he was prepared to travel to Vienna if a deal is reached.Rafael Grossi, Director General of International Atomic Energy Agency is set to meet Iranian officials on its visit to Tehran
Iran's Foreign Minister Hossein Amir-Abdollahian said he was prepared to travel to Vienna if a deal is reached
Added to FATF grey list, UAE renews vow to nix financial crimes
The UAE is the latest country to be added to the list, and will have to work closely with the...The Financial Action Task Force has included the United Arab Emirates in the ranks of ‘jurisdictions with strategic deficiencies,’ also known as the ‘grey list’
Countries on the list have to commit to resolve swiftly the identified strategic deficiencies within agreed timeframes and is subject to increased monitoring
Living rough in Morocco, migrants dreams of Spanish enclave
Melilla and Ceuta, Spain's tiny enclaves, have the EU's only land borders with Africa that attracts desperate migrants to escape...Around 500 migrants out of 2,500 managed to cross Morocco's border with a Spanish enclave this week, authorities have confirmed
In May 2021, almost 10,000 migrants stormed Ceuta as Moroccan border forces did not stop them, highlighting Spanish reliance on Moroccan cooperation on migration
Russia attack on Ukraine nuclear plant draws global ire
With fears growing of nuclear conflict, the US and Russian armed forces have set up a new direct phone line...Ukraine has accused the Kremlin of ‘nuclear terror’, and US envoy to the UN said the attack was ‘incredibly reckless and dangerous’
Russia’s UN ambassador called accusations that Russian forces had shelled the plant part of ‘an unprecedented campaign of lies’
Gas prices soar to record highs as Ukraine crisis stokes supply fears
Europe and UK gas prices hit record highs Friday and crude oil rallied, as Ukraine's invasion by key producer Russia...Europe reference Dutch TTF gas price struck 213.895 euros per megawatt hour in afternoon deals and UK gas hit 508.80 pence per therm.
Europe's London Brent North Sea crude leapt 4.7 percent to $115.63 per barrel, having surged to a 2012 peak close to $120 on Thursday.
Iran FM willing to travel to Vienna if nuclear deal reached
Iran's foreign minister said Friday he was ready to travel to Vienna if a deal is reached to revive the..."I am ready to go to Vienna when the Western sides accept our remaining red lines," Hossein Amir-Abdollahian said in a phone call with EU foreign policy chief Josep Borrell
The 2015 deal began unraveling when former US president Donald Trump withdrew from it in 2018 and re-imposed sanctions
UN offers mediation to put Libya back on path to election
Stephanie Williams, UN chief Antonio Guterres' Special Advisor on Libya, warned in a series of tweets that "the solution to...The country endured two rival governments from 2014 to early 2021, when Dbeibah's administration was approved by key factions after a ceasefire late the previous year.
She also urged the country's politicians to "engage constructively together to move towards elections, for the sake of the 2.8 million Libyans who registered to vote" last year.
Money-laundering, terror financing penalties fetch UAE $1bn
UAE authorities have collected AED3.848 billion ($1 billion) in penalties from anti-money laundering and terrorism financing offenders in 2021. The...UAE is currently amending the anti-money laundering law’s executive regulation.
The Office for Anti-Money Laundering and Counter-Terrorist Financing was established in Feb 2021.
SFD postpones Pakistan debts for development projects
The projects that the SFD contributes to financing through loans and grants in Pakistan amount to around SAR5 billion ($1.33...The fund signed an agreement with Pakistan’s Undersecretary of the Ministry of Economic Affairs Mian Asad Hayauddin in this regard
The signing took place in the presence of Saudi Ambassador to Pakistan Nawaf bin Saeed Al-Maliki and senior officials from both sides
800 Iraqi refugees return home from Syria, more to follow
Eight hundred Iraqi refugees returned home from northeast Syria on Thursday and hundreds more are to follow, a Syrian official...The Syrian Observatory for Human Rights said the first group left on buses via the Al-Yarubiyah border crossing.
Relatives of IS militants, including children, are held in Kurdish-controlled camps in Syria's northeast, the largest of which is Al-Hol with around 56,000 displaced people.
