Putin stresses Syrian ‘territorial integrity’ in call with Netanyahu after Druze unrest
Russia, a close ally of Syria's former long-time ruler Bashar al-Assad, who reportedly fled to Moscow with his family, still has two military bases in the country, and is also close to Iran, having boosted military ties amid the Kremlin's offensive in Ukraine.
Russia in contact with OIC on upcoming presidential vote
Moscow, Russia -- Moscow is maintaining close contact with officials from the Arab League and the Organization of Islamic Cooperation (OIC) on Russia’s upcoming presidential election, Russian Deputy Foreign Minister Mikhail Bogdanov said Tuesday.Bogdanov, who serves as Russian special presidential envoy for the Middle East and Africa, told TASS, "We...France says ‘nothing ruled out’ to thwart Russia in Ukraine
French Prime Minister Gabriel Attal told the RTL broadcaster that there was "no consensus" on any "official" deployment of ground troops. "But no dynamic can be ruled out. We will do whatever it takes to ensure that Russia cannot win this war," he said, using the same words as Macron...G7 vows more Russia sanctions after virtual talks on Ukraine
In a statement after the meeting, which Ukrainian President Volodymyr Zelensky also attended, the leaders vowed to "raise the cost" of Russia's war on Ukraine. The G7 leaders didn't make any public statement about further military aid to Ukraine, but urged "the approval of additional support to close Ukraine's remaining...New Delhi confirms few Indians involved with Russian army
New Delhi, India - India's foreign ministry confirmed on Friday that some of the country's citizens had signed up for "support jobs" with the Russian army and said it was working with Moscow to secure their discharge.The Hindu newspaper reported on Wednesday that around 18 Indians were stranded in various...Price of natural gas in Europe falls to a 3-year low
LONDON, UK – The price of natural gas in Europe fell again on Friday, taking it to its lowest in almost three years as mild winter weather continues and European stockpiles hold up.Mid-morning on Friday, the benchmark Dutch TTF futures contract was down 3.2 percent at US$24.3 (22.45 euros) a megawatt-hour...Glencore 2023 profit down 75%
The company said lower energy prices cut into its profits.Europe’s gas demand at 10-year low, to peak in 2025: report
The invasion of Ukraine by Russia triggered a massive shift by European nations away from Russian natural gas delivered by pipelines, with prices for LNG soaring as they competed on international markets for limited supplies. With a limited number of import terminals, European nations were also forced to undertake measures...Dutch court upholds $50bn payment award in Yukos case
THE HAGUE, NETHERLANDS - A Dutch court quashed an appeal by Russia in a record $50-billion case on Tuesday, paving the way for a payment to former shareholders of dismantled oil giant Yukos.The decision is the latest in a legal tug-of-war over Yukos which broke up in the early 2000s after...Israeli apartheid against Palestinians worse than in S.Africa: Pretoria
"We as South Africans sense, see, hear and feel to our core the inhumane discriminatory policies and practices of the Israeli regime as an even more extreme form of the apartheid that was institutionalized against black people in my country," said Vusimuzi Madonsela, South Africa's ambassador to the Netherlands, where...Russian opposition leader Alexei Navalny dies in prison
Western governments immediately attacked the Kremlin over the death of the most outspoken critic of President Vladimir Putin. Navalny lost consciousness after a walk and could not be revived by medics, the prison service said. "Navalny felt bad after a walk, almost immediately losing consciousness. Medical staff arrived immediately and...Putin says prefers more ‘predictable’ Biden over Trump
Asked by a journalist who Russia would like to see win in the likely contest between the Democratic incumbent and Republican frontrunner Trump, Putin said: "Biden, he's more experienced. He's predictable, he's an old-school politician."EU adopts fallow land exemption after farmer protests
Brussels, Belgium - The European Commission on Tuesday officially extended an exemption from contested rules to leave a share of agricultural lands fallow, which had become a flashpoint for protesting farmers across the bloc.First lifted in 2023 in response to market disruptions caused by Russia's invasion of Ukraine, the rules will...Global conflicts herald ‘dangerous decade’, says military think-tank
"The current military-security situation heralds what is likely to be a more dangerous decade, characterized by the brazen application by some of military power to pursue claims," the report said.NATO chief calls on Europe to ramp up arms production
Ahead of a key meeting of NATO defense ministers in Brussels and the second anniversary of the Russia-Ukraine war, Jens Stoltenberg insisted that "we need to reconstitute and expand our industrial base faster, to increase deliveries to Ukraine and refill our own stocks." "This means shifting from slow peacetime to...Russia cannot be defeated in Ukraine: Putin
During a two-hour long interview with the former Fox News host Tucker Carlson, Russia's President Vladimir Putin defended his decision to invade Ukraine in February 2022. The president said the West now realizes that Russia will not be defeated, despite US, European and NATO help to Ukraine.Equinor reports 59% fall in net profit
Its earnings were US$36.2bn, half of what is was in 2022.TotalEnergies reports record annual profit
Net profit came in at $21.4 bn, an increase of 4% over 2022.UAE, Russian Presidents discuss regional and global developments
ABU DHABI, UAE - President Sheikh Mohamed bin Zayed Al Nahyan spoke by telephone to President of the Russian Federation Vladimir Putin to discuss bilateral relations and opportunities to further strengthen UAE-Russia ties.During the telephonic conversation on Monday, Putin expressed his gratitude to Sheikh Mohamed for the UAE’s successful mediation...BP posts US$15.2bn net annual profit
It will deliver US$1.75bn in buybacks for Q4 of last year.China, Russia blame US for stoking Middle East tensions
The US forces targeted many positions in Syria and Iraq in retaliation for a drone attack on a base in Jordan that killed three US soldiers. The strikes, which targeted elite Iranian units and pro-Iranian militant groups, have led to fears that the ongoing war in Gaza could spiral into...Russian foreign minister to speak at Valdai Middle East Conference
MOSCOW, RUSSIA - Russian Foreign Minister Sergey Lavrov will take part in the 13th Middle East Conference of the Valdai Discussion Club to be held on February 13-14, the club told TASS.“About 50 foreign and Russian experts and current political figures from 16 countries, including Algeria, the UK, Egypt, India,...Saudi, UAE ‘prior’ countries for Russia’s inbound tourism push
Moscow, Russia -- China, India, Iran, the United Arab Emirates (UAE) and Saudi Arabia will become prior countries for Russia in development of inbound tourism in 2024, according to the concept for promoting Russia’s tourism potential on foreign markets presented by Director General of the Center for Strategic Research Pavel...EU adopts cavalier approach in its desire for primacy
For EU leaders, it is their way or the highway as the wealthy, powerful bloc seeks to tame opposition and browbeat defiant countries and individuals into submission.Japanese lander disabled again but could restart after two weeks
Tokyo, Japan - After a brief awakening, Japan's Moon lander is out of action again but will resume its mission if it survives the two-week lunar night, the space agency said Thursday.The unmanned Smart Lander for Investigating Moon (SLIM) touched down last month at a wonky angle that left its solar...US to sell drones worth $4bn to India to bolster its defenses against China
The United States approved a $4 billion sale of state-of-the-art drones to India, offering a new edge to the growing US partner. The sale marks a milestone in Indian purchases of American weapons after New Delhi's reliance on weapons from Russia, which have been increasingly controversial due to sanctions over...OPEC+ panel reaffirms cartel’s current output reduction strategy
In an effort to shore up prices, the OPEC+ oil alliance of 23 nations has implemented supply cuts of more than five million barrels per day (bpd) since the end of 2022. Oil prices were up slightly on Thursday and hovering around $80 per barrel.Egypt grapples with dollar crunch as debt explodes
With inflation up at 35 percent, and amid a severe foreign currency crunch, the Egyptian pound is plunging and the US dollar has become hard to come by. The country's highly import-reliant economy, dominated by military-linked enterprises and with a fondness for infrastructure mega-projects, has been hit hard by a...UN court rejects most of Ukraine’s ‘terror’ case against Russia
Kyiv had accused Moscow of being a "terrorist state" whose support for pro-Russian separatists in eastern Ukraine was a harbinger of the full-fledged 2022 invasion. It wanted Russia to compensate all civilians caught up in the conflict, as well as victims from Malaysia Airlines flight MH17, which was shot down...Egypt’s wheat and oil reserves sufficient for several months, says minister
Cairo, Egypt-- Egypt has enough reserves of wheat to last it for many months, according to Dr. Ali Al-Moselhi, the Egyptian Minister of Supply and Internal Trade.The minister said the country's reserves of wheat are sufficient for 4.2 months, oil for 5.3 months, and sugar for 5.4 months.He noted that...NATO kicks off biggest military exercise since Cold War
The Western military alliance has said some 90,000 troops will take part in the months-long Steadfast Defender 24 exercise designed to test its defenses in the face of Russia's war on Ukraine. "The alliance will demonstrate its ability to reinforce the Euro-Atlantic area via trans-Atlantic movement of forces from North...EU plans measures to protect sensitive technology from China
The European Union unveiled plans to strengthen the bloc's economic security including measures to protect sensitive technology from falling into the hands of geopolitical rivals like China. Brussels has bolstered its armoury of trade restrictions to tackle what it deems to be risks to European economic security, following Russia’s invasion...NATO to buy ammunitions worth $1.2 billion amid Ukraine war
The latest deals -- signed with French firm Nexter and Germany's Junghans Microtec -- are estimated by officials to cover around 220,000 shells and deliveries to NATO members will start at the end of 2025.Tata Steel to slash 2,800 UK jobs
Tata Steel employs about 8,000 staff in the United Kingdom.China looks to woo back global elites at Davos forum
Prime Minister Li Qiang, who will make a special address on Tuesday, will be the most senior Chinese official to attend Davos since President Xi Jinping in 2017. The Prime Minister will be joined by Chinese Commerce Minister Wang Wentao, the governor of the People's Bank of China and high-ranking...UN wants $4.2 billion for Ukraine’s humanitarian aid in 2024
"Remember Ukraine?" UN aid chief Martin Griffiths asked as he launched the plan in Geneva. "Please do not forget Ukraine while there are many other places in the world which grab our attention." "As we go into 2024, the competition for funding is going to be more," he acknowledged, citing...China, Russia trade soared in 2023 as commerce with US sank
Beijing, China - Trade between China and Russia hit a record high in 2023, official data from Beijing showed on Friday, as commerce with the United States fell for the first time in four years on the back of geopolitical tensions.China-Russia trade reached more than $240 billion, customs figures showed, overshooting...Saudi Arabia signs MoUs with four countries for development in mining industry
RIYADH, SAUDI ARABIA – The Ministry of Industry and Mineral Resources has signed four Memorandums of Understanding (MoUs) with the Democratic Republic of Congo (DRC), Egypt, Morocco, and Russia.One of the aims of these MoUs is to foster international cooperation in minerals between Saudi Arabia and these countries.According to the...India’s Russian oil imports fall to 11-month low as price cap rises
Indian refiners bought 1.45 million barrels per day of Russian oil last month, their lowest amount since last January and down nearly 16 percent from November, according to global energy trade intelligence platform Kpler.Top global leaders to attend WEF meet amid Gaza, Ukraine war
Paris, France - US Secretary of State Antony Blinken, Israeli President Isaac Herzog and Middle East leaders will attend a World Economic Forum in Davos next week dominated by the war in Gaza, the WEF said Tuesday.Argentina's libertarian new president, Javier Milei, French President Emmanuel Macron and Chinese Premier Li Qiang...Eurozone inflation rises to 2.9% in Dec mainly due to energy costs
The data supports comments by European Central Bank (ECB) chief Christine Lagarde, who has warned that Europe should remain on guard despite falling inflation.FAO says global food prices fell 13.7 percent in 2023
World food prices fell in 2023, with considerable declines for grains and oils as supply concerns eased, the UN's Food and Agriculture Organization said. The FAO's cereals price index fell 15.4 percent last year, "reflecting well supplied global markets" compared to 2022, when prices soared after Russia's invasion of Ukraine,...13 million merchandise tons shipped via special corridor, says Ukraine
The corridor was created in August to link Ukraine's ports to the Bosphorus Straits, several weeks after Moscow refused to agree on a new accord to allow cereal exports through the contested Black Sea. The now-defunct accord had allowed Ukraine to export nearly 33 million tons of cereals and other...Russian strikes kill at least 30 across Ukraine
A massive air attack targeted schools, a maternity hospital, shopping arcades, blocks of flats, and many other sites, according to Ukrainian officials. The assault triggered international condemnation and fresh promises of military support to Ukraine, which has been fighting off invading Russian troops since late February 2022.GDP of new expanded BRICS to exceed that of G7 countries: Russia
Moscow, Russia - The aggregate GDP of the BRICS countries after the accession of its new members in 2024 will significantly exceed that of the Group of Seven (G7) countries, Russian Foreign Minister Sergey Lavrov said at a press conference following talks with his Indian counterpart, Subrahmanyam Jaishankar, Russian news...Russia redirected most oil exports to China and India, says Novak
After President Vladimir Putin sent troops to Ukraine in February 2022, Western countries hit Russia with a slew of sanctions including a European Union embargo on its seaborne oil deliveries. As it was losing much of its market share in Europe, Moscow pivoted to other buyers including China.Children among 5 killed in Russian strikes on Syria: rescuers, monitor
"On December 25 at 10:00 pm (0700 GMT) Russian warplanes targeted civilian houses" on the outskirts of the town of Armanaz, in Idlib province, said Abdel Halim Shehab of the White Helmets voluntary search-and-rescue group. Members of the White Helmets, which operates in rebel-held zones of northern Syria, pulled the...Russia extends ban on entry of trucks from EU, UK, Norway, Ukraine
MOSCOW, RUSSIA - The Russian government has extended the ban on the entry of trucks from the European Union, the UK, Norway and Ukraine to the country. “The restriction will remain in effect until the circumstances that served as the basis for its introduction are eliminated,” the Cabinet noted on...Russia won’t consider ratings while granting loans to countries
Previously, to be eligible for a loan from Moscow, a country could not be categorized in the sixth or lower credit risk groups according to the Organization for Economic Co-operation and Development (OECD) standards.Ukraine says it shot down three Russian Su-34 fighters
Air force commander Mykola Oleshchuk said the Su-34 jets were downed around noon on Friday. In his announcement he noted a message found on a downed Russian drone which read "Die, bitches". "Great idea! Here is our response!" he said on Telegram.Angola departure a blow for OPEC+ as cartel tensions rise
Despite slashing oil production for months on end and announcing new cuts in late November, the Organization of the Petroleum Exporting Countries and its ten allies have struggled to boost flagging prices. Moreover, the wider OPEC+ group faces pressure on multiple fronts, as rising US crude production, a looming transition...