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British Parliament condemns government silence on Gaza

Tel Aviv leads mass emigration in 2024

Highlights from Sheikh Naim Qassem's speech

What the bodies of Gaza's children endured before they died from cold

Israelis not satisfied with Netanyahu’s government

Yemen uncovers CIA, Mossad spy network, arrests agents

'Israel's' Gaza attacks fueling Islamophobia across Europe: Report

Lebanon warns: Boycott Waze; fueling Israeli interests

'We just do what the Israelis want us to do': Why former US official resigned over Gaza war

Today 10:38

London is 'natural home' for Chinese finance: UK treasurer

British Chancellor of the Exchequer Rachel Reeves is the most senior British official to visit China since former PM Theresa May met with President Xi Jinping seven years ago.

Lights marking the entrance to a subway station frame the New York Stock Exchange in New York's Financial District on December 23, 2024. (AP)

9 Jan

Wall Street to lose 200,000 jobs as AI cuts roles: Bloomberg

9 Jan

Inflation in Egypt falls to its lowest level in two years: Bloomberg

8 Jan

After Jordan, Carrefour halts operations in Oman over BDS campaign

7 Jan

Qatar dismisses rumors of gas exports to Europe via Syria, Turkiye

7 Jan

Saudi Arabia plans further borrowing spree to pay for projects

7 Jan

US corporate bankruptcies hit 14-year high amid inflation, weak demand

7 Jan

Qatar intends to support Syrian government wage increases: Reuters

7 Jan

Bread subsidies to be lifted within 2 months: Syrian Trade Minister

Qatar dismisses rumors of gas exports to Europe via Syria, Turkiye

The Qatari Foreign Ministry spokesperson says Doha's priority remains maintaining stability in Syria and addressing the needs of its people.

Saudi Arabia plans further borrowing spree to pay for projects

Bloomberg data indicate that the kingdom sold $17 billion in overseas bonds in 2024, placing it second only to Romania among developing markets.

US corporate bankruptcies hit 14-year high as interest rates cripple

US corporate bankruptcies hit 14-year high amid inflation, weak demand

The new record is the result of the global financial crisis as elevated interest rates and weakened consumer demand take their toll on struggling groups.

Qatar intends to support Syrian government wage increases: Reuters

The assistance has been facilitated by a US sanctions waiver issued on Monday, allowing financial transactions with Syrian governing institutions for six months.

a Syrian girl pushes a cart loaded with cooking gas canisters, in Aleppo, Syria on December 5, 2016. (AP)

Bread subsidies to be lifted within 2 months: Syrian Trade Minister

Syria's Minister of Internal Trade and Consumer Protection confirmed that the country's current wheat reserves are sufficient to meet its needs for the next five months.

Indonesia becomes full member of BRICS, Brazil announces

The decision to approve Indonesia's membership was made by consensus among the member states during the 2023 BRICS summit in Johannesburg.

Cats wait as men fish on the shore of the Sea of Tabarias, northern occupied Palestine, Saturday, Dec. 14, 2024. (AP Photo/Matias Delacroix)

'Israel' faces strain as CB holds rates, Northern evacuees in limbo

According to Bloomberg, 13 out of 14 analysts surveyed expected the central bank to leave rates unchanged, with one predicting a modest rate cut of 25 basis points.

A view of the Gherkin and other buildings in the City of, London, Thursday, Jan. 9, 2025 (AP)

UK gas reserves at 'concerningly low levels' amid Russian supply halt

British gas storage reserves are critically low amid the winter cold and the ensuing energy crisis due to Ukraine halting the transit of Russian gas through its soil.

Syria announces 400% pay hike for public sector employees amid reforms

The salary adjustment follows a thorough review of the public sector workforce, which includes around 1.3 million employees.

Germany's faces longest post-war recession, report finds

The Federal Statistical Office is expected to confirm the contraction for 2024 when it releases official data on January 15.

Euro falls to two-year low against dollar

The euro has dropped to its lowest level against the US dollar in nearly two years, reaching EUR/USD 1.03, amid Germany's economic stagnation and an ongoing EU-wide energy crisis.

China imposes trade restrictions on dozens of US firms

The companies singled out include major US defense manufacturers such as Raytheon Missile Systems, Boeing Defense, Space and Security, and Lockheed Martin Missiles and Fire Control.

Pipes at the landfall facilities of the Nord Stream 2 gas pipeline are pictured in Lubmin, northern Germany, on February 15,2022. (AP)

European gas prices surge after Russian flow disruption: Bloomberg

The loss of flows through Ukraine will increase Europe’s dependence on liquefied natural gas (LNG), including Russian shipments.

Venezuela economy grew over 9% in 2024: Maduro

US and Western sanctions have suffocated Venezuela's economy for years, with triple-digit inflation and millions of Venezuelans emigrating overseas.

Nippon Steel offers US veto power in bid for US Steel approval

If President Joe Biden does not approve the merger before he leaves office, the deal will automatically happen.

A young girl walks barefoot, carrying empty jerrycans to collect water, after overnight rainfall at the refugee tent camp for displaced Palestinians in Deir al-Balah, central Gaza Strip,, Tuesday, Dec. 31, 2024. (AP)

How 'Israel's' genocide shattered Gaza, West Bank economies: Report

The West Bank and Gaza have been facing a year marred by economic reductions and devastation, primarily due to the Israeli aggression on both.

Global corporate debt hits record $8Tln in 2024: FT

According to data from LSEG, corporate bond and leveraged loan issuance grew by over 33% from last year, reaching $7.93 trillion.

Protesters hold banners showing images of impeached President Yoon Suk Yeol, right, and acting President Han Duck-soo during a rally demanding Han's impeachment outside of the National Assembly in Seoul, South Korea, Dec. 27, 2024 (AP)

South Korea economy in shambles after martial law fiasco

The South Korean economy is suffering as people lose faith in the won following the crisis that afflicted the country.

View of an oil field under control of Kurdish militias near the town of Deriq, in a Kurdish area of Syria, near the border with Iraq, Saturday, March 2, 2013. (AP)

Turkiye seeks involvement in revitalizing Syria's oil, gas sector

Amid Syria's transitional period and unclear political future, Turkey is rushing to play a role in what is described as the "revival" of Syria's oil and gas infrastructure.

President Donald Trump, right, and Canadian Prime Minister Justin Trudeau, left, speak together as they depart a joint news conference in the East Room of the White House in Washington, on February 13, 2017. (AP)

Canadian foreign, finance ministers to meet Trump team on tariffs

The ministers will brief Trump's team on Canada's new CAN$1-billion ($694 million) border security plan, devised in response to the tariff threat.

Iraq plans to cut gas flaring to 20% in 2025

Along with Russia, Iran, and the United States, Iraq has the highest gas flaring rates, a technique that wastes fuel rather than collecting it and using it in sectors such as electricity generation.

Visitors check the China made BYD ATTO 3 at the IAA motor show in Munich, Germany, on Sept. 8, 2023. (AP)

EV sales in China to overtake traditional cars ahead of the West: FT

Sales of traditional gasoline-powered cars in China are expected to drop by more than 10% next year, falling below 11 million, a nearly 30% decline from 14.8 million in 2022.

Ukraine imposes export bans, quotas amid trade challenge

Analysts view these steps as part of Ukraine's broader strategy to ensure domestic supply while fulfilling international trade commitments.

Cuban leaders rally against US sanctions

Thousands of Cubans took to the streets outside the US embassy in Havana denouncing decades of crippling US sanctions that have plunged the island into economic hardship. Led by Raul Castro, a revolutionary icon, and President Miguel Diaz-Canel, the demonstrators chanted defiantly, “Down with the blockade” and “We will never surrender,” underscoring their rejection of US policies that have isolated Cuba for generations. In his speech, Diaz-Canel called on President Biden to overturn the Trump-era designation of Cuba as a state sponsor of terrorism, a label that has further restricted Cuba’s access to international financial systems. The rally, the first of its kind in over a decade outside the US diplomatic mission, signals a bold stance from Havana as it faces mounting challenges exacerbated by Washington's unilateral measures.