Author: Steven Sahiounie

Higher borrowing costs have been hurting companies Corporate bankruptcies in the United States could reach the highest level since 2010 due to a sharp rise in borrowing costs and economic uncertainty, Guggenheim Investments has said this week, according to MarketWatch. The report indicated that more than 450 corporations had already filed for bankruptcy protection this year through the end of August, exceeding annual totals for the past two years. Guggenheim analysts said that a reacceleration of the US economy looks unlikely in the near future, due to the lack of supporting factors. “The fading of these tailwinds will be a…

Hikmet Hajiyev pledged that Baku would respect the rights of Karabakh’s Armenian population, making this a part of the reintegration process Azerbaijan is looking at amnestying members of Karabakh armed groups who give up their weapons, Azerbaijani presidential adviser Hikmet Hajiyev said on Friday. Hajiyev told Reuters that Baku is looking at amnesty for those Karabakh fighters who surrender arms. “Even with regard to former militaries and combatants, if they can be classified in such a way, and even for them we are envisaging an amnesty or alluding to an amnesty as well,” Reuters quoted him as saying. He pledged…

“You know that Russia has its own dialogue with Central Asian countries, which is extremely important for us,” Dmitry Peskov pointed out Russia monitored the US’ meeting with Central Asian countries on the sidelines of the 78th session of the UN General Assembly, but Moscow’s main focus remains to continue its own dialogue with the states of the region, Kremlin Spokesman Dmitry Peskov told reporters. “Asian countries, of course, have their own relations with the United States. Undoubtedly, it is the right of these countries to hold such meetings. We are following all this very closely. The main thing for…

It is also reported that one serviceman was killed The Kiev regime launched a missile attack on Sevastopol in the afternoon, damaging the historic headquarters of the Black Sea Fleet, with the Russian Air Defense Troops downing five missiles, the Russian Defense Ministry said. “This afternoon, the Kiev regime launched a missile attack on the city of Sevastopol. In the course of repulsing the missile attack, the Air Defense Troops shot down five missiles. As a result of the attack, the historic headquarters of the Black Sea Fleet was damaged,” the statement said. The ministry added that “according to available…

Ambassador Haider Ali Ahmed, Permanent Representative of Syria to the United Nations Office in Geneva,stressed that the allegations of concern regarding the Syrian- humanitarian situation in Syria are incompatible with the continued exploitation of it in the implementation of agendas of pressure and political blackmail which the Committee represents International Commission of Inquiry on Syria is one of its tools. Geneva, SANA-Ambassador Haider Ali Ahmed, Permanent Representative of Syria to the United Nations Office in Geneva,stressed that the allegations of concern regarding the Syrian- humanitarian situation in Syria are incompatible with the continued exploitation of it in the implementation of…

The request for expanding membership opportunities comes in an effort by the G4 to make the UNSC body more representative, diverse, and effective. On the sidelines of the UN General Assembly in New York, top diplomats of the G4 countries – Brazil, Japan, India, and Germany – convened and urged for a “comprehensive” reform of the UN Security Council (UNSC) and membership expansion. In a joint statement published by the Brazilian Foreign Ministry after the meeting on Thursday, the diplomats stated, “[The ministers] concurred that the UN Security Council’s inability to effectively and timely address contemporary global challenges reinforces the urgent need for…

Iran and Djibouti have announced their decision to resume diplomatic relations in the interest of their respective peoples. The development followed a meeting between Iranian Foreign Minister Hossein Amirabdollahian and his Djiboutian counterpart Mahamoud Ali Youssouf at the 78th session of the United Nations General Assembly in New York. Both counties have agreed to advance their friendly bilateral relations on the foundation of mutual respect for sovereignty, equality, common interests, and peaceful coexistence. Additionally, Iran and Djibouti have committed to enhancing cooperation in various sectors, including investment, trade, science, and technological innovation. During the meeting, Amirabdollahian expressed Iran’s readiness to expand…

2023 is a historic day for Chinese-Syrian relations, as President Xi Jinping and President Bashar al-Assad held a friendly meeting in the city of Khanzhou, and jointly announced the establishment of strategic partnership, said the Ambassador of China to Syria, Shi Hongwei, in a newspaper article on Friday. This partnership would contribute to strategic planning at the highest level for exchanges and cooperation between the two countries in various fields, in addition to strengthening the traditional Chinese-Syrian friendship in an unprecedented way, he added. China and Syria are two ancient civilized countries, and the exchange between the peoples of the…

As Deputy Foreign Minister of the Russian Federation Sergei Vershinin said, the point is to continue efforts regarding the implementation of the Russia-UN memorandum Russian Foreign Minister Sergey Lavrov and UN Secretary General Antonio Guterres did not touch upon any fundamental issues related to the grain deal at their meeting on Thursday, Russian Deputy Foreign Minister Sergey Vershinin said. “There are no principal things. This is about continuing efforts as far as the implementation of the Russia-UN memorandum with visible results so as to ensure unimpeded access of Russian agricultural products and fertilizers to the global market,” he told reporters…

Vasily Nebenzya pointed out that Russia was in close cooperation with African nations through the UN, where Russia rested its position on the principle “African solutions to African countries” Russia’s return to Africa has already happened, and African countries take note of good ties with Moscow, Russia’s Permanent Representative to the UN Vasily Nebenzya told reporters, commenting on African countries’ growing interest in Russia. “Russia is not coming back, it has come back to Africa,” he said. “All the African ministers who meet with [Russian Foreign Minister] Sergey Lavrov confirm that our economic trade is going up and we have…