Author: Steven Sahiounie

Minister of Foreign Affairs and Expatriates Riyad Malki today held several meetings in New York with his counterparts on the sidelines of the 78th session of the United Nations General Assembly during which he briefed them on the latest developments in the occupied Palestinian territories. Malki met with his Canadian, Mexican, Bulgarian, and Dutch counterparts and told them that Israel’s violations against the Palestinian people and land demand their immediate intervention to force Israel to stop these violations. He said the Israeli escalation on the ground threatens peace and security in the region and the world. The foreign ministers reiterated…

The conversation unfolded behind closed doors Russian Foreign Minister Sergey Lavrov has started his working program at the UN General Assembly with a meeting with Jordan’s Deputy Prime Minister and Foreign Minister Ayman Safadi. The meeting took place at the room of the Russian mission to the UN. The sides warmly greeted each other. The conversation unfolded behind closed doors. Lavrov’s speech at the UN Security Council meeting on Ukraine is expected soon. Source: TASS

“You know that our president never stoops to this – to the level of personal insults against his colleagues. He certainly has his own opinion about this style of rhetoric,” Dmitry Peskov underlined Russian President Vladimir Putin never allows himself to stoop to insults, Kremlin Dmitry Peskov said when asked about the chances of a stern response to US President Joe Biden who had described Putin as a “dictator.” “You know that our president never stoops to this – to the level of personal insults against his colleagues. He certainly has his own opinion about this style of rhetoric. But…

The Russian leader stressed that this initiative was fully in line with the interests of Russia and China, “as it harmonizes our ideas to create a vast Eurasian space” Russian President Vladimir Putin has said he was pleased to accept Xi Jinping’s invitation to visit China in October for the Belt and Road Forum. “I was certainly pleased to accept the Chinese president’s invitation to visit China in October as part of an event promoting the [Chinese] president’s idea of One Belt, One Road, which has turned into an international brand,” Putin pointed out at a meeting with Wang Yi,…

Ahmed Abdu-Almalik Al-Ansi, Yemeni journalist and translator The head of the negotiating delegation of Sana’a, Mohammed Abdussalam, confirmed on Thursday that the current round of negotiations with Saudi Arabia is part of the discussions held by the national delegation with the Saudi delegation. Abdul Salam said the new round of negotiations with Saudi Arabia comes with “the thanks and appreciated support of the siblings in the Sultanate of Oman.” The most prominent file, which will be discussed with the Saudi side, is the humanitarian file, which is to pay salaries, open the airport and ports, and release all prisoners and…

The government will end the tax discount on energy provision three months early Berlin is planning to restore a 19% sales tax on gas and heat deliveries from the end of this year, Bloomberg reported on Monday, citing the German government. The move will effectively end the current discount rate three months earlier than planned. The value-added tax on natural gas was cut from 19% to 7% last October to ease the pressure on consumers amid soaring energy costs. The measure was supposed to last until the end of March 2024. According to deputy German government spokesman Wolfgang Buechner, Berlin…

The OECD has predicted the worst economic slowdown since 2008 Growth in the global economy will remain anemic as rising interest rates squeeze business activity, while China’s recovery from the pandemic has proved weaker than expected, the Organization for Economic Cooperation and Development (OECD) announced on Tuesday. In its latest Economic Outlook report, the OECD revised downwards its global economic forecast for 2024, expecting growth to slide to 2.7% next year, down by 0.2% from its June estimate, after an already “sub-par” expansion of 3% this year. The world economy will face its weakest annual growth next year, excluding 2020, when Covid-19…

The volume of transactions with foreign investors has already exceeded the total for 2022 Investment in Russian real estate surged 75% so far this year in annual terms to reach 467 billion rubles ($4.8 billion), an industry study has shown. Research conducted by IBC Real Estate found that residential real estate has been the largest recipient of investment, with volumes up by 27% to $1.5 billion. This was followed by retail real estate, which is up by 31% to $1.5 billion. Investment in office properties jumped 20% to $962 million, while hotel and industrial properties saw inflows rise by a…

The Eurozone’s powerhouse is struggling amid an energy crisis and recession Germany continues to grapple with challenges in its manufacturing sector as it suffers from higher energy costs, Goldman Sachs economist Peter Oppenheimer told CNBC on Tuesday. The EU’s largest economy officially slipped into a technical recession in the first quarter of the year as GDP growth was revised from zero to -0.3%. The Bundesbank announced on Monday that the economy is likely to shrink this quarter thanks to slow private consumption and the increasing weakness of industry. “The predicament that the economy is facing at the moment is really…

Consumer price growth in Britain has been driven by soaring fuel costs, a report has said Britain will face one of the highest inflation rates of any major developed economy this year, the Organization for Economic Cooperation and Development (OECD) revealed on Tuesday. UK inflation, which only recently fell to single digits for the first time since last summer, will average 7.2% this year, the Paris-based organization said in its latest Economic Outlook report. The rate of price growth in the UK was the fastest among the Group of Seven (G7) major industrialized nations and the third fastest across the…