Author: Steven Sahiounie

The US risks getting stuck in another forever war, the former president has arguedThe United States needs a clear exit strategy for the conflict in Ukraine, former President Donald Trump told a campaign rally, insisting that neither current US leader Joe Biden nor his Democratic rival Kamala Harris has any such plan. “Biden and Kamala got us into this war in Ukraine, and now they can’t get us out. They can’t get us out,” Trump told the crowd in Savannah, Georgia, on Tuesday, reiterating his promise to end the conflict as soon as he is reelected. “I think that we’re stuck…

The Pentagon and the State Department reportedly disagree on the issueVladimir Zelensky is expected to bring up the issue of restrictions on long-range attacks into Russian territory when he meets with US President Joe Biden later this week, White House national security spokesman John Kirby has said. Ukraine’s leader is scheduled to meet with Biden and Vice President Kamala Harris on Thursday, after giving a speech at the UN General Assembly in New York. “I’m sure the issue will come up,” Kirby told reporters on Tuesday, speaking on the sidelines of the UN session, adding that Biden “has not made a policy…

The move comes as the result of mounting debts linked to the pandemic and the Ukraine conflict, Finnish state broadcaster Yle has reported A Finnish zoo is preparing to return two giant pandas to China because it can no longer afford their upkeep, state broadcster Yle has reported. The pandas, named Lumi and Pyry, were brought to Finland’s second-largest privately owned zoo in January 2018, nine months after Chinese President Xi Jinping visited the Nordic country and signed a joint agreement on protecting the animals. However, Ahtari Zoo has faced financial difficulties in recent years and management announced on Monday that…

The Organization of the Petroleum Exporting Countries (OPEC) predicts that global energy demand will increase by 24% by 2050, driven by economic growth and population expansion. Despite the rise of renewable energy sources, OPEC emphasizes that oil and gas will remain central to ensuring global energy security. According to OPEC’s 2024 World Oil Outlook report, released in Brazil on Tuesday, global energy demand is projected to grow from 301 million barrels of oil equivalent per day (mboe/d) in 2023 to 374 mboe/d by 2050. This growth is expected to occur alongside a robust global economic expansion, averaging 2.9% annually over…

According to Reuters calculations released on Tuesday, Russia’s oil and gas revenues are expected to surge by 49% year-on-year, reaching 8.3 trillion rubles (equivalent to $89.4 billion) from January to September. This increase is driven by rising oil prices and a weakened ruble. Oil and gas revenues are a critical source of income for the Kremlin, contributing between one-third and one-half of the total federal budget over the past decade. Preliminary estimates indicate that Russia’s oil and gas revenues in September reached 779 billion rubles, marking a 5% increase compared to the same month in 2023 and remaining unchanged from…

Libya’s crude oil exports have plummeted to around 400,000 barrels per day (bpd) in September, down from 1.02 million bpd in August, according to port and shipping data. This sharp decline comes as the OPEC member nation grapples with a political crisis that has significantly reduced its oil production. Data from oil analytics firm Kpler and port agents indicate that the majority of Libya’s crude oil exports this month have been directed to Italy and Greece, with smaller shipments heading to China and Canada. The ongoing political turmoil in Libya has led to the shutdown of a substantial portion of…

Gulf stock markets closed higher on Tuesday, aligning with the rise in oil prices and gains in Asian stocks, which were bolstered by widespread stimulus measures in China. However, geopolitical tensions in the Middle East limited the overall gains. Oil prices, a key driver for Gulf financial markets, surged more than 2% amid China’s monetary stimulus actions and concerns that tensions in the Middle East could disrupt supply from the region. Additionally, a new hurricane threatens oil supplies in the United States, the world’s largest crude producer. Pan Gongsheng, the Governor of the People’s Bank of China, announced plans to…

U.S. President Joe Biden urged for a diplomatic resolution as Israel continues to target Hezbollah positions in Lebanon, warning of the potential for an “all-out war” in the country. In his address to the United Nations General Assembly, Biden emphasized that “an all-out war is not in anyone’s interest. Despite the deteriorating situation, a diplomatic solution is still achievable.” Biden also called on Israel and Hamas to finalize a ceasefire proposal that was introduced months ago, reaffirming his commitment to ending the conflict in Gaza. Referring to the agreement brokered by the United States, Qatar, and Egypt, Biden stated, “It…

Former Sudanese President Omar al-Bashir, who was ousted in a 2019 popular uprising, has been transferred from the war-torn capital of Khartoum to the city of Merowe in northern Sudan for medical treatment, according to his defense team. Bashir’s lawyer, Mohamed Hassan Al-Amin, stated that the 80-year-old former leader, who has been imprisoned along with his allies since his removal from power, was moved to a detention center in Merowe before receiving treatment at a local hospital. “He requires ongoing health monitoring and routine checkups. Occasionally, he experiences complications that necessitate follow-up care. However, his current condition is not critical,”…

Lebanon’s Health Minister, Firas Abiad, announced on Tuesday that the death toll from Israeli airstrikes on southern and eastern Lebanon on Monday has risen to 558, with more than 1,800 injured. This marks the highest single-day casualty count since the 2006 war between Israel and Hezbollah. During a press conference, the minister stated that the updated toll from Monday’s airstrikes includes 558 dead, among them 50 children and 94 women. He emphasized that the majority of the victims were civilians sheltering in their homes. The number of injured reached 1,835, with 54 hospitals mobilized to treat the wounded on Monday,…