Author: Steven Sahiounie

Minister of Foreign and Expatriates, Fayssal Mikdad, stressed the importance of caring about the interests of Syrian citizens abroad and providing them with the best services, in addition to strengthening communication with them continuously. Meeting on Sunday with heads of Syrian diplomatic missions appointed in a number of brotherly and friendly countries who will carry out their tasks there in the coming days, Mikdad provided them with instructions related to Syria’s stances on various developments and political events in the region and the world. He stressed the importance of taking care of the interests of Syrian citizens abroad and providing…

A child was seriously injured in a missile shelling terrorist attack on Jourin area, Hama countryside. Terrorist groups are almost deployed in the de-escalation zone of Idleb. ‘The terrorist organizations, deployed in Idleb, targeted on Friday evening with several rocket shells Jourin area in al-Ghab, Hama countryside, injuring a child and causing material damage to public and private properties’, a police source told SANA. The source added the child was admitted to Hama National Hospital for treatment. Source: SANA

Dozens of Israeli settler terrorists launched an attack this evening on the town of Qusra, to the south of Nablus in the northern West Bank, according to local sources. The sources said scores of settlers from the nearby Yish Kodesh settlement outpost attacked the southeastern outskirts of the town under the protection of Israeli occupation forces. The town’s residents confronted the settlers, resulting in confrontations at the scene. The town of Qusra has been a site of repeated confrontations due to the presence of colonial Israeli settlements in close proximity. These incidents underscore the ongoing hardships faced by local Palestinian residents…

The DPRK’s Ambassador to the United Nations says the DPRK’s goal is to build its self-defense capability. The DPRK’s Ambassador to the United Nations Kim Song stressed that Pyongyang is exercising its right to self-defense with its latest satellite launch attempt earlier this week. State-run Central News Agency reported earlier this week that the country’s second attempt to launch a reconnaissance satellite had failed, adding that in October, a third attempt will be made. “Our launch of the reconnaissance satellite is an exercise of the right to self-defense,” Kim stressed during a UN Security Council meeting on Pyongyang’s latest satellite launch attempt. The DPRK’s goal…

WASHINGTON (Sputnik) – The Federal Reserve will keep raising interest rates as long as it is needed to bring inflation back to its long-term target of 2% per year given that the US economy is not cooling as was initially thought, Chairman Jerome Powell said on Friday. “It is the Fed’s job to bring inflation down to our 2% goal, and we will do so,” Powell stressed, opening the US central bank’s annual symposium in Jackson Hole, Wyoming. The symposium is said to be one of the most-watched events for clues on decisions concerning the US interest rates. Powell stated…

European Central Bank President Christine Lagarde expects the economic downturn facing most Western economies to continue, saying the world may be entering “an age of shifts in economic relationships and breaks in established regularities.” “If we are in a new age, past regularities may no longer be a good guide for how the economy works,” Lagarde said, speaking at a central bank symposium in Jackson Hole, Wyoming, also attended by US Federal Reserve Chairman Jerome Powell, on Friday. “We…need to be open to the possibility that some of these changes could be longer-lasting,” Lagarde added, citing a “deepening geopolitical divide…

The aim is to stimulate investments in the green economy, develop sustainable solutions to environmental challenges, and encourage innovation to support sustainable development and balance economic growth and environmental sustainability: Saeed Mohammed Al Tayer DUBAI – The World Green Economy Organisation (WGEO), Dubai Electricity and Water Authority (DEWA), and the Dubai Supreme Council of Energy (DSCE) announced that the 9th World Green Economy Summit (WGES) will be held on 28th-29th November 2023 at Madinat Jumierah Conference Centre. This will be right before the 28th Conference of the Parties (COP28) of the United Nations Framework Convention on Climate Change (UNFCCC), which will…

The UAE’s inclusion in BRICS is set to begin in January 2024 The UAE has officially become a member of the BRICS group, following a successful application approved by the founding nations during the 15th BRICS summit in Johannesburg from August 22 to 24. “The UAE is committed to multilateral action, and constructive dialogue which is fostered through active platforms that represent developing and emerging economies at an international level,” the Emirates News Agency (WAM) said on Friday. The nation has been a long-term partner of the group, previously participating in the ‘Friends of BRICS’ forum in Cape Town and joining the BRICS New Development Bank in…

Green Dot faced similar allegations that resulted in a class-action settlement and Senate scrutiny. Like many customers of Green Dot Bank, Texas resident Sheldon Ransom first encountered the online banking company through TurboTax, in the form of a stimulus check. Though perhaps not a household name, Green Dot, headquartered in Austin, Texas, with a Utah-based bank regulated by the Federal Reserve, has been used by millions of Americans like Ransom, who said he was “never a big banking person” and used to carry cash but suddenly found an easy way to receive basic banking services through the company. Green Dot,…

Quantitative funds hit by reversals in government bonds as investors rethink their interest rate expectations Hedge funds that try to make money by betting on prevailing trends in global markets are struggling to repeat their bumper 2022 as violent swings in asset prices and rapid shifts in investors’ interest rate expectations throw them off balance. So-called commodity trading advisers (CTAs), including Leda Braga’s Systematica and Stockholm-based Lynx Asset Management, have posted losses of close to 10 per cent year to date, according to numbers seen by the Financial Times, while others have struggled to make money. Such funds use vast…