Author: Steven Sahiounie

Several writers, researchers and political analysts affirmed that the curtain on the 32nd Arab Summit will establish a new phase of joint cooperation between Arab countries, and true determination to get rid of past disagreements and move towards the future. The Saudi writer and political analyst, Ali al-Jassem said that Syria is a founding country of the League of Arab States, and its decision to resume meetings opens a new and important phase in Arab history whose motto is security and stability. In his turn, Dr. Muhammad bin Saleh al-Harbi, a specialist in strategic studies and political sciences, noted that…

The chancellor described the Republican frontrunner as divisive while praising the incumbent president for his experience German Chancellor Olaf Scholz has expressed his support for Joe Biden in next year’s US presidential election, saying the incumbent president is better suited for the top job thanks to his extensive experience in politics. Speaking to pupils at a primary school near Berlin on Monday, Scholz was asked who he wants to win, Biden or Trump. He replied that the “current president is better” and that he hopes he will be re-elected, arguing that that 80-year-old Democrat knows “what you have to do…

This comes after news broke out that a Ukrainian sabotage and reconnaissance group had infiltrated the territory of the Grayvoronsky district of the region. Belgorod Region Governor Vyacheslav Gladkov said that three people were sent to hospital after a shelling struck Russia’s town of Grayvoron on Monday. Earlier this morning, the Governor said that a Ukrainian sabotage and reconnaissance group had penetrated the territory of the Grayvoronsky district of the region. “There are three more victims in Grayvoron, two men and one woman with shrapnel wounds, they are in the hospital in a state of moderate severity. All necessary medical…

Activities of The 49th edition of Arab Labor conference kicked off in Cairo on Monday amid wide welcome of the participation of the Syrian delegation and the return of Syria to assume its role at the Arab League. On the sidelines of the opening ceremony, the member countries elected President of the Syrian Trade Unions, Jamal al-Qaderi, as head of the workers’ team at the conference. “Issues have returned to their normal when Syria was back to its seat at the Arab League,” Mohammad Shehata, Minister of Manpower in Egypt said in a speech. Iraqi Labor Minister, Ahmad al-Assadi, for his…

Europe may have done a good job in reducing its dependency on Russian oil and gas and mitigating an energy crisis caused by the war in Ukraine but it’s “not out of the woods” yet, the head of the International Energy Agency (IEA) told CNBC. “Europe was able to transform its energy markets, reduce its share of Russian gas to less than 4%, and its economy still didn’t go through a recession,” Fatih Birol, the IEA’s executive director told CNBC’s Martin Soong on Sunday. “Europe emissions have declined … and gas storage is at very decent levels,” Birol said, speaking…

As a possible debt default looms just 11 days away, President Joe Biden and House Speaker Kevin McCarthy, R-Calif., will meet in person at the White House on Monday to resume negotiations around the debt ceiling, NBC News reports. McCarthy told reporters that he had a “productive” call with Biden on Sunday, and that staff members for both parties will resume talks later that same day. A White House spokesperson confirmed to NBC News that staff would restart negotiations at 6 p.m. Sunday, and that Biden and McCarthy will meet on Monday. It is not yet known what time the meeting will begin,…

There’s plenty of optimism about Thailand due to its tourism potential, but political headwinds could still be a game-changer, says Kelvin Tay from UBS Global Wealth Management. While Thailand stands to be a “big beneficiary” of China’s reopening and an expected tourism boost, so far, outbound tourism from China has been “pretty meager,” Tay told CNBC “Squawk Box Asia” Thursday. China’s employment numbers need to go up first, he added. Thailand also needs to reinvest in infrastructure and rebuild at a faster rate, said Tay. The country had plans to build up infrastructure on its eastern seaboard side via new ports…

China’s chip stocks rallied on Monday morning following Beijing’s announcement to bar some purchases of products from U.S. memory chipmaker Micron. China’s Cyberspace Administration barred operators of “critical information infrastructure” in China from buying products from the U.S. chip giant following a security review conducted by the Cyberspace Administration of China. Chinese authorities said Micron products have failed its network security review, and cited “serious potential network security issues.” The firm poses a “major security risk” to China’s critical information infrastructure supply chain and affects its national security,” a statement said. Shares of Chinese chipmakers largely rose on Monday following the move: Hong…

Analysts are bullish on Chinese big tech firms even though recovery looks uneven across companies and their latest earnings. While search engine giant Baidu beat revenue and profit estimates for the first quarter of 2023 and Tencent bounced back to growth after consecutive negative and flat quarters, Alibabamissed first-quarter revenue expectations and its Hong Kong-listed shares slid almost 5% on Friday. “Baidu, Alibaba, Tencent reported — most of the earnings were a beat,” Ronald Keung, head of Asia Internet Research at Goldman Sachs, told CNBC’s “Street Signs Asia” Friday. Alibaba missed analysts’ revenue estimates, but revenue rose 2% year on…

By: Ahmed Abdu-Almalik Al-ansi. | Yemeni journalist and translator. Progress for Yemen’s peace talks is obstructed by US, however Yemeni parties are about to end the war, and the UN special envoy, Hans Grundberg, has asserted that all parties go on with an agreement on humanitarian and economic. The Interspet journal in America expressed the negative efforts of United States’ to undermine Yemen’s peace discussions, leading the country back into conflict. According to the written report by Ryan Grem, the United States obstructs peace talks in Yemen, and the U.S. is aggressively promoting for restarting the conflict. Grim reported that…