Author: Steven Sahiounie

Egyptian economic analyst Hanan Ramses talked about the Arab countries’ support for Egypt, after the Standard & Poor’s credit rating agency expected that the Gulf countries would provide additional economic aid to Egypt. Ramses said, “A country with the weight of Egypt and the strength of its presence in all political, strategic and security situations will not lack, need, or extend a hand. The successive talks about the failure of Arab countries towards Egypt is a path of trying to reduce the strength of inter-relationships between countries that have historical and strategic ties.” Ramses indicated in an interview with RT…

Russian President Vladimir Putin welcomed the participants in the international industrial exhibition “Innoprom Central Asia”, according to a statement published on the Kremlin website today, Tuesday. “Dear friends! I welcome you on the occasion of the opening of the international industrial exhibition “Innoprom Central Asia”. Central Asia has the richest natural resources, huge human potential and the regional processes of economic cooperation show very high dynamics,” the statement read. The Russian President indicated that the most indicative indicator of the development of interaction between the countries hosting the event (Russia and Uzbekistan) is the increase in bilateral trade by more…

Assistant to the Russian President Maxim Oreshkin outlined the trends of the Russian economy in the current year, and talked about relations with the West under sanctions and strategic cooperation with China. In a speech during his participation in the “Knowledge Marathon” event today, Tuesday, the Russian official said: “If the West wants to resume economic cooperation with Russia, it will be questionable because we already know the price of that.” Regarding Western companies withdrawing from Russia, Oreshkin said: “Many Western companies have publicly announced that they will leave Russia, but they are now trying to bring their equipment and…

Lavrov explains that ‘rules’ were being enforced by the US and its allies to justify measures against countries abiding by international law and refusing to yield to the ‘vested interests’ of the ‘golden billion’. Russian Foreign Minister Sergei Lavrov’s visit to the UN Headquarters in New York was filled with surprise statements and call-outs. During his statement at the UN Security Council meeting on effective multilateralism and defending the principles of the organization’s Charter, Lavrov called out Western countries for taking it upon themselves to speak on behalf of the world. “Let us call things by their proper names: no one has…

According to the news outlet, the US President may announce his re-election campaign in a video address on April 25 US President Joe Biden said that he will announce his participation in the 2024 presidential campaign “very soon.” “I’ve already told you that I’m planning to introduce myself. I’ll let you know very soon,” Biden told reporters, according to the White House press office. Should Biden be re-elected, he would be 82 then. Earlier, The Washington Post said that the Democratic Party views this prospect without much enthusiasm. They support Biden because they see it as a chance to prevent…

Three children were martyred and two others were wounded in Tal Tamer town in a landmine explosion, planted by the US occupation in the vicinity of its base in Qasrak area, north of Hasaka city. ‘A landmine, planted by the US occupation forces to fortify their base, 20 km east of Tal Tamer in Hasaka countryside, went off near a group of children’, local sources told SANA The sources added that two children were killed and others were rushed to Tal Tamer hospital, as later a third child died succumbed to his injury, while the other two children are still…

Steven Sahiounie, journalist and political commentator China played the pivotal role in building the bridge of peace between Iran and Saudi Arabia. Now, China is turning its efforts to negotiating an end to the war in Yemen, which has been a proxy war between Iran and Saudi Arabia. China’s new status as a peacebuilder has side-lined the US, which had been profiting from arms sales and wars in the Middle East for decades. Iraq, Libya, Syria and Yemen have all been devastated by the US military and their allies since 2003, and the US military continues to occupy parts of…

The UK government says it will build with the Netherlands the world’s largest multi-use electricity power line under the North Sea. The United Kingdom and the Netherlands will build a new underwater power line, LionLink, in the North Sea to provide 1.8 million UK houses with electricity, the UK government announced on Monday. “The world’s largest multi-use electricity power line will be built under the North Sea, boosting UK energy supplies with enough to power 1.8 million homes – more than Birmingham and Manchester combined. The new LionLink will connect the UK and the Netherlands with offshore wind farms,” the…

A Chinese city wants to pull off a world first – by becoming the first city to pay its employees entirely in a central bank digital currency (CBDC). The move would be a massive breakthrough for the People’s Bank of China (PBoC) and its digital yuan token. The Shenzhen Securities Times reported that Changshu, in Jiangsu Province in Eastern China, wants to pay “all of the wages” of both “public officials and the employees of state-owned enterprises” using the CBDC from next month. Changshu is a satellite city near Suzhou, a much larger urban settlement with some 11 million residents. Around 1.5 million people live in…

The price of Shiba Inu (SHIB) has dropped to $0.00001030 today, making for a 1.5% decline in the past 24 hours as the cryptocurrency market as a whole falls by 1%. SHIB’s current price means it has declined by 11% in a week and by 3% in the last 30 days, although the meme token has gained by 27% since the beginning of the year. It’s also encouraging to note that the coin’s 24-hour trading volume has begun to rise upwards again, moving beyond $100 million in the past day in a sign that positive volatility could be reentering the…