Author: Steven Sahiounie

S&P Global Ratings has lowered Ukraine’s credit rating to ‘selective default’ after Kiev missed an international bond payment earlier this week as it seeks a major debt restructuring. 

Austria’s ruling coalition has reportedly agreed to completely eliminate the country’s Russian gas supply by 2027, media outlet Kurier reported on Saturday, citing a draft document.

Billionaire investor Warren Buffett’s Berkshire Hathaway has significantly cut its investment in Apple, offloading nearly half of its holding since the start of the year, according to a quarterly earnings report released on Saturday.

On the occasion of “Islamic Human Rights and Human Dignity Day,” the spokesperson of the Ministry of Foreign Affairs, Nasser Kanaani, called for more effective support from Islamic nations and governments for the rights of millions of Palestinians. In a statement released on August 4, Kanaani emphasized the significance of this day, highlighting the principles and values upheld by Islam regarding human rights and dignity. “In the Name of Allah, the Most Compassionate, the Most Merciful, “Kanaani began the statement with a verse from the Holy Quran: “O mankind, indeed We have created you from male and female and made…

Iran’s Acting Minister of Foreign Affairs Ali Bagheri held talks with Algerian Foreign Minister Ahmed Attaf and balsts the terrorist move by the Zionist regime to martyr Ismail Haniyeh the head of the political office of the Palestinian resistance movement Hamas warning that The Islamic Republic of Iran warning it will definitely use its legitimate and inherent right to decisively and effectively punish the criminal Zionists. . Iran’s Acting Minister of Foreign Affairs Ali Bagheri held talks with Algerian Foreign Minister Ahmed Attaf and exchanged views on the fallout of the terrorist move by the Zionist regime to martyr Ismail…

Turkish Foreign Minister Hakan Fidan will start a two-day visit to Egypt on Sunday to discuss boosting bilateral relations and current international and regional developments with Egypt’s Minister of Foreign Affairs Badr Abdelatty, the Turkish Foreign Ministry announced on Saturday. Turkish state TV TRT said the two top diplomats would review preparations for the first High-Level Strategic Cooperation Council meeting, set to take place during Egyptian President Abdel-Fattah El-Sisi’s upcoming visit to Turkey. They will also evaluate the current status of nearly 20 agreements expected to be signed during the meeting. FMs Abdelatty and Fidan will also discuss developments in the Gaza war,…

“Israel” and the United States will regret the assassination of Ismail Haniyeh, the head of Hamas’ political bureau, after Iran’s “crushing and clever response,” Parliament Speaker Mohammad Baqer Qalibaf said on Sunday. “The sweet taste of a celebration of religious popular sovereignty…[in] the Islamic Republic turned bitter by the martyrdom of operational and political commanders of the Resistance, particularly Ismail Haniyeh, who was our guest,” the politician said during an open parliamentary session, referring to the late Hamas leader’s presence in Tehran for President Masoud Pezeshkian’s inauguration. “Undoubtedly, the Islamic Republic’s crushing and clever response will leave a sweet taste in the mouth of…

Interim Foreign Minister Ali Bagheri Kani has expressed Iran’s “serious resolve” to bring Israel to account for its crimes and adventures that put the region at risk. In posts on his X account early on Sunday, Bagheri Kani said that he had discussed regional developments with top Jordanian and Egyptian diplomats during his second telephone conversation with the pair in the past 48 hours. “The situation in West Asia is particularly critical due to continued crimes and dangerous adventures of the ruling criminal gang in Tel Aviv,” he said. “The regional Muslim countries should adopt a unified and decisive position and take…

Negotiations held in Cairo on Saturday regarding a ceasefire in the Gaza Strip and a potential hostage exchange have reached a deadlock, according to Axios political reporter Barak Ravid. Despite the high-level discussions, no breakthrough was achieved. A high-level Israeli delegation had arrived in Cairo to engage with Egyptian special services on the matter. However, two Israeli officials reported that the talks did not produce the desired results, with negotiations remaining stalled and a resolution seemingly distant. The stalemate follows reports from the Spanish news agency EFE on Friday, which cited Egyptian security services indicating that contacts between Egyptian and Qatari intermediaries with the…

The French and US foreign ministers called on all sides in the Middle East “to exercise the utmost restraint” to prevent a regional conflict, France’s foreign ministry said Saturday.French Foreign Minister Stephane Sejourne discussed the rising tension in the region by telephone with his US counterpart Antony Blinken, said a ministry spokesman.“They agreed to continue to call on all parties to exercise the utmost restraint to prevent any regional conflagration that would have devastating consequences for the countries in the region,” he added.They will also continue their joint efforts for a lasting ceasefire in Gaza, the spokesman added.The meeting comes…