Author: Steven Sahiounie

The share of ruble transactions in Russia’s foreign trade, particularly with the rest of Europe, has been steadily growing, hitting record highs in March, according to data from the country’s central bank.

The rand has rallied this week to its strongest levels in 2024, helped by an improvement in risk sentiment as bets grow that the U.S. Federal Reserve may cut interest rates in September

During the gathering, both sides outlined the ongoing efforts to complete the establishment of the UAE-Lithuanian Business Council

The International Monetary Fund said on Friday that Qatar’s post-World Cup growth normalization is expected to bottom out in the near term.

Steven Sahiounie, journalist and political commentator Dr. Waleed al-Tabtabai, a former Kuwaiti member of the National Assembly, and a man integrally involved in the fundraising of the Radical Islamic terrorists who invaded Syria and killed thousands of unarmed civilians, was arrested by Kuwaiti authorities on May 12, after he posted on his X account, formerly Twitter.In the post, al-Tabtabai accused unnamed countries of interfering in Kuwait’s internal affairs, calling this “unacceptable” and expressed hope that the National Assembly would be reinstated “with all its constitutional powers”. Experts suspect al-Tabtabai was referring to Saudi Arabia and the UAE, who have both…

Russian President Vladimir Putin has characterized relations between Moscow and Beijing quoting a 1940s song. Speaking ahead of a concert dedicated to the 75th anniversary of the establishment of diplomatic relations between Russia and China and the start of the Cross-Cultural Years, he expressed confidence in the brotherly interaction between the two countries. “The event is dedicated to the 75th anniversary of the establishment of diplomatic relations. There is a famous song from that time, it was created 75 years ago, but is often sung today: there is a quite famous line in it: ‘Russian and Chinese are brothers forever’,”…

The military wing of Hamas says Palestinians are ready for a long war of attrition, pledging to stand up to Israel’s ground invasion of Rafah in the southern Gaza Strip and elsewhere. “Despite our full desire to stop the aggression against our people, we are prepared for a long battle of attrition against the enemy, dragging them into a swamp where they will gain nothing but the death of their soldiers and the capture of their officers,” Qassam Brigades spokesman Abu Obeida said in a video message. “This is because we are the people of this land and are its rightful owners,” he added. His remarks…

Spain denies that it seeks to recognize Palestinian statehood on May 21, but says it is ready to do so at a later date. Spain will not recognize the Palestinian state on May 21 as previously speculated, but remains open to doing so in coordination with other countries at a later date, Spanish Prime Minister Pedro Sanchez announced on Friday. This clarification follows recent reports from Irish broadcaster RTÉ that Ireland, Spain, Slovenia, and Malta were considering recognizing Palestinian statehood on May 21. However, Spanish Foreign Minister Jose Manuel Albares did not confirm these reports, although he indicated that a fundamental decision on…

The International Court of Justice (ICJ) is examining South Africa’s request to impose urgent measures on Israel to withdraw its forces from Rafah in the southern Gaza Strip The court, based in The Hague, is set to hear lawyers representing South Africa and Israel’s response tomorrow. South Africa had asked the court to urge Israel to immediately withdraw its forces and stop its military offensive against the city of Rafah and to immediately take all effective measures to ensure unimpeded humanitarian access to Gaza It also asked the court to issue an order to Israel to allow UN officials and…

With the participation of the President of the State of Palestine, Mahmoud Abbas, the work of the 33rd Arab Summit began in the Bahraini capital, Manama. The Palestinian cause and the Arab-Israeli conflict and its developments are expected to top the Summit’s agenda. President Abbas is set to deliver the speech and meet with a number of leaders participating in the Summit. The Summit will discuss various issues related to joint Arab action in political, economic, social, cultural, and security fields. The Summit gains great importance due to the precise timing in which it is held, with the continuation of the barbaric…