Author: Steven Sahiounie

Russian President Vladimir Putin has arrived in Pyongyang on a state visit at the invitation of North Korean leader Kim Jong Un. Kim welcomed the Russian president at the airport. This will be Putin’s third meeting with Kim since 2019. Long road On his way to North Korea, Putin crossed six time zones and made a stopover in Russia’s Siberian Republic of Yakutia. This is Putin’s second visit to North Korea in nearly 24 years. He visited Pyongyang in July 2000, two months after his presidential inauguration, when North Korea was ruled by Kim’s father, Kim Jong Il. Putin and…

Prime Minister Muhammad Mustafa today chaired a meeting of leaders of the security establishment in the city of Tulkarm, in the presence of Tulkarm Governor Mustafa Taqatqa. Mustafa confirmed that the meeting came under the guidance of President Mahmoud Abbas and a message of support for the Palestinian people in Tulkarm and the security establishment, in light of the comprehensive destruction that the governorate recently witnessed due to the practices and invasions of the occupation army into the city and the camps. The Prime Minister further considered Israeli ongoing incursion and destruction in the city of Tulkarm and its camps…

RIYADH: Global industries must halve emissions by the end of this decade to reach 2050 net-zero targets, according to a new analysis urging for increased clean energy infrastructure spending. 

The Ukrainian government announced on Monday it had failed to reach an agreement with a group of foreign bondholders that includes financial giants BlackRock and Pimco on restructuring Ukraine’s $20 billion in Eurobonds, according to a report by Reuters.

Alfa Bank has applied to the Chinese authorities to open offices in Beijing and Shanghai, according to the outlet

The bloc can compete in a strategic way, according to competition chief Margrethe Vestager The EU will try to challenge the US and China strategically, the bloc’s competition chief has suggested, however it may be no economic match for either. Margrethe Vestager told CNBC on Tuesday that the EU had become “much better” at defending itself against unfair trade practices, and that it will continue looking for ways to compete equitably with its economic partners. “The point is to realize we can never outspend China or the US,” Vestager said, pointing out: “We can spend strategically.” She cited a €100-billion fund for ten “cutting edge technologies” –…

By: Steven Sahiounie, journalist and political commentator The U.S. will be involved with negotiating with the Russians to bring peace to Ukraine, as did Kennedy in the 1962 Cuban Missile Crisis. On June 12, three Russian ships and a nuclear-powered submarine arrived in Havana, Cuba. Having crossed the Atlantic, the ships performed maneuvers designed to enhance military capability, and have remained in Cuba through June 17. Recently, President Vladimir Putin made a threat to supply unspecified countries with weapons capable of striking Kiev’s Western allies. The Kazan nuclear-powered submarine is capable of firing Kalibr cruise missiles, which have a range…

WASHINGTON – Six months ago the world’s major central banks were primed for a move that anyone with a credit card or hoping to buy a home or run a business would cheer: A global shift to lower interest rates that would make borrowing cheaper and loans more available across the board.

Goldman Sachs has raised its 2024 year-end target for the S&P 500 Index to 5,600 from 5,200 earlier, citing strong earnings growth by five mega-cap U.S. tech stocks and a higher fair value price-to-earnings ratio multiple.

LONDON – Shares steadied on Monday while the euro remained on the defensive amid political turmoil in Europe, as investors look for direction from a string of central bank meetings in the region this week as well as fresh U.S. economic data.