Author: Steven Sahiounie

Israel Prime Minister Benjamin Netanyahu said he hoped to receive US military aid and to overcome US President Joe Biden’s pause on certain weapons, vowing to fight Hamas without American support amid what he called a disagreement with Washington.On Tuesday, sources said the US State Department moved a $1 billion weapons aid package for Israel into the congressional review process. Asked in a CNBC interview that aired on Wednesday if he could confirm the $1 billion package movement, Netanyahu declined to say but added that he appreciates US assistance. Source: Arab News

Ireland is certain to recognize Palestinian statehood by the end of May, the country’s Foreign Minister Micheal Martin said on Wednesday, without specifying a date.“We will be recognizing the state of Palestine before the end of the month,” Martin, who is also Ireland’s deputy prime minister, told the Newstalk radio station.In March the leaders of Spain, Ireland, Slovenia and Malta said in a joint statement that they stand ready to recognize Palestinian statehood.Ireland has long said it has no objection in principle to officially recognizing the Palestinian state if it could help the peace process in the Middle East.But Israel’s…

Turkish President Recep Tayyip Erdogan said on Wednesday that Türkiye will “continue to stand by Hamas which is fighting for its own land’s independence and defending Anatolia.” Speaking at the parliamentary group meeting in Ankara, Erdogan said: “Israel will not stop in Gaza, and if not stopped, this rogue state will eventually target Anatolia with its delusions of promised land.” He stressed that Israeli Prime Minister Benjamin “Netanyahu and those complicit in genocide will be held accountable for every drop of blood they have shed.” He said: “On Nakba, the Day of Catastrophe, we once again declare with all our…

President Mahmoud Abbas, accompanied by high-ranking officials, arrived today in Manama; the capital and largest city of Bahrain, to participate in the 33rd Arab Summit. Taha Abdul Qader, the Palestinian ambassador to Bahrain, said the president is expected to deliver the State of Palestine’s speech before the 33rd Arab Summit. The president is also scheduled to meet with several world leaders set to take part in the Summit. The Palestinian cause will be at the Top of the Summit’s agenda, including the ongoing Israeli aggression against the Palestinian people in the Gaza Strip and the West Bank, including Jerusalem. The President…

The Paris-based energy watchdog lowered its growth outlook for this year by 140,000 bpdto 1.1mln bpd, largely citing weak demand in developed OECD nations

Regular wages, excluding bonuses, grew by 6.0% in the first three months of 2024

Cryptocurrencies exist on a decentralized digital ledger known as blockchain and investors may opt to access their holdings either through a locally stored software wallet or a hardware wallet

The cumulative cost of post-pandemic public spending amid new geopolitical realities are now getting plotted into years ahead of outsize government deficits and debt projections

The EBRD, which covers economic trends across emerging Europe, central Asia, the Middle East and Africa, still expects economic growth of 3% across the 40 or so countries it covers, above 2.5% in 2023

Cross-border remittances continued to play an important role in Africa’s economy