Author: Steven Sahiounie

The 32% net increase is expected to be mostly driven by a strong recovery in foreign direct investment and by cash directed at equity portfolios

Turkish Foreign Minister Hakan Fidan on Friday discussed the latest proposal raised in negotiations between Palestinian group Hamas and Israel in a phone call with US Secretary of State Antony Blinken. Indirect talks between the two sides, mediated by the US, Qatar and Egypt, have so far failed to secure agreement on a permanent cease-fire in the Gaza Strip. Israel has continued its brutal offensive despite a UN Security Council resolution demanding an immediate truce. Israel has killed more than 36,000 Palestinians in Gaza since a cross-border attack by Hamas on Oct. 7, 2023 which claimed 1,200 lives and around…

Highlighting his longstanding commitment to “Israel”, US President Joe Biden has introduced a new captive deal proposal. US President Joe Biden laid out a new proposal that involves releasing Israeli captives in exchange for a ceasefire in Gaza. Biden claimed that this is the most effective step toward de-escalating the ongoing war, adding, “With a ceasefire, that aid could be safely and effectively distributed to all who need it.” “As someone who’s had a lifelong commitment to Israel, as the only American president who has ever gone to Israel at a time of war, as someone who just sent the…

In the UK, temperatures at the start of the month will probably be around normal or a little above average BRUSSELS – Across the globe, climate change is intensifying extreme weather, bringing violent storms to Texas and deadly heat to India, following 10 consecutive months of record high temperatures, according to a Bloomberg report on Friday. In recent weeks, Europe has been largely spared such events, although Helsinki — the world’s second-most northerly capital — was nearing 30C (86F) this week, in heat more familiar to Mediterranean resorts. Europe is set for a cool start to summer, as wet and…

India’s fiscal deficit for the financial year ended March 31 was lower than its full-year target of 5.8% of the gross domestic product due to a small cut in expenditure, government data showed on Friday.

Canada’s economy saw slower than expected 1.7 percent growth in the first quarter, government data showed Friday, adding to expectations of a central bank cut in interest rates.

The Tourism Real Estate Agency and Algeria’s Agency for Tourist Real Estate (ANFT) signed Thurdsay a twinning agreement which regulates cooperation in tourist development.

The ministry expects to reach financial close in 2025 with construction, commissioning and commercial operations due in 2026, Abdelghafour El Hadjaoui said in a presentation seen by Reuters

Adjusted for inflation both overall consumption and disposable income dropped slightly in April Price cuts by major U.S. retailers and new data showing a slowdown in consumer spending may boost the Federal Reserve’s confidence in falling inflation and take the edge off of corporate profits that have grabbed a larger share of national income since the start of the COVID-19 pandemic. Adjusted for inflation both overall consumption and disposable income dropped slightly in April. The Commerce Department had reported on Thursday that the U.S. economy grew more slowly than initially thought over the first three months of the year largely…

The agreement aims to establish tax treaties between the two countries to eliminate all cases of double taxation