Author: Steven Sahiounie

Russia’s Finance Ministry has submitted to the government a package of amendments to the country’s tax system, Rossiyskaya Gazeta reported on Tuesday. The changes aim to introduce a new progressive tax scale and amendments to the 2024-2026 budget legislation.

The conflict between Moscow and Kiev is keeping energy prices high, a study released by the International Monetary Fund suggests

Western restrictions do not halt business but merely redirect it, the chairman of UAE’s main free-trade zone says

In a nation dominated by Wall Street, the strategy employed for combatting financial crises has seeped into other policymaking realms

Increasing duties on cereals, oilseeds and derived products is aimed at halting imports, according to the European Council 

The French leader has reportedly lobbied for a waiver for titanium, which is vital for aerospace giant Airbus

Nabil Abu Rudeineh, spokesperson for President Mahmoud Abbas, has commended the joint China-Arab statement issued today at the 10th Ministerial Conference of the China-Arab States Cooperation Forum in Beijing. The statement called for an immediate ceasefire in Gaza, opposed forced displacement of Palestinians, endorsed Palestine’s bid for full UN membership, and advocated for an early resolution to the Palestinian issue based on a two-state solution in line with international resolutions. It also condemned the U.S. veto against Palestinian rights. Abu Rudeineh emphasized that the positions outlined in the China-Arab statement are in full alignment with the official Palestinian stance, which calls for…

China’s President Xi Jinping makes a set of promises on Palestine and bilateral relations with Arab countries, as Beijing aims to bolster relations in the region. China’s President Xi Jinping said that the war on Gaza “should not continue indefinitely,” reiterating his government’s support for the establishment of an independent Palestinian state. Xi stressed that “Justice should not be absent forever,” adding that “commitment to the two-state solution should not be wavered at will.” He made the remarks during the China-Arab States Cooperation Forum in Beijing, where he announced that his country would increase its financial support to the United…

The United Nations Security Council (UNSC) today is set to vote on a draft Algerian resolution to stop the ongoing Israeli aggression against the city of Rafah. The draft resolution states that the Security Council may “decide that Israel, the occupying power, must immediately cease its military attack and any other action in Rafah.” The draft resolution calls for “an immediate ceasefire respected by all parties, and also demands the immediate and unconditional release of all hostages, and further demands that the parties comply with their obligations under international law with respect to all persons they detain.” It is noteworthy that…

The Slovenian government has approved a decision to recognize Palestine as an independent state, Prime Minister Robert Golob announced at a news conference today. This move aligns Slovenia with Spain, Ireland, and Norway, who recently extended similar recognition, according to a report by Reuters. This decision now awaits approval from the Slovenian parliament in the coming days. The recognition is part of a broader international effort to exert pressure on Israel to halt its ongoing military offensive against Palestinians in Gaza. Prime Minister Golob emphasized the need for an immediate cessation of the Israeli aggression on Gaza. “This is…