Author: Steven Sahiounie

The UN General Assembly (UNGA) erupted in applause on Friday when members voted overwhelmingly to adopt a resolution that called for recognition that Palestine is qualified to become the 194th full member and the enhancement of its rights and privileges, It also recommended that the Security Council reconsiders the matter “favorably.” Last month, the US vetoed a widely backed draft Security Council resolution that proposed the State of Palestine be granted full membership of the UN. The UN Charter requires that prospective members must be “peace-loving” and accept all obligations the charter places upon them, and that the admission of…

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SINGAPORE – Asian stocks rose on Friday, on course for a third week of gains, while the dollar was on the back foot as fresh signs of an easing U.S. labour market stoked optimism around interest rate cuts this year ahead of next week’s crucial inflation data.

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