Author: Steven Sahiounie

International Criminal Court prosecutors warned on Friday against “individuals who threaten to retaliate” against the tribunal or its staff, saying such actions might constitute an “offense against its administration of justice.”The ICC did not say if the comment related to its investigation into possible war crimes by Israel or Palestinian groups in Gaza and the West Bank.US media said this week the ICC might issue an arrest warrant for Israeli officials, including Prime Minister Benyamin Netanyahu, and that the latter had urged US President Joe Biden to prevent the court from doing so. On Friday, the Hague-based office of ICC…

The director of the UN World Food Programme (WFP) Cindy McCain, today confirmed that there is a comprehensive famine in the northern Gaza Strip that might spread to south. McCain confirmed, according to a report published on the organization’s official website, that the population in the Gaza Strip suffers from severe food shortages and food insecurity after seven months of Israeli aggression against the Gaza Strip. She indicated that her statements come based on what the program saw on the ground, adding, “There is real horror, and it is very difficult to look at or hear it, hoping that a ceasefire will…

The investigation aims to address concerns regarding the potential dumping of these products into the Saudi market, which may be harming the domestic steel industry

Both nations expressed keen interest in leveraging Chinese advanced construction technology for Saudi Arabia’s infrastructure projects

Doha, Qatar: The Producer Price Index (PPI) of the Industrial sector for March 2024 is estimated at 113.13 points showing a decrease of 1.10%, when compared to the previous month’s February 2024.

His defense of the inflation target comes amid persistent calls from some corners for the Fed to overhaul the way it guides, sets and communicates policy

Investors had been keenly awaiting the data, as the US non-farm payrolls figures are key to the Federal Reserve’s decision-making on when to lower interest rates

The Dow Jones Industrial Average rose 450.02 points, or 1.18%, to 38,675.68 NEW YORK – A gauge of global stocks rallied while Treasury yields fell on Friday after a U.S. payrolls report was softer than anticipated, easing concerns the Federal Reserve would keep interest rates higher for longer. Nonfarm payrolls rose by 175,000 last month, the lowest since October 2023, and short of the 243,000 estimate of economists polled by Reuters. The 3.9% annual change in average hourly earnings was the smallest since May 2021 and continued a steady decline toward the mid-3% range, which policymakers feel is consistent with…

NEW YORK – The dollar fell to a three-week low against the yen on Friday after data showed U.S. jobs growth slowed more than expected in April and annual wage gains cooled, boosting bets that the Federal Reserve will cut rates twice this year.

Gold fell to a one-month low on Friday despite weaker-than-expected U.S. jobs data, extending a correction from last month’s stellar rally as investors booked profits while geopolitical risks eased.