Author: Steven Sahiounie

The UN Security Council was to convene Monday at Russia’s demand to discuss US strikes on Iran-backed groups in Iraq and Syria in retaliation for a deadly drone attack on American soldiers.The meeting scheduled for 4:00 p.m. (2100 GMT) was requested urgently by Moscow, which labelled the US strikes acts of aggression against sovereign states and said they were raising tensions in the Middle East as the Israel-Hamas war rages.The US military struck targets in Syria and Iraq overnight on Friday to Saturday, in retaliation for a January 28 drone attack on a base in Jordan that killed three US…

The official spokesman for the presidency Nabil Abu Rudeina Monday said that it is time to recognize the Palestinian state and obtain full membership by a decision of the UN Security Council, because ‘it is the only way to achieve security and stability for all.’ Abu Rudeina added that it is necessary to establish a clear mechanism and commit to specific steps and international guarantees within a specific time frame to recognize the Palestinian state, because positive statements alone are no longer enough, and ‘this is the appropriate and decisive moment to spare the region from the scourge of endless wars.’ The…

China has condemned the United States’ violation of the sovereignty of Syria and Iraq along with the United Nations Charter. In response to US strikes in Iraq and Syria, China’s Foreign Ministry spokesperson Wang Wenbin said that China opposes any actions that violate the UN Charter and infringe upon the territorial sovereignty and security of other countries. “The current situation in the Middle East is highly complex and sensitive. China urges all parties involved to abide by international law, maintain calm and restraint and avoid further escalation or even loss of control of the regional tension,” he added. On Friday,…

Wright says he is Satoshi Nakamoto, the pseudonym of bitcoin’s creator and author of a white paper that introduced the cryptocurrency to the world in 2008

 FTX said that customers should not expect quick repayment

The MENA region saw 48 IPOs last year, down 6% from 2022, while proceeds fell 51% year-on-year to $10.7 billion

European Central Bank president Christine Lagarde joined the chorus of criticism at the World Economic Forum in Davos

Despite the relatively buoyant consensus, recent developments suggest that the risks to global growth are still tilted to the downside

At 0716 GMT, the rouble was 0.1% weaker against the dollar at 91.17, earlier hitting 91.40, its weakest point since Jan. 16

Sterling edged down 0.17% to $1.2612, around a two-week low