Author: Steven Sahiounie

Ibn Farhan, Saudi Minister of Foreign Affairs, says that there is no indication that “Israel” is headed towards a ceasefire or a descalation. On the sidelines of the 2024 Annual Meeting of the World Economic Forum in Davos, Switzerland, on Tuesday, the Saudi Foreign Minister, Faisal Ibn Farhan, said, “De-escalation in the Red Sea is a priority,” adding that Saudi Arabia is concerned about tensions in the region. Faisal bin Farhan emphasized that Saudi Arabia “does not see any indication that Israel will stop the war and de-escalate the tensions.” “Our priority is to find a path to reduce escalation, and this…

Israeli forces have targeted and damaged a supplies warehouse belonging to the United Nations Relief and Works Agency (UNRWA) near Salah al-Din Street in the city of Deir el-Balah, central Gaza Strip. The building, which is a critical part of UNRWA’s efforts to provide essential supplies in Gaza, suffered significant damage due to artillery shelling, intense gunfire, and the impacts of surrounding air attacks. Alongside the pockmarked walls, at least one UN vehicle also appears to be destroyed. Source : AlJazeera

Prime Minister Mohammed Shtayyeh met today with the World Food Program ( WFP )’s Deputy Executive Director and Chief Operating Officer, Carl Skau, during which he was briefed on the program’s efforts to deliver food and relief aid to the Gaza Strip. During a meeting in Ramallah, Shtayyeh warned of the accelerating humanitarian catastrophe in the Gaza Strip as a result of the limited food and relief supplies brought in through the Rafah crossing. He called for exerting more pressure on Israel to open all crossings for relief aid delivery and to allow aid to be delivered directly from the West Bank…

The upward moves in crude prices have so far shown no signs of panic-buying, although investors remain on edge

Chinese state-owned banks are tightening controls on servicing Russian clients after the US approved secondary sanctions on financial institutions found aiding Russia’s military-industrial complex, Bloomberg reported on Tuesday, citing people familiar with the matter.  

The technology’s benefits for production will be more pronounced in high-income economies, according to a survey by the WEF

The issue of compliance with US sanctions by Chinese banks falls outside the purview of the Kremlin, presidential spokesman Dmitry Peskov told reporters on Tuesday.  

State ownership is a way to solve the problems in the public utilities sector, according to Vyacheslav Volodin

Leader of the Islamic Revolution  Ayatollah Seyyed Ali Khamenei has hailed the Yemenis’ anti-Israel naval operations in the Red Sea, saying they did a “great job” in defiance of US threats.

Egyptian Minister of Foreign Affairs Sameh Shoukry recently held talks with Sigrid Kaag, the UN’s senior humanitarian and reconstruction coordinator for the Gaza Strip. During their meeting, they discussed the dire humanitarian conditions in Gaza and the need to increase the flow of aid to Palestinians while ensuring support for public service, hospital, and relief agency work. Shoukry pledged Egypt’s backing for Kaag in implementing the provisions of UN Security Council resolutions, including the rapid establishment of a UN mechanism for speeding up the delivery of aid. The minister also called for Israel to commit to helping, not obstructing, Kaag…