Author: Steven Sahiounie

A fifth of global supplies were sold and purchased using other currencies, according to analysts’ estimates

Gazprom may once again become the only gas supplier to Moldova if the latter can secure a better price from the Russian energy giant than it can on supplies from the EU

The United States has called for working groups from the Group of Seven (G7) countries to explore ways to confiscate hundreds of billions of dollars in frozen Russian assets, the Financial Times reported this week.

Domestic demand for the sector’s products increased by 11.5% year-on-year in 2023

China is on track to become the world’s top car exporter this year for the first time ever, Nikkei Asia reported on Friday, citing preliminary data from the China Association of Automobile Manufacturers (CAAM).

Russian producers of petrochemicals are planning to ramp up international sales of diesel from the country’s major western ports by nearly one-fifth in January as refinery runs grow, Bloomberg reported on Friday, citing industry data.

Speaking at a news conference, Netanyahu said that Israel will continue fighting “on all fronts”. “To achieve such victory and to meet our objectives. We need time,” he said. “I hear the same words the same phrases: ‘ Continue, don’t stop,’” he said. Source: AlJazeera

Yemen’s Houthis rebels show no signs of ending their “reckless” attacks on commercial ships in the Red Sea, the top commander of US naval forces in the Middle East says. Since Operation Prosperity Guardian was announced 10 days ago, 1,200 merchant ships have travelled through the Red Sea region, and none has been hit by drone or missile strikes, Vice-Admiral Brad Cooper said in an Associated Press interview. He said additional countries are expected to sign on. Cooper says the coalition is in direct communication with commercial ships to provide guidance on “manoeuvring and the best practices to avoid being…

The UK ’s ambassador to the United Nations has warned that “many more” people will die in Gaza from violence, disease and famine without action to stop the humanitarian crisis in the enclave. Speaking at a UN Security Council meeting on Gaza on Friday, Barbara Woodward recounted a conversation with Save the Children’s director for the occupied Palestinian territory in which she was told that four in 10 of those killed in Gaza were children. “That is close to 8,500 children dead,” Woodward said. “For those injured and surviving, nearly two-thirds of homes and schools are damaged or destroyed. Many…

Iranian Foreign Minister Hossein Amir-Abdollahian says Israel assassinated a senior military advisor of the Islamic Revolution Guards Corps ( IRGC ) in Syria due to its defeat in a host of political, military and security fronts. Amir-Abdollahian said assassinating Brigadier General Seyyed Razi Mousavi, who was serving as a military advisor in Syria, was out of the regime’s anger and desperation with its own defeats. Mousavi was martyred in a terrorist Israeli airstrike in a Damascus neighborhood on December 27. He was a comrade of top Iranian anti-terror commander Lieutenant General Qassem Soleimani, who was also assassinated in a US drone strike in Iraq…