Skip to content Skip to Search
Skip navigation

Elections

People, Person, Press Conference

Biden: US-Asean pact to address ‘biggest issues of our time’

Southeast Asian heads of government held talks on Saturday with visiting global leaders including US president Joe Biden, who hailed the launch of a new US-Asean pact as a critical step towards tackling “the biggest issues of our time”. In his first visit to Southeast Asia as president, Biden said the region was at the […]

Turkey bankers say ballooning debt poses long-term risks

Turkish bank executives raised concerns with authorities this week that a year of new rules forcing them to buy government bonds could ultimately destabilise the sector, even as it sharply reduces costs of a big pre-election spending plan. According to six people who participated in or were briefed on a Monday meeting with finance minister […]

Prince Abdulaziz bin Salman speaks at the Future Investment Initiative conference in Riyadh on October 25

Riyadh was more ‘mature’ in spat with Washington, minister tells FII

Saudi Arabia decided to be the “maturer guys” in a spat with the United States over oil supplies, the kingdom’s energy minister Prince Abdulaziz bin Salman said on Tuesday. Prince Abdulaziz made the comment during his speech to the kingdom’s Future Investment Initiative (FII) event, which has drawn top executives from the US and elsewhere. […]

US national security seeks to contain China’s rise

The White House rolled out a long-delayed national security strategy on Wednesday that seeks to contain China’s rise while re-emphasising the importance of working with allies to tackle challenges confronting democratic nations. The 48-page document, which was delayed by Russia’s invasion of Ukraine, includes no major shifts in thinking and introduces no major new foreign […]

Kim Kardashian pays $1.26m fine for paid Instagram crypto post

Kim Kardashian has promoted everything from appetite-suppressing lollipops to melon-flavoured liqueur to toilet paper, but it was her foray into the murky world of cryptocurrencies that got her into hot water. The reality television star and influencer has agreed to settle charges of unlawfully touting a crypto security and to pay $1.26 million in penalties […]

US expects more banks will cut off Russian payment system Mir

Steps that Turkish lenders Isbank and Denizbank took to suspend the use of Russian payment system Mir make a lot of sense, a senior US administration official said on Tuesday, and said the United States expects more banks will cut off Mir over sanctions risk. Isbank and Denizbank on Monday announced separately they had suspended […]

US Speaker Nancy Pelosi in Yerevan, Armenia, on September 18

Turkey’s VP rebukes Pelosi for ‘biased’ remarks in Armenia

Turkey’s vice president Fuat Oktay has branded Nancy Pelosi’s speech on clashes between Armenia and Azerbaijan “biased”, suggesting that her comments “sabotage diplomacy efforts”. The Speaker of the US House of Representatives visited Armenia this weekend, in an unprecedented show of American support for the country, which has been locked in conflict with its neighbour […]

IMF to send mission to Lebanon to discuss slow reform progress

The International Monetary Fund (IMF) said on Thursday that a staff mission will visit Lebanon next week to discuss ways to “speed up” implementation of agreed reforms required for an IMF loan program amid deteriorating living conditions in the country. “We are looking to support Lebanon as strongly as we can. It’s a difficult situation,” […]

No time to waste, worried Italian business leaders warn politicians

Italy cannot afford weeks of political inertia after an election this month, business chiefs said, adding that sky-high energy prices are already forcing more and more firms to curtail production. Gathered on the shores of Lake Como for the annual Ambrosetti Forum this weekend, business owners lashed out at politicians for ousting Prime Minister Mario […]

Airplane, Aircraft, Vehicle

Emirates and United Airlines set to announce codeshare pact

United Airlines and Dubai’s Emirates are set to announce a codeshare agreement in the coming weeks, sources told Reuters. United on Tuesday sent an invitation to reporters to a “special event” on September 14 titled “Come fly with us” with Chief Executive Scott Kirby and Emirates President Tim Clark in Washington. The Air Current reported […]

Egypt central bank holds rates steady after change of governor

The Central Bank of Egypt (CBE) kept its overnight interest rates steady on Thursday, hours after a new governor was named to replace Tarek Amer, who quit unexpectedly on Wednesday. President Abdel Fattah Al-Sisi appointed Hassan Abdalla as caretaker CBE governor on Thursday after Amer’s resignation, with Egypt mired in a currency crisis. Analysts said […]

US officials attended detained American’s UAE hearing

US embassy officials attended US citizen and rights lawyer Asim Ghafoor’s hearing in the United Arab Emirates on Tuesday, a State Department official said, adding that his next hearing was scheduled for Wednesday. UAE authorities have said Ghafoor, a US citizen and civil rights attorney based in Virginia, was arrested last month while transiting through […]

Person, Human, Sport

Mickelson and others sue PGA Tour in LIV fight

Hall of Fame golfer Phil Mickelson and 10 other players filed a lawsuit against the PGA Tour on Wednesday, alleging that it broke anti-trust law by refusing them to participate on the tour and the new rival LIV Golf circuit, backed by Saudi Arabia. The lawsuit was led by six-time major champion Mickelson and includes […]

US to resupply Saudi and UAE missile defence systems

The US State Department approved the potential sale of Terminal High Altitude Area Defence (THAAD) missile interceptors to the United Arab Emirates (UAE) and Patriot missile interceptors to Saudi Arabia in separate deals worth as much as $5.3 billion, the Pentagon said on Tuesday. The potential deals, which would resupply key missile defence systems for […]

Lamp, Tower, Architecture

Kuwait reappoints oil, finance ministers in new cabinet

Kuwait reappointed Oil Minister Mohammed Al-Fares and Finance Minister Abdul Wahab al-Rasheed in a cabinet formed on Monday under a new prime minister, largely resembling the caretaker government that resigned in April. Last week the crown prince of the Gulf Arab OPEC producer had named Sheikh Ahmad Nawaf al-Sabah as prime minister to replace Sheikh […]

Turkey’s $800m robotic dinosaur amusement park lies desolate

Giant dinosaurs and robot models abandoned among decrepit fair rides create a dystopian atmosphere in a defunct amusement park in the Turkish capital, which its opposition party mayor is now highlighting as a testament to past government profligacy. Three years ago, President Tayyip Erdogan opened the massive theme park with great fanfare ahead of local […]

biden Mohammed bin Salman

Biden confronts MbS over Khashoggi before talking oil

US president Joe Biden said he told Saudi Arabia’s crown prince Mohammed bin Salman he held him responsible for the murder of Washington Post journalist Jamal Khashoggi, shortly after exchanging a fist bump with the kingdom’s de facto ruler. On a trip to reset relations with a country he had called a pariah after Khashoggi’s killing in […]

Biden arrives in Saudi

Biden starts sensitive Saudi visit, no immediate oil pledge expected

President Joe Biden arrived in Saudi Arabia on Friday to discuss energy supply, human rights, and security cooperation on a trip designed to reset the US relationship with a country he once pledged to make a “pariah” on the world stage. Energy and security interests prompted the president and his aides to decide not to […]

Tie, Accessories, Accessory

Biden defends Saudi trip and will not avoid human rights talk

US president Joe Biden said on Thursday he would not avoid talking about human rights when he visits Saudi Arabia on the second leg of his Middle East trip and stressed his position on the murdered journalist Jamal Khashoggi was “absolutely” clear. Biden heads to the kingdom on Friday where he will seek to boost […]

Person, Human, Suit

Biden heads to Saudi Arabia amid tension over oil

President Joe Biden will discuss energy supply, human rights, and security cooperation in Saudi Arabia on Friday on a trip designed to reset the US relationship with a country he once pledged to make a “pariah” on the world stage. Biden will hold meetings with Saudi Arabia’s King Salman bin Abdulaziz and Crown Prince Mohammed […]