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U.S. Sanctions Network Smuggling Iranian Oil as Iraqi Oil

The United States Department of Treasury announced on Tuesday new sanctions aimed at cutting off revenue to Iran for its destabilizing activities in Iraq, the Middle East, and beyond. “The sanctions target a network of companies and vessels led by Waleed al-Samarra’i, an Iraqi and Saint Kitts and Nevis dual citizen, accused of smuggling ...

Gold Hits New Record High as Investors Flee Risk, Asia Stocks Slide

Asia markets were down on Wednesday while gold extended its six-day rally after reaching a record high as investors sought safe havens following a selloff in equity and bond markets. Bullion for immediate delivery hit a fresh record as Asia markets opened, climbing 0.4 percent to hit $3,546.96 an ounce. Prices have risen five percent over the ...

Antitrust Cases Against US Tech Giants

Launched under both the Trump and Biden administrations, five major antitrust cases from the Federal Trade Commission and the US Department of Justice are proceeding against major American technology companies. These cases represent a significant shift in antitrust enforcement in the United States, with regulators taking a more aggressive ...

Paramount to Launch Live-Action Call of Duty Movie Project

Paramount, the Hollywood studio recently acquired by the software billionaire Ellison family, will make a movie based on the wildly popular Call of Duty video games, it announced Tuesday. Scion David Ellison, son of Oracle founder Larry Ellison, assumed control of Paramount last month and is overseeing a major effort to revitalize the storied but ...

Trump Tells Europe to Put Economic Pressure on China Over Ukraine

US President Donald Trump urged European countries Thursday to put economic pressure on China because of its support for Russia's invasion of Ukraine, the White House said. Speaking by video conference with European leaders gathered in Paris, Trump also said "Europe must stop purchasing Russian oil that is funding the war," a senior White House ...

US Tech Leaders Meet Trump at White House Dinner

Top executives from the US technology sector gathered at the White House on Thursday evening for a dinner hosted by President Donald Trump, marking a rare joint appearance by leaders of the country’s most influential companies in artificial intelligence and digital innovation. “This is quite a group to get together,” said Meta ...

Rana Hayek: Fixing Cars, Breaking Taboos

“You don’t belong here!” they used to tell her. Today, Rana Hayek proves them wrong. An engineer and garage owner, she has turned her passion for repairing cars into a profession. Along the way, she is breaking the barriers of a trade still largely dominated by men.    

Japan PM Ishiba Says to Resign

Japan's Prime Minister Shigeru Ishiba said on Sunday he would step down after less than a year in power, during which he lost his majority in both houses of parliament. The announcement means fresh uncertainty for the world's fourth-largest economy as it battles rising food prices and deals with the fallout of US tariffs on its vital auto ...

French Parliament Set to Eject PM in Blow to Macron

France's parliament is expected to oust Prime Minister François Bayrou on Monday after just nine months in office, plunging the key EU member into new political uncertainty and creating a painful dilemma for President Emmanuel Macron. Bayrou blind sided even his allies by calling a confidence vote to end a months-long standoff over his austerity ...

BRICS Leaders Denounce Protectionism, Tariff 'Blackmail'

Leaders of the 11-member BRICS bloc railed against economic protectionism and "tariff blackmail" during a virtual meeting Monday held amid a damaging trade war with US President Donald Trump. The group of emerging economies met via videoconference at the initiative of Brazil's President Luiz Inácio Lula da Silva, whose office ...

At the UN, the Snapback Reshuffles the Iranian File

At the end of August, the United Kingdom, France and Germany (the E3) officially triggered the snapback mechanism outlined in UN Security Council Resolution 2231, which governs the 2015 Iranian nuclear deal (the Joint Comprehensive Plan of Action, or JCPOA). This unprecedented procedure in the multilateral system stipulates that all previous UN ...

Macron Scrambles to Find New French PM after Bayrou Ousted

President Emmanuel Macron will accept the resignation of Prime Minister Francois Bayrou on Tuesday after his government was ejected in a confidence vote, with the French leader rushing to find a successor and stave off a new political crisis. On Monday, Bayrou suffered a crushing loss in a confidence vote he had himself called, plunging France ...

Macron Scrambles to Find New French PM After Bayrou Ousted

President Emmanuel Macron will accept the resignation of Prime Minister Francois Bayrou on Tuesday after his government was ejected in a confidence vote, with the French leader rushing to find a successor and stave off a new political crisis. On Monday, Bayrou suffered a crushing loss in a confidence vote he had himself called, plunging France ...

The Path to Peace Is Underway

Israeli Prime Minister Benjamin Netanyahu’s declaration on Sunday that peace with Lebanon and Syria is now “possible” may be the most consequential statement on regional diplomacy in years. Coming after decades of hostility, wars, and missed opportunities, the prospect of reconciliation with Israel’s northern neighbors is ...

Aradina: A Green Boost for Lebanese Agriculture

Agriculture Minister Nizar Hani on Monday launched the Aradina project, a four-year program to be implemented in partnership with CIHEAM Montpellier, Action Against Hunger and Fair Trade Lebanon. Aradina is funded by the French Development Agency (AFD) and aims to support 2,500 farmers and 145 cooperatives across Lebanon in adopting sustainable ...

Trump Threatens Tariffs on Countries Seen Targeting US Tech Firms

President Donald Trump on Monday threatened further tariffs and export restrictions against countries that he says are targeting US tech firms. "Digital Taxes, Digital Services Legislation, and Digital Markets Regulations are all designed to harm, or discriminate against, American Technology," Trump wrote on his Truth Social platform. His ...

Cocoa: Has the Sweet Boom Come to an End?

The frenzy that gripped the cocoa market seems to be fading. In December 2024, the price per ton hit nearly $12,000, a historic high driven by fears of a worldwide shortage. However, since the summer of 2025, prices have dropped below $6,000, reaching their lowest point since February 2024, according to Bloomberg. This shift signals the end of a ...

From Waste to Runway: Kenyan Designers Transform Used Clothes Into Art

In a dusty alley in the heart of Kenya's largest open-air market, fashion models strut down a makeshift runway in bold, upcycled outfits made from waste collected at dumpsites and market cast-offs, proof that even trash can dazzle. Every year, thousands of tons of used clothes from Europe, the United States, and beyond make their way to ...

US Tariffs on Timber, Furniture Take Effect

US  fresh tariffs on imported wood, furniture and kitchen cabinets took effect Tuesday, a development likely to fuel building costs and pile pressure on homebuyers in an already challenging market. The duties were imposed to boost US industries and protect national security, according to the White House, and they broaden a slate of ...

In 'the Last Ship', Sting Honors a Lost Industry and Warns of a Divided Future

British singer-songwriting legend Sting finds the multiple genres and streaming platforms of the modern music scene "quite odd", but still believes in the power of song to unite people. In an interview with AFP, the 74-year-old with 17 Grammy Awards and sales of over 100 million albums also spoke about his worries about AI as a tool for ...

US Treasury Chief: Beijing's Rare Earths Move is 'China vs the World'

US Treasury Secretary Scott Bessent slammed Beijing's rare earth export curbs Wednesday as "China versus the world," vowing that Washington and its allies would "neither be commanded nor controlled." "This should be a clear sign to our allies that we must work together, and work together we will," Bessent told reporters at a press ...

Rare Earths: Strategic Metals Key to Future Tech

Rare earths are minerals used to make magnets crucial to the auto, electronic and defense industries, as well as in renewable energy. The US Treasury Secretary slammed export curbs imposed by Beijing last week on technologies used for rare-earth mining, smelting, and other processing steps. Scott Bessent said on Thursday it was "China versus the ...

The Sharm al-Sheikh Peace Summit: How Trump Became the ‘King of Presidents’

When Air Force One touched down in Sharm al-Sheikh on October 13, 2025, the Red Sea resort known for coral reefs and diplomacy turned into the epicenter of world politics. Cameras caught an image that would dominate headlines: Donald Trump standing between Egyptian President Abdel Fattah al-Sisi and Palestinian Authority leader Mahmoud Abbas, ...

Between Moscow and Washington, India Charts Its Energy Course

US President Donald Trump announced on Thursday that Indian Prime Minister Narendra Modi had committed to “cease purchasing Russian oil” within a “short timeframe,” while imposing 50% tariffs on Indian exports to the United States, with additional penalties for transactions involving Moscow. However, New Delhi stressed that its “top ...

Yemen's Houthis Say Military Chief Killed in Israeli Attack

The military chief of Yemen's Houthi rebels has been killed in an Israeli attack, the Iran-backed group said on Thursday, threatening revenge. Major General Mohammed al-Ghamari died in "honourable battle against the Israeli enemy", a military statement said, without giving further details. His death was announced days into a ...

Lebanon 2019: Behind a Programmed Revolution (1/2)

Six years have passed since the October 2019 uprising, an upheaval whose effects continue to heavily weigh on Lebanon. In just a few days, the country appeared to unite against a political class widely seen as corrupt and incapable of averting the looming economic collapse. This surge of public anger culminated in the resignation of Saad ...

Global Markets 2025: From Soaring Peaks to Sudden Crashes

Since January, major stock indices such as the S&P 500, Nasdaq and Euro Stoxx have shattered records. Fueled by surging optimism around artificial intelligence, global finance seems to be reliving its golden era. Yet beneath this spectacular rise, the ground is quaking. Every peak is followed by a dark day. In just hours, billions of dollars could ...

Trump Says to Meet with Xi at South Korea Summit

Donald Trump will hold talks with China's Xi Jinping during the upcoming APEC summit in South Korea, the US president said in a Fox interview excerpt released Friday. "We're going to meet in a couple of weeks. We're going to meet in South Korea, actually with the President Xi and other people, too," Trump said in an interview with Fox News show ...

EU Eyes Helping Disarm Hamas Under Trump Plan

The EU is looking at providing funding and expertise to help disarm Hamas under US President Donald Trump's peace plan for Gaza, a document seen by AFP Friday said. The 27-nation bloc is discussing what role it can play after Europe was left on the sidelines as Trump sealed a ceasefire deal between Hamas and Israel. The agreement has so far seen ...