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Iran condemns ‘Saudi aggression’ after dozens killed in attack on Taiz market

Iran condemns ‘Saudi aggression’ after dozens killed in attack on Taiz market Iran condemned “Saudi aggression” in Yemen on Sunday after an air strike on a market in Taiz killed dozens of civilians. In a statement posted on X, Iran's foreign ministry called for “an immediate halt to military attacks, a complete end …

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Israeli forces detain teacher following school raid in Masafer Yatta, install gate east of Tammun

Israeli forces detain teacher following school raid in Masafer Yatta, install gate east of Tammun Israeli forces have detained a teacher following a raid on a school in Hebron's Masafer Yatta in the southern occupied West Bank, Wafa reports citing a "media activist". According to the activist, Osama Makhamreh, soldi…

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The Inflation Hot Potato

The Inflation Hot Potato Authored by Connor O'Keeffe via Mises Institute,The 2020s have been a crazy decade in American politics.They began, of course, with one of the most chaotic and intense years in recent American history. After a global pandemic brought almost all aspects of life to a halt, cities erupted in na…

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China to enter Brazil’s cement market as Huaxin agrees to buy CSN Cimentos

Chinese building materials giant Huaxin Building Materials Group plans to acquire a 99.99 per cent stake in Brazil’s second-largest cement producer, CSN Cimentos, in a landmark deal that will mark China’s first entry into the Brazilian cement market, according to a company statement. The company from central China’s…

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Riyadh financial district targeted, Aramco skyscraper damaged

An Aramco building in Riyadh was targeted in an "attempted attack", the Saudi energy ministry said on Sunday, with eyewitnesses telling AFP the skyscraper sustained damage, after the Saudi-led coalition fighting Yemen's Houthis said it had intercepted missiles launched by the group. Aramco facilities and infrastruct…

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1-0 to humankind? US midterms vote puts AI, datacentres and the broligarchy back in their box | Heather Stewart

Election results appear to have turbo-charged an already growing social, political and financial market rethink about AI‘AI clog’: UK battles onslaught of chatbot-generated complaintsEditorial: the AI backlash – Silicon Valley’s political power is crackingLast week’s midterms may not have cowed Donald Trump, but the…

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The efficiency trap: why optimising everything can backfire, badly

From roundabouts to the stock market, relentless streamlining could be making the world more dangerousWe have all been there: packed shoulder to shoulder on the train while the person beside us coughs and sneezes. A protective flu jab offers some reassurance, but so does the thought that there will be a hospital bed…

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Gov't weighs W2tr in urgent firefighting aid amid local funding strain

South Korea’s central government and ruling party have agreed to consider providing around 2 trillion won ($1.5 billion) in financial support for urgent, essential firefighting investments, amid growing scrutiny of a funding system that leaves local governments bearing most of the costs. The ruling Democratic Party …

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IRGC dismisses new US plan to tighten economic pressure on Iran as 'wordplay'

IRGC dismisses new US plan to tighten economic pressure on Iran as 'wordplay' The US cannot achieve its goals of blockading Iran's economy and shutting its trade routes because Tehran has made preparations and communicates closely with neighbours, a Revolutionary Guards spokesperson was quoted as saying on Sunday. H…

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Palestinian injured, six others detained during raids in West Bank

Palestinian injured, six others detained during raids in West Bank A Palestinian youth was wounded in the leg by Israeli gunfire during a raid in the Kafr Saba neighbourhood of Qalqilya in the occupied West Bank, Quds News Network reported. Israel’s military said a "hit was confirmed" after its forces opened fire in…

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Gambia's opposition leader Bensouda files for presidential election despite abuse allegations

Supporters of Gambia’s UNITE-led coalition celebrated on Friday as their party leader Talib Ahmed Bensouda filed his candidacy papers for next month’s presidential election. The move comes despite a government report last week accusing the popular former mayor of financial improprieties.

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Aramco building damaged as Houthis target Riyadh, report says

Aramco building damaged as Houthis target Riyadh, report says Riyadh's financial district was targeted and the area's Aramco building was damaged after the Saudi-led coalition forces said they intercepted missiles over Riyadh's airspace, multiple witnesses told AFP on Sunday. "Aramco tower in KAFD has been targeted,…

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China urged to target sugar-rich drinks during consumption tax overhaul

China has been urged to stop keeping beverage makers sweet and instead declare war on sugar-rich drinks through taxation, as the country moves to align its regulatory framework with global health promotion trends. A sugar tax has been proposed by experts and state media outlets, who argue that an ongoing overhaul of…

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Korean brokerages to offer near-24-hour US stock trading from Dec. 6

South Korean brokerages are set to offer virtually round-the-clock trading in US stocks from Dec. 6, by combining Nasdaq's expanded 23-hour trading schedule with an additional hour through alternative trading platform Blue Ocean. According to financial industry sources, Korean brokerages and the Korea Securities Dep…

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Clean and accessible water for Filipinos in underserved areas with 212.7 million Euros World Bank financing

THE Department of Finance (DOF) has secured 212.7 million Euros (around P14.98 billion) worth of financing from the World Bank — International Bank for Reconstruction and Development (WB-IBRD) to improve water security, supply, and sanitation in underserved areas in the Philippines.

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Who is Eisenkot, the former Israeli general expected to replace Netanyahu?

Gadi Eisenkot, an unassuming former army chief of staff, has a pathway to Israel’s top job after President Isaac Herzog tapped him to form the next government. Should he succeed, he would take over as prime minister from Benjamin Netanyahu, Israel’s longest-serving leader whose inflammatory style has earned him as m…

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Why raising prices in Japan amid ‘insanely high’ inflation backfires on firms

When Japan’s “symbol of affordability” Uniqlo decided to increase the price of its basic socks last month, it sparked a backlash before the clothing titan made an immediate U-turn. That came after Italian-style family restaurant chain Saizeriya issued an almost grovelling apology as it decided to add 20 yen (US$0.13…

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Gunman opens fire in Polish market square

Six people were killed and at least 15 wounded on Saturday when a gunman opened fire in the landmark historic center of Poland's second city of Krakow, in the country's deadliest shooting in decades. Three bodies -- of two women and a man -- were later found at the suspect's home, Polish Prime Minister Donald Tusk s…

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Hong Kong makes further in-roads in AI, aviation at mainland Chinese expo

Hong Kong is forging deeper ties with the mainland across artificial intelligence (AI), aviation and professional services, industry insiders at China’s global import expo have said. Tech executives and accounting veterans discussed how to leverage Hong Kong’s strategic position, such as through the Northern Metropo…

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Robots’ arrival set to give Chinese asparagus farmers a boost

In the flat, typhoon-prone fields of Lianshui county in eastern China’s Jiangsu province, a once-obscure vegetable has become a local economic engine. Greenhouses for growing asparagus now cover more than 1,333 hectares (3,294 acres), produce 50,000 tonnes (55,116 short tons) a year and generate over 1 billion yuan …

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French ships may escort pro-Palestinian civilian flotillas, Mélenchon says

French ships may escort pro-Palestinian civilian flotillas, Mélenchon says France's far-left presidential contender Jean-Luc Mélenchon has said that French ships will, if necessary, escort flotillas of citizens as he vowed "direct action" to come to the aid of the Palestinians, both against the genocide in Gaza and …

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Kakao X's growth outlook takes shape ahead of split

Kakao is highlighting stronger earnings and new business opportunities across its content, mobility and financial technology affiliates as it prepares to split into two companies, seeking to build investor confidence in the growth prospects of its investment-focused entity, Kakao X. The three businesses will form th…

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Israeli military issues orders to seize Palestinian land and uproot trees near Bethlehem

Israeli military issues orders to seize Palestinian land and uproot trees near Bethlehem Israeli authorities have issued four military orders to seize Palestinian land near Bethlehem in the occupied West Bank, including orders to seize 4.708 dunums of land in al-Khader and Arab al-Ta'amra and remove trees and vegeta…

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