Gulf economies to slow this year on sluggish oil demand
Economies in the six-member Gulf Cooperation Council (GCC) will grow this year at half the rate of 2022 as oil revenues take a hit from an expected mild global slowdown, according ...
Qatar Investment Authority raises stake in Credit Suisse to just under 7 per cent
Qatar’s sovereign wealth fund has increased its stake in Credit Suisse (CSGN.S) to just under 7 per cent, becoming the Swiss bank’s second-largest shareholder after Saudi National Bank, ...
Turkey preps draft law for debt restructuring before elections
Turkey’s ruling AK Party is preparing a draft law to let people and companies restructure debt to public institutions, President Tayyip Erdogan said on Monday, one of a string ...
Elon Musk, at trial, says he was sure Saudis backed taking Tesla private
Elon Musk testified on Monday that he was sure he had backing from Saudi financiers in 2018 to take Tesla Inc (TSLA.O) private, as he defended against claims he defrauded ...
ECB policymakers spar on rate outlook beyond Feb hike
European Central Bank policymakers laid out diverging views on future interest rate hikes on Monday, suggesting that moves beyond next week’s half a percentage point increase remain contentious.
The ...
UK’s National Grid to pay people to use less power as cold snap bites
Britain’s National Grid said it would pay customers to use less power on Monday and Tuesday evenings this week, the first time it has used a new scheme designed ...
US seeks immediate reopening of key corridor to ease Armenia-Azerbaijan tensions
US Secretary of State Antony Blinken on Monday asked Azerbaijan President Ilham Aliyev to redouble efforts in bilateral peace discussions with Armenia and urged an immediate reopening of the Lachin ...
Sweden should not expect Turkey’s support for Nato bid after Stockholm protest – Erdogan
Sweden should not expect Turkey’s support for its NATO membership after a protest near the Turkish embassy in Stockholm at the weekend including the burning of a copy of ...
EU agrees new Iran sanctions, won’t label Guards ‘terrorist’ yet
The European Union on Monday introduced new sanctions against Iran for a “brutal” crackdown on protests, but the bloc’s top diplomat said the country’s Revolutionary Guards (IRGC) cannot ...
Turkish elections to be held on May 14, says Erdogan
President Tayyip Erdogan said Turkey would hold elections on May 14, a month earlier than scheduled, setting up a tight test of his leadership after two decades in power.
The president’...
Poland seeks coalition to send Leopard tanks to Ukraine
Poland said on Monday it would ask Germany for permission to send Leopard tanks to Ukraine – and would send them whether or not Berlin agreed as long as other countries ...
Pakistan scrambles to restore power after second major grid breakdown
Pakistan’s government said it was scrambling to restore power to millions of people on Monday after a breakdown in the grid triggered the worst electricity outage in months and ...
Wagner boss: My job is to spill the blood of Russia’s enemies
Russian mercenary boss Yevgeny Prigozhin responded to comparisons between himself and the monk Rasputin who treated the son of the last tsar for haemophilia, saying on Sunday his job was ...
California shooting suspect kills himself after Lunar New Year massacre
A 72-year-old gunman killed himself when approached by police on Sunday, about 12 hours after he had carried out a Lunar New Year massacre at a dance club that left 10 people ...
Finnish and French cities chart Europe’s path to clean energy
As Europe strives to become the first climate-neutral continent by 2050, Turku and Dijon are among a group of cities seeking to reach this goal two decades earlier.
By Gareth Willmer
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American lawmakers urge US to ship Abrams tanks to Ukraine
By Raphael Satter
American lawmakers on Sunday pushed the U.S. government to export M1 Abrams main battle tanks to Ukraine, saying that even sending a symbolic number to Kyiv ...
Britain’s former PM Boris Johnson visits Kyiv, pledges help
Former British Prime Minister Boris Johnson visited Kyiv on a surprise trip on Sunday, meeting President Volodymyr Zelenskiy and pledging that Britain would “stick by Ukraine as long as it ...
Stranded Armenians desperate to get home
Humanitarian disaster looms in Nagorno-Karabach due to blockade
By Costas Constantinou
In the backyard of the Mirhav inn, cats take turns climbing up to the windows to stare at the ...
Anti-monarchists plan protests at coronation of Britain’s King Charles
British anti-monarchists said on Sunday that they planned to protest during the coronation of King Charles in May, saying the ceremony was “a slap in the face” for most people ...
Russia claims more progress in Ukraine’s Zaporizhzhia region
Russia’s defence ministry said for the second straight day on Sunday that its forces were improving their positions in Ukraine’s southern Zaporizhzhia region.
“During offensive operations in the ...
UK says it still wants Ukraine to get German-made tanks
Britain still wants an international deal to provide Ukraine with the German-made tanks that Kyiv says it needs in its fight against Russia but whose transfer needs Germany’s consent, ...
Ten dead in shooting near Los Angeles during Lunar New Year festivities (update 3)
By Jonathan Allen
A man fatally shot 10 people at a ballroom dance venue where people were celebrating the Chinese Lunar New Year late on Saturday in a city on the ...
New Zealand chooses ‘Chippy’ Hipkins to replace charismatic Ardern
By Lucy Craymer
New Zealand’s ruling Labour Party chose former COVID minister Chris Hipkins on Sunday to replace the charismatic Jacinda Ardern as its new leader, and become the ...
Putin ally says West’s deliveries of new weapons to Kyiv will lead to global catastrophe
A close ally of President Vladimir Putin said on Sunday that deliveries of offensive weapons to Kyiv that threaten Russia’s territories will lead to a global catastrophe and make ...