Turkey is holding talks with Russia after Moscow pulled out of the July agreement to allow Ukrainian crop shipments, a pact seen as critical to alleviate the global hunger crisis. Russia said Saturday that it was suspending the agreement, blaming strikes on its naval fleet, and on Sunday suggested without evidence that the drone attacks were launched from the Odesa ...
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Bolsonaro or Lula: Brazil heads to polls for historic vote
Brazilians head to the polls Sunday for a presidential runoff between incumbent Jair Bolsonaro and former President Luiz Inacio Lula da Silva, in what’s become the country’s most significant election since the return of democracy almost four decades ago. Polling stations opened at 8 a.m. and will close at 5 p.m. local time, with the governorships for states including Sao ...
Read More »Seoul stampede leaves over 150 dead at Halloween festivities
At least 153 people were killed and dozens injured following a crowd crush during Halloween celebrations in Seoul, marking one of the deadliest incidents in South Korea in years. The crowd surge occurred Saturday night in the popular nightlife district of Itaewon, after a large number of people entered a narrow alley behind the Hamilton Hotel, fire and police authorities ...
Read More »Investment to tackle climate change falls amid global crises
Geneva/ WAM Cross-border investment in climate change mitigation and adaptation is projected to decline in 2022 against the backdrop of a global investment downturn, according to a new report published by the UN Conference on Trade and Development (UNCTAD). Citing a bleak outlook for global foreign direct investment (FDI) in 2022, the report released in the lead-up to the UN ...
Read More »Made.com abandons hope for rescue buyer
Made.com Group Plc, the British online furniture retailer, abandoned hopes to find a rescue buyer and said it’s taking steps to try to protect its creditors and shareholders. The company, which warned it was running out of cash, decided that there “is no reasonable prospect†for an offer and terminated the sale process. It has halted new orders to its ...
Read More »Biden crows about chips bill, says Xi ‘concerned’
President Joe Biden said China’s leader had expressed worries about the US strengthening its domestic production of semiconductor chips as his administration moves to reduce reliance on Asian suppliers and restrict Chinese access to chipmaking technology. “I’ve heard from Xi Jinping that he’s a little concerned about that,†Biden said Thursday in Syracuse, New York, as he delivered a speech ...
Read More »Imran Khan starts Pakistan protest, confronts army’s spy chief
Pakistan’s former prime minister Imran Khan started a protest march to the nation’s capital Islamabad in the latest attempt to press the government to call for early elections, while hitting back at the military’s spy chief. Khan launched the protest that he calls a march for “real freedom†standing on top of a makeshift caravan in a convoy of vehicles ...
Read More »Putin plays down nuclear threat in Ukraine as he lambasts US
President Vladimir Putin lashed out at the US and Europe over his war in Ukraine, heaped praise on Saudi Arabia and reiterated support for China’s claim to Taiwan as he sought to cast Russia as a champion of conservative values against Western liberalism. He accused the US and its allies of seeking global domination by pouring weapons into Ukraine to ...
Read More »We face an abyss of irreversible climate consequences: Irena DG
Abu Dhabi / WAM    The International Renewable Energy Agency (Irena) kicked off its twenty-fourth Council meeting on Thursday in Abu Dhabi. The biannual two-day meeting, chaired this year by Uruguay, gathers more than 400 delegates from 108 countries to discuss the world’s energy transition ahead of the annual UN Climate Change Conference (COP27) in Sham el-Sheikh, Egypt. “We are staring ...
Read More »UAE welcomes signing of deal between Egypt, IMF
Abu Dhabi / WAM The United Arab Emirates welcomed joint cooperation between the Arab Republic of Egypt and the International Monetary Fund (IMF) in light of the agreement reached by the two parties. The UAE affirmed its support for efforts by the Arab Republic of Egypt to implement the necessary economic and structural reforms to ensure the preservation of strong, ...
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