KABUL, Afghanistan (AA) – The closure of border between Afghanistan and Pakistan is inflicting losses of millions of dollars on Afghan traders. The two South Asian neighbors share a 2,640-kilometer (1,640-mile) land border with 18 crossing points. The Torkham border in Afghanistan’s Nangarhar province and the Spin Boldak border in ...
CAIRO, Egypt (AA) – Egypt on Tuesday launched the construction of the fourth and final reactor in the country’s first nuclear power plant. Egyptian President Abdel-Fattah al-Sisi and his Russian counterpart Vladimir Putin virtually attended the launching ceremony of the new reactor in the Dabaa Nuclear Power Plant (DNPP), the state-run A...
JERUSALEM (AA) – The Israeli cabinet approved a plan on Sunday to send Palestinian tax money to Norway to be transferred to the Palestinian Authority pending approval from Tel Aviv. The money, of which the share of the Gaza Strip was withheld, would only be transferred to the Ramallah-based authority with the express permission of […]
LONDON / ANKARA (AA) – Houthi attacks on Israel-linked ships in the Red Sea have caused a significant decline in vessel tonnages and grain flows. Wheat flow through the Red Sea has especially been affected as shipping companies are forced to avoid the Suez Canal and reroute around the Cape of Good Hope, at the […]
LONDON (AA) – Ship traffic in the Red Sea decreased by 20% in December 2023, as shipping companies suspended their operations or shifted their routes to the Cape of Good Hope after the Houthis in Yemen attacked commercial vessels in the Red Sea linked to Israel. Yemen’s Houthi group, officially known as Ansar Allah, has […]
United Nations, United States – AFP Eighteen shipping companies are re-routing their vessels around Africa to avoid the Red Sea amid an upsurge in attacks on shipping, blamed by Western countries on Yemen’s Houthi rebels, the UN’s maritime agency said Wednesday. “A significant number of companies, around 18 shipping com...
ISTANBUL (AA) – A prominent economist says Israel is heading towards a recession because of the uncertainties surrounding its war on Gaza. “I think that most chances are that this will be a recession and might be a deep recession too because the amount of uncertainty in our life is still there,” said Joseph Zeira, a […]
JERUSALEM (AA) – Israel’s central bank on Monday evening said the cost of the Israeli war on Gaza may reach 210 billion Shekels ($58 billion). At a press conference, central bank Governor Amir Yaron urged Israeli Prime Minister Benjamin Netanyahu to curb public spending. Yaron’s statement comes following the bank’s decision t...
JERUSALEM (AA) – Israeli authorities are preparing a plan that seeks to replace Palestinian workers in Israel with foreign workers, according to Israeli media. According to public broadcaster KAN, the plan is expected to be implemented in 2024 with the aim of reducing dependence on Palestinian laborers. The plan is set to be presented to...
Dhaka, Bangladesh – AFP Nobel peace laureate Muhammad Yunus was convicted on Monday of violating Bangladesh’s labour laws in a case decried by his supporters as politically motivated. Yunus, 83, is credited with lifting millions out of poverty with his pioneering microfinance bank but has earned the enmity of longtime Prime Ministe...
