ISTANBUL (AA) – Hurricane Milton losses could fully deplete American insurers’ 2024 catastrophe budgets, according to a report by the S&P Global. The agency said it assumes insurers’ exposure to property business in the US state of Florida is less than 33% of their total insurance business. Citizens Property Insurance Cor...
ISTANBUL (AA) – Kazakh nationals have voted in favor of building the country’s first nuclear power plant during a referendum, according to preliminary results. The Kazakh Central Election Commission announced in a briefing on the preliminary results of the referendum that the voter turnout stood at 63.66%, with more than 7.8 million of 1...
ANKARA (AA) – One year into a devastating Israeli war, hundreds of thousands of Palestinians continue to be forcibly displaced across the Gaza Strip amid destruction, hunger, and fear. The Israeli army launched a brutal offensive on Gaza following a Hamas attack on Oct. 7, 2023. It has killed nearly 42,000, mostly women and children, [&h...
ABUJA, Nigeria (AA) – Nigeria has announced that it will start selling crude oil in local currency instead of the US dollar. The latest announcement comes after several countries began selling oil and gas in local currencies following the outbreak of the Russia-Ukraine conflict in February 2022. Mohammed Manga, director of Information an...
Republican presidential candidate Donald Trump has promised to make Michigan the “car capital of the world again.” He says he will bring back thousands of jobs lost when General Motors moved more than a dozen factories to Mexico. The former president made similar promises to Rust belt states before he was elected in 2016. However, there [&hell...
A recent poll reveals that Kamala Harris’ economic policies are significantly more popular than those of Donald Trump. In a blind test of 12 proposals, four of the top five favored ideas were from Harris’s campaign, showcasing strong Democratic optimism for her presidential candidacy. The poll conducted exclusively for the British daily the Gu...
Bitcoin and cryptocurrencies witnessed sharp decline after the recent assassination attempt on Republican presidential nominee Donald Trump. Bitcoin, the world’s largest cryptocurrency, saw a decrease of 4.1% on Monday. Ethereum, the world’s largest altcoin, was at $2,288 at the time with a daily loss of more than 5%. The value of ...
ISTANBUL (AA) – Republican candidate and former US President Donald Trump announced his new cryptocurrency venture, World Liberty Financial, in a livestream on Monday. “Crypto is one of those things we have to do,” Trump stated on X. “Whether we like it or not, I have to do it,” he added. During the livestream, Tr...
Geneva, Switzerland — AFP Israel’s war on Gaza has decimated the occupied Strip and devastated Gaza’s economy, shrinking it to less than one-sixth of its 2022 level, amid an “alarming decline” in the West Bank, the UN has said. Since Israel launched its genocidal offensive on the Gaza Strip more than 11 months ago...
Vice President Kamala Harris and former President Donald Trump are both pushing against a $14.9 billion acquisition of US Steel by Japan’s Nippon Steel. US Steel, once an industrial giant, has struggled to maintain its position in a globally competitive market. The proposed deal, seen as a potential way to counter China’s dominance in steel [&...