WASHINGTON (AA) – The US welcomed on Friday a just-inked agreement to ensure Ukrainian grain previously trapped in Black Sea ports can reach world markets, calling it a “positive step” to address global hunger. National Security Council spokesman John Kirby thanked Turkish President Recep Tayyip Erdogan and UN Secretary-Gener...
ISTANBUL (AA) – A top Turkish trade organization proposed a barter mechanism on Wednesday to resolve the nonpayment of $4 billion to Turkish businesses that completed projects in Libya but did not get paid. “In addition to being a solution to the struggling payment mechanism in Libya, the barter system can offer a new market [&hell...
ISLAMABAD (AA) – Pakistan’s cabinet on Thursday approved a trade deal recently agreed with Türkiye, paving the way for its formalization in the coming months. The Trade in Goods Agreement was unveiled during Prime Minister Shehbaz Sharif’s trip to Ankara in June. Under the deal, Türkiye will provide concessions to Pakistan on 261 tariff lines,...
ISTANBUL (AA) – China on Wednesday said the US exhibited “bandit behavior” by what Beijing called “stealing” oil from Syria. According to the Chinese daily Global Times, China’s Foreign Ministry spokesman Wang Wenbin was responding to reports about Washington transferring “stolen oil” to northern Iraq from “occupied Syrian oilfields.” “Bandit ...
BRUSSELS (AA) – EU ambassadors approved on Wednesday new sanctions on Moscow, including a ban on gold imports and an asset freeze for Sberbank. “(EU) Ambassadors approved the next sanctions package in response to Russia’s aggression against Ukraine,” the Czech government, which holds the current six-month rotating presidency of the...
JERUSALEM (AA) – Israeli leaders on Tuesday threatened to unleash a military response against Lebanon, one day after Tel Aviv shot down a Hezbollah drone amid tension over a maritime border dispute. “Israel is prepared and ready to act against any threat,” Prime Minister Yair Lapid said during a tour of Israel’s border with Lebanon. […]...
ALGIERS, Algeria (AA) – Algeria’s state-owned oil company Sonatrach on Tuesday signed a contract with French, US and Italian oil giants to invest $4 billion to produce 1 billion of oil equivalent barrels. The contract was signed by France’s TotalEnergies, US oil giant Occidental Petroleum and Italy’s Eni. In a statement, Sonatrach said the con...
TUNIS, Tunisia (AA) – Tunisian authorities on Tuesday questioned Ennahda leader Rached Ghannouchi on accusations of money-laundering. Ghannouchi appeared before an anti-terrorism judge to answer questions regarding suspicious financial transactions within the “Namaa Tounes” charity. Dozens of Ennahda supporters rallied outside the courthouse i...
BEIRUT, Lebanon (AA) – Lebanese security forces raided the central bank in the capital Beirut on Tuesday in search of its governor Riad Salameh. Security forces also searched Salameh’s home north of Beirut but could not find him. The raid came upon a judicial order issued against the governor as part of investigation into accusations […...
ANKARA (AA) – Russia, amid sanctions on the country, will not give up its development and will not return to decades ago as the “ill-wishers” predict, President Vladimir Putin has said. Chairing the meeting of the Council for Strategic Development and National Projects via a video link, Putin also vowed to beat the “col...
