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Why is the UAE betting big on German tech and AI now?
4+ day, 13+ hour ago (1499+ words) AI, tech, and clean energy now drive the fast-growing UAE-Germany economic alliance The visit of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, to Germany transcends standard diplomatic protocol. It marks a pivotal moment…...
Oil nears $100 as U.S. destroys five Iranian tankers, Iran strikes back at Jordan
4+ day, 14+ hour ago (442+ words) Missile salvos, destroyed tankers push crude benchmarks toward triple digits Oil prices surged toward $100 a barrel on Wednesday as the United States destroyed five Iranian crude carriers, Iran launched a ballistic-missile attack toward Jordan and Tehran warned tanker crews near…...
How a 22-year-old stole $245 million in Bitcoin and spent it in a month
5+ day, 3+ hour ago (392+ words) Scammers posed as Google and Gemini representatives to steal over 4,100 Bitcoin Washington: A 22-year-old man pleaded guilty on Tuesday to teaming up with friends to steal nearly a quarter-billion dollars in bitcoin from a Washington, D.C., resident — one of the largest…...
US-Venezuela oil deal redraws global energy power
1+ week, 1+ day ago (923+ words) The pact tests sovereignty, energy security and the limits of state-backed investment The US-Venezuela oil agreement matters for reasons extending far beyond the 65 billion barrels covered by it. The deal could change how governments secure foreign resources, blur the boundary…...
What we know about the US-Venezuela oil agreement
1+ week, 5+ day ago (775+ words) Critics warn of ‘new colonialism’ as Washington gains majority stake in fields The agreement granting the United States control over about one-fifth of Venezuela's oil reserves rests on vague terms that raise questions about how it will be implemented. Here…...
Iran war's economic toll: Investors shrug, travellers pay more and hunger risks grow
2+ week, 5+ hour ago (1114+ words) Investors gained, while travellers, farmers and the poor bore the costs New York: As the US and Israel relentlessly bombed Iran in the opening days of war, the most dramatic predictions of the conflict’s toll were unsparing: surging oil prices,…...
Banque Misr under urgent UAE review following US money-laundering concern
2+ week, 1+ day ago (364+ words) Regulator orders forensic lookback into transactions linked to firms cited by US Abu Dhabi: The Central Bank of the UAE reviewed the issued statement of yesterday by the U.S. authorities regarding Proposal of Special Measure Regarding Banque Misr UAE branches, as…...
Trump’s ‘biggest oil deal in history’: What we know
2+ week, 1+ day ago (1214+ words) Deal covers 17 oil fields and could draw $100 billion in investment, Venezuela says Washington: Besides a social media post from President Donald Trump, the White House has said little about what he is calling “THE BIGGEST OIL DEAL IN WORLD HISTORY…...
Canada hits back at Trump with tariffs of up to 50%
2+ week, 5+ day ago (705+ words) Ottawa targets US steel, dairy and electronics as trade war with Washington escalates Ottawa: Canada on Tuesday announced counter-tariffs on US goods ranging between 15 per cent and 50 per cent, intensifying the trade war between the historically close allies. Ottawa's retaliation…...
Iran currency plunges to record low as US$ breaks 2 million rials on open market
2+ week, 6+ day ago (563+ words) Rial’s crash deepens economic pain as Iranians brace for new US sanctions The Iranian rial plunged to a new open-market low on Sunday, with the US dollar surpassing 2 million rials on the open market as the country braces for additional…...