The United States is discussing a possible second round of peace talks with Iran in Pakistan and is optimistic about reaching a deal, US officials said Wednesday, as Tehran threatened to shut down Red Sea trade unless Washington lifted a naval blockade of its ports. A Pakistani delegation arrived in Tehran meanwhile bearing a new message […]
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IMF chief warns of ‘tough times’ if oil prices stay high
IMF chief Kristalina Georgieva warned Wednesday of difficult times ahead for the global economy if war in the Middle East is unresolved and oil prices stay high, adding that inflation risks could seep into food prices.”We must brace for tough times ahead” if the conflict persists, she told reporters at a press briefing during the […]
War in the Middle East: latest developments
The latest developments in the Middle East war:- Growing hunger fears -The conflict in the Middle East could push millions more toward hunger as its economic fallout reverberates around the globe, the World Bank’s chief economist told AFP.”You have about 300 million people who suffer from acute food insecurity already,” Indermit Gill said. “That’ll go up […]
S&P 500, Nasdaq end at records as markets bet on US-Iran accord
Major Wall Street stock indices finished at records Wednesday, extending an upward climb on optimism about an accord in the US-Iran conflict as the White House signaled plans for more talks. After a mixed day on European stock markets, both the broad-based S&P 500 and tech-rich Nasdaq Composite Index powered to all-time highs as US […]
US says optimistic about reaching peace deal with Iran
The United States said on Wednesday it was discussing a possible second round of peace talks with Iran in Pakistan and was optimistic about reaching a deal, as Tehran threatened to shut down Red Sea trade unless Washington lifted a naval blockade on its ports. A Pakistani delegation arrived in Tehran earlier Wednesday bearing a new […]
World Bank chief economist warns of hunger risk from war in Iran
The conflict in the Middle East could push millions more towards hunger as its economic fallout reverberates further around the globe, the World Bank’s chief economist warned in an AFP interview on Wednesday.”You have about 300 million people who suffer from acute food insecurity already,” Indermit Gill said. “That’ll go up by about 20 percent […]
Teenager kills nine, wounds 13 in Turkey school shooting
A 14-year-old armed with five guns opened fire at a Turkish school on Wednesday, killing nine people, wounding 13 and sparking scenes of mayhem as students jumped out of windows to escape. The attack in the southern province of Kahramanmaras province was Turkey’s second such incident in as many days, shocking a country where school […]
Pope urges Cameroon’s leaders to examine ‘conscience’
Pope Leo XIV on Wednesday urged Cameroon’s leaders to examine their “conscience” and tackle corruption and rights abuses, in a pointed speech on the first day of his visit to the central African country. After two days in Algeria marred by two suicide attacks and a spat with US President Donald Trump, the pontiff received a […]
‘Fantastic feeling’: Sudan capital returnees relieved after three years of war
Sudanese pilot Mohamad Daafallah grins as he shakes hands with passengers after their landing at Khartoum Airport, exactly three years after it was bombed to shreds during the outbreak of war in Sudan. The airport was one of the last footholds of the rival paramilitary Rapid Support Forces (RSF), where battles raged as the army […]