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International Business

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Ukraines debt doubles in three years finance minister
Ukraines debt doubles in three years  finance minister

Kiev will not be able to repay its foreign creditors within the next 30 years, Sergey Marchenko has said Ukraine will be unable to...

Bank of England cuts interest rate to 4.25 pct amid global trade uncertainty
Bank of England cuts interest rate to 4.25 pct amid global trade uncertainty

A woman shops in a supermarket in Sheffield, Britain, Nov. 7, 2024. (Photo by Jon Super/Xinhua)The decision comes in the wake of sweeping...

Ukraine considers ditching dollar as reference currency - central bank chief
Ukraine considers ditching dollar as reference currency - central bank chief

Comments on potential changeover come as Kiev places hopes on faster EU accession ...

AI is a perfect storm threatening humanity
AI is a perfect storm threatening humanity

Artificial intelligence may bring about the end of the world as we know it but not in the way most would expect The global economy...

Shanghai's World Bank survey success reflects China's reform resolve
Shanghai's World Bank survey success reflects China's reform resolve

This aerial panoramic photo taken on Sept. 10, 2023 shows a view of Zhangjiang area of the China (Shanghai) Pilot Free Trade Zone in...

Banking sector transfers rise to AED3.4 trillion in Jan-Feb 2025: CBUAE
Banking sector transfers rise to AED3.4 trillion in Jan-Feb 2025: CBUAE

ABU DHABI, 8th May, 2025 (WAM) -- Banking operations statistics released today by the Central Bank of the UAE (CBUAE) showed that the...

International

Section
New Pope calls on world to unite in Peace
Pope Leo XIV gives first speech from balcony of St. Peter's Basilica

Pope Leo XIV, has spoken publicly for the first time since his election as Pope to succeed Pope Francis who died on Easter Monday....

EU calls for de-escalation of Indian-Pakistan hostilities
India and Pakistan on brink of war

The EU on Wednesday called on India and Pakistan to take immediate steps' to de-escalate after India fired missiles into Pakistani-administered...

Trump plans major job cuts at CIA and spy agencies
Trump administration to downsize US spy agencies

WASHINGTON, D.C.: President Donald Trump's administration is planning to cut many jobs at the CIA and other U.S. spy agencies, according...

7 dead, 8 injured in tourist van crash near Yellowstone
Seven people killed in road crash near Yellowstone

BOISE, Idaho: Seven people died, and eight were hurt when a van carrying tourists crashed into a pickup truck and caught fire near...

Saudi Arabia to receive US missiles worth $3.5 billion
US State Dept approves $3.5 billion missile sale to Saudi Arabia

WASHINGTON, D.C.: The U.S. State Department has approved a potential US$3.5 billion arms sale to Saudi Arabia, including AIM-120C-8...

Dozens dead as Israeli pilots continue to bombard Gaza Strip
Israeli warplanes bomb two schools housing displaced Gazans

GAZA STRIP - From Tuesday night to dawn on Wednesday, Israel Air Force pilots were responsible for the ending of at least forty-nine...