International donors held their sixth pledging conference for conflict-torn Syria on Tuesday, in Brussels, saying Syrians should not be forgotten even as the Ukraine war dominates global attention. “World public opinion seems not to be able to deal with more than one crisis at the time,” EU foreign policy chief Josep Borrell said as he … Read more
The head of the United Nations Atomic Energy Agency said Tuesday that he is “extremely concerned” about Iran’s lack of cooperation as the EU seeks to restart talks to resurrect the 2015 nuclear deal. Negotiations between world powers and Iran have been stalled since mid-March, with negotiators seeking to return to the landmark agreement that … Read more
Iran defined “unacceptable” upstream dam construction by neighbouring Turkey on shared waterways on Tuesday, urging its neighbour to halt such activity. “Turkey’s construction of dams on the border waters is unacceptable and we oppose it,” Iranian Foreign Minister Hossein Amir-Abdollahian was quoted as saying by state news agency IRNA. He told lawmakers that the issue had … Read more
Russian Foreign Minister Sergei Lavrov met with Algerian gas producers on Tuesday, as Europe scrambles to secure alternative energy supplies in the aftermath of Russia’s invasion of Ukraine. Algeria is a major gas supplier to Europe, accounting for 11% of imports, compared to 47% from Russia. When the United Nations General Assembly overwhelmingly passed a … Read more
Juan Carlos Bonilla, a former Honduran police chief, was extradited to the United States on Tuesday, where he is accused of supervising drug trafficking operations on behalf of ex-President Juan Orlando Hernandez. Hernandez, 53, was extradited to the United States last month to face drug trafficking charges, less than three months after leaving office after … Read more
Sri Lanka deployed thousands of troops and police on Tuesday to enforce a curfew after five people were killed in the worst violence in weeks of protests over an unprecedented economic crisis. Nearly 200 people were also injured on Monday when Prime Minister Mahinda Rajapaksa resigned, but this did little to quell public outrage. He … Read more
Danish inflation reached a near four-decade high in April, as energy and food prices skyrocketed, according to official figures released Tuesday. According to Statistics Denmark, the consumer price index (CPI) in Denmark increased 6.7 percent year on year in April, the highest rate since June 1984. Prices of goods have meanwhile risen by 10.3 percent … Read more
Confidence among German financial players recovered slightly in May according to a closely watched survey released on Tuesday, as they dealt with the fallout from Russia’s invasion of Ukraine. The ZEW institute’s economic expectations index for the next six months rose to minus 34.3 points in May, up from minus 41 points in April. The … Read more
Bitcoin fell below $30,000 for the first time since July 2021, as cryptocurrencies track falling markets, On Tuesday, with investors alarmed by aggressive US monetary tightening and surging inflation. The world’s largest cryptocurrency by market capitalization fell as low as $29,764 in Tuesday trade before recovering above $30,000, extending a recent price decline as investors … Read more
Heathrow Airport in London said on Tuesday that it expects another loss-making year in 2022 as a result of high inflation, renewed Covid travel restrictions, and the Ukraine war. “Heathrow expects to remain loss-making throughout this year,” it said in a statement. Despite the fact that the airport handled five million passengers in April, nearly … Read more
The US and European stock markets rebounded Tuesday after days of losses due to concerns about rising US interest rates, rising inflation, and the impact of China’s prolonged Covid lockdowns. World stock markets have been volatile this year, but have suffered sharp losses after the US Federal Reserve raised interest rates by half a percentage … Read more
US lawmakers were set to begin debating a nearly $40 billion aid package for Ukraine on Tuesday, as Washington warned Russia was bracing for a protracted conflict with its neighbor. Defense, humanitarian, and economic funding should pass easily, as the two parties have agreed on the details, and it will likely move quickly through Congress. … Read more
German police on Tuesday, apprehended a seventh suspect in the spectacular 2019 robbery of priceless 18th-century jewels at a state museum, who was attending the heist’s ongoing trial. Police and prosecutors in the eastern city of Dresden said the suspect, identified only as Jihad R., was detained by police at the city’s regional court, where … Read more
After a four-month slump that has wiped out over $ 2 trillion in value, all signs point to more losses for Asian stocks in the future. China’s Covid curbs, combined with rising US interest rates, are expected to put additional pressure on the MSCI Asia Pacific Index, which has fallen nearly 20% since its high … Read more
A bizarre drama that captivated America ended in tragedy Monday when a female prison guard arrested with a fugitive ex-con she allegedly assisted in escaping died after shooting herself as police moved in to apprehend them at the end of a 10-day manhunt. Vicky and Casey White, who were not related, were arrested in Evansville, … Read more
Three decades after drug lord Pablo Escobar was killed by police on a Medellin rooftop, the city he sought to improve with drug money is being ravaged by it. Junkies frequent hundreds of sales points dotted around Colombia’s second city, which has become the domestic drug trade’s epicenter. “Easy access? Yes, absolutely. In Medellin you … Read more
The Iranian judiciary rejected Tuesday the possibility of a prisoner swap in which a former Iranian official on trial in Stockholm for war crimes would be exchanged for a Swedish-Iranian academic on death row. The two cases “have nothing to do with each other… as a result, there is no question of an exchange,” said … Read more
A Ugandan court has ordered the government to reconsider its decision to suspend the country’s most prominent rights organization, giving the organization new life after its operations were halted last August. Chapter Four is one of 54 non-governmental organizations (NGOs) ordered to halt operations following the presidential elections last year, during which opposition leaders were … Read more
