Middle East is in much more volatile situation than it was even a year ago as the conflict has expanded far outside of fighting primarily between Israel-Hamas in Palestine and Gaza
Japan's Nikkei slumped 1.5per cent as of 0022 GMT, while South Korea's KOSPI dropped 1.3per cent and Australia's benchmark lost 0.3 per cent
Earlier in the day, the IDF initiated limited, localised, and targeted ground raids based on precise intelligence against Hezbollah terrorist targets and infrastructure in southern Lebanon
New Delhi will have a variety of supply choices in the next few months at competitive rates from Russia, Iraq, Saudi Arabia
Hezbollah's presence in parliament and the Lebanese government, and its alliance with various political parties, allowed it to control the country and veto decisions that do not fit its agenda or prom
Novak, who also oversees the broader Russian economy, said the sanctions-hit economy will sustain any pressure
In Syria, 37 militants affiliated to the extremist Islamic State group and an al-Qaeda-linked group were killed in two strikes, the United States military said Sunday. Two of the dead were senior militants, it said. US Central Command said it struck northwestern Syria on Tuesday, targeting a senior militant from the al-Qaeda-linked Hurras al-Deen group and eight others. They say he was responsible for overseeing military operations. They also announced a strike from earlier this month on September 16, where they conducted a large-scale airstrike on an IS training camp in a remote undisclosed location in central Syria. That attack killed 28 militants, including at least four Syrian leaders. The airstrike will disrupt ISIS' capability to conduct operations against US interests, as well as our allies and partners, the statement read. There are some 900 US forces in Syria, along with an undisclosed number of contractors, mostly trying to prevent any comeback by the extremist IS group,
Three days before his communist government turns 75, China's foreign minister warned fellow leaders Saturday against an expansion of the battlefield in Russia's war with Ukraine and said the Beijing government remains committed to shuttle diplomacy and efforts to push the conflict toward its end. The top priority is to commit to no expansion of the battlefield. ... China is committed to playing a constructive role," Wang Yi said. He warned against other nations throwing oil on the fire or exploiting the situation for selfish gains, a likely reference to the United States. Wang's speech appeared to break no new ground, as is generally China's recent practice at the UN General Assembly's annual meeting of leaders. In fact, his boss, Chinese President Xi Jinping, has not participated in the leaders' meeting since 2021 and then only virtually, during the pandemic. Xi has not attended in person for several years. On Friday, on the assembly sidelines, China and Brazil sought to build ...
President Joe Biden said Wednesday that all-out war is still possible as fighting between Israel and Hezbollah escalates, but he's hopeful an off-ramp can be found to prevent further bloodshed. Biden spoke during an interview on ABC's "The View." His comments come after days of back and forth between Israel and Iran-backed Hezbollah militants in Lebanon that have killed hundreds and rekindled fears of a broader war in the Middle East.
US President Joe Biden and his counterpart from the United Arab Emirates Sheikh Mohamed bin Zayed discussed the progress of the landmark India-Middle East-Europe Economic Corridor (IMEC) and underscored its potential to usher in a "new era of international connectivity". The ambitious project was launched at the 2023 G20 Leaders' Summit in New Delhi, together with the leaders of India, Saudi Arabia, France, Germany, Italy, and the European Union. When complete, it would connect India by ship-to-rail connections through the United Arab Emirates, Saudi Arabia, Jordan, Israel, and Europe through Greece. At the meeting held at the White House on Monday, Biden and Zayed reaffirmed that the corridor will generate economic growth, increase efficiencies, lower greenhouse gas emissions, and enable the transformative integration of Asia, Europe, and the Middle East, according to a joint statement. The two leaders underscored that the transformative partnership had the potential to usher in a
President Joe Biden declared the U.S. must not retreat from the world, as he delivered his final address to the U.N. General Assembly on Tuesday as Israel and Hezbollah militants in Lebanon edged toward all-out war and Israel's bloody operation against Hamas in Gaza neared the one-year mark. Biden used his wide-ranging address to speak to a need to end the Middle East conflict and the 17-month-old civil war in Sudan and to highlight U.S. and Western allies' support for Kyiv since Russia invaded Ukraine in February 2022. His appearance before the international body also offered Biden one of his last high-profile opportunities as president to make the case to keep up robust support for Ukraine, which could be in doubt if former President Donald Trump, who has scoffed at the cost of the war, defeats Vice President Kamala Harris in November. Still, Biden insisted that despite global conflicts, he remains hopeful for the future. I've seen a remarkable sweep of history," Biden said. I kno
Prime Minister Narendra Modi has called for a ceasefire in West Asia, the release of hostages and a return to the path of dialogue and diplomacy as he stressed that only a two-state solution will deliver enduring peace and stability in the volatile region. Modi expressed deep concern at the humanitarian crisis unfolding in Gaza and the deteriorating security situation in the region during his meeting with Palestinian President Mahmoud Abbas on the margins of the Summit of the Future here on Monday. He reaffirmed India's unwavering support to the people of Palestine, including continued humanitarian assistance, the Ministry of External Affairs said in a statement. Prime Minister Modi "reiterated India's time-tested principled position on the Israel-Palestine issue, and called for a ceasefire, the release of hostages and return to the path of dialogue and diplomacy," it said. He stressed that only a two-state solution will deliver enduring peace and stability in the region. Recallin
Biden will huddle with world leaders gathered in New York to work on a ceasefire and hostage deal in Gaza and avert an all-out war in the Middle East, Sullivan said
President Joe Biden is set to deliver his final address to the UN General Assembly on Tuesday as Israel and Hezbollah militants in Lebanon are edging toward all-out war and Israel's bloodyoperation against Hamas in Gaza nears the one-year mark. Biden is expected to use his wide-ranging address to speak to the need to end the Middle East conflict and the 17-month-old civil war in Sudan and to highlight US and Western allies' support for Kyiv since Russia invaded Ukraine in February 2022. His appearance before the international body also offers Biden one of his last high-profile opportunities as president to make the case to keep up robust support for Ukraine, which could be in doubt if former President Donald Trump, who has scoffed at the cost of the war, defeats Vice President Kamala Harris in November. Biden came to office promising to rejuvenate US relations around the world and to extract the US from "forever wars" in Afghanistan and Iraq that consumed American foreign policy ove
Iran's new president accused Israel on Monday of seeking a wider war in the Middle East and laying traps to lead his country into a broader conflict. Masoud Pezeshkian told about two dozen media representatives that Iran doesn't want to see the current war in Gaza and airstrikes across the Israeli-Lebanon border expanded. We don't want to fight, he said. It's Israel that wants to drag everyone into war and destabilize the region. They are dragging us to a point where we do not wish to go. Pezeshkian, a heart surgeon and reformer, defeated a hardliner in Iran's July presidential runoff, after the death of the former president in a helicopter crash. He is making his debut on the international stage at this week's annual gathering of world leaders at the UN General Assembly, just as Israel steps up attacks on Iranian-backed Hezbollah militants in Lebanon. The Iranian leader, who will turn 70 on Sunday, said that while Israel insists it doesn't want a wider war, i ts actions show ...
The Biden administration is taking a more hands-off approach than usual during a week of dramatic escalation between Israel and Hezbollah militants in Lebanon, with top US officials holding back from full-on crisis diplomacy for fear of making matters worse. The public restraint follows explosions of the militant group's pagers and walkie-talkies and an Israeli airstrike targeting a senior Hezbollah operative in Beirut, which threaten to spur all-out war between Israel and its enemies in the Middle East and doom already faltering negotiations for a cease-fire in the Hamas conflict in Gaza. The escalation came even as two Biden administration officials stopped in the region this week to appeal for calm. It heightens the impression that Israeli Prime Minister Benjamin Netanyahu's hard-right government is paying ever less attention to the mediation efforts of its key ally, despite depending on the US for weapons and military support. The United States looks like a deer in the headlight
Prices of gold have climbed 26 per cent in 2024, its biggest annual rise since 2010, as investors also sought to hedge uncertainties spurred by prolonged conflicts in the Middle East and elsewhere
The US has kept an increased military presence in the Middle East throughout much of the past year, with about 40,000 forces, at least a dozen warships and four Air Force fighter jet squadrons spread across the region both to protect allies and to serve as a deterrent against attacks, several US officials said. As attacks between Israel and Hezbollah sharply spiked this week, worries are growing that the conflict could escalate into an all-out war, even as Tel Aviv keeps up its nearly yearlong fight against Hamas militants in Gaza. Hezbollah says Israel crossed a red line with explosive attacks on its communications devices and vowed to keep up the missile strikes it's launched since fellow Iranian-backed militant group Hamas attacked Israel on Oct 7 last year, setting off the war in Gaza. Israeli Defense Minister Yoav Gallant who has spoken repeatedly this week to US Defense Secretary Lloyd Austin has declared the start of a new phase of the war, shifting its focus to the norther
The Middle East sees emerging opportunities for Indian jewellery exporters with countries like Saudi Arabia and Kuwait showing rising demand for studded gold jewellery, according to the Gem & Jewellery Export Promotion Council (GJEPC). The recent data has revealed a positive trend showcasing substantial growth in regions beyond the traditional strongholds for India's gems and jewellery, like the US and China, GJEPC has claimed. In a statement released here on Tuesday, GJEPC said there are emerging opportunities in the Middle East, with countries like Saudi Arabia (+26.05 per cent) and Kuwait (+87.99 per cent) showing a rising demand for studded gold jewellery. "Saudi Arabia, Kuwait, Bahrain, and Malaysia, in particular, have witnessed increasing exports due to the growing number of buyers from these countries attending the three India International Jewellery Show (IIJS) events -- Premiere, Signature and Tritiya -- in recent times. "The product profile of Indian jewellery is ...
Hundreds of handheld pagers exploded near simultaneously across Lebanon and in parts of Syria on Tuesday, killing at least eight people, including members of the militant group Hezbollah and a girl, and wounding the Iranian ambassador, government officials said. Officials pointed the finger at Israel in what appeared to be a sophisticated, remote attack that wounded more than 2,700 people at a time of rising tensions across the Lebanon border. The Israeli military declined to comment. A Hezbollah official who spoke on condition of anonymity told The Associated Press that the new brand of handheld pagers used by the group first heated up, then exploded, killing at least two of its members and wounding others. Lebanon's health minister, Firas Abiad, said at least eight people were killed and 2,750 wounded 200 of them critically. Iranian state-run IRNA news agency said that the country's ambassador, Mojtaba Amani, was superficially wounded by an exploding pager and was being treated