President Donald Trump’s new travel ban on citizens from a dozen countries, mainly in Africa and the Middle East, went into effect at 12 a.m. on Monday, more than eight years after his first such ban sparked chaos, confusion, and months of legal battles
The International Monetary Fund has slashed its growth forecasts for the United States, China and most states, citing the impact of U.S. tariffs now at 100-year highs and warning that rising trade tensions would further slow growth.
The world will use less crude oil than expected this year due the “substantial risks” posed by US President Donald Trump’s trade tariffs to the global economy, according to the global energy watchdog.
The President of Algeria has expressed grave concern over the critical situation in the occupied Palestinian territories. Abdelmadjid Tebboune has called for solidarity and cooperation among all nations to stop the Zionist regime's massacre of innocent Palestinians and prevent the spread of insecurity in the region and beyond.
Egyptian President Abdel Fattah al-Sisi has stated that regional instability costs the country roughly $800 million monthly in Suez Canal revenue, though he noted the African nation’s economy shows signs of improvement.
The administration of US President Donald Trump is considering issuing sweeping travel restrictions for the citizens of dozens of countries as part of a new ban, according to sources familiar with the matter and an internal memo seen by Reuters.
Almost one in five of the world’s children live in areas affected by conflicts, with more than 473 million children suffering from the worst levels of violence since the second world war, according to figures published by the UN humanitarian aid organisation for children, UNICEF on Saturday.
Egypt’s Suez Canal has seen its revenues plunge by more than 60 percent in 2024 compared to the previous year, amounting to a staggering $7 billion loss, according to a report.
An Egyptian intelligence-owned television channel has released a propaganda video of President Abdel Fattah el-Sisi warning that Syria has been destroyed and unnamed forces are trying to do the same in the African country.
Nine countries will officially join BRICS as partner states in 2025, Russian presidential aide Yuri Ushakov has said, adding that the economic group is open to like-minded partners.
Russian President Vladimir Putin will not be invited to the next G20 summit due to a pending arrest warrant issued by the International Criminal Court (ICC), a spokesperson of the South African president told TASS news agency.
Two US Democratic lawmakers have sent a letter to the administration of President Joe Biden warning that they will try to block offensive arms sales to the UAE over allegations the Persian Gulf state is supporting the armed group Rapid Support Forces (RSF) in Sudan.
The BRICS member states will be hit with 100% tariffs on their goods if they try to introduce a reserve currency to rival the dollar, US President-elect Donald Trump has warned. He has repeatedly threatened to use tariffs to achieve his geopolitical goals.
The share of BRICS states on a purchasing-power basis in global economy will total 36.7% by 2024, which exceeds the share of G7 countries, Russian President Vladimir Putin stated at an extended meeting of the BRICS summit on Wednesday.
Iranian President Massoud Pezeshkian has called on the BRICS group of emerging economies to create interconnected economic and trade cooperation among its member states, involving both public and private sectors, emphasizing that these endeavours would resist the dominance of the US dollar in their exchanges.
Israel is recruiting African refugees for "life-threatening" operations in the Gaza Strip in exchange for settled status in the occupied territories, sources have disclosed.
Turkey has formally asked to join the BRICS group of emerging-market nations as Ankara seeks to enhance its global influence and forge new ties beyond its traditional Western allies, according to people familiar with the matter.
Egypt's Suez Canal has reported a 23.4-percent drop in revenues attributed to disruptions in Red Sea shipping over the past year, marked by Yemeni Houthis' attacks on Israeli-linked vessels.
Already suffering rolling blackouts in sweltering summer heat, Egyptians would be plunged into further darkness if tensions between Israel and Lebanon's powerful group Hezbollah break out into war, analysts have told Middle East Eye.
Egypt has revoked the licenses of 16 tourist agencies due to "fraud" following the deaths of over 1,000 people at the Hajj pilgrimage in Mecca, Saudi Arabia. Prosecution may follow.
