News
Catastrophic blaze strikes Hong Kong housing development
A huge conflagration tore through numerous elevated residential towers in the Tai Po district of northern Hong Kong on November 26, resulting in the deaths of at least 44 people and causing injuries to scores more.
Panama Canal presses forward with port tenders despite US unease over Chinese bidders
Panama’s canal authority has confirmed that preparations for two port concessions and a cross-isthmus gas pipeline are entering defined stages.
US and Belarus in talks to release 100 more political prisoners
US and Belarus are in talks to release 100 more political prisoners as Minsk balances its dependency on Moscow by improving its relations with Washington.
Ukraine rejects three key points, Russia accepts some initial points as peace talks advance
Ukraine had rejected three key points in the White House peace plan, which Russia considered crucial, while Russia has agreed to some of the points included in the 28-point peace plan (28PPP), it was reported on November 26.
Iraq flags influencers as high-risk amid money-laundering concerns
Iraq’s central bank has instructed banks and financial institutions to classify social-media influencers and online celebrities as high-risk clients.
EU urgently working on a bridge loan for Ukraine if Reparation Loans deal fails
The ongoing discussions on a possible US sponsored peace deal to end the Ukraine war has put fresh pressure on the EU to come up with a solution to Ukraine’s acute funding shortfall.
Leaked Witkoff, Dmitriev phone conversations detail the Ukraine peace plan negotiations
Conversations involving the two main protagonists drawn up the 28-point peace plan (28PPP) were caught on tape giving damning details of the negotiations that lead up to the release of the plan, Bloomberg reported on November 25.
Hungarian government does not deny reports of Orban’s upcoming Moscow trip
In response to inquiries about the trip, the Government Information Centre stated, "As usual, the public will be informed about the Prime Minister’s foreign visits in due course."
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Fighter jets deployed after Russian drones fly deep into Romanian territory
Drones found in both Romania and Moldova after incursions.
ADB follows World Bank in revising policy on support for nuclear power financing
The Asian Development Bank has revised its energy policy to allow direct support for nuclear power, signalling a notable shift in how multilateral lenders approach baseload generation in emerging Asian economies.
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Brazil's Bolsonaro to remain in custody as Supreme Court enforces 27-year sentence
Brazil's Supreme Court has authorised the enforcement of former president Jair Bolsonaro's 27-year prison term for attempting to overturn the country's constitutional order.
Serbia gives Russia 50-day deadline to sell majority stake in NIS
President Aleksandar Vucic warned Belgrade could take control of oil company NIS if no buyer is found.
Foot-and-mouth disease outbreak threatens to destroy Iran's livestock sector
Severe foot-and-mouth disease outbreak affects multiple Iranian provinces with some farms reporting 80% cattle mortality. SAT1 strain threatens food security as vaccine shortage persists across livestock sector.
Two big-name Turkish textile firms declare bankruptcy amid turmoil
Rising costs, currency volatility and mounting tariff and non-tariff barriers sink enterprises. Some are fleeing to lower-cost Egypt.
G20 Africa Energy Investment Forum – overview
The G20 Africa Energy Investment Forum took place on November 21 at the Protea Hotel Sandton in Johannesburg, South Africa.
Negotiation on the US peace plan for Ukraine descend into an "information frenzy"
The media coverage surrounding the US-proposed 28-point peace plan (28PPP) to resolve the Ukrainian conflict is an “informational frenzy,” according to Russian presidential press secretary Dmitry Peskov.
US sanctions push Serbia’s only refinery toward shutdown
Serbia’s sole oil refinery could halt operations within days unless Washington grants a new licence to allow majority Russian-owned NIS to continue processing crude.
Section of separation barrier collapses in heavy rain in Israel
Concrete section of Israel's West Bank separation barrier collapses near Moshav Eliav in heavy rain.
Argentina stands alone in G20 after rejecting summit declaration
Argentina has become the sole G20 member state to reject the Leaders Declaration from the recent summit hosted by South Africa, marking a dramatic diplomatic break under President Javier Milei's administration.
Moldova’s High Court resumes trial of former president Igor Dodon
"Kuliok" ("the bag") case concerns allegations Dodon took a bribe from Moldovan oligarch Vlad Plahotniuc.