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Iran says Trump rhetoric to raise oil prices to $100

Friday, 06 July 2018 00:00

Iran has warned that the strong rhetoric by US President Donald Trump against it and other oil producers could soon push up crude prices to as high as $100 per barrel.

European Parliament slams UAE for 'destabilizing' Somalia over Qatar crisis

Friday, 06 July 2018 00:00

The European Parliament has condemned the United Arab Emirates (UAE) and Saudi Arabia for cutting financial support to Somalia for its neutrality on a rift between a Saudi-led quartet and Qatar.

11,432 Rohingya Muslims fled Myanmar in 2018

Wednesday, 04 July 2018 00:00

At least 11,432 Rohingya Muslims have fled violence and persecution in Myanmar and crossed into Bangladesh so far in 2018, UN High Commissioner for Human Rights Zeid Ra'ad al-Hussein says.

Forging Trump’s peculiar isolationism

Wednesday, 04 July 2018 00:00

Perhaps Donald Trump’s most famous catchphrase all along his campaign trail was his “America First” slogan. A vague concept at the time, it has now translated itself into economic protectionism and political isolationism. Of course the two are two sides of the same coin, the latter manifest in Trump’s recent tariffs on imports and the former visible in Trump’s repeated threats to withdraw from international organizations – ironically organizations that have mostly been designed and promoted by the US.

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Iran launches secondary currency market

Wednesday, 04 July 2018 00:00

Iran’s top banker says a secondary currency market meant to ease tensions around the prices of the US dollar has started to work.    

Trump administration rolls back college racial diversity guidelines

Wednesday, 04 July 2018 00:00

The Trump administration on Tuesday rescinded an extensive set of guidelines put in place under President Barack Obama that had called on colleges and universities to consider race as a way of promoting diversity.

UN envoy holds 'fruitful' talks with Yemen's Houthi leader

Wednesday, 04 July 2018 00:00

The United Nations' envoy to Yemen, Martin Griffiths, says he has held "fruitful" talks with the leader of Yemen's Houthi Ansarullah movement, Abdul-Malik al-Houthi, amid efforts to end fighting in the Red Sea port of Hudaydah.

Iran says Trump’s oil bans to backfire on US

Wednesday, 04 July 2018 00:00

Iran says the US would eventually shoot itself in the foot if it sanctions purchases of Iranian oil by international corporations.