News Archives for World - 2022-06-21

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World - 2022-06-21

USA

White House says concerned about recession but US economy strong

WASHINGTON: The American economy remains strong, but a White House economist acknowledged Tuesday that President Joe...

Published 21 Jun, 2022 10:59pm

Europe

Italy's Five Star party heads for breakdown over Ukraine

ROME: Italy's Five Star Movement, the biggest party in Prime Minister Mario Draghi's government, looked on course...

Published 21 Jun, 2022 10:51pm

USA

US home prices top $400,000 for first time, crimping May sales

WASHINGTON: The median US home price broke above $400,000 for the first time, sending existing home sales in May...

Published 21 Jun, 2022 08:56pm

South Asia

UN Security Council stops travel for two Taliban education ministers

UNITED NATIONS: Two Afghan education ministers are no longer allowed to travel abroad for any peace and stability...

Published 21 Jun, 2022 08:50pm

South Asia

Indonesian president due to meet Putin this month, state news agency reports

Indonesian President and current chair of the G20 Joko Widodo is due to visit Moscow later this month to hold talks...

Published 21 Jun, 2022 07:23pm

Energy

Lebanon, Syria, Egypt sign gas import agreement

BEIRUT: Lebanon, Syria and Egypt on Tuesday agreed to ship 650 million cubic metres of natural gas per year from...

Published 21 Jun, 2022 06:30pm

Middle East

Hamas to restore Syria ties after 10 years of dispute

GAZA: The Palestinian Hamas has decided to restore ties with Syria, 10 years after its leadership shunned Damascus...

Published 21 Jun, 2022 06:22pm

USA

Goldman Sachs raises probability of U.S. recession to 30% over next year

Goldman Sachs sees a 30% chance of the U.S. economy tipping into recession over the next year, up from its previous...

Published 21 Jun, 2022 05:50pm

Africa

Egypt and Saudi Arabia sign 14 deals worth $7.7bn, says Saudi minister

CAIRO: Egypt and Saudi Arabia have signed 14 agreements valued at $7.7 billion during a visit to Cairo by Saudi...

Published 21 Jun, 2022 05:27pm

South Asia

Sri Lanka May consumer prices soar 45.3% y/y, highest since 2015

COLOMBO: Sri Lanka’s headline inflation accelerated in May to the highest since 2015 due to rising food and...

Published 21 Jun, 2022 05:06pm

Luxury

Dubai restaurants earn Middle East's first Michelin stars

Il Ristorante - Niko Romito and STAY by Yannick Alléno got two Michelin stars each

Published 21 Jun, 2022 04:27pm

South Asia

Mahatma Gandhi’s grandson bows out of Indian presidential race

NEW DELHI: The grandson of India’s independence leader Mahatma Gandhi has dropped out of the race to become...

Published 21 Jun, 2022 03:31pm

Europe

EU vows 600mn euros for Africa, others on food crisis

BRUSSELS: The European Union on Tuesday pledged an additional 600 million euros to help vulnerable nations weather a...

Published 21 Jun, 2022 03:24pm

Business & Finance

UAE state firms plan $30bn in purchase deals for local manufacturers

DUBAI: State firms in the United Arab Emirates will allocate 110 billion dirhams ($30 bn) in potential purchase...

Published 21 Jun, 2022 12:59pm

USA

UN chief calls for extension of Syria cross-border aid resolution

UNITED NATIONS: UN Secretary-General Antonio Guterres on Monday called for the Security Council to extend its...

Published 21 Jun, 2022 12:26pm

World

Eighth day of Indigenous fuel price protests in Ecuador

QUITO: Thousands of Indigenous people and members of other disgruntled groups marched into Ecuador’s capital on the...

Published 21 Jun, 2022 12:16pm

Europe

Macron hosts Le Pen, French party leaders to break impasse

PARIS: French President Emmanuel Macron will on Tuesday host far-right leader Marine Le Pen and other political...

Published 21 Jun, 2022 11:23am

Asia

Hundreds of thousands evacuated in China after heaviest rains in decades

BEIJING: The heaviest rainfall in decades has triggered floods and landslides in southern China, forcing the...

Published 21 Jun, 2022 11:19am

Asia

Myanmar executions could be war crimes: UN

GENEVA: The Myanmar junta’s plans to execute political opponents may amount to war crimes or crimes against...

Published 21 Jun, 2022 11:16am

USA

President of Panama announces blood cancer diagnosis

PANAMA CITY: The President of Panama Laurentino Cortizo said on Monday that he has blood cancer, although the...

Published 21 Jun, 2022 11:14am

South Asia

Dead rivers: The cost of Bangladesh's garment-driven economic boom

DHAKA: Bangladeshi ferryman Kalu Molla began working on the Buriganga river before the patchwork of slums on its...

Updated 21 Jun, 2022 12:38pm

Asia

‘World’s biggest’ freshwater fish netted in Cambodia

PHNOM PENH: A fisherman on the Mekong river in Cambodia has hooked the biggest freshwater fish ever recorded,...

Published 21 Jun, 2022 11:07am

Europe

Kremlin spokesman says Americans captured in Ukraine committed ‘crimes’

WASHINGTON: Two Americans captured in Ukraine while fighting with Kyiv’s military were “endangering” Russian...

Published 21 Jun, 2022 11:03am

Europe

Ukraine and Russia: What you need to know right now

Ukraine has acknowledged difficulties in fighting in the east of the country as Russian forces captured territory...

Published 21 Jun, 2022 10:23am

Europe

Zelenskiy defiant as Russia intensifies attacks in east, seizes territory

KYIV: Ukraine acknowledged difficulties in fighting in its east as Russian forces captured territory and intensified...

Published 21 Jun, 2022 10:06am

Asia

Japan’s PM calls for precise measures to combat surging prices

TOKYO: Japanese Prime Minister Fumio Kishida called on Tuesday for fresh targeted measures that could help...

Published 21 Jun, 2022 09:59am

South Asia

‘No future for us,’ say Afghan Sikhs after temple attack

KABUL: A dozen Afghan Sikhs gathered Monday in a room behind the charred ruins of their temple in Kabul, hoping to ...