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Egypt, France, Germany, Jordan warn Israel on annexation
Middle East

Egypt, France, Germany, Jordan warn Israel on annexation

  • The Palestinian Authority, which wants the West Bank for a future Palestinian state, opposes the move. The United States has yet to give its approval to the annexation plans.
  • We concur that any annexation of Palestinian territories occupied in 1967 would be a violation of international law and imperil the foundations of the peace process.
Published Jul 07, 2020 05:21pm
Gulf economies to shrink by 7.6pc this year, IMF says
Middle East

Gulf economies to shrink by 7.6pc this year, IMF says

  • "We expect the GCC economies to contract by 7.6% this year, the contraction will be across all sectors, oil and non-oil."
  • Saudi Arabia's central bank governor said instead that the kingdom expects its economy to fare better than forecast by the IMF.
Published Jun 30, 2020 07:28pm
Saudi, US officials call for extending UN arms embargo on Iran
Middle East

Saudi, US officials call for extending UN arms embargo on Iran

  • The arms curbs on Iran are due to expire in October under the terms of Tehran's 2015 nuclear deal with world powers.
  • Despite the embargo, Iran seeks to provide weapons to terrorist groups, so what will happen if the embargo is lifted? Iran will become more ferocious and aggressive.
Published Jun 29, 2020 08:25pm