The chief of the World Trade Organization (WTO) warned Monday that global instability and war are weighing down the world economy. WTO Director-General Ngozi Okonjo-Iweala said at the organization’s biennial meeting in the United Arab
Israel has announced plans to launch a full-scale offensive on the town of Rafah in the southern Gaza strip, claiming it is the only way to "completely destroy" Hamas. But according to former French military
Tourism, gas exports and Suez Canal revenues are all suffering, and the crisis in Rafah could make things worse, say analysts. Already facing a deep crisis, Egypt’s economy appears poised to take a hit from
The head of Médecins Sans Frontières (Doctors Without Borders) told the United Nations Security Council on Thursday that medical teams in the Gaza Strip have come up with a new acronym: WCNSF - wounded child,
Israel's military exports to India, its largest defence buyer, have not been affected by the war in Gaza, an Indian source and an Israeli source aware of the details said. India has imported military hardware
The Biden administration on Friday said Israel's expansion of settlements in the occupied West Bank is inconsistent with international law, signaling a return to long-standing U.S. policy on the issue that had been reversed by
An attack by Yemeni Houthi rebels on a Belize-flagged ship earlier this month caused an 18-mile (29-kilometer) oil slick, the U.S. military said Saturday. It also warned of the danger of a spill from the
Attacks by Yemen's Huthi rebels on commercial ships in the Red Sea have sent insurance premiums surging, exacerbating costs already stretched by soaring freight rates and longer alternative trade routes. The Huthis have carried out
Israeli Prime Minister Benjamin Netanyahu has unveiled a plan for post-war Gaza that drew criticism from key ally the United States and was rejected by the Palestinian Authority and Hamas on Friday. The new plan
The Biden administration on Friday restored a U.S. legal finding dating back nearly 50 years that Israeli settlements in the occupied Palestinian territories are "illegitimate" under international law. Secretary of State Antony Blinken said the
