WASHINGTON — The World Bank on Wednesday warned that global commodity prices were set to increase by 23 per cent by the end of 2026, with energy prices at four-year highs due to the war on Iran and food prices driven up by global conflicts and El Nino."Commodity markets are being hit by several maj»»»

FRANKFURT, Germany — German chemicals giant BASF raised its 2026 profit outlook for the second time this year on Wednesday after increasing prices to clients following the outbreak of the Iran war.The maker of products ranging from automotive paints to sunscreen ingredients now expects a core profi»»»

Israel faces weeks of political uncertainty, as the parliamentary elections did not result in a majority for either side. A unity government could break the deadlock, but at what cost to domestic politics and regional stability? After months of a fiercely contested race, Israelis are waking up to a»»»

The outbreak of fighting between rival forces in southern Ethiopia last week has led some 50,000 people to seek refuge in neighbouring Kenya, the United Nations said Wednesday, citing local authorities. Fighting in southern Ethiopia has caused some 50,000 to flee over the border to Kenya since clas»»»

BEIRUT: Hezbollah chief Naim Qassem said Wednesday the Iran-backed Lebanese movement was not concerned with the results of Israel’s election, vowing to continue its “resistance” against the neighboring country no matter who wins. With 85 percent of ballots counted, the right-wing bloc of Prime Mini»»»

Bulgaria's National Assembly was set to hold an extraordinary sitting starting on Wednesday morning at the request of MPs from Democratic Bulgaria (DB) and Continue the Change (CC), but it failed to do so for a third time in a row due to a lack of quorum. The first item on the agenda was a hearing »»»

By Staff, Agencies Iranian President Masoud Pezeshkian said Tehran is working to implement the directive of Leader of the Islamic Revolution Ayatollah Sayyed Mojtaba Khamenei to secure Iran’s conditions for ending the US-“Israeli”-imposed war and bringing an end to the “no war, no peace” situation.»»»

NEW YORK CITY: More than 281,000 people have been forced from their homes by fighting in Yemen since the start of August, the UN said on Wednesday. The conflict has also cut main supply lines into Taiz and pushed aid convoys onto narrow mountain tracks. More than half of the displaced were shelteri»»»

BASEL - Serbian tennis player Novak Djokovic has got off to a successful start at the Basel ATP 500 tournament after a 4-6, 6-3, 6-4 victory over Frenchman Ugo Humbert in the opening round on Wednesday. Djokovic, who won after two and a half hours of play, will next face German Jan-Lennard Struff, »»»

Fed kept rates unchanged between 3.75% to 4.00% a month after raising rates by 0.25% Dubai: The US Federal Reserve left interest rates unchanged on Wednesday, days ahead of crucial midterm elections, despite inflation surging in the world's largest economy. Get updated faster and for FREE: Download»»»

LONDON: Israeli forces are reportedly positioned about 27 km from Damascus, and analysts say they may not need to advance any farther to constrain Syria’s government. Their foothold in the south, reinforced by repeated incursions and the threat of airstrikes, already gives Israel leverage over its »»»

Russian banks and their foreign partners are already processing international payments without relying on Western financial systems, Kremlin Deputy Chief of Staff Maxim Oreshkin told President Vladimir Putin at the Russia-Africa forum in Moscow. "Just five years ago, we, like many countries, relied»»»

NAZARETH: The leader of a key Arab party said on Wednesday that he was willing to cooperate with an opposition-led Israeli government to unseat Prime Minister Benjamin Netanyahu, but was not open to joining such a coalition outright. “We do not see the possibility of being part of an Israeli govern»»»

The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) will hold its seventh scheduled meeting of the year on Thursday to decide on its key policy interest rates, a major indicator of the direction of short-term interest rates on the Egyptian pound, amid strong expectations that rates wi»»»

Sofia Prison Governor Svetoslav Penov has submitted a negative opinion to the Sofia City Court in the proceedings concerning the early conditional release of Kristian Nikolov, who was convicted of causing the death of prominent journalist Milen Tsvetkov, the Ministry of Justice reported on Wednesda»»»

BELGRADE - Serbian Progressive Party (SNS) leader Milos Vucevic condemned on Wednesday a storming of the offices of the Srbijavode water management public enterprise and called on the Student List to assume responsibility and call on its supporters to stop their violence against people in Serbia. "»»»

Uncertainty hung over Israel’s election Wednesday as neither Prime Minister Benjamin Netanyahu’s right-wing, religious bloc nor that of his centrist rival, Gadi Eisenkot, appeared to be heading for a majority in the Knesset. But there was a surprise: an unusually strong showing by Arab parties coul»»»

The agreement follows a national tender launched by Carrefour Property for the development, financing, construction, operation and maintenance of photovoltaic carports across its nationwide portfolio. This partnership involves approximately 25 MWp of installed capacity and is expected to comprise a»»»

Hezbollah Secretary General Sheikh Naim Qassem, emphasized that the resistance continues under the legitimate right of resistance and what is guaranteed by the Taif Agreement, and that it will confront any aggression against it and against Lebanon. He stressed that “there is no room for discussion »»»

SEOUL — South Korean chip giant SK hynix on Wednesday reported a 632 per cent surge in third-quarter operating profit, fuelled by booming demand for AI semiconductors, and unveiled plans to return an additional $45 billion to shareholders.The company is a specialist supplier of high-bandwidth memor»»»

AMMAN — Jordan Phosphate Mines Company (JPMC) has recorded a net profit of JD315.1 million through the end of the third quarter of this year.This figure was achieved despite challenges posed by geopolitical developments in the region, sharp increases in the costs of essential production inputs and »»»

A container ship was struck by three maritime drones about 17 nautical miles east of Cape Kaliakra on Wednesday. Defence Minister Dimitar Stoyanov broke the news after a trilateral meeting of the defence ministers and chiefs of defence of Bulgaria, Romania and Turkiye on security and defence in the»»»

RIYADH: Saudi Foreign Minister Prince Faisal bin Farhan offered condolences to Spain on Wednesday after a collision between two high-speed trains near Toledo killed at least 64 people. In a phone call with Spanish Foreign Minister Jose Manuel Albares, Prince Faisal expressed Saudi Arabia’s solidari»»»

His plane touched down at Opa-Locka Airport outside Miami after flying from Argentina Opa-Locka, United States: Brazil's defeated right-wing presidential candidate Flavio Bolsonaro stepped out of a private plane in Florida on Wednesday morning, AFP witnessed, despite a court order banning him from »»»

Translated by Al-Ahed News Hezbollah Secretary-General His Eminence Sheikh Qassem has reaffirmed the movement’s commitment to continued resistance against the “Israeli” occupation, rejecting any discussion of disarmament while Lebanese territory remains occupied and attacks continue. In a statement»»»

UPDATEEmergency vehicles raced to and from the site as rescuers searched for survivors Urda, Spain: A high-speed train collision south of Madrid killed 68 people and injured scores more on Wednesday, with the toll likely to rise, authorities said, in one of Europe's deadliest such disasters this ce»»»

Conflicting accounts cast doubt on Doha's mediation efforts as US military threat looms Dubai: Qatar has not presented Iran with a new peace proposal to end the war with the United States and Israel, but only ideas that Tehran considers unacceptable, a senior Iranian official involved in the negoti»»»

DAMASCUS: Syria summoned Jordan’s ambassador on Wednesday and handed him a formal note of protest over Jordanian airstrikes that killed seven civilians, including three children, in southern Syria earlier this week, the Syrian Arab News Agency reported. The Syrian Foreign Ministry said Ambassador S»»»

LONDON: Israeli forces demolished a Palestinian residential building in Al-Walaja, a village northwest of Bethlehem in the occupied West Bank, on Wednesday, for being built without a permit. The three-story building belonged to brothers Yahya, Mustafa, Hamza and Mohammed Yousef Rabah. Each floor me»»»

When Nicolas Sarkozy, then president of France, visited Tangier on 23 October 2007 to promote his proposed Union for the Mediterranean, he invoked Morocco’s history of protecting Jewish communities as an example of the shared heritage that could underpin Mediterranean cooperation. “Throughout Europ»»»

The government’s failure to respond firmly to Russia sends a message that Moscow can continue attacking and intimidating others, Democratic Bulgaria (DB) Co-Chair Ivaylo Mirchev said at a party briefing on the latest attack on a container ship. Defence Minister Dimitar Stoyanov reported that a cont»»»

Africa's outbreak of the Ebola virus has passed more than 10,000 cases, health authorities said Tuesday, with the vast majority located in Democratic Republic of Congo. There are currently no approved vaccines for the rare Bundibugyo species of Ebola driving the current infections. Africa's la»»»

Netanyahu seeks to remain the country's longest-serving prime minister Jerusalem: Anxious Israelis watched election results near completion Wednesday, as no clear winner emerged and weeks of negotiating could lie ahead for Prime Minister Benjamin Netanyahu and an array of opposition parties trying »»»

The Bulgarian Ministry of Defense and Naval Forces have increased surveillance in the Black Sea after four vessels were struck in Bulgaria’s Exclusive Economic Zone since October 6, with all sailors from two ships rescued, 11 still missing from another, and the fate of the Alpha Watan’s crew unknow»»»

All 18 crew members of the Liberian-flagged container ship CONTSHIP JET, which was hit by three drones in the Black Sea, have been rescued without any fatalities, Bulgarian authorities said. The joint rescue operation has been completed, involving Bulgaria’s emergency rescue services, Maritime Admi»»»

When Donald Trump returned triumphantly to the White House in January 2025, his supporters believed they could finally finish what he started during his first term and reverse the Democrats’ social engineering agenda, commonly known as ‘wokeism’, curb illegal immigration, accelerate technological d»»»

There is currently no danger to coastal settlements following an attack by three drones on a container ship off Cape Kaliakra, the press centre of the Dobrich Regional Administration said on Wednesday. Following talks with Border Police, Regional Governor Ruslan Tomov reported that the vessel was t»»»

DAMASCUS: Iraqi Prime Minister Ali Al-Zaidi and Syrian President Ahmed Al-Sharaa discussed economic and energy cooperation in Damascus on Wednesday, official statements said, months after a deal on an Iraqi oil export pipeline. It is the first visit by an Iraqi premier since the current authorities»»»

We are deeply saddened by the loss of lives resulting from the train crash that occurred today (28 October) near Toledo, Spain. We extend our condolences to the families of those who lost their lives and to the people of Spain, and wish a speedy recovery to the injured. Based on current information»»»

Urda, Spain: Prime Minister Pedro Sanchez said Spain would observe three days of mourning after the country's second high-speed train collision this year killed at least 64 people on Wednesday. "All of Spain is in mourning," Sanchez said from the scene in the central region of Castilla-La Mancha, a»»»

RIYADH: The president of the Saudi Water Authority inspected several water and infrastructure projects in Riyadh and the Eastern Region on Wednesday. Abdullah Ibrahim Al-Abdul-Karim visited projects aimed at reducing energy consumption and increasing Riyadh’s daily water supply by around 1.2 millio»»»

The sales segment targeting healthcare organisations involves the direct supply of uniforms for staff at clinics, hospitals, dental centres and other healthcare facilities. This is becoming an increasingly important part of TAG’s business, alongside its own network of shops and online sales. In 202»»»

Serbia’s leader Aleksandar Vučić, who conceded defeat on 28 October, was reportedly prepared to use force to cling to power after his election defeat, but backed down following calls from European leaders, according to British newspaper The Times. Unconfirmed reports have suggested that Hungary’s f»»»

The upcoming US midterms are unlikely to change Washington's stance toward Russia, former CIA officer Larry Johnson told Sputnik, pointing to opposition to Trump's diplomatic outreach from both Republicans and Democrats. Johnson argued that foreign policy affects voters mainly through economic pres»»»

Border police have detained 19 members of a criminal group who have organized the transfer of illegal migrants via Bulgaria to Western Europe. Charges were pressed against four of the detainees (three Syrians and one Bulgarian), who were remanded in custody for up to 72 hours, the Border Police Dir»»»

Sofia hosted trilateral talks on Black Sea security at Boyana Residence on Wednesday. Participants included Bulgarian Defence Minister Dimitar Stoyanov and Chief of Defence Admiral Emil Eftimov, Romanian Defence Minister Stefan-Radu Oprea and Deputy Chief of Defence Lieutenant General Dragos-Dumitr»»»

Madrid: The Spanish Football Federation (RFEF) on Wednesday suspended all 24 Copa del Rey first-round matches scheduled for the day following a fatal train crash in the province of Toledo that resulted in the death of at least 30 people dead and left dozens injured. "As a show of respect and solida»»»

TEHRAN: Iran on Wednesday warned of a devastating economic impact from any new Israeli-led attack, as the votes were counted in an Israeli election that could determine the future of the regional war. Under Israeli Prime Minister Benjamin Netanyahu, who has vowed to topple Iran’s government, the tw»»»

Continue the Change Floor Leader Nikolay Denkov urged Prime Minister Rumen Radev and Armed Forces Commander-in-Chief Iliana Iotova to explain why “despite bowing down to aggressor [Russian President Vladimir] Putin, the war is moving ever closer to the Bulgarian border”. In a Facebook post on Wedne»»»

Madrid: The Spanish Football Federation (RFEF) on Wednesday suspended all 24 Copa del Rey first-round matches scheduled for the day following a fatal train crash in the province of Toledo that resulted in the death of at least 30 people dead and left dozens injured. "As a show of respect and solida»»»