Could the Hormuz crisis eclipse the 1970s oil shock?
Dubai: As the US-Iran conflict disrupts flows through the Strait of Hormuz, the question echoing across markets is stark: Could this become a bigger shock than the oil crises of the 1970s? The comparison is not just historical — it is a benchmark for global economic stress. The 1973 oil crisis, tri»»»
Battery boom is here: How energy storage solves biggest knock against solar, wind
From humble powerbanks for everyday gadgets to gigawatt-rated packs, a new calculus is driving a serious rethink about batteries across the planet. Giant energy storage banks have proven to be silent, fast-acting gladiators popping up everywhere energy storage needs to scale. Grid operators, utilit»»»
Seoul stocks dip over 4 pct amid escalating Middle East conflict - UPI.com
This photo, taken Tuesday, shows the trading room of Hana Bank in central Seoul as South Korean stocks plunged more than 4 percent and the won fell to a 17-year low over Middle East concerns. Photo by Yonhap Seoul stocks fell over 4 percent Tuesday, weighed by heavy foreign selling, as U.S. Preside»»»
Australia investigates tech giants for ‘failing to obey’ social media ban for children
Months after Australia became the first country to enact a social media ban for children under 16, Communications Minister Anika Wells on Tuesday said big tech companies were "failing to obey the laws". Australia is investigating Facebook, Instagram, Snapchat, TikTok and YouTube for imple»»»
India to begin world’s biggest population count
New Delhi: India will launch the world’s largest census on Wednesday, with more than three million officials to take part in a vast counting exercise over the next year. India’s government calls the $1.24 billion count a “gigantic exercise of national importance” that could support “inclusive gover»»»
Korean Air to enter emergency management mode over soaring fuel costs - UPI.com
Korean Air will enter emergency management mode this week to respond to rising fuel costs, according to industry sources Tuesday. This April 4, 2025, photo shows a Korean Air plane in front of a maintenance hangar in Incheon. File Pool Photo by Yonhap Korean Air Co., South Korea's flag carrier, wil»»»
Media Review: March 31
The topic of rising prices of food and fuels in Bulgaria dominates Tuesday's news media. ECONOMY Trud’s front-page story reads that the prices and the inflation rate are jointly going up. One in three retailers expects retail prices to go up over the next three months, according to a survey of busi»»»
Opinion | Leonardo Badea, BNR: Economics in the age of geopolitics
We are living through a moment of inflection in which the economy, after decades of dominance of efficiency and globalization, is once again becoming subordinate to geopolitics. If the beginning of the millennium was marked by the illusion of perpetual stability, the rapid succession of recent cris»»»
Dh12m rent for a Dubai penthouse sets new record
Dubai: Dubai’s ultra luxury property market has set a new benchmark, with a Burj Khalifa penthouse leased for Dh12 million per year, the highest annual apartment rent recorded in the UAE. Sign up for our daily business newsletter, Cheques & Balances.The duplex residence spans the 87th and 88th floo»»»
Why was Scott Mills sacked by BBC over a historic investigation?
Dubai: The BBC’s decision to sack Scott Mills relates to a 2016 police investigation into “serious sexual offences” against a teenage boy, according to a Mirror report. Mills was questioned by police under caution but the case was dropped because of a lack of evidence. However the news outlet claim»»»
Kyrgyzstan to increase renewable energy generation to 1.5 billion kilowatt-hours - | 24.KG
Kyrgyzstan will increase electricity generation from renewable energy sources and small hydropower plants to 1.2-1.5 billion kilowatt-hours in 2026. Deputy Energy Minister, Nasipbek Kerimov, announced at a meeting of the Committee on Industrial Policy, Transport, Fuel and Energy Complex, Architectu»»»
Israel's parliament approves death penalty for Palestinians
Israel's parliament on Monday passed a law approving the death penalty for Palestinians convicted of murdering Israelis, a measure that has been harshly condemned by the international community and rights groups as discriminatory and inhumane. The passage of the bill marked the culmination of a yea»»»
Abu Dhabi investor expands into US energy network
Dubai; Abu Dhabi-based ePointZero is moving to deepen its presence in global energy infrastructure with a $2.25 billion acquisition of US-based Traverse Midstream Partners. Sign up for our daily business newsletter, Cheques & Balances.The deal gives the company full ownership of a portfolio tied to»»»
IHC to take control of Indian lender in $1 billion deal
Dubai: Abu Dhabi-based IHC is moving to take control of India’s Sammaan Capital in a $1 billion deal that signals a focus on financial services and emerging market growth. Sign up for our daily business newsletter, Cheques & Balances.The investment will give IHC a 41.5% stake in the mortgage-focuse»»»
Death of Natalia Nagovitsyna not to affect flow of climbers to Kyrgyzstan - | 24.KG
The death of Russian athlete Natalia Nagovitsyna at Pobeda Peak in August 2025 will not lead to a reduction in the number of foreign expeditions to Kyrgyzstan. Nurbek Saparov, Executive Director of the Kyrgyz Association of Tourism Organizations (KATO), said in an interview with RIA Novosti. Nurbek»»»
India to Begin World’s Biggest Population Count
India will launch the world's largest census on Wednesday, with more than three million officials to take part in a vast counting exercise over the next year. The South Asian nation, home to an estimated 1.4 billion people, faces mounting challenges in providing electricity, food and housing to its»»»
China emerges as Iran war safe haven
China is emerging as a safe haven for investors seeking refuge from the Iran war storm. The economy is stable with the manufacturing PMI index flat of up in March and the stock market is outperforming most other major mark»»»
China emerges as Iran war safe haven
China is emerging as a safe haven for investors seeking refuge from the Iran war storm. The economy is stable with the manufacturing PMI index flat of up in March and the stock market is outperforming most other major mark»»»
China emerges as Iran war safe haven
China is emerging as a safe haven for investors seeking refuge from the Iran war storm. The economy is stable with the manufacturing PMI index flat of up in March and the stock market is outperforming most other major mark»»»
China emerges as Iran war safe haven
China is emerging as a safe haven for investors seeking refuge from the Iran war storm. The economy is stable with the manufacturing PMI index flat of up in March and the stock market is outperforming most other major mark»»»
China emerges as Iran war safe haven
China is emerging as a safe haven for investors seeking refuge from the Iran war storm. The economy is stable with the manufacturing PMI index flat of up in March and the stock market is outperforming most other major mark»»»
China emerges as Iran war safe haven
China is emerging as a safe haven for investors seeking refuge from the Iran war storm. The economy is stable with the manufacturing PMI index flat of up in March and the stock market is outperforming most other major mark»»»
China emerges as Iran war safe haven
China is emerging as a safe haven for investors seeking refuge from the Iran war storm. The economy is stable with the manufacturing PMI index flat of up in March and the stock market is outperforming most other major mark»»»
China emerges as Iran war safe haven
China is emerging as a safe haven for investors seeking refuge from the Iran war storm. The economy is stable with the manufacturing PMI index flat of up in March and the stock market is outperforming most other major mark»»»
China emerges as Iran war safe haven
China is emerging as a safe haven for investors seeking refuge from the Iran war storm. The economy is stable with the manufacturing PMI index flat of up in March and the stock market is outperforming most other major mark»»»
China emerges as Iran war safe haven
China is emerging as a safe haven for investors seeking refuge from the Iran war storm. The economy is stable with the manufacturing PMI index flat of up in March and the stock market is outperforming most other major mark»»»
China emerges as Iran war safe haven
China is emerging as a safe haven for investors seeking refuge from the Iran war storm. The economy is stable with the manufacturing PMI index flat of up in March and the stock market is outperforming most other major mark»»»
China emerges as Iran war safe haven
China is emerging as a safe haven for investors seeking refuge from the Iran war storm. The economy is stable with the manufacturing PMI index flat of up in March and the stock market is outperforming most other major mark»»»
China emerges as Iran war safe haven
China is emerging as a safe haven for investors seeking refuge from the Iran war storm. The economy is stable with the manufacturing PMI index flat of up in March and the stock market is outperforming most other major mark»»»
China emerges as Iran war safe haven
China is emerging as a safe haven for investors seeking refuge from the Iran war storm. The economy is stable with the manufacturing PMI index flat of up in March and the stock market is outperforming most other major mark»»»
Meta, Snapchat, TikTok and YouTube Aren’t Fully Complying with Child Account Ban, Australia Says
Australia’s online safety watchdog said Tuesday it was considering court against Facebook, Instagram, Snapchat, TikTok and YouTube alleging they are not doing enough to keep Australian children younger than 16 off their platforms. Experts say the Australian courts could decide what steps the platfo»»»
After the Iran war, how fast could global trade recover?
TradeMiddle EastAfter the Iran war, how fast could global trade recover?Nik MartinThe Iran war could end soon or drag on for months. When the Strait of Hormuz is reopened, the true test will be how quickly energy, fertilizer and other supply chains can bounce back. https://p.dw.com/p/5B69iEven cont»»»
UAE remittances get a lift as peso slides past 16.5
Dubai: The Philippine peso weakened again on Tuesday morning, pushing past 16.5 against the UAE dirham and extending a steady decline seen in recent sessions. Sign up for our daily business newsletter, Cheques & Balances.At 9.35 am, Dh1 fetched 16.53 pesos, near the upper end of its recent trading »»»
Oil Slips, Stocks Rise as Report Says Trump Willing to End War
Oil prices sank and most stocks rose Tuesday, following a report that indicated Donald Trump was willing to end the Iran war even if the key Strait of Hormuz remained closed. But investors remain wary as the Wall Street Journal story came on the same day the US president threatened to destroy Iran'»»»
Bab al-Mandab strait: Iran’s Houthi allies enter the conflict, raising fears over key trade route
As Iran’s Houthi allies enter the conflict, Iran has threatened to disrupt shipping in the Bab al-Mandab Strait – a strategic waterway linking the Gulf of Aden to the Red Sea and the Suez Canal – with the help of its Houthi allies in Yemen. While disruptions in the Strait o»»»
Israel’s Parliament Approves Death Penalty for Palestinians Convicted of Murdering Israelis
Israel’s parliament on Monday passed a law approving the death penalty for Palestinians convicted of murdering Israelis, a measure that has been harshly condemned by the international community and rights groups as discriminatory and inhumane. The passage of the bill marked the culmination of a yea»»»
North Korea tests high-thrust engine for missile capable of striking US mainland
North Korean leader Kim Jong-un oversaw a test of a high-thrust, solid-fuel engine for weapons and hailed it as a development to boost the country’s strategic military capability, state media reported Sunday. Analysts said the test signalled efforts to place multiple warheads on a single missile ca»»»
Dramatic red skies in Australia due to cyclone and soil drought
Almost surreal images showing bright red and orange skies are coming out of Australia. This meteorological phenomenon is caused by the passage of a powerful cyclone sweeping along the west coast. It is a rare sight, but known to happen during major sandstorms or dust storms. This red Australian sky»»»
Germany's Merz says 80 percent of Syrian immigrants should return home
Germany's Chancellor Friedrich Merz said on Monday that he and Syrian President Ahmed al-Sharaa agreed the vast majority of Syrian immigrants living in Germany should return to their homeland over the next three years. Al-Sharaa met Merz in Berlin – making his first presidential visit to Germa»»»
Dubai gold climbs back toward Dh550 after volatile March correction
Dubai: Gold prices in Dubai moved higher early Tuesday, extending a modest recovery after a sharp correction earlier in March. (Check latest UAE gold prices here, alongside prices in Saudi Arabia, Oman, Qatar, Bahrain, Kuwait, and India.) Sign up for our daily business newsletter, Cheques & Balance»»»
Ratbek Zhumanazarov wins bronze at International Judo Tournament - | 24.KG
Kyrgyzstani Ratbek Zhumanazarov won a bronze medal at the International Judo Tournament held in Senegal. The athlete competed in the 81-kilogram weight class at another stage of the Open African Cup. In his first bout, Ratbek Zhumanazarov was stronger and more confident than his opponent from Seneg»»»
BEYOND THE BOSPORUS: Turkey builds house for PKK leader Ocalan on prison island Imrali
The Turkish government has built a house for Abdullah Ocalan, the leader of the militant-politico Kurdistan Workers’ Party (PKK), imprisoned for life after he was abducted by intelligence agents in Nairobi, Kenya 27 years ago. »»»
Singapore’s path towards nuclear energy use
The National Environment Agency (NEA) of Singapore is commissioning three comprehensive studies focused on nuclear safety and environmental protection. The city-state is making a shift, from passive observation to active preparation with research and policy exploration. As reported by World Nuclear»»»
BEYOND THE BOSPORUS: Turkey builds house for PKK leader Ocalan on prison island Imrali
The Turkish government has built a house for Abdullah Ocalan, the leader of the militant-politico Kurdistan Workers’ Party (PKK), imprisoned for life after he was abducted by intelligence agents in Nairobi, Kenya 27 years ago. »»»
BEYOND THE BOSPORUS: Turkey builds house for PKK leader Ocalan on prison island Imrali
The Turkish government has built a house for Abdullah Ocalan, the leader of the militant-politico Kurdistan Workers’ Party (PKK), imprisoned for life after he was abducted by intelligence agents in Nairobi, Kenya 27 years ago. »»»
BEYOND THE BOSPORUS: Turkey builds house for PKK leader Ocalan on prison island Imrali
The Turkish government has built a house for Abdullah Ocalan, the leader of the militant-politico Kurdistan Workers’ Party (PKK), imprisoned for life after he was abducted by intelligence agents in Nairobi, Kenya 27 years ago. »»»
Singapore’s path towards nuclear energy use
The National Environment Agency (NEA) of Singapore is commissioning three comprehensive studies focused on nuclear safety and environmental protection. The city-state is making a shift, from passive observation to active preparation with research and policy exploration. As reported by World Nuclear»»»
Singapore’s path towards nuclear energy use
The National Environment Agency (NEA) of Singapore is commissioning three comprehensive studies focused on nuclear safety and environmental protection. The city-state is making a shift, from passive observation to active preparation with research and policy exploration. As reported by World Nuclear»»»
Singapore’s path towards nuclear energy use
The National Environment Agency (NEA) of Singapore is commissioning three comprehensive studies focused on nuclear safety and environmental protection. The city-state is making a shift, from passive observation to active preparation with research and policy exploration. As reported by World Nuclear»»»
Serbia’s ruling party claims clean sweep in tense local elections
Serbia’s President Aleksandar Vucic said his ruling Serbian Progressive Party (SNS) and its allies won in all 10 municipalities that held local elections on March 29, in a vote marked by high turnout, violence and allegations of irregularities. »»»