New Fed chair Kevin Warsh leads first Open Market Committee meeting - UPI.com
Kevin Warsh will take to the podium Wednesday for the first time as the chairman of the Federal Reserve to reveal the latest interest rate decision. Photo by Yuri Gripas/UPI | License Photo June 17 (UPI) -- Kevin Warsh will take to the podium Wednesday for the first time as the chairman of the Fede»»»
Scorching heat, disease and water shortages push Gaza deeper into crisis
DUBAI: Eight months into a ceasefire that has failed to stop Israeli attacks or fully open Gaza’s borders, the 2.1 million Palestinians inside the besieged enclave are entering a summer that aid agencies warn could accelerate an already unfolding public health catastrophe. As summer temperatures so»»»
’Heartbreaking’: Afghan govt staff abandon smartphones
KABUL: Government workers in different parts of Afghanistan have started switching off their smartphones, following an order imposed Wednesday that they told AFP came from Supreme Leader Hibatullah Akhundzada. A letter announcing the ban on smartphones for all government employees started circulati»»»
Djuric, Stevanovic discuss Serbia-Slovenia cooperation
BELGRADE - Serbian FM Marko Djuric met on Wednesday in Belgrade with Slovenian Parliament Speaker Zoran Stevanovic to discuss bilateral relations, the situation in the region and the most important geopolitical issues. "The two officials mutually noted that relations between Belgrade and Ljubljana »»»
Egypt’s development projects between the sore eyes and the arms of the builders
By Sherif Abdel Ghaffar I read an article for an expat who used to live in Egypt from 2002 till 2014, this writer apparently also started an English-speaking magazine in Egypt when she lived there. The article in so many words was bashing up the new capital city project in Egypt. I was filled with »»»
Dubai Financial Market crosses Dh1 trillion as investor activity strengthens
Dubai: The Dubai Financial Market (DFM) has crossed a market capitalisation of Dh1 trillion, with its General Index reaching 6,115.97 points, the Dubai Media Office announced Wednesday. Sign up for our daily business newsletter, Cheques & Balances.The milestone comes as UAE markets recorded gains f»»»
Arada begins its London expansion with 172 apartments above Swiss Cottage station
Dubai: Arada has started the pre-launch phase of 100 Avenue Road, a 172-apartment residential development in London’s Swiss Cottage, marking the UAE-headquartered developer’s first London product after its acquisition of Regal last year. Sign up for our daily business newsletter, Cheques & Balances»»»
The power of community: How a Dubai teacher's cancer battle sparked a wave of kindness across the UAE
Dubai: Eighteen months ago, Claire Francis received the news that every family dreads. The head of physical education at Nord Anglia International School in Dubai had been diagnosed with stage four cancer. In an instant, life became a blur of hospital appointments, major surgery, chemotherapy, radi»»»
Arab models, singers show support for national teams at FIFA World Cup
DUBAI: Arab celebrities have been taking their football fandom to Instagram as supporters across the region rally behind the national teams competing at the FIFA World Cup. Among the most prominent voices is Palestinian Chilean singer Elyanna, who has enjoyed a particularly high-profile tournament.»»»
Trump once attacked Iran cash deals. Now he’s defending a $300 billion fund
Washington: US President Donald Trump is facing criticism over a proposed reconstruction and investment fund for Iran that could be worth up to $300 billion, with opponents arguing it resembles arrangements he fiercely criticised under former president Barack Obama, according to a CNN analysis. The»»»
World Bank cuts Sub-Saharan Africa growth forecast as energy shock bites
Sub-Saharan Africa's economic expansion is expected to slow modestly in 2026 as higher energy costs, weaker external demand and constrained fiscal space offset gains from structural reforms and improved trade access, according to the World Bank's latest Global Economic Prospects report. The World B»»»
REVIEW: ‘Toy Story 5’ finds heart in the digital age, even as the franchise shows its age
DUBAI: For nearly three decades, Pixar’s “Toy Story” films have managed something few franchises ever achieve: consistency. Across five films, the series has rarely missed a beat, delivering stories that are funny, emotionally resonant and surprisingly insightful about growing up, letting go and fi»»»
Revolut moves closer to UAE launch after securing Central Bank licences
Dubai: Revolut has received Stored Value Facilities and Retail Payment Services licences from the Central Bank of the UAE, clearing a major regulatory step before the global fintech launches its local product offering. Sign up for our daily business newsletter, Cheques & Balances.The approval follo»»»
EC Recommendations for Bulgaria: Strengthen Cybersecurity, Improve Technology Education Pathways
The European Commission (EC) published on Wednesday the fourth State of the Digital Decade 2026 report, which evaluates progress made by the EU in its digitalisation across the board, including in critical infrastructures, digitalisation of business, digital skills, and digitalisation of public ser»»»
AI-driven challenger banks are forcing traditional lenders to rebuild for a faster future
Dubai: Global banks could see profit pools fall by $170 billion by 2030 unless they move faster on AI, data and digital-first operating models, according to a new DIFC report that describes the industry’s biggest structural shift since the 2008 financial crisis. Sign up for our daily business newsl»»»
Telegram’s Pavel Durov slams India’s temporary ban, says 150 million users ‘punished’ without stopping NEET leak scams
Dubai: Telegram founder Pavel Durov has criticised India's temporary ban on the messaging platform, arguing that the move has "punished" more than 150 million users in the country without preventing the spread of leaked examination materials. In a post on his Telegram channel on Tuesday, Durov said»»»
In Denmark, doing away with bosses to boost performance
Copenhagen: Danish company Clever is trying something it believes is clever indeed: it has done away with bosses to foster creativity and boost group performance. At its Copenhagen headquarters in a former industrial district, Denmark's leading operator of electric car charging stations has no hier»»»
Man Dies in Bulgaria After €33.50 Dispute Turns into Fatal Assault in IskarOpinions
A 50-year-old man has died in the town of Iskar after being attacked over an unpaid restaurant bill of €33.50, according to bTV. Two individuals have been detained in connection with the incident, which occurred during the town’s holiday celebrations, but questions remain over the official account »»»
Oil export price beats Azerbaijan's 2026 budget plan by 22% in Q1
Azerbaijan's crude oil exports fetched an average of $79.5 a barrel in the first quarter of 2026, 7.15% higher than a year earlier and well above the $65 a barrel assumed in this year's state budget, according to Central Bank of Azerbaijan data reported by Report.az. The gap between the realised pr»»»
What’s behind Keir Starmer’s under-16s social media ban?
British Prime Minister Keir Starmer has announced that under-16s will be banned from social media, and adults will have to verify their identity to use major platforms. Critics say it’s an opportunity for Starmer to fulfil his long-term goal of introducing digital ID by the back door. Starmer annou»»»
EGX Mixed as Overseas Investors Rotate Beyond Large Caps
Foreign Buyers Shift Toward Mid-Caps as Stronger Fundamentals Continue to Support Egyptian Assets Cairo — Egyptian equities closed mixed on Tuesday as investors rotated away from selected large-cap stocks while continuing to accumulate positions in mid-cap and financial shares, reinforcing a broade»»»
Oil prices may take up to 8 weeks to stabilise even if Hormuz reopens Friday
Dubai: Oil prices could take 4 to 8 weeks to stabilise even if the Strait of Hormuz reopens on Friday, as tanker backlogs, elevated insurance costs, low inventories and doubts over the ceasefire continue to keep a risk premium in energy markets. Sign up for our daily business newsletter, Cheques & »»»
UN chief Guterres visits Haiti as gang violence surges
UN Secretary General Antonio Guterres visited Haiti on Tuesday as gang violence deepens a humanitarian crisis, with more than one in 10 Haitians displaced. The United Nations said 2,300 people have been killed and 100 kidnapped this year, while 1.5 million have been forced from their homes, includi»»»
The problem with the 'Axis of Resistance' narrative on Palestine
The term ‘Axis of Defiance’ was once associated with a number of Arab states opposed to any peace agreement with Israel, particularly after the defeat of 1967. However, as political alignments evolved, the concept gradually transformed. Over time, its meaning progressively narrowed to the ‘Axis of »»»
Péter Magyar ordered immediate internal investigation concerning the Ukrainian gold convoy case
The government ordered an immediate internal investigation at the tax and customs authority NAV, the Anti-Terrorism Centre and other agencies involved in the so-called “gold convoy” case, Prime Minister Péter Magyar said on Facebook on Wednesday. The seized Ukrainian assets. Photo: MTI/Magyarország»»»
White House talking points explicitly say Iran deal to end Lebanon conflict
The White House has informed supporters that President Donald Trump has accomplished his goals in the war with Iran despite the details of an initial agreement remaining unclear and negotiations on Tehran's nuclear program still to be held. In a series of talking points sent to Trump supporters and»»»
Taiwan opposition leader says US trip ‘exceeded expections’
TAIPEI: Taiwan’s main opposition leader said her tour of the United States aimed at mustering support for her stance on China “exceeded expectations,” without detailing any tangible outcomes. Kuomintang (KMT) chairwoman Cheng Li-wun returned to Taipei this week to sharp questions over the island’s »»»
New EU members could face years of restrictions
Countries seeking to join the EU could face major limits on their ability to dissent against Brussels’ decisions after accession, Enlargement Commissioner Marta Kos has warned. The EU is looking to speed up the admission of new states amid concerns that growing economic problems and global politica»»»
UN food aid agency gets $800 million grant from US after funding cuts
ROME: The United Nations World Food Programme said on Wednesday it welcomed an $800 million contribution from the United States, following previous funding cuts from President Donald Trump’s administration. The funds will help scale up assistance and respond rapidly to emerging crises at a time wh»»»
Trump to wrap G7 summit facing skepticism and jitters over Iran deal
Leaders at the Group of Seven summit on Wednesday threw their support behind U.S. President Donald Trump's tentative agreement with Iran to open the Strait of Hormuz and further extend a shaky ceasefire — even though he's offered scant specificity about how that would be implemented. In a declarati»»»
Iran deal tests Trump-Netanyahu friendship
Israeli Prime Minister Benjamin Netanyahu told President Donald Trump last year that he was the "greatest friend Israel ever had in the White House." Now, as Trump tries to finalize a deal to end the war with Iran, he's unloading on Netanyahu with rhetoric that no other American leader has dared to»»»
Seven citizens of Kyrgyzstan ended up in Minsk prisons in 2026 - | 24.KG
In 2026, seven citizens of Kyrgyzstan ended up in Minsk prisons. Member of Parliament Dastan Bekeshev announced at a meeting of the Zhogorku Kenesh. According to him, a number of citizens approached him with complaints. «It turned out that the Kyrgyzstanis saw an advertisement for IT jobs in Belaru»»»
Why are some people mosquito magnets? Clues are emerging
Paris, France: Ever felt like mosquitoes bite you while ignoring everyone else? Scientists are now making progress in deciphering the complex chemical cocktail that makes particular people more enticing to these disease-spreading bloodsuckers. "It's not a misconception -- mosquitoes are attracted t»»»
New EU labour rules to bring new compliance requirements for companies – EY analysis
The new European initiatives on labour mobility and job quality could rapidly change the way companies use or move their workforce, control costs, and coordinate internal functions. For businesses, the stake is not only compliance. In practice, it is speed of execution and the ability to reduce fri»»»
Christian communities of Marjayoun and Qlayaa navigate life in south Lebanon
In the predominantly Christian towns of Marjayoun and nearby Qlayaa in southern Lebanon, daily life continues in the shadow of a war that devastated many surrounding Shiite villages during months of fighting between Israel and Hezbollah. While the two towns largely escaped the widespread destructio»»»
Steven Spielberg on UFOs and aliens: ‘I’m completely certain we are not alone’
Dubai: Oscar-winning director Steven Spielberg has spent decades convincing audiences that aliens could phone home, invade Earth, or hide in suburban closets. But according to the legendary filmmaker, the latest inspiration for his sci-fi film 'Disclosure Day', out in UAE cinemas now, didn't come f»»»
Trump 'not happy' with Netanyahu's conduct in Lebanon
Trump told reporters on Tuesday that he did not think an attack on Hezbollah by Israel would necessarily sink the agreement, though he said he was "not happy with the way Israel has handled themselves with Lebanon and with Hezbollah." Israeli strikes in Lebanon have killed nearly 4,000 people, incl»»»
Syria expands vegetation restoration projects in Badia to combat desertification
Damascus, June 17 (SANA) Syria is expanding efforts to restore vegetation cover and rehabilitate natural rangelands across the Syrian Badia, a vast steppe region that covers more than half of the country’s territory, as part of long-term programs aimed at combating desertification, improving enviro»»»
Is Bulgaria Getting Too Expensive? From €27 Coffee and Cake to €160 Lobster, Prices at the Seaside Spark DebateOpinions
As the peak summer season gets underway, prices along Bulgaria’s Black Sea coast have once again become a hot topic. Receipts, restaurant bills, and social media videos are fueling debate over whether a vacation by the sea has become too expensive. Yet industry representatives and analysts argue th»»»
AI just took the world's hardest maths test and humans won
Dubai: Artificial intelligence (AI) is on a run of late trying to prove it can outpace humans in solving decades-old puzzles, mastering games, and writing code at superhuman speed. But when it comes to the cutting edge of mathematical research, humans still have the upper hand. That's the verdict f»»»
MoFA Secretary-General receives credentials of Ambassadors of Tuvalu and Antigua and Barbuda
Secretary-General of the Ministry of Foreign Affairs H E Dr. Ahmed bin Hassan Al Hammadi separately received yesterday copies of the credentials of Ambassador of Tuvalu (pictured), non-resident, to Qatar H E Dr. Tauisi Minute Taupo and Ambassador of Antigua and Barbuda (non-resident) to Qatar H E T»»»
Akhlaquna Award recognition opens new doors for Feed a Friend initiative
Doha, Qatar: Just weeks after receiving the Akhlaquna Individual Contributions Award in April, ‘Feed a Friend’ is already seeing the recognition translate into new opportunities to expand the reach of the community initiative founded during the COVID-19 pandemic. The award, which honours individual»»»
Saudi Arabia gears up for Spain after Uruguay draw
DUBAI: Saudi Arabia began preparations on Wednesday for its second Group H match at the FIFA World Cup 2026 against Spain, with the Green Falcons holding a training session at Q2 Stadium in Austin under the supervision of coach Georgios Donis. The match against Spain will take place on Sunday as Sa»»»
Oil little changed as investors weigh US-Iran peace deal, Hormuz uncertainty
SINGAPORE: Oil prices fell slightly on Wednesday as investors gauged the impact of a US-Iran peace deal, while uncertainty over full resumption of shipping through the Strait of Hormuz limited price declines. Both benchmarks were down about 0.2 percent by 09:30 a.m. Saudi time, with Brent crude f»»»
Qatar, UAE discuss cooperation
Minister of State for Interior Affairs H E Sheikh Abdulaziz bin Faisal bin Mohammed Al-Thani met yesterday with Undersecretary of the Ministry of Interior of the United Arab Emirates H E Major General Khalifa bin Hareb Al Khaili and his accompanying delegation. During the meeting, they discussed as»»»
Germany & Poland to Ink Toothless Military Deal Dressed Up in 'Russia Threat' Hype
The signing of the deal—timed for the 35th anniversary of the two countries’ friendship treaty—is cloaked in rhetoric about “unity.” In reality, this is a half-measure, stemming from yet another bid to brand Russia as the boogeyman and thereby justify Europe’s frenzied military surge.What the deal »»»
France awards ‘National Order of the Legion of Honour’ to MCIT Assistant Undersecretary
Doha, Qatar: The French Republic yesterday awarded the National Order of the Legion of Honour (France’s highest national decoration) to H E Reem Mohammed Al Mansoori, Assistant Undersecretary for Digital Industry Affairs at the Ministry of Communications and Information Technology (MCIT), in recogn»»»
Companies must anticipate and manage their risks in an economy with liquidity pressures
Companies must move from a reactive approach to one based on anticipation and integrated risk management, in an economic context market by volatility and increasing pressure on liquidity, according to an analysis conducted by Aon Romania, a risk management company. The company's specialists showed »»»
Qatar mission in Geneva hosts event on empowering women and girls through sport
Geneva: The Permanent Mission of the State of Qatar to the United Nations Office at Geneva, in cooperation with Qatar Foundation and Qatar Sports Investments, organised a high-level event on ‘Empowering Women and Girls In and Through Sport - From Words to Deeds’, on the sidelines of the 62nd Sessio»»»
Supreme Judiciary Council, NHRC sign MoU to deepen cooperation in justice and human rights
Doha, Qatar: The Supreme Judiciary Council (SJC) and the National Human Rights Committee (NHRC) signed a memorandum of understanding (MoU) on Tuesday to collaborate in the areas of justice and human rights. The move is part of efforts to reinforce national cooperation and joint action aimed at cons»»»