Can foreign energy investment help power Syria’s recovery after years of war?
INNUMBERS: *240 bcm Syria’s estimated natural gas reserves in 2015. *8.7 bcm Annual gas output at the start of the civil war in 2011. *3 bcm Annual production by late 2024. Source: BP ANAN TELLO LONDON: Syria’s battered energy sector faces a daunting challenge after nearly 14 years of war, sanction»»»
Philippines reaches upper-middle income country rank
MANILA: The Philippines has been reclassified by the World Bank as an upper-middle income country — a target it has been trying to achieve since the 1980s — after posting a record gross national income per capita of $4,850. The upper-middle income, or UMIC, rank is the World Bank’s category for eco»»»
Poland to seek extradition of ex-justice minister from US
WARSAW: A Warsaw court has upheld criminal charges against Poland’s former justice minister, opening up the potential for his extradition from the United States, prosecutors confirmed to AFP Thursday. Zbigniew Ziobro — who served as justice minister and public prosecutor general between 2015 and 20»»»
EU pledges €200mn South Caucasus package
European Commission President Ursula von der Leyen pledged up to €200mn ($228mn) in grants for connectivity projects in the South Caucasus during a visit to Baku on July 1, as Azerbaijan and Armenia move towards a peace agreement that both leaders described as having already changed conditions on t»»»
Media Review: July 2
Thursday's media coverage was dominated by disputes over the draft State Budget for 2026, fiscal policy, and public spending, with politicians, economists, and government representatives clashing over deficits, expenditure priorities, and the sustainability of public finances. STATE BUDGET In an in»»»
Bulgaria Records Second-Highest Inflation in Eurozone as Prices Ease Across EUOpinions
Eurozone inflation eased further in June, falling to 2.8% from 3.2% in May, according to preliminary Eurostat data. The reading came in below market expectations of 3.0% and marked the lowest level since March. In Bulgaria, annual harmonized inflation also declined, dropping to 5.3% from 6.3% in th»»»
CIA to release more MKUltra mind-control files – GOP Rep.
The CIA is declassifying a new trove of documents relating to its ‘MKUltra’ program, Representative Anna Paulina Luna said on Tuesday. Nazi scientists were involved in the agency’s mind-control experiments. Last month, Luna ordered CIA Director John Ratcliffe to preserve 40 boxes of “JFK files and »»»
CEO of Russia’s Sberbank Gref call for ending “military action”
Russians are concerned above all with a swift end to "military action," German Gref, chief executive of Russia's largest state-controlled lender Sberbank, said, state media RBC reported on July 1. The remarks are notable given how rarely senior Russian executives comment publicly on the war in»»»
US declines to renew USMCA trade pact with Mexico, Canada
BusinessNorth AmericaUS declines to renew USMCA trade pact with Mexico, CanadaWesley Rahn with AFP, AP, dpa, ReutersLengthy negotiations are expected as the Trump administration seeks changes to a trade deal with Mexico and Canada that has streamlined supply chains across North America. https://p.d»»»
Venezuela death toll rises to 2,295, seven days of national mourning declared
The death toll from Venezuela's twin earthquakes rose to 2,295 an official said on Wednesday as interim president Delcy Rodriguez declared seven days of mourning for the victims. Hope of finding more survivors faded Wednesday as Venezuela marked a week since twin earthquakes killed almost 2,30»»»
French government to face no-confidence vote over handling of deadly heatwave
France's Green Party has said it will launch a no-confidence motion against Sébastien Lecornu's government over its handling of a late-June heatwave that caused at least 1,000 excess deaths according to the public health agency. French Green party lawmakers have announced plans to file a no-confi»»»
North Korea's unlikely economic revival reshapes life in Pyongyang as Russia and China deepen support
Pariah no longer, since the war in Ukraine started, Russian and Chinese money has poured into Pyongyang, fuelling a rapid economic development and unexpected real estate boom in a country better known for repression and poverty. Decades of sanctions, international isolation and chronic shortages le»»»
US, Canada, Mexico begin bumpy negotiations to renew North American trade pact
Tourists from Chattanooga check into beach resorts in Cancun. Canadian auto parts feed factories in the American Midwest – and vice versa. Happy Hour revelers raise glasses of Mexican tequila and mezcal at bars in Seattle. It adds up. The United States trades $1.9 trillion a year -- $5 billion a da»»»
France introduces extra parental leave to boost birth rates
PARIS: France on Wednesday launched new paid leave for both mothers and fathers, as President Emmanuel Macron seeks to boost the country’s sluggish birth rate. In 2024, Macron unveiled a plan to combat infertility and the declining birth rate, saying it would help pave the way toward what he descri»»»
Ukraine “gold convoy” scandal: Orbán faces prison?
János Hajdu, once the personal bodyguard of former prime minister Viktor Orbán and later head of Hungary’s Counter Terrorism Centre (TEK), is said by witnesses to have remained in constant contact with Orbán during the operation against a Ukrainian “gold convoy”. Hajdu stands accused of unlawfully »»»
Qatar Pledges Continued Mediation as US Envoys, Including Kushner, Arrive in Doha for Iran Talks
Qatar’s Prime Minister has reaffirmed Doha’s commitment to mediating talks between Washington and Tehran, as senior US envoys including President Trump’s son-in-law Jared Kushner arrived in the Qatari capital for high-stakes diplomatic discussions. Sheikh Mohammed bin Abdulrahman Al Thani, Qatar’s »»»
Expert: Poland’s entry into eurozone could lower mortgage costs
Joining the eurozone could improve housing affordability in Poland mainly by lowering mortgage costs, according to Damian Tomasik, CEO of Alter Investment. He argues that the key issue is not only apartment prices, but monthly loan payments. Polish mortgage rates are currently around 5-6%, compared»»»
Spain must turn control into goals against Austria in last 32
WASHINGTON: Spain march into their World Cup last-32 clash against Austria on the back of an unbeaten run of 34 matches, a defense yet to be breached and an old question still nagging away — what happens when all that possession runs into a locked door? Luis de la Fuente’s European champions face »»»
Estonia images show machine guns on Russian LNG carrier in Baltic
VILNIUS: Estonia has released images showing machine guns and sandbags mounted on a Russian-flagged liquefied natural gas carrier in the Baltic Sea this spring, signalling a more confrontational stance by Moscow in protecting its civilian fleet. The surveillance images show fortified machine gun po»»»
US Supreme Court strikes down Trump's birthright citizenship order
Washington: In a major blow to President Donald Trump, the US Supreme Court on Tuesday struck down his executive order seeking to limit birthright citizenship, ruling that the Constitution guarantees American citizenship to children born in the United States regardless of their parents' immigration»»»
Israel-Lebanon deal may entrench stalemate rather than end war, analysts say
BEIRUT: A security deal between Israel and Lebanon risks entrenching a stalemate rather than resolving Israel’s underlying conflict with Hezbollah by tying Israel’s pullout from southern Lebanon to the Iran-aligned group’s disarmament, a condition regional analysts and politicians say is unattainab»»»
Altitude unlikely to affect Ecuador when they face Mexico at the Azteca
MEXICO CITY: Altitude may have helped Mexico achieve a perfect record in the group stage of this World Cup, but they aren’t likely to provide the same edge against Ecuador in the Round of 32. Mexico swept through the group stage matches at the tournament for the first time in their history, but the»»»
Bulgaria Sets July Gas Price at €37.70/MWh After 5.84% Monthly IncreaseOpinions
The Energy and Water Regulatory Commission has set Bulgaria’s natural gas price for July at €37.70 per megawatt-hour (MWh), excluding access, transmission, excise duties, and VAT. The approved rate represents a 5.84% increase compared with June levels. Under the decision, Bulgargaz EAD will supply »»»
Lebanon- Israel deal may entrench stalemate rather than end war, analysts say – Ya Libnan
Share: Beirut-A security deal between Israel and Lebanon risks entrenching a stalemate rather than resolving Israel’s underlying conflict with Hezbollah by tying Israel’s pullout from southern Lebanon to the Iran-aligned group’s disarmament, a condition regional analysts and politicians say is unat»»»
Bulgarian National Bank Set for Multimillion-Euro Payout from Bank for International SettlementsOpinions
The Bulgarian National Bank (BNB) is set to receive approximately 3.7 million euros in dividend income from its participation in the Bank for International Settlements (BIS), following the institution’s 96th Annual General Meeting held in Basel, Switzerland. The decision was made after BIS sharehol»»»
Egypt’s State Hotel Group Targets EGP50bn Expansion to Add 3,500 Rooms
Egypt’s state-owned Holding Company for Tourism and Hotels is preparing to add about 3,500 hotel rooms over the next five years through investments estimated at EGP50 billion, according to an exclusive report by Al Arabiya Business citing people familiar with the matter. If implemented, the program»»»
Why Germany's Deutsche Bahn will face delays for many years
BusinessGermanyWhy Germany's Deutsche Bahn will face delays for many yearsSabine KinkartzDelayed, unreliable and forced into long detours due to construction: Germany no longer sets the pace when it comes to rail travel — and this is unlikely to change anytime soon. The company is mired in a deep c»»»
Critics say Kazakhstan’s law giving people right to raid pension piggy bank inflated housing bubble
Kazakhstan has decided to sharply tighten access to early pension withdrawals amid worries over the country’s housing market, inflation outlook and long-term retirement security. Revised rules, in effect since June 5, mean contributors to the Unified Accumulative Pension Fund (UAPF) can only withdr»»»
US, Iran prepare for Doha talks amid regional security challenges
The United States and Iran are preparing for a new round of high-level talks in Doha aimed at advancing implementation of their recent memorandum of understanding, even as maritime security in the Strait of Hormuz and Israel’s military presence in southern Lebanon continue to test the fragile diplo»»»
Healthcare in a heatwave: French hospitals and aged care homes bear the brunt of rising temperatures
Overburdened hospitals, overwhelmed mortuaries and millions suffering in temperatures touching 40°C – prolonged and intense heatwaves are the new normal, and a healthcare burden that France must immediately tackle. Europe has been baking for weeks. An intense and prolonged early summer heatwav»»»
US Supreme Court expands Trump's power to fire officials, but protects Fed
The US Supreme Court on Monday boosted presidential power, upholding President Donald Trump’s firings of the heads of independent federal agencies with one important exception: the Federal Reserve. The US Supreme Court on Monday expanded President Donald Trump's powers to fire members of independen»»»
July 1: Bulgarian Banks Adjust Lev-to-Euro Rules as Pension and Inflation Concerns GrowOpinions
The transition process from the Bulgarian lev to the euro is progressing in line with expectations, with authorities stressing that there is no cause for public concern over remaining cash in circulation. Economic journalist and “ReVizia” host Yordan Barzakov said in an interview on NOVA that the w»»»
Sub-Saharan Africa's green transition could create up to 84.5mn jobs by 2050, report says
Sub-Saharan Africa's transition to a low-carbon economy could generate between 3.8mn and 7.9mn direct and indirect jobs by 2030, rising to between 65.9mn and 84.5mn by 2050 if governments implement supportive policies and invest in workforce development, according to a report published on June 15 b»»»
Review: ‘Supergirl’ shines brightest when Milly Alcock is on screen
DUBAI: James Gunn’s “Superman” (2025) introduced audiences to a hopeful, emotionally grounded Man of Steel while sprinkling in just enough humor and spectacle to keep things fresh — the perfect start to the newly rebooted DC Universe. “Supergirl,” directed by Craig Gillespie and out this weekend in»»»
When the histroic heatwave will finally break in Hungary
A nationwide third-level heat alert came into force on Saturday, as Hungary remains gripped by an extraordinary heatwave. The chief medical officer warned that the prolonged extreme temperatures pose serious health risks, particularly to the elderly, young children, pregnant women, those with chron»»»
Israel and Lebanon ink a framework agreement as a first step towards peace – Ya Libnan
Share: Nada Hamadeh Moawad, the Lebanese ambassador to the United States Secretary of State Marco Rubio joined Israel and Lebanon’s ambassadors to the U.S. Friday to announce a framework agreement that was described as a first step toward peace following months of conflict between Israel and the Le»»»
Could this week’s global earthquakes be connected? What scientists say
A string of powerful earthquakes struck different parts of the world on Wednesday, prompting speculation over whether the events could be connected. While seismologists say they were not, the unusual cluster has raised questions about how earthquakes are linked, why some occur in pairs, and what te»»»
Why Germany's Deutsche Bahn will face delays for many years
BusinessGermanyWhy Germany's Deutsche Bahn will face delays for many yearsSabine KinkartzDelayed, unreliable and forced into long detours due to construction: Germany can no longer shine when it comes to rail travel — and this is unlikely to change anytime soon. The company is mired in a deep crisi»»»
World Cup fans get taste of American life -- at the mall
East Rutherford, United States: Waving flags and dancing to booming Latin music, the Ecuador football fans were living the World Cup fever. "Let's get this party started!" an announcer declared. But instead of in the streets or a stadium, the crowd was rocking in one of America's biggest malls -- t»»»
Why Syrian action against Hezbollah is unlikely
When Hezbollah began attacking Israel on 2 March shortly after Israeli and American bombers killed Iran’s Supreme Leader Ali Khamenei, Israel hit back. Their sparring, which has continued ever since, is nothing new—the pair are sworn enemies who have fought several wars in recent decades. What was »»»
Middle East war: Lebanon, Israel and US sign framework agreement in Washington
US Secretary of State Marco Rubio announced Friday a framework agreement between Israel and Lebanon following talks held in Washington. Nada Hamadeh, ambassador of Lebanon to the United States described the framework as "a first step on the road of restoring Lebanese sovereignty and terri»»»
Doves and hawks vie for Putin's attention to end the Ukraine war, but the “wait-and-see” camp remains in charge
Tensions in the Kremlin are rising as the economy tanks and trust in the president is starting to wane. There is a growing consensus it’s high time to end the war in Ukraine. Two factions have appeared and are vying for Russian President Vladimir Putin’s attention: the doves that want to freeze the»»»
Anton Khlopkov: The hardest part of a US-Iran nuclear deal still lies ahead
The United States and Iran have entered a new phase of negotiations over Tehran’s nuclear program, but the most difficult questions have only been postponed. High-level delegations from the two countries have been meeting in Switzerland, with Pakistan and Qatar acting as mediators, after the signin»»»
Russia's Gulf war oil windfall fades as military spending surges
Russia's brief fiscal reprieve from the Gulf war is already coming to an end. A surge in oil prices in the last months looked like it would bail the Kremlin out which is increasingly struggling to pay for the war in Ukraine. But those hopes look short lived as oil prices are already dropping just a»»»
US Supreme Court sides with Bayer, blocking thousands of Roundup cancer lawsuits
The US Supreme Court on Thursday sided with Bayer in a ruling expected to block thousands of lawsuits claiming its Roundup weedkiller caused cancer by failing to carry adequate warning labels. The decision hands a victory to President Donald Trump's administration but drew backlash from allies in t»»»
Budget deficit after 5 months is half compared to the previous year, from 3.35% to 1.75% of GDP
“The budget execution figures for the first five months confirm the consistency with which we have managed public finances. The deficit has been reduced by nearly half compared to the same period in 2025, from 3.35% to 1.75% of GDP. This is a positive sign, especially since the adjustment was not a»»»
Why Slavic unity keeps failing: The dream that still haunts Europe
Are Slavs just meme people?According to a popular theory, there is a direct link between the ethnonym ‘Slav’ and the Greek word σκλάβος (sklabos), meaning ‘slave’. This has nothing to do with the Slavic character or will for independence but is rather a grim historical reminder: in Late Antiquity a»»»
Why Trump's Syria-Hezbollah gambit could backfire
US President Donald Trump has now said out loud what had previously sounded like a trial balloon: he thinks Syria should take on Hezbollah in Lebanon. Speaking in June, Trump said that if Israel could not defeat Hezbollah “without killing everyone else,” then "I suggested to Israel to let Syria tak»»»
Gas, nukes, and historical bad blood: Can Eastern Europe pull itself together?
For the first time in two years, Hungary has convened a summit of the Visegrad Group – a format designed to allow four Central European nations to coordinate, debate current agendas, and work on their own dimension of European integration matters. In recent years, the forum has not spoken with a si»»»
Stellar performances by lower ranked teams at Women’s T20 World Cup
LONDON: The words of the West Indies coach, Shane Deitz, resounded during the matches that followed his team’s victory over New Zealand in the 11th match of the 2026 T20 Women’s World Cup. Deitz felt that the gap is gradually closing between the top teams and the rest. This opinion was supported in»»»