US economic consternation, structural global financial shifts behind skyrocketing gold prices: experts
Doha: Gold and silver prices recorded unprecedented historic skyrocketing in Monday's trading, with the yellow metal breaking the USD 4,400‑per‑ounce barrier, driven by US economic data showing weakness in the labor market and a decline in inflation rates, further bolstering market bets on a Federa»»»
Israel demolishes east Jerusalem building, evicting Palestinians
Jerusalem: Israeli bulldozers tore through a four-storey building in east Jerusalem on Monday, leaving scores of Palestinian residents unsure where to go after their doors were broken down in the middle of the night by authorities enforcing hasty evictions. The building was the latest in a series o»»»
Élysée Palace staff member to stand trial over theft of precious tableware
A senior staff member at France's presidential palace will stand trial over the alleged theft of precious tableware, including Baccarat Champagne glasses and Sèvres porcelain plates. Around 100 objects that were reported missing from the presidential collection were allegedly later found in the loc»»»
bTV Ends Contract with Journalist Maria Tsantsarova over "Political Bias, Editorial Pressure Claims", TV Channel Faces Media Freedom Criticism
bTV reported on Monday that it has decided to part ways with journalist Maria Tsantsarova, a host of the TV channel’s morning show. Tensions between the two sides escalated after, on the day of the large-scale anti-government protest on December 10, Tsantsarova placed in front of her on air a cup b»»»
President Radev Discusses with Bankers Sector’s Readiness for Euro Adoption in 2026
President Rumen Radev and the leadership of the Association of Banks in Bulgaria discussed here on Monday the banking sector's readiness for the introduction of the euro as of January 1, 2026, the President’s press secretariat said. Vice President Iliana Iotova also took part in the meeting. The he»»»
Bulgarian Journalists Revolt at bTV After Morning Show Host Maria Tsantsarova Ousted
Veteran bTV journalist Stoyan Georgiev announced he is leaving the television station in solidarity with Maria Tsantsarova, who was removed as host of the morning show “This Morning.” Georgiev made the announcement on Monday in a post on Facebook, saying he had formally submitted his resignation. “»»»
EU to investigate Czech support for two new nuclear units
BRUSSELS, Dec 22 (KUNA) -- The European Commission announced on Monday that it has opened an in-depth investigation to assess whether the public support that the Czech Republic plans to grant for the construction and operation of two new nuclear units at the Dukovany site complies with European Uni»»»
Nikah done, dreams cut short: Kerala delivery rider who died in UAE rains hours before visa stamping repatriated
Ras Al Khaimah: The body of 27-year-old Salman Fariz, an Indian expat delivery rider in the UAE who died in a tragic construction wall collapse during torrential rains in Ras Al Khaimah on Thursday, was repatriated to his hometown on Monday morning. The young man from the south Indian state of Kera»»»
Thailand announces Cambodia's approval to hold new truce talks on border escalation
Kuala Lumpur: Thailand announced Monday that Cambodia has agreed to hold talks on Wednesday in a bid to reach a new ceasefire to contain the ongoing border escalation, despite both sides having signed a ceasefire deal in October. The announcement came on the margins of the ASEAN foreign ministers' »»»
Depositors protest ahead of Baabda cabinet session
Depositors gathered Monday on the presidential palace road, ahead of a ministerial session in Baabda that will discuss a long-awaited banking draft bill, which distributes losses from the 2019 economic crisis. The law stipulates that each of the state, the central bank, commercial banks and deposit»»»
Pepe Escobar: Europe’s Elites Pay For The Privilege of Losing Conflict
PALERMO, Sicily - When in doubt, Europeans should always re-read Tacitus. As a true Roman, he considered that sacrifice was only worthy if conducted at the service of the motherland. In his time, the Roman Empire. In our time, that would be civilization-state Italy. Tacitus was a keen student of Re»»»
Dubai gold prices break records twice in one day on strong global demand
Dubai. Gold prices in Dubai rocketed to a fresh all-time high for the second time Monday, reaching Dh531.50 per gram for 24-karat by 4:15 pm after touching Dh526.50 at 7:45 am. The 22-karat variety climbed to Dh492.25 from Dh487.50, mirroring a global surge that puts both metals on track for their »»»
Israel demolishes east Jerusalem building, evicting Palestinians
Israeli bulldozers tore through a four-storey building in east Jerusalem on Monday, leaving scores of Palestinian residents unsure where to go after their doors were broken down in the middle of the night by authorities enforcing hasty evictions. The building was the latest in a series of residenti»»»
Depositors protest ahead of financial gap cabinet session in Baabda
Depositors gathered Monday on the presidential palace road, ahead of a ministerial session in Baabda that will discuss a long-awaited banking draft bill, which distributes losses from the 2019 economic crisis. The law stipulates that each of the state, the central bank, commercial banks and deposit»»»
bTV Ends Contract with Journalist Maria Tsansarova over "Political Bias, Editorial Pressure Claims", TV Channel Faces Media Freedom Criticism
bTV reported on Monday that it has decided to part ways with journalist Maria Tsansarova, a host of the TV channel’s morning show. Tensions between the two sides escalated after, on the day of the large-scale anti-government protest on December 10, Tsansarova placed in front of her on air a cup bea»»»
Japan's flagship H3 rocket fails to launch satellite
Tokyo: Japan's flagship H3 rocket failed to launch a geolocation satellite into orbit on Monday due to engine failure, the country's space agency said. The second-stage engine "terminated prematurely" after the rocket blasted off at 10:51 am (0151 GMT) from the Tanegashima space centre in southern »»»
Banks Association strongly objects to long-awaited banking law draft
The Association of Banks in Lebanon has issued a statement expressing its "fundamental reservations and strong objection to the draft law presented to Cabinet concerning financial regulation and the handling of deposits, due to its provisions and procedures." ABL said the draft law’s provisions “co»»»
UK imposes sanctions against Kyrgyz company KIFIKO LLC - | 24.KG
The UK has imposed sanctions against a Kyrgyz company, KIFIKO LLC, published documents say. According to the UK Foreign Office, financial restrictions have been imposed on this LLC, including a ban on providing trust services. The sanctions came into effect on December 18. The company is also subje»»»
Why the railways often seem to be in such chaos over Christmas
At a rail yard near Milton Keynes, a group of men in orange outfits are making final checks on huge slabs of railway track, preparing them so that they are ready to be installed over Christmas and New Year. At a time when many commuters stop work to enjoy celebrations with friends and family, rail »»»
Inside the UAE’s airport expansion: More runways, bigger terminals — from DWC to Sharjah 2026, RAK 2028
Dubai: The UAE is entering a decisive phase of airport expansion, with more runways, larger terminals and smart infrastructure coming online from Dubai World Central to Sharjah and Ras Al Khaimah by the second half of the decade. Sign up for our daily business newsletter, Cheques & Balances.Industr»»»
Lebanon Unveils Financial Gap Law, Pledges Recovery of 85% of Deposits Within Four Years
Lebanon’s government has submitted a long-awaited financial gap law, committing to the recovery of the majority of bank deposits as part of a broader effort to resolve the country’s deep-seated financial crisis. In a televised address last week, Prime Minister Nawaf Salam said the draft law provide»»»
Japan's flagship H3 rocket fails to launch satellite
Japan's flagship H3 rocket failed to launch a geolocation satellite into orbit on Monday due to engine failure, the country's space agency said. The second-stage engine "terminated prematurely" after the rocket blasted off at 10:51 am (0151 GMT) from the Tanegashima space centre in southern Japan, »»»
Israel Demolishes Residential Building in East Jerusalem
Israeli bulldozers tore through a four-storey residential building in east Jerusalem on Monday, displacing scores of Palestinians in what activists said was the largest such demolition in the area this year. The building, located in the Silwan neighborhood near the Old City, comprised a dozen apart»»»
Carmistin The Food Company secures approx. EUR 500 million financing to accelerate investments in agriculture and food production
Carmistin The Food Company has secured financing of approximately EUR 500 million to continue its investment programme in agriculture and the food industry, through a partnership with leading financial institutions. The company, a national leader in poultry meat production and animal feed, is stren»»»
Israel Says it Is Facing an ‘Existential Threat’ as Iran Builds up its Military Capacities
Iran is making “hysteric” efforts to produce up to 3,000 ballistic missiles per month, Israel's Maariv newspaper reported on Sunday. “Although such missiles are considered old-fashioned, imprecise, and can be shot down before they reach their targets, the time they reach their targets is enough to »»»
Gold at $5,000+? Sustained momentum seen in 2026
Gold prices surged dramatically in 2025, posting gains of over 40% year-to-date by September and reaching around 70% this month. Driven by central bank purchases of the yellow metal, alongside expectations of more Fed rate cuts, spot gold prices hit $4,445.4 per ounce as of December 22, 2025 (3:22:»»»
Iran Does Not Rule Out New Israeli Attacks against it
Iran's Foreign Minister Abbas Araghchi on Sunday said Tehran “does not rule out” the possibility of a new Israeli or US attack on its nuclear facilities, but remains “fully prepared, even more than before.” “This doesn't mean that we welcome another war, but it is exactly to prevent a war. And the »»»
President Dan: I have received hundreds of pages of relevant materials from magistrates about problems in Justice
President Nicusor Dan said he received hundreds of pages of "relevant" materials from magistrates about problems in Justice and the consultations scheduled on Monday at the Cotroceni Palace will take place in several discussion rounds - both with groups of magistrates who wish to participate togeth»»»
Ebury appoints Cosmin Bucur as its new Country Manager in Romania
Ebury, the global fintech specializing in international payments and FX risk management, has announced the appointment of Cosmin Bucur as its new Country Manager for Romania. According to the company, Cosmin is a highly experienced executive with almost 30 years of experience in the financial servi»»»
The 12th Andrei Stenin International Press Photo Contest Opens in Moscow
MOSCOW, December 22 – RIA Novosti. The 12th Andrei Stenin International Press Photo Contest has officially opened in Moscow, with submissions now underway. The annual contest, held in memory of Andrei Stenin, a photojournalist with the Rossiya Segodnya Media Group who was killed near Donetsk in the»»»
The Wolf Theiss of Bucharest: Two decades of shaping Romania’s legal market
For nearly three decades, American lawyer Bryan W. Jardine has witnessed, and contributed to, Romania’s transformation. As Wolf Theiss marks 20 years locally, he reflects on legal reform, major deals, and the country’s evolution. By Mihai Cristea You first arrived in Romania in 1996. How would you »»»
BR Cover Story | IULIUS: Shaping Romania’s urban future
Celebrating 25 years on the Romanian market, IULIUS has emerged as a driving force in urban transformation and lifestyle innovation. With EUR 1.2 billion invested across four major cities, the company has set new benchmarks for mixed-use urban regeneration and redefined retail, expanding from a sin»»»
S Korea’s critical minerals push faces workforce gap deepen - UPI.com
The Korea Mine Rehabilitation and Mining Industry Corporation and universities shared information showing the industry struggles to secure human resources domestically and internationally. Graphic by Asia Today and translated by UPI. Dec. 21 (Asia Today) -- South Korea's drive to strengthen critica»»»
First flight of Kyrgyz pilgrims for Hajj to take place on May 11, 2026 - | 24.KG
The first flights carrying pilgrims from Kyrgyzstan to Saudi Arabia for the 2026 Hajj are scheduled to begin on May 11. The Chairman of the Hajj Organizing Committee and Deputy Mufti of Kyrgyzstan, Zholdoshbek azhy Abdyldaev, announced. According to him, Saudi Arabia, as it did this year, has alloc»»»
Residential market activity remains robust amid strong transaction growth
Doha, Qatar: The residential market activity is expected to remain robust, following a 28% year-on-year rise in transaction value and a 35% increase in quarterly trading volumes in the third quarter (Q3) of this year which underscores sustained buyer confidence. The residential land values are expe»»»
BOK unveils temporary steps to stabilize FX market as won weakens - UPI.com
A South Korean dealer works in front of monitors at the KEB Hana Bank in Seoul, South Korea, 09 March 2018. File Photo by JEON HEON-KYUN/ EPA Dec. 19 (Asia Today) -- The Bank of Korea said Thursday it will temporarily ease regulations and offer incentives to financial institutions in a bid to stabi»»»
Dubai gold surges to record levels in December rally
Dubai: Gold prices in Dubai surged to a new all-time high on Monday morning, tracking the global rally that has pushed the precious metal to its strongest levels in more than four decades. At 7:45 am in Dubai, the 24-karat variety stood at Dh526.50 a gram, while 22-karat gold was priced at Dh487.50»»»
Why Indian property developers are expanding into the UAE
Dubai: Indian property developers are expanding their presence in the UAE at a faster pace, drawn by regulatory clarity, strong demand from global buyers and a market structure that rewards execution over scale. Sign up for our daily business newsletter, Cheques & Balances.Executives from Indian re»»»
Registration opens for 17th Qatar Int’l Falconry and Hunting Festival championships
Tribune News Network Doha Registration for the 17th Qatar International Falconry and Hunting Festival (Marmi 2026) championships began on Sunday and will continue for three days at the Qatar Falconry Association headquarters in the Katara Cultural Village Foundation (Building No. 33). The Supreme O»»»
Video: YouTube star MrBeast confirmed for Match for Hope 2026
Doha, Qatar: YouTube icon MrBeast and his on-screen crew member Tareq Salameh will join Team AboFlah for the Match for Hope 2026 tournament, scheduled to take place in January 2026. In a video shared on the organisers' social media platforms, MrBeast, in his usual playful banter, announced that he »»»
Registration begins for Marmi 2026
DOHA: Registration for the 17th edition of the Qatar International Falconry and Hunting Festival (Marmi 2026) began today and will continue for three days at the Qatar Falconry Association headquarters in the Katara Cultural Village. The Marmi Festival organizing committee has designated the Burqa »»»
Lebanon PM Publishes long-awaited banking law bill – Ya Libnan
Share: Photo: A damaged ATM machine is pictured in Beirut, Lebanon March 17, 2021. The financial collapse of Lebanon resulted in depositors largely being shut out of their savings and the local currency losing about 99% of its value . Poverty in Lebanon has more than tripled over the past 10 years,»»»
France to build new aircraft carrier
Paris: French President Emmanuel Macron announced on Sunday the launch of development and construction work on the French Navy's future aircraft carrier, a move he described as a decisive step to reinforce the country's maritime power. "In accordance with the last two military programming laws and »»»
Metal Shields Installed at Prime Minister’s Office Ahead of Opposition Protest
One day before the announced opposition protest, workers began installing metal shields on the façade of the Prime Minister’s Office facing the main boulevard “Dëshmorët e Kombit” in Tirana. The protest is scheduled to take place on Monday, December 22, at 18:00. The protective barriers were placed»»»
Customs Authority thwarts attempt to smuggle over €123,000 through Mitiga Airport
Libya’s Customs Authority reported yesterday that last Friday (19 December) members of the Investigation Unit of the Tripoli Anti-Smuggling and Narcotics Department, assigned to Mitiga International Airport, thwarted an attempt to smuggle a large sum of foreign currency. The suspect, identified as »»»
Vazrazhdane Demands Resignations of Kozloduy NPP Leadership after Early Shutdown of Unit 6
Vazrazhdane wants resignations at Kozloduy NPP after the second emergency shutdown of Unit 6, said Vazrazhdane MP Yordan Todorov quoted by the party's press service on Sunday. Unit 6 of Kozloduy NPP is getting shut down on Sunday morning, one day earlier than the previously announced date, the powe»»»
Thermal tourism in El Hamma off to promising start this season
Gabes, Dec 21 (TAP) — The 2025–26 thermal cure season in El Hamma, launched in late November and scheduled to run until the end of April 2026, has begun with strong momentum, characterised by a notable influx of patients seeking treatment at the...»»»
US views EU as an ‘impotent force’ after failed Russian asset grab – Economist
The EU’s failure to grab frozen Russian assets to finance Ukraine will reinforce Washington’s view of the bloc as an irrelevant and “impotent force,” British outlet The Economist reported on Friday. EU leaders had long debated providing cash-strapped Kiev a so-called ‘reparations loan’ backed by Ru»»»
World Bank's December 2025 Libya Economic Monitor report highlights improvement in Libya's fiscal management
The World Bank’s December 2025 Libya Economic Monitor report highlighted an improvement in Libya’s fiscal management, noting that the government has begun to implement more transparent and responsible fiscal policies, which have been reflected in measurable economic indicators. In this context»»»
UAE and UNHCR sign agreement to help Sudanese people
Abu Dhabi: The UAE Aid Agency has signed a cooperation agreement with the United Nations High Commissioner for Refugees (UNHCR) to support the delivery of urgent humanitarian and relief aid to the Sudanese people impacted by the repercussions of the ongoing conflict in the country. According to the»»»