UAE: Three Indian expat siblings’ deaths shock Dubai school on first day back from winter break
Dubai: What should have been a joyful return from the winter holidays turned into a day of heartbreak and grief at Arab Unity School in Dubai on Monday, as students and staff learned that three brothers of five siblings attending the school had been killed in a road traffic accident in Abu Dhabi. T»»»
Türkiye Inflation Falls to 30.9% in December from 44% a Year Earlier
Türkiye's annual inflation slowed in December to 30.9 percent, a fourth straight month of declines and well below the 44.4 percent posted a year earlier, official figures showed Monday. The 12-month annual average for 2025 as a whole stood at 34.9 percent, down from 58.5 percent in 2024, Türkiye's »»»
Demand for wildfire catastrophe bonds surges in 2025
The market for wildfire catastrophe bonds surged in 2025, with more than $5bn in new issuance — more than double the previous year’s total — as investors start to grapple with the accelerating Climate Crisis that is already causing tens billions of dollars of damage each year. »»»
Demand for wildfire catastrophe bonds surges in 2025
The market for wildfire catastrophe bonds surged in 2025, with more than $5bn in new issuance — more than double the previous year’s total — as investors start to grapple with the accelerating Climate Crisis that is already causing tens billions of dollars of damage each year. »»»
Cuba declares national mourning after 32 nationals killed in US operation against Venezuela
Cuba declared two days of national mourning after 32 Cuban nationals were killed during a United States military operation in Venezuela that resulted in the capture of President Nicolás Maduro, Cubadebate reported on January 5. »»»
US action in Venezuela sends mixed signals to Western Balkans
The US military operation that toppled Venezuela’s president Nicolás Maduro has been warmly welcomed by Washington’s closest allies in the Western Balkans, but it has also revived uneasy questions across the region about international law, borders and whether great powers are once again setting dan»»»
Cuba declares national mourning after 32 nationals killed in US operation against Venezuela
Cuba declared two days of national mourning after 32 Cuban nationals were killed during a United States military operation in Venezuela that resulted in the capture of President Nicolás Maduro, Cubadebate reported on January 5. »»»
Demand for wildfire catastrophe bonds surges in 2025
The market for wildfire catastrophe bonds surged in 2025, with more than $5bn in new issuance — more than double the previous year’s total — as investors start to grapple with the accelerating Climate Crisis that is already causing tens billions of dollars of damage each year. »»»
Demand for wildfire catastrophe bonds surges in 2025
The market for wildfire catastrophe bonds surged in 2025, with more than $5bn in new issuance — more than double the previous year’s total — as investors start to grapple with the accelerating Climate Crisis that is already causing tens billions of dollars of damage each year. »»»
US action in Venezuela sends mixed signals to Western Balkans
The US military operation that toppled Venezuela’s president Nicolás Maduro has been warmly welcomed by Washington’s closest allies in the Western Balkans, but it has also revived uneasy questions across the region about international law, borders and whether great powers are once again setting dan»»»
US action in Venezuela sends mixed signals to Western Balkans
The US military operation that toppled Venezuela’s president Nicolás Maduro has been warmly welcomed by Washington’s closest allies in the Western Balkans, but it has also revived uneasy questions across the region about international law, borders and whether great powers are once again setting dan»»»
US action in Venezuela sends mixed signals to Western Balkans
The US military operation that toppled Venezuela’s president Nicolás Maduro has been warmly welcomed by Washington’s closest allies in the Western Balkans, but it has also revived uneasy questions across the region about international law, borders and whether great powers are once again setting dan»»»
US action in Venezuela sends mixed signals to Western Balkans
The US military operation that toppled Venezuela’s president Nicolás Maduro has been warmly welcomed by Washington’s closest allies in the Western Balkans, but it has also revived uneasy questions across the region about international law, borders and whether great powers are once again setting dan»»»
US action in Venezuela sends mixed signals to Western Balkans
The US military operation that toppled Venezuela’s president Nicolás Maduro has been warmly welcomed by Washington’s closest allies in the Western Balkans, but it has also revived uneasy questions across the region about international law, borders and whether great powers are once again setting dan»»»
Egyptian Senate discusses amendments to real estate tax law
The Egyptian Senate discussed during its plenary session on Sunday a report on a government-proposed bill to amend certain provisions of Law #196 of 2008 concerning the tax on built properties. The Chairman of the Senate’s Committee on Financial, Economic, and Investment Affairs, Representative Ahm»»»
Vietnam says economy grew 8.0% in 2025 despite US tariffs
Vietnam said on Monday its economy grew 8.0 percent last year, thanks to gains in services, construction and exports and despite fresh U.S. tariffs taking effect. "GDP in 2025 is projected to grow significantly at an estimated rate of 8.02 percent compared to the previous year," the General Statist»»»
Turkey inflation falls to 30.9% in December from 44% a year earlier
Turkey's annual inflation slowed in December to 30.9 percent, a fourth straight month of declines and well below the 44.4 percent posted in the same month of 2024, official figures showed Monday. The 12-month annual average for 2025 as a whole stood at 34.9 percent, down from 58.5 percent in 2024.»»»
Ferry services in the Ionian suspended due to bad weather
Ferry services in the Ionian Sea have been suspended due to adverse weather conditions. According to ferry operator Levante Ferries, several scheduled routes were cancelled Monday. These include the 7.05 a.m. service from Sami to Ithaca, the 7.40 a.m. departures from Ithaca to Sami and Patras, as w»»»
Russia Boosts Industrial Exports to Iran - Trade Representative
TEHRAN (Sputnik) - Russia has been increasing exports of machinery and electrical equipment to Iran, the acting Russian Trade Representative in Tehran, Alexei Yefimov, told Sputnik in an interview published on Monday. "We see rising deliveries of Russian machinery, pump equipment, and electrical pr»»»
Five Latin American Nations, Spain Warn Against US Bid to Seize Venezuela’s Strategic Resources
CARACAS (Sputnik) - Brazil, Chile, Colombia, Mexico, Uruguay and Spain are concerned about the US attempt to appropriate Venezuela's natural and strategic resources, a joint statement on the situation in the South American country read. "We express our concern regarding any attempts at state contro»»»
US action in Venezuela sends mixed signals to Western Balkans
The US military operation that toppled Venezuela’s president Nicolás Maduro has been warmly welcomed by Washington’s closest allies in the Western Balkans, but it has also revived uneasy questions across the region about international law, borders and whether great powers are once again setting dan»»»
Demand for wildfire catastrophe bonds surges in 2025
The market for wildfire catastrophe bonds surged in 2025, with more than $5bn in new issuance — more than double the previous year’s total — as investors start to grapple with the accelerating Climate Crisis that is already causing tens billions of dollars of damage each year. »»»
Venezuelan Defense Minister condemns Maduro arrest, declares maximum military alert
Caracas, 05 Jan. (SANA) Venezuelan Defense Minister Vladimir Padrino López strongly condemned a U.S. military operation that resulted in the arrest of President Nicolás Maduro and his wife, describing it as a “cowardly kidnapping” and a flagrant violation of Venezuela’s national sovereignty. In a s»»»
Arctic frost grips Hungary: up to 30 cm of snow set to blanket regions amid very low temps!
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Expecting to win in six months, Tunisian expat hits Dh100,000 UAE Lottery after a year
Mohamed Salim Ayadi, a Tunisian expat living in the UAE for the past five years, has finally got lucky in the UAE Lottery, winning Dh100,000. “I have been playing the UAE Lottery since the start,” Ayadi said, noting that he has been trying regularly every two weeks. Ayadi was optimistic that he wou»»»
Bulgaria Shifts to Euros: 30–35% of Shoppers Already Paying in New Currency
In the early days of 2026, Bulgaria’s retail sector has smoothly transitioned to accepting euro payments, with customers adapting well to the new system, Nova TV reports. Albena Georgieva, executive director of a major retail chain in the country, said the introduction of payments in euros has proc»»»
OPEC+ Confirms Suspension of Oil Output Increase in First Quarter of 2026
OPEC+ countries have confirmed the suspension of the planned increase in oil production during the first quarter of 2026, as eight key producers reaffirmed their commitment to market stability amid a steady global economic outlook and what they described as healthy oil market fundamentals. During a»»»
Calls in Lebanon for Immediate Action Against ‘Remnants’ of Assad Regime
Reports about the presence of “remnants of the former Syrian regime” in Lebanon have raised concerns that they could destabilize internal security or turn Lebanese territory into a platform for targeting Syria’s security and stability. Authorities and security agencies have launched a broad campaig»»»
Saudi Arabia Balances Expansionary Spending, Financial Stability in Its 2026 Borrowing Plan
Saudi Arabia has unveiled its annual borrowing plan for 2026, a move that underscores the growing maturity of its fiscal policy and its ability to align ambitious expansion under Vision 2030 with long-term financial stability. The plan seeks to strike a careful balance between financing large-scale»»»
Hema Malini on how getting back to work helped her cope with Dharmendra tragedy
Dubai: Veteran actor Hema Malini says returning to work helps her cope with the loss of her husband, Dharmendra, who died on November 24, 2025. In an exclusive interview with The Times of India, she shared how she’s navigating life after his death and why resuming her professional life feels right »»»
Emirates gets new jets: 10 new freighters to join SkyCargo fleet in 2026
Dubai: Emirates SkyCargo is preparing for a major expansion in 2026, with up to 10 Boeing 777 freighters expected to join its fleet by December, said Badr Abbas, Divisional Senior Vice President, Emirates SkyCargo. Sign up for our daily business newsletter, Cheques & Balances.The cargo arm of Emira»»»
Sofia Chief Architect Panayotova Resigns
Sofia’s Chief Architect Bogdana Panayotova has submitted her resignation, she told BTA on Monday. “I have filed a request to be relieved of the position of Sofia’s Chief Architect,” Panayotova said in a post on her personal Facebook profile. /RY/»»»
Nigerian president launches hunt for assailants who killed dozens, abducted others - UPI.com
President of Nigeria Bola Ahmed Tinubu ordered a hunt for the assailants who killed more than 40 people in an attack on a Niger State village over the weekend. File Photo by John Angelillo/UPI | License Photo Jan. 5 (UPI) -- President Bola Ahmed Tinubu of Nigeria has ordered police and military to »»»
Sofia’s Chief Architect Quits Amid 'Illegal' Structure and Political Roadblocks
Sofia’s Chief Architect Bogdana Panayotova has officially stepped down from her position, confirming the news to Bulgarian media and posting the announcement on her personal Facebook account. Panayotova cited a series of professional and systemic issues as the reasons behind her resignation, descri»»»
France Backs Greenland After Fresh Trump Threats
France on Monday expressed its "solidarity" with Denmark following US President Donald Trump's fresh threats to take over the autonomous Danish territory of Greenland. "Borders cannot be changed by force," French foreign ministry spokesman Pascal Confavreux told television channel TF1. "Greenland b»»»
'That's Enough Now!' Greenland PM Says After Latest Trump Threat
"That's enough now," Greenland's Prime Minister Jens Frederik Nielsen said after repeated threats from US President Donald Trump to annex the autonomous Danish territory. "No more pressure. No more insinuations. No more fantasies of annexation. We are open to dialogue. We are open to discussions. B»»»
Andhra techie and wife killed in US crash days after India visit
Dubai: Shock and grief have gripped Palakollu in Andhra Pradesh after a Telugu couple was killed in a tragic road accident in the United States, just days after returning from a visit to India, NDTV reported. Krishna Kishore (45), a software engineer, and his wife Asha (40), both natives of Palakol»»»
Greek flight delays: Are Emirates, Etihad, Air Arabia services impacted?
Dubai: Flights were grounded for several hours on Sunday after a radio communication fault shut down large parts of Greek airspace; however, UAE airlines have said any disruption to their services has been limited and is now easing. Sign up for our daily business newsletter, Cheques & Balances.Emir»»»
Two killed in Israeli strike on south Lebanon
A strike in south Lebanon has killed two people, with Israel saying it had struck a Hezbollah operative, the latest raids as Beirut seeks to disarm the Iran-backed group. Despite a year-old ceasefire between Israel and Hezbollah, Israel carries out regular strikes on Lebanon, usually saying it is t»»»
Israeli FM says Lebanon's efforts to disarm Hezbollah 'far from sufficient'
Israel's Foreign Minister Gideon Saar has acknowledged on X that the Lebanese government and army had made efforts to disarm Hezbollah but said "they are far from sufficient". Saar met Sunday with U.N. Special Coordinator for Lebanon Jeanine Hennis-Plasschaert. He said he reiterated "the importance»»»
Investigation ordered into Sunday’s shutdown of Greek airspace
An urgent preliminary investigation has been launched following Sunday’s shutdown of Greek airspace after a collapse of radio frequencies disrupted air traffic communications. The incident stranded thousands of travelers and brought airport operations across Greece to a virtual standstill for sever»»»
National Audit Office Sends Parts of Two Audit Reports to Prosecutor’s Office in 2025
Bulgaria’s National Audit Office sent parts of two audit reports to the Prosecutor’s Office in 2025, the institution said here on Monday. The reports concern an audit of Lozenets Multiprofile Hospital for Active Treatment EAD for 2022–2023 and a financial audit of the Ministry of Culture’s annual f»»»
KOSPI soars over 3 pct to hit fresh record high on tech rally - UPI.com
Seoul shares surged by more than 3 percent Monday to close at a fresh record high. This photo, taken Monday, shows the dealing room of Hana Bank in Seoul. Photo by Yonhap Seoul shares surged by more than 3 percent Monday to close at a fresh record high, driven by a strong rally in semiconductor and»»»
North Macedonia’s Ridiculous Claim Against Bulgaria Over 'Macedonian Language' Sparks Confusion
The accusations from the Prime Minister of North Macedonia, Hristijan Mickoski, against Bulgaria have grown increasingly contradictory and are approaching the absurd. Mickoski criticized Bulgaria for allegedly opposing the use of the Macedonian language in the so-called Community Rights Plan, a doc»»»
CBS Governor declares New Syrian Pound as sole symbol of national monetary sovereignty
Damascus, Jan. 5 (SANA) The Governor of the Central Bank of Syria, Abdelkader Husrieh emphasized on Monday that the new Syrian pound is the sole symbol of the country’s monetary sovereignty. He added that the Central Bank is working closely with relevant authorities to regulate the national currenc»»»
Bluefin tuna fetches record $3.2m at Tokyo auction
A bulky bluefin tuna made a splash at Tokyo's Toyosu fish market on Monday morning, fetching a record 510.3 million yen ($3.2m; £2.4m) at the market's first auction of the year. The winning bid for the 243kg fish came from Kiyomura Corp, the operator of popular sushi chain Sushi Zanmai, which has o»»»
Iran Speaker Ghalibaf Warns against Foreign-Backed Unrest
Iran’s Parliament Speaker Mohammad Bagher Ghalibaf warned on Monday against foreign-backed unrest in the Islamic Republic, underlining importance of distinguishing between legitimate protesters from those connected to foreign intelligence services. Speaking during an open parliamentary session on M»»»
Last chance for Sharjah drivers to clear traffic black points
Sharjah: Sharjah Police have announced that January 10, 2026, is the final date for motorists to benefit from the waiver of traffic black points for violations committed before December 1, 2025. Police clarified that eligible drivers can obtain the exemption by settling outstanding fines through th»»»
Saudi PIF Tops List of Sovereign Funds Worldwide in 2025
Global SWF’s sixth annual report revealed that 2025 marked a historic shift in the global financial balance of power, as investors together with central banks notched a record $60 trillion in assets and foreign reserves. The report also showed that Saudi Arabia’s Public Investment Fund (PIF) was cr»»»
First Direct Clashes Erupt Between Hamas, Armed Gangs in Gaza
The al-Tuffah neighborhood, east of Gaza City, witnessed on Sunday morning the first direct, face-to-face clashes between fighters from Hamas and members of an armed gang operating in the area, marking a new and dangerous escalation in Gaza’s internal security landscape. Field sources said the clas»»»