At the heart of Sino-American trade tensions is the claim that China’s surging exports are a result of Chinese subsidies. But the driving force behind this glut of cheap goods is a significantly undervalued renminbi, a result of high capital outflows caused by both domestic policies and US restrictions on investment in China. Allegations about […]
WASHINGTON: The US House of Representatives has voted in favour of a bill aimed at forcing President Joe Biden to resume arms deliveries to Israel which had been paused. The text was passed on Thursday with 208 Republican votes and 16 votes from Biden’s Democrats, but is likely to fail in the Senate, where the […]
WASHINGTON: The US would be better served by maintaining its open trade system rather than imposing new punitive duties on Chinese goods, the International Monetary Fund said on Thursday, adding that Washington and Beijing should work together to resolve their trade tensions. IMF spokesperson Julie Kozack told a regular news briefing that such trade restrictions […]
WASHINGTON: Any country having business dealings with Iran runs the “potential risk of sanctions”, the US has warned, noting that it is aware that Tehran and New Delhi have signed a deal concerning the Chabahar port. India on Monday signed a 10-year contract to operate the strategic Iranian port of Chabahar that will help New […]
What is taking place in occupied Palestine is not a conflict, but a straightforward case of illegal military occupation, apartheid, ethnic cleansing and outright genocide. Those who insist on using ‘neutral’ language in depicting the crisis in Palestine are harming the Palestinian people beyond their seemingly innocuous words. This morally non-committal, middle-ground language is now […]
CAIRO/JERUSALEM: Israel called on Saturday for Palestinians in more areas of Gaza’s southern city of Rafah to evacuate and head to what it calls an expanded humanitarian area in Al-Mawasi, in a further indication that the military is pressing ahead with its plans for a ground attack on Rafah. In a post on social media […]
CAIRO: Israel’s military said on Monday night that it is carrying out large-scale airstrikes in Rafah, the southernmost city of the Gaza Strip, hours after Hamas announced the acceptance of an Egyptian-Qatari proposal regarding a ceasefire in the strip. In the meantime, Israeli Prime Minister Benjamin Netanyahu’s office said the proposal is far from meeting […]
UNITED NATIONS: A UN spokesperson has declined to comment on US President Joe Biden calling India, China, Russia and Japan xenophobic, but stressed that all member states should continue to uphold the basic standards in the UN human rights covenants. I wouldn’t comment on what he said, but certainly… Farhan Haq, Deputy Spokesperson for Secretary-General […]
GAZA: The Israeli military has conducted new round of air and drone strikes on the Gaza Strip, killing at least 47 Palestinians as UNRWA say Gaza has turned into “a city of death and ghosts”. The Wafa news agency reported on Monday that 26 of the victims lost lost their lives in Israeli aerial assaults […]
WASHINGTON: In a series of tense confrontations, more than 200 individuals found themselves in handcuffs following protests at Northeastern University, Arizona State University, Indiana University, and Washington University in St Louis, The New York Post (NYT) reported. These events, unfolding against the backdrop of heightened tensions in the ongoing Israeli-Palestinian conflict, underscore the challenges faced […]