Trump removes Fed Governor Lisa Cook amid fraud allegations
U.S. President Donald Trump announced on Monday that he had removed Federal Reserve Governor Lisa Cook from her position, citing allegations of mortga...
Syria on Wednesday finalised 12 major investment agreements totalling $14 billion, part of an ongoing effort to repair its economy and infrastructure after more than a decade of civil conflict.
The contracts were signed during a ceremony in Damascus, attended by interim President Ahmed al-Sharaa, and cover sectors such as transportation, infrastructure, and real estate.
Among the most high-profile deals is a $4 billion agreement with Qatar’s UCC Holding to construct a new international airport in Damascus. Additionally, the UAE's national investment corporation will fund a $2 billion subway system in the Syrian capital – a first for the country.
Another flagship project, the $2 billion Damascus Towers development, was signed with Italy-based firm UBAKO, focusing on luxury mixed-use towers expected to reshape the city skyline.
These new agreements follow a separate $6.4 billion deal inked with Saudi Arabia in July, which included housing and industrial projects. Syria’s Ministry of Economy said these partnerships are “part of a national strategy to attract foreign investment for post-war reconstruction.”
Syria’s civil conflict, which began in 2011, has devastated its economy, leaving more than 90% of the population living in poverty, according to the United Nations. More than 13 million people remain displaced or in need of humanitarian assistance.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
Kuwait says oil prices will likely stay below $72 per barrel as OPEC monitors global supply trends and U.S. policy signals. The remarks come during market uncertainty fueled by new U.S. tariffs on India and possible sanctions on Russia.
Afghanistan’s interim administration on Tuesday unveiled a five-year “Development Strategy” aimed at creating jobs and promoting balanced development.
Libya’s Presidency Council chief Mohamed al-Menfi met on Tuesday in Tripoli with U.S. chargé d’affaires Jeremy Berndt to discuss ways to accelerate the country’s political process and lay the groundwork for national elections.
U.S. President Donald Trump announced on Monday that he had removed Federal Reserve Governor Lisa Cook from her position, citing allegations of mortgage fraud.
U.S. President Donald Trump said on 26 August that U.S. colleges would face serious challenges without Chinese students.
The Lithuanian parliament on Tuesday approved a new prime minister, marking a key step in the formation of the country’s ruling coalition.
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