MOSCOW, RUSSIA | TASS | Growth of world oil demand is forecast to average just below 1 mln barrels per day in 2024 and 2025, as subpar economic growth, greater efficiencies and vehicle electrification act as headwinds, the International Energy Agency (IEA) said in its July report. Consequently, the estimate …
Read More »Hollywood divided over Biden’s candidacy
LOS ANGELES | Xinhua | In the wake of President Joe Biden’s shaky performance during a recent presidential debate, a rift has emerged among Hollywood’s elite regarding his continued candidacy. While many of Biden’s celebrity backers continue their support, some previously fervent supporters, like Damon Lindelof and Barry Diller, have …
Read More »At least 25 Palestinians killed in Israeli airstrike on school in S. Gaza
GAZA, | Xinhua | At least 25 Palestinians were killed and some others wounded in an Israeli airstrike targeting a school in the city of Khan Younis in the southern Gaza Strip, Palestinian sources said Tuesday. Security sources told Xinhua that Israeli aircraft targeted the gate of the Al-Awda School, …
Read More »Trump invites Biden to hold another debate this week
NEW YORK, THE UNITED STATES | TASS | Former US President Donald Trump invited his election rival, incumbent President Joe Biden, hold another debates this week as a chance to “redeem himself” after the recent disastrous performance. “I’m officially offering Joe the chance to redeem himself in front of the …
Read More »China beefs up computing power as new economic catalyst
BEIJING | Xinhua | Amid the global race to build artificial general intelligence, the development of stronger computing power has become a major focal point of China’s strategic initiatives, driven by the needs of a booming digital economy and innovations in large language models. Data revealed at the Global Digital …
Read More »French President Macron rejects his PM’s resignation request
PARIS, FRANCE | TASS | French President Emmanuel Macron has refused to accept the resignation of the republic’s Prime Minister Gabriel Attal, the AFP news agency reported, citing the Elysee Palace. According to it, the head of state asked the prime minister to temporarily stay in office to ensure stability in the …
Read More »UEFA EURO 2024: Where the revenue comes from and where it goes
UEFA EURO is not just one of the biggest competitions in football but in all of world sport, generating a significant amount of revenue. Where does that money come from, and how does UEFA invest as much as possible back into the game? COMMENT | UEFA.COM | Every four years, the …
Read More »French PM to resign following legislative elections defeat
PARIS | Xinhua | French Prime Minister Gabriel Attal announced Sunday night to submit his resignation to French President Emmanuel Macron on Monday, following the defeat of Macron’s centrist coalition in the legislative elections. “This evening, the political group that I represented in this campaign, has achieved three times more …
Read More »Chinese premier congratulates new British PM
BEIJING | Xinhua | Chinese Premier Li Qiang on Sunday sent a congratulatory message to Keir Starmer on assuming the position of Britain’s Prime Minister. Li said in the message that China and Britain are both permanent members of the United Nations Security Council and the world’s major economies, adding …
Read More »Iranians elect reformist president, anticipating new measures to navigate challenges
* Throughout the election process, Pezeshkian has presented himself as a reformist. * As Pezeshkian rises to power, the Iranian people hope the new government can mitigate the domestic economic crisis, address escalating tensions with Israel, and promote prosperity and stability by enhancing ties with other countries. * Pezeshkian said …
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