Riyadh, Saudi Arabia | Xinhua | Saudi Arabian Crown Prince Mohammed bin Salman Al Saud announced on Monday the launch of the Saudi Downtown Company for urban development across the kingdom, the Saudi Press Agency reported. Affiliated with the Saudi Public Investment Fund, the company will build and develop downtown …
Read More »State Duma ratifies agreements on accession of Donetsk, Lugansk, Zaporizhzhia, Kherson to Russia
Moscow, Russia | Xinhua | — Russia’s lower house of parliament, the State Duma, ratified agreements on the accession of Donetsk, Lugansk, Zaporizhzhia and Kherson to Russia, it said on Monday in a statement. Members of the State Duma unanimously voted in favor of the legislation. The accession to Russia …
Read More »TRAGEDY: 125 killed, over 320 injured from Indonesia’s football match stampede
Jakarta, Indonesia | Xinhua | As of Sunday, 125 people were confirmed dead from a stampede after a football match in Indonesia’s East Java province, with more than 320 others injured, Indonesia’s National Police Chief, General Listyo Sigit Prabowo, said Sunday. Previously, the police said the death toll was 129 …
Read More »OPEC+ to hold first in-person ministerial meeting since early 2020
Vienna, Austria | Xinhua | The OPEC+ oil cartel will meet in Vienna at the ministerial level on Oct. 5 to discuss future output strategy, according to a statement issued by the organization on Saturday. It’s the first in-person meeting at the ministerial level for OPEC+ since March 2020 when COVID-19 …
Read More »U.S. Congress approves stopgap funding bill ahead of gov’t shutdown deadline
Washington, U.S. | Xinhua | The U.S. House of Representatives on Friday approved a stopgap funding bill to fund the government through mid-December, following a Senate passage on Thursday. The House cleared the bill on a 230-201 vote, sending it to President Joe Biden for his signature. The Senate voted 72-25. …
Read More »U.S. slaps new sanctions on Russia as Moscow formally recognizes Ukrainian regions as Russian territory
Washington, U.S. | Xinhua | The administration of U.S. President Joe Biden slapped new sanctions on Russia on Friday, following Moscow’s formal recognition earlier in the day of four Ukrainian regions under Russian control since the early stage of the Russia-Ukraine conflict as Russian territory. Among the punitive measures announced by …
Read More »Oil prices drop as demand worries prevail
New York, U.S. | Xinhua | Oil prices fell on Friday as traders worried about a deteriorating demand outlook. The West Texas Intermediate (WTI) for November delivery decreased 1.74 U.S. dollars, or 2.1 percent, to settle at 79.49 dollars a barrel on the New York Mercantile Exchange. Brent crude for November …
Read More »Iran slams hypocrisy of so-called “sympathizers” of Iranian people
Tehran, Iran | Xinhua | The Iranian Foreign Ministry spokesman said on Thursday that those who claim to be advocates and sympathizers of Iranian people are those who have denied the country’s patients suffering from rare conditions access to the medicine they need to survive. Nasser Kanaani made the remarks in …
Read More »Toyota’s year-on-year output rises in August as chip crunch eases
Tokyo, Japan | Xinhua | Toyota Motor Corp. on Thursday said its year-on-year production rose for the first time in five months in August as the negative effects of a global semiconductor crunch eased. The Aichi Prefecture-based automaker also said its worldwide production increased from a year earlier by 44.3 percent …
Read More »FAO chief warns conflicts, climate likely to fuel more food crises
Bali, Indonesia | Xinhua | The head of the United Nations Food and Agriculture Organization (FAO) warned Wednesday that conflicts and climate-related impacts will remain as major drivers behind food crises, and called for resilience and more efforts for peace. Soaring global food prices sparked in part by the conflict between …
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