Foreign
Forum promotes Bulgaria as successful investment destination
December 8, 2022, 9:00 pm
PORTLAND, OREGON — The InvestBulgaria Agency is holding a Business and Investment Forum in Portland, Oregon, aiming to establish Bulgaria as a successful investment destination. The forum is focused on the electronics and information technology industry. It is part of a roadshow that has… Read More
Another strong quake hits Indonesia
December 8, 2022, 8:13 pm
ISTANBUL – A 6.1 magnitude earthquake shook Indonesia Thursday. According to Indonesia’s Meteorology, Climatology, and Geophysics Agency (BMKG), the earthquake hit the country’s West Java province at around 7:50 a.m. (0050GMT). The Southeast Asian nation saw several tremors in over a month.… Read More
UAE President hails Morocco for qualifying to WC quarter finals
December 8, 2022, 6:40 pm
RABAT – United Arab Emirates (UAE) President, His Highness Sheikh Mohammed Ben Zayed Al Nahyane, joined other Heads of State in congratulating Morocco King Mohammed VI on the occasion of the qualification of the Moroccan soccer team to the quarter finals of the 2022 FIFA World Cup in Qatar.… Read More
28 people try to flee as plane makes emergency landing
December 8, 2022, 12:18 pm
OVIEDO, Spain – An airplane flying from Casablanca to Istanbul made an emergency landing in Barcelona Wednesday morning, and 28 passengers used the opportunity to illegally flee into Spain, according to the Spanish daily El Pais. Authorities said they are still searching for 14 passengers who… Read More
2 trains collide in Barcelona, more than 150 hurt
December 8, 2022, 10:07 am
ISTANBUL – Two trains collided at a station in Barcelona Wednesday, hurting more than 150 people. Most of the hurt suffered mild injuries, the Medical Emergencies System of Catalonia said in a Twitter post. Spanish state-owned operator Renfe said a train crashed into another one from behind at… Read More
Air transport body sees airlines return to profitability in 2023
December 7, 2022, 7:43 pm
ISTANBUL — The International Air Transport Association (IATA) on Tuesday said the global airline industry would return to profit next year for the first time since 2019. The association expects a small net profit of around $4.7 billion in 2023, while in 2022, the sector is expected to post a… Read More
High inflation may derail US economy into recession: JPMorgan CEO
December 7, 2022, 5:38 pm
ISTANBUL – JPMorgan Chase chief executive officer Jamie Dimon said Tuesday that record inflation may derail the United States economy and cause a recession in 2023. Dimon said American consumers have saved $1.5 trillion from stimulus programs during the coronavirus pandemic but they are now… Read More
Biden opposes lifting military Covid-19 vax mandate: White House
December 6, 2022, 2:34 pm
WASHINGTON – US President Joe Biden opposes the removal of the military's ongoing Covid-19 vaccine mandate, the White House said on Monday as lawmakers take up a key defense spending bill. Congress is currently weighing whether it will add the vaccine repeal to the annual National Defense… Read More
Samsung appoints first female president
December 5, 2022, 12:58 pm
SEOUL– Samsung Electronics Co. on Monday promoted Lee Young-hee, a female executive to head the global marketing for its mobile business. It was the first time the biggest conglomerate in South Korea tapped a female talent for a top post, and also the first to come from outside the founding… Read More
Russia says 'will not accept' price cap on oil exports
December 4, 2022, 4:38 pm
MOSCOW – Russia “will not accept” the price cap imposed by the European Union and G7 countries on its oil exports, the Kremlin said on Saturday. “We are analyzing it now. Some preparation has been made,” Kremlin spokesperson Dmitry Peskov told reporters in Moscow. “We will not accept… Read More
Global food prices overall hold steady in November
December 4, 2022, 3:34 pm
ROME – The measure of changes in world food commodity prices remained largely steady in November, with declining international prices of cereals, meat and dairy products offsetting increasing quotations for vegetable oils and sugar, the Food and Agriculture Organization of the United Nations… Read More
Innovation key to fairer world for people of determination
December 4, 2022, 2:07 pm
NEW YORK – Marking this year’s International Day of People of Determination, which falls on Saturday, António Guterres, the UN Secretary-General, called for transformative, innovative solutions, in a world confronted by crises which disproportionately affect people of determination. In his… Read More
G7 countries agree to cap price of Russian oil at $60 per barrel
December 4, 2022, 11:45 am
BRUSSELS – G7 countries, European Union member states and Australia agreed to cap the price of Russian seaborne oil at USD60 per barrel starting Dec. 5, the European Commission said in a statement on Saturday. "The international Price Cap Coalition has today finalized its work on implementing an… Read More
FBI director says TikTok 'national security concern' for US
December 4, 2022, 10:37 am
WASHINGTON – Federal Bureau of Investigation Director Chris Wray said Friday the Chinese social media platform TikTok is a "national security concern" for the US. Speaking at an event at the University of Michigan, Wray voiced concern that the Beijing administration could use the data collected… Read More
Elon Musk releases Twitter files on Hunter Biden ‘scandal’
December 3, 2022, 6:06 pm
HOUSTON, United States – Twitter CEO Elon Musk promoted a series of tweets Friday that revealed old files that old management buried or blocked involving Hunter Biden’s laptop scandal story during the 2020 US presidential election. In a lengthy thread, independent journalist Matt Taibbi said… Read More
World food prices fall slightly in November: FAO
December 3, 2022, 5:10 pm
ROME – Increased stability in grain exports from Russia and Ukraine sent global prices for grains and cereals lower in November, the Rome-based United Nations Food and Agriculture Organization (FAO) reported on Friday. The broader FAO Food Price Index was flat compared to a month earlier,… Read More
Covid-19 emergency phase closer to end despite Omicron: WHO
December 3, 2022, 5:00 pm
GENEVA – The World Health Organization (WHO) said Friday that the world was "much closer" to end the emergency phase of the Covid-19 pandemic, while also warning that Omicron was still circulating rampantly around the world and continued to cause significant mortality. "We are much closer to… Read More
US welcomes EU price cap deal on Russian oil
December 3, 2022, 3:14 pm
WASHINGTON – The White House on Friday welcomed a USD60 per barrel EU price cap for Russian oil exported by sea. “A price cap will help limit Mr. (Vladimir) Putin's ability to profiteer off the oil market so that he can continue to fund a war machine that continues to kill innocent… Read More
Ukraine asks foreign countries to tighten security on embassies
December 3, 2022, 2:43 pm
MOSCOW – Ukraine on Friday asked foreign governments to tighten security around its diplomatic missions on their territories. Speaking at a news conference in Kyiv, Foreign Ministry spokesperson Oleg Nikolenko said several Ukrainian diplomatic offices had gotten packages containing "animals'… Read More
Google appeals $4.3-B anti-trust penalty to EU's top court
December 2, 2022, 3:26 pm
ISTANBUL – Google announced Thursday it has filed an appeal against the €4.1 billion ($4.3 billion) penalty over its Android operating system at the EU's top court. The US-based tech firm said "there are areas that require legal clarification from the European Court of Justice" as the EU… Read More
