Middle East war: global economic fallout

Here are the latest economic events in the Here are the latest economic events in the Middle East war on Wednesday on Wednesday

By 22 hrs ago

French aid worker killed in DR Congo air strike

A French aid worker for the UN children's agency has been killed in an air strike in the eastern Democratic Republic of Congo in a city controlled by the Rwanda-backed M23 militia.

By 17 hrs ago

Drones fall near Dubai airport, ships hit as Iran presses on with attacks

Drones fell near Dubai airport, injuring four people, while attacks hit three ships in or near the Strait of Hormuz on Wednesday as Iran kept up its campaign disrupting oil markets.

By 17 hrs ago

Oil jumps, stocks drop as Mideast war prolongs market volatility

Oil prices rallied and equities largely dropped Wednesday as traders assessed the latest impact for global markets from  the Middle East war.

By 17 hrs ago

Iran Guards say will block oil exports as long as war continues

Iranian forces will not allow the export of oil from the region to allies of the United States and Israel as long as the war continues

By 2 days ago

Manchester City to face Liverpool in FA Cup quarter-finals

Manchester City will face Liverpool in a blockbuster FA Cup quarter-final, while quadruple-chasing Arsenal travel to Southampton.

By 1 day ago

Scholes makes peace with Carrick after jibe at former Man United team-mate

Paul Scholes claims he did not mean to offend former Manchester United team-mate Michael Carrick after taking a swipe at the Old Trafford interim boss on social media.

By 1 day ago

Iraq coach calls for World Cup playoff to be re-scheduled

Iraq coach Graham Arnold has pleaded with FIFA to postpone his team's intercontinental playoff for the World Cup because many of his players and backroom staff are stranded

By 1 day ago

Egypt raises fuel prices by up to 30 per cent

The increases, announced by the petroleum ministry, apply to gasoline, diesel and natural gas used in vehicles.

By 1 day ago

Egypt raises fuel prices by up to 30 percent

Egypt raised domestic fuel prices by up to 30 percent on Tuesday, blaming "exceptional" global energy pressures caused by the Middle East war, which has disrupted oil supplies and shipping routes.

By 1 day ago

Leverkusen coach questions legality of Arsenal's set-piece tactics

Bayer Leverkusen coach Kasper Hjulmand questioned whether Champions League opponent Arsenal's set-piece tactics are legal ahead of Wednesday's last-16 first-leg tie in Germany.

By 1 day ago

China starts year with booming trade, despite US exports drop

China's trade surged by a fifth in the first two months of the year

By 2 days ago

Bangladesh military to guard depots as fuel crunch hits Asia

"We haven't received supply from the depot, but the bike riders weren't convinced and vandalised the station," said petrol station worker Ashrafuzzaman Dulal told AFP.

By 1 day ago

Mideast war displaces 100,000 in Lebanon in single day: UN

Israeli strikes and mass evacuation orders have seen nearly 700,000 people flee their homes in Lebanon in just over a week, with more than 100,000 fleeing in 24 hours, the UN said Tuesday.

By 1 day ago

Russia committed 'crimes against humanity' in deporting Ukrainian children: UN inquiry

Moscow's deportation and forcible transfer of children from Ukraine to Russia amounts to a crime against humanity, a United Nations team of investigators said Tuesday.

By 1 day ago

Citing 'strategic mistake' EU pivots back to nuclear energy

EU chief Ursula von der Leyen on Tuesday said Europe's turn away from nuclear power had been a "strategic mistake", as soaring oil prices rekindled concerns about the bloc's energy vulnerability.

By 1 day ago

Laporta stopped Messi's Barcelona return to avoid power struggle, Xavi says

Former Barcelona coach Xavi Hernandez said the club's president Joan Laporta scuppered the return of all-time great Lionel Messi in 2023 to avoid a power struggle.

By 2 days ago

US labels Sudan's Muslim Brotherhood as 'terrorists'

The United States said Monday it will label the Muslim Brotherhood in Sudan as a terrorist organization and accused the Islamist group of receiving support from Iran.

By 2 days ago

Liverpool go back to Galatasaray cauldron in Champions League last 16

We look at tonight's UEFA Champions League last-16, first-leg clashes, as Liverpool go to Istanbul for the second time this season and Newcastle prepare to host Barcelona again

By 2 days ago

Newcastle eye history in Champions League clash with Barcelona

Eddie Howe has challenged Newcastle to produce the performance of a lifetime as they aim to win the "biggest game" in the club's history against Barcelona tonight.

By 2 days ago

Troubled Tottenham haunted by European ghosts in Atletico clash

Tottenham will endure a chastening reminder of their painful decline when the relegation-haunted club face Atletico Madrid at the Metropolitano Stadium

By 2 days ago

Mojtaba Khamenei: son and successor to Iran's supreme leader

Mojtaba Khamenei, the son of late Iranian supreme leader Ali Khamenei who has been appointed as the new head of the Islamic republic, is a discreet figure.

By 2 days ago

Iran's top diplomat says Iran, not Trump, will elect new leader

Iran's foreign minister said Sunday that the Iranian people, not Donald Trump, will elect their new leader and demanded that the US president apologise.

By 3 days ago

Russia missiles and drone attacks on Urkaine kill six, injure ten

Russian overnight missile and drones attack on Ukraine kills six people, injures 10; Poland’s air force scrambles military aircraft to protect its airspace in border with Ukraine.

By 5 days ago

Disinformation biggest enemy in disaster zones, says Red Cross

The rise of disinformation is undermining humanitarian aid and putting lives at risk, while disasters are affecting ever more people, the Red Cross warned Thursday.

By 4 days ago

Tanzania forcing out Burundi refugees

Refugees from Burundi are being forcibly evicted from camps as Tanzania destroys their homes and churches, pushing them to return, often after years in exile.

By 5 days ago

Ethiopia rebels gang-raped children- Amnesty

The women told Amnesty they believed they were "raped by OLA fighters as a reprisal for having husbands, brothers or fathers in government forces."

By 5 days ago

Indonesia to ban social media access for under-16s

Indonesia to ban social media for children under 16 years, authorities cite online threats including cyberbullying, pornography, fraud and internet addiction.

By 5 days ago

Morocco part company with coach Walid Regragui as World Cup looms

Morocco parted company with coach Walid Regragui yesterday, three months before the World Cup, with the country's football federation naming Mohamed Ouahbi as his replacement.

By 5 days ago

12 killed in Brazil elderly people's home collapse

Twelve people died when a nursing home in southeastern Brazil collapsed, according to a tally released Friday by firefighters after they concluded search and rescue operations.

By 5 days ago

Explosions heard in Iraq's Erbil, US-run oil field shut down

Explosions sounded on Friday near Erbil airport in Iraq's autonomous Kurdistan region and an attack forced a US-run oil field to shut production.

By 5 days ago

UEFA fine Real Madrid Sh2.2 million after fan's Nazi salute

UEFA have fined Real Madrid 15,000 euros ($17,000) after one of their fans performed a Nazi salute before a Champions League match last week.

By 5 days ago

LeBron James breaks NBA all-time field goal record in Lakers loss

LeBron James broke the record for most field goals made in NBA history, though the latest milestone in his glittering career did not to stop the Los Angeles Lakers from crashing

By 5 days ago

Arsenal, Chelsea and Liverpool aim to avoid FA Cup upsets

Arsenal head to Mansfield and Chelsea face Wrexham in the FA Cup fifth round, with the Premier League clubs aiming to avoid embarrassing giant-killings

By 5 days ago

Trump honors Lionel Messi and MLS Cup champion Inter Miami teammates

President Donald Trump feted Argentina's superstar Lionel Messi and his Inter Miami teammates at the White House in honour of their 2025 MLS Cup championship.

By 5 days ago

Dismal Tottenham Hotspur can still avoid relegation vows coach Tudor

Igor Tudor claims that Tottenham's dismal 3-1 defeat against Crystal Palace on Thursday has convinced him they will avoid relegation from the Premier League.

By 5 days ago

AC Milan hoping to revive dimming title hopes in derby against Inter

AC Milan face Serie A leaders Inter this weekend knowing the derby could offer a last chance to apply pressure.

By 5 days ago

South Korea activates Sh9 trillion market stability fund over Mideast crisis

"First, we must respond proactively to heightened volatility in financial markets, including equities and foreign exchange."

By 7 days ago

Iran FM says US will 'bitterly regret' precedent set by sinking ship

Iran accuses US of committing an atrocity by sinking a navy ship off Sri Lanka, Foreign Minister Abas Araghchi warns US will ‘regret’ the precedent set.

By 7 days ago

Carrick says 'defeat hurts' after first loss as Manchester United boss

Michael Carrick said "defeat hurts" after Manchester United's 2-1 loss at Newcastle on Wednesday -- the first time he has been beaten as manager of the club.

By 6 days ago