It is a British cliché that a week is a long time in politics. Liz Truss proved it true on Thursday when she became the shortest-serving British prime minister in history. In a matter of days, her U-turn on economic plans that made global markets jittery and the resignations of key ministers prompted calls from within Truss' party for her to step down. But the shakeup at the top is hardly an outlier in the recent history of Britain's Conservatives, whose latest troubles have been years in the making.
DAVID CAMERON'S DECISION
Full StoryThe Iranian-made drones that Russia sent slamming into central Kyiv this week have complicated Israel's balancing act between Russia and the West.
Israel has stayed largely on the sidelines since Russia's invasion of Ukraine last February so as not to damage its strategic relationship with the Kremlin. Although Israel has sent humanitarian aid to Ukraine, it has refused Kyiv's frequent requests to send air defense systems and other military equipment and refrained from enforcing strict economic sanctions on Russia and the many Russian-Jewish oligarchs who have second homes in Israel.
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Singers, actors, sports stars — the list goes on. Iranian celebrities have been startlingly public in their support for the massive anti-government protests shaking their country. And the ruling establishment is lashing back.
Full StorySaudi Arabia's push for oil production cuts has placed new strain on its stormy relationship with the United States, though analysts say any predictions of an all-out break are premature.
The move last week by OPEC+ -- composed of the Riyadh-led OPEC cartel and an additional group of 10 exporters headed by Russia -- would reduce global output by up to two million barrels per day from November.
Full StoryLebanon and Israel said they have struck a "historic" deal over a maritime border dispute involving offshore gas fields after years of U.S.-mediated talks, in a step that facilitates hydrocarbon production.
Here's what we know of the agreement:
Full StoryThey show up at the first signs of protest in Iran — men in black, riding motorcycles, often wielding guns or batons.
They are members of what's known as the Basij, paramilitary volunteers who are fiercely loyal to the Islamic Republic. The shock troops of the ayatollahs have taken on a leading role in quashing dissent for more than two decades.
Full StorySeveral Lebanese TV networks on Wednesday published the final Arabic-language text of the sea border demarcation agreement submitted by U.S. mediator Amos Hochstein to Lebanon and Israel. Israel’s Haaretz newspaper has meanwhile published the English-language text of the deal.
Below is the full English-language text as published by Haaretz:
Full StoryIsrael's prime minister said Tuesday that Israel has reached a "historic agreement" with neighboring Lebanon over their shared maritime border after months of U.S.-brokered negotiations.
The agreement would mark a major breakthrough in relations with the two countries, which formally have been at war since Israel's establishment in 1948. But the deal still faces some obstacles, including key legal and political challenges in Israel.
Full StoryU.S. President Joe Biden has effectively acknowledged the failure of one of his biggest and most humiliating foreign policy gambles: a fist-bump with the de facto leader of Saudi Arabia, the crown prince associated with human rights abuses.
Biden's awkward encounter with Mohammed bin Salman in July was a humbling attempt to mend relations with the world's most influential oil power at a time when the US. was seeking its help in opposing Russia's invasion of Ukraine and the resulting surge in oil prices.
Full StoryNaharnet has interviewed presidential hopeful and Lebanon’s former candidate for World Bank chief Ziad Hayek about his presidential chances and plans.
Hayek, 63, was Secretary General of Lebanon's High Council for Privatization and PPP from 2006 until he was nominated to be President of the World Bank in February 2019. Hayek is currently Vice Chair of the Bureau of the U.N. Economic Commission for Europe Working Party on PPP, Head of the International Center of Excellence in PPP for Ports, President of the World Association of PPP Units & Professionals, Member of the Board of Trustees of the Holy Spirit University of Kaslik, Member of the Investment Committee of World YMCA, and High Commissioner for Lebanon at the World Business Angels Investment Forum.
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