Blinken says Hamas must decide quickly on ‘extraordinarily generous’ Israel offer; aid to Gaza must be increased

“They have to decide, and they have to decide quickly. So, we’re looking to that, and I’m hopeful that they will make the right decision, and we can have a fundamental change in the dynamic,” Blinken said. Hamas releases video of 2 Gaza hostages, as it ponders Israel ceasefire deal A Hamas delegation is due … Read more

Saudi House set to make first appearance in Riyadh

Riyadh: Saudi House, an initiative for visitors to learn more about the Kingdom of Saudi Arabia’s transformation under Saudi Vision 2030, is all set to make its first appearance in Riyadh. This intitiative will now be hosted on the sidelines of the Kingdom’s inaugural World Economic Forum (WEF) Special Meeting on Sunday, April 28 and … Read more

Hamas studying new Israeli truce proposal amid preparations for Rafah invasion in Gaza

“The movement will study this proposal, and upon completion of its study, it will submit its response.” Hamas had previously insisted on a permanent ceasefire, something rejected by Israel. UN says 37 million tonnes of debris in Gaza could take 14 years to clear Egypt, Qatar and the United States have been unsuccessfully trying to … Read more

US conspiracy theorists monetize ‘Disease X’ misinformation

Washington: Coined by the World Health Organization to denote a hypothetical future pandemic, “Disease X” is at the center of a blizzard of misinformation that American conspiracy theorists are amplifying — and profiting from. The falsehoods, including that the unknown pathogen indicates an elitist plot to depopulate the earth, appeared to originate in the United … Read more

Why is China mixing its economic messages when business confidence is so low?

The move immediately raised fears of the sorts of industrial clampdowns the market has seen in other sectors, triggering a global sell-off in China’s tech stocks and wiping out billions of dollars of value. The regulator then sacked Feng Shixin, a long-serving official and publication bureau chief at the NPPA, sources told the South China … Read more

Jeremy Hunt vows to make tax cuts and compares himself to Nigel Lawson

Chancellor Jeremy Hunt has vowed to make tax cuts in his 6 March budget that are “affordable” and “boosts” the UK’s economy. Mr Hunt also claimed he is like Nigel Lawson, who served as Chancellor in Margaret Thatcher’s Government in the 1980s, whose tax cuts sparked a finance boom in Britain. The Chancellor said the … Read more

At Davos, leaders talked big on rebuilding trust. Can the World Economic Forum make a difference?

DAVOS, Switzerland (AP): Business and political elites descended on the Swiss Alpine snows of Davos to suss out “rebuilding trust” in a splintering world. If there’s any takeaway from the World Economic Forum’s annual meeting — boldly touting that theme — it’s that we still have a long way to go. From full-blown wars in … Read more

‘The world is being rewired’ and will see more supply shocks, Mark Carney says – National

Former Bank of Canada governor Mark Carney issued a warning at the World Economic Forum that global supply shocks are becoming more persistent, forcing central bankers to adapt to tame inflation. Carney, who also previously led the Bank of England, spoke on a panel in Davos, Switzerland at the WEF summit Thursday about how central … Read more

World leaders are gathering to discuss Disease X. Here’s what to know about the hypothetical pandemic.

World leaders gathered at the World Economic Forum’s annual meeting in Davos, Switzerland, on Wednesday to discuss Disease X, a hypothetical virus 20 times deadlier than COVID-19. While such a virus isn’t known to currently exist, researchers, scientists and experts are hoping to proactively come up with a plan of action to combat such a … Read more

UN chief says Israel, Hamas ‘ignoring international law’ in Gaza

United Nations Secretary General Antonio Guterres made a new push for an immediate humanitarian cease-fire in the Middle East Wednesday in remarks at the World Economic Forum. As the conflict in Gaza between Israel and Palestinian militant group Hamas stretches past the 100-day mark, Guterres argued the parties involved are “ignoring international law, trampling on … Read more