President Biden says banking crisis has subsided

Washington [US], March 18: US President Joe Biden said the banking crisis had subsided after the bankruptcy of two mid-sized banks.

Building collapse kills 5, injures 2 in south Egypt

Cairo [Egypt], March 18: At least five people were killed and another two wounded on Friday after a building collapsed in the southern Egyptian province...

Somali bank acquires 62.5 pct stake in Kenyan bank

Nairobi [Kenya], March 18: Somali lender, Premier Bank, has acquired a 62.5 percent stake in Kenya's First Community Bank Limited (FCB), the Central Bank of...

Huawei launches Wi-Fi 7 for east African market to spur internet connectivity

Nairobi [Kenya], March 18: Chinese technology firm Huawei on Friday launched its latest Wi-Fi technology, Wi-Fi 7 for the east African market in a bid...

4 IS militants killed in W. Iraq

Baghdad [Iraq], March 18: Four Islamic State (IS) militants were killed on Friday in an operation in Iraq's western province of Anbar, the Iraqi military...

Lebanese central bank chief denies financial misconduct in court hearing

Beirut [Lebanon], March 18: Lebanese central bank governor RiadSalameh on Friday maintained his innocence by rejecting accusations of transferring public funds exceeding 300 million U.S....

Gold rises as U.S. dollar weakens

Chicago [US], March 18: Gold futures on the COMEX division of the New York Mercantile Exchange rose on Friday as the U.S. dollar weakened.

Oil prices drop as banking woes stoke recession fears

New York [US], March 18: Oil prices fell on Friday, booking significant losses for the week, as banking turmoil rattled markets.

Japanese PM vows to raise childcare leave benefits amid plunging birthrate

Tokyo [Japan], March 18: Japanese Prime Minister Fumio Kishida on Friday vowed to increase childcare leave benefits in a bid to reverse the country's plummeting...

11 US banks pumped money to rescue 1 bank

Washington [US], March 18: Eleven of the largest banks in the United States will deposit a total of $30 billion in First Republic Bank (FRB),...

Two NATO countries send fighter jets to Ukraine

Kyiv [Ukraine], March 18: On March 17, Slovak Prime Minister Eduard Heger said that the government of Slovakia had approved the decision to send MiG-29...

Protests erupt over pension reform in France

Paris [France], March 18: The French government faces fierce protests after pushing for controversial pension reforms without a vote in the lower house.

Vietnam calls for end to violence in Myanmar

Hanoi [Vietnam], March 18: The head of Vietnam's permanent representative mission to the United Nations expressed Vietnam's concerns and called on all parties to stop...

Son of US President sues laptop repairman for spreading photos taken from...

Washington [US], March 18: Mr. Hunter Biden, son of US President Joe Biden, filed a lawsuit against a computer repairman for distributing images on his...

Moldovan parliament approves law on Romanian language

Chișinău [Maldova], March 18: Moldova's parliament on Thursday approved a law on referring to the national language as Romanian in all legislative texts and the...

Mexico launches appeal in suit against U.S. gun makers

Mexico City [Mexico], March 18: Mexico has filed an appeal in a civil lawsuit against U.S.-based gun manufacturers, it said on Wednesday, looking to crack...

Vaccine-derived poliovirus detected in Burundi, Congo

Kinshasa [DR Congo], March 18:Health officials in Burundi and the Democratic Republic of Congo (DRC) have detected cases of vaccine-derived poliovirus, the World Health Organization...

Israeli soldiers killed a Palestinian in the West Bank

Jerusalem [Israel], March 18: The Israeli army announced that soldiers shot a Palestinian who approached them armed with a knife near the city of Ramallah...

Xi to hold talks with Putin in Russia in 'visit for peace'

Beijing [China], March 18: Chinese President Xi Jinping will make a state visit to Russia next week, Beijing and Moscow said on Friday.

Zionist raid in West Bank kills 4 Palestinians

Ramallah [Palestine], March 17: Zionist forces on Thursday killed four Palestinians including a teenager in the occupied West Bank, the Palestinian health ministry said, the...

US releases video of Russia drone collision

Washington [US], March 17: The United States on Thursday released a video it said shows an "unsafe" and "unprofessional" intercept by Russian military jets when...

Iran security official holds talks in UAE after Saudi-Tehran deal

Dubai [UAE], March 17: Iran's top security official on Thursday held high-level talks in the United Arab Emirates, days after a shock rapprochement between Tehran...

Thai army prevents oil spill from vessel carrying 400,000 barrels

Washington [US], March 17: The vessel containing 400,000 barrels of crude oil suffered a hull leak while undergoing routine maintenance in the Gulf of Thailand,...

The US, Russia race to recover the crashed UAV in the Black...

Washington [US], March 17: The US and Russia had high-level phone calls to discuss the US reconnaissance drone crash in the Black Sea while racing...

North Korea confirms launch of Hwasong-17 rocket and Kim's daughter was present...

Pyongyang [North Korea], March 17: North Korea says it launched the Hwasong-17 intercontinental ballistic missile (ICBM), its largest, in a test that involved leader Kim...

The "storm" of the banking crisis moved to Europe

Washington [US], March 17: When the chaos following the collapse of three US banks, Silvergate, Silicon Valley and Signature, had not yet subsided, another storm...

Tensions raging in Northeast Asia

Pyongyang [North Korea], March 17: North Korea launched an intercontinental ballistic missile as the United States and South Korea conducted their biggest joint military exercise...