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ANKARA Turkey is conducting intense talks with Russia for a ceasefire in Syria’s Aleppo and to allow humanitarian aid into the war-ravaged city, President Tayyip Erdogan’s spokesman said on Thursday. Ibrahim Kalin also told a news conference in Ankara that Syrian government forces were carrying out crimes against humanity and war crimes in the city. (Reporting by Tulay Karadeniz and Humeyra Pamuk; Writing by David Dolan; Editing […]

By Lisa Barrington and Tom Perry | BEIRUT BEIRUT Syrian rebels in besieged eastern Aleppo called on Wednesday for an immediate five-day ceasefire and the evacuation of civilians and wounded, but gave no indication they were ready to withdraw as demanded by Damascus and Moscow. The Syrian army and allied forces have made rapid gains against insurgents in the past two weeks and look closer than ever […]

By Angus McDowall , John Davison and Stephanie Nebehay | BEIRUT/GENEVA BEIRUT/GENEVA Syria’s army and allies closed in on areas near Aleppo’s Old City on Tuesday, looking closer than ever to achieving their most important victory of the five year civil war by driving rebels out of their last urban stronghold. Rebels said on Tuesday they would never abandon Aleppo, after reports that U.S. and Russian diplomats […]

President Rodrigo Duterte. RENATO LUMAWAG/ Presidential Photo Human rights group Karapatan on Tuesday said President Rodrigo Duterte and his administration seem to be “stalling” the efforts of the peace negotiations as they refuse to release all political prisoners. “Lest the GRP’s use of the political prisoners as trump cards in the peace process will be seen as its vile attempt to set the stage to renege on […]

By Tom Perry, Isla Binnie and Vladimir Soldatkin | BEIRUT/ROME/MOSCOW BEIRUT/ROME/MOSCOW Russia said on Saturday it was ready for talks with the United States about a withdrawal of all Syrian rebels from eastern Aleppo where advances by the Russian-backed Syrian army and its allies threaten to deal a crushing blow to the rebellion. An official with an Aleppo rebel group accused Russia of backtracking on ideas agreed […]

ANKARA The Turkish military killed 20 fighters from the outlawed Kurdistan Workers Party (PKK) after they tried to attack army bases in the southeastern Hakkari province, the military said on Saturday. The fighters crossed into Turkey from northern Iraq and attempted to launch attacks on military bases in the mountainous border region, the military said, without giving further details. Turkey’s mainly Kurdish southeast has been rocked by […]

Syrian rebel leaders are in secret talks with Russia to end the fighting in Aleppo, according to opposition figures, a development that shows how the US could become sidelined in some of the Middle East’s most pivotal conflicts. Four opposition members from rebel-held northern Syria told the Financial Times that Turkey has been brokering talks in Ankara with Moscow, whose military intervention last year on the side […]

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By Angus McDowall and Tom Perry | BEIRUT BEIRUT Syrian rebels on Wednesday vowed to fight on in east Aleppo in the face of sudden government advances that have cut the area held by the opposition by a third in recent days and brought insurgents in the city to the brink of a catastrophic defeat. Gains by the Syrian army and its allies since last week have […]

PRAGUE Czech humanitarian organisation Clovek v Tisni (People in Need, PIN) has been banned from the Doneck area in eastern Ukraine by separatist authorities, the aid group said in a statement. It said it was one of two international aid groups in the Doneck area, and was helping residents with water and food supplies as well as home repairs ahead of winter. “Local authorities have taken immediate […]

He seized power audaciously in 1959 and commanded to the last a powerful personal following inside and outside Cuba. But during more than half a century in office Fidel Castro, who has died at the age of 90, metamorphosed from a popular and charismatic guerrilla leader into a traditional caudillo, an autocratic holdover from another age. At his life’s end, although bolstered by the emergence of a […]

A two-day ceasefire after nearly two years of war in Yemen expired at midday (0900 GMT) on Monday and would not be renewed, a spokesman for a Saudi-led military coalition told al-Arabiya TV, with each side blaming the other for violations. The 48-hour truce, announced unilaterally by the Saudi coalition on Friday, failed to halt fighting across the country between the Iran-aligned Houthis and Saudi-led forces, which […]

A Saudi-led military coalition will start a 48 hour ceasefire in Yemen’s war at 1pm (0900 GMT) on Saturday, the official Saudi Press Agency (SPA) reported. The truce will be extended if Yemen’s Houthi movement shows commitment to it and if the group allows humanitarian aid into areas under siege, the news agency reported. The coalition has been fighting Houthi rebels and forces loyal to former president […]

ABU DHABI // The UN High Commissioner for Refugees has praised the UAE’s pledge to take in 15,000 Syrian refugees, calling it an example for other countries to follow. “It is something I was very happy to hear in New York,” said Filippo Grandi, the UN high commissioner who was in Abu Dhabi on Saturday for the Sir Bani Yas Forum, at which the Middle East’s greatest […]

This year marks the 60th anniversary of the Suez Crisis that shocked the western world with its tangles of politics and nationalism, greed and opportunism, imperial manoeuvring and Cold War brinkmanship. Michael Doran, former White House Middle East adviser and a deputy assistant secretary in the department of defence under President George W Bush, in his new book Ike’s Gamble: America’s Rise to Dominance in the Middle […]

Russia launched its long-awaited offensive across Syria on Tuesday just hours after Vladimir Putin discussed the conflict with Donald Trump amid growing questions about how the incoming American president will deal with his Russian counterpart. Sergei Shoigu, Russia’s defence minister, said the air strikes were targeting Isis and Syrian jihadis, their ammunition depots and training camps, in the provinces of Idlib and Homs. Opposition activists said the […]

WASHINGTON — The United States’ accidental bombing of Syrian troops over the weekend has put it on the defensive, undercutting American efforts to reduce violence in the civil war and open paths for humanitarian relief. The United States had thought that if a deal to ease hostilities in Syria, struck by Secretary of State John Kerry and his Russian counterpart in Geneva nine days ago, fell apart, […]

/By Matein Khalid/The oil market has been a rollercoaster in 2016. A global financial panic triggered by China’s yuan depreciation caused Brent crude to fall below $30 a barrel in late January. I was amazed at the sheer scale of the speculative short positions accumulated by oil traders and hedge funds in both West Texas and Brent futures markets, the highest since the oil crash of 2008. The […]

|By Matein Khalid| If ever there was a year to win or lose money big time in emerging markets, 2016 was it. As an investor in the world’s dark alleys (the Third World rebranded as EM!), I am forced to dissect geopolitical, government/monetary policy, foreign exchange, flows, positioning and current account, volatility and credit cycle trends across emerging markets to develop money making strategies. It helps that I […]

|By Matein Khalid| The April payrolls data demonstrated that US economic growth has hit a soft patch. The US economy only added 160 jobs in April, less than the expected 203,000 average in the first three months of 2016. One disappointing data point does not imply a macroeconomic trend reversal since the US economy added 2.8 million jobs between March 2015 and March 2016. Statistical and measurement errors […]

|By Matein Khalid| “Stop the murder, stop the lies, out, out, you nest of spies!” So chanted the crowd outside South Africa House on Trafalgar Square in the autumnal mists of London circa 1988. The anti-apartheid struggle was the moral compass of my generation, from the Soweto riots to Steve Biko’s murder to the horrific “necklacings in the townships and killing fields of the Limpopo to Madiba’s release […]

|By Matein Khalid| It is no coincidence that the most profitable hotels on the planet are located in Makkah, the holiest city of Islam as the site of the Grand Mosque and the Kaaba. For fifteen centuries, Muslims have traveled to Makkah from all over the world for the Hajj and Umrah pilgrimages, making the city the highest source of inbound foreign visitors in Saudi Arabia. Makkah is […]

Gulfnews.com A convoy of ambulances carrying more than 125 fighters from the besieged rebel-held Syrian town of Zabadani arrive at the Masnaa border crossing between Lebanon and Syria, December 28, 2015. Beirut: A rare UN-backed deal between Syria’s warring sides saw hundreds of fighters and civilians evacuate three towns on Monday, as bomb blasts in the regime-held city of Homs killed at least 14 people. President Bashar […]

|By Matein Khalid| Geopolitics is now another source of risk for the Turkish lira, government debt and Istanbul equities. The Turkish air force is bombing Daish in Syria and the secessionist Kurdish PKK party in northern Iraq. Suicide bombings have killed Turkish citizens in eastern Anatolian cities on the Syrian border. Ankara has given the US a green light to launch military airstrikes from the Incerlik air […]

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