By Ulf Laessing | MOSUL, Iraq MOSUL, Iraq Islamic State has arrested dozens of Mosul shop owners accused of raising food prices in the nearly besieged city, to tamp down discontent as a U.S.-backed offensive closes in on the group’s last major stronghold in Iraq, residents said on Monday. The arrests took place on Sunday morning in Bursa, a commercial district in the western part of the […]
Syria’s Foreign Ministry on Monday denounced comments by Qatar that it will continue to back rebels against Syrian President Bashar al-Assad as merely an attempt “to raise the morale of the terrorist groups” in the face of army advances. Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman al-Thani told Reuters in an interview on Sunday that Doha would continue to arm Syrian rebel groups even if US President-elect […]
OPEC is embarking on a last-ditch diplomatic push to reach a production cut, with ministers flying to Russia for talks, as Saudi Arabia for the first time suggested the oil-club doesn’t necessarily need to curb output. The Organization of Petroleum Exporting Countries will meet on Wednesday in Vienna to try finalize the terms of its first production decrease in eight years. Yet the group remains divided about […]
By Michael Georgy, Isabel Coles and John Davison | MOSUL, Iraq MOSUL, Iraq Iraq’s sectarian political leaders have plunged back into a dispute over the status of Shi’ite armed groups, undermining efforts to reunite the country as its troops press on with the assault of Mosul, Islamic State’s biggest stronghold. Forty days into the biggest ground offensive in Iraq since the U.S.-led invasion of 2003, about a […]
By Isabel Coles | GOGJALI, Iraq GOGJALI, Iraq Until three weeks ago, many of Abu Osama’s customers were Islamic State militants who brought their wives and children to his pharmacy on the eastern edge of Mosul for injections and treatment. Now, most of them are Iraqi security forces who recaptured the Gogjali neighborhood earlier this month and are pushing further into the city, which has been under […]
November 27, 2016 by: Kiran Stacey in New Delhi and David Keohane in Mumbai Indian banks will have to deposit as cash all the extra money they have been given as a result of demonetisation with the Reserve Bank of India, the central bank announced this weekend. The RBI made its sudden move after the country’s banks, flush with cash, went on a bond-buying spree, bringing down […]
Here are the big questions we are asking at FT Markets into the week when the calendar flips over into December. Will Opec deliver a meaningful production cut? All eyes are on Vienna and Opec’s annual gathering with a keenly awaited decision on production levels. An Opec deal on Wednesday that delivers a concrete supply reduction of at least 1m barrels a day, with non-members such as […]
DUBAI Iran may seek to set up naval bases in Yemen or Syria in the future, as distant footholds might be more valuable militarily than nuclear technology, the chief of staff of the Iranian armed forces said in remarks published on Sunday. “We need distant bases, and it may become possible one day to have bases on the shores of Yemen or Syria, or bases on islands […]
“We have lost everything, our infrastructure, and we have nothing left to lose,” he said. “Now it is a long war of attrition.” Photo A nonfunctioning cement factory in Amran, Yemen, that was bombed twice by the Saudi-led coalition. Credit Tyler Hicks/The New York Times The Houthis’ control of such key territory has made them essential to international efforts to end the conflict, leaving policy makers and […]
As mourners carried the coffin of a slain Hezbollah commander, they moved quickly to wipe away blood still dripping from his body — it had been washed in haste as it was rushed from the battlefields of Aleppo to its final resting place in Lebanon. While Russian war planes and bombs have dominated headlines about outside intervention in Syria’s five-year conflict, thousands of those fighting on the […]
Photo Residents of the Tahir district of Mosul, which had been liberated from the Islamic State a few hours before, on Nov. 16. Credit Sergey Ponomarev for The New York Times CHICAGO — The ancient Assyrians considered the Tigris River the division between East and West, and the city I come from in Iraq is called Mosul — connection point, in Arabic — because it connects these […]
By Karin Strohecker | LONDON LONDON Turkey’s rapprochement with Russia has not changed Ankara’s position that Syrian President Bashar al-Assad must go to restore peace in the country, Turkish deputy prime minister Numan Kurtulmus said on Saturday. Russia is Assad’s main military backer while Turkey backs the rebels fighting to oust him in the six year old conflict. “We are in the same position, Assad has committed […]
Saudi Arabia pulled out of planned talks with non-OPEC nations including Russia as disagreements about how to share the burden of supply cuts stood in the way of a deal to boost prices just days before a make-or-break meeting in Vienna. OPEC officials were scheduled to meet with non-members including Russia on Monday before a ministerial meeting in Vienna two days later. The meeting was later canceled […]
Iraq’s prime minister said the country is willing to cut some of its own production, in a move that could smooth the way to a supply deal when Opec, the oil cartel, meets next week. Haider al-Abadi said Iraq would “shoulder responsibility” for some of the planned reductions of the 14-member group’s output to bolster the oil price, according to comments reported by Reuters. The price of […]
By Marc Frank | HAVANA HAVANA Fidel Castro, the Cuban revolutionary leader who built a communist state on the doorstep of the United States and for five decades defied U.S. efforts to topple him, died on Friday, his younger brother announced to the nation. He was 90. A towering figure of the second half of the 20th Century, Castro had been in poor health since an intestinal […]
Updated Nov. 26, 2016 2:23 a.m. ET Fidel Castro burst on the world scene in 1959, spawning the very image of a revolutionary with his scruffy beard, rifle and cigar, ruling Cuba for a half-century while rankling 11 U.S. presidents and helping bring the world to the brink of nuclear war. Mr. Castro, who was suffering from undisclosed illnesses, died at 90 years old, his brother, President […]
Updated Nov. 25, 2016 4:59 p.m. ET Saudi Arabian oil officials won’t attend a meeting Monday with their Russian counterparts and others, OPEC officials said, disrupting plans between the world’s two largest petroleum producers to coordinate output cuts meant to elevate slumping crude prices. The move puts renewed focus on the Organization of the Petroleum Exporting Countries to break through an impasse at the 14-nation cartel’s next […]
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This transcript has been automatically generated and may not be 100% accurate. … the state of disarray themes the unusual even for that nasty region … that all risk and peril and President Barack Obama is policy dreams … and leaving him with limited ability to control events joining us this cost is the Journal’s Washington D C bureau chief … Jerry side … Gerri thank you […]
Your daily guide to community and cultural activities across the Emirates for November 26, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Nationwide Ballet gala Get tickets now for the Ballet Grand Gala performed by the Opéra National de Paris dancers, featuring star dancer Dorothée Gilbert, and first soloists Hugo Marchand and Hannah O’Neill, who will […]
Saudi Arabia will not attend a meeting with non-Opec producers such as Russia and Kazakhstan on Monday, arguing it is pointless to gather when the 14-member oil cartel has not yet reached a deal itself. Opec ministers are due to meet next week to try and hammer out the details of the first supply cuts since the financial crisis but Iran and Iraq are still presenting potential […]
BEIRUT: Syrian government forces are trying to split opposition-held eastern Aleppo in two in a fierce ground and air assault that is taking a heavy toll on besieged civilians and rebel fighters who are battling hard to stop them, a rebel commander said.Abu Abdelrahman Nour, Aleppo commander of the Jabha Shamiya, one of the biggest groups fighting against President Bashar Assad in northern Syria, called for more […]
Video Suicide Bomber Kills Dozens in Iraq At least 80 people, many of them Shiite pilgrims visiting from Iran, were killed when a suicide bomber detonated a truck packed with explosives at a service in the southern city of Hilla on Thursday. Publish Date November 24, 2016. Photo by Alaa Al-Marjani/Reuters. Watch in Times Video » ERBIL, Iraq — At least 80 people, many of them Shiite […]
