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Russia says considering dropping US dollar in defense industry trade

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Russia says considering dropping US dollar in defense industry trade

File Photo Russia said the U.S. dollar’s instability is pushing it to search for for other ways to settle payments with its defense industry partners. “Today, there are a lot of questions regarding the U.S. dollar, the main currency for payments under export contracts. First, how reliable is this currency? There is no certainty what […]

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Afghanistan: Rockets hit near Kabul presidential palace Multiple rockets hit in capital’s diplomatic area, police say, as security forces and fighters clash in old quarter.

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Afghanistan: Rockets hit near Kabul presidential palace Multiple rockets hit in capital’s diplomatic area, police say, as security forces and fighters clash in old quarter.

  Security forces bombed a house where they believe the rockets were fired from [Rahmat Gul/AP Photo] The Taliban has fired several of rockets at the presidential palace in Kabul as the Afghan president was delivering his holiday message for the Muslim celebrations of Eid al-Adha, police said. The attack on Tuesday prompting a ferocious […]

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Two Islamic State sucide bombers killed before blowing themselves up in Mosul by by Mohammed Ebraheem

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Two Islamic State sucide bombers killed before  blowing themselves up in Mosul by by  Mohammed Ebraheem

An Islamic State militant Nineveh (IraqiNews.com) – Two suicide bombers of Islamic State were killed Monday before blowing themselves up in the city of Mosul, a security source was quoted as saying. Speaking to Shafaq News website, the source said, “two IS members wearing explosive belts managed to infiltrate into al-Owainat village in Rabia district, […]

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What McDonald’s can teach us about the North Korean economy

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What McDonald’s can teach us about the North Korean economy

 There are some unlikely parallels between the Golden Arches and the DPRK’s nascent private sector North Korea is a very unusual place to do business. Markets are legal, but private property is not. Individuals cannot own machinery, land, or industrial buildings. Actually, North Koreans do not even own their own houses – they just hold tenancy rights.     Yet, […]

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War-separated families meet for first time in 65 years

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War-separated families meet for first time in 65 years

Lee Keun-sum, left, 92, from South Korea, hugs her son Ri Sang-chul, 71, from the North, at Mount Kumgang, a scenic resort on the North’s east coast. They split in 1951, when the son was only four, at the height of Korean War. Eighty-nine South Koreans, mostly in their 70s and older, met about 180 […]

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German trade surplus still largest in the world

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German trade surplus still largest in the world

Container ships in Hamburg harbour. Experts put Germany’s account surplus down to a high proportion of exported goods. Photo: DPA According to the Institute of Economic Research (IfO), Germany will have the biggest account surplus in the world for the third successive year in 2018. It is not only Donald Trump who is irritated by […]

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US rejects Turkey’s offer to release pastor: report

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US rejects Turkey’s offer to release pastor: report

File photo of US pastor Andrew Brunson (C), arrives at his in Izmir, Turkey. (AP) President Donald Trump’s administration has rejected Turkey’s offer to condition the release of an American pastor on clearing a top Turkish bank of billions of dollars in US fines, media reported Monday. Washington and Ankara are locked in a bitter […]

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Knifeman killed in attack on police station in Barcelona

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Knifeman killed in attack on police station in Barcelona

File photo of an officer from the Catalan police force. Photo: AFP A man armed with a knife was killed when he attacked a police station near the northeastern Spanish city of Barcelona early Monday, police said. “A man armed with a knife entered the police station in Cornella to attack the officers. The attacker was […]

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Stable Turkish lira, strong economy benefits everyone, European leaders emphasize

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Stable Turkish lira, strong economy benefits everyone, European leaders emphasize

After tensions with the U.S. hit the Turkish lira, German leaders repeatedly underscored that a strong Turkish economy is important for the stability of Turkey’s European partners. Turkey’s European allies continue to emphasize the country’s significance for the benefit of all partners as U.S. President Trump’s threats of sanctions against a longtime NATO ally continue […]

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Trump said to tell Jordan king: Israel will have a PM named Muhammad if no deal Israel’s Channel 10 claims the US president made the remark half-jokingly after Abdullah warned that many young Palestinians now want ‘one state with equal rights’

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Trump said to tell Jordan king: Israel will have a PM named Muhammad if no deal Israel’s Channel 10 claims the US president made the remark half-jokingly after Abdullah warned that many young Palestinians now want ‘one state with equal rights’

Jordan’s King Abdullah II (L) and US First Lady Melania Trump (R) listen while US President Donald Trump makes a statement for the press before a meeting in the Oval Office of the White House June 25, 2018 in Washington, DC. (AFP/Brendan Smialowski) US President Donald Trump reportedly told Jordan’s King Abdullah II at the […]

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