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Hezbollah Avoids US Sanctions… Electorally

A clause in Lebanon’s new electoral law allowed Hezbollah to circumvent US financial sanctions that ban the party from opening bank accounts.   US financial sanctions prohibit Lebanese banks from opening accounts for people linked to Hezbollah, although the party’s deputies in Parliament have acco

Exclusive - Winners and Losers from the Egypt-Israel Gas Deal

Over the past week, the debate has raged at research and economic centers over the news that Egypt signed a deal to import gas from Israel.

Lack of Financial Resources Deepens Algerian Government’s Problems

The Algerian government is passing through its most difficult times since Prime Minister Ahmed Ouyahia came to power on August 15, as a result of scarcity in financial resources, the strike of doctors and teachers, and the criticism of local and international organizations over the condition of huma

Afghanistan: Deadly Taliban Attack on Army Base

Taliban militants have attacked an Afghan army post and killed 18 government soldiers, the defense ministry said on Saturday, while multiple suicide bombings killed several people. Militants attacked a government army post overnight on Friday in the western province of Farah, a Ministry of Defens

UN Wants Prosecutions for At Least 41 South Sudan Officials

A UN rights commission in South Sudan said Friday there was sufficient evidence to charge at least 41 senior officers and officials with war crimes and crimes against humanity in the country’s four-year-old civil war. The UN Commission on Human Rights in South Sudan said soldiers and officials lo

Trump Warns of ‘Phase Two’ after More North Korea Sanctions

Washington said on Friday it was imposing its largest package of sanctions to pressure North Korea to give up its nuclear missile program, and US President Donald Trump warned of a "phase two" if the steps did not work. In addressing the Trump administration's biggest national security challenge,

Euro Set for 2nd Biggest Weekly Drop in 4 Months

Thе еurо ѕlірреd оn Frіdау аnd іѕ ѕеt tо роѕt іtѕ ѕесоnd bіggеѕt wееklу lоѕѕ іn nеаrlу fоur mоnthѕ аѕ іnvеѕtоrѕ fосuѕеd оn аddіng hеdgеѕ tо thеіr роrtfоlіоѕ bеfоrе а bіg wееk fоr fоrеіgn еxсhаngе mаrkеtѕ frоm а Eurореаn роlіtісѕ реrѕресtіvе. Thе оutсоmе оf thе Itаlіаn gеnеrаl еlесtіоn іѕ duе оn M

Ethiopia Likely to Appoint Abiy Ahmed as First Muslim Prime Minister

Ethiopia appears to be on the way to appointing its first Muslim prime minister, in a first for the African country. Dr.

Haley: Trump’s Peace Plan ‘Won't be Loved by Either Side’

The United States ambassador to the United Nations, Nikki Haley, has said that a proposal for a long awaited peace plan between Israelis and Palestinians is near completion. “The plan won't be loved by either side.

Saudi FM: We are Not Relying on German Arms Exports

Saudi Foreign Minister Adel al-Jubeir questioned on Friday the German government’s decision to bar weapons exports to countries that are involved in the war in Yemen. He said: “We do not rely on German exports and we therefore do not need their arms.” “We can get them from some where else,” he

Tensions Flare in East Mediterranean Gas Scramble

The scramble for gas in the Eastern Mediterranean is fueling tensions across the region. Off the divided island of Cyprus on Friday, Turkish warships forced back an Italian drillship after a two-week standoff, Agence France Presse reported. At the same time the US is trying to mediate between