Joe Biden asks Congress for $61.4 billion for Ukraine and $14.3 billion for Israel The president, who will have difficulty finding political consensus with Republicans in the midst of a crisis, is demanding 61.4 billion dollars (half of which would be spent on weapons) for the Ukrainian war effort, 14.3 billion (including 10.6 in armament) … Read more
Cairo, Egypt (CNN) – The Central Bank of Egypt decided, on Thursday, to maintain the deposit and lending return rates at the level of 19.25% and 20.25%, respectively, attributing the reason for this to “the consistency of the inflation data with the bank’s expectations,” while bankers believe that Increasing interest rates “is no longer the … Read more
(CNN) Ukrainian officials criticized Pope Francis’ speech to young Russians Friday, calling it “imperialist propaganda.” Pope Francis delivered a video address to the Association of Catholic Youth in Russia in St. Petersburg, during which he urged them to consider themselves “descendants of the Russian Empire.” And he said: “Never forget your heritage, you are the … Read more
Cairo, Egypt (CNN) — The relative improvement of the Egyptian economy’s indicators was reflected in the stock market’s performance, which recorded the highest level in its history during the Sunday and Monday sessions of this week, and foreign investments resumed pumping investments again with limited values after a continuous sale that lasted 18 months. Capital … Read more
Dubai, United Arab Emirates (CNN) – The Ukrainian Security Service announced that it had arrested a Russian informant, “who was preparing a Russian air attack in the Mykolaiv region during the visit of the President of Ukraine.” The State Security Department said that the alleged informant “on the eve of the last trip of the … Read more
Political analyst Ahmed Al-Shehri confirmed that “the wisdom of the Kingdom and the support of the Gulf states gave it a position to be a mediator to stop the Ukrainian-Russian war, after the end of the first round of Jeddah’s consultations on the Ukrainian crisis.” Al-Shehri said in statements to Al-Ikhbariya: “The kingdom’s wisdom and … Read more
Abu Dhabi, United Arab Emirates (CNN) – Saudi Arabia is preparing to host peace talks on Ukraine in Jeddah, on Saturday, which will include the United States in addition to a number of Western and developing countries. US officials said they would aim to develop common principles for ending the war and discuss what kind … Read more
(CNN) — The White House on Monday called “reckless and irresponsible” comments by Russian Security Council Vice Chairman Dmitry Medvedev suggesting that Russia might resort to using nuclear weapons if Ukraine succeeds in its counterattack. A spokesman for the US National Security Council said Washington “has seen no indications that Russia is preparing to use … Read more
The state-owned company Mero has started design work to expand the capacity of the European TAL pipeline. The company announced that it has selected some suppliers and technologies so far. The project for 1.6 billion crowns is supposed to increase the capacity for the Czech Republic by four million tons of oil per year from … Read more
Analysis by CNN’s Tim Lister and Anna Chernova (CNN) — Losing a single general during a war going badly can be seen as unfortunate. Losing two in 24 hours sounds like negligence, but that’s what happened to the Russian leadership in southern Ukraine, and the two cases further illustrate the shortcomings and opposition among the … Read more