European Commission President Ursula von der Leyen has arrived in Azerbaijan’s capital, Baku. The European Commission president announced her arrival in a post on X. 📍Touchdown in Baku 🇦🇿 The EU believes in a bright future for the South Caucasus: connected, peaceful and prosperous. We want to help build that future. I’m also here to…
Foreign Office minister Hamish Falconer said the UK was looking for “concrete steps” to counter settlement expansion, while “settler violence remains at record levels”. He criticised the E1 project, which would see Israel build more than 3,000 homes in the Palestinian West Bank, which Mr Falconer said would divide the area “in two” and “mark…
BAKU, Azerbaijan, July 1. The foreign ministers of Turkmenistan and Kazakhstan discussed expanding cooperation in transport, energy, and industry during talks in Ashgabat. This was reported by the Ministry of Foreign Affairs of Turkmenistan following a meeting between Foreign Minister Rashid Meredov and Kazakhstan’s Deputy Prime Minister and Foreign Minister Yermek Kosherbayev, who is on…
Israel should seek out a regional alliance that knits together ties with Greece, Cyprus and India. This is the vision that Israel’s Ministry of Defense (IMOD) Director General Maj. Gen. (res.) Amir Baram discussed at the Herzliya Conference at Reichman University on Wednesday, July 1. This is important because it once again hammers home a…
The reopening of the Strait of Hormuz has eased immediate concerns over global energy supplies. Still, the economic fallout from more than three months of shipping disruptions is likely to persist across vulnerable economies, particularly those dependent on imported oil and food, according to a new United Nations Conference on Trade and Development (UNCTAD) report…
Israel’s Finance Ministry launched a NIS 1.6 billion emergency package to support the country’s export and high-tech sectors on Tuesday as the shekel continues to strengthen sharply, a trend officials say is straining companies reliant on foreign revenue. The plan, drafted by a joint task force of the ministry and the Israel Innovation Authority (IIA),…
The reopening of the Strait of Hormuz would bring relief to global trade and energy markets, but for many vulnerable economies, the effects of the crisis will not end as soon as ships start passing through again, the United Nations Trade and Development Agency has assessed. After more than 100 days of transport disruption, shipping…
A LOT Polish Airlines commercial flight from Warsaw to Tel Aviv was diverted to Burgas, Bulgaria, on Tuesday after a hijacking alert was unintentionally triggered in flight. LOT Polish Airlines flight 155, operated by Electra Airways, took off from Warsaw at 11:35 a.m. local time, then circled over the Mediterranean Sea off the coast of…
The reopening of the Strait of Hormuz marks a pivotal moment for global trade, bringing an end to more than 100 days of severe disruption that rattled energy markets, disrupted shipping routes and sent shockwaves through economies around the world. While the restoration of maritime traffic offers immediate relief for international commerce and energy supplies,…
Market snapshot: Prime Minister Benjamin Netanyahu’s latest declaration that ‘the war is never over’ marks a definitive shift toward a permanent state of high military readiness in the Middle East. This strategic pivot signals prolonged regional volatility, directly impacting global energy prices and defense supply chains. For India, this reinforces the criticality of strategic defense…
