Nigeria’s construction sector is facing mounting pressure after costs surged by 20 percent within five months, driven largely by rising material prices, energy costs, and global supply chain disruptions, a new industry report has revealed. The report, published by Fortren & Company and authored by its Chief Executive Officer, Martin Uche, shows that the sharp…
Israel’s air defense systems intercept projectiles launched from Lebanon, as seen from the Upper Galilee in northern Israel, May 31, amid a ceasefire between Israel and Lebanon. EPA-Yonhap BEIRUT, Lebanon — Israel and Hezbollah exchanged fire on Tuesday while Lebanese and Israeli envoys met in Washington for direct talks, with U.S. Secretary of State Marco…
Μake us preferred on Google ATHENS — Evangelos Marinakis used his appearance at the TradeWinds Shipowners Forum to make a striking case on the Strait of Hormuz: that paying a transit fee to the nations bordering the chokepoint would be a far better outcome for shipowners than seeing the waterway closed — or than the…
U.S. Ambassador to Israel Mike Huckabee publicly acknowledged for the first time that the next security memorandum of understanding between Washington and Jerusalem will end direct financial assistance to Israel. In a post Monday night on X, Huckabee said the planned agreement would prioritize trade and economic ties over traditional security grants, marking the first…
Shlomi Bassan, Deputy CEO and Group COO of the Bazan Group, positioned Israel’s largest energy company as a critical operational system supporting the country’s economy and security during wartime at the Jerusalem Post 2026 New York Conference. “Bazan is a refinery, but this is the large energy company in Israel, a strategic company,” Bassan said,…
Israel continued to strike southern Lebanon on Tuesday as Iran-backed Hezbollah attacked its troops there despite an apparent Washington-brokered de-escalation deal and a fourth round of US-hosted talks between Lebanon and Israel. US President Donald Trump had announced an agreement to halt some attacks on Monday, but neither side has publicly accepted it and Israel’s…
54 US-Israel-Iran war has entered a new and potentially even more dangerous phase after Iran reportedly threatened to target the world’s most critical shipping routes after the Strait of Hormuz and even threatened to block the Strait of Hormuz again. The warning came after Iran suspended indirect talks with the US, blaming Israel’s expanding military…
A partial cease-fire brokered by U.S. President Donald Trump failed to stop fighting between Israel and Hezbollah in southern Lebanon and across the Israeli border. Photo by Atef Safadi/EPA June 2 (UPI) — Israel and Hezbollah continued to exchange fire on Tuesday, a day after U.S. President Donald Trump intervened to broker a partial cease-fire…
DAR ES SALAAM: THE conflict between Iran and Israel may seem distant from Tanzania. It is taking place thousands of kilometres away, involving countries with different histories, interests and geopolitical realities. Yet the economic shockwaves from that conflict have reached our shores with remarkable speed. Within weeks, global oil prices surged, freight costs more than…
France has banned the display of Israeli offensive weapons at the 2026 edition of the Eurosatory international defence and security exhibition, the organizers told AFP on Monday. “Only Israeli exhibitors presenting anti-ballistic and anti-air defense systems are authorized,” said the president of COGES Events, Charles Beaudouin, responding to an Israeli defense ministry statement that protested…
