UN Trade and Development warned on Tuesday that ongoing disruptions in the Strait of Hormuz risk permanently locking small and medium-sized enterprises out of global value chains, as soaring energy, transport and financing costs squeeze smaller firms that lack the risk-spreading capabilities of large multinationals. Large companies can distribute risks across multiple suppliers, markets and…
FILE – Britain’s Foreign Secretary Ed Miliband speaks during a press conference in Madrid, Spain, on July 29, 2026. (Leon Neal/Pool Photo via AP, File) Leon Neal/Leon Neal/Pool Getty via AP A view of the the British Consulate in east Jerusalem after Israeli Foreign Minister Gideon Sa’ar announced that Israel would close the facility in…
Kuwait’s financial reserves, foreign assets and stable dinar provide further protection against external inflation. They can help the government absorb higher import costs, secure essential supplies, support selected goods and services, maintain strategic stockpiles and invest in food and energy security. Support alone is not a sustainable long-term solution. Kuwait should use its financial strength…
The United Kingdom has announced it will ban imports originating from illegal Israeli settlements in the occupied West Bank, marking one of London’s strongest policy moves on Israel-Palestine since it formally recognised a Palestinian state last year. Addressing the UK parliament on Tuesday, Foreign Secretary Ed Miliband said Israel was carrying out “ethnic cleansing” in…
UK concludes ongoing Israel occupation of Palestinian territory unlawful and announces tough new powers against illegal settlement activity, violence, and extremism to protect two-state solution. New measures will ban imports of goods from illegal settlements and go after individuals and companies that support, facilitate or profit from illegal settlement activity Comes as Foreign Secretary takes action against Iran, and reaffirms government’s commitment to tackling antisemitism. Today the UK has set out…
Egypt and Jordan welcomed measures by the UK restricting trade linked to illegal Israeli settlements in the occupied Palestinian territories, calling for further international action to halt settlement expansion and protect the two-state solution. Egypt’s Foreign Ministry said Tuesday that the UK’s decision to ban trade in goods and certain services associated with illegal settlements…
11 US-Israel-Iran War Latest Live News: The waters around the Strait of Hormuz have once again become the centre of a rapidly widening US-Iran confrontation, with Tehran claiming fresh attacks on American vessels and oil tankers after Washington destroyed five Iranian crude carriers. The latest exchange has pushed the conflict deeper into the Gulf, raising new…
Two Israeli human rights groups welcomed the UK’s decision Tuesday to ban imports of goods produced in Israeli settlements in the occupied West Bank, calling for broader international action to end Israel’s crimes and prevent support for its “illegal settlement enterprise.” “The UK government’s recognition that ethnic cleansing is taking place in the West Bank,…
A number of energy infrastructure facilities in southern Saudi Arabia were attacked, fires broke out, and injuries were reported, the kingdom’s energy ministry said in a statement. On Tuesday, an attack on a number of energy infrastructure facilities took place in southern Saudi Arabia, and the relevant authorities are taking all necessary steps, the ministry…
In the United Kingdom, the government has banned trade in goods produced in Israeli settlements in the occupied West Bank. The decision, which the country adopted together with 11 other states, sparked a sharp reaction from Israel, BBC News World reports. Among the 12 countries that joined the joint action are France, Spain and Canada….
