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Posted on May 17, 2026

Indonesia’s Dukono volcano erupts, spewing ash 5,000 metres above peak

The 1,087-metre volcano is currently at the second-highest alert level. Earlier this month, three people were killed after Mount Dukono erupted. Another 15 people were found safe, out of which seven ...

Posted on May 17, 2026

India raises fuel prices as global energy crisis adds pressure on economy

India has raised fuel prices by 3 rupees per liter to offset losses from higher global oil prices. On Friday, gasoline in New Delhi rose to 97.77 rupees a liter, while diesel climbed to 90.67 rupees.

Posted on May 17, 2026

US says China agrees to spend billions on agricultural goods

China has agreed to purchase at least $17 billion of agricultural products from the US annually through 2028, the White House said in a fact sheet detailing President Donald Trump’s two-day summit in ...

Posted on May 17, 2026

Qatar participates in 125th Meeting of Financial and Economic Cooperation Committee of GCC

Minister of Finance H E Ali bin Ahmed Al Kuwari headed the State of Qatar s delegation participating in the 125th Meeting of the ...

Posted on May 17, 2026

Israel Q1 2026 GDP contracts 3.3% as Iran war weighs on economy

Israel’s economy shrank in the first quarter of 2026, with GDP down by an annualised rate of 3.3%, compared to GDP growth of 2.9% in 2025, the Central Bureau of Statistics reported on Sunday, even as ...

Posted on May 17, 2026

Former finance minister Kahlon to admit offense in UnetCredit collapse case

Moshe Kahlon is set to admit he failed to properly report serious UnetCredit financial irregularities while serving as company chairman.

Posted on May 17, 2026

How software development services in UAE are powering cross-border fintech and digital currency initiatives

The recent historic treaty between the UAE and the Philippines to develop interlinked central bank digital currencies (C ...

Posted on May 17, 2026

‘Forcing returns will lead to chaos in Syria,’ foreign minister tells Euronews

Al-Shaibani held political discussion with the EU's top diplomat as the country looks for assistance to rebuild its economy. Kallas says Brussels can "accompany" transition but warns minorities must ...

Posted on May 17, 2026

Bangladesh tightens grip on second test vs Pakistan, takes 156-run lead on second day

Bangladesh’s disciplined bowling has reduced Pakistan to 96-4, taking control of the second cricket test at lunch on Day 2 ...

Posted on May 17, 2026

IMF reacts to allegations that Iraq has requested financial aid

The IMF has said that it is continuing discussions on providing financial aid to countries affected by rising oil and commodity prices.

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