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Posted on February 3, 2025

Russian court hands UAE-owned warehouse assets over to Russian state, company says

All 16 warehouses of Russia's largest warehouse owner have been handed over to the Russian state, the company, Emirati-owned Raven Russia said, citing a court decision that it labelled as unlawful and ...

Posted on February 3, 2025

Global shortage causes egg price spike amid bird flu fears: Is the UAE effected?

The global egg shortage is mainly the result of a large outbreak of avian influenza, or bird flu–but is the UAE affected?

Posted on February 3, 2025

North Korea’s Economic Crisis: Solutions or More Controls?

A pattern of tightening market controls and soaring prices has culminated in an ambitious government intervention – a comprehensive plan to regulate the grain trade.

Posted on February 3, 2025

Trump’s Bid for More Oil Is a Hard Sell for Allies in U.S., Saudi Arabia

The president says lower prices could solve a range of problems, but finds early resistance in the oil market.

Posted on February 3, 2025

The China-Myanmar Economic Corridor and the Limits of China’s BRI Agency

The case of CMEC and other Chinese business activities in Myanmar show how exposed China is to escalating conflict risks, and offer insight to the role it is playing in the ongoing civil war.

Posted on February 3, 2025

Former British soldier jailed for collecting information for Iran

A British soldier was sentenced to more than 14 years in jail for collecting sensitive information for Iran and gathering the names of special forces personnel before briefly escaping from prison ...

Posted on February 3, 2025

Philippine Tycoon Andrew Tan’s Emperador Buys Mezcal Distiller To Boost Spirits Business

Emperador—the liquor arm of billionaire Andrew Tan’s Alliance Global—has bought a majority stake in Mexico’s Destileria Los Danzantes, expanding its liquor portfolio with the addition of Mezcal brands ...

Posted on February 3, 2025

Budget 2025 A Game-Changer for India’s Economy: Sudha Reddy Lauds Finance Minister Nirmala Sitharaman

The Union Budget 2025, presented today by Finance Minister Nirmala Sitharaman, has received widespread appreciation from industry leaders, including philanthropist and business leader Sudha Reddy. She hailed the budget as a game- changer for India's economy,

Posted on February 3, 2025

USS Carl Vinson strike group departs Thailand following hull-scrape incident

The USS Carl Vinson and its strike group recently steamed out of Thailand, where two of the carrier’s escorts scraped hulls.

Posted on February 3, 2025

Iran Is Developing Plans for Faster, Cruder Weapon, U.S. Concludes

As Prime Minister Benjamin Netanyahu of Israel prepares to meet with President Trump, the question of whether to strike Iran’s facilities or negotiate with Tehran appears certain to be under debate.

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