Bitcoin rose on Saturday above $20,000 for first time in over two months. Bitcoin, the world’s biggest and best-known cryptocurrency, rose 4.6% to $20,853 at 01:01 GMT on Saturday, adding $922 to its previous close. The cryptocurrency is up 26.4% from the year’s low of $16,496 on January 1. Ether …
Read More »Iraq ranks fifth as a supplier of crude oil to China
On Saturday, Chinese customs data showed that Iraq was the third supplier of crude oil to Chinese government refineries in December 2022. The data of the General Administration of Customs in China revealed that the largest suppliers to China in August were as follows: (from the largest) • Malaysia: 7.430 …
Read More »Ozone layer may be restored in decades, UN report says
The Earth’s protective ozone layer is “on track” to fully recover, according to a new assessment backed by the United Nations. A scientific assessment found that by around 2066, over the Antarctic, by 2045 over the Arctic, and by 2040 for the rest of the world, levels should return to …
Read More »US Banks Ready for Recession — Report
Some top US banks are preparing for an economic slowdown amid depressing forecasts of fourth-quarter profits, due to be released this week. “With most US economists forecasting either a recession or significant slowdown this year, banks will likely incorporate a more severe economic outlook,” wrote Morgan Stanley analysts, as cited …
Read More »Microsoft in talks to invest $10 bln in ChatGPT-owner OpenAI, Semafor reports
Microsoft Corp is in talks to invest $10 billion in ChatGPT-owner OpenAI as part of the funding that will value the firm at $29 billion, Semafor reported on Monday, citing people familiar with the matter. The news underscores the rising interest in the artificial intelligence company, whose chatbot has dazzled …
Read More »Infantino arrives in Basra to attend the opening ceremony of the Gulf Cup 25
The President of the International Football Association, Gianni Infantino, arrived today, Friday, in Basra to attend the opening ceremony of the Gulf 25. The reporter of the Iraqi News Agency (INA) stated that “the president of FIFA arrived in Basra to attend the opening ceremony of the Gulf 25,” noting …
Read More »USDA Approves World’s First Vaccine for Honeybees
The generational immunity treatment aims to counter the deadly American Foulbrood disease The US Department of Agriculture has granted a conditional license to the first-ever vaccine for bees, Dalan Animal Health announced on Wednesday. The Athens, Georgia-based company has developed an oral prophylactic they hope will be effective against a …
Read More »Football star Cristiano Ronaldo on his way to Riyadh to join Al Nassr club
Football star and Portugal captain Cristiano Ronaldo is on his way to Saudi Arabia where Saudi club Al Nassr announced he will display his new team’s blue and yellow colors on Tuesday. ?| @Cristiano greets his fans on the way to Riyadh to join his new club! #EKHNews_EN pic.twitter.com/XYU1fTgUhQ — …
Read More »500 lives a week at risk in UK health service crisis
A senior health official in the UK has warned that an ongoing crisis in the country’s National Health Service is putting up to 500 lives a week at risk. The President of the Royal College of Emergency Medicine, Dr. Adrian Boyle, told the British media that the NHS can’t carry …
Read More »Looted sarcophagus returned to Egypt after being kept in US museum
An ancient sarcophagus was returned to Egypt from a museum in the US after authorities determined it was looted. The nearly three meters (9.5ft) tall sarcophagus was housed at the Houston Museum of Natural Sciences, Texas until Egyptian authorities sought it back as part of government efforts to stop the …
Read More »Global economy faces tougher year in 2023, IMF’s Georgieva warns
For much of the global economy, 2023 is going to be a tough year as the main engines of global growth – the United States, Europe, and China – all experience weakening activity, the head of the International Monetary Fund said on Sunday. The new year is going to be …
Read More »2022 in review: a hinge of history?
Future historians may come to regard 2022 as a hinge in history, marking the end of one era and the beginning of another. Major war returned to Europe, with the attendant threats of nuclear strikes, the door closed firmly shut on the U.S. policy of strategic engagement with China, and …
Read More »European stocks end worst year since 2018
Leading indices have sold off on high inflation, geopolitical tensions, and tightening monetary policy Major European stock indices struggled in 2022, with most showing their worst performance since before the Covid-19 pandemic, CNBC reported on Friday. The pan-European Stoxx 600 index began the last trading day of the year down …
Read More »Iraq’s PM calls CBI to take firm steps regarding the exchange rate
The Iraqi Prime Minister, Muhammad Shia’a al-Sudani, meets on Tuesday with the Central Bank of Iraq Governor, Mustafa Ghaleb Mukheef, to discuss the financial situation. The PM media office stated that Mukheef discussed with Al-Sudani the devaluation of the Iraqi dinar against foreign currencies and the measures the bank took …
Read More »First-ever case of deadly brain-eating amoeba reported by South Korea
The parasite has killed a man who recently came back from Thailand, the health authorities say The first ever case of Naegleria fowleri, often referred to as a ‘brain-eating amoeba’, has been recorded in South Korea, the Korea Disease Control and Prevention Agency (KDCA) said on Monday. The single-celled organism …
Read More »Uganda | Injectable HIV treatment offers hope to patients
Ever since Gerald Muwonge tested positive for HIV eight years ago, keeping his viral load in check has meant carrying around vials of pills for his daily treatment regimen while dodging the stigma this could mean for a man in Uganda. But he hopes that could soon change thanks to …
Read More »Lionel Messi sets new world record for most-liked Instagram photo
A photo of Argentine soccer star Lionel Messi hoisting the World Cup trophy in the air has overtaken an egg as the most-liked post on Instagram, with more than 64 million likes. In the series of photos that Messi posted on Monday, the soccer player is seen posing individually and …
Read More »Argentina World Cup heroes greeted by millions of partying fans in Buenos Aires
Millions of Argentina fans took to the streets of Buenos Aires on Tuesday to welcome Lionel Messi and his fellow stars back from their World Cup triumph. The players will sleep at AFA headquarters for a few hours before boarding the bus later Tuesday that will take them to the …
Read More »Researchers discover over 100 new ancient designs in Peru’s Nazca lines
More than a hundred new designs discovered in and around Peru’s ancient Nazca plain and surrounding areas could bring new information to light about the mysterious pre-Columbian artworks that have intrigued scientists and visitors for decades. Following two years of field surveys with aerial photos and drones, Peruvian and Japanese …
Read More »EU countries agree gas price cap after weeks of talks
European Union nations’ energy ministers have agreed on a gas price cap, a spokesperson for the Czech Republic said on Twitter on Monday. The deal follows weeks of talks on the emergency measure that has split opinion across the bloc as it seeks to tame the energy crisis. The Czech …
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