US President Joe Biden and congressional Republicans enter a critical week for debt-ceiling talks hoping they can find common ground on spending levels and energy regulations to avert a devastating default. Though the two sides did not appear close to an agreement, the White House has not ruled out the …
Read More »Facebook, YouTube, Twitter inaccessible in Pakistan, witnesses say
Facebook, YouTube and Twitter were inaccessible in Pakistan on Saturday after having been temporarily restored late on Friday, Reuters witnesses said. The Ministry of Interior suspended mobile broadband services across the country and blocked access to Facebook, YouTube and Twitter on Tuesday night amid unrest after former Prime Minister Imran …
Read More »Saturn reclaims ‘moon king’ title with 62 newfound satellites, bringing total to 145
The discovery of 62 ‘irregular’ moons orbiting Saturn brings the planet’s total to 145 — and hints at a chaotic past. Jupiter’s brief but glorious reign as the planet with the most moons in our solar system came crashing down this week as scientists confirmed the discovery of 62 new …
Read More »1.6 million UK households facing mortgage cost surge – Report
A British think tank has warned that nearly 1.6 million British households are yet to encounter a 2,300 pound ($2,903) payment surge following the mortgage rate increase amid the UK’s persisting housing crisis. According to the Resolution Foundation’s report, which focuses on living standards, only about half of the 7.5 …
Read More »OPEC+ crude production down in April on disruptions in Iraq, Nigeria
OPEC and its allies pumped 380,000 b/d fewer barrels of crude oil in April compared to March, according to the latest Platts survey by S&P Global Commodity Insights, as Iraq was unable to export its northern production, while Nigeria suffered major outages. OPEC’s 13 members produced 28.60 million b/d, down …
Read More »Two-thirds of young women face workplace harassment in UK: Survey
Two out of every three young women have faced sexual harassment, bullying or verbal abuse in the workplace in Britain, according to a survey published Friday. But most victims do not report incidents for fear they will not be believed or that it might harm work relationships and career prospects, …
Read More »IMF: US debt default would have global ‘repercussions’
The International Monetary Fund (IMF) has warned of severe consequences for the global economy if the United States defaults on its debt. The IMF raised the alarm on Thursday ahead of a rapidly-approaching deadline for US lawmakers to suspend or approve the raising of the government’s colossal debt ceiling. “Our …
Read More »US confiscates assets of Russian businessman for ‘rebuilding Ukraine’
The US Justice Department has announced the first transfer of assets illegally confiscated from a Russian businessman to a fund purportedly intended for “rebuilding Ukraine” amid its persisting efforts to punish entities on good terms with Moscow. US Attorney General Merrick Garland declared in a statement on Wednesday the first …
Read More »‘Unforgettable journey’: Busquets to leave Barca after 18 years
The Barcelona legend has won 31 trophies with the club, including three Champions Leagues and eight Spanish leagues. Sergio Busquets says he will end his “unforgettable journey” of nearly two decades with Barcelona at the end of the season, bringing an illustrious era at the club to an end. Busquets, …
Read More »First baby born using DNA from three people: UK
Most DNA comes from the child’s two parents but about 0.1 percent comes from a third person – another woman. The United Kingdom’s fertility regulator on Wednesday confirmed the births of the UK’s first babies created using an experimental technique combining DNA from three people, an effort to prevent the …
Read More »Champions League derby days decisive for AC Milan and Inter Milan
Milan is gearing up for its biggest local derby in a generation as two of Europe’s grand old clubs face off on Wednesday in a blockbuster Champions League semi-final. Two clashes full of colour, noise and drama await in one of the continent’s football capitals, AC Milan and Inter Milan …
Read More »FBI hacked American computers to ‘fix Russian malware’
The US federal government has claimed that it legally hacked into a network of computers infected by ‘malware’ to shut down a Russian online spying operation. A court warrant allowed FBI agents to remotely access infected computers, which officials described as an “innovative use of legal authorities.” On Tuesday, the …
Read More »Moon has solid, iron inner core just like Earth, analysis confirms
Humans and robotic landers, rovers and orbiters have all explored the moon in great detail over the past several decades. But there are still many mysteries about Earth’s companion that need to be solved. One of those puzzles concerns the moon’s inner core. Is it solid or liquid? How large …
Read More »Iraq’s Finance committee hosts daily discussions on budget allocations
The Iraqi Parliamentary Finance Committee is hosting daily meetings with ministers and concerned departments that constitute government spending units to discuss key expenditure items, financial allocations, and comparisons with the budgets of 2019 and 2021. The committee also focuses on the main sources of revenue for these units, which will …
Read More »Basra Crude Prices Show Mixed Performance Amid Global Oil Price Decline
Basra crude prices on Wednesday, showed a mixed trend amid a drop in global oil prices. Basra Heavy crude experienced a slight increase of 1.04%, rising by 75 cents to $72.75. On the other hand, Basra Medium crude prices declined by 1%, falling by 75 cents to reach $75.90. In …
Read More »Football star Lionel Messi’s move to Saudi Arabia a ‘done deal,’ source says
Argentine superstar Lionel Messi will play in Saudi Arabia next season under a “huge” deal, a source with knowledge of the negotiations told AFP on Tuesday. “Messi is a done deal. He will play in Saudi Arabia next season,” said the source, speaking on condition of anonymity and without naming …
Read More »Biden, McCarthy aim to break US debt-ceiling standoff as default crisis looms
US President Joe Biden and top Republicans and Democrats from Congress are set to sit down this week to try to resolve a three-month standoff over the $31.4 trillion U.S. debt ceiling and avoid a crippling default before the end of May. The Democratic president is calling on lawmakers to …
Read More »After a century, Iraq recovers 6,000 artifacts from Britain
As the recovery of Iraqi cultural treasures and antiquities from abroad continues, the Iraqi President, Abdul Latif Rashid, decided on Sunday to return thousands of Iraqi artifacts that Britain had borrowed. A statement issued by the Iraqi Presidency mentioned that a ceremony took place in the Iraqi Embassy in London, …
Read More »Diabetes drug Ozempic being tested for treatment of Alzheimer’s, brain disorders
Diabetes drugs that have also been used to promote weight loss, such as Novo Nordisk’s Ozempic, are being studied to tackle some of the most difficult-to-treat brain disorders, including Alzheimer’s disease. Diabetes regimens, from Ozempic to old mainstays like insulin and metformin, appear to address several different aspects of the …
Read More »IMF Forecasts Decrease in Iraq’s External Debt in 2023
The International Monetary Fund (IMF) has projected a reduction in Iraq’s external debt by $1.2 billion in 2023, according to its latest report for May, titled “Safeguarding Macroeconomic Stability Amid Ongoing Uncertainty in the Middle East and North Africa.” The report highlights that “Iraq’s external debt is expected to decrease …
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