Italy averted further political chaos on Tuesday after Prime Minister Giuseppe Conte survived a confidence vote in the upper house of Parliament. The country had been embroiled in fresh political uncertainty over the past week after a smaller party withdrew its support for the coalition government — thus stripping it off from having a majority in Parliament. […] Read more
Lobby formation is normally initiated for the purpose of strengthening a nation’s standing and the need to activate its role on the international scene, thus, serving its interests and strategies. The emergence of lobbies is one of the most important features of the modern state. It evolved in the last quarter of the 20th century, […] Read more
Ukrainians on Sunday voted in local elections that were considered a test for President Volodymyr Zelenskyy, and likely dealt a setback to his party, according to early polls. The former comedian took office last year and promised to uproot endemic corruption and shore up a worsening economy. But out of nine major cities and regional […] Read more
The Federal Reserve Board of Governors seal. Brendan Smialowski | AFP | Getty Images A Democratic sweep in the coming U.S. elections will likely unleash more fiscal stimulus, but it could also cause the Federal Reserve to hike interest rates earlier than expected, said a Morgan Stanley portfolio manager. The first rate hike by the Fed could […] Read more
Deadly clashes between Armenia and Azerbaijan are unlikely to result in major disruptions to energy production and supplies, analysts say, despite the region being a critical corridor for pipelines transporting oil and gas to the global markets. “There is not really much anticipation that this will boil over into something more serious for oil and commodity […] Read more
Prompted by Arab states normalising relations with Israel, fractured Palestinian political factions are working diligently in multilateral talks to restore unity and mend the division between the Gaza Strip and the West Bank in negotiations far more promising than previous efforts. The United Arab Emirates (UAE) and Bahrain’s foreign ministers will sign on Tuesday an […] Read more
European leaders are meeting for a fourth consecutive day on Monday to continue tense negotiations over a 750-billion-euro ($858 billion conversion) recovery fund. The European Commission, the executive arm of the EU, suggested in May tapping the markets to mitigate the economic shock from the coronavirus. However, European capitals have not agreed on how to divide […] Read more
Diplomatic ties between Washington and Berlin have declined markedly in recent years and Germany’s foreign minister has appeared to warn that relations between the two countries may never be the same again. In the biggest signal yet of how strained relations have become, Heiko Maas said this weekend that the alliance with the U.S. — […] Read more
In a speech delivered by Crown Prince Mohammed Bin Salman, at the end of the G20 2019 Osaka Summit, HRH welcomed hosting the Riyadh G20/2020 Summit, and touched upon a number of very globally important issues related to the G20 in general, and the Riyadh 2020 Summit in particular. In his Osaka Summit speech, The […] Read more
Saudi American relations have reached a level of maturity where the two countries are keen to maintain these strong ties, and continuously develop them, whatever may be the circumstances. Both countries have a longstanding relationship that has deepened with common desire for greater cooperation. Over the years, the leaders of Saudi Arabia and the US, […] Read more
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