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UN Security Council acts to boost aid to Gaza after US abstains

United Nations

UN Security Council acts to boost aid to Gaza after US abstains

The United Nations Security Council on Friday approved a toned-down bid to boost humanitarian aid to the Gaza Strip and called for urgent steps "to create the conditions for a sustainable cessation of hostilities" after a week of vote delays and intense negotiations to avoid a veto by the United States.

Saudi tourism is doing well

Saudi Arabia

Saudi tourism is doing well

The Saudi Ministry of Tourism said the total number of tourists during the first half of 2023, reached 53.6 million, including 14.6 million inbound travelers and 39 million local tourists, marking a growth in the number of incoming visitors by 142 percent.

Turkey raises rates to 42.5%, nearing end of cycle

Turkey

Turkey raises rates to 42.5%, nearing end of cycle

Turkey's central bank lifted its key interest rate by 250 basis points to 42.5% on Thursday as expected as it faces down years of soaring inflation, but promised to end the aggressive tightening cycle as soon as possible.

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