Iraq
IFC signs $1 billion in new deals with Iraq
Iraq signed $1 billion worth of investment agreements with the International Finance Corporation (IFC), part of the World Bank Group, as the country seeks to boost its economic recovery.
The United States and eleven other countries issued a joint statement on Wednesday reiterating a call for an end to Houthi attacks in the Red Sea, according to the White House.
China called the Red Sea an important shipping lane for the international goods and energy trade © Mena Today
The United States and eleven other countries issued a joint statement on Wednesday reiterating a call for an end to Houthi attacks in the Red Sea, according to the White House.
"Let our message now be clear: we call for the immediate end of these illegal attacks and release of unlawfully detained vessels and crews," said the statement, issued by the U.S. with Australia, Bahrain, Belgium, Britain, Canada, Denmark, Germany, Italy, Japan, Netherlands and New Zealand.
"The Houthis will bear the responsibility of the consequences should they continue to threaten lives, the global economy, and free flow of commerce in the region's critical waterways."
China called the Red Sea an important shipping lane for the international goods and energy trade on Thursday, and said it is of common interest to safeguard its peace and stability.
"China opposes attacks against civilian vessels. I believe all sides need to play a constructive and responsible role in safeguarding the security of shipping lanes in the Red Sea," Chinese foreign ministry spokesperson Wang Wenbin said during a regular news briefing.
Reporting by Paul Grant; Additional reporting by Andrew Hayley in Beijing; Editing by Rami Ayyub and Raju Gopalakrishnan
Iraq signed $1 billion worth of investment agreements with the International Finance Corporation (IFC), part of the World Bank Group, as the country seeks to boost its economic recovery.
Israel's strikes targeting Hamas in Doha, hot on the heels of an Iranian hit on a U.S. base in the Gulf nation in June, could shake Qatar's image as a stable business hub as it seeks to balance commercial goals with global diplomatic ambitions.
In Istanbul, prosecutors have ordered the arrest of ten executives of Can Holding and the seizure of its vast assets, including three television channels — Habertürk, Show TV, and Bloomberg HT — on charges of fraud, tax evasion, and money laundering, Turkish media reported Thursday.
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