UAE Minister of Industry: The world needs large investments in hydrocarbon energy sources

UAE Minister of Industry: The world needs large investments in hydrocarbon energy sources

Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, UAE, said that ensuring energy security is an essential factor for the continuity of sustainable economic and social growth and for making progress in climate action. Al-Jaber added, at the Energy Intelligence forum, held in London, today, Wednesday, that market sentiment does not reflect the real main foundations, limited spare capacity and long-term demand growth, and confirms the futility of policies calling for the immediate abandonment of the current energy system before developing and operating it. A new system," explaining that the world needs large investments in hydrocarbon energy…
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Lukashenko: Poland and Lithuania are massing military forces near our borders.

Lukashenko: Poland and Lithuania are massing military forces near our borders.

Belarus President Alexander Lukashenko said Tuesday, October 4, that Poland is massing military forces near the Belarusian border, and Lithuania is trying to keep up.Lukashenko stressed, at a meeting on military security issues: "Poland is the most active, a new mechanized division is being formed in the south of the Belarusian direction, and personnel brigades are being created for Poland's territorial defence in the north and east of the country." Read also: Belarusian President approves the agreement to transport goods through Russian ports The Belarusian president stressed that "the intensity of reconnaissance flights near our borders is not declining." "Operational…
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10 Years In Prison For The Owner Of The Algerian Media Group An-Nahar.

10 Years In Prison For The Owner Of The Algerian Media Group An-Nahar.

An Algerian court of appeals on Sunday upheld the 10-year prison sentence against the owner of the private Ennahar media group, Anis Rahmani, for corruption, the official APS reported. Anis Rahmani, whose real name is Muhammad Moghadam, was prosecuted, especially on charges of “misuse in bad faith of the funds of the Al-Atheer Press Company” of the An-Nahar Group, “violating the legislation regulating money and exchange”, “exploiting influence and state agents to obtain undeserved benefits” and “false declaration.” According to the same source. The court also fined Al-Atheer Press 12 million dinars (approximately 88 thousand euros) with a compensation of…
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The Coup In Burkina Faso Further Weakens France’s Influence In Africa.

The Coup In Burkina Faso Further Weakens France’s Influence In Africa.

The attempted coup in Burkina Faso further underscores the diminishing French influence in West Africa, particularly in favour of Russia, which is trying to ride a wave of hostility to Paris on the part of public opinion. The scene appears blurry in the country after the ousted head of state refused to abdicate, but the anti-French trends are neither new nor random, and they are gaining increasing momentum, while the activity of jihadist groups is expanding in the Sahel region and extending towards the Gulf of Guinea. About twenty-four hours after the coup against Lieutenant-Colonel Paul-Henri Sandaugo Damiba, who himself…
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European Leaders Meet In Prague To Face The Repercussions Of The Russian War.

European Leaders Meet In Prague To Face The Repercussions Of The Russian War.

The leaders of the European Union will meet with their counterparts from outside the bloc, Thursday and Friday in Prague, to discuss ways to respond to the tragic repercussions of the Russian war in Ukraine, according to what the President of the European Council Charles Michel announced. "In a few days we meet in Prague for two important events: the first meeting of the European Political Group on October 6 and the informal meeting of the European Council the next day," Michel said on Sunday, in an invitation to the European Union leaders. "We agreed to launch the European Political…
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An Upcoming Visit By The Spanish Prime Minister To A Global Forum In Fez Next November.

An Upcoming Visit By The Spanish Prime Minister To A Global Forum In Fez Next November.

A few months after changing the official Spanish position on the artificial conflict in the Moroccan Sahara, Spanish Prime Minister Pedro Sanchez announced his intention to attend a forum in Fez next month. Sources close to Sanchez told Spanish media that the Spanish official intends to attend the Ninth World Forum of the United Nations Alliance of Civilizations, to be organized on November 22-23 in Fez, along with his socialist predecessor Jose Luis Rodriguez Zapatero. A week ago, Minister of Foreign Affairs, African Cooperation and Moroccans Residing Abroad, Nasser Bourita, held talks in New York with the Deputy Secretary-General and…
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FIFA Sets October 21 As The Date For The Football Associations To Send The Lists Of Their Preliminary Teams That Will Compete In The World Cup – Qatar 2022.

FIFA Sets October 21 As The Date For The Football Associations To Send The Lists Of Their Preliminary Teams That Will Compete In The World Cup – Qatar 2022.

The International Football Association and the Organizing Committee for the Qatar 2022 World Cup have set October 21 as the date for the football federations to send the lists of their preliminary teams that will compete in the World Cup. And the football federations reached a letter from the International Football Association, regarding the conditions that must be adhered to, in preparation for participating in the Qatar World Cup 2022, which will be held between November 20 and December 18 next. The International Federation called on the football federations participating in the World Cup to send their preliminary lists before…
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WTO: Central Banks Have No Choice But To Raise Interest Rates Due To Inflation.

WTO: Central Banks Have No Choice But To Raise Interest Rates Due To Inflation.

The Director-General of the World Trade Organization, Ngozi Okonjo-Iweala, warned on Tuesday that the world is on the verge of a "global recession" at a time when it is facing "multiple crises." Speaking at the opening of the organization's annual general forum in Geneva, Okonjo-Iweala said that expectations had previously indicated a "post-epidemic recovery."And she continued, "But now we have to face signs of an upcoming recession," stressing that it is a "global recession." "I think that's where we're headed," she said. But at the same time, we have to start thinking about recovery. We have to get back to…
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Coup In Burkina Faso: Deposed Colonel Damiba Agrees To Resign.

Coup In Burkina Faso: Deposed Colonel Damiba Agrees To Resign.

The leader of Burkina Faso's ruling junta, Lieutenant-Colonel Damiba, deposed by Captain Ibrahim Traoré but who refused to abdicate, finally agreed to resign on Sunday, religious and community leaders said, "in order to avoid clashes," they said, two days after the coup. In Burkina Faso, the head of the deposed junta, Paul-Henri Damiba, tendered his resignation on Sunday, October 2. This was accepted by religious and community leaders as well as Captain Ibrahim Traoré, Burkina Faso's new de facto ruler, according to a statement. "Following the mediation actions" carried out by these leaders between the two rivals, "President Paul-Henri Sandaogo…
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North Korea: UN Secretary-General commits to denuclearization

North Korea: UN Secretary-General commits to denuclearization

SEOUL: United Nations Secretary-General Antonio Guterres on Friday expressed his "clear commitment" to North Korea's denuclearization during his visit to Seoul, weeks after Pyongyang said it was "ready to mobilize" its deterrent. "I would like to reaffirm our clear commitment to the full, verifiable and irreversible denuclearization of the Korean Peninsula, of North Korea," Guterres said in a meeting with South Korean President Yoon Suk-you. This is a "fundamental objective to bring peace, security and stability to the whole region", he added, according to images broadcast by local television. Before arriving in Seoul on Thursday, the UN secretary-general was in…
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