In the aftermath of the Syrian civil war, a wave of optimism swept through the business community. Rasin Katta, a Syrian entrepreneur, received an unexpected call from a former business associate in Damascus. The message was clear: It was time to restart their operations and prepare the factory for production. Katta, who had relocated to Germany during the conflict, ...
In a surprising twist, US President Donald Trump recently met with Syria's new leader, Ahmed al-Sharaa, in Riyadh. This meeting marked a significant shift in US policy towards Syria. Al-Sharaa, once a notorious jihadist, has transformed into Syria's interim president. His journey from a militant leader to a political figure is as intriguing as it is controversial. Tr...
Ukraine took a firm stand against China, imposing sanctions on three Chinese companies. This action came just after President Volodymyr Zelenskyy made serious allegations against China. He claimed that China was providing weapons to Russia. China, however, has strongly denied these claims. The sanctions are significant. They prevent these companies from conducting a...
The Iranian rial has hit a new low, with one U. S. dollar now worth over a million rials. This drop happened as the country returned to work after a holiday. The exchange rate had already been falling during the Persian New Year, but it fell even further when trading resumed. In Tehran, some traders turned off their exchange rate signs because they were unsure how mu...
The diplomatic dance between the United States and Russia over Ukraine has taken a heated turn. The US President has suddenly shifted his stance towards Russia and its leader. This change in attitude comes after weeks of tense negotiations aimed at stopping the violence in Ukraine. The US President has now openly expressed his frustration with the Russian Presiden...
The United States is planning to hit countries buying Venezuelan oil with a 25% tariff. This move is part of a broader strategy to pressure Venezuela, which has been a significant oil supplier to the US. The tariff announcement came from the White House, which accused Venezuela of sending criminals to the US. This claim lacks solid evidence, raising questions about i...
Imagine this: A powerful country, Russia, is now warning another superpower, the U. S. , to keep their hands off Ukraine's valuable minerals. This all started when the U. S. President, Donald Trump, suggested giving military help to Ukraine, but only if they let the U. S. have some of their rare earth minerals in return. Russia didn't like this idea...