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Strikes in Britain fueled by high inflation, take huge economic toll

Strikes in Britain fueled by high inflation, take huge economic toll

The first week of 2023 is marked by further strikes as workers of the Rail, Maritime and Transport union began their two 48-hour strikes from Tuesday and Friday and the train employees’ union Aslef has called strike for Thursday. Passengers, including those returning to work after the festive break, were warned to expect significant disruption as only a limited number of trains will run.

Xinhua

Egyptians share good wishes for New Year after volatile 2022

Egyptians share good wishes for New Year after volatile 2022

“I hope it will be a year of well-being and peace for the region and the entire world. I also hope our businesses will flourish again,” said Mohamed Saleh, owner of a restaurant in the Al-Hussein neighborhood near Khan El-Khalili bazaar in the Egyptian capital Cairo.

Xinhua

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World leaders extend New Year greetings, hoping for peace, prosperity

“I congratulate the great people of Egypt and the peoples of the whole world on the new year. I pray to God Almighty that it be a year of prosperity, love and peace and that we continue our work in building the future of Egypt with a spirit of challenge, persistence and determination, and that peace prevails among the peoples of the whole world. Happy New Year,” Egyptian President Abdel Fattah Al-Sisi tweeted on Saturday.

Xinhua

West's cap on Russian oil risks exacerbating Europe's energy woes

West’s cap on Russian oil risks exacerbating Europe’s energy woes

Whether the move will prove effective largely depends on market response, observers have noted. However, with opposition from Russia, the price cap could trigger growing instability in the market, slowing oil production and even further exacerbating Europe’s pain inflicted by the energy crisis and soaring inflation, they said.

Xinhua

Pakistan suffers over $30bn loss to economy due to floods: Minister

Pakistan suffers over $30bn loss to economy due to floods: Minister

“Pakistan is the most vulnerable country facing climate change. The damages and losses caused by the floods are another burden on Pakistan’s economy, which is already struggling to survive,” the minister said while addressing a ceremony at the National Flood Response Center here.

Xinhua

Iran says over 200 died in recent protests

Iran says over 200 died in recent protests

“Investigations by the authorities show that as a result of the aforementioned riots, more than 200 people have lost their lives,” the council said in a statement released by the official IRNA news agency.

Xinhua

Opinion| The COP27, geopolitical challenges, and the demands of developing countries

Opinion| Trump and Biden: Two sides of the same coin

Trump submitted the nomination papers to the Federal Election Commission, then spoke to his supporters at his residence in Florida. “To make America great again, I am tonight declaring my nomination for president of the United States,” Trump said, adding that he wants to prevent Biden from securing a second presidential term.

Marwa El- Shinawy

Symposium held to foster understanding of key CPC congress

Symposium held to foster understanding of key CPC congress

The symposium titled “Hong Ting Forum: Understanding the 20th CPC National Congress” was jointly hosted by the Institute of Party History and Literature of the CPC Central Committee and Xinhua News Agency at the Museum of the Communist Party of China in Beijing.

Xinhua

Profile: Xi Jinping leads China on new journey

Profile: Xi Jinping leads China on new journey

In the past decade, China under his leadership has witnessed historic changes, with its economy more than doubling to 114 trillion yuan (16 trillion U.S. dollars), absolute poverty wiped out and moderate prosperity attained for the country’s 1.4 billion people.

Xinhua

UK PM vows to stay on despite mini-budget chaos

UK PM vows to stay on despite mini-budget chaos

Responding to a question from the opposition Labour leader Keir Starmer on why she should remain in power during the weekly Prime Minister’s Questions (PMQs) in Parliament, Truss said: “I am a fighter and not a quitter.”

Xinhua