Debt Deal
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US senators voted to suspend the federal debt limit Thursday, capping weeks of fraught negotiations to eliminate the threat of a disastrous credit default just four days ahead of the deadline set by the Treasury.Economists had warned the country coul...
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In a goodwill gesture to end the eight-year-old war in Yemen between the Iranian-backed Houthi group and the Saudi-backed transitional government, a new deal for a truce and ceasefire is close to being reached.Saudi Arabia has dispatched a peace dele...
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In a sign of a geopolitical change in the Middle East, big rivals Saudi Arabia and Iran reached a deal to resume diplomatic ties. The rare breakthrough came under the brokerage of China, the main rival of the US.
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A historic agreement has been reached between Lebanon and Israel over the disputed maritime borders, which is seen as a positive step for both sides for exploiting natural gas, albeit under US/European pressure.The Lebanese presidency and Israeli cab...
