World

China says shares similar views, positions with Russia on Middle East issue

Ihesiulo Grace 9 January 2020 0

China said on Thursday it is in close communication with parties including Russia on the Middle East issue. China and Russia share highly similar views and positions on this issue, ministry spokesman Geng Shuang said at a daily news briefing in Beijing. Iran Strikes: US military is the

Politics

Merkel holds talks with Putin on Middle East, Libya, Ukraine

Ihesiulo Grace 6 January 2020 0

Berlin/Moscow – The Kremlin on Monday announced that German Chancellor Angela Merkel is expected in Russia for talks with President Vladimir Putin regarding escalating tensions in the Middle East. Tensions have spiked in the region following the U.S. assassination of an Iranian general, Qassem Soleimani, in Iraq. Iran has vowed to retaliate. The talks between […]

Featured Politics

NATO holds emergency meeting Monday over Middle East tensions

Ihesiulo Grace 5 January 2020 0

NATO Secretary General Jens Stoltenberg has called an urgent meeting of the military alliance’s North Atlantic Council on Monday in response to growing tensions in the Middle East. The ambassador-level meeting of the alliance’s main decision-making body will address the situation in Iraq after the killing of Iranian top general Ghassem Soleimani by the U.S. […]

Aviation Business

AFRAA wants govt to develop policy for airlines ownership

Ihesiulo Grace 11 October 2019 0

African Airlines Association (AFRAA), has called on African governments to develop a policy that would enable their airlines to own airports in their countries or vice versa in order to reduce losses. Director of Government, Legal and Industry Affairs, AFRAA, Mr Aaron Munetsi, canvassed this position on the side-lines of a recently concluded African Travel […]

Business News

Oil prices to rise above $60 on tightening supply, strong demand

Ihesiulo Grace 27 October 2017 0

Oil prices rose on Monday over supply concerns in the Middle East and as the U.S. market showed further signs of tightening while demand in Asia keeps rising. Brent crude futures, the international benchmark for oil prices, were at 57.84 dollars. U.S. West Texas Intermediate (WTI) crude futures were at 52.03 dollars per barrel. The […]

News

Only Allah knows about oil prices: Saudi oil chief

Ihesiulo Grace 5 May 2015 0

With speculation rife over how long Saudi Arabia is content to see oil prices slump, the country’s oil minister told CNBC that only Allah knows where prices are heading. Influential Saudi Oil Minister, Ali Al-Naimi, told CNBC Tuesday that “no one can set the price of oil – it’s up to Allah.” The remark comes […]