Middle East News

  • Warships move in key strait as airstrikes widen in Yemen

    SANAA, Yemen (AP) — As airstrikes in Yemen intensified on their second day Friday, Egypt and Saudi Arabia were considering an intervention on the ground, aimed at giving the president a secure foothold to return to the country, while backing Sunni tribesmen to fight against Shiite rebels and their…

    Associated Press17 mins ago
  • US stock indexes are slightly higher at end of a tough week

    NEW YORK (AP) — U.S. stocks were flat to slightly higher in a quiet session Friday, giving investors a break after four straight days of losses. The price of oil slipped following a big gain the day before, when traders worried that the escalating conflict in the Middle East would affect the flow…

    Associated Press23 mins ago
  • Israel to stop withholding Palestinian tax revenues

    JERUSALEM (AP) — Israel said Friday that it will transfer Palestinian tax revenues it has been withholding as punishment for the Palestinians' application to join the International Criminal Court.

    Associated Press27 mins ago
  • Swedish poet Tomas Transtromer dies at 83

    STOCKHOLM (AP) — Swedish poet and Nobel Literature Prize winner Tomas Transtromer has died at age 83, Swedish publisher Bonniers said Friday.

    Associated Press
  • EU weighs new methods to coax Israel back to peace talks

    BRUSSELS (AP) — The European Union is assessing new ways to push Israel back to the peace negotiating table with the Palestinians for a deal based on a two-state solution, working in tandem with the United States, EU officials say.

    Associated Press
  • Bernie Ecclestone casts doubt on German, Italian GPs

    SEPANG, Malaysia (AP) — The German Grand Prix could remain off the sport's calendar after this year's cancellation, and the iconic Italian GP may be next to go, Formula One commercial head Bernie Ecclestone said Friday.

    Associated Press
  • Stocks recover their poise ahead of US economic data

    LONDON (AP) — Global stock markets on Friday recovered their poise after the previous day's losses when investors were spooked by the escalating conflict in Yemen. However, oil prices slipped back from Thursday's sizeable advance when traders worried about the conflict's impact on oil supplies.

    Associated Press
  • Swiss private bank UBP buys international arm of Coutts

    State-rescued Royal Bank of Scotland on Friday said it has sold the international arm of Coutts private bank to Swiss peer Union Bancaire Privee (UBP) for an undisclosed amount. The part-sale of Coutts, which counts Queen Elizabeth II among its rich and famous clients, is in line with RBS's…

    AFP
  • Yemen weighs on Asian shares, Japan gains on stimulus hopes

    TOKYO (AP) — Asian shares were lackluster Friday as investors monitored violence in the Middle East but Japan's market rose after weak economic data boosted hopes for more central bank stimulus.

    Associated Press
  • With Yemen strikes, Saudis show growing independence from U.S.

    By Matt Spetalnick, Warren Strobel and Mark Hosenball WASHINGTON (Reuters) - Saudi Arabia kept some key details of its military action in Yemen from Washington until the last moment, U.S. officials said, as the kingdom takes a more assertive regional role to compensate for perceived U.S.…

    Reuters
  • Turmoil in Yemen escalates as Saudi Arabia bombs rebels

    SANAA, Yemen (AP) — The turmoil in Yemen grew into a regional conflict Thursday, with Saudi Arabia and its allies bombing Shiite rebels allied with Iran, while Egyptian officials said a ground assault will follow the airstrikes.

    Associated Press
  • Yemeni leader Hadi leaves country as Saudi Arabia keeps up air strikes

    By Khaled Abdallah and Sami Aboudi SANAA/ADEN, Yemen (Reuters) - Yemen's President Abd-Rabbu Mansour Hadi left his refuge in Aden for Saudi Arabia on Thursday as Houthi rebels battled with his forces on the outskirts of the southern port city. Throughout the day, warplanes from Saudi Arabia and…

    Reuters
  • Turkey's Erdogan says can't tolerate Iran bid to dominate Middle East

    By Humeyra Pamuk ISTANBUL (Reuters) - Turkish President Tayyip Erdogan accused Iran on Thursday of trying to dominate the Middle East and said its efforts have begun annoying Ankara, as well as Saudi Arabia and Gulf Arab countries. Turkey earlier said it supports the Saudi-led military operation…

    Reuters
  • Iran's Rouhani intervenes as deadline for nuclear deal approaches

    By John Irish and Louis Charbonneau LAUSANNE, Switzerland (Reuters) - Iran's president spoke with the leaders of France, Britain, China and Russia on Thursday in an apparent effort to break an impasse to a nuclear deal between Tehran and major world powers. He also raised the Saudi-led military…

    Reuters
  • Obama discusses Yemen, Iran in call with Turkey's Erdogan

    WASHINGTON/ISTANBUL (Reuters) - President Barack Obama spoke with Turkish President Tayyip Erdogan on Thursday about pressing issues in the Middle East, including the crisis in Yemen, the White House said. The hour-long call was initiated by Turkey, sources in the Turkish president's office said. …

    Reuters
  • Oil prices jump almost 5 percent as tensions mount in Yemen

    The price of oil rose sharply on Thursday as mounting tensions in Yemen got traders worried that the flow of crude from the Persian Gulf region could be disrupted.

    Associated Press
  • Metta World Peace says he can still make an impact

    MILAN (AP) — Metta World Peace had barely landed in Italy when the former NBA All-Star was soon singing with fans of his new team and thinking of a second season.

    Associated Press