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☆ The genius Roman creations that still amaze us today
▼ + stars: | 2024-03-23 | by ( Guy Kesteven | ) edition.cnn.com time to read: +13 min

That’s because Roman passions for outrageous, oversized architecture went hand in hand with detailed record-keeping and relentless imperial PR. We should warn you that the lines to get in now are likely even longer than the Roman ones though. While it was forgotten for over 1,000 years, this UNESCO World Heritage site now gets over 2,500,000 visitors a year. Mahmud Turkia/AFP/Getty ImagesWhat: Spectacularly preserved Roman portWhere: Libyan coastWhoa: Seeing is still not believingThe undoubted winner of the “most incredible Roman site you’ve never heard of” award is Lepcis Magna. That’s made this dramatic structure a designated UNESCO World Heritage site and well worth a visit on any Roman road trip across Europe.

Persons: Genghis, Marco Cantile, Volcanically, Pliny, hadn’t, That’s, Pont du, Pont, it’s, Mahmud Turkia, you’ve, Magna, Septimus Severus, “, Emperor Augustus, Tiberius, Domitian, Nero, Maximus, Don’t, Augustus, Vindolanda, Hadrian, Antonine, Aphrodisia, Caracalla, Caracalla aren’t, Diocletian, Guy Kesteven, Sarah, Freya Organizations: CNN, Scottish Borders, UNESCO, Heritage, Lepcis Magna, Getty, Coliseum, YouTube, Royal Holloway University Locations: Rome, Africa, Scottish, Italy, Herculaneum, Naples, Mount, Gardon, France, AFP, Libyan, Libya, Palatine Hill, Trier, Germany, Europe, England, Roman, Scotland, Anatolia, Turkey, Aphrodisia, Caracalla

CAIRO (AP) — The European Union on Sunday announced a $8 billion aid package for cash-strapped Egypt amid concerns that economic pressure and conflicts and chaos in neighboring countries could drive more migrants to European shores. The package includes both grants and loans over the next three years for the Arab world’s most populous country, according to the European Union Mission in Cairo. The package drew criticism from international rights groups over Egypt’s human rights record. Amnesty International decried the deal and urged European leaders not to be complicit with human rights violations taking place in Egypt. “EU leaders must ensure that the Egyptian authorities adopt clear benchmarks for human rights, said Amnesty International’s Head of the European Institutions Office, Eve Geddie in a statement.

Persons: Ursula von der Leyen, Eve Geddie, Geddie Organizations: Union, Sunday, European, Mission, EU, Amnesty International, Amnesty, Office Locations: CAIRO, Egypt, Belgium, Italy, Austria, Cyprus, Greece, Cairo, Libya, Africa, Saharan Africa, Europe, Israel

☆ EU to Bolster Egypt Ties With Billions in Funding
▼ + stars: | 2024-03-16 | by ( March | At P.M. | ) www.usnews.com time to read: +4 min

The agreement is designed to enhance cooperation in areas including renewable energy, trade, and security while delivering grants, loans and other funding over the next three years to support Egypt's faltering economy. War in Israel and Gaza View All 222 ImagesInflation has been running close to record highs and many Egyptians say they struggle to get by. Of that, funding from the European Union is expected to total $5-6 billion, Finance Minister Mohamed Maait told Asharq Business. Egyptian officials say Egypt deserves recognition for hosting an estimated nine million foreign residents and largely shutting off irregular migration from its north coast since 2016. CROSSINGS VIA LIBYABut there has been a surge in Egyptians trying to cross to Europe via Libya, and the European Union is already providing funding aimed at reducing those flows.

Persons: Ursula von der, Mohamed Maait, Abdel Fattah al, Egypt's, Patrick Werr, Philip Blenkinsop, Renee Maltezou, Aidan Lewis, Nick Zieminski Organizations: IMF, Diplomats, Cypriot, European, Asharq Business, Rights Watch Locations: CAIRO, Egypt, Cairo, Israel, Gaza, Sudan, Qatar, United States, European Union, LIBYA, Europe, Libya, Crete, Gavdos, Bangladesh, Pakistan, Tunisia, Mauritania, U.S

☆ Drones have turned the tables in recent African wars
▼ + stars: | 2024-03-16 | by ( Paul Iddon | ) www.businessinsider.com time to read: +7 min

Drones recently supplied to Sudan by Iran are already making an impact in that country's brutal civil war. Similar types of drones played decisive roles in turning the tables in two previous African civil wars in recent years and could do so again. "It should come as no surprise that these drones are being used in wars around the world," Rogers told BI. In this context, drones are useful to achieve specific objectives, but they will not win the war alone," Rogers said. RANE's Dodd also credited Ethiopia's drone procurements for decisively "turning the tide" of the Tigray War.

Persons: —, Remi Dodd, RANE, it's, Dodd, James Patton Rogers, Rogers, Turkey's TB2, Loong, Debretsion Gebremichael, RANE's Dodd Organizations: Service, Business, Sudanese Armed Forces, Rapid Support Forces, United, Ethiopian, Tigray, Libyan National Army, Cornell Brooks Tech, Institute, Cornell University, American Warfare, Anadolu, Getty, Democratic Locations: Sudan, Iran, Iranian, Turkey, United Arab Emirates, Ethiopia, Libya, Tripoli, Omdurman, Tehran, Red, Yemen, Ukraine, Tigray War, Tigray, Addis Ababa, Ukrainian, New York, Donetsk, Nigeria, DRC, Democratic Republic of Congo, Burkina Faso

☆ US wants to reopen embassy in Libya
▼ + stars: | 2024-03-11 | by ( Jennifer Hansler | ) edition.cnn.com time to read: +2 min

CNN —The United States wants to reopen an embassy in Libya - a decade after suspending operations there – as Russia maintains an influential foothold in the country. A State Department official said Monday that the US is in “active negotiations for an interim facility that would provide appropriate security and staffing support” in the capital city of Tripoli. The move to reopen a US diplomatic compound in Libya comes as Moscow holds significant influence in the country. Ambassador J. Christopher Stevens and three other Americans were killed in that attack. The US continues to advise citizens not to travel to Libya “due to crime, terrorism, civil unrest, kidnapping, and armed conflict.”CNN’s Haley Britzky contributed reporting.

Persons: Michael Langley, Antony Blinken, J, Christopher Stevens, ” CNN’s Haley Britzky Organizations: CNN, Facility, State Department, Russian Federation, ”, Corps, US Africa Command, Diplomatic Security Locations: United States, Libya, Russia, Malta, Tripoli, ”, Moscow, Russian, Maghreb, Morocco, Pacific, Eastern Caribbean, Libyan, Benghazi

☆ This Ramadan, American Muslims say they feel urgent need to send aid to Gaza as threat of mass starvation looms
▼ + stars: | 2024-03-11 | by ( Monica Haider | ) edition.cnn.com time to read: +8 min

On Friday, the European Union announced it’s opening an emergency maritime aid corridor from Cyprus to Gaza with allies including the US. The day prior, President Joe Biden announced the US Military is planning to build a temporary port along the Gaza coast to try to deliver much-needed humanitarian relief. In 2023, the nonprofit Islamic Relief raised more than $30 million in online donations during Ramadan, according to a spokesman for the organization. The charity, Human Appeal, has provided humanitarian relief in Gaza since 1991, according to Samina Taj, the organization’s associate director of communications. Since the start of the war in Gaza, Taj said their teams have mobilized to try to meet the desperate need for aid.

Persons: Nadia Duwaik, Duwaik, Joe Biden, Israel, Rashid, Dawoud Abo, Jad Shaheen, they’re, ”, ” Duwaik, she’s, Awrad Saleh, “, ” Saleh, Khan, It’s, it’s, Allah, Nasma, Shehadeh, ” Shehadeh, Ashraf Amra, Taj, Ramadan, Noor Traina, Traina Organizations: CNN, Ministry of Health, United Nations, European Union, Military, Dawoud Abo Alkas, Anadolu Agency, Getty, West Bank, Palestinian Children’s Relief, United Nations Agency, Islamic Relief, Islamic, The United Nations Relief, Works Agency for Palestinian Refugees Locations: Israel, Gaza, United, Cyprus, al, Gaza City, Palestinian American, West, Palestine, Khan Yunis, Rafah, Bethlehem, New York, East, Egypt, Washington , DC, Libya

☆ Libyan leaders agree to form new unified government
▼ + stars: | 2024-03-11 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

Reuters —Three key Libyan leaders said on Sunday they had agreed on the “necessity” of forming a new unified government that would supervise long-delayed elections. The leaders are the president of the Presidential Council (PC) Mohamed Menfi, the head of High State Council (HSC) Mohamed Takala, who are both based in Tripoli, and Aguila Saleh, speaker of the House of Representatives (HoR) in Benghazi. In a joint statement, the three leaders also called on the UN Mission in Libya and the international community to support their proposals. Dbeibah has vowed not to cede power to a new government without national elections. Last week, Central Bank governor Sadiq Kabir wrote to parliament asking it to approve a new unified government and a national budget over GNU extent spending.

Persons: Mohamed Menfi, Mohamed Takala, Aguila Saleh, ”, General Ahmed Aboul Gheit, ” Menfi, Menfi, Abdulhamid, Dbeibah, Sadiq Kabir Organizations: Reuters, Presidential Council, High State, UN, Arab League, Government of National Unity, GNU, Central Bank Locations: Libya, Tripoli, Benghazi, Cairo, UN, NATO

☆ The once-forgotten flying wing has taken over the US's bomber fleet
▼ + stars: | 2024-03-09 | by ( Ben Brimelow | ) www.businessinsider.com time to read: +11 min

Originally designed before America's entry into the Second World War, the YB-49 flying wing was intended to be America's first intercontinental bomber. US Air ForceThe flying wingThe YB-49 was the final iteration of a flying wing bomber concept created by legendary aircraft designer Jack Northrop, founder of the Northrop Corporation. A larger test aircraft, the N-1M, was tested in July of 1940, proving the potential of the flying wing design. The problems with aerial instability could now be solved by computers utilizing fly-by-wire technology and differential thrust, and so a flying wing design was submitted. In order to maintain a powerful bomber force and to keep up with technological innovation, the Air Force launched the Long Range Strike Bomber program in 2011.

Persons: —, Northrop Grumman, Jack Northrop, Northrop, Dunne, elevons —, William Lewis, Defense Lloyd Austin Organizations: Service, US Air, US Air Force, Northrop Corporation, United States Army Air Forces, US Army Air Forces, Britain, USAAF, Air Force, Flag, Nellis, Nellis Air Force Base, Raider, Technology Bomber, Northrop, ATB, Defense Locations: Nazi, Europe, British, Jan, Yugoslavia, Iraq, Afghanistan, Libya

☆ How a British tank museum is helping Ukraine to repair its Soviet-era armor
▼ + stars: | 2024-03-09 | by ( Cameron Manley | ) www.businessinsider.com time to read: +4 min

Read previewA tank museum in England is helping Ukrainians in the fight against Russia. Home to over 300 tanks from 26 countries, The Tank Museum in Bovington possesses an archive of manuals, diagrams, and documents on repairing Soviet-era tanks and armor damaged while battling for Ukraine. Using these archives and its track specimens, The Tank Museum has been working with County Durham-based Cook Defense Systems to produce replacement tracks and drive sprockets.. The Tank Museum is a surprise hit on social mediaNor is this the first time that the museum has used its expertise to help out modern-day armies. AdvertisementThe Tank Museum is close to the British Army's Bovington Garrison where it trains all soldiers destined for regiments equipped with armoured vehicles.

Persons: —, David Willey, Finnbarr Webster, Rishi Sunak, Volodymyr Zelensky, Andrew Matthews, Garrison, Volodymyr Zelenskyy Organizations: Service, Russia, The Tank, Tank, Cook Defense Systems, Business, Cook Defence, UK's Ministry of Defence, Cook Defense, Museum, British Army, The, British Royal Air, Tank Museum, RAF Tornado, British, Challenger Locations: England, Bovington, Ukraine, County Durham, Germany, Libya, Lulworth , Dorset, Ukrainian

☆ ‘Io Capitano,’ Italy’s Oscar Nominee, Doesn’t Tell the Whole Story - The New York Times
▼ + stars: | 2024-03-04 | by ( Richard Braude | ) www.nytimes.com time to read: +2 min

Of all the offerings this Oscar season, one stands out: “Io Capitano.” A nominee for best international feature film, the film is a visually stunning and often harrowing account of the journey from West Africa to Europe. At a time when Italy’s far right is in government, introducing draconian anti-migrant laws amid a flood of poisonous rhetoric, “Io Capitano” represents an important intervention by its director, Matteo Garrone. Wolof dominates the script, claiming a place for a language that, though present in Italian society, has been nearly absent from Italian cinema. Yet for all its achievements, the film doesn’t tell the whole story. “Io Capitano” owes its title to the final scenes of the film in which the Senegalese protagonist, Seydou, is strong-armed into helming a rusty fishing trawler that takes him and hundreds more from Libya to Lampedusa, Italy’s southernmost island.

Persons: ”, Matteo Garrone, Garrone, Walt Whitman’s, — “ Locations: West Africa, Europe, Senegal, Senegalese, Libya, Lampedusa

Lives Ended in Gaza Since the war started, more than 30,000 people have been killed during Israel’s bombardment and invasion. Hamas ruled Gaza and ran a covert military organization, the identity of its fighters unclear, even to other Gazans. She worked with people who had been wounded and displaced by Israeli attacks on Gaza as well as with first responders. She moved to Egypt after the 2014 Gaza war but returned a few months before the current war. He performed complicated operations on Gaza’s war wounded while running Abu Yousef Al-Najjar Hospital in Rafah until his retirement.

Persons: Israel, Marah, Farah, Farah Alkhatib, Kinder, Selena al, Lubna Elian, Yousef Abu Moussa, Abdulhadi, Maram, Youmna Shaqalih, Abdulrahman Abuamara, Ghadeer Mohammed Mansour, Salah, Khaled Jadallah, Doaa Jadallah, Mahmoud Alnaouq, Jannat Iyad Abu Zbeada, Rami Abu Reyaleh, Alhelou, “, ”, —, Faida AlKrunz, Saud AlKrunz, tinker, Ahmed Abu Shaeera, Al Aqsa, Youssef Salama, Hedaya Hamad, Salah Abo Harbed, Jeries Sayegh, Inas, “ Sara ”, ” Sayel, Ai Wei Wei’s, Heba Zagout, Ali, Amneh, Belal Abu Samaan, Israel ”, Abu Yousef Al, Abdallah Shehada, Tarazi, Heba Jourany, Osama Al, Haddad, Riyad Alkhatib, ” Mahmoud Elian Organizations: UNICEF, Oxygen, Al, Awda, F.C, Barcelona, Facebook, Islamic, Palestinian Authority, Palestine Red Crescent Society, Free Gaza Circus, Christian, Officially, American International School, Palestine Athletics Federation, Najjar, United Nations, West Bank Locations: Gaza, Israel, Spain, Norway, Italian, Australia, Egypt, Turkey, Bolivia, Argentina, Panama, Mexico, Qatar, Al Aqsa, Jerusalem, “ Palestine, Palestine, Saudi Arabia, Palestinian, Old City, Mazaj, Gaza City, Manhattan, Chicago, Mecca, Rafah, Libya, Uganda, Ireland

☆ Opinion: Why Iran hates America
▼ + stars: | 2024-02-24 | by ( Fareed Zakaria | ) edition.cnn.com time to read: +7 min

Iran, and particularly its hostile relationship with the US, is firmly at the center. The story is more complicated than that, as I lay out in my CNN special report “Why Iran Hates America,” airing Sunday at 8 p.m. and 11 p.m. But suffice it to say that America’s relationship with Iran has been hostile and confrontational for more than four decades. Washington has viewed the fall of the Shah’s Iran as a deep betrayal from which it has never really recovered. As Iranian Foreign Minister Javad Zarif pointed out to me, the Iran nuclear deal was premised not on trust but on mistrust.

Persons: Fareed Zakaria, Fareed, Read, CNNi, Yemen’s Houthis, jihadism, Majid Saeedi, Iran’s, Shah, Jimmy Carter, It’s, Ronald Reagan, George W, Bush, Barack Obama, Hassan Rouhani, Javad Zarif, premised, Donald Trump, Rouhani Organizations: CNN, Fareed’s, Sunday, US, Iranian, Washington Locations: Iran, Israel, Gaza, An Iran, Jordan, Washington, Tehran, Britain, Iraq, Afghanistan, Libya, —, Moscow, Roman, America, United States

“Climate and conflict are two leading drivers of (our) global food crisis,” the secretary-general said. And in Myanmar, prospects of ending hunger have gone into reverse because of conflict and instability, he said. Simon Stiell, the United Nations climate chief, told the council that climate change is contributing to food insecurity and to conflict. Framework Convention on Climate Change said the Security Council “must acknowledge more can be done rather than hoping the problem will go away — which it won’t.”The U.N.’s most powerful body should be requesting regular updates on climate security risks, he said. But climate change, environmental and security pressures have led to increased tensions and competition between herders and farmers for scarce resources including water and land, she said.

Persons: Antonio Guterres, “, ”, Guterres, Simon Stiell, ” Stiell, Beth Bechdol, ” Bechdol, Bechdol, Mohamed Irfaan Ali, ” Ali, U.N, Vassily Nebenzia, Nebenzia Organizations: UNITED NATIONS, United Nations, ”, . Security Council, Security, Agriculture Organization Locations: Russia, “, Gaza, Syria, Myanmar, United, Food, Central Africa, Africa, Haiti, United States, Yugoslavia, Libya, Afghanistan, Iraq, Russian

☆ Russia's Wagner Group expands into Africa's Sahel with a new brand
▼ + stars: | 2024-02-12 | by ( Elliot Smith | ) www.cnbc.com time to read: +4 min

Natalia Kolesnikova | Afp | Getty ImagesWagner Group has been replaced by a new entity known as Russia's Africa Corps across its key strongholds in the continent, its new leader has confirmed. The new entity has been subsuming operations in Mali and Libya for several months, and negotiations to establish a Russian military base in the CAR are reportedly underway. watch now"The Africa Corps consists of mercenaries and volunteers, and does not form part of the Russian Armed Forces. It began recruiting in December 2023, and has also included job offers for former Wagner Group mercenaries; it may also recruit local residents," they explained. Russian Deputy Defense Minister Yunus-bek Yevkurov oversaw the creation of the Africa Corps, which is expected to be fully completed by this summer.

Persons: Wagner, Yevgeny Prigozhin, Natalia Kolesnikova, Dmitry Utkin, Anton Yelizarov, Ibrahim Traoré, Piotr Żochowski, Miłosz Bartosiewicz, Yunus, bek Yevkurov, Yevkurov Organizations: Afp, Getty, Wagner, Africa Corps, Central African, Russian National Guard, Russian Federation, Telegram, Centre, Eastern Studies, CAR, Africa, Russian Armed Forces, Wagner Group, CES Locations: MOSCOW, Moscow, Central African Republic, Libya, Mali, Sudan, Burkina Faso, Belarus, Russia, Cossack, Sahel, Russian, Warsaw, Algeria, Africa, Ouagadougou

☆ IMF's Georgieva Says She's Confident on Economic Outlook Despite Uncertainties
▼ + stars: | 2024-02-11 | by ( Feb. | At A.M. | ) www.usnews.com time to read: 1 min

DUBAI (Reuters) - The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, said on Sunday she was confident about the economic outlook despite uncertainties because the global economy has remained resilient. In a speech at the World Governments Summit in Dubai, Georgieva said the IMF would publish a paper on Monday that shows phasing out explicit energy subsidies could save $336 billion in the Middle East, equivalent to the economies of Iraq and Libya combined. (Reporting by Maha El Dahan and Federico Maccioni; Writing by Rachna Uppal; Editing by William Mallard)War in Israel and Gaza View All 206 Images

Persons: Kristalina Georgieva, Georgieva, Maha El Dahan, Federico Maccioni, Rachna Uppal, William Mallard Organizations: Reuters, International Monetary Fund, World Governments Locations: DUBAI, Dubai, Iraq, Libya, Israel, Gaza

SAN DIEGO (AP) — The military said search-and-rescue efforts were continuing for five U.S. Marines after their helicopter went down during stormy weather in the Southern California mountains. Here’s what we know so far:WHAT HAPPENEDA CH-53E Super Stallion helicopter was returning from a training mission in Nevada when it disappeared Tuesday night. About 99 feet (30 meters) long, the Super Stallion can move troops and equipment from ships to shore, ferry supplies and launch amphibious assaults. Nicknamed the “hurricane maker” because of the downwash from its three engines, the Super Stallion has a 50-mile (80.5-kilometer) range. In 2005, a Super Stallion went down in a sandstorm in Iraq, killing 31 people on board.

Persons: Mike Cornette, Joe Biden, Karine Jean, Pierre, “, John Kirby, San Diego County’s, ___ Baldor, John Antczak Organizations: DIEGO, U.S, Marines, Stallion, Civilian, Creech Air Force Base, Marine Corps Air Station Miramar, California Department of Forestry, Fire Protection, CBS, Cal Fire, WHO, Heavy Helicopter Squadron, Marine Aircraft, 3rd Marine Aircraft Wing, Super Stallion, U.S . Navy, White, National Security, U.S . Forest Service, . Border Patrol, San Diego County Sheriff’s Department, Civil Air Patrol, San Diego, Cleveland National Forest, Super, U.S ., Marine Corps, Associated Press Locations: Southern California, Nevada, Pine Valley, San Diego, Las Vegas, California, New York City, San Diego County, Pine, San, Cleveland, Beirut, Somalia, Persian Gulf, Afghanistan, Iraq, Libya, Mogadishu, Miramar, El Centro, Mexico, Washington, Los Angeles

☆ Erdogan, Putin to Discuss Ukraine and Grain Deal During Turkey Visit -Minister
▼ + stars: | 2024-02-06 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +2 min

ANKARA (Reuters) - Turkish President Tayyip Erdogan and his Russian counterpart Vladimir Putin will discuss the war in Ukraine and the Black Sea Grain Initiative during a visit to Ankara by the Russian leader, Turkey's foreign minister said on Tuesday. A Turkish official told Reuters last week he would visit Turkey on Feb. 12. Ankara has sought to persuade Russia to return to the Black Sea Grain Initiative - brokered by Turkey and the United Nations - that ensured the safe export of Ukrainian grain during the war via the Black Sea. Speaking at a press conference in the Maltese capital Valletta, Fidan said Turkey was working with Ukraine and Russia to revive the accord. The Kremlin has said Erdogan and Putin would discuss setting up a gas hub in Turkey and the war in Ukraine during the visit.

Persons: Tayyip Erdogan, Vladimir Putin, Hakan Fidan, Fidan, Erdogan, Putin, Jonathan Spicer, Alison Williams Organizations: NATO, Reuters, United Nations, Kyiv Locations: ANKARA, Ukraine, Ankara, Russian, Turkey, Russia, Maltese, Valletta, Moscow, Syria, Libya, Southern Caucasus, Israel, Gaza

☆ Turkey's Drone Maker Baykar Begins to Build Plant in Ukraine
▼ + stars: | 2024-02-06 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +2 min

Baykar has said it has signed export deals for its TB2 drone with 30 countries. These include Ukraine, Ethiopia, Libya and Azerbaijan since 2018, according to think tank SIPRI. Bayraktar also said the Istanbul-based firm's plans to start production in Saudi Arabia in the next two years were on track. The announcement follows an agreement in July to sell the Bayraktar Akinci, another kind of drone, to Saudi Arabia in what Baykar described as the biggest defence contract in Turkey's history. It also aims to produce the new models of the Kızılelma and the TB3 drones "in the tens," he added.

Persons: Pesha Magid, Baykar, Haluk Bayraktar, Bayraktar, Lockheed Martin, Federico Maccioni, Alexandra Hudson Organizations: Reuters, World Defense, U.S, Lockheed, Saudi Locations: Pesha, Pesha Magid RIYADH, Turkish, Kyiv, Ukraine, Ethiopia, Libya, Azerbaijan, Riyadh, Israel, Gaza, Ukrainian, Istanbul, Saudi Arabia

☆ Italy's Meloni Opens Africa Summit, Promises New Partnership
▼ + stars: | 2024-01-29 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +3 min

The summit, being held in Italy's ornate Senate, will last all day, with Italian ministers due to outline an array of initiatives, from energy and infrastructure to health and education, that Meloni says will be mutually beneficial. "We believe it is possible to envision and write a new chapter in the history of our relationship, a cooperation among equals, far from any predatory imposition or charitable stance towards Africa," Meloni said in an opening speech. Eni, Italy's largest importer of natural gas, has already countered lower Russian supplies by shipping increased volumes from Africa, where it has had a presence for decades. The company has said Algeria, Egypt and Libya will be Italy's main gas suppliers for the next few years. Most had departed from North African countries such as Tunisia and Libya, many fleeing poverty and conflict in sub-Saharan Africa and the Middle East.

Persons: Crispian Balmer, Angelo Amante ROME, Giorgia Meloni, Meloni, Enrico Mattei, Ursula von der Leyen, Charles Michel, Mattei, Alex Richardson Organizations: Italian, Eni, European Union, European, Energy, EU Locations: Rome, Africa, Italy, China, Russia, Gulf, Tunisia, Senegal, Kenya, Republic of Congo, Somalia, Ukraine, Algeria, Egypt, Libya, Europe, North, Saharan Africa

☆ Oil prices dip on demand worries as U.S. gasoline stocks surge
▼ + stars: | 2024-01-24 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Oil prices edged lower Wednesday as U.S. gasoline stocks rose significantly, suggesting demand might be faltering in the world's largest economy. U.S. crude oil inventories tumbled by 6.67 million barrels for the week ending Jan. 19, but gasoline stocks surged by 7.18 million barrels, according to the American Petroleum Institute. Rising gasoline stocks are a signal that demand might be weakening as supply returns to the market after disruptions in Libya and North Dakota. Geopolitical risk is largely already factored into prices, according to Dwivedi. The market is waiting for the Energy Information Agency to release the latest weekly U.S. crude supply data at 10:30 am ET.

Persons: Brent, Vikas Dwivedi, Tamas Varga Organizations: West Texas Intermediate, American Petroleum Institute, U.S, Macquarie, PVM Oil Associates, Energy Information Agency Locations: Libya, North Dakota

☆ Oil prices dip on weak demand, strong dollar
▼ + stars: | 2024-01-24 | by ( ) www.cnbc.com time to read: +3 min

File: A Repsol Oil Operations oil drilling rig pounds into the desert searching through thousands of feet for and oil reserve in El-Sharara, Libya. Oil prices edged lower on Wednesday, weighed down by concerns over tepid demand and a stronger dollar even though escalating geopolitical tensions limited the losses. Gasoline inventories, however, increased by 7.2 million barrels, stoking concerns over fuel demand in the world's top oil consumer. A stronger U.S. dollar also weighed on oil prices as demand from buyers in other currencies ebbs as they have to pay more for dollar-denominated oil. Elsewhere, U.S.'s third-largest oil-producing state of North Dakota brought some oil output back online after weather-related disruption, the state's pipeline authority said.

Persons: Vikas Dwivedi Organizations: Operations, Brent, . West Texas, American Petroleum Institute, The Energy Information Administration, U.S . Department of Energy, Federal Reserve, Macquarie, U.S, Houthi, Sharara, Jan Locations: El, Sharara, Libya, Russia, Ukraine, Yemen, Britain, U.S, Iran, Red, Iraq, Iraqi, North Dakota

☆ Oil prices fall as investors monitor supply threats, Libya production restart
▼ + stars: | 2024-01-23 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

A Repsol Oil Operations oil drilling rig pounds into the desert searching through thousands of feet for and oil reserve in El-Sharara, Libya. Oil prices fell on Tuesday as investors monitored the war in Ukraine, the conflict in the Middle East and the restart of production at a major oilfield in Libya. The West Texas Intermediate contract for March fell $1.27, or 1.61%, to trade at $73.56 a barrel. Oil prices rallied about 2% on Monday after a suspected Ukrainian drone strike against a major Russian fuel terminal on the Baltic Sea highlighted the geopolitical threats to crude supplies. The potential threats to crude supplies have been tempered by Libya restarting production at the Sharara oilfield, which was shut down for about two weeks due to protests.

Persons: Brent, John Evans Organizations: Operations, The West Texas Intermediate, PVM Oil Associates, Houthi Locations: El, Sharara, Libya, Ukraine, The, Ukrainian, Baltic, U.S, Britain, Yemen, Red

GENEVA (AP) — The U.N.'s migration agency is launching its first “global appeal,” seeking $7.9 billion to help people on the move and ensure smoother pathways to migration, at a time when the fallout from climate change, conflict and both economic distress and opportunities has caused millions to leave their homes. His agency is seeking $46 billion this year. IOM says it hopes funding for its appeal will come from individual and private-sector donors in addition to governments. Political Cartoons View All 253 Images“Irregular and forced migration have reached unprecedented levels and the challenges we face are increasingly complex,” Pope said. “The evidence is overwhelming that migration, when well-managed, is a major contributor to global prosperity and progress."

Persons: Martin Griffiths, Amy Pope, ” Pope, ”, IOM's Organizations: GENEVA, International Organization for Migration, Humanitarian Affairs, IOM Locations: Geneva, Africa —, Libya, Europe

☆ Oil prices steady as investors weigh Libya oilfield restart, Mideast tensions
▼ + stars: | 2024-01-22 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

A Repsol Oil Operations oil drilling rig pounds into the desert searching through thousands of feet for and oil reserve in El-Sharara, Libya. Oil prices were little changed on Monday as the market weighed the reopening of a key oilfield in Libya against ongoing tensions in the Middle East. Libya's National Oil Corporation resumed full production at the Sharara oilfield on Sunday after protests shut down output for two weeks. "The sentiment is sourer this morning because the force majeure on Libya's Sharara oil field has been lifted," Tamas Varga with PVM Oil Associates wrote in a note. OPEC, on the other hand, has presented a stronger outlook with oil demand forecast to grow by 2.2 million barrels per day, while production outside OPEC will grow by 1.3 million barrels per day.

Persons: Brent, Tamas Varga Organizations: Operations, The West Texas Intermediate, National Oil Corporation, PVM Oil Associates, U.S, U.S . Central Command, Houthi, International Energy Agency Locations: El, Sharara, Libya, The, Iran, Iraq, U.S, Syria, Gaza

Libya Says Production Has Resumed at Its Largest Oilfield After More Than 2-Week HiatusLibya’s state-owned oil company says production has resumed at the country’s largest oilfield, ending a more than two-week hiatus after protesters blocked the facility over fuel shortages

Locations: Libya

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