Security Forces Seized Over 270-Kg Drugs In N. Iraq

BAGHDAD, Aug 4 (NNN-NINA) – The Iraqi security forces have busted a drug trafficking group in the semi-autonomous Kurdistan region, arresting a major drug dealer and seizing more than 270 kg of drugs, the Supreme Judicial Council said, yesterday. The operation was carried out in the Duhok province in coordination…

High School Teacher Stabbed Inside School Building In S. Korea

SEOUL, Aug 4 (NNN-YONHAP) – A high school teacher was stabbed this morning, inside the school building in South Korea’s central city of Daejeon. The teacher, in his 40s, was stabbed by a male suspect, estimated to be in his 20s or 30s, in Daejeon, about 140 km south of…

Lebanon To Begin Exploratory Drilling For Energy Deposits By End Of This Month

BEIRUT, Aug 4 (NNN-NNA) – Lebanon will begin exploratory drilling in its territorial waters by the end of this month, to see if it has rich energy deposits, Public Works and Transport Minister, Ali Hamieh announced yesterday. An oil and gas exploration vessel will arrive in Lebanon’s territorial waters on…

Palestinian Authorities Disappointed With U.S. Failure To Keep Promises: FM

RAMALLAH, Aug 4 (NNN-WAFA) – The Palestinian leadership is “disappointed with the U.S. administration of President Joe Biden, for its failure to keep its promises it pledged to the Palestinians,” Palestinian Foreign Minister, Riyad Al-Maliki said, yesterday. The U.S. administration “has failed to fulfill its promises, to back down from…

Iran, Pakistan Sign Five-Year Strategic Plan To Boost Trade Cooperation

ISLAMABAD, Aug 4 (NNN-APP) – Iran and Pakistan, yesterday, signed a five-year strategic plan for enhancing bilateral trade cooperation, said the Iranian Foreign Ministry in a statement. The document was signed by visiting Iranian Foreign Minister, Hossein Amir-Abdollahian and his Pakistani counterpart, Bilawal Bhutto Zardari, at the end of their…

Hezbollah Leader Says U.S. “Root” Of All Problems In Middle East

JERUSALEM, Aug 4 (NNN-MA’AN) – Sayyed Hassan Nasrallah, leader of Lebanon’s Hezbollah group, said yesterday, the U.S is the “root” of all the problems in the Middle East, Israeli media reported. In his address to a memorial ceremony for a Lebanese Muslim scholar, Nasrallah said that, “the main problem (in…

Egypt Raised Interest Rates By One Percent To Curb Inflation

CAIRO, Aug 4 (NNN-MENA) – Egypt decided to raise interest rates by 100 basis points, in a bid to contain high inflation, the Central Bank of Egypt (CBE) announced yesterday. The deposit and lending rates were raised to 19.25 percent and 20.25 percent, respectively, while the rate of the main…

Myanmar Announces Cabinet Reshuffle

YANGON, Aug 4 (NNN-MNA) – Myanmar yesterday unveiled a newly reshuffled union government, led by Senior General, Min Aung Hlaing. Under the new government, four ministers – union minister for religious affairs and culture, union minister for electric power, union minister for energy, and union minister for labour, were replaced.…

World Bank Sees Malaysia Resilient Amid Pandemic Challenges

KUALA LUMPUR, Aug 4 (NNN-BERNAMA) – Amid the pandemic’s challenges, Malaysia has emerged as a country with notable resilience and potential for recovery, the World Bank said. The bank said in a report that, Malaysia’s economy was stable and growing to the pre-pandemic level, with a five-percent annual growth rate.…

Sri Lankan Inflation To Stabilise Between Four, Six Percent

COLOMBO, Aug 4 (NNN-XINHUA) – Sri Lanka’s inflation will fall further this month, and then stabilise between four and six percent, Director of the Central Bank’s Economic Research Department, P. K. G. Harischandra, told journalists yesterday. He said that, inflation in July had dropped to 6.3 percent. This will further…