Young Journalists Club | Latest news of Iran and world

Advanced Electronics award bumped to $28M by Saudi government

Advanced Electronics award bumped to $28M by Saudi government

TEHRAN, October 23 - Advanced Electronics has received a $9.4 million award modification to a previous foreign military sales contract with the country of Saudi Arabia.
Boeing nabs Army contract to provide in-transit visibility in Middle East

Boeing nabs Army contract to provide in-transit visibility in Middle East

TEHRAN, October 23 - Boeing-subsidiary Tapestry Solutions has been awarded a contract from the U.S. Army to lend in-transit visibility, or ITV, services for ground transportation logistics, deepening the contractor's relationship with countries in the Middle East.
Dow, S&P 500 fall as dollar rises, yield curve flat

Dow, S&P 500 fall as dollar rises, yield curve flat

TEHRAN, October 23 - U.S. stocks closed lower after choppy trade on Monday, as some investors showed signs of earnings season nerves, while political worries in Europe led the dollar to strengthen against the euro and sterling.
Biting bears sink world shares to 1-year low

Biting bears sink world shares to 1-year low

TEHRAN, October 23 - World shares slid towards their lowest level in a year on Tuesday, as negative drivers from fatigued earnings and Saudi Arabia’s diplomatic isolation to a brewing spat over Italy’s finances piled on the pressure.
Oil little changed despite Saudi pledge to boost output

Oil little changed despite Saudi pledge to boost output

TEHRAN, October 23 - Oil futures were little changed on Monday after paring earlier losses despite Saudi Arabia’s pledge to raise crude production to a record high, two weeks before U.S. sanctions potentially choke off Iranian supplies.
Saudi Aramco CEO says bankers have not raised concerns about funding costs on SABIC deal

Saudi Aramco CEO says bankers have not raised concerns about funding costs on SABIC deal

TEHRAN, October 23 - The chief executive of oil giant Saudi Aramco said on Tuesday that bankers had not expressed any concerns about a recent rise in Saudi funding costs ahead of the company’s potential acquisition of a stake in petrochemical firm Saudi Basic Industries Corp (SABIC) 2010.SE.
Kremlin says nuclear pact U.S. wants to quit has problems

Kremlin says nuclear pact U.S. wants to quit has problems

TEHRAN, October 23 - The Kremlin said on Tuesday that a nuclear arms treaty Washington says it wants to quit had its weak points, but that it did not welcome what it called the dangerous U.S. approach of talking of withdrawal without proposing a replacement.
UN humanitarian chief: 8.4 million Yemenis need urgent aid

UN humanitarian chief: 8.4 million Yemenis need urgent aid

TEHRAN, October 23 - The U.N. humanitarian chief says the conflict in Yemen has left 8.4 million people dependent on emergency food assistance and 75 percent of its 22 million people requiring some form of aid.
Russia says US is increasing nukes in military planning

Russia says US is increasing nukes in military planning

TEHRAN, October 23 - A senior Russian official voiced concerns Monday that Washington is increasing the role of nuclear weapons in its military planning as part of a stepped-up campaign by the Trump administration to ensure "U.S. military superiority over the rest of the world," while he also denied U.S. allegations that Moscow has violated an arms treaty.
US warships sail through Taiwan Strait

US warships sail through Taiwan Strait

TEHRAN, October 23 - Two US warships sailed through the Taiwan Strait on Monday, a military spokesman said, in a move bound to aggravate China amid heightened tensions with Beijing.
Advanced Electronics award bumped to $28M by Saudi government

Advanced Electronics award bumped to $28M by Saudi government

TEHRAN, October 23 - Advanced Electronics has received a $9.4 million award modification to a previous foreign military sales contract with the country of Saudi Arabia.
Boeing nabs Army contract to provide in-transit visibility in Middle East

Boeing nabs Army contract to provide in-transit visibility in Middle East

TEHRAN, October 23 - Boeing-subsidiary Tapestry Solutions has been awarded a contract from the U.S. Army to lend in-transit visibility, or ITV, services for ground transportation logistics, deepening the contractor's relationship with countries in the Middle East.
Dow, S&P 500 fall as dollar rises, yield curve flat

Dow, S&P 500 fall as dollar rises, yield curve flat

TEHRAN, October 23 - U.S. stocks closed lower after choppy trade on Monday, as some investors showed signs of earnings season nerves, while political worries in Europe led the dollar to strengthen against the euro and sterling.
Biting bears sink world shares to 1-year low

Biting bears sink world shares to 1-year low

TEHRAN, October 23 - World shares slid towards their lowest level in a year on Tuesday, as negative drivers from fatigued earnings and Saudi Arabia’s diplomatic isolation to a brewing spat over Italy’s finances piled on the pressure.
Oil little changed despite Saudi pledge to boost output

Oil little changed despite Saudi pledge to boost output

TEHRAN, October 23 - Oil futures were little changed on Monday after paring earlier losses despite Saudi Arabia’s pledge to raise crude production to a record high, two weeks before U.S. sanctions potentially choke off Iranian supplies.
Saudi Aramco CEO says bankers have not raised concerns about funding costs on SABIC deal

Saudi Aramco CEO says bankers have not raised concerns about funding costs on SABIC deal

TEHRAN, October 23 - The chief executive of oil giant Saudi Aramco said on Tuesday that bankers had not expressed any concerns about a recent rise in Saudi funding costs ahead of the company’s potential acquisition of a stake in petrochemical firm Saudi Basic Industries Corp (SABIC) 2010.SE.
Kremlin says nuclear pact U.S. wants to quit has problems

Kremlin says nuclear pact U.S. wants to quit has problems

TEHRAN, October 23 - The Kremlin said on Tuesday that a nuclear arms treaty Washington says it wants to quit had its weak points, but that it did not welcome what it called the dangerous U.S. approach of talking of withdrawal without proposing a replacement.
UN humanitarian chief: 8.4 million Yemenis need urgent aid

UN humanitarian chief: 8.4 million Yemenis need urgent aid

TEHRAN, October 23 - The U.N. humanitarian chief says the conflict in Yemen has left 8.4 million people dependent on emergency food assistance and 75 percent of its 22 million people requiring some form of aid.
Russia says US is increasing nukes in military planning

Russia says US is increasing nukes in military planning

TEHRAN, October 23 - A senior Russian official voiced concerns Monday that Washington is increasing the role of nuclear weapons in its military planning as part of a stepped-up campaign by the Trump administration to ensure "U.S. military superiority over the rest of the world," while he also denied U.S. allegations that Moscow has violated an arms treaty.
US warships sail through Taiwan Strait

US warships sail through Taiwan Strait

TEHRAN, October 23 - Two US warships sailed through the Taiwan Strait on Monday, a military spokesman said, in a move bound to aggravate China amid heightened tensions with Beijing.