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What We Know About Threads, Meta's 'Twitter Killer'

Threads, Mark Zuckerberg's Instagram-based challenge to dethrone Elon Musk's troubled Twitter, has already secured tens of millions of downloads, but it remains to be seen whether this Twitter rival will be a winning one.

UK Announces Toughened Up Sanctions Regime Against Iran

Britain on Thursday announced plans for a tougher sanctions regime against Iran over alleged human rights violations and hostile actions against its opponents on UK soil. The new sanctions regime will expand existing penalties imposed by creating new criteria under which individuals and entities can be hit.They include any Iranian activities "undermining peace, stability and security in the Middle East and internationally", and the "use and spread of weapons technologies from Iran".

UAE Climate Chair Urges Oil Firms To Slash Emissions

The Emirati oil executive chairing this year's UN climate summit, Sultan Al Jaber, told private and national oil and gas companies on Thursday they must slash their planet-warming emissions. Jaber said the entire industry "should be aligned" to help the world meet the target of net-zero greenhouse gas emissions by 2050. This includes not only international oil companies but also national state-controlled ones, Jaber told an OPEC seminar in Vienna.

Climate Change, El Nino Drive Hottest June On Record

The world saw its hottest June on record last month, the EU's climate monitoring service said Thursday, as climate change and the El Nino weather pattern looked likely to drive another scorching northern summer.

UN Observers Urge Access To Ukraine Nuclear Plant

UN observers appealed on Wednesday for greater access to Europe's largest nuclear plant, after Moscow and Kyiv traded accusations over a possible "catastrophic" act of sabotage at the Russian-controlled facility in Ukraine.

Saudi Says Oil Cuts Show Not At Odds With Russia

Saudi Arabia on Wednesday dismissed talk of discord with oil ally Russia, praising their coordinated decisions to remove barrels from the market in efforts to prop up prices. Oil producers are grappling with falling prices and high market volatility amid fears of global economic slowdown and the Russian invasion of Ukraine, which has upended economies worldwide. On Monday, Riyadh said that it would extend a production reduction of one million barrels per day (bpd), which began in July, to August to boost prices.

Turkey's Inflation Rate Slows To 38.2%

Turkey's annual inflation rate slowed to 38.2 percent in June, official data showed Wednesday, although economists warned that this may be a low point for the year.

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