News

Yemen's Houthis claim shooting down U.S. drone over Hodeidah

ADEN, Yemen, March 4 (Xinhua) -- Yemen's Houthi forces announced Tuesday that they successfully intercepted a U.S. MQ-9 reconnaissance drone over the Red Sea port city of Hodeidah.

Yahya Sarea, the Houthi military spokesperson, said on the social media platform X that the drone was downed while "violating Yemeni airspace and conducting hostile operations" in Hodeidah province.

Israeli army kills Hamas commander in N. West Bank

The Israeli army on Tuesday killed a senior Qassam Brigades commander and another Palestinian during a large-scale military operation in the eastern neighborhood of the northern West Bank city of Jenin.

According to Palestinian security sources and eyewitnesses, the Israeli forces, backed by large reinforcements, surrounded several residential buildings in the eastern neighborhood of Jenin, which led to violent clashes that resulted in the killing of Aysar al-Saadi and another young man.

Kremlin doesn’t confirm Putin will help mediate nuclear weapons talks between US, Iran

MOSCOW, March 4

Kremlin Spokesman Dmitry Peskov has not confirmed reports that Russian President Vladimir Putin accepted the proposal to help mediate nuclear weapons talks between the US and Iran.

"No, I can’t confirm it," he told reporters in response to a question on the subject.

Vice Chairman of State Administration Council Deputy Prime Minister Vice- Senior General Soe Win delivered a speech at the coordination meeting on the  scrutiny of the Union budget for the 2025-2026 fiscal year

NAY PYI TAW March 5

The coordination meeting on the scrutiny of the Union budget for the 2025- 2026 fiscal year was held this afternoon at the meeting hall of the SAC Chairman Office in Nay Pyi Taw.

Vice Chairman of Finance Commission, Vice Chairman of the State Administration Council Deputy Prime Minister Vice-Senior General Soe Win,  attended and delivered a speech.

WHO says won’t ‘give up’ as US aid funding cuts take toll

THE World Health Organization acknowledged Tuesday that the US freeze on foreign aid funding has hit vital global health programmes but vowed to find a way to keep delivering to those in need.
The United Nations health agency said it was still too early to determine the full impact of the freeze on foreign aid spending by the United States -- traditionally the world’s largest aid donor.

GNLM	Business International

SEVERE flooding hit most areas in Jakarta and its satellite cities on Tuesday after heavy rain poured over the regions since Monday evening, leaving thousands of houses submerged and hundreds of residents affected.
Videos taken by residents showed severe flooding with water levels reaching rooftops and submerging entire cars. The floods also caused significant traffic congestion across the cities.

EU warns US tariffs on Canada, Mexico threaten transatlantic ‘economic stability’

THE EU warned on Tuesday that US tariffs on Canada and Mexico threaten transatlantic “economic stability” and risk “disrupting global trade”, urging Washington to reverse course.
Stinging US tariffs on Canadian and Mexican goods came into effect as a deadline to avert President Donald Trump’s levies passed without the nations striking a deal.
“These tariffs threaten deeply integrated supply chains, investment flows, and economic stability across the Atlantic,” European Commission spokesman Olof Gill said in a statement.

Myanmar and Russia strengthen ties through continued cooperation and understanding

STATE Administration Council Chairman Prime Minister Senior General Min Aung Hlaing, who is currently in the Russian Federation at the invitation of President of the Russian Federation Vladimir Vladimirovich Putin, held an exclusive meeting with President of the Russian Federation Vladimir Vladimirovich Putin at Kremlin Palace in Moscow .

MoC urges rice traders to adhere to fair market prices

THE Consumer Affairs Department under the Ministry of Commerce stat­ed that reasonable market prices of rice for March 2025 were issued, and non-compliance with the set prices is subject to legal action.

Taiwan chip giant TSMC to invest $100 billion in US

US President Donald Trump said Taiwan Semiconductor Manufacturing Company is investing an additional 100 billion dollars in the United States. He said the giant chipmaker will build state-of-the-art facilities to "boost America's dominance in artificial intelligence and beyond."

Trump made the announcement with CEO C.C. Wei at the White House on Monday. He described semiconductors as "the backbone of the 21st century economy."