Arab Parliament Calls For Supporting Women amid Virus Crisis

Meeting of the Arab Parliament on Thursday in Cairo (Arab Parliament twitter)
Meeting of the Arab Parliament on Thursday in Cairo (Arab Parliament twitter)
TT

Arab Parliament Calls For Supporting Women amid Virus Crisis

Meeting of the Arab Parliament on Thursday in Cairo (Arab Parliament twitter)
Meeting of the Arab Parliament on Thursday in Cairo (Arab Parliament twitter)

The Arab Parliament called Thursday on its member states to mobilize efforts for supporting Arab women amid the new coronavirus outbreak.

In a meeting held at the Arab League headquarters in Cairo, in the presence of the president of the National Council for Women Dr. Maya Morsy, the Arab Parliament commanded the great and sincere efforts of Arab women in facing the COVID-19 crisis.

“Arab women stand in the front lines in facing this crisis, particularly that the majority of medical personnel, especially nurses, are women,” a statement issued by the Parliament said.

It called upon relevant institutions to support Arab women, identify their own needs, and work on removing all obstacles posed by the pandemic.

The Parliament particularly praised the efforts of Egypt, through its Foreign Ministry and the National Council for Women, to support females.

In this regard, it mentioned the unprecedented adoption by consensus of a draft resolution submitted by Cairo on "Protecting the rights of women from the repercussions of COVID-19,” during the work of the 3rd Committee of the UN General Assembly on Human Rights and Social, Humanitarian and Cultural Issues.

Also, the Parliament said Arab States should implement the decisions of this resolution, which provides a practical vision of how to strengthen national and international commitment amid the economic and social repercussions of COVID-19 on the rights of Arab women.

Meanwhile, Dr. Mastoura bint Obaid Al-Shammari, the Chairperson of the permanent committee for social, educational, cultural affairs, women and youths of the Arab Parliament, who is also Saudi Shura Council's member, hailed the role of the Kingdom of Saudi Arabia in empowering women in various fields, with the support and patronage of its prudent leadership.

In a statement after the meeting of the Arab Parliament bureau, she stressed that women in the Kingdom of Saudi Arabia occupy the highest positions at domestic, Arab and international levels.



Putin in Contact with Israel, Iran Leaders to Help 'De-escalate', Says Kremlin

Russian President Vladimir Putin takes part in a ceremony to receive letters of credence from newly appointed foreign ambassadors at the Grand Kremlin Palace in Moscow on January 15, 2026. (Photo by Ramil Sitdikov / POOL / AFP)
Russian President Vladimir Putin takes part in a ceremony to receive letters of credence from newly appointed foreign ambassadors at the Grand Kremlin Palace in Moscow on January 15, 2026. (Photo by Ramil Sitdikov / POOL / AFP)
TT

Putin in Contact with Israel, Iran Leaders to Help 'De-escalate', Says Kremlin

Russian President Vladimir Putin takes part in a ceremony to receive letters of credence from newly appointed foreign ambassadors at the Grand Kremlin Palace in Moscow on January 15, 2026. (Photo by Ramil Sitdikov / POOL / AFP)
Russian President Vladimir Putin takes part in a ceremony to receive letters of credence from newly appointed foreign ambassadors at the Grand Kremlin Palace in Moscow on January 15, 2026. (Photo by Ramil Sitdikov / POOL / AFP)

Russian President Vladimir Putin on Friday held phone calls with the leaders of Israel and Iran, the Kremlin said, offering mediation amid large-scale protests in Iran that have raised fears of a military confrontation in the region. 

Independent monitors say Iranian security forces have killed thousands in a forceful response to nationwide anti-government protests -- a crackdown that prompted threats of military action by the United States, Israel's key ally. 

Iran and Israel fought a brief war in June that saw unprecedented Israeli attacks on Iranian military and nuclear facilities. The United States had briefly joined those strikes, hitting three major Iranian nuclear sites. 

On Friday, Russia announced Putin was in contact with both Israeli Prime Minister Benjamin Netanyahu and Iranian President Masoud Pezeshkian in a bid to cool tensions between the two rivals. 

"The situation in the region is highly tense, and the president continues his efforts to facilitate de-escalation," Kremlin spokesman Dmitry Peskov said. 

Moscow is a close ally of Iran. It has also strived for good relations with Israel, though those ties became strained amid Russian criticsm of Israel's actions in Gaza since October 7, 2023. 

In a call with Israel's Netanyahu on Friday, the Kremlin said Russia had expressed its "readiness to continue its mediation efforts." 

It did not clarify what current efforts were being undertaken or comment on the protests in Iran. 

Moscow had previously offered mediation during the June war. 

Peskov said that Moscow would announce "the results of our telephone conversation with the Iranian President very soon." 

Netanyahu said Sunday that he hoped Iran would soon be freed from what he described as the "yoke of tyranny", amid the protests. 

However, the rallies appear to have diminished over the last few days in the face of repression and a week-long internet blackout. 

Iran has repeatedly accused the United States and Israel of inciting the unrest and trying to undermine the Islamic republic's national unity. 

 


Gold Eases as Strong US Data, Easing Geopolitical Tensions Sap Momentum

FILE PHOTO: A saleswoman displays a gold necklace inside a jewellery showroom on the occasion of Akshaya Tritiya, a major gold buying festival, in Kolkata, India, May 7, 2019. REUTERS/Rupak De Chowdhuri/File Photo
FILE PHOTO: A saleswoman displays a gold necklace inside a jewellery showroom on the occasion of Akshaya Tritiya, a major gold buying festival, in Kolkata, India, May 7, 2019. REUTERS/Rupak De Chowdhuri/File Photo
TT

Gold Eases as Strong US Data, Easing Geopolitical Tensions Sap Momentum

FILE PHOTO: A saleswoman displays a gold necklace inside a jewellery showroom on the occasion of Akshaya Tritiya, a major gold buying festival, in Kolkata, India, May 7, 2019. REUTERS/Rupak De Chowdhuri/File Photo
FILE PHOTO: A saleswoman displays a gold necklace inside a jewellery showroom on the occasion of Akshaya Tritiya, a major gold buying festival, in Kolkata, India, May 7, 2019. REUTERS/Rupak De Chowdhuri/File Photo

Gold prices ticked lower on Friday, extending losses from the previous session, as stronger-than-expected US economic data and easing geopolitical tensions in Iran hampered bullion's bullish momentum.

Spot gold eased 0.3% to $4,603.02 per ounce by 0918 GMT. However, the metal is poised for a weekly gain of about 2% after scaling a record peak of $4,642.72 on Wednesday. US gold futures for February delivery edged 0.4% lower to $4,606.70.

"There was ‌a lot of ‌momentum in the (gold) market, which seems to ‌have ⁠faded slightly ‌at the moment....the economic news flow out of the US has been causing some headwinds rather than tailwinds as of late, which is reflected in a somewhat stronger US dollar," said Julius Baer analyst Carsten Menke.

The US dollar hovered near a six-week high on the back of positive economic data on Thursday showing initial jobless claims dropped 9,000 ⁠to a seasonally adjusted 198,000 last week, below economists' forecast of 215,000.

A firmer ‌dollar makes greenback-priced bullion more expensive for overseas ‍buyers. On the geopolitical front, people ‍inside Iran, reached by Reuters on Wednesday and Thursday, said ‍protests appeared to have abated since Monday.

Safe-haven gold tends to do well during times of geopolitical and economic uncertainty. Meanwhile, gold demand in India stayed muted this week as prices hit record highs again, taking the shine off retail buying, while bullion traded at a premium in China as demand remained steady ahead of the Lunar ⁠New Year.

Spot silver shed 1.1% to $91.33 per ounce, although it was headed for a weekly gain of over 14% after hitting an all-time high of $93.57 in the previous session. "The silver market seemed very determined to reach the $100 per ounce threshold before moving lower again....speculative traders are keeping an eye on that level even though it would not be sustainable in the medium to longer-term," Menke added.

Spot platinum dropped 2.7% to $2,345.78 per ounce, and was set to gain more than 3.1% for the week so far. Palladium lost 2.6% to $1,755.04 per ‌ounce, after hitting a more than one-week low earlier, and was headed for a weekly loss of 3.3%.


IMF's Growth Forecasts to Show Resilience to Global Trade Shocks, Georgieva Says

International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks during an interview with Reuters, amid Russia's attack on Ukraine, in Kyiv, Ukraine January 15, 2026. REUTERS/Valentyn Ogirenko
International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks during an interview with Reuters, amid Russia's attack on Ukraine, in Kyiv, Ukraine January 15, 2026. REUTERS/Valentyn Ogirenko
TT

IMF's Growth Forecasts to Show Resilience to Global Trade Shocks, Georgieva Says

International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks during an interview with Reuters, amid Russia's attack on Ukraine, in Kyiv, Ukraine January 15, 2026. REUTERS/Valentyn Ogirenko
International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks during an interview with Reuters, amid Russia's attack on Ukraine, in Kyiv, Ukraine January 15, 2026. REUTERS/Valentyn Ogirenko

The International Monetary Fund's latest economic forecasts due next week will show the global economy's continued resilience to trade shocks and "fairly strong" growth, IMF Managing Director Kristalina Georgieva told Reuters on Thursday.

In an interview during a visit to Kyiv to discuss the IMF's loan to Ukraine, Georgieva suggested the IMF could again revise its forecasts slightly upward as the World Bank did this week.

In October, the IMF edged its 2025 global GDP growth forecast higher to 3.2% from 3.0% in July as the drag from US tariffs was less than initially ‌feared. It kept ‌its 2026 global growth outlook unchanged at 3.1%.

Asked what ‌the ⁠January forecasts ‌would show after the upgrade in October, Georgieva said: "More of the same - that the world economy is remarkably resilient, that trade shock has not derailed global growth, that risks are more tilted to the downside, even if performance now is fairly strong."

The IMF is expected to release its World Economic Outlook update on January 19.

Georgieva said risks were focused on geopolitical tensions and rapid technological shifts. Things could turn out well, ⁠she said, but the global economy could also face significant financial distress if the huge resources flowing into ‌artificial intelligence did not result in promised productivity gains.

"We ‍are in a more unpredictable ‍world, and yet, quite a number of businesses and policymakers operate as if ‍the world hasn't changed."

Georgieva said she worried that many countries had failed to build up sufficient reserves to deal with any new shock that could occur. The IMF currently has 50 lending programs, a high number by historic standards, but was bracing for more countries to seek funds, she said.

The IMF chief said US economic performance had been "quite impressive" despite a raft of tariffs imposed by President Donald ⁠Trump last year on nearly every country in the world.

She said overall tariff levels were lower than initially threatened, and the US accounted for only about 13% to 14% of global trade. Most other countries had also refrained - at least so far - from imposing retaliatory measures, which had helped limit the impact of the wave of US tariffs.

She said inflation and macroeconomic conditions could still worsen, though, if the trade picture darkened.

Geopolitical factors were also clouding the outlook and now played a more significant role than in years past, said Georgieva, who took office in October 2019, just months before the COVID-19 pandemic hit in early 2020.

"Regrettably, since I took ‌this job (in 2019), there has been one shock after another after another," she said.