Biden: This is a good day for Israel, US, and the world

Biden: This is a good day for Israel, US, and the world

United States President Joe Biden on Thursday welcomed the confirmation of the killing of Hamas political leader Yahya Sinwar. “Early this morning, Israeli authorities informed my national security team that a mission they conducted in Gaza likely killed Hamas leader Yahya Sinwar. DNA tests have now confirmed that Sinwar is dead. This is a good day …

Chinese stocks jump after stronger-than-expected GDP

Chinese stocks jump after stronger-than-expected GDP

Major stock indices in the Asia-Pacific region traded mostly higher on Friday, following China’s gross domestic product (GDP) data which landed at 4.6% year on year in the third quarter of 2024, surpassing expectations. In addition, market participants also digested September’s industrial production and retail sales in China. In Japan, it was revealed that inflation fell from …

Hamas Chief Yahya Sinwar among dead in IDF operation

Hamas Chief Yahya Sinwar among dead in IDF operation

The Israel Defense Forces (IDF) are currently reporting  that Yahya Sinwar, the leader of Hamas, was killed during a recent military operation in the Gaza Strip. According to an official statement from the IDF, three Hamas fighters were eliminated, and initial assessments suggest a high likelihood that one of them could be Sinwar. The operation …

Oil Most Bearish Since the 2008 Financial Crisis

Oil Most Bearish  Since the 2008 Financial Crisis

Oil prices remained flat on Wednesday after a 4% drop due to easing concerns about potential disruptions in Iranian oil supply. The International Energy Agency (IEA) lowered its 2024 oil demand growth forecast, citing weak Chinese demand, while revising up its 2025 growth estimate. Analysts from Standard Chartered note discrepancies between supply estimates from IEA, …

US said to expect Israel’s Iran attack before Nov. 5

US said to expect Israel’s Iran attack before Nov. 5

Washington DC expects Israel will launch its retaliatory attack on Iran before the United States presidential Election Day on November 5, CNN reported on Wednesday, citing people familiar with the matter. However, the sources pointed out that the exact scheduling and strategy for Israel’s response remain unknown and that its government does not seem to …

Israel’s plan to respond to Iran allegedly ready

Israel’s plan to respond to Iran allegedly ready

Israel’s plan to respond to Iran’s missile attack on October 1 is ready, CNN reported on Wednesday, citing a person familiar with the issue. The unidentified source did not disclose further details of the plan. Iran’s missile attack on Israel on October 1 came in response to the deaths of Hezbollah Secretary-General Hassan Nasrallah and senior military official Fuad Shukr in …

Cryptos rise, Bitcoin jumps to highest point since July

Cryptos rise, Bitcoin jumps to highest point since July

the stupid money got in i got out The world’s largest cryptocurrencies continued to grow on Tuesday, with Bitcoin’s price climbing to its highest level since late July, surpassing the $67,000 mark. The recent gains in the digital token market appear to be linked with growing prospects of Donald Trump’s potential victory in the November …

Oil prices drop 3% as Israel avoids striking Iran oil sites…… Netanyahu told US Israel will strike Iranian military targets

Oil prices drop 3% as Israel avoids striking Iran oil sites…… Netanyahu told US Israel will strike Iranian military targets

Crude oil prices fell more than 3% in early trading on Tuesday following news that Israel has no intention of attacking Iranian oil infrastructure in retaliation for Tehran’s missile strike earlier this month. Earlier, The Washington Post published a report revealing that Israeli Prime Minister Benjamin Netanyahu told the US that he is willing to strike …

Oil prices fall over 2% on China demand concerns…..OPEC revises down oil demand growth forecast.

Oil prices fall over 2% on China demand concerns…..OPEC revises down oil demand growth forecast.

Oil prices dropped more than 2% on Monday, erasing last week’s gains due to concerns over weak demand from China.  Despite the ongoing conflict in the Middle East, investors are now focusing on China’s economic performance, with the government’s new stimulus program taking center stage. However, China’s September deflation worsened, and a weekend press conference …