Israel went public on May 17 with the discovery of 50 smuggling tunnels leading from the southern Gazan city of Rafah to Egypt. Defending Israel against South African-filed genocide allegations at the International Court of Justice, attorney Gilad Noam devoted part of his remarks to the ongoing military operation in Rafah, a focus of international pro-Palestinian advocacy. In addition …
Continue reading “Israel-Hama 700 terror tunnel shafts in Rafah, 50 to Egypt”
U.S. crude oil prices pushed past $80 on Friday, with the global benchmark Brent crude also enjoying its first weekly gain since mid-April on Chinese industrial output data and U.S. consumer prices, both of which came in more favorably than anticipated for April. On Friday at 4:20 p.m. ET, West Texas Intermediate (WTI) was trading …
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Israeli Minister without Portfolio Benny Gantz set a June 8 deadline for Prime Minister Benjamin Netanyahu to present a comprehensive Gaza strategy. In a news conference, Gantz urged for a clear plan to resolve the conflict with Hamas, including future governance of Gaza. Gantz proposed a six-point strategy and warned that if it is not …
Continue reading “Israel’s Gantz threatens cabinet exit…… Lapid urges Gantz to resign”
Oil notched a weekly gain while futures stayed in a narrow range, with the outlook for supply and inflation in focus. West Texas Intermediate settled above $80 a barrel, posting a 2.3% weekly gain and the third advance in four weeks. Lower US crude stockpiles and a sign that inflation could be ebbing have provided …
PROPAGANDA VIDEO A Panama-flagged oil tanker was hit by a missile in the Red Sea, around 10 nautical miles southwest of Yemen’s Mocha port, as reported by a British security firm, Ambrey. The attack occurred recently, although the exact date was not specified. While no group has claimed responsibility yet, the Yemen-based Houthis have …
Beijing removes floor on mortgage rates, lowers downpayment PBOC readies $42 billion of funding to buy unsold homes Xi Jinping’s government announced its most forceful attempt yet to rescue the beleaguered Chinese property market, relaxing mortgage rules and urging local governments to buy unsold homes as authorities become increasingly concerned about the sector’s drag on economic …
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The Biden administration wants to “shut down” the war in Gaza as it fears what might happen after Israel defeats Hamas, Hudson Institute Senior Fellow Michael Doran says. Mr Doran said the United States government is afraid Israel will “turn its guns” against Hezbollah. “That will be a disaster from the Biden administration’s point …
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JERUSALEM, Israel – During the seven months since the October 7th Hamas massacre and kidnappings, the Israeli perception of the Biden administration’s relationship with their nation and especially with their prime minister has, for many, been transformed from warm and welcoming to bewildering and hostile. That has been more evident since the early weeks of …
Continue reading “White House ‘Actively Promoting’ Iran’s Noose around Israel”
On Thursday, Israeli Finance Minister Bezalel Smotrich said that Israel will pull out of its free trade agreement with Turkey. Earlier this month, Turkey decided to halt all trade with Israel over its conflict with Hamas in the Gaza Strip. Smotrich said Turkey’s move represents a “declaration of an economic boycott and a serious violation …
Major US stock markets traded higher on Thursday, with the Dow Jones crossing the 40,000-point milestone for the first time. Markets have been buoyed by optimism following the latest April CPI report, which showed that the figure fell from 3.5% to 3.4%. At 10:50 am ET, the Dow Jones gained 0.28% or 111 points to …
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