Hezbollah’s Secretary General Naim Qassem on Friday proclaimed victory in the conflict against Israel, in his first address after the ceasefire agreement between Israel and Lebanon came into force on Wednesday. Qassem stated that Hezbollah’s victory surpassed the one from 2006 when Israel also withdrew its forces from Lebanon after 34 days of conflict. He also …
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Sweden has sent China a formal request to cooperate with its investigation into damage sustained by two undersea cables in the Baltic Sea. The two cables, between Sweden and Lithuania and Germany and Finland, were severed in Sweden’s waters of the Baltic Sea early last week, leading to accusations of sabotage, specifically involving the Chinese-flagged …
In a Skandinaviska Enskilda Banken AB (SEB) report sent to on Thursday, Ole R. Hvalbye, a commodities analyst at the company, said “speculation surrounding a potential surge in U.S. oil production – up three million barrels per day – has gained attention”. Hvalbye warned in the report that such a ramp-up could drive crude prices …
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Syrian rebels launched a massive offensive against the Syrian regime in Aleppo province A Syria war monitor on Thursday said clashes between the army and jihadists killed more than 130 combatants in the worst fighting in the country’s northwest in years, as the government also reported fierce battles. The Britain-based Syrian Observatory for Human Rights said …
The Houthi movement claimed on Thursday that the United States and the United Kingdom launched airstrikes targeting the Bajil district in Hodeida province in western Yemen, as reported by Lebanon’s National News Agency (NNA). There was no further information about the attack or potential casualties and material damage. The last confirmed strikes by the US …
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The world’s banks are on track to report the lowest revenue from foreign-exchange and rates trading since the pandemic, hit by tighter margins and a challenging macroeconomic backdrop. Over 250 firms including Goldman Sachs Group Inc., JPMorgan Chase & Co., Citigroup Inc. and Morgan Stanley are forecast to make a total of $32 billion from trading of Group-of-10 rates and $16.7 …
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Starving pilgrims in Jamestown Colony Resorted to Cannibalism The harsh winter of 1609 in Virginia’s Jamestown Colony forced to do The Pilgrims to do unthinkable. A excavation at the historic site discovered the carcasses of dogs, cats and horses consumed during the season commonly called the “Starving Time.” But a few other newly discovered …
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The OPEC+ group has decided to move the meeting on its near-term oil production plans to December 5 from December 1, due to a scheduling conflict, OPEC said on Thursday. NB: The conflict is war over production cuts and falling prices The meeting will now take place on Thursday, December 5, via video conference, as several …
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Crude oil inventories in the United fell by 5.935 million barrels for the week ending November 15, according to The American Petroleum Institute (API). Analysts had expected a smaller build of 250,000 barrels. For the week prior, the API reported a 4.753 barrel build in crude inventories. So far this year, crude oil inventories have …
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Hamas is ready for a new ceasefire with Israel after Hezbollah agreed to one, an official from the group told Agence France-Presse (AFP) on Wednesday. “We have informed mediators in Egypt, Qatar, and Turkey that Hamas is ready for a ceasefire agreement and a serious deal to exchange prisoners,” the Hamas official said while adding …