Lebanon Financial News
09.11 / 02:49
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Hezbollah's anti-ship missiles bolster its threat to US navy
Hezbollah give it the means to deliver on its leader's veiled threat against U.S. warships and underline the grave risks of any regional war, sources familiar with the group's arsenal say.
08.11 / 10:06
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Coherent
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Will America pull the plug on Israel’s invasion of Gaza?
fire. But administration officials have made clear, in a series of leaks, that they doubt Israel has a coherent exit strategy in Gaza. They complain that Mr Netanyahu is barely willing to discuss the topic, and say they want to put their concerns on the record now lest the war end badly.
07.11 / 18:51
07.11 / 11:02
Citi
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The threat of Hizbullah can be seen from space
a speech on November 3rd Hassan Nasrallah, the leader of Hizbullah, appeared to show that he wanted to avoid engaging in an all-out war. Our satellite data show whether this rhetoric matches the reality on the ground (see map). The satellite data are updated twice daily, tallying large fires detected by FIRMS, a NASA satellite system that was originally designed to detect forest fires.
06.11 / 10:05
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The Gaza war has deepened Joe Biden’s Iran nightmare
step back from immediate escalation. Yet amid the bloody struggle in Gaza between Israel and Hamas, a broader and potentially more dangerous rivalry with Iran is growing. Having abandoned the Trump-era approach of “maximum pressure" on Iran, in recent months the Biden administration had sought quietly to reduce tensions.
06.11 / 02:43
Bill
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Oil nudges higher after Saudi Arabia, Russia stick to output cuts
Oil prices edged up on Monday after top exporters Saudi Arabia and Russia said they would stick to extra voluntary oil output cuts until the end of the year, keeping supply tight, while investors watched out for tougher U.S. sanctions on Iranian oil. Brent crude futures rose 41 cents, or 0.5%, to $85.30 a barrel by 0000 GMT while U.S.
05.11 / 17:33
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Brent crude futures slip amid easing Middle East concerns and U.S. job growth
Oil prices made a downward turn on Friday, spurred by easing Middle East supply concerns amidst the Israel-Hamas war and speculation of the US Federal Reserve halting interest rate hikes. Brent crude futures were recorded at $84.89 a barrel while West Texas Intermediate crude stood at $80.51 a barrel, marking a weekly drop exceeding 6%. Despite warnings of potential wider conflict at Lebanon’s border with Israel by Hezbollah leader Sayyed Hassan Nasrallah, markets remained steady. John Kilduff of Again Capital LLC stated that this conflict seems unlikely to significantly disrupt demand or supply.
05.11 / 01:11
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Israel-Hamas War Day 30: Over 50 killed in Gaza camp, Arab leaders push for ceasefire, Blinken says counterproductive
fire with Hamas militants in Gaza. Gaza's living conditions, already dire before the fighting, have deteriorated further. Food is scarce, residents have resorted to drinking salty water, and medical services are collapsing in Gaza.
03.11 / 18:19
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travelers
Applying for Schengen visa? These THREE countries offer favorable visa opportunities for Indians
Schengen Visas and cited that countries most likely to issue visa according to one's citizenship. And, here is a list of countries that have a considerably low rejection rate for visa applications from India: Out of 1,861 visa applicants from India, Iceland has rejected only 5.48% of them, translating into 102 denied applications. However, a reason for the low rejection rate from Iceland can be the relatively low number of applicants, but that is not the case for Germany, which is one of the top destinations for Indian applicants, the report said.
03.11 / 17:01
Citi
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prevention
Hezbollah says wider Mideast war possible if Gaza assault continues
Israel did not stop its assault on Gaza then the conflict could widen into a regional war. Sayyed Hassan Nasrallah, in his first speech since the Israel-Hamas war erupted on Oct. 7, also threatened the U.S., Israel's main ally, hinting his Iran-backed paramilitary group was ready to confront U.S.
03.11 / 16:11
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'Ready for...': Hezbollah chief holds US 'entirely responsible' for Gaza war, slams 'frail, foolish' Israel
PM Modi talks to UAE president, urges ‘need for early resolution’ in Israel-Hamas war Concerns about a potential spillover in the Middle East have continued to grow as Iran-backed Hezbollah continues to trade fire with Israeli forces. While Nasrallah stopped short of announcing complete engagement in the Israel-Hamas war, he said that fighting along the Lebanon-Israel border would “not be limited" to the scale seen until now.
03.11 / 13:53
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Hezbollah chief Hassan Nasrallah to break silence on Israel-Hamas war
Hezbollah chief Hassan Nasrallah on Friday will break weeks of silence since war broke out between Hamas and Israel, in a speech that could impact the region as the Gaza conflict rages. After Hamas militants launched an unprecedented October 7 attack on Israel from the Gaza Strip, Lebanon's southern border has seen escalating tit-for-tat exchanges, mainly between Israel and Hezbollah, an ally of the Palestinian group, stoking fears of a broader conflagration. The cross-border attacks heated up Thursday, as Israel responded with a «broad assault» after Hezbollah attacked 19 Israeli positions simultaneously, according to the group. Rockets also hit the Israeli town of Kiryat Shmona near the border in a barrage claimed by the Lebanese section of Hamas's armed wing. Iranian Foreign Minister Hossein Amir-Abdollahian has warned that «the region is like a powder keg» and that «anything is possible» if Israel does not stop attacking Gaza. US President Joe Biden has sent two aircraft carrier groups to the eastern Mediterranean and warned Hezbollah and others to stay out of the conflict. «We've got significant national security interests at play here,» US National Security Council spokesman John Kirby told reporters. «I don't believe we've seen any indication yet specifically that Hezbollah is ready to go in full force.
03.11 / 13:03
economy
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Goldman Sachs says the Israel-Hamas war could have major implications for Europe's economy
The Israel-Hamas war could have a significant impact on economic growth and inflation in the euro zone unless energy price pressures remain contained, according to Goldman Sachs.
01.11 / 17:19
01.11 / 07:55
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War plunged Israel’s agricultural heartlands into crisis, raising fears for its farming future
The Israel-Hamas war has plunged Israel’s agricultural heartlands into crisis
01.11 / 07:55
Provident
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economy
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Israel's economy recovered from previous wars with Hamas, but this one might go longer, hit harder
Just last month, Israeli Prime Minister Benjamin Netanyahu predicted a new era of peace and prosperity in the Middle East, based on growing acceptance of Israel within the region
31.10 / 16:57
Twitter
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Iran says proxies won't 'remain silent' on Israel-Hamas war
Iran said on Tuesday it was «natural» for Tehran-backed groups to attack Israel in light of its war on Hamas, warning of a wider spillover if no ceasefire is reached. The remarks were made by Iran's top diplomat Hossein Amir-Abdollahian in Qatar's capital Doha where he met with Emir Sheikh Tamim bin Hamad Al-Thani and his Qatari counterpart to discuss a push for a diplomatic breakthrough. «It is natural that the resistance groups and movements do not remain silent against all these crimes» committed by Israel, Amir-Abdollahian said in remarks relayed by Iran's foreign ministry. «They will not wait for anyone's advice, therefore we need to use the last political opportunities to stop the war,» he said after talks with Sheikh Tamim, warning the situation could «get out of control». Israel launched its assault in response to an unprecedented attack by Hamas on October 7 when its militants poured across the Gaza border, killing more than 1,400 people, mostly civilians, and taking more than 230 hostages, according to Israeli authorities.
31.10 / 15:39
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China's digital maps omit Israel amid ongoing war with Hamas fighters in Gaza
Catch LIVE updates from Israel-Gaza war here Notably, maps from China has often been the bone of contention in the East Asian Nation's diplomatic relation with other countries. Notably, the absence coincides with China's often non-committal diplomatic stance toward the Middle East and has raised questions among Chinese netizens, particularly in light of recent conflicts.
31.10 / 13:13
Waters
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In northern Israel, farmers struggle on in fear of Hezbollah attack
Dafna persevering under the threat of a new front opening in Israel's war with Hamas in Gaza. Here, a few hundred metres (yards) from south Lebanon, where Israeli foe Hezbollah holds sway, the spectre of another October 7 haunts civilians. Almost all of the 1,050 residents of this agricultural community were evacuated to hotels close to the nearby Sea of Galilee.
31.10 / 07:08
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Israel-Hamas war: 31 journalists killed since October 7, as per report
Journalists confirmed that 31 journalists have been killed in the Israel-Hamas war since October 7, The Times of Israel reported. These 31 journalists included 26 Palestinian, 4 Israeli and 1 Lebanese journalist. Moreover, eight journalists were reported injured, whereas, nine were reported missing or detained, reported The Times of Israel.
31.10 / 03:09
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Updates
Israel-Gaza War LIVE Updates: 'Hamas, part of an axis of evil Iran has formed,' says Benjamin Netanyahu
Check all the LIVE updates here“Hamas is a part of the axis of evil Iran has formed, an axis of terror that works by arming, training and financing Hamas in Gaza, Hezbollah in Lebanon, the Houthis in Yemen and other terror proxies throughout the Middle East and beyond the Middle East," said Benjamin Netanyahu. Israel Prime Minister Benjamin Netanyahu said, “The horrors that Hamas perpetrated on October 7, remind us that we will not realize the promise of a better future unless we, the civilized world, are willing to fight the barbarians because the barbarians are willing to fight us...This is a turning point, a turning point for leaders and nations. It is time for all of us to decide if we are willing to fight for a future of hope and promise or surrender to tyranny and terror.
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