Lebanon Financial News
20.10 / 02:33
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US State Department issues worldwide caution for American citizens
U.S. State Department on Thursday issued a worldwide security alert for Americans overseas amid the Israel-Hamas conflict, citing increased tensions in various locations around the world and the potential for extremist attacks and violence against Americans. The alert did not single out any specific global event but comes amid a conflict in the Middle East after Palestinian Islamist group Hamas attacked Israel on Oct.
20.10 / 00:27
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U.S. issues ‘worldwide caution’ global travel alert for citizens
United States is warning citizens to “exercise increased caution” when travelling overseas with the State Department citing “increased tensions” in various parts of the world.In a “worldwide caution” advisory issued on Thursday, the government said in addition to increased tensions, there were concerns over the potential for terrorist attacks, demonstrations or violent actions against citizens or U.S. interests.State Department spokesperson Matthew Miller said there was no specific cause for the warning.“We’re monitoring conditions around the world, we’re monitoring conditions in the region, we take a number of factors into consideration when making that determination.
18.10 / 17:25
18.10 / 06:15
Reuters
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Israel-Hamas War: Who bombed the al-Ahli Hospital in Gaza that killed 500? Israel and Islamic Jihad engage in blame game
Reuters' report. Israeli Prime Minister Benjamin Netanyahu blamed Palestinian militants for the explosion.
18.10 / 05:17
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US allows non-essential embassy staff to leave Lebanon
United States authorized non-essential personnel and their families to leave their embassy near Beirut on Tuesday, citing the unpredictable security situation in Lebanon due to the Israel-Hamas war. The State Department also raised its travel advisory for Lebanon from level three, issued in July, to the highest available level four, as it told Americans to avoid the country. «Do not travel to Lebanon due to the unpredictable security situation related to rocket, missile, and artillery exchanges between Israel and Hezbollah or other armed militant factions,» the State Department said in a statement Tuesday. Hamas launched a massive assault against Israel on October 7, shooting, stabbing and burning to death more than 1,400 people, most of them civilians. Reeling from the worst attack in its history, Israel launched a wave of retaliatory air strikes against the Gaza Strip, killing about 3,000 people, mostly civilians. Lebanon-based Hezbollah, which like Hamas is backed by Iran, has since been involved in a series of tit-for-tat incidents along the south Lebanese border with Israel. After a blast ripped through a Gaza hospital on Tuesday, killing hundreds, Hezbollah called for a «day of rage.» Israel and Palestinians have traded blame for the blast, though neither's claim could be independently verified. Following Hezbollah's call, hundreds of demonstrators scuffled Tuesday night with Lebanese security forces outside the US embassy in the Beirut suburb of Awkar, where protesters hurled stones and set a building on fire, according to AFP correspondents. Hundreds also gathered at the French embassy in Beirut, raising Hezbollah flags and also hurling stones which piled up at the embassy's main entrance. Palestinian
18.10 / 03:51
Reuters
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Tear gas fired near US embassy in Lebanon at protesters angry at Gaza hospital strike
Lebanon at protesters angry at a Gaza hospital being hit by an air strike, a Reuters witness reported early on Wednesday. More than 100 protesters had gathered near the U.S.
17.10 / 16:25
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Oil prices edge higher ahead of Biden Middle East trip
Oil prices edged higher on Tuesday ahead of a trip by U.S. President Joe Biden to the Middle East that is likely to involve balancing support for Israel with trying to prevent any regional escalation of its war with Hamas. Following a drop of more than a dollar on Monday, Brent futures rose $0.74 to $90.39 a barrel at 10:40 a.m (1440 GMT).
17.10 / 16:17
Reuters
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Oil ticks higher ahead of Biden's Israel trip as traders await further escalation of war; Brent at $90/bbl
₹7,188 per bbl, having swung between ₹7,132 and ₹7,528 per bbl during the session so far, against a previous close of ₹7,239 per barrel. Also Read: Indian crude basket to average $87/bbl, OMCs to bear the brunt as oil surges 6% over Israel-Hamas war Iran pledged pre-emptive action from the ‘resistance front’ of its allies that include the Hezbollah movement in Lebanon, reported Reuters.
17.10 / 16:17
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Biden’s Trip to Israel Carries Risks for U.S. Policy—and His Own Legacy
WASHINGTON—With Israel on the brink of a ground invasion of Gaza, President Biden will visit the beleaguered nation with the aim of reinforcing American commitment to its security and addressing the spiraling humanitarian crisis in Gaza brought on by the war with Hamas. His decision to travel to Israel in the middle of its war with Hamas is fraught with diplomatic, political and security risks. As concerns intensify that the conflict could spread through the region, the U.S.
17.10 / 10:07
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Market close: Nifty 50, Sensex snap three-day losing run; investors earn nearly ₹2 lakh crore in a day
Nifty 50 today: Key equity indices the Sensex and the Nifty 50 ended with gains on Tuesday, snapping their three-day losing run, on widespread buying across various sectors amid positive global cues. While the Israel-Hamas conflict endures and concerns about its potential spread to other nations persist, investors appear to have shifted their attention towards corporate earnings and macroeconomic indicators.
16.10 / 23:47
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Impact of Israel-Hamas war on economy not yet known: Janet Yellen
UBS managing director and senior portfolio manager Jason Katz discusses whether the U.S. stock market is ignoring the threat of a wider Middle East war on 'Varney & Co.'
16.10 / 22:55
16.10 / 15:53
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China criticises Israel's actions on Gaza in war with Hamas: 'Beyond scope of self-defense'
China's foreign minister condemned Israel's actions for going "beyond the scope of self-defence" and called for it to "cease its collective punishment of the people of Gaza". "(Israel) should listen earnestly to the calls of the international community...
16.10 / 13:53
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What weapons do Israel and Hamas each have? Everything we know
An Israeli ground offensive in the Gaza Strip would further escalate the conflict raging since Hamas launched its unprecedented attack, killing hundreds of civilians.
16.10 / 13:35
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Biden postpones trip to Colorado as Israel-Hamas conflict intensifies
President Joe Biden has postponed a trip to Colorado to stay in Washington and focus on the growing conflict in the Middle East
16.10 / 12:15
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Commodities Week Ahead: Oil in Wary Trading, Eyes Iran Role in Mideast War
That one of the world’s fiercest wars now is being fought right next some of the biggest oil exporters probably justifies some geopolitical risk to be attached to crude prices. But a daily move of up to a few percent will require the supply of oil itself to be impacted — not just hypothetically but in real barrel terms.
16.10 / 08:05
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Israel activates evacuation plan for 28 communities along Lebanon border
Israel has announced its decision to evacuate residents residing within a two-kilometre zone from the border with Lebanon and relocate them to state-funded guest houses. The National Emergency Management Authority (NEMA) of Israel's Ministry of Defence and the Israeli Defence Forces are jointly implementing this evacuation plan. A statement from the Israeli Defence Forces revealed that this decision encompasses 28 communities.
16.10 / 05:45
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Palestine in focus? Putin to meet Xi Jinping in China amid Hamas-Israel conflict
Israel-Palestine conflict. While the US and allies have showed their support to Israel, both China and Russia sided with Palestine.
16.10 / 05:39
Reuters
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Analysis-IMF, World Bank 'impotent' on Israel-Gaza war shock as reforms edge forward
By Andrea Shalal and David Lawder
16.10 / 04:19
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Israel-Hamas War Day 10: Rafah border crossing between Gaza and Egypt set to reopen today. 10 updates
Also read: Israel-Hamas war: Shocking video of Israelis urinating on dead Palestinians surfaces on internet 2. More than one million people have fled their homes in Gaza as Israel bombarded the Hamas-ruled Gaza Strip and continued in preparation for a full-blown ground invasion. 3.
16.10 / 03:49
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One million Gazans flee as Israel readies for ground attack
Gaza Strip since Israel began its bombardment against Hamas, the UN said on Sunday, warning of dire conditions on the ground. Israel declared war on the Islamist group last Sunday, a day after waves of its fighters broke through the heavily fortified border and shot, stabbed and burned to death more than 1,400 people, most of them civilians. The relentless bombing since against those who masterminded the attack have flattened neighbourhoods and left at least 2,670 people dead in the Gaza Strip, the majority ordinary Palestinians.
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