Fallout Financial News

Hardeep Singh Nijjar. India has asked Canada to withdraw the diplomats after Canadian PM Justin Trudeau alleged the involvement of Indian agents in the Nijjar killing. However, the claim has been vehemently rejected by India.

The prospect that high interest rates will keep constricting the global economy is worrying World Bank officials as they look to the impact on nations nursing large debts.

Rep. Ro Khanna, R-Calif., discusses the Los Angeles school strike, fallout from Silicon Valley Bank and his proposal to make social security solvent.

The timing of Fletcher Building’s 5-year fixed bond deal is up in the air as the company deals with the fallout from plumbing failures and a faulty pipe product in Western Australia.

Dubai: Saturday’s attack on Israel by Hamas militants, who killed more than 1,200 people and kidnapped many more back to the Gaza Strip, has upended fundamental assumptions about the Middle East. Now, as Israel, its enemies and its main partner, the U.S., respond to these shocking events, the new—and untested—rules of the game risk turning the bloody confrontation between Israel and Hamas into a much wider war.

What is the genesis of this crisis? It’s an incendiary mix of politics, religion and economics. Modern Palestine was populated with Jews from the global diaspora—a British imperial drive—in 1948. Around 750,000 Palestinians were expelled as Jews captured 78% of the land.

The shock attack by Hamas and Israel’s response risk a wider destabilisation of the region – and the global oil market is watching.

Hogwarts Legacy, a star-studded game, features renowned actors taking on various roles as teachers and characters. Here's a rundown of the voice actors and their characters in the game.

Oil jumped more than 5% after Hamas’s surprise attack on Israel raised fears of a wider conflict. Investors shunned traditionally risky assets such as stocks and instead bought gold, bonds and the dollar.

Catch Israel-Palestine War Live Updates here The fallout of Israel-Hamas war on the global economy may take time to become clear but would become more severe if the conflict spreads to the rest of the Middle East, especially Iran, which is both a major oil producer and supporter of Hamas. “It’s too early to say" what the implications may be, though oil and equity markets may see immediate fallout, Agustin Carstens, general manager of the Bank for International Settlements, said in a presentation to the National Association for Business Economics, Reuters reported.

Israel’s national paramedic service chief of staff Uri Shacham says the team had to pivot from healing rocket wounds to gunshot wounds after the Hamas attack.

Now, it appears the country's intelligence apparatuses have fallen victim to a false sense of security once again. The belief, widely shared across Israeli society, that the Hamas militant group would avoid a large-scale military confrontation with Israel to protect itself and spare further suffering and harm to the residents of Gaza was shattered by asurprise assault on Saturday morning by air, land and sea. The attack began with a barrage of more than 2,000 rockets fired into Israel. Under the cover of the rockets, a large-scale, carefully coordinated, ground operation set out from Gaza and attacked more than 20 Israeli towns and army bases adjacent to the strip. Israeli losses, estimated presently at more than 250 dead and as many as 1,500 wounded, are certain to increase in the coming hours and days.

Companies based in the U.S. are on track to halve the amount of ESG-labeled debt they issue this year, marking a clear departure from the trend on the other side of the Atlantic, according to an analysis by Goldman Sachs Group Inc. 

By Lewis Krauskopf

As leading Gamefi project Gala Games (GALA) continues to tumble in the fallout of a major legal dispute between co-founders Eric Schiermeyer and Wright Thurston - with the future of GALA at risk, bag-holders are asking 'is GALA going to zero'?

A monthly US jobs report due Friday may be the last to show solid hiring before a sharp slowdown, according to Bloomberg Economics.

Sam Bankman-Fried (SBF) was forced to change rules for FTX employees in 2021 when their crypto profits threatened to let them retire early.

The Victorian government’s bill for the cancelled Commonwealth Games has risen by another $40 million after fresh documents revealed Labor’s spending on consultants and venues.

The Victorian government spent nearly $1.3 million on lawyers to negotiate the fallout of its shock decision to axe the Commonwealth Games, documents have revealed.

Endeavour Group has reversed its previous stance on a damaging boardroom battle, and will now allow former Woolworths executive Bill Wavish to stand for election at the group’s annual meeting.

Egypt's Tourism and Antiquities Minister Ahmed Issa says they are seeking to double the number of tourists in the next five years, to reach 30 million visitors by 2028