War Financial News

Subscribe to enjoy similar stories. Gold is what you buy when everything isn’t goldilocks. Inflation, deflation, war, pestilence—gold is a certain anxious state of mind made tangible in a seductive but mostly useless metal.

Iran launched a missile strike on Israel in retaliation for the assassination of Hezbollah leader Hassan Nasrallah. The attack, which occurred just hours before the U.S. vice-presidential debate between Democrat Tim Walz and Republican JD Vance, heightened global anxieties. Former U.S. President Donald Trump wasted no time in blaming President Joe Biden and Vice President Kamala Harris for what he described as a dangerous escalation, claiming their policies have brought the world to the brink of World War III. Trump asserted that under his administration, there was no war in the Middle East, Europe, or Asia, and inflation was under control. He lambasted Biden and Harris, stating, «You wouldn’t trust Joe or Kamala to run a lemonade stand, let alone lead the Free World.» He went on to claim that the current administration has led to the «threat of war raging everywhere.» Accusing Harris of being weak on foreign policy, Trump suggested that Iran wants her to remain in power as they «can take advantage of America.» He stated that if he were still president, the current conflicts, including the Ukraine-Russia war and the Afghanistan withdrawal, would not have occurred. «If Kamala gets four more years, the world goes up in smoke,» he warned.

Subscribe to enjoy similar stories. When Russia’s leaders stopped most of the country’s gas deliveries to the EU in 2022, they thought themselves smart. Prices instantly shot up, enabling Russia to earn more despite lower export volumes.

Subscribe to enjoy similar stories. The Saudi oil minister has said that prices could drop to as low as $50 per barrel if so-called cheaters within OPEC+ don’t stick to agreed-upon production limits, according to delegates in the cartel.

Catch all LIVE Updates on Israel-Iran war news hereJapan's new Prime Minister Shigeru Ishiba said Wednesday that missile attacks by Iran on Israel were "unacceptable", warning against an escalation into "full-on war"."Iran's attack is unacceptable. We condemn this strongly.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Narendra Modi and Benjamin Netanyahu on Monday. Peace isn't just the right choice but the smart one for Israel — and Netanyahu. Hamas will have to release all remaining hostages and bodies of those who died in captivity.

The minister was asked about India's role in dealing with Russia and Ukraine. «Our public position is that we do not believe that differences or disputes between countries can be settled by war. A second public position is we do not believe that we are actually from the battlefield going to get a decisive outcome. Three is if you're not going to get a decisive outcome, at some point, in some form, there has to be a negotiation.

Subscribe to enjoy similar stories. Iran is preparing to launch a ballistic missile attack against Israel, a senior White House official said Tuesday, a significant escalation that threatens to spark an all-out war in the Middle East that the Biden administration has desperately tried to avoid. The expected barrage comes days after Israel killed Hezbollah leader Hassan Nasrallah and hours after the Israeli military confirmed a limited military operation inside Lebanon.

Soviet Union, the Communist Party of China retains a firm grip on power. The powerful and feared organization has ruled the nation — home to close to one-fifth of the world's population — for 75 years, surpassing the 74-year Soviet era in Russia. The party survived years of self-inflicted tumult after it took control in 1949. A major course correction in 1978 transformed the country into an industrial giant with an economy second in size only to the United States.

Subscribe to enjoy similar stories. The public squares and beaches of Beirut are crammed with people who have been displaced from the south of Lebanon and the city’s southern suburbs. The lucky ones have mattresses and blankets to sleep on.

Earlier, Lebanese citizens held a silent protest in Beirut, carrying national flags to express their defiance. Their message was clear: «Lebanon will remain Lebanon,» with or without Hezbollah. Despite the ongoing fear of Hezbollah’s influence, these protests signaled a growing sentiment against the militant group.

Subscribe to enjoy similar stories. If Ukraine and its Western backers are to win, they must first have the courage to admit that they are losing. In the past two years Russia and Ukraine have fought a costly war of attrition.

Subscribe to enjoy similar stories. The India-Middle East-Europe Economic Corridor (IMEC), announced at the G20 Summit last September, is rarely mentioned in the context of war.

Stop-and-start negotiations between Israel and Hamas to end the fighting in the Gaza Strip, pushed by the United States, have repeatedly been described by the Biden administration as on the verge of a breakthrough, only to fail. The current Western-led attempt to avert a full-scale Israeli-Hezbollah war in Lebanon amounts to a scramble to avert disaster. Its chances of success seem deeply uncertain after the Israeli killing of Hassan Nasrallah, the longtime leader of Hezbollah, on Friday. «There's more capability in more hands in a world where centrifugal forces are far stronger than centralizing ones,» said Richard Haass, the president emeritus of the Council on Foreign Relations. «The Middle East is the primary case study of this dangerous fragmentation.»

Lebanon killed dozens of people on Sunday as the Hezbollah militant group sustained a string of deadly blows to its command structure, including the killing of its overall leader, Hassan Nasrallah. Hezbollah confirmed Nabil Kaouk, the deputy head of the militant group's Central Council, was killed on Saturday, making him the seventh senior Hezbollah leader slain in Israeli strikes in a little over a week. They include founding members who had evaded death or detention for decades. Hezbollah had earlier confirmed that Ali Karaki, another senior commander, died in Friday's strike that killed Nasrallah. Israel says at least 20 other Hezbollah militants were killed in the strike, including two close associates of Nasrallah, one of whom was in charge of his security detail.

Pope Francis suggested Sunday that Israel's attacks in Gaza and Lebanon have been «immoral» and disproportionate, saying its military domination has gone beyond the rules of war. Francis was asked en route home from Belgium about Israel's targeted killing of one of Hezbollah's founding members, Hassan Nasrallah. Friday's strike in Beirut targeted an area greater than a city block and reduced several residential buildings to rubble, and at least six other deaths have been confirmed. Francis didn't mention Israel by name and said he was speaking in general terms. But he said that «the defense must always be proportionate to the attack.»

Read more Israel-Hezbollah War Live Updates: The body of slain Hezbollah chief Sayyed Hassan Nasrallah was recovered today.According to a Reuters report quoting sources, the body was found intact with no direct wounds. The cause of death appeared to be blunt trauma from the force of the blast.Israel-Hezbollah War Live Updates: White House national security spokesman John Kirby said on Sunday that Israel's airstrikes had “wiped out" Hezbollah's command structure, but he warned the group will work quickly to rebuild it.“I think people are safer without him walking around," Kirby said of Nasrallah.

the fighting. Both sides pummel the enemy with cheap kamikaze models and use long-range craft to strike targets far from the front lines. In the Black Sea Ukrainian naval drones have helped to inflict serious damage on Russia’s fleet.

Subscribe to enjoy similar stories. BEIRUT—Hassan Nasrallah and other senior leaders of Hezbollah were under siege as they gathered Friday afternoon in a bunker more than 60 feet beneath the surface of a bustling working class neighborhood in southern Beirut. A series of Israeli attacks had killed many of the Lebanese militant group’s senior leaders, blown up its electronic devices and destroyed some of its vast arsenal of missiles.

Subscribe to enjoy similar stories. DUBAI—Weeks after Hamas attacked Israel on Oct. 7, the leader of Lebanese militant group Hezbollah made a thunderous speech to explain why his men are joining the fight against the “Zionist enemy." Israel was “shaking and trembling" in fear, “weaker than a spider’s web," Hassan Nasrallah said.