War Financial News

The United States and its liberal democratic allies may be facing off with authoritarian powers Russia, Iran and China as wars in Ukraine and Gaza inflame global rivalries. But to Islamic State, they’re all enemies of the Muslim faith that should be annihilated.

Holi is right here, and you know what that means: Vibrant colours, infectious joy, and...a potential tech apocalypse for your phone and other gadgets. Don’t let your phone become a casualty of the colour war. Here’s how to keep your precious electronics safe:

Russia lowered flags to half-mast on Sunday for a day of mourning after scores of people were gunned down with automatic weapons at a rock concert outside Moscow in the deadliest attack inside Russia for two decades. President Vladimir Putin declared a national day of mourning after pledging to track down and punish all those behind the attack, which left 133 people dead, including three children, and more than 150 were injured.

coal to history, the dirtiest fossil fuel is having a moment. Thanks to a combination of China’s energy insecurity — pushing Beijing back to trusted power sources — plus rising Indian demand, the continued fallout from the war in Ukraine and faltering international programs to wean developing economies off fossil fuels, coal is proving remarkably resilient. Output hit a record last year, and producers are preparing for a future where they will be required for decades yet to balance renewable energy. Even prices are holding up. While thermal coal is trading at just a fraction of the lofty levels reached in 2022, after Russia’s invasion of its neighbor, prices are still well above historic norms. Benchmark Newcastle coal futures are changing hands just under $130 a ton, roughly a quarter of the peak but higher than any level between 2011 and 2020.

Israel in exchange for every hostage freed by Hamas in any new Gaza truce, an Israeli official briefed on the Qatar-hosted talks said on Saturday. An Israeli delegation led by Mossad chief David Barnea is in Doha for indirect negotiations with the Palestinian militant group Hamas, which CIA director William Burns is helping Qatari and Egyptian officials to mediate.

Kim Jong Un sent a message of sympathy to Russian President Vladimir Putin over the massacre at a Moscow concert hall and said nothing can justify «heinous terrorism» against human lives, KCNA state news agency said on Sunday. Kim «expressed deep condolences and sympathy» to Putin and to the Russian people, the victims and their families on the news of heavy casualties caused by «a large-scale terrorist attack in (the) Moscow region,» KCNA said.

Putin did not mention IS and Kyiv accused him and other Russian politicians of falsely linking Ukraine to the assault to stoke fervor for Russia's war in Ukraine, which recently entered its third year. 3. During his speech, he also added that the incident left over 100 individuals injured and 11 people have been detained in total.

Islamic State group has taken responsibility for a devastating assault on a concert hall in suburban Moscow, resulting in the deaths of at least 133 individuals, marking one of the deadliest incidents in Russia in recent years. Despite assertions from the US regarding evidence supporting the jihadists' involvement, both Moscow and Kyiv engaged in mutual accusations on Saturday amidst the ongoing conflict in Ukraine. As reported by The Spectator Index, ISIS released bodycam footage of the Moscow terrorist attack.In the comment section, few replied with the videos.

CAIRO (Reuters) — Islamic State released on Saturday a photo of what it said were the four attackers behind a shooting rampage that killed at least 143 people in a concert hall near Moscow on Friday, the militant group's Amaq news agency said on Telegram.

By Dan Williams and Nidal al-Mughrabi

US Fed's plan to slash benchmark rates by the end of 2024. "The oil price has begun to appreciate since the International Energy Agency (IEA) on 14 March increased its demand forecast and reduced its supply forecast.

By Max Hunder and Tom Balmforth

The European Union’s executive arm is proposing to member countries to impose tariffs on grain imports from Russia and Belarus

The European Commission wants to prevent Russia from using agriculture products as a tool to wreak havoc on the EU market and will impose tariffs on grain imports from Russia and Belarus

Russia and China on Friday vetoed a US-led draft resolution at the Security Council on a ceasefire in Gaza, with Moscow accusing Washington of a «hypocritical spectacle» that does not pressure Israel. The United States, Israel's main ally which has vetoed previous ceasefire calls, put forward the resolution which for the first time would have supported «the imperative of an immediate and sustained ceasefire» and condemned the October 7 attack by Hamas.

BRUSSELS—In a big shift, the European Union is planning to impose tariffs on Russian grain, part of an effort to curb Moscow’s export revenue and appease European farmers who are angry about imports of cheaper agricultural products. The plan—the bloc’s first push to restrict food products from Russia during the war—comes amid protests over Ukrainian agricultural imports by farmers who have at times set up blockades at border crossings.

Australia and Britain said in a joint statement on Friday there were potentially devastating consequences of an Israeli ground invasion of Rafah in Gaza. «Given the large number of displaced persons taking refuge in the area and lack of safe spaces in Gaza, ministers shared deep concern at the potentially devastating consequences for the civilian population of an expanded Israeli military operation in Rafah,» the statement said. Israel says a ground invasion of Rafah is necessary to eliminate Hamas, despite countries including the United States warning of dire consequences for the more than a million Palestinians who have sheltered there since being displaced elsewhere in the Gaza Strip during the five-month-old war.

Russian strike Friday severed one of two power lines supplying Europe's largest nuclear power plant in southeast Ukraine as Moscow launched a major assault on energy infrastructure. «The enemy is now carrying out the largest attack on the Ukrainian energy industry in recent times,» Energy Minister German Galushchenko said on Facebook, adding that shelling had knocked out «one of the power transmission lines feeding» the Zaporizhzhia power plant. The facility, Europe's largest nuclear energy site, was seized by Russian troops in the first days of the war but is powered by Ukrainian lines.

Investing.com-- Oil prices fell in Asian trade on Friday, and were set for a muted finish to the week as reports of renewed calls for a Israel-Hamas ceasefire pointed to fewer supply disruptions in the Middle East.

CAIRO (Reuters) — Egypt raised prices on a wide range of fuel products on Friday, the official gazette said, pressing ahead with a promise it made to the International Monetary Fund (IMF) more than a year ago as part of a $3 billion financial support agreement.

Peaky Blinders spread across six seasons, with Cillian Murphy playing the lead, will now be adapted into a movie. Murphy will be playing the same role of Tommy Shelby in the film that he played earlier in the series. The production will hit the floor later in September this year. Cillian Murphy this year bagged the Oscar for Best Actor for his impeccable role in Oppenheimer, directed by Christopher Nolan, which was a biopic on the scientist and astrophysicist Oppenheimer, who is credited for making the atom bomb that was dropped on Hiroshima and Nagasaki in Japan during the Second World War, as per a report in Collider.