War Financial News

Moody's downgraded Israel's credit rating on Friday, citing material political and fiscal risks for the country from its war with the Palestinian militant group Hamas. The impact of the conflict raises political risk and weakens Israel's executive and legislative institutions, and its fiscal strength for the foreseeable future, said Moody's, which had begun the review for a downgrade on Oct. 19.

The director of the main U.N. aid agency for Palestinians says Israeli restrictions are preventing food for 1.1 million people from reaching war-battered Gaza

Light Brigade': 'Cannon to right of them/ Cannon to left of them,/ Cannon in front of them/ Volleyed and thundered.../ Rode the six hundred.' Our Enforcement Directorate (ED) may not be the British light cavalry that charged to its doom in 1854 against the Russian artillery in the Crimean War. But, this week, in Tennyson's words, 'someone had blundered' within the economic law enforcement agency.

Meta has removed Instagram and Facebook accounts run on behalf of Iran’s Supreme Leader Ayatollah Ali Khamenei after criticism over his support for Hamas after its Oct. 7 attack on Israel that sparked the monthslong war still raging in the Gaza Strip

It’s pretty unusual to find a junior investment banker in a supermarket at the weekend.  This is partly because it’s unusual to find a junior investment banker anywhere outside the office at the weekend, but also because if they do have some free time, they’ll usually spend it doing something more glamorous.  Mohammed Zina is apparently built different. When he joined Goldman Sachs in 2014, he kept his weekend job at Sainsbury’s.

Israeli Prime Minister Benjamin Netanyahu says he has ordered the military to prepare a plan to evacuate the population of Rafah ahead of an expected Israeli invasion of the southern Gaza town. Netanyahu made the announcement Friday following international criticism of Israel's plan to invade the crowded town on Egypt's border. Israel says Rafah is the last remaining Hamas stronghold and it needs to send in troops to complete its war plan against the Islamic militant group. But an estimated 1.5 million Palestinians have crammed into the town after fleeing fighting elsewhere in Gaza. Netanyahu said a «massive operation» is needed in Rafah. He said he asked security officials to present a «double plan» that would include the evacuation of civilians and a military operation to «collapse» remaining Hamas militant units.

Waller-Bridge has departed from Mr & Mrs Smith. In the latest interview with The Hollywood Reporter, Donald Glover emphasized that her departure from «Mr. & Mrs. Smith» has been perceived as an actual divorce where the hard part is in knowing when to say it has come to an end. Further, he has talked about the varying casting reiterations of «Mr & Mrs. Smith», the 2005 Amazon Studios Adaptation of the film which stars Angelina Jolie and Brad Pitt. Before Maya Erskine, the «Pen 15» actress was tapped to portray Jane to Glover's John. Donald Glover has stated that it was an unusual separation and noted that a good relationship is one where one does not flicker from the uncomfortable situations. And that he does not know if they are ever going to reach a place where they could be entirely savage towards each other.

The Walt Disney Co. says it is paying $1.5 billion for a stake in “Fortnite” maker Epic Games

By Pavel Polityuk

By Ahmad Ghaddar

Nissan has reported its profit sank in October-December to about half of what it earned in the same period the year before

₹61,000 crore, the realized disinvestment proceeds were only ₹30,000 crore in 2023-24 Revised Estimate (RE). However, the BE for the 2024-2025 is ₹ 50,000 crore, which is seemingly a realistic target. The size of the government can be affected by polycrisis—the debt crisis, war, global supply chain disruptions, energy crisis and the climate crisis.

As the White House ponders its response to the attack on Tower 22, the U.S. military outpost in Jordan, the news from the Middle East could hardly be worse. From Gaza to the Red Sea and from Jordan to Iraq, a stream of unprovoked attacks by Iran and its proxies are driving President Biden into the greatest crisis of his presidency.

FRANKFURT (Reuters) — The European Central Bank said on Monday it would lower the bar for lending to central banks from outside the European Union in times of crisis.

Iran denied Monday any links to a drone strike in Jordan that killed three US military personnel and said it was not seeking an «expansion» of conflict in the Middle East. The killing of three American troops on Sunday in a strike in Jordan marked the first US military losses in the region since the Israel-Hamas war began. US President Joe Biden said "radical Iran-backed militant groups operating in Syria and Iraq" were behind the strike on the frontier base in Jordan's northeast. British Foreign Secretary David Cameron reiterated a call for Iran «to de-escalate in the region». Iran lambasted what it described as «baseless accusations» and said they were a «projection» and part of a «conspiracy of those who see their interests in dragging America's foot into a new battle». «The Islamic Republic of Iran does not welcome the expansion of conflict in the region,» Iran's foreign ministry spokesman Nasser Kanani said in a statement, adding that Tehran «is not involved in the decisions of the resistance groups». Iran has previously said it sees it as «duty» to support what it calls «resistance groups» in the region but insists they are «independent» in decision and action. Sunday's strike also left 34 personnel wounded, eight of whom required evacuation, according to the US Central Command. US troops operate at the base known as Tower 22 near Jordan's border with Iraq and Syria as part of an international coalition against the Islamic State jihadist group. Tensions have surged in the Middle East since Palestinian militant group Hamas launched an unprecedented attack on Israel on October 7, leaving around 1,140 deaths, mostly civilians, according to an AFP tally of official figures. Israel has since launched a

Joe Biden said on Sunday that the US “shall respond" in response to an overnight drone strike near the Syrian border in northeast Jordan, resulting in the deaths of three American troops and injuries to dozens more. As reported by AP, Biden blamed the initial US fatalities in months, amid ongoing strikes by similar groups against American forces in the Middle East, on Iran-backed militias.

Iran-backed Houthi forces in Yemen who are regularly attacking commercial ships passing through Red Sea waters off Yemen's coast. While the United States has thus far maintained an official line that Washington is not at war in the region, it has been retaliating against the Iran-backed groups in Iraq and Syria and carrying out strikes against Yemen's Houthi military capabilities.

Joe Biden vowed retaliation, saying in a statement that “we will hold all those responsible to account at a time and in a manner our choosing." The administration believes a stronger response is warranted than with previous attacks in which Americans were not killed, according to a person familiar with US deliberations. “We shall respond," Biden said later Sunday at a campaign event in Columbia, South Carolina.

Three American troops were killed and dozens were injured Sunday in a drone strike in northeast Jordan near the Syrian border, the U.S. military said. President Joe Biden blamed Iran-backed militias for the first U.S.

ISIS." Also Read: America and Iran step closer to the brink of war Austin said that US President Joe Biden and he will not tolerate attacks on American forces, and “we will take all necessary actions to defend the United States, our troops, and our interests." He noted that Iran-backed militias are responsible for these continued attacks on US forces, and “we will respond at a time and place of our choosing." “These brave Americans and their families are in my prayers, and the entire Department of Defence mourns their loss," he said. Also Read: Three US service members killed, many wounded in drone attack on US forces in Jordan: Joe Biden The drone attack represents the initial occurrence of US troops losing their lives to enemy gunfire in the Middle East since the beginning of the Gaza war.

By Phil Stewart, Steve Holland and Idrees Ali