War Financial News

By Idrees Ali, Phil Stewart and Mohammed Ghobari

By Phil Stewart and Idrees Ali

U.S. Navy on Friday warned American-flagged vessels to steer clear of areas around Yemen in the Red Sea and the Gulf of Aden for the next 72 hours after the U.S. and Britain launched multiple airstrikes targeting Houthi rebels. The warning in a notice to shippers came as Yemen's Houthis vowed fierce retaliation for the U.S.-led strikes, further raising the prospect of a wider conflict in a region already beset by Israel's war in Gaza. U.S.

Yemen that they have determined was putting commercial vessels in the Red Sea at risk. That's according to two U.S. officials who spoke anonymously to The Associated Press to discuss an operation that hadn't yet been publicly announced.

Taiwan, with over nineteen million people, of which one million are first-time voters, registered to cast their ballots across almost 18,000 polling stations in the island country. The voters will receive three ballots -- a presidential ballot, a regional or aboriginal legislator ballot, and a ballot for a political party that will determine legislator-at-large seats. Taiwanese voters will be choosing a successor to Tsai Ing-wen, the nation's first female president, who cannot seek re-election due to term limits after winning in 2016 and 2020.

Israel described the allegations leveled by South Africa as hypocritical and said one of the biggest cases ever to come before an international court reflected a world turned upside down. Israeli leaders defend their air and ground offensive in Gaza as a legitimate response to Hamas' Oct. 7 attack, when militants stormed through Israeli communities, killing some 1,200 people and taking around 250 hostage.

Taiwan is holding a presidential election on Saturday that neighboring China has warned could mean the difference between peace and war on the island, which Beijing claims as its territory even though Taiwan has governed itself for nearly three-quarters of a century. The election is believed to be a close race between the candidate of the incumbent party that Beijing has described as independence-minded and the candidate of the main opposition party, which is seen as standing for warmer ties with the mainland.

Yemen's Houthi forces if they keep up their attacks on shipping in the Red Sea despite dozens of U.S. and British air strikes on the Iran-backed group's facilities. Intensifying concerns about a widening regional conflict, U.S.

The prequel show which is based on Fire and Blood by George R.R Martin, narrates the story of House Targaryen 172 years before Daenerys Targaryen's birth and the Mad King's death in season one, which puts a focus on the civil war in Targaryen becoming known as the Dance of the Dragons.

From their perch on the eastern side of the Red Sea, the Yemen-based rebels pose what could be one of the biggest threats to global shipping and, by extension, the world economy. In recent weeks, the Houthis have launched over two-dozen drone and missile attacks on commercial shipping bound for the Suez Canal, what they say is a response to Israel’s war against Hamas. Major shippers are now diverting vessels south around the Cape of Good Hope, adding some 40 days to voyages in what could be a far more damaging disruption than when the Ever Given cargo carrier got wedged in the canal in 2021.

President Vladimir Putin warned on Friday that Moscow would regard any move by Britain to deploy a military contingent to Ukraine as a declaration of war against Russia. Former Russian President Dmitry Medvedev, now deputy chairman of Russia's Security Council, made the comments in response to a visit by British Prime Minister Rishi Sunak to Kyiv to announce an increase in military funding to help Ukraine purchase new military drones. «I hope that our eternal enemies — the arrogant British — understand that deploying an official military contingent to Ukraine would be a declaration of war against our country,» Medvedev wrote on the Telegram messaging app. Medvedev, whose frequent and harsh public statements diplomats say give an indication of hawkish thinking at the top of the Kremlin, also asked how the Western public would feel if Sunak's delegation came under fire from cluster munitions in the centre of Kyiv, something he said had recently happened to Russian civilians in the city of Belgorod. Belgorod, in southern Russia, is located close to the Ukrainian border and has been targeted by Ukrainian rockets and drones in recent months. In the incident referred to by Medvedev on Dec.

Here’s a timeline of some of the most important news stories. From staff cuts at X to a new AI company, this was another zany year for the billionaire. It has been decades since the very survival of the country has been front and center for Israelis.

Reuters, “In these circumstances, there can hardly be a charge more false and more malevolent than the allegation against Israel of genocide." ALSO, READ: South Africa drags Israel to UN court over Gaza, here are top developments Israel presented a chilling video and audio to a hushed audience to highlight what happened on 7 October when Hamas attacked the country. “They tortured children in front of parents and parents in front of children, burned people, including infants alive, and systematically raped and mutilated scores of women, men and children," Becker said.

Witnesses in Yemen confirmed explosions throughout the country. Brent crude futures were up $3.16, or 4.1%, at $80.57 a barrel at 1124 GMT, while U.S. West Texas Intermediate crude futures climbed $3.05, or 4.2%, to $75.07. Both benchmarks were on course for a second straight weekly rise. The U.S.

EU countries will next week discuss a plan to set up a naval mission to help protect Red Sea shipping following attacks from Yemen's Huthi rebels, diplomats said Friday. The proposal — in the pipeline in Brussels for several weeks — was mooted before US and British forces struck rebel-held Yemen. Any EU effort would seek to complement a US-led coalition, which includes numerous countries from the bloc, already operating in the vital shipping route. The exact details of the size and scope of any EU mission remain to be hammered out and European diplomats said a first discussion would take place in Brussels on Tuesday.

Read more of our recent coverage of the Ukraine war The war has upended the lives of countless Ukrainians, as well as the country’s labour market. Some 4.8m people lost their jobs almost overnight when Russia attacked. Unemployment is estimated to have eased to 18.4% in October this year, from more than 30% in the spring of 2022, but remains well above pre-war levels.

winner of the Palme d’Or, the top prize at Cannes Film Festival, Justine Triet’s courtroom drama is both a gripping whodunnit and an unsparing examination of the sexual and professional rivalries within a marriage. Read more of our guides to the cultural treats of 2023 Hayao Miyazaki, a co-founder of Studio Ghibli, has said that this will be his final film—and what a swansong it is. A cryptic, cosmic fairy tale about letting go of the past, “The Boy and the Heron" is comparable to several of Mr Miyazaki’s previous visionary masterpieces.

BEIJING (Reuters) — China's 2023 two-way trade with Russia hit $240 billion, setting yet another new record, Chinese customs data showed on Friday, as the two countries pushed for closer economic ties even as the war in Ukraine raged on.

By Stella Qiu

(Reuters) — The United States and Britain launched strikes from the air and sea against Houthi military targets in Yemen in response to the movement's attacks on ships in the Red Sea, a dramatic escalation of the Israel-Hamas war in Gaza.

Houthi spokesperson says targeting of ships heading towards Israel will continue, after United States backed coalition, including United Kingdom, launches heavy airstrikes across Yemen. The Yemen's Houthi spokesperson also said, “No justification for the US-UK attack on Yemen". The attack by the US and UK on Yemen comes weeks after the Houthi rebels allegedly unleashed disruptive attacks on Red Sea hurting commercial shipping on the trade route.