War Financial News

European Union envoys have agreed a new raft of sanctions against Russia over its war on Ukraine

Poland's Prime Minister Donald Tusk says his government will protect major television stations in the country, like the U.S.-owned TVN, against hostile purchases, in a move aimed at protecting from any such attempts by Russia

Subscribe to enjoy similar stories. When the PGA Tour announced a stunning alliance with the Saudi backers of LIV Golf that it had spent months battling on and off the course, the plan was for the two sides to have a final agreement by the end of the year. That is, the end of last year.

Subscribe to enjoy similar stories. DAMASCUS, Syria—Rebel fighters and civilians strolled through the grounds of Bashar al-Assad’s presidential palace on Tuesday, stepping on shredded posters of the former dictator who had fled to Russia days earlier. In Assad’s abandoned office, his desk and floor were littered with books and papers: a history of the Russian military, a map of northeastern Syria, a biography of himself.

Subscribe to enjoy similar stories. US President Harry S. Truman once famously asked for a “one-handed economist" because he was tired of economists who, instead of giving decisive answers, would say, “On the one hand, this, and on the other hand, that." As 2024 ends, we can see why that’s so.

Chinese military activity around the island on Wednesday, including 53 military aircraft, with Taiwan on high alert over Beijing's latest pressure campaign. China's military has yet to comment and has not confirmed it is carrying out any military exercises. China, which views democratically governed Taiwan as its own territory, had been expected to launch drills to express its anger at President Lai Ching-te's tour of the Pacific that ended on Friday, which included stopovers in Hawaii and the U.S. territory of Guam.

Star Wars: Skeleton Crew will be available on Disney Plus on Tuesday, December 10, 2024. Viewers in the United States can watch it at 6 p.m. PT or 9 p.m. ET. The release time differs from the first two episodes, which aired together on Monday, December 2. Going forward, episodes will follow a weekly Tuesday schedule.

Subscribe to enjoy similar stories. TEL AVIV—Israeli Prime Minister Benjamin Netanyahu took the stand on Tuesday to testify in his long-running corruption trial even as he manages a multi-front war—underscoring the tensions around his leadership Netanyahu, who will be the first sitting Israeli prime minister to testify in his own trial, was indicted in 2019 for corruption, fraud and breach of trust, charges he denies. Despite repeatedly requesting an extension because of Israel’s war in Gaza and in Lebanon, the courts said he must be available to testify three times a week for six hours at a time over the next few weeks.

Islamic State militants in Syria were meant in part as a message to the group and a move to ensure that it doesn't try to take advantage of the chaos following the overthrow of President Bashar Assad's government. The US and its partners want to make sure the Islamic State group, which still has a presence in Syria, can't step into the leadership void and once again exert control over wide swaths of the country, Pentagon spokeswoman Sabrina Singh said Monday. The US on Sunday struck about 75 IS targets in the Syrian desert. The US has had troops in Syria for the last decade to battle IS. The tumult following a rebel offensive that toppled Assad has raised fears of an Islamic State resurgence. «ISIS will try to use this period to reestablish its capabilities, to create safe havens,» Secretary of State Antony Blinken said Monday, using another acronym for the group. «As our precision strikes over the weekend demonstrate, we are determined not to let that happen.»

Subscribe to enjoy similar stories. We have been talking about the Reserve Bank of India (RBI) easing interest rates for quite some time. The question now is: what is the appropriate time for the RBI to initiate this? The latest meeting of the central bank’s Monetary Policy Committee (MPC) was on 6 December.

Subscribe to enjoy similar stories. Donald Trump, a man not renowned for the length of his attention span, likes simple formulas. Scott Bessent, his nominee to be treasury secretary, has one: “3-3-3".

Federal investigators say a lack of proper planning probably caused a deadly crash of World War II-era military planes at a 2022 air show in Texas

Subscribe to enjoy similar stories. Mumbai: Shaktikanta Das will step down as the 25th governor of Reserve Bank of India (RBI) on Tuesday, at a time when the war on inflation is ongoing and economic growth has taken a sudden slow turn. Union ministers Nirmala Sitharaman (finance) and Piyush Goyal (commerce and industry) had called for rate cuts after GDP growth slowed to 5.4% in the July-September quarter.

Subscribe to enjoy similar stories. The war on inflation has a new general leading the charge, as India's top revenue officer Sanjay Malhotra moves from North Block to Mint Road. On Monday, the Union cabinet's appointments committee named the 1990 batch IAS officer to lead the Reserve Bank of India, a day before governor Shaktikanta Das leaves at the end of six years at its helm.

third Conservative non-confidence vote on Monday, but the government is likely to survive with the support of the NDP.Members of Parliament are supposed to vote on a motion that quotes NDP Leader Jagmeet Singh’s criticism of the Liberals and asks the House to agree with Singh and vote to bring down the government.Singh said last week he is not going to support the Conservatives, so the motion will likely fail.The House is also supposed to vote on an NDP motion calling on the government to expand the GST break and the $250 “working Canadians rebate” to fully retired seniors and people who rely on disability benefits.Those votes will come after MPs deal with a debate on a point of privilege raised by Conservative deputy leader Melissa Lantsman on Friday.As opposition parties continue to use procedural tactics to stall one another’s motions, the House is facing a deadline on Tuesday to vote to approve billions of dollars in government spending.Treasury Board President Anita Anand has asked Parliament for approval of $21.6 billion to fund programs including housing, dental care and the national school food program.If that doesn’t pass, some programs could face a cash shortfall, including veteran benefits and natural disaster assistance. The spending request is set to go to a debate and vote late Tuesday.The final two opposition motions of the year also need to be introduced before Tuesday.

It’s lunch time at the Eaton Centre mall in downtown Toronto and every corner of the food court is hungry for customers.

Turkish drone strike in a Kurdish-held area in northern Syria killed 11 civilians including six children, a war monitor said Monday. The attack comes a day after Islamist-led rebels ousted president Bashar al-Assad in a lightning offensive that saw them sweep swathes of territory from government control. «Eleven civilians, including six children, all members of the same family, were killed in a Turkish drone strike targeting a house» near Ain Issa, north of the city of Raqa, in a Kurdish-held area, the Syrian Observatory for Human Rights said.

Subscribe to enjoy similar stories. The fall of Bashar al-Assad’s regime in Syria marks the eclipse of Iran’s self-styled axis of resistance in the Middle East. While the successful advance of the Syrian Sunni insurgents into Damascus seemed sudden, it didn’t happen overnight.

Subscribe to enjoy similar stories. Last month, news agency ANI filed a lawsuit against OpenAI, the maker of ChatGPT, alleging unauthorized use of its content to train the generative artificial intelligence (AI) chatbot. This marks the first such case in India, but the lack of clear policies on AI's use of public data has sparked similar conflicts globally.

Unlike the original Lord of the Rings trilogy or the less-celebrated Hobbit films that followed, the new installment in the franchise features no magical rings or omnipotent Dark Lords. “This time, it’s about human drama and emotions—greed and power,” explained director Kenji Kamiyama during a recent press conference. Kamiyama, known for his work on animated adaptations of Star Wars and Blade Runner, emphasized the shift in focus. “The original trilogy had hobbits, elves, dwarves, and monsters,” he noted, but the upcoming story takes a different approach.