Waves Financial News

United States authorized non-essential personnel and their families to leave their embassy near Beirut on Tuesday, citing the unpredictable security situation in Lebanon due to the Israel-Hamas war. The State Department also raised its travel advisory for Lebanon from level three, issued in July, to the highest available level four, as it told Americans to avoid the country. «Do not travel to Lebanon due to the unpredictable security situation related to rocket, missile, and artillery exchanges between Israel and Hezbollah or other armed militant factions,» the State Department said in a statement Tuesday. Hamas launched a massive assault against Israel on October 7, shooting, stabbing and burning to death more than 1,400 people, most of them civilians. Reeling from the worst attack in its history, Israel launched a wave of retaliatory air strikes against the Gaza Strip, killing about 3,000 people, mostly civilians. Lebanon-based Hezbollah, which like Hamas is backed by Iran, has since been involved in a series of tit-for-tat incidents along the south Lebanese border with Israel. After a blast ripped through a Gaza hospital on Tuesday, killing hundreds, Hezbollah called for a «day of rage.» Israel and Palestinians have traded blame for the blast, though neither's claim could be independently verified. Following Hezbollah's call, hundreds of demonstrators scuffled Tuesday night with Lebanese security forces outside the US embassy in the Beirut suburb of Awkar, where protesters hurled stones and set a building on fire, according to AFP correspondents. Hundreds also gathered at the French embassy in Beirut, raising Hezbollah flags and also hurling stones which piled up at the embassy's main entrance. Palestinian

The Shortlists in each category (in alphabetical order), and the eminent juries that decided the awards, are as follows: Tata Literature Live! Book of the Year - Fiction Shortlist (in alphabetical order) 1. Everything The Light Touches by Janice Pariat (HarperCollins Publishers) 2. The Education Of Yuri by Jerry Pinto (Speaking Tiger Books) 3.

China’s property market meltdown created a multibillion-dollar opportunity for distressed-debt investors. It hasn’t paid off. The country’s real-estate sector is reeling from a yearslong slowdown that has put strains on the economy, sparked widespread protests and triggered defaults on around $81 billion of Chinese developers’ international bonds between 2021 and 2022, according to figures from S&P Global Ratings.

Investing.com — Stocks surged on Monday as investors turned their attention to a wave of earnings reports from big banks, big tech firms such as Netflix (NASDAQ:NFLX), and Tesla (NASDAQ:TSLA) this week.

TLDR

Iran on Monday said time was running short to reach a political solution in the Israel-Gaza conflict, warning of the «possibility of expanding the scope of war and conflict to other fronts». Israel declared war on the Palestinian Islamist group Hamas a day after waves of its fighters broke through Gaza's heavily militarised border with Israel on October 7 and shot, stabbed and burned to death over 1,400 people, most of them civilians. Israel has responded by pummelling the Gaza Strip with non-stop air and artillery strikes that have flattened neighbourhoods and killed at least 2,750 people in Gaza, mostly civilians. Iran celebrated the Hamas assault but insisted it was not involved. Iranian President Ebrahim Raisi on Monday held phone calls with his Russian and Turkish counterparts, during which he «warned against the continuation of crimes by the Zionist regime», the president's political deputy, Mohammad Jamshidi, said on X, formerly Twitter. During his phone call with Russian President Vladimir Putin, Raisi warned of a «possibility of expanding the scope of war and conflict to other fronts». «If this happens, it will be more difficult to control the situation,» Raisi said, according to state news agency IRNA. Iran's Foreign Minister Hossein Amir-Abdollahian meanwhile «stressed that time is running out for political solutions» to the conflict, according to a post on X. He added that he told his counterparts in Malaysia, Pakistan and Tunisia that the «probable spread of war to other fronts is approaching an inevitable stage». His remarks come as Israel readies for a land invasion into the long-blockaded Gaza Strip, where fears for Palestinians trapped in the heavily-bombarded enclave have grown since Israel

American Express on Monday announced a multi-year partnership with Formula One in the first new sports sponsorship in more than a decade for the global payment company

Ozempic, the wonder drug used to treat diabetes that has become a global phenomenon as a weight-loss treatment, is challenging the blue-chip status of some of the ASX’s best known companies as short sellers bet the blockbuster drug and its equivalents will wreak further havoc on market valuations.

killed in Israeli air strikes on Gaza since October 7th, when Hamas terrorists murdered 1,300 people in southern Israel. Israeli jets and artillery have been pounding the coastal enclave. “The scenes out of Gaza will be hard to stomach," warned a spokesman for the Israel Defence Forces (IDF) on October 12th.

SYDNEY (Reuters) -Thousands of Australians joined pro-Palestinian rallies on Sunday, despite police threats to curb them amid tension after the bloody Hamas incursion into Israel eight days ago.

Rajasthan Chief Minister Ashok Gehlot on Saturday said the ticket distribution process for the upcoming assembly polls is going on «smoothly» and asserted that candidates would be selected on the basis of winnability as well as the feedback received from a survey conducted. He made the remarks ahead of the screening committee meeting here. Later in the evening, the screening committee met in the party's war room at 15, Gurudwara Rakabganj Road to discuss the names of the candidates put forward by the state's election committee headed by Rajasthan unit chief Govind Singh Dotasra.

Residential price growth across the 107 world cities has slowed in Q2 2023, falling to 1.7% YoY from 11.7% YoY in Q2 2022, according to Knight Frank’s latest report ‘Global Residential Cities Index Q2 2023’. This is recorded to be lower than that experienced in the first wave of the pandemic, when growth reached a low of 2.9% in Q2 2019.

By Suleiman Al-Khalidi and Maya Gebeily

oil prices held steady near $85 a barrel, but traders remain cautious following the eruption of violence between Israel and Hamas, which could potentially disturb the oil supply chain in the Middle East. Prices clocked one-year highs at the end of September, driven by worries about supply shortages after a surprise extension of voluntary supply cuts by Saudi Arabia and Russia, but the momentum was short-lived. An unexpected buildup in US crude inventories and concerns over demand adversely hit the sentiments. However, extreme uncertainty prevails in the global oil market as the ongoing clash between Israel and Hamas sparks fears that the turmoil could spread across West Asia and threaten the world’s oil supply. The direct impact on oil prices is limited, as neither Israel nor Gaza produces significant amounts of oil.

El Deif' or the Guest, because, for decades, he has stayed in different houses every night to avoid being tracked, and killed, by Israel and he is now in charge of the militant group's military wing, the Al Qassem Brigades, the media reported. Thought to have been born in the 1960s, El Deif is little known to ordinary Palestinians, CNN quoted Mkhaimar Abusada, a professor of political science at Al Azah University in Gaza, as saying. “He’s very much like a ghost to the majority of the Palestinians,” he said. The Al Qassem Brigades were opposed to the peace process embraced by Yassir Arafat, then-leader of the Palestine Liberation Organization, and the 1993 Oslo Accords that were supposed to pave the way to a two-state solution of a new Palestine living in peace alongside Israel. In 1996, El Deif, an accomplished bomb maker, was behind a wave of four suicide attacks that killed 65 people in Jerusalem and Tel Aviv and other outrages intended to derail the peace process, CNN reported. The tighter the Israeli and Egyptian control over Gaza’s borders – the more Hamas (and other groups) developed military means to fight back. Chief among them is rockets. Primitive at first, the missiles have been improved and refined over years of help from Iran. The Tehran theocracy, also dedicated to the eradication of the Jewish state, trained engineers, organised technology transfers and guided developments to create rockets capable of hitting Jerusalem and Tel Aviv, CNN reported. Men like El Deif, the bomb makers and decision takers, were hunted by Israel. In 2014, an air strike killed his wife and daughter.

New Delhi: Post covid-19 health complications were observed in a significant portion of patients, according to a recent study conducted by the Indian Council of Medical Research (ICMR). The study found that 18.6% individuals experienced difficulty in breathing (dyspnea), 10.5% reported fatigue, and 9.3% faced mental health issues after being discharged from hospitals. Data was collected from a hospital-based registry comprising 8,042 patients admitted to 31 healthcare facilities across India between September 2020 and October 2022.

COPENHAGEN (Reuters) — Nordic and Baltic seismologists said that they had detected blast-like waves on Sunday when a Baltic Sea gas pipeline ruptured but that the data was not strong enough to determine whether explosives were involved.

U.S. stocks are ticking higher as they get pulled in opposite directions by competing waves of optimism and fear

Bethesda, Maryland-based ProShares, a prominent player in the crypto-linked ETF market, has announced a significant expansion of its product line. On October 2, 2023, the firm will launch three new exchange-traded funds (ETFs), including the ProShares Ether Strategy ETF (EETH). This will be the first ETF specifically designed to track the performance of ether, the second-largest cryptocurrency by market capitalization. In addition to EETH, ProShares is introducing two blended ETFs that aim to offer investors exposure to both bitcoin and ether, the dominant cryptocurrencies in the market.

In an unexpected turn of events, a decentralized finance (DeFi) user accidentally lost a fortune after he swapped $131,350 in wrapped USDR (wUSDR) for $0 in USDC.

In light of the recent US core inflation data, the crypto community is eagerly discussing the potential trajectory of Bitcoin (BTC/USD) for October 12.