Today: 3. Jul, 2024
When geopolitical unrest emerges, defence stocks usually shine. Such has been the case in the wake of the recent Israel-Hamas conflict. As tensions rose, defence contractors saw their shares spike. The rationale? Wars typically equate to increased revenue for the defence industry,…
Palestinian officials reported that Gaza’s medical infrastructure finds itself on the precipice of disintegration as hospitals grapple with the dire consequences of prolonged electricity cuts and fuel shortages. This catastrophic scenario unfolds against a backdrop of ongoing bombardment and siege, further deepening…
In the face of escalating tensions in the Middle East, oil prices have experienced fluctuations, with potential ramifications for global markets. Prices surged above $91 a barrel in response to heightened diplomatic efforts to tackle the Israel-Hamas crisis. However, as the day…
In a year marked by heightened labour actions and corporate confrontations, one might expect the financial implications for businesses to be dire. Corporate America has lambasted striking workers, accusing unions of unreasonable demands. The substance has been clear: acquiesce to these demands,…
In an unprecedented move, the European Union declared on Monday that it is “immediately” suspending hundreds of millions of euros intended for Palestinian authorities. The decision comes in response to what EU Commissioner Oliver Varhelyi described as the “scale of terror and…
Israeli military units fired on two structures within a zone that they identified as demilitarized in Syria, alleging these buildings breached a cease-fire deal in place since 1974, according to a statement from the Israeli army. The army contends that these structures…
Israeli Prime Minister Benjamin Netanyahu has expressed apprehension regarding the transfer of Israeli-manufactured defense systems, including the Iron Dome funded by the U.S., to Ukraine, fearing that they could eventually end up in Iran’s possession. During an interview with the Wall Street…
