After leaving for more than five months, Iran returned to talks on a nuclear deal on Monday in Vienna, doubling down on its demand that sanctions must be lifted to salvage the deal. In June, the talks between Tehran and six other parties—the UK, France, Germany, Russia, China, and the EU—were put on hold because…
Iran Rejoins Nuclear Talk With Harsh Demands: ‘The Sanctions Must Be Lifted’
UK, Israel Vow to Thwart Iran’s Nuclear Ambitions
Britain and Israel have pledged to work together to stop Iran from developing nuclear weapons, as the two nations agree to boost collaboration on issues such as cybersecurity, defence, and trade. British Foreign Secretary Liz Truss said the UK will “work flat out” to prevent Iran from securing nuclear weapons, after she signed a “memorandum…
No Severe Omicron COVID-19 Cases Among Vaccinated People: Top Israeli Expert
Israeli officials said that researchers have not found any severe COVID-19 cases among vaccinated people infected with the Omicron variant. The CCP (Chinese Communist Party) virus strain—which was named Omicron by the World Health Organization (WHO) last week—has prompted fresh global panic as a number of countries imposed travel restrictions on southern African countries, where…
Turkish Citizens Abandon the Lira for Dollars Amid Unstable Economy and Soaring Inflation
November 29, 2021
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Turkish citizens are abandoning the country’s currency, the lira, in exchange for U.S. dollars amid an unstable economy that has seen inflation levels soar. The lira crashed 15 percent against the dollar on Tuesday last week in its second-worst day ever after President Tayyip Erdogan, who has led the country since 2003, said that he would not be deterred…
Israel to Host Miss Universe Contest Despite Omicron, Minister Says
JERUSALEM—Israel will host the Miss Universe beauty pageant in the Red Sea resort of Eilat on Dec. 12 despite imposing travel restrictions to try to stave off the Omicron coronavirus variant, Tourism Minister Yoel Razvozov said on Sunday. On Saturday Israel announced that it was banning foreigners from entering the country, but Razvozov on Sunday…
Israel to Shut Borders to All Foreigners, Use Phone-Tracking Tech Over Omicron COVID-19 Variant
Israel on Saturday unveiled new plans to ban all foreigners into the country, a world-first in efforts to curb the spread of the newly detected COVID-19 variant called Omicron. The nation has also revealed plans to use counter-terrorism phone-tracking technology to surveil the new variant’s spread. The travel ban to all foreigners would last 14…
Protesters Break Into Lebanese Ministry as Crisis Deepens
BEIRUT—A small group of protesters broke into a ministry building in Beirut early on Friday and removed a photo of the president from one of its main rooms, as the Lebanese pound hit a new low amid a worsening economic and political stalemate. The protesters who entered the Ministry of Social Affairs said conditions in…
Turkish Lira Holds Ground After Week’s Volatile Selloff
ISTANBUL—Turkey’s lira was flat on Thursday after a historic slide to record lows this week that was triggered by President Tayyip Erdogan’s defence of interest rate cuts, despite widespread criticism of his policy direction. The lira was worth 12.09 versus the dollar by 1044 GMT, after having firmed as much as 2 percent to 11.85…
Oil Weakens, Focus on OPEC+ Response to US–Led Crude Release
November 25, 2021
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MELBOURNE/SINGAPORE—Oil prices edged down on Thursday with investors waiting to see how major producers respond to the emergency crude release by major consuming countries designed to cool the market, even as data pointed to healthy U.S. fuel demand. Brent crude futures slipped 7 cents to $82.18 a barrel at 0726 GMT, after losing 6 cents…
Global Stocks Mixed After Fed Says Ready to Act on Inflation
November 25, 2021
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Asia & PacificAustraliaBusiness & EconomyBusinesses in COVID-19ChinaChina Business & EconomyCompaniesDistrict of Columbiaeconomic policieseconomyEuropeglobalGold & CommoditiesIndiainflationInternationalInvestmentLocal NewsMarket WatchMarketsMedia & Big TechMiddle EastNew YorkNY NewsRegional-Local NewsstocksTexasUKUSUS NewsUSAWorld
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Asia & PacificAustraliaBusiness & EconomyBusinesses in COVID-19ChinaChina Business & EconomyCompaniesDistrict of Columbiaeconomic policiesEconomyEuropeglobalGold & CommoditiesIndiainflationInternationalInvestmentLocal NewsMarket WatchMarketsMedia & Big TechMiddle EastNew YorkNY NewsRegional-Local NewsstocksTexasUKUSUS NewsUSAWorld
BEIJING—Global stock markets mostly rose Thursday after Federal Reserve officials indicated they were ready to hike interest rates sooner than expected if needed to cool U.S. inflation. London, Tokyo, Frankfurt, and Hong Kong markets advanced, while Shanghai declined. Wall Street futures were higher. U.S. markets were closed for the Thanksgiving holiday. They reopen Friday for…
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