Syria executed two dozen people on Wednesday after they were charged for igniting wildfires last year that burned nearly 60,000 acres of forests and also killed three people. The country’s justice ministry said in a statement on Thursday that the 24 executed individuals were charged with “committing terrorist acts that led to the death and…
Bus Bomb Explodes in Syrian Capital Killing 14, Army Shelling in Rebel Territory Claims 12 Lives
Bombs attached to a bus carrying Syrian army troops exploded in Damascus killing 14. This was followed by army shelling in the rebel-held northwest which resulted in 12 deaths, including four children. The attacks happened on the morning of Wednesday, Oct. 20. The bus bombs exploded in a busy intersection in Damascus where people transfer…
Risk Currencies’ Rally Pauses, Yen Recovers, Turkish Lira Sinks
October 21, 2021
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LONDON—Australian and New Zealand dollars slipped from highs hit overnight, and the dollar fell versus the yen on Thursday, in what analysts said was profit-taking following a strong rally. The U.S. dollar index was flat on the day at 1051 GMT, at 93.669. Versus the Japanese yen, the dollar was down 0.3 percent at 114….
Oil Hits Multi-Year High Above $86, Then Pulls Back
October 21, 2021
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LONDON—Oil hit a three-year high above $86 a barrel on Thursday driven by tight supply and a global energy crunch, although prices eased as some investors took profits on signs the rally is looking overstretched. Helping to drive the latest gain, a supply report from the U.S. Energy Information Administration on Wednesday showed crude and…
Stocks Stall, Oil Cools, Evergrande and Lira Fall
October 21, 2021
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LONDON—World stocks slipped on Thursday as the upbeat mood that carried the Dow Jones and bitcoin to records a day earlier ran out of steam, while a pause in the oil rally stalled rising global bond yields. Turkey’s lira was backsliding towards record lows with the central bank expected to chop its interest rates again…
A Middle East ‘Quad’ Begins to Develop
NEW DELHI—First there was a quadrilateral security alliance or “quad” between the United States, India, Japan, and Australia in the Indo-Pacific. Now there’s buzz about a Middle East quad between the United States, India, Israel, and the UAE. What has been described as a “preliminary” and informal meeting between the foreign ministers of the four…
IMF Sees Economic Growth With Higher Inflation for Mideast
DUBAI, United Arab Emirates—The Middle East is expected to see significant economic growth this year, but also soaring inflation and food prices, as coronavirus vaccines are unevenly rolled out across the region, the International Monetary Fund said Tuesday. The lender’s new report projects the region’s economies will grow by around 4 percent, while inflation will…
Israeli Scuba Diver Discovers Ancient Crusader Sword
JERUSALEM—An Israeli scuba diver has salvaged an ancient sword off the country’s Mediterranean coast that experts say dates back to the Crusaders. Israel’s Antiquities Authority said Monday the man was on a weekend dive in northern Israel when he spotted a trove of ancient artifacts that included anchors, pottery, and a yard-long sword. The diver…
State Department Watchdog Launches Review of Biden’s Afghanistan Withdrawal
The State Department’s inspector general has initiated a review of how the Biden administration withdrew from Afghanistan. The watchdog, or the State OIG, told members of Congress that it notified the State Department of several “oversight projects” related to the ending of operations at the U.S. Embassy in Kabul, according to a letter obtained and published…
US Envoy to Afghanistan Resigns Less Than 2 Months After Withdrawal
The chief U.S. envoy to the Taliban is stepping down from his role, Secretary of State Antony Blinken announced on Monday. U.S. ambassador Zalmay Khalilzad tendered his resignation on Monday in a letter sent to Blinken. He will be replaced by Thomas West, who previously served as the deputy special representative. “As Special Representative for Afghan Reconciliation Zalmay…
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