LONDON—World markets stayed focused on rising inflation on Thursday as tech stocks rebooted global equities, oil and gas prices fired up again but the dollar and benchmark government bond yields both stalled. Record high Chinese factory gate inflation data overnight following stronger-than-expected U.S. CPI figures on Wednesday meant the price pressure theme was very much…
Inflation Angst Lifts Stocks but Reins Back Dollar
October 14, 2021
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People in Israel and Bahrain Risk Losing Vaccination Status If They Do Not Get Booster Shot
October 14, 2021
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Residents of Israel and Bahrain who are eligible for COVID-19 vaccine booster shots and do not have them risk losing their vaccination status granting them access to everything from restaurants to shopping malls. Israel was the first country to make a booster shot a requirement for “Green Pass” digital vaccination passports, which allow individuals to enter everything from…
Are 28,500 US Troops Enough to Stop North Korea Invading South Korea?; North Korea’s Latest Missile Launch
October 13, 2021
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Veteran Middle East and Asia correspondent Donald Kirk says the “Peace on the Korean Peninsula Act,” recently proposed to Congress, could represent anything but peace for South Korea. North Korea would only agree to officially ending the Korean War on condition of the full withdrawal of U.S. troops from South Korea, he says. Even with…
Australian Islamic Council Cancels Online Event Featuring Taliban Representatives
October 13, 2021
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The Australian Federation of Islamic Councils (AFIC) has cancelled a planned event after it attracted criticism for providing a platform for senior Taliban representatives to speak in Australia to Muslim youth. The online forum was titled The Islamic Emirate of Afghanistan and Diaspora Muslims, and was billed as a “stellar panel of speakers” discussing “the…
Afghan Interpreter Who Helped Rescue Biden in 2008 Leaves Afghanistan
An Afghan interpreter who helped with the rescue of President Joe Biden in 2008—who was then a senator—managed to leave the war-torn nation with his family, according to multiple reports. Aman Khalili, along with his wife and four children, “safely departed Afghanistan and subsequently initiated onward travel from Pakistan,” a representative for the U.S. State Department told…
Oil Falls on Concerns of Faltering Economic Growth to Hit Demand
October 13, 2021
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LONDON—Oil prices edged down on Wednesday on concerns that oil demand growth will fall as major economies suffer through inflation and supply chain issues though surging prices for power generation fuel such as coal and natural gas limited losses. Brent crude futures fell 24 cents, or 0.2 percent, to $83.18 a barrel at 0830 GMT….
EU Increases Aid Pledge to Afghanistan and Its Neighbours to 1 Billion Euros
BRUSSELS—The European Union will give an additional 700 million euros ($809.2 million) in emergency aid to Afghanistan and its neighboring countries, the European Commission said ahead of Tuesday’s Group of 20 Afghan summit. The pledge takes the total commitment of new funding to 1 billion euros after the EU executive’s earlier promise of 300 million…
Iran Arrests 10 It Says Spied for Foreign Intel Agencies
TEHRAN, Iran—Iran has arrested 10 people in a southern province it says are linked to foreign intelligence services, the official IRNA news agency reported Tuesday. The report said Iran’s intelligence agency arrested the 10 after “sophisticated and continuous” surveillance in Bushehr province. It didn’t name the countries the suspects were linked to. The 10 worked…
Australian PM Urges Humanitarian Aid to Afghans
Australian Prime Minister Scott Morrison has urged world leaders to continue to provide aid to the Afghan people living under Taliban rule. Morrison made the comments when he attended the virtual Group of 20 (G20) summit overnight, hosted by the Italian prime minister. He also called on global leaders to maintain pressure on the Taliban…
Israel a Step Closer to Commercial Drones With Latest Tests
TEL AVIV, Israel—Dozens of drones floated through the skies of Tel Aviv on Monday, ferrying cartons of ice cream and sushi across the city in an experiment that officials hope provided a glimpse of the not-too-distant future. Israel’s National Drone Initiative, a government program, carried out the drill to prepare for a world in which…
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