HONG KONG―From Europe to Asia, shares fell and government bond yields rose on Wednesday as oil prices hit their highest in seven years, fuelling concerns about rising inflation. The Euro STOXX 600 fell 1.8 percent, denting gains made in its best day in 11 weeks on Tuesday, with tech stocks down more than 2 percent…
Stocks Slip, Bond Yields Bounce as Oil Fuels Inflation Angst
October 6, 2021
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New Generation of Afghans Protest Taliban Rule; Taliban Targets Journalists
It’s been about a month since the chaotic full withdrawal of U.S. forces from Afghanistan. Since then, there have been many reports of violence and even murder of Afghans left there who allied with the United States. There are also reports of journalists, protesters for women’s rights, and others being targeted by the Taliban. What…
House GOP Members Demand Documents From Biden Administration Related to Afghanistan Exit
October 5, 2021
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The ranking member of the House Foreign Affairs Committee, Rep. Michael McCaul (R-Texas), is demanding answers from the Biden administration about the chaotic Afghanistan withdrawal. McCaul rallied a group of GOP representatives to send a Resolution of Inquiry (ROI) to the White House, demanding that the administration, including the State Department, turn over all documents,…
Biden Administration to Resume Transport Flights After Vaccinating 49,000 Afghan Evacuees
The Biden administration will resume flights with Afghan evacuees into U.S. cities from overseas bases following a pause to vaccinate thousands of people. The Department of Homeland Security (DHS) announced Monday that the flights from the Middle East, Europe, and domestic flights will start this week after a vaccination campaign. “The success of this vaccination…
World Stocks Steady Near Lows as Inflation Jitters Ease
October 5, 2021
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MILAN—World shares steadied near lows on Tuesday as worries that rising oil prices will feed inflationary pressures appeared to ease, while the dollar regained strength ahead of U.S. payrolls data on Friday seen as key to the Federal Reserve’s next move. MSCI’s gauge of global stocks was down 0.1 percent by 0823 GMT but off…
Israel Accuses Iran of Cyprus Attack Plot After Suspect Arrested
JERUSALEM/NICOSIA—Israel accused Iran on Monday of orchestrating an attempted attack against Israelis in Cyprus after police on the Mediterranean island said an armed individual had been arrested. Iran swiftly denied the accusation. “This was a terrorist incident directed by Iran against Israeli businesspeople living in Cyprus,” Matan Sidi, spokesman for Prime Minister Naftali Bennett, said…
Taliban Government Behavior ‘Not Encouraging’, Says EU Foreign Policy Chief
RIYADH—The European Union foreign policy chief said on Sunday the Taliban government’s behavior up to now was “not very encouraging”, and any economic collapse in Afghanistan would raise the risk of terrorism and other threats. Josep Borrell, speaking at a joint news conference with his Saudi Arabian counterpart, also said he hoped nuclear talks between…
OPEC+ Sticks to Plan for Gradual Output Hike, Oil Price Roars Higher
October 4, 2021
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LONDON―OPEC+ said on Monday it would stick to an existing pact for a gradual increase in oil output, sending crude prices to three-year highs and adding to inflationary pressures that consuming nations fear will derail an economic recovery from the pandemic. The Organization of the Petroleum Exporting Countries, Russia, and allies, known as OPEC+, have…
Afghan Women Ministers Warned Canada of Taliban Atrocities in June: Senator
OTTAWA—Afghan women ministers made pleas to Canadian politicians for help—and shared warnings about atrocities and the erosion of women’s rights—two months before the Taliban took control of Kabul. In June, female Afghan ministers begged Canada to “do something for us” as the Taliban advanced, says a Canadian senator who took part in a videoconference between…
Oil Steady Ahead of OPEC+ Supply Policy Meeting
October 4, 2021
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LONDON—Oil was steady on Monday ahead of a meeting by OPEC and its allies which may determine whether a recent rally in prices amid supply shocks and a recovery from the COVID-19 pandemic will be sustained. Brent crude was down 6 cents or 0.1 percent at $79.22 per barrel by 0935 GMT. It rose 1.5…
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