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Kremlin Condemns Western Arms Use By Ukraine As 'Dangerous Escalation'; Kyiv's F-16 Jet Deliveries Reduced Due To 'Language Barrier'
Friday, July 12, 2024 - 3:33pm | 570The Kremlin has accused Western countries of a “very dangerous escalation” for permitting Ukraine to use Western-supplied arms to strike Russian territory. Kremlin spokesperson Dmitry Peskov stated that the use of long-range missiles by Ukraine is a provocation and escalates tensions...
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Israel Terms Gaza Ceasefire Accepted By Hamas As 'Softened'; US Opposes Netanyahu's Operation In Rafah
Monday, May 6, 2024 - 3:43pm | 635The Islamist group Hamas has officially accepted a ceasefire proposal mediated by Egypt and Qatar on Monday, as confirmed by Hamas chief Ismail Haniyeh. The announcement came shortly after Israel mandated evacuations in the southern Gaza city of Rafah, signaling preparations for a possible military...
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April Showers On Wall Street: Miners, Utilities Emerge As Bright Spots In Gloomy Market
Tuesday, April 30, 2024 - 4:38pm | 1922As April comes to a close, it’s time to compile the rankings for the top-performing sector and industry exchange-traded funds of the month. Taking a broader look at the stock market, the S&P 500 Index, represented by the SPDR S&P 500 ETF Trust (NYSE:SPY), finished April on a downturn...
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Commodities Poised For Comeback In Investor Portfolios: 'The Future Could Be Different,' Strategist Says (UPDATED)
Tuesday, March 26, 2024 - 12:39pm | 831Editor’s Note: The headline has been revised to accurately attribute the quote “the future could be different” to BofA analyst Francisco Blanch. The four most dangerous words in finance are: “this time it’s different,” as renowed investor Sir John Templeton once...
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International Criminal Court Raises Alarm Over Israeli Rafah Operations, Urges Justice For War Crimes
Monday, February 12, 2024 - 5:57pm | 668Karim Ahmad Khan, a prosecutor with the International Criminal Court (ICC), voiced grave concerns Monday over the recent Israeli military operations in Rafah. Khan, on social media, warned of an intensified focus on bringing to justice those responsible for what he fears are violations of the Rome...
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Energy Stocks 'A Hedge Against Things Getting More Out of Control' In Middle East, Says Veteran Investor
Tuesday, January 30, 2024 - 5:32pm | 513Seasoned Wall Street investor Ed Yardeni, in an interview with Bloomberg on Jan. 30, recommended owning energy-related stocks to hedge against potential oil price shocks. Yardeni highlighted the current geopolitical volatility, particularly in the Middle East, as a factor that could lead to a...
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Blinken At Davos: US Strategic Vision On Middle East, Ukraine, And 'Most Complex' Relationship With China
Wednesday, January 17, 2024 - 11:19am | 817At the World Economic Forum 2024 in Davos, U.S. Secretary of State Antony Blinken, in a conversation moderated by New York Times journalist Tom Friedman, outlined America’s strategies for navigating the intricate web of Middle East tensions, the ongoing Ukraine conflict, and the delicate...
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Shell Suspends Red Sea Shipments As Yemen's Houthi Strikes Intensify: 'An Attack On The Global Economy,' Blinken Says
Tuesday, January 16, 2024 - 12:02pm | 691British oil giant Shell plc (NYSE:SHEL) has announced a complete halt to its shipments traversing the Red Sea, a critical global trade route, due to mounting security concerns. This decision, as reported by the Wall Street Journal citing informed sources, is a direct response to the increasing...
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Trade Turmoil: Houthi Attacks In Red Sea Ignite Rerouting Crisis, Drive Surging Shipping Stocks
Thursday, December 28, 2023 - 2:06pm | 756The escalating disruptions in the Red Sea, caused by attacks led by Yemen-based Houthi rebels targeting ships, have triggered a significant shift in global trade patterns. Industry data from Flexport Inc., unveiled in a Bloomberg story on Thursday, reveals a startling development: around half of...
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Historic Biden-Xi Jinping Meeting Paves Way For Joint Efforts In AI, Climate Change
Wednesday, November 15, 2023 - 4:49pm | 835A new era of cooperation and mutual respect between the United States and China is poised to reshape the dynamic between the world’s two leading powers. In a historic summit in Woodside, California, President Joe Biden and Chinese leader Xi Jinping convened for their first face-to-face summit...
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Investors Now More Concerned About Geopolitical Conflict Than Inflation: Bank Of America Survey Reveals
Wednesday, November 15, 2023 - 4:58am | 506A recent Bank of America survey has revealed that investors are now becoming more apprehensive about geopolitical conflict than inflation. What Happened: According to a Business Insider report, the survey conducted by Bank of America has shown a significant change in investors’ risk...
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Defense Stocks Surge As Israel Says It Thwarts Seaborne Hamas Attack; US Issues Warnings To Iran
Tuesday, October 24, 2023 - 3:37pm | 985Defense-related stocks rose on Tuesday, outperforming the broader stock market, amid rising tensions in the war between Israel and Hamas. The iShares U.S. Aerospace & Defense ETF (NYSE:ITA) rallied 1.2%, while the Invesco Aerospace & Defense ETF (NYSE:PPA) surged 0.8%. RTX Corporation (...
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How The US-Saudi Defense Pact Could Reshape Middle East Geopolitics
Friday, September 29, 2023 - 11:25am | 456Saudi Arabia is on the path to secure a defense pact with the U.S., with conditions tied to the establishment of diplomatic relations with Israel. Three sources familiar with the matter have revealed to Reuters that Saudi Arabia is determined to secure a military arrangement in which the U.S....
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S&P 500 Companies Sidestep China, Invest In Politically Aligned Nations
Tuesday, September 19, 2023 - 3:38pm | 1189The geopolitical landscape is increasingly becoming a key variable in the decision-making process of the largest publicly traded companies when directing investments abroad, new data points out. The world is once again becoming fragmented in two blocs, but the playing field is by far more...
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Vladimir Putin Set For China Visit Despite ICC Arrest Warrant
Tuesday, August 29, 2023 - 10:37am | 553Russian President Vladimir Putin is slated to embark on his inaugural overseas journey since the International Criminal Court (ICC) issued an arrest warrant against him over purported war crimes. Bloomberg obtained the information from people familiar with the Kremlin’s plans who chose to...