French President Emmanuel Macron has urged Israeli authorities to “more precisely define” the end goals of the war with Hamas, while arguing that the stated aim of totally eliminating the Palestinian militant group may result in a years-long conflict. Macron’s comments came after Israeli Prime Minister Benjamin Netanyahu vowed on …
Read More »British monarch Queen Elizabeth II dies aged 96 after seven-decade reign
Queen Elizabeth II has passed away at the age of 96, Buckingham Palace has announced. Her reign lasted 70 years, making her the longest-serving British monarch and female head of state in history. “The Queen died peacefully at Balmoral this afternoon,” Buckingham Palace said in a statement on Thursday evening. …
Read More »Bitcoin racks up longest losing streak in nearly half a decade
The world’s biggest digital asset, bitcoin, fell for a seventh straight day, marking its longest losing streak since 2018, as the crypto market contends with new strains of Covid-19, inflation and a hawkish turn of the US Fed. The steep sell-off, attributed to these factors, sent bitcoin plummeting to $40,800 …
Read More »Still no need for Nord Stream 2? European gas prices hit decade high due to shortage of supply
The price of the October futures on the TTF hub in the Netherlands on September 14 surpassed $800 per 1,000 cubic meters, or 65.50 euro per megawatt-hour in household terms. Gaining over $70 per 1,000 cubic meters in just one day, the price of gas in Europe is now at …
Read More »Bill Gates says ‘NO’ to opening vaccine patents – adds it probably won’t take a DECADE for poor nations to get the jab
Vaccines developed by pharmaceutical giants like Pfizer and Moderna enjoy global protection under the World Trade Organization (WHO). Considering the scarcity of the medicines, there have been increasing calls from countries like India and South Africa, international relief organizations and public figures to waive those protections so that poorer countries …
Read More »Who is David Chipman? Biden’s gun czar nominee defended Waco, spent decade in anti-gun activism
Announcing Chipman’s nomination to head the Bureau of Alcohol, Tobacco, Firearms and Explosives on Thursday, the White House said he “served at ATF for 25 years and now works to advance commonsense [sic] gun safety laws.” The agency, still known as ATF – though Biden twice called it “AFT” instead …
Read More »Following a decade of incidents and hundreds of deaths, how can ‘tainted and deluded’ Boeing regain the public’s trust?
Hundreds of terrified passengers saw their lives flash before them last week, as United Airlines Flight 238 shuddered violently while parts began to fly off its right engine. A fire erupted, with the flames captured on cameraphones, via the plane’s windows. Down on the ground, citizens of Broomfield, Colorado described …
Read More »Myanmar sees largest protest in over a decade as supporters of ousted civilian leadership demand generals reverse coup
The incident, which reportedly happened in the border town of Myawaddy on Sunday, shows the fragility of the situation. The mass protests – the largest Myanmar has seen since the 2007 crisis – have so far been largely peaceful, but the country remains in a volatile state since the start …
Read More »Recession is over for the richest few, while billions will live in poverty for at least a decade – Oxfam
The report, called ‘The Inequality Virus’, was published on the opening day of the World Economic Forum in Davos, which is being held virtually this year. It showed that the 1,000 richest people on the planet recouped their coronavirus losses within just nine months, but “it could take more than …
Read More »Silver lining of the crisis: White metal outshines gold amid best decade for precious metals
The yellow metal enjoyed a banner year driven by pandemic uncertainty, the weakness of the US dollar and low interest rates. After posting minor gains at the closing session of the year, gold booked around a six-percent rise for December. For the whole year, its price surged by nearly 25 …
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