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TEL AVIV, Israel (AP) — U.S. Secretary of State Antony Blinken on Thursday stepped up calls for Israel to comply with international law as it wages its war against Hamas in Gaza. But he also said it is imperative that Israel protect civilians if it starts major military operations in southern Gaza. Netanyahu said he told Blinken, “This is the same Hamas that carried out the terrible massacre on Oct. 7, the same Hamas that tries to murder us everywhere. Blinken told Abbas "he would continue to insist on full accountability for those responsible,” the State Department said. Blinken also told Abbas that “the United States remains committed to advancing tangible steps for a Palestinian state,” it said.

Persons: Antony Blinken, Blinken, Biden, Joe Biden's, Benjamin Netanyahu, Blinken “, West Bank ”, Netanyahu, ”, —, ” Netanyahu, Mahmoud Abbas, Abbas Organizations: —, Joe Biden's Democratic Party, Israeli, State Department, West Bank, United Arab Emirates Locations: TEL AVIV, Israel, Gaza, U.S, Jerusalem, Palestinian, United States, Dubai

☆ Analysis: Political gridlock may help U.S. stocks but inflation still in driver's seat
▼ + stars: | 2022-11-17 | by ( Saqib Iqbal Ahmed | ) www.reuters.com time to read: +4 min

A split government "makes major policy changes unlikely, and that stability in policy tends to be reassuring for investors." Still, macroeconomic concerns and monetary policy have driven markets all year, and investors believe that trend is unlikely to change anytime soon. "Inflation matters more than anything else right now," said Michael Antonelli, managing director and market strategist at Baird. In the last five instances when the November-December period occurred in a bear market, the S&P 500 logged an average two-month decline of 2.2%. If you look at bear markets there is no evidence of seasonality at the end of the year," Antonelli said.

☆ Republicans win U.S. House majority, setting stage for divided government
▼ + stars: | 2022-11-16 | by ( Richard Cowan | ) www.reuters.com time to read: +6 min

[1/3] House Republican Leader Kevin McCarthy (R-CA) speaks to reporters after McCarthy was nominated by fellow Republicans to be their leader or the Speaker of the House if they take control in the next Congress, following House Republican leadership elections at the U.S. Capitol in Washington, U.S., November 15, 2022. REUTERS/Michael A. McCoyWASHINGTON, Nov 16 (Reuters) - Republicans were projected to win a majority in the U.S. House of Representatives on Wednesday, setting the stage for two years of divided government as President Joe Biden's Democratic Party held control of the Senate. Even though the expected "red wave" of House Republicans never reached shore, conservatives are sticking to their agenda. The 2024 election will immediately influence many of the legislative decisions House Republicans pursue as they flex their muscles with a new-found majority, however narrow. House Republican Leader McCarthy on Tuesday won the support of a majority of his caucus to run for the powerful position to succeed Nancy Pelosi.

Results of Tuesday's election remain uncertain, with President Joe Biden's Democratic Party performing better than expected and potentially in position to retain control of the Senate. "This will be de facto gridlock regardless of the outcome," said Brian Gardner, Washington-based strategist for Stifel. But it can also gum up the wheels of basic governance and pose its own set of risks. But it also may have helped trigger the current round of inflation, and has pushed U.S. public debt to record levels. That may mean a more reluctant fiscal response to any coming downturn.

☆ Analysis: As Netanyahu returns, concerns grow over far-right ally
▼ + stars: | 2022-11-03 | by ( James Mackenzie | ) www.reuters.com time to read: +6 min

[1/5] Likud party leader Benjamin Netanyahu, accompanied by wife Sara Netanyahu, addresses his supporters at his party headquarters during Israel's general election in Jerusalem, November 2, 2022. "This party is a huge success, no religious party in Israel has ever achieved such a number," he said. With the conflict with the Palestinians surging anew and touching off Jewish-Arab tensions within Israel, Ben-Gvir on Thursday tweeted: "The time has come to impose order here. Contrary to his hawkish image, Netanyahu has often taken a more flexible and pragmatic approach than some of his predecessors. "Netanyahu now has a personal interest in limiting the power of law authorities and the Supreme Court because of his trial," Shapira said.

☆ Saudi Arabia pushed other OPEC nations into oil cut, White House claims
▼ + stars: | 2022-10-13 | by ( ) www.reuters.com time to read: +2 min

Flames are seen at the production facility of Saudi Aramco's Shaybah oilfield in the Empty Quarter, Saudi Arabia May 22, 2018. REUTERS/Ahmed Jadallah/File PhotoWASHINGTON, Oct 14 (Reuters) - Saudi Arabia pushed other OPEC+ nations into an output cut last week, the White House claimed on Thursday, part of an escalating war of words between the two countries. "More than one" OPEC member disagreed with Saudi Arabia's push to cut production and felt coerced into the vote, National Security Council spokesman John Kirby told reporters. Of those cuts, experts expect an actual production cut of about half that level. The production cut is the latest sign of deteriorating U.S.-Saudi relations since Biden took office.

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