DIRS.INFO The most relevant business & tech news

☆ I'm a product manager at HP in Israel and a volunteer for the border police. This has been the most emotional week of my life.
▼ + stars: | 2023-10-15 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +7 min

He works as a product team manager at HP in Israel and volunteers for the border patrol police. AdvertisementAdvertisementThis is an as-told-to essay based on a conversation with Elad Zmora, a 46-year-old product team manager at HP in Israel. After the siren, we started getting news of what happened at the Supernova trance music festival in the Negev desert. Friends and family started calling us and people were sharing news on WhatsApp. We started getting news last Saturday about Hamas penetrating villages of the Kibbutz and slaughtering people in the streets.

Persons: Elad Zmora, —, I've, that's, who's Organizations: HP, Service, Hamas, Reuters, police, Israel Defence Forces, Management Locations: Israel, Reim, Gaza, It's

☆ Israel's military has tools to take down Hamas' new drone arsenal, but actually using them may not be easy
▼ + stars: | 2023-10-14 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

AdvertisementAdvertisementIsrael has been a pioneer in drone warfare, producing an array of reconnaissance and strike drones. The assault began with a Hamas drone that dropped a bomb on an Israeli Merkava 4 tank, one of the most advanced in the world. Hamas members display a drone in a parade for the anniversary of Hamas' founding, in Gaza City in December 2014. NurPhoto/NurPhoto via Getty ImagesThe full breadth of Hamas' drone arsenal will not become evident until Israel attacks. AdvertisementAdvertisementKnocking out a Merkava tank indicates greater skill and boldness in Hamas' drone use, though it enjoyed the advantage of surprise against IDF troops.

Persons: Israel, —, Gaza City's, Mustafa Hassona, John Spencer, Spencer, Jack Watling, JACK GUEZ, Watling, it's, Michael Peck Organizations: Service, Israel Defense Forces, Israel, Hamas, Getty, IDF, Anadolu Agency, Modern, Institute, Britain's Royal United Services Institute, Wilson Center, Washington DC, Palestinian, Defense, Foreign Policy, Twitter, LinkedIn Locations: Gaza, Israel, Ukraine, Gaza City, Gaza City's Abu Nasr, West, Turkish, Russian, Iraq, Washington, Israeli, AFP, jammers, Forbes

☆ Russia can gain from Middle East turmoil — but it could backfire if the war spirals out of control
▼ + stars: | 2023-10-13 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

Putin likely wanted to show that Moscow is still important in the Middle East by visiting Iran, said John Drennan of the U.S. Institute of Peace. It could present an opportunity for them but also could present a very, very disastrous outcome for their influence in the Middle East too if the conflict spirals out of control," Ramani said. Analysts also believe Russia will use the war in Israel and Gaza to sow disinformation about Ukraine and discord among its allies. As such, the war between Israel and Hamas also provides Russia with an opportunity to flex its diplomatic muscles in the Middle East, after something of a hiatus from the global stage. So this shows that Russia is not isolated in the Middle East, and Russia still maintains the same array of diplomatic partnerships that it had before the war," he noted.

Persons: Vladimir Putin, Ebrahim Raisi, Putin, John Drennan, Sergei Savostyanov, Samuel Ramani, Ramani, Volodymyr Zelenskyy, Joe Biden, Jim Watson, Volodymy Zelenskyy, Sergei Karpukhin, Benjamin Netanyahu, Maxim Shemetov, They've, they've, Bashar al, Assad Organizations: Getty, Palestinian, Hamas, U.S . Institute of Peace, AFP, Royal United Services Institute, CNBC, Kremlin, Ukraine, Analysts, White, U.S, Congress, NATO, Afp, International Energy Agency, Russia, Israeli, Iraqi Locations: Sochi, Russia, Israel, Gaza, Moscow, Iran, Ukraine, Lebanon, Syria, Iraq, U.S, Europe, Washington ,, Brussels, Russian, OPEC, Turkey, Egypt, Tehran

☆ Supporters of Palestinians and Israel to protest and pray as war intensifies
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +2 min

[1/6] Supporters of Iraqi Shi'ite cleric Moqtada al-Sadr gather for mass Friday prayer during a protest in solidarity with Palestinians in Gaza, in Baghdad, Iraq, October 13, 2023. Hamas, which rules Gaza, urged Palestinians to rise up on Friday in protest against Israel's bombardment of the enclave, calling on them to march on the mosque and to confront Israeli troops in the occupied West Bank. The militant group said Palestinians should stay at the mosque through Friday, when Muslims hold large weekly prayers. Rallies were planned in Rome, Munich, Istanbul, Belgrade and other cities in support of the Palestinians and to protest against the bombing of Gaza. Israel has since been pounding Gaza with airstrikes and artillery fire in retaliation and more than 1,500 Palestinians have been killed.

Persons: Moqtada al, Sadr, Saba Kareem, Michael Schudrich, Emmanuel Macron, Angus MacSwan, Andrew Heavens Organizations: REUTERS, West Bank, Mount, Hamas, European Union, Reuters, Thomson Locations: Gaza, Baghdad, Iraq, Israel, France, Aqsa, East Jerusalem, Mecca, Medina, Rome, Munich, Istanbul, Belgrade, United States, Warsaw, Poland, Paris

☆ Iran's Foreign Minister to Make Regional Tour - Tasnim
▼ + stars: | 2023-10-12 | by ( Oct. | At A.M. | ) www.usnews.com time to read: 1 min

DUBAI (Reuters) - Iran's foreign minister Hossein Amirabdollahian will start a regional tour on Thursday to discuss the Israeli-Palestinian conflict, involving trips to Iraq and Lebanon, the Tasnim news agency said on Thursday. Amirabdollahian will meet Iraqi officials on Thursday, the semi-official agency said. "In light of the current Palestinian events, the crimes committed against Gaza and their dangerous ramifications, the foreign minister's regional trip will start today", Tasnim cited Iran's ambassador in Lebanon as saying. (Reporting by Elwely Elwelly; Editing by Andrew Cawthorne and Angus MacSwan)

Persons: Hossein Amirabdollahian, Amirabdollahian, Tasnim, Elwely Elwelly, Andrew Cawthorne, Angus MacSwan Organizations: Reuters Locations: DUBAI, Iraq, Lebanon, Gaza

Oil rigs are seen at Vaca Muerta shale oil and gas drilling, in the Patagonian province of Neuquen, Argentina January 21, 2019. REUTERS/Agustin Marcarian/File Photo Acquire Licensing RightsOct 11 (Reuters) - Oil edged higher on Wednesday as investors grappled with the prospect of supply disruptions due to the Middle East turmoil. Brent crude rose 26 cents, or 0.3%, to $87.91 a barrel by 0312 GMT. U.S. West Texas Intermediate (WTI) crude rose 17 cents, or 0.2%, to $86.14 a barrel. Israel produces very little crude oil, but markets are worried that the conflict could escalate and hurt Middle East supply, worsening an expected deficit for the rest of the year.

Persons: Agustin Marcarian, Brent, WTI, Warren Patterson, Ewa Manthey, Washington, Laura Sanicola, Muyu Xu, Leslie Adler Organizations: REUTERS, . West Texas, ING, Israel, U.S, U.S . Federal, Thomson Locations: Vaca, Patagonian, Neuquen, Argentina, Brent, Gaza, Israel, Iran, Saudi Arabia, U.S ., U.S, Venezuela, Caracas

"This is important for the predictability of the oil market, and ultimately for the well-being of all mankind," Putin said. Russia and Saudi have coordinated supply cuts - both as part of OPEC+ and with side agreements - to support oil prices in recent years. Putin praised Crown Prince Mohammed bin Salman and said that if there were differences on extending OPEC+ cuts, then the Kremlin would seek consensus. "For the stability of the oil market, the interaction of the main suppliers is necessary, and on open, transparent terms. And it is with this logic that Russia works with partners within the framework of OPEC+," Putin said.

Persons: Dado Ruvic, Putin, Vladimir Putin, Mohammed Shia Al, Alexander Novak, Crown Prince Mohammed bin Salman, Vladimir Soldatkin, Guy Faulconbridge, Christina Fincher Organizations: REUTERS, Putin, Organization of, Petroleum, Russian Energy, Iraqi, Kremlin, Hamas, OPEC, Crown, Thomson Locations: OPEC, MOSCOW, Russia, Moscow, Sudani, Iraq, Saudi Arabia, Israel, Iran, Kuwait, Venezuela, Saudi

☆ Oil little changed as Middle East supply concerns fade
▼ + stars: | 2023-10-11 | by ( ) www.cnbc.com time to read: +1 min

Oil prices were little changed in early Asian trade on Wednesday, as concerns eased about potential supply disruptions due to the conflict between Israel and the Palestinian Islamist group Hamas. Brent crude rose 12 cents at $87.77 a barrel by 0009 GMT. U.S. West Texas Intermediate, or WTI, crude rose 3 cents to $86.00 a barrel. While Israel produces very little crude oil, markets worried that if the conflict escalates it could hurt Middle East supply and worsen an expected deficit for the rest of the year. Political risk has kept crude prices from falling further.

Persons: pumpjack, Brent, WTI, Washington Organizations: . West Texas, U.S Locations: Bakersfield, Kern County , California, USA, Israel, Palestinian, Brent, Gaza, Iran, Venezuela, Caracas

☆ As Turkey intensifies war on Kurdish militants, Iraqi civilians suffer
▼ + stars: | 2023-10-10 | by ( Lena Masri | Amina Ismail | ) www.reuters.com time to read: +23 min

Seventeen-year-old Samir Saado was finishing his cleaning shift at the village medical centre when an airstrike hit the building. Four members of the PKK-allied Sinjar Resistance Units (YBS), who were guards at the clinic, were killed, local officials said. All five said the medical centre was hit by at least three strikes about three minutes apart. Reuters showed Zwijnenburg the footage of the red crescent symbol on the wall of the medical centre. Across northern Iraq, local people say they are powerless to prevent armed groups setting up in their villages and districts.

Persons: Samir Saado, ” “, “, ACLED, Tayyip Erdogan, Iraq’s, Mustafa al, ”, Tatyana Eatwell, Jonathan Lord, ” Lord, Saeed Hasan, Isa Khoudeda, Turkey’s, wailed, Wim Zwijnenburg, Zwijnenburg, Saado, Yazidis, Saado’s, ” Saado, Schlier Namiq, Tuta Qal, Aram Kakakhan, Kakakhan, Ismail Ibrahim, Namiq, Saddam Hussein, Namiq’s, Ryam Ziad, Ziad Khedr, Hassan Kashmoula, Ryam, Mustafa Anwar, Khedr’s, ‘ neutralised, Nidal Mahmoud, Khedr's, ” Mahmoud Organizations: Turkish, Turkish Defence Ministry, Kurdistan Workers ' Party, European Union, Syrian Democratic Forces, Islamic, Turkey’s Defence Ministry, Reuters, Anadolu, Human Rights, Defence Ministry, Unit, Justice, United Nations Human, NATO, Pentagon, ISIS, ., Coalition, United Nations, Mission, Middle East Security, Center, New, New American Security, Military, Islamic State, Tuta, Iraq’s Kurdistan Regional Government, SDF, ” Reuters, International Crisis Group, Crisis, “ Locations: Iraq’s, Sinjar, Turkish, Saado, Iraq, Syria, Turkey, Kurdistan, Ankara, Northern Iraq, United States, PKK, U.S, Islamic State, Skeiniya, Germany, Turkish Government, Washington, New American, ”, Iran, Istanbul, Gaziantep province, Sabah, Europe, Greece, Iraq’s Sulaimaniya, Kurdish, Tuta, Ibrahim, Chamchamal, Chicago, Mosul, Iranian, Khedr

☆ Tanks and their big guns get all the attention, but Russia's smaller cannons are wreaking havoc against Ukrainian troops
▼ + stars: | 2023-10-10 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

Tanks have big guns, but medium-caliber cannons on other armored vehicles can be just as deadly. AdvertisementAdvertisementWhile tanks and their big guns have been getting the lion's share of attention in Ukraine, another weapon is proving equally deadly. Medium-caliber cannon — the 20-mm to 40-mm cannon found on infantry fighting vehicles, air-defense vehicles, and other platforms around the world — have been wreaking damage against infantry and other targets. Personnel load the gun of a BMP-2 amphibious infantry fighting vehicle during an arms exhibition Russia in September 2013. The effectiveness of medium-caliber cannons suggest that as armored vehicles evolve, those guns will remain part of their armament.

Persons: —, Sam Cranny, Evans, Vladimir Pesnya, Cranny, Sergei Karpukhin, Keith Anderson, Winifred Brown, Cannon, Michael Peck Organizations: Tanks, Service, Security, Defence, Victory Day, Getty, Royal United Services Institute, REUTERS, M4, Bradley, US Army, Staff, M2A3 Bradley, Fort Bliss Public Affairs, Defense, Foreign Policy, Twitter, LinkedIn Locations: Ukraine, Ukrainian, Russian, Square, British, Russia, Soviet, Lithuania, Iraqi, Britain, Afghanistan, Mali, New Mexico, France, NATO, China, Forbes

RUSSIAN DEATH TOLL IN HAMAS ATTACKS RISES TO 4MOSCOW — Russia’s embassy in Israel said the number of Russian citizens killed in the latest Israel-Palestinian war has risen to four. Previously, two Russian citizens were believed to have been killed and four were missing, according to Anatoly Viktorov, Russian Ambassador to Israel. 2 RUSSIAN CITIZENS WERE KILLED IN HAMAS ATTACKS IN ISRAELMOSCOW — Russia’s ambassador to Israel said that two Russian citizens have been killed in of the latest Israel-Palestinian war. Viktorov said that four other Russian citizens remain missing. He said the embassy has no information confirming Hamas’ claim that several Russian citizens were among the hostages it has taken.

Persons: Israel pummeled, Elon Musk, Musk, Marina Ryazanova, Anatoly Viktorov, Abdel Fattah el, JERUSALEM —, Cross, Fabrizio Carboni, we’ve, ” Carboni, “, Volker Türk, Türk, ”, ” PUTIN, Vladimir Putin, Mohammed Al, Sudani, Putin, regrettably hasn’t, ” Putin, Leo, Khan Younis, Chancellor Olaf Scholz, INDIA'S MODI, Narendra Modi, Benjamin Netanyahu, ” Modi, Modi, ISRAEL MOSCOW —, Israel, Anatoly Viktorov didn’t, hasn’t, Viktorov, MACRON, Emmanuel Macron, Olaf Scholz, Macron, Muqtada al, National Security Iyad, Bazm, Dmitry Peskov, Mahmoud Abbas, Peskov, it’s, Volodymyr Zelenskyy’s, Tarik Jazarevic, HAVE Organizations: ‘, Twitter, Tass, International Committee, ICRC, Associated Press, HUMAN RIGHTS, The United Nations, Palestinian, Tuesday, Iraqi, MSF, Shifa Hospital, Nasser Hospital, ISRAEL BERLIN, German Foreign Ministry, Indian, Israel’s, Israel, ISRAEL MOSCOW, Hamas, Ministry of Interior, National Security, Kremlin, WHO, The United, World Health Organization, United Nations, UNRWA, PARIS — France’s Locations: Israel, Gaza, U.N, ISRAEL, MOSCOW, Russian, Egypt, Palestinian, Geneva, GAZA, U.S, GAZA CAIRO, Gaza City, Khan, Shalom, GERMANY, Israeli, Germany, DELHI, India, FRANCE, MACRON HAMBURG, Iran, Hamburg, France, IRAQ, GAZA BAGHDAD, Sadr, Najaf, Iraq, RAFAH, Rafah, RUSSIA, Moscow, GAZA GENEVA, The United Nations, UN, BEIRUT

☆ Iraqi PM Warns of Complete Collapse of Gaza Strip
▼ + stars: | 2023-10-10 | by ( ) www.wsj.com time to read: 1 min

Meeting with Russian President Vladimir Putin in Moscow on Tuesday, al-Sudani said another intifada, or uprising, of Palestinians was under way as they were “demanding an end to violations of their rights,” the Russian Interfax news agency reported. “A very dangerous escalation, resulting in the deaths of civilians, spontaneous bombings, including those of civilian targets. All this leads to the destruction of the Gaza Strip," he said.

Persons: Vladimir Putin, Sudani Locations: Moscow, Russian, Gaza

☆ The US is thinking about sending another aircraft carrier into waters near Israel, possibly to back up the Ford strike group: reports
▼ + stars: | 2023-10-10 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

The US is considering sending a second aircraft carrier to the eastern Mediterranean, reports say. USS Dwight D. Eisenhower is already set to pass through the general area on a scheduled deployment but could be tasked to waters near Israel. The USS Dwight D. Eisenhower and its escorts could join the USS Gerald R. Ford Carrier Strike Group in waters near Israel in the coming weeks, US defense officials told The Wall Street Journal on Tuesday. Smith Collection/Gado/Getty ImagesThe USS Dwight D. Eisenhower is a nuclear-powered Nimitz-class aircraft carrier originally commissioned in 1977. "Often the presence of an aircraft carrier has deterred potential adversaries from striking against US interests," the Navy says on its website.

Persons: Dwight D, Eisenhower, —, Gerald R, it'll, Taji, Israel —, Dwight D Eisenhower, Smith, Hezbollah —, US State Department — Organizations: Aircraft, Service, Hamas, Ford Carrier Strike, Wall, ABC News, Ford, VOA, US Department of Defense, Saturday, Israel, Naval, United States, Nimitz, aircraft, Navy, " Aircraft, Hezbollah, US State Department Locations: Israel, Iraqi, Baghdad, Gaza, Norfolk , Virginia, Iraq, Afghanistan, Lebanon, Iran, Tehran

“We have no evidence or proof” that Iran was behind the attack, Maj. Nir Dinar, a spokesperson for the Israel Defense Forces, told Politico on Monday. More recently, Tehran has stepped up the training assistance it provides Hamas inside Iran, according to a former Western defense official. Hamas received Iranian weapons and military technology, and learned from the Iranians about planning operations. “Everything we have seen in the last four days, we can’t say it’s an Iranian plan or an Iranian effort,” Milshtein said. “It’s a Hamas plan that got Iranian help.”Searching for a motivationUS intelligence officials are also working to understand Hamas’ immediate motivation for launching the attack.

Persons: Jake Sullivan, “, ” Sullivan, Privately, Sullivan, ”, “ We’ve, we’ve, Biden, Tehran doesn’t, –, Ismail Haniyeh, Frank McKenzie, Mahmud Hams, Zohar Palti, Nir, it’s, Israel —, Norm Roule, ” Roule, Amir Cohen, Mike Knights, Michael Milshtein, “ They’ve, Milshtein, ” Milshtein, ’, “ It’s, McKenzie, ” McKenzie Organizations: Washington CNN, Hamas, Biden, White, CNN, intel, State Department, US Central Command, Getty, Israel’s Ministry of Defense, Israel Defense Forces, Israel, CIA, Reuters, Washington Institute, ” Knights, Department, Palestinian Affairs, Knights, Hezbollah, Palestinian Authority, Gaza Locations: Iran, Israel, Tehran, Gaza, Gaza City, AFP, Saudi, Saudi Arabia, Ashkelon, “, Yemen, Jihad, Lebanon

☆ As Israel goes to war, Russia must now decide where its loyalty lies in the Middle East
▼ + stars: | 2023-10-10 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

Russian President Vladimir Putin meets with Israeli Prime Minister Benjamin Netanyahu at the Kremlin in Moscow on January 30, 2020. Maxim Shemetov | Afp | Getty ImagesThe outbreak of bloodshed, violence and outright war between Israel and Hamas has put Russia in an awkward position, with Moscow traditionally treading a fine diplomatic line between Israel and its allies in the Middle East. Russia has enjoyed warm and constructive relations with Israel in recent years. Russian President Vladimir Putin and Iran's President Ebrahim Raisi hold a meeting in Tehran on July 19, 2022. Russian President Vladimir Putin and Israeli Prime Minister Benjamin Netanyahu during their meeting at the Kremlin on April 21, 2016.

Persons: Vladimir Putin, Benjamin Netanyahu, Maxim Shemetov, Tatiana Stanovaya, Ebrahim Raisi, Sergei Savostyanov, Stanovaya, Saudi Arabia —, Vladimir Putin's, Bashar Assad's, Bashar Assad, Sergei Shoigu, Alexei Nikolsky, Netanyahu, Putin, Mohammed Shia, Al Sudani, Mikhail Svetlov, tellingly, Russia's, Ian Bremmer, Antony Blinken, Petroleum Javad, Erdogan Organizations: Israeli, Kremlin, Afp, Getty, Hamas, Carnegie Russia Eurasia Center, AFP, Saudi, Russian Defense, Sputnik, AP Putin, Iraqi, . Security Council, Israel, Eurasia Group, ., Ukraine, Ministry of Defence, Institute for, Petroleum, Turkish Locations: Moscow, Israel, Russia, Ukraine, Iran, Russian, Tehran, Syria, Eastern, Saudi Arabia, Lebanon, Egypt, Iraq, Umayyad, Damascus, U.S, Palestinian, China

☆ Russia says it's talking to both Israel and Palestinians as Putin blames failure of US policy
▼ + stars: | 2023-10-10 | by ( ) www.reuters.com time to read: +3 min

"I think that many people will agree with me that this is a vivid example of the failure of United States policy in the Middle East," Putin told visiting Iraqi Prime Minister Mohammed Shia Al-Sudani. The United States, Putin said, had ignored the interests of Palestinians, including their need for their own independent Palestinian state. He did not mention Russia's own role in the Middle East peace process over the years. Along with the United States, the United Nations and the European Union, it has since 2002 formed part of a "Quartet" of powers charged with helping to mediate. Moscow has said it is worried that the violence could escalate into a broader conflict in the Middle East.

Persons: Vladimir Putin, Mikhail Metzel, Putin, Mohammed Shia Al, Sudani, Washington, Dmitry Peskov, Peskov, Volodymyr Zelenskiy, Mark Trevelyan, Sharon Singleton Organizations: Financial Security, Sirius, of Science, Art, Sputnik, Rights, Iraqi, United States, United Nations, European Union, Kremlin, stoke, Reuters, Thomson Locations: Krasnodar region, Russia, Israel, Moscow, States, United, United States, Gaza, Russian, Palestinian

☆ Putin Says Violence in Israel and Palestine Shows US Failure in Middle East
▼ + stars: | 2023-10-10 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +1 min

MOSCOW (Reuters) - Russian President Vladimir Putin on Tuesday said the surge of violence between Israel and the Palestinians showed the failure of US policy, which he said had sought to monopolise negotiations while ignoring Palestinian interests. "I think that many people will agree with me that this is a vivid example of the failure of United States policy in the Middle East," Putin told visiting Iraqi Prime Minister Mohammed Shia Al-Sudani. Putin said the United States had sought to "monopolise" international efforts at forging peace in the region, and accused Washington of neglecting to seek compromises that would be acceptable to each side. The United States, Putin said, had ignored the interests of Palestinians, including the need for an independent Palestinian state. The Palestinians want a state in the West Bank and Gaza Strip with East Jerusalem as its capital - all territory captured by Israel in the 1967 war.

Persons: Vladimir Putin, Putin, Mohammed Shia Al, Sudani, Washington, Alexander Marrow, Mark Trevelyan Organizations: Iraqi, United States, West Bank, Reuters Locations: MOSCOW, Israel, States, United, United States, Gaza, East Jerusalem

☆ Putin Blames U.S. for Middle East Crisis
▼ + stars: | 2023-10-10 | by ( ) www.wsj.com time to read: 1 min

Russian President Vladimir Putin expressed regret over the recent escalation of violence between Israel and Hamas and described it as an example of the failure of U.S. policy in the Middle East. The Russian leader blamed Washington for what he called attempts to “monopolize the [peace] settlement,” without “looking for compromises acceptable to both sides.” Putin was meeting in Moscow with Iraqi Prime Minister Mohammed al-Sudani on Tuesday. He said the U.S. had neglected to take into account “the fundamental interests of the Palestinian people, bearing in mind, first of all, the need to implement the decision of the U.N. Security Council on the creation of an independent, sovereign Palestinian state.”

Persons: Vladimir Putin, Washington, ” Putin, Mohammed al, ” Organizations: Iraqi, . Security Locations: Israel, Moscow, U.S, Palestinian

☆ Iran's allies in Iraq, Yemen threaten U.S. over intervention in Israel
▼ + stars: | 2023-10-10 | by ( ) www.reuters.com time to read: +3 min

Leader of the Conquest Coalition and the Iran-backed Shi'ite militia Badr Organisation Hadi al-Amiri speaks during a news conference with Iraqi Shi'ite cleric Moqtada al-Sadr (not pictured), in Najaf, Iraq June 12, 2018. In Yemen, the leader of the powerful Houthi Movement warned on Tuesday that the group would respond to any U.S. intervention in Gaza with drones, missiles and other military options. The PMF has voiced its "unequivocal support" for the Palestinian factions fighting Israel and the Iraqi government has said the Palestinian operations were a natural outcome of what it calls "oppressive" policies by Israel. In past years, Iranian-backed militias in Iraq regularly targeted U.S. forces in Iraq and the U.S. embassy in Baghdad with rockets, though such attacks have abated under a truce in place since last year, as Iraq enjoys a period of relative calm. Reporting by Ahmed Rasheed, Amina Ismail and Timour Azhari; Editing by Angus MacSwan and Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.

Persons: Hadi al, Amiri, Moqtada al, Washington, Hadi Al, Al, Ahmed Rasheed, Amina Ismail, Timour, Angus MacSwan, Mark Heinrich Our Organizations: Conquest Coalition, REUTERS, Rights, Senior, Houthi, Hezbollah, Popular, Forces, U.S, United, Thomson Locations: Iran, Sadr, Najaf, Iraq, Rights BAGHDAD, Gaza, United States, U.S, Israel, Yemen, Saudi, Saudi Arabia, Iraqi, Baghdad, Syria, State

☆ Iraq is set to fuel de-dollarization by banning the buck from being used in cash transactions, report says
▼ + stars: | 2023-10-06 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Iraq is about to become the latest country to join the de-dollarization drive, per Reuters. The greenback will be banned from being used in cash transactions and withdrawals from January 1, the outlet reported. Several countries, including China and Russia, have made efforts to fuel the de-dollarization movement this year. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "But don't talk to me about cash dollars anymore."

Persons: —, Mazen Ahmed, Ahmed, Vladimir Putin Organizations: Reuters, Service, greenback, Iraq isn't Locations: Iraq, China, Russia, Iraqi, New York, Beijing

☆ Exclusive: Iraq to end all dollar cash withdrawals by Jan. 1, 2024, central-bank official says
▼ + stars: | 2023-10-05 | by ( Timour Azhari | ) www.reuters.com time to read: +4 min

But dollars deposited in 2024 could only be withdrawn in local currency at the official rate of 1,320. The parallel market rate of the Iraqi dinar sat at 1,560 on Thursday, roughly 15% percent below the official rate. Here you go, you can use the card inside Iraq at the official rate, or if you want to withdraw cash, you can at the official rate in dinars," Ahmed said. "But don't talk to me about cash dollars anymore." He added: "As long as all transparent and legal financing operations happen via us (at the official rate), the rest does not matter."

Persons: Mazen Ahmed, It's, Ahmed, Timour Azhari, William Maclean 私たち Organizations: New York Federal Reserve, CBI, Reuters Locations: BAGHDAD, Iraq, Iran, Iraqi, U.S, Syria, Tehran, Baghdad

☆ Exclusive: Russia’s Lukoil lends Socar $1.5 billion in deal to supply its Turkish STAR refinery
▼ + stars: | 2023-10-05 | by ( Dmitry Zhdannikov | ) www.reuters.com time to read: +3 min

A general view shows the oil refinery of the Lukoil company in Volgograd, Russia April 22, 2022. Turkey has not imposed sanctions on Russia and continues to import Russian oil and gas. The STAR refinery, however, had to cut Russian crude imports this summer due to complications arising from international financial restrictions on business with Moscow. Neither Lukoil, Socar nor STAR responded to requests for comment. Since cutting imports of Russian oil, it has relied on Kazakh, West African and Iraqi oil grades, according to LSEG data.

Persons: Lukoil, Celeste, Ocean Faye, Socar, Dmitry Zhdannikov, Nailia Bagirova, Kirsten Donovan Organizations: REUTERS, Turkish STAR, Moscow, STAR, Fidelity, Thomson Locations: Volgograd, Russia, Ukraine, MOSCOW, Russian, Turkish, Turkey, Moscow, Urals, Primorsk, Bulgaria, Romania, Dubai, Geneva, Kirkuk, Kazakh, West African, LONDON

CNN —Turkish airstrikes killed at least 11 people in multiple Kurdish-controlled locations in northeastern Syria, the Kurdish Internal Security Force said Thursday, the latest response from Ankara’s forces following a bomb attack in Turkey’s capital claimed by Kurdish militants. “Eleven people were martyred, including five civilians and six members of the Internal Security Forces,” Asayish said. Eight civilians and two members of the Kurdish security forces were wounded, it added. Later Sunday, the Turkish Defense Ministry said its warplanes had destroyed 20 PKK targets in northern Iraq in response to the attack. According to Ankara, the PKK trains separatist fighters and launches attacks against Turkey from its bases in northern Iraq and Syria, where a PKK-affiliated Kurdish group controls large swaths of territory.

Persons: ” Asayish, Hakan Fidan, Fidan, ” Fidan Organizations: CNN, Turkish, Kurdish Internal Security Force, Kurdish, Internal Security Forces, Turkey’s Defense Ministry, Kurdistan Workers ’ Party, United Nations Charter, European Union, Ministry, Turkish Defense Ministry, Turkish Armed Forces, Group, Kurdistan Regional Government Locations: Syria, Kurdish, Turkey, Kurdistan, Ankara, United States, Turkey’s, Iraq, “, Turkish, Iran, Kordestan, Iraqi Kurdistan, Istanbul

Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian/File Photo Acquire Licensing RightsOct 4 (Reuters) - Oil edged lower on Wednesday ahead of a panel meeting of OPEC+ ministers, as the market weighed expectations of supply tightness against fears that high interest rates could reduce fuel demand. Brent crude oil futures dipped 6 cents to $90.86 a barrel by 0345 GMT, while U.S. West Texas Intermediate crude (WTI) , fell 5 cents to $89.18 per barrel. "A resilient labour market is deemed to be providing more room for the Federal Reserve (Fed) to keep rates high for longer," said Yeap Jun Rong, market analyst at IG. Eight analysts polled by Reuters estimated on average that crude inventories fell by about 500,000 barrels in the week to Sept. 29.

Persons: Agustin Marcarian, Jun Rong, Brian Martin, Daniel Hynes, Alexander Novak, Laura Sanicola, Muyu Xu, Gerry Doyle, Kim Coghill Organizations: REUTERS, Brent, U.S, West Texas, Federal Reserve, IG, of, Petroleum, ANZ, Reuters, Industry, American Petroleum Institute, Thomson Locations: Vaca, Patagonian, Neuquen, Argentina, OPEC, Saudi Arabia, Russia, Asia, Turkey, United States, .

A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. Brent crude oil futures were up 55 cents to $91.26 a barrel by 1:01 p.m. EDT (1701 GMT), after falling to a session low of $89.50, the lowest price since Sept. 8. Higher interest rates and a stronger dollar make oil more expensive for holders of other currencies, which could dampen oil demand. Talks to restart Iraqi oil exports via a crude oil pipeline that runs through Turkey are still ongoing, an Iraqi oil official told Reuters on Tuesday, a day after Turkey said operations would start again this week after nearly a six-month stoppage. U.S. crude inventories were expected to have fallen by about 500,000 barrels last week, a preliminary Reuters poll showed on Monday.

Persons: Alexander Manzyuk, Phil Flynn, Alexander Novak, Stephanie Kelly, Natalie Grover, Laura Sanicola, Trixie Yap, Marguerita Choy, Mark Potter, Paul Simao Organizations: REUTERS, Brent, . West Texas, U.S ., Federal Reserve, Price Futures Group, Investors, Organization of, Petroleum, Reuters, Gulf Cooperation, BMI Research, Thomson Locations: Republic of Tatarstan, Russia, Saudi Arabia, OPEC, Asia, Turkey, Gulf, Iraq

Search resuls for: "iraqi"

25 mentions found