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☆ Stock Market News Today: Dow, S&P 500 Close Lower; Nvidia, Netflix Stocks in Focus
▼ + stars: | 2023-10-18 | by ( ) www.wsj.com time to read: +1 min

Long-term bond yields hit a fresh 16-year high, weighing on stocks already pressured by the conflict in Gaza and corporate earnings results. Higher bond yields make riskier assets like stocks look less attractive and push up borrowing costs for companies and households. Morgan Stanley's stock fell after the bank posted a drop in quarterly net income . Procter & Gamble shares gained after the company said its quarterly profit rose , boosted by price hikes. Brent crude rose 1.8% to $91.50 a barrel, lifted by concerns about the Israel-Hamas conflict and hopes for strengthening Chinese demand.

Persons: Biden, Morgan Stanley's, Brent Organizations: Treasury, Procter, Gamble, Netflix, Nasdaq, Semiconductor, Nvidia, AMD, Intel, United Airlines Locations: Gaza, Israel

☆ Stock Market News Today: Dow, S&P 500 Slip; Nvidia, Netflix Stocks in Focus
▼ + stars: | 2023-10-18 | by ( ) www.wsj.com time to read: +1 min

Long-term bond yields hit a fresh 16-year high, weighing on stocks already pressured by the conflict in Gaza and corporate earnings results. Higher bond yields make riskier assets like stocks look less attractive and push up borrowing costs for companies and households. Procter & Gamble shares rose after the company reported a rise in quarterly profit , boosted by price hikes. The S&P 500, the Dow industrials and the Nasdaq Composite all traded in negative territory. The yield on the benchmark 10-year note rose above 4.9%, set to close at the highest level since July 2007.

Persons: Biden, Morgan Stanley's, Brent Organizations: Treasury, Procter, Gamble, Netflix, Dow, Nasdaq, Semiconductor, Nvidia, AMD, Intel, United Airlines Locations: Gaza, U.S, Israel

The less-ambitious approach fit with Biden's determination to pivot his foreign-policy focus from Middle East hotspots to China. Arab leaders “are very aware this is going to keep blowing up. Then, Hamas's breakout from Gaza shattered what National Security Adviser Jake Sullivan had hailed as a period of Middle East calm. Brokering those alliances would stabilize the Middle East in themselves, no Israeli-Palestinian peace accord needed, supporters have argued. The nightmare unfolding now for Israeli and Palestinian civilians argues differently, when it comes to Biden's approach, critics say.

Persons: Biden, Richard Nixon, Joe Biden, Benjamin Netanyahu's, Abdel Fattah el, Sissi, Antony Blinken, ”, Yezid Sayigh, Malcolm H, it’s, Sayigh, Netanyahu, Mahmoud Abbas, Donald Trump, Jake Sullivan, Prince Mohammed bin Salman's, “, Jonathan Lord, Yousef Munayyer, Sam Magdy Organizations: WASHINGTON, Camp David, Israeli, West Bank, United, Palestinian, Kerr Carnegie Middle East Center, U.S, Trump, United Arab, National, Biden, Hamas's, Center, New, New American Security, Arab, Associated Press Locations: Israel, China, Gaza, United States, Cairo, East, Jordan, Egypt, East Jerusalem, Saudi Arabia, Beirut, Lebanon, American, United Arab Emirates, Bahrain, Morocco, U.S, Iran, Saudi, New American, Palestine, Washington

☆ Syria’s drug problem casts shadow over Assad’s rehabilitation
▼ + stars: | 2023-09-29 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +6 min

Jordan was one of the biggest proponents of its rehabilitation, being one of the main victims of Syria’s drug trade, but it feels now that the regime is either unwilling or unable to clamp down on the trade. He blamed the lack of progress on normalization with Arab nations on the incompetence of Arab politics. Gulf states and Jordan routinely report drug busts, with massive amounts of the drug found in everything from building panels to baklava shipments. Assad may not have found a powerful enough incentive to give up his lucrative drug trade. Arab states may now find themselves backed into a corner.

Persons: Bashar al, Assad, Ayman al, Assad’s, Jordan, “ Jordan, “ Bashar, al, Jordan …, disgruntlement, Hossam Zaki, “, ” Zaki, Emile Hokayem, it’s, ” Hokayem, isn’t, ”, he’d, ” Hellyer, Safadi Organizations: CNN, Jordanian, Arab League, Al, Awsat, International Institute for Strategic Studies, Sky News, Hellyer, Carnegie Endowment, International, United Arab Locations: Syrian, Syria, Jordan, Captagon, Saudi, Damascus, London, United Arab Emirates

☆ Morocco Tops South Korea to Earn First World Cup Victory
▼ + stars: | 2023-07-30 | by ( Tariq Panja | ) www.nytimes.com time to read: +3 min

Image Morocco’s Nouhaila Benzina is the first player to compete in the Women’s World Cup while wearing a hijab. Credit... James Elsby/Associated PressNouhaila Benzina, a 25-year-old defender for a pioneering Morocco team appearing in its first World Cup, became the first player to wear a hijab in the tournament when she started her team’s 1-0 victory against South Korea on Sunday. Morocco’s presence at the Women’s World Cup already has yielded a string of notable moments. And its first victory was a monumental achievement that kept alive its hopes for something even bigger: a place in the knockout stages. Several players on the Moroccan squad were born or raised in France, but Benzina plays for a club team in Morocco.

Persons: James Elsby, Nouhaila, Benzina Organizations: South, North Locations: Morocco, South Korea, Arab

☆ Women’s World Cup: Italy Starts a 16-Year-Old, and Germany Leans on Its Experience
▼ + stars: | 2023-07-24 | by ( Juliet Macur | The New York Times | ) www.nytimes.com time to read: +16 min

Women’s World Cup: Italy Starts a 16-Year-Old, and Germany Leans on Its Experience Italy’s Giulia Dragoni became one of the youngest players ever to appear in the tournament. Credit... Hannah Mckay/Reuters Morocco’s presence at the Women’s World Cup already has yielded a string of notable moments. Italy vs. Argentina Italy reached the quarterfinals of the last World Cup, a solid result after a 20-year absence from the tournament. The Brazilian legend is appearing in her sixth World Cup at age 37, and still hoping to capture an ever-elusive title. The South Koreans have made it to the knockout stage once in three previous World Cup appearances, in 2015.

Persons: Giulia Dragoni, Morocco Asanka Brendon Ratnayake, Hannah Mckay, Morocco James Ross, Robert Cianflone, Hamish Blair, Argentina Phil Walter, Abbie Parr, David Rowland, Argentina Buda Mendes, Panama Bienvenido Velasco, Naomi Girma, Julie Ertz, Alyssa Naeher, Andrew Cornaga, Vlatko Andonovski, Ertz, Andonovski, Alana Cook, Girma, ” Girma, Becky Sauerbrunn, Sauerbrunn, ” Andonovski, Nouhaila, Nouhaila Benzina, Prince Ali bin al, Hussein, Benzina, Morocco’s, Reynald Pedros, Ghizlane, Chebbak, “ It’s, ”, Megan Rapinoe, Quinn, Pedros, Sam Kerr, Australia’s Sam Kerr, Darren England, Kyra Cooney, Kerr, “, Sam, ” Cooney, we’re, Sam’s, ZT8aF7puDp — Tracey Holmes, Cooney, Cristiana, Phil Walter, Marta, Pia Sundhage, Milena Bertolini, Little Messi, Chiara Beccari, Italy nabbed, Cristiana Girelli Organizations: Morocco, Reuters, Associated Press, Argentina, Getty, Panama, Group, Argentina Cristiana, Brazil Group, Vietnam, United States, Tokyo Olympics, Portugal, U.S, North, Germany, FIFA, Moroccan, BBC, ., Ireland, United, European Locations: Germany, Morocco, Reuters Germany, Reuters Morocco, Associated Press Italy, Italy, Associated Press Argentina, Reuters Italy, Argentina, Brazil, Panama, Alyssa Naeher ., United States, Ertz, Netherlands, United, Vietnam, Melbourne ., Arab, France, Moroccan, Melbourne, Brisbane, Australia, Nigeria, Colombia, South Korea, Argentina Italy

CNN —Dissident Iranian rapper Toomaj Salehi, arrested last October for supporting the protest movement in Iran last year, has been sentenced to six years and three months in prison, his official Twitter page said Monday. “Toomaj Salehi was sentenced to 6 years and 3 months in prison, and after 252 days of solitary confinement, transferred to the general section of the prison,” the tweet said. Salehi was arrested in October last year during protests triggered by the death of Mahsa Amini. Toomaj/Youtube“Your Toomaj, Iran’s Toomaj, the world’s Toomaj, and our Toomaj was unjustly imprisoned for six and a half years. When nationwide protests started in mid-September last year, Salehi called for Iranians to protest against the government.

Persons: Toomaj Salehi, “ Toomaj Salehi, IRNA, Reza Etemad Ansari, “, ” Ansari, Shargh, ” Salehi’s, Iqbal Iqbali, Salehi, Mahsa, Iran’s Toomaj, ” Iqbali, ” Salehi, ”, jang Organizations: CNN, Dissident, Twitter, Iranian, Kurd Locations: Iran, Sistani

☆ Syria's Assad to steal spotlight at Arab summit after years in the cold
▼ + stars: | 2023-05-17 | by ( Aziz El Yaakoubi | ) www.reuters.com time to read: +4 min

Saudi Arabia, Qatar and others for years supported anti-Assad rebels. While Arab countries appear to have brought Assad in from the cold, they are still demanding that he curbs Syria's flourishing drugs trade and that war refugees can return. His return to the Arab League is likely to revive questions over his human rights record. Government forces have used chemical weapons more than two dozen times during Syria’s civil war, U.N. war crimes investigators said. The Syrian crisis and other regional conflicts including Yemen and Libya, pose further challenges for the Arab League, which is often undermined by internal divisions.

☆ Arab nations set to rehabilitate Syria’s pariah president in defiance of US
▼ + stars: | 2023-05-05 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +7 min

Officials and analysts have said that Syria’s re-admission into the Arab League, while symbolic, comes with the hope that it could pave the way for President Bashar Al Assad’s rehabilitation internationally, and potentially the removal of crippling sanctions against his regime. Arab states have argued that the status quo in Syria is untenable and has caused them a headache at home. Syria has over the past decade turned into a narco-state, exporting highly addictive amphetamines across the border to Jordan and to Saudi Arabia. It’s unclear if the US will stand in the way of Arab states’ efforts to bring Syria back into the regional fold. “The US will not impose a veto on their allies when it comes to normalization with Assad,” said Hellyer.

☆ Iranian president in Damascus for first visit since Syrian war began
▼ + stars: | 2023-05-03 | by ( ) www.reuters.com time to read: +2 min

DAMASCUS, May 3 (Reuters) - Iranian President Ebrahim Raisi landed in Damascus on Wednesday for talks with his Syrian counterpart Bashar al-Assad, Syrian state media reported, in the first visit by an Iranian head of state since war broke out in Syria in 2011. Raisi's visit comes as Iran and regional rival Saudi Arabia rebuild ties after years of tensions. Syrian state media said "a number of agreements" would be signed during the two-day visit. An Israeli rocket strike on Damascus in February killed Iranian military experts and Tehran has used the flow of aid in the aftermath of the deadly Feb. earthquake to bring in arms. Assad has never publicly acknowledged that Iranian forces have operated on his behalf in Syria's civil war, saying Tehran has only military advisers on the ground.

Pro-Palestinian sympathies among fans have also spilt into stadiums as four Arab teams compete. Qatari players have worn pro-Palestinian arm-bands, even as Qatar has allowed Israeli fans to fly in directly for the first time. The first Middle Eastern nation to host the World Cup, Qatar has often seemed a regional maverick: it hosts the Palestinian Islamist group Hamas but has also previously had some trade relations with Israel. Arab fans have shunned Israeli journalists reporting from Qatar. Omar Barakat, a soccer coach for the Palestinian national team who was in Doha for the World Cup, said he had carried his flag into matches without being stopped.

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