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PHILADELPHIA (AP) — The slumping Philadelphia 76ers have acquired guard Buddy Hield from the Indiana Pacers for Marcus Morris Jr., Furkan Korkmaz and three second-round draft picks, a person familiar with the decision told The Associated Press on Thursday. The Sixers also sent Daniel House and a 2024 second-round pick to the Detroit Pistons, the person said. The House trade creates $4.3 million in cap space as part of the traded player exception. The trades have opened salary cap and roster space for the Sixers to pursue a player on the buyout market. Hield has been one of the top 3-point shooters in the NBA for years in both volume and makes.

Persons: Buddy Hield, Marcus Morris Jr, Furkan Korkmaz, Daniel House, Daryl Morey, Joel Embiid, Hield, Tyrese Maxey, Maxey, ___ Organizations: PHILADELPHIA, Philadelphia 76ers, Indiana Pacers, Associated Press, Sixers, Detroit Pistons, NBA, 76ers, Pacers, Sacramento Kings, Utah Jazz

☆ Oil prices steady on Gaza ceasefire talks even as US plans Middle East strikes
▼ + stars: | 2024-02-05 | by ( ) www.cnbc.com time to read: +2 min

Oil prices stabilized in early Asian trading on Monday after sharp falls last week, amid continued attempts to reach a ceasefire in the Israel-Palestinian conflict even as the U.S. planned new strikes on Iran-backed groups. Brent crude futures inched up 8 cents to $77.41 a barrel by 0131 GMT, while U.S. West Texas Intermediate futures were flat at $72.28 a barrel. However, investors remained wary of any escalation in the Middle East conflict, after the U.S. signaled further strikes on Iran-backed groups in the Middle East in response to a deadly attack on U.S. troops in Jordan. "Oil markets will likely respond by continuing to discount supply disruption risks in the Middle East," he said in a client note on Monday, adding that would likely keep Brent futures below $80 a barrel. Iran exported between 1.2 million and 1.6 million barrels per day of crude oil through most of 2023, representing 1%-1.5% of global oil supply.

Persons: Vivek Dhar, Brent Organizations: Brent, U.S, West Texas, Commonwealth Bank, U.S . Department of Justice, Islamic Revolutionary Guard Corps Locations: Ras Behar, Egypt, Israel, Iran, U.S, Jordan, The U.S, Yemen, China

☆ McDonald's and Starbucks blame the Israel-Hamas war for slower sales — and the recovery might take a while
▼ + stars: | 2024-02-05 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

McDonald's and Starbucks , two of the biggest U.S. restaurant companies, both said the Israel-Hamas war hurt their sales at the end of last year. Shares of McDonald's fell 4% in morning trading Monday, several hours after it reported that a sales slowdown in the Middle East contributed to its fourth-quarter revenue miss. Starbucks CEO Laxman Narasimhan said Tuesday that the company's sales in the Middle East struggled, but boycotts also hurt its U.S. cafes. Unlike Starbucks, McDonald's did not note any effect on its U.S. sales. Yum Brands is scheduled to report its quarterly results on Wednesday, while Restaurant Brands is slated to share its earnings on Feb. 13.

Persons: Laxman Narasimhan, McDonald's, Cowen, Andrew Charles, Chris Kempczinski, Kempczinski, Papa John's, Burger Organizations: U.S, Starbucks, Starbucks Workers, Workers United, McDonald's, Yum Brands, Restaurant Brands, CNBC PRO Locations: Tel Aviv, Israel, Gaza, Malaysia, Indonesia, France, Europe

☆ The 10 US cities with the longest commute times
▼ + stars: | 2024-01-26 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +3 min

East Stroudsburg, Pennsylvania, has the longest average commute time at 36.2 minutes one way. The New York City metro area ranked second, while four California cities were in the top eight. Data from the U.S. Census Bureau shows that residents of East Stroudsburg, a city about 40 miles north of Allentown in Pennsylvania, have the longest commute times of any metro area. The average commute time in East Stroudsburg — sometimes considered the gateway to the Poconos — may be the longest since residents often work in larger metropolitan cities like New York City, Allentown, or Philadelphia. The Riverside-San Bernardino-Ontario area similarly has commute times of nearly 33 minutes as it's near the Los Angeles area.

Persons: — Organizations: New, Service, U.S . Census Bureau, Jersey City, Apple, Cambridge Locations: Stroudsburg , Pennsylvania, New York City, California, East Stroudsburg , Pennsylvania, U.S, East Stroudsburg, Allentown, Pennsylvania, New York, Newark, Jersey, East Stroudsburg —, Philadelphia, Jersey City, York, Stockton, Central, Sacramento, Riverside, San Bernardino - Ontario, Los Angeles, Yuba City, Washington, DC, Arlington, Alexandria, Chicago, Naperville, Elgin, San Francisco, Oakland, Berkeley, Boston, Houston, Great Falls , Montana, Lewiston , Idaho, Manhattan , Kansas, Casper , Wyoming

Here are 6 signals investment bankers are watching as they pray for an M&A rebound in 2024. By contrast, activity from private equity firms "was off almost 40%," he said. In 2021, private equity firms transacted $1.5 trillion across 2,869 deals, according to Dealogic. Last year, private equity M&A made up 40% of total activity, according to Goldman Sachs. AI companies, many of which are only now being formed, need to mature, and the winners and losers need to come into focus, bankers said.

Persons: Wall, LSEG, Goldman Sachs, Vito Sperduto, Sperduto, we've, Stephan Feldgoise, Hess, Anthony J, Carfang, Cash, Goldman, Goldman's Feldgoise, Feldgoise, Mark Sorrell, I'm, Harold M, Lambert, Jerome Powell, Greg McBride, McBride, Jonathan Gray, dealmaking, Gray, Rob Chisholm, Chisholm Organizations: Fed, London Stock Exchange, Business, RBC Capital Markets, Conference Board, Conference, Federal, Goldman, Federal Reserve, Private, Bankers, DOJ, FTC, Federal Reserve Board, Bankrate, of Labor Statistics, Cisco, LSEG, Qatalyst Partners, Citi, & $ Locations: LSEG, Ukraine

☆ Israel's president visits UAE, asks for help to free hostages
▼ + stars: | 2023-11-30 | by ( Alexander Cornwell | ) www.reuters.com time to read: +3 min

Herzog made the request during a meeting with Sheikh Mohamed in Dubai, according to a statement issued by the Israeli president's media office. "The President appealed to his friend Sheikh Mohamed bin Zayed Al Nahyan to employ his full political weight to promote and speed up the return home of the hostages," it said. Israel has released 210 Palestinian prisoners in exchange for Israeli hostages. A UAE state news agency report said the two presidents discussed relations between their countries and issues of mutual interest. Herzog was invited to attend the summit by Sheikh Mohamed earlier this year.

Persons: Isaac Herzog, SAUL LOEB, Sheikh Mohamed bin Zayed Al Nahyan, Herzog, Sheikh Mohamed, Israel, Benjamin Netanyahu, Abraham, Abu Dhabi, Alexander Cornwell, Grant McCool Organizations: U.S, State, Rights, Thursday, United Arab Emirates, Hamas, UAE, UAE ., Abraham Accords, Thomson Locations: Tel Aviv, Israel, Rights DUBAI, Palestinian, Gaza, Dubai, Gulf, The UAE, Qatar, Egypt, Gaza's Rafah, UAE, United States

☆ NFL: Jevon Holland scores astonishing 99-yard interception touchdown as Miami Dolphins defeat New York Jets
▼ + stars: | 2023-11-25 | by ( Issy Ronald | Homero De La Fuente | ) edition.cnn.com time to read: +3 min

“When he threw it in the air, I just thought it’s kind of like a long field goal, like drop. So, I’m a punt returner, and people don’t know that, but I am a punt returner,” Holland told Amazon Prime afterwards, according to the NFL. They had just intercepted Dolphins quarterback Tua Tagovailoa twice and had trimmed the Dolphins’ lead to 10-6 after an interception touchdown by Brandin Echols. In the end, Boyle finished with 179 passing yards, one touchdown, and two interceptions. Fins up.”Per ESPN, Dolphins coach Mike McDaniel said afterwards that the injury “doesn’t look great, but we’ll find out more tomorrow (Saturday).”

Persons: Jevon Holland, Tim Boyle’s, Mary, Holland, ” Holland, “ Shoutout, Hail Mary, Tua Tagovailoa, Brandin Echols, Tagovailoa, Tyreek Hill, Tim Boyle, Zach Wilson, Boyle, Aaron Rodgers, Achilles, Jaelen Phillips, Jaelan Phillips, Rich Schultz, ”, “ I’ll, Mike McDaniel Organizations: CNN, Miami Dolphins, New York Jets, Amazon’s, Amazon, NFL, Hail, ESPN, Jets, Dolphins, Tyreek, AFC East, ”

☆ Was Peace Ever Possible?
▼ + stars: | 2023-11-20 | by ( Moderated Emily Bazelon | A Discussion Moderated Emily Bazelon | ) www.nytimes.com time to read: +45 min

This was known as the Oslo peace process, named for the city where the secret talks took place. Micha Bar-Am/Magnum Photos Prime Minister Yitzhak Shamir of Israel during the the Middle East peace conference in Madrid, 1991. Margalit: All the Israeli leaders who negotiated for peace, starting with Rabin, were in a weak political position. Dajani: With the First Intifada, and then subsequently Madrid and Oslo, Palestinians suddenly see the possibility of agency. But what’s important to understand is that the notion of peace for Rabin, and for most Israelis, is that peace is a lack of violence from the other side.

Persons: Jordan, Israel, Yasir Arafat, Bernard Frye, Arafat, Larry Towell, Abbas, Micha, Yitzhak Shamir, Jerome Delay, Saddam, Hussein, George H.W, Bush, James A, Baker III, Baker, Shamir, Yitzhak Rabin, Rabin, Shimon Peres, —, Margalit, Saddam Hussein, Hosni Mubarak of, King Hussein of Jordan, Bill Clinton, Gary Hershon, Abu Alaa, “, ” Rabin, ” Arafat, ”, Ashrawi, Yehuda, Efraim, Susan Meiselas, Baruch Goldstein, Patrick Baz, Daoud Mizrahi, Gilles Peress, Goldstein, Matti Steinberg, Netanyahu, Bazelon, Clinton, Shikaki, Manal Jamal, didn’t, Dennis Ross, Omar, Camp David, Ehud Barak, Md, Ralph Alswang, Christopher Anderson, Motasm Amir, Barak didn’t, Barak, David, Dajani, Emily, Arafat —, Ross, Mary, Nobody, Arafat didn’t, Hosni Mubarak, Mubarak, El, there’s, There’s, Robert Malley, Hussein Agha, ” Barak, Sharon, It’s, Yarden Romann, Peter van Agtmael, Khan Younis, Yousef Masoud, Khan, Ahmad Hasaballah, Ziv Koren, they’re, Dan, Avishai, Omar Dajani, Taba, Dana El Kurd, Efraim Inbar, ‘ ‘ Rabin, ’ ’, Daniel Kurtzer, Avishai Margalit, George Kennan, Van, Khalil Shikaki, Limor Yehuda, Emily Bazelon, Nabil Ismail, Pascal, Said, Ulf Andersen, Getty, Menahem Kahana, Abdel, Shafi, Maggie Ohayon, Yigal Amir, Yoav Lemmer, Jack Guez, Olmert, Moshe Milner, Ami, Dani Cardona, Awad Awad, Obama, Ben Gershom Organizations: United Nations, West Bank, Associated, Palestine Liberation Organization, U.S, Soviet Union, Palestinian, Madrid didn’t, Bank, White, Agence France, Presse, Getty Images, Oslo Accord, White House, Reuters, Israel’s Labor Party government, Bazelon, Oslo Palestinian, Getty, West, Shin, Gross, . Security, Camp, Camp David Summit, Labor Party, NPR, American, New York Times, Polaris, Labor, United, McGeorge School of Law, University of the, Israel, Camp David, University of Richmond, Arab Center Washington, Jerusalem Institute for Strategy, Security, Shalem College, Bar, Ilan University, Sadat Center, Strategic Studies, Israel’s National Security, Princeton University’s School of Public and International Affairs, Hebrew University of Jerusalem, Institute for, Princeton, Israel Academy of Sciences, Humanities, Van Leer Jerusalem Institute, Palestinian Center, Policy, Research, Crown Center for Middle East Studies, Brandeis University, Gaza, Hebrew University, Haifa University, Human, The New York Times Magazine, Mount Locations: Israel, Jordan, Gaza, Egypt, Jerusalem, Zion, Munich, Tunisia, Oslo, American, Oslo Gaza, Palestine, Madrid, Kuwait, United States, Soviet, Lebanon, Syria, Jordanian, America, Washington, U.S, Hosni Mubarak of Egypt, U.N, Independence, Palestinian, Sudan, Libya, Yemen, Iraq, Rafah, Hebron, Ibrahimi, West Bank, Judea, Samaria, Yehuda, Camp David, Jenin, Haram, Al Aqsa, Khan, Kfar Aza, Khan Younis, Ahmad, Old, Ireland, Bosnia, Tel Aviv, Iran, Athens, El, Camp, Israeli, Van Leer, Ramallah

Gail Collins: Bret, I know you’re busy writing about your reporting trip to Israel, and I am looking forward to reading all your thoughts. (I guess that’s another definition for the term “manspreading.”) On the economy, voters prefer Trump over Biden by a 22-point margin. And a whopping 71 percent think Biden is too old to be president, as opposed to just 39 percent for Trump. As a matter of law, I think Trump belongs in jail. Gail: I know Trump appears more energetic, but he’s really only a whole lot louder.

Persons: Gail Collins, Bret, gee, Donald Trump, Bret Stephens, Trump, Biden, Pennsylvania —, Gail, Whimper, I’ve, he’s, Alex Honnold, Garry Kasparov, “, Dean Phillips, Kamala Harris, Lloyd Austin, I’m, Harris, —, she’s, Michael Bender, Michael Gold, Trump’s, disjointedness ”, Bomba of, That’s, Josey Wales, Justice Department —, They’re, He’d, George H.W, George H.W . Bush, Jimmy Carter, Gerald Ford, heedlessly, What’s, — Biden, He’s, trounce Trump, Gretchen Whitmer, Josh Shapiro, Jared Polis, Wes Moore …, Hope, you’re, Tommy Tuberville, Tuberville, Lindsey Graham, Chuck Schumer, Rashida Tlaib, Tlaib, Israel, She’s, Biden “, Marjorie Taylor Greene, Taylor Greene, let’s, Hissss, Alex P, Keaton, we’ve, nobody’s, Nikki Haley, you’ve, Adrienne Rich, It’s, ”, Haley’s Organizations: Times, Black, —, Women, Biden, Trump, Josey, Justice Department, Bret, Republican Locations: Israel, Siena, Yow, Arizona, Georgia, Michigan, Nevada, Pennsylvania, Wisconsin, Ukraine, Minnesota, George H.W ., America, Gaza, flopping

☆ UAE warns against risk of regional spillover from Gaza war
▼ + stars: | 2023-11-03 | by ( Alexander Cornwell | ) www.reuters.com time to read: +3 min

[1/2] Israeli soldiers drive in military vehicles by Israel's border with Gaza in southern Israel, October 10, 2023. "The risk of regional spillover and further escalation is real, as well as the risk that extremist groups will take advantage of the situation to advance ideologies that will keep us locked in cycles of violence." The UAE supported Egypt's current leader, Abdel Fattah al-Sisi, when he toppled President Mohamed Mursi of the Muslim Brotherhood in 2013. The UAE has said it planned to treat 1,000 Palestinian children from Gaza, but did not clarify how they would leave the besieged enclave. The latest war in the decades-old Israeli-Palestinian conflict began when Hamas militants broke through the border on Oct. 7 and went on a rampage.

Persons: Ronen, Abraham, ABU, Al Kaabi, Abdel Fattah al, Mohamed Mursi, Kaabi, Alexander Cornwell, Maha El, Raju Gopalakrishnan, Jason Neely Organizations: REUTERS, UAE, Abraham Accords, United, Emirates, Brotherhood, Hamas, U.S . Fifth, Thomson Locations: Gaza, Israel, East, UAE, ABU DHABI, Saudi Arabia, Abu Dhabi, Bahrain, Manama, Gulf

☆ Israel is preparing for a ground invasion of Gaza. Here's why it hasn't happened yet.
▼ + stars: | 2023-10-26 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +7 min

Israel said it would launch a ground invasion of Gaza after the October 7 terrorist attacks. AdvertisementAdvertisementShortly after the Hamas terrorist attacks on October 7, Israel announced that it would launch a ground invasion of Gaza. AdvertisementAdvertisementThe US military and other officials believe their forces will be targeted by militant groups once Israel launches its ground invasion, according to the report. AdvertisementAdvertisementUS officials believe that once the ground invasion begins, American forces will be targeted by various militant groups, the Wall Street Journal reported. This is partly because military meetings have so far focused only on day-to-day operations as Israel continues to bomb Gaza.

Persons: Israel, —, Benjamin Netanyahu, Yocheved, Sharone Lifschitz, Alexi Rosenfeld, Joe Biden's, Biden, Netanyahu, Jonathan Lord, Joe Biden, Evan Vucci, Lloyd J, Austin III, Jalaa Marey, Robert Satloff, Howard P Berkowitz, Jacquelyn Martin Organizations: Service, Israel, United Nations, Ichilov Hospital, Getty, New York Times, Sunday, White, Middle East Security, Center for New American Security, NBC, Sky News, Israeli, Ben Gurion International, AP, Defense, Times, Embassy, Street, NBC News, Wall Street Journal, Israel Defense Forces, Washington Institute for Near East Studies Locations: Gaza, Israel, Tel Aviv, Washington, Egypt, Qatar, Iran, Lebanon, Syria, Iraq, Yemen, Israeli, Galilee, AFP

☆ In the ultimate irony, Russia's obsession with Ukraine may have weakened its power over its other neighbors
▼ + stars: | 2023-10-26 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +7 min

Russian President Vladimir Putin speaks during a press conference at the Commonwealth of Independent States' head of states meeting on Oct. 13, 2023, in Bishkek, Kyrgyzstan. This pool photograph distributed by Russian state owned agency Sputnik shows Russia's President Vladimir Putin and his Kyrgyz counterpart Sadyr Japarov attending a welcoming ceremony prior to their talks in Bishkek on October 12, 2023. In fact, she said, Kyiv's resistance highlighted to Russia's neighbors and partners that "Russian power is a bubble with only a nuclear button in its center." Russian President Vladimir Putin enters the hall during Russian-Uzbek talks at the Grand Kremlin Palace on Oct. 6, 2023. So it's fair to say that if you do not control Ukraine, you do not control the post-Soviet space," he told CNBC.

Persons: Vladimir Putin, —, Georgia —, It's, Emmanuel Dunand, Sadyr Japarov, Sergei Karpukhin, Vladimir Putin's, Dmitry Peskov, Peskov, Vira Konstantinova, Vladimir Milov, Putin, Milov, Milov —, — Putin, Igor Semivolos, Ilham Aliyev Organizations: Commonwealth of Independent States, Getty, Afp, Azerbaijan, Sputnik, Kyrgyz, AFP, CNBC, Russian, West, Center for Middle East Studies, Anadolu Agency Locations: Bishkek, Kyrgyzstan, Ukraine, Moscow, Soviet Union, South Caucasus, Armenia, Azerbaijan, Georgia, Belarus, Kazakhstan, Russia, Karabakh, Lachin, Nagorno, Kyiv, Transnistria, Moldova, Abkhazia, South Ossetia, USA, Turkey, Baku

☆ Gold firms as U.S. bond yields slip, Middle East stays in focus
▼ + stars: | 2023-10-25 | by ( ) www.cnbc.com time to read: +2 min

Gold bars and gold coins in different sizes are lying in a safe on a table at the precious metal dealer Pro Aurum. "Gold had a great run, having rallied over 10% in ten days towards that key resistance level at $2,000. But with the Middle East conflict looking like it might not escalate immediately, gold may struggle to break $2,000. The dollar index eased while benchmark U.S. 10-year Treasury yields inched lower as investors bought into a recent sell-off. Spot silver was steady at $22.91 per ounce, platinum steadied at $884.63 and palladium advanced 0.5% to $1,124.80.

Persons: we've, Matt Simpson, Jerome Organizations: Aurum, Treasury, Russia, Hamas, City Index's, U.S Locations: Israel, U.S, Gaza, Palestinian

☆ Wall St falls more than 1%; yields rise, investors assess earnings
▼ + stars: | 2023-10-18 | by ( Caroline Valetkevitch | ) www.reuters.com time to read: +3 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. The S&P 500 passenger airlines index (.SPLRCALI) dropped 5.6%. Shares ended the day down 6.8%. Tesla ended the regular session down 4.8% and Netflix ended the session down 2.7%. The S&P 500 posted 12 new 52-week highs and 25 new lows; the Nasdaq Composite recorded 25 new highs and 252 new lows.

Persons: Brendan McDermid, Netlix, homebuilding, Rick Meckler, Joe Biden, Morgan Stanley's, Tesla, Ankika Biswas, Shashwat Chauhan, Sruthi Shankar, Arun Koyyur, Vinay Dwivedi, Nick Zieminski, David Gregorio Our Organizations: New York Stock Exchange, REUTERS, Airlines, Dow, Nasdaq, Federal Reserve, Cherry Lane Investments, Procter, Gamble, United Airlines Holdings, Dow Jones, U.S, Tesla, Netflix, NYSE, Thomson Locations: New York City, U.S, New Vernon , New Jersey, Israel, Gaza, Bengaluru

☆ Oil spikes as Middle East strife heightens supply concerns
▼ + stars: | 2023-10-18 | by ( Natalie Grover | ) www.reuters.com time to read: +4 min

Crude oil storage tanks are seen from above at the Cushing oil hub, appearing to run out of space to contain a historic supply glut that has hammered prices, in Cushing, Oklahoma, March 24, 2016. Brent crude futures were up $1.33, or about 1.5%, to $91.23 a barrel at 1231 GMT. West Texas Intermediate crude (WTI) futures were up $1.28, or roughly 1.5%, at $87.94 a barrel. "This turn of diplomatic fortunes again garners fear of conflict spread and therefore the leap in oil," said John Evans of oil broker PVM. Elsewhere in the Saudi city of Jeddah, Iranian Foreign Minister Hossein Amirabdollahian urged members of the Organisation of Islamic Cooperation to impose an oil embargo on Israel.

Persons: Nick Oxford, Brent, Jordan, Biden, Joe Biden, John Evans, Hossein Amirabdollahian, Vivek Dhar, Harry Murphy Cruise, Natalie Grover, Arathy, Muyu Xu, Lincoln, Jason Neely, Elaine Hardcastle, Louise Heavens Organizations: REUTERS, Brent, West Texas, U.S, Hamas, Iranian, of Islamic Cooperation, Reuters, Israel Hamas, Commonwealth Bank of Australia, American Petroleum Institute, Golden, Thomson Locations: Cushing , Oklahoma, Iran, Israel, OPEC, U.S, Gaza, Gaza City, Saudi, Jeddah

☆ Middle East still in turmoil after Biden's Israel visit with Netanyahu
▼ + stars: | 2023-10-18 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

CNN —President Joe Biden left for home after seven hours in the Israeli war zone with an increasingly tense Middle East in worse shape than when he arrived. Still, given the huge political investment of American prestige and leverage involved in a sudden presidential trip, it’s fair to raise the question of what exactly Biden’s trip delivered. Biden’s speech to the Israeli people, however, was an eloquent statement of support to an ally traumatized by a terror attack. Ivo Daalder, a former US ambassador to NATO, told CNN’s Anderson Cooper that Biden’s visit had been worthwhile in demonstrating that Israel was not alone. Biden’s presence bolstered the message sent by two aircraft carrier battle groups he has deployed to the area.

Persons: Joe Biden, Biden, movingly, ”, Israel –, Jordan’s King Abdullah II, Recep Tayyip Erdogan, Abdel Fattah el, Mahmoud Abbas, ’, Israel’s, Israel “, ” Biden, “, “ they’ll, Sisi, ” Mark Regev, CNN’s Wolf Blitzer, Benjamin Netanyahu, Ivo Daalder, CNN’s Anderson Cooper, Israel, Daalder, Netanyahu, ” Daalder Organizations: CNN, Air Force, Israel, Palestinian, West Bank, US State Department, United, Islamic Jihad, US Defense Department, National Security Council, Jihad, White, NATO, Hezbollah Locations: Gaza, Israel, Gaza City, Amman, Tunisia, Iraq, Iran, Lebanon, United States, Washington, Egypt, “ Israel, America

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone Base/File Photo Acquire Licensing RightsTOKYO, Oct 16 (Reuters) - Oil prices eased in early Asia trade on Monday, reversing last Friday's rally as investors waited to see if the Israel-Hamas conflict draws in other countries, which could drive up prices further and deal a fresh blow to the global economy. Both benchmarks rose nearly 6% on Friday, posting their highest daily percentage gains since April, as investors priced in the possibility of a wider Middle East conflict. The conflict in the Middle East has had little impact on global oil and gas supplies, and Israel is not a big producer. But investors and market observers are assessing how the conflict could escalate and what it might mean for supplies from nearby countries in the world's top oil producing region.

Persons: Brent, WTI, Benjamin Netanyahu, Antony Blinken, Israel, Yuka Obayashi, Deepa Babington Organizations: REUTERS, Rights, . West Texas, Israel's, Thomson Locations: Cushing , Oklahoma, U.S, Asia, Israel, Brent, Gaza, East

☆ Key takeaways from the IMF/World Bank meetings
▼ + stars: | 2023-10-14 | by ( ) www.reuters.com time to read: +5 min

Global inflation is seen dropping from 6.9% this year to a still-high 5.8% next. Italian central bank governor Ignazio Visco said there was an impression markets were "reevaluating the term premium" as investors become more nervous about holding longer term debt. One debt restructuring deal emerged: Zambia finally agreed a debt rework memorandum of understanding with creditors including China and France. Sri Lanka said on Thursday it reached an agreement with the Export-Import Bank of China covering about $4.2 billion of debt, while talks with other official creditors are stalling. There was much talk ahead of Marrakech on revamping the IMF and World Bank to better reflect the emergence of economies like China and Brazil.

Persons: Ajay Banga, Mercy Tembon, Finance Serhiy Marchenko, Ceda Ogada, Kristalina Georgieva, Pierre, Olivier Gourinchas, Ignazio Visco, Joyce Chang, Vitor Gaspar, Mehmet Simsek, Murat Ulgen, Kate Donald, Ahmed El Jechtimi, Andrea Shalal, David Lawder, Leika Kihara, Elisa Martinuzzi, Rachel Savage, Jorgelina, Rosario, Balazs Koranyi, Mark John, Christina Fincher Organizations: Bank, Finance, International Monetary Fund, Emerging, Research, HSBC, Reuters, Export, Import Bank of, World Bank, Oxfam International's Washington DC Office, Thomson Locations: Ukraine, MARRAKECH, Morocco, Moroccan, Marrakech, Israel, Central, United States, China, Italy, Italian, Turkey, Kenya, Zambia, France, Sri Lanka, Import Bank of China, Brazil, U.S

☆ Netanyahu Vows to Demolish Hamas, as Israel Urges Gazans South
▼ + stars: | 2023-10-14 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +6 min

Israel has urged Gazans to evacuate south, which hundreds of thousands have already done in their Hamas-controlled enclave that is home to 2.2 million people, about half in Gaza City. Renewed clashes on Israel's border with Lebanon on Sunday morning with Hezbollah militants, backed by Israel's regional foe Iran, underscored the dangers of regional spillover. Israel's military said 279 of its soldiers had died. On Sunday, Iran-backed Hezbollah fighters launched a missile at an Israeli border village, killing one person and wounding three others. The Israeli military said it was striking in Lebanon in retaliation.

Persons: Nidal, Emily Rose, –, Benjamin Netanyahu, Gazans, Antony Blinken, Israel, Abdel Fattah al, Ebrahim Raisi, Netanyahu, Israel's, Um Muhammed Al, Laham, Daniel Hagari, Abu Dawoud, Hussam Abu Safiya, Kamal, Blinken, Saudi Crown Prince Mohammed bin Salman, Iran's Raisi, France's Emmanuel Macron Organizations: Gaza, Hamas, Authorities, Palestinian Health Ministry, World Health Organization, Reuters, Saudi Crown, Zionist Locations: Emily Rose GAZA, JERUSALEM, Gaza, Israel, Gaza City, East, Egypt, Lebanon, Iran, Riyadh, Saudi Arabia, Israel's

☆ Key takeaways from the IMF-World Bank meetings
▼ + stars: | 2023-10-14 | by ( ) www.cnbc.com time to read: +4 min

U.S. Secretary of Treasury Janet Yellen arrives for a bilateral meeting on the third day of the International Monetary Fund and World Bank annual meeting, in Marrakech, Morocco, October 11, 2023. Susana Vera | ReutersOvershadowed by fresh Middle East violence and hosted by a country still recovering from an earthquake, the week-long annual meetings of the International Monetary Fund and World Bank wrapped up on Saturday. Global inflation is seen dropping from 6.9% this year to a still-high 5.8% next. Italian central bank governor Ignazio Visco said there was an impression markets were "reevaluating the term premium" as investors become more nervous about holding longer-term debt. One debt restructuring deal emerged: Zambia finally agreed a debt rework memorandum of understanding with creditors including China and France.

Persons: Janet Yellen, Susana Vera, Pierre, Olivier Gourinchas, Italy —, Ignazio Visco, Joyce Chang, Vitor Gaspar, Mehmet Simsek, Murat Ulgen Organizations: International Monetary Fund, Bank, Reuters, Emerging, Research, HSBC, Export, Import Bank of Locations: Marrakech, Morocco, Moroccan, Israel, Central, United States, China, Italy, Italian, Turkey, Kenya, Zambia, France, Sri Lanka, Import Bank of China

☆ Israel and Hamas at war: Latest news
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +5 min

The United Nations World Food Programme said crucial supplies were running dangerously low in Gaza after Israel imposed a total blockade. * When Israel called up its reservists and declared war this week, the response was swift and overwhelming. [1/6]Israeli soldiers patrol following a mass-infiltration by Hamas gunmen from the Gaza Strip, in Sderot, in southern Israel, October 11, 2023. * What are global firms with a presence in Israel doing after the Hamas attack? * Israel has raised $200 million in diaspora bonds since the war with Hamas began, Israel Bonds said.

Persons: Antony Blinken, Kan, East Jerusalem's, Israel, Mahmoud Abbas, Violeta Santos Moura, Donald Trump, Netanyahu, Tayyip Erdogan, Wang Yi, Mohammed Deif, upends, Kazuo Ueda, Israel Bonds, Kristalina Georgieva, Stephen Farrell, Lisa Shumaker Organizations: Hamas, United Nations, Food Programme, West Bank, Rights Watch, Britain, Royal Navy, REUTERS, White, Republican, Bank of Japan, * Airlines, Monetary Fund, Thomson Locations: Gaza, Washington, Israel, East, East Jerusalem's Al, Aqsa, Lebanon, Egypt, Sinai, Sderot, Palestinian, Paris, Israeli, Jerusalem, Saudi, Lincoln

☆ Israel and Hamas at war: Latest News
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +8 min

Scores of Israeli and foreign hostages were taken back to Gaza; Israel says it has identified 97 of them. [1/6]Israeli soldiers patrol following a mass-infiltration by Hamas gunmen from the Gaza Strip, in Sderot, in southern Israel, October 11, 2023. * The war falls under a complex international system of justice that has emerged since World War Two. * International airlines have suspended hundreds of flights to and from Tel Aviv following the attack by Hamas militants on Israel. * Israel has raised $200 million in diaspora bonds since the war with Hamas began, Israel Bonds said.

Persons: Israel, Antony Blinken, Kan, Mahmoud Abbas, Wafa, Donald Trump, Netanyahu, Tayyip Erdogan, Violeta Santos Moura, Wang Yi, Mohammed Deif, upends, Kazuo Ueda, Frida, Israel Bonds, Kristalina Georgieva, Georgieva, Stephen Farrell Organizations: United Nations, Food, Palestinian, El Al Airlines, Britain, Royal Navy, U.S, REUTERS, Bank of Japan, * Airlines, Carriers, Dutch KLM, Air France, U.S . State Department, Cyprus Airways, Hamas, Monetary Fund, Thomson Locations: Gaza, Washington, Israel, Egypt, Sinai, United States, Asia, Israeli, Palestinian, Sderot, Paris, Jerusalem, Saudi, Europe, Larnaca, Tel Aviv

☆ Hamas-Israel war: What's happening on Day 4
▼ + stars: | 2023-10-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHamas-Israel war: What's happening on Day 4Natan Sachs, director of the Center for Middle East Policy at the Brookings Institute, and Steven Cook, senior fellow for Middle East Studies at the Council on Foreign Relations, join 'Squawk on the Street' to discuss the possibility of urban corridor warfare between Israel and Hamas, where the risk is greatest in the war in Israel, and the potential alliances surrounding this war.

Persons: Natan Sachs, Steven Cook Organizations: Hamas, Center for Middle East, Brookings Institute, Middle East Studies, Council, Foreign Relations Locations: Israel

Wang Yi, China's top diplomat, said the country would continue to play a constructive role in handling global "hotspot issues". But after the killings of more than 900 Israelis in coordinated assaults by the Islamic group Hamas, China's response was muted. China is willing to maintain communication with all parties and make unremitting efforts for peace and stability in the Middle East," Wang Wenbin, a foreign ministry spokesperson, said on Tuesday. "The achievement of peace in the Middle East region and the just settlement of the question of Palestine are inseparable." "China is very successful in a stable environment in the Middle East when it's possible to broker reconciliation agreements between Saudi Arabia and Iran," said Jean-Loup Samaan, Senior Research Fellow at the Middle East Institute of the National University of Singapore.

Persons: Washington . Wang Yi, Xi Jinping, Bill Figueroa, Wang Wenbin, COVID lockdowns, Xi, Steve Tsang, Zhai Jun, Liu Zhongmin, Yun Sun, Tuvia Gering, Jean, Loup Samaan, Samaan, Michael Martina, Don Durfee, Gerry Doyle Organizations: Hamas, University of Groningen, Palestinian, Western, SOAS China Institute, Palestinian Authority, West Bank, Arab League, EU, Palestine, United Nations, Abraham Accords, Institute for Middle East Studies of Shanghai International Studies University, China Program, Stimson, Institute for National Security Studies, Initiative, Middle East Institute of, National University of Singapore, Thomson Locations: China, Middle East HONG KONG, BEIJING, SINGAPORE, Saudi Arabia, Iran, Israel, Gaza, Saudi, Washington, Palestine, Netherlands, United States, PALESTINE, China's, Beijing, Russia, Ukraine, London, U.S

The surprise Hamas attack has dealt a blow to U.S. efforts to broker a landmark normalization deal between Israel and Saudi Arabia and complicated Washington's approach toward Iran, Hamas' longtime benefactor. “Quite simply, all efforts at normalization are on hold for the foreseeable future,” said Jon Alterman, head of the Middle East program at the Center for Strategic and International Studies, contradicting the official U.S. government line. Khaled Elgindy, a former Palestinian negotiations adviser, accused the Biden administration of leading an Israeli-Saudi normalization process that mostly bypassed the Palestinians and their hopes of ending Israeli occupation. “That sort of neglect is part of why we're seeing what we're seeing,” said Elgindy, now at the Middle East Institute. The immediate challenge is preventing the war from spiraling into a broader conflict, administration officials say, especially preventing the Iran-backed Lebanese group Hezbollah from opening a second front on Israel's northern border.

Persons: Joe Biden, Elizabeth Frantz, Biden, Benjamin Netanyahu, Antony Blinken, Israel, ”, Jon Alterman, John Kirby, “, ” Jonathan Panikoff, government’s, Khaled Elgindy, Elgindy, Panikoff, –, Netanyahu, Jake Sullivan, Biden’s, Prince Faisal bin Farhan, Matt Spetalnick, Humeyra Pamuk, Simon Lewis, David Brunnstrom, Steve Holland, Alexander Cornwell, Parisa, Aziz El Yaakoubi, Heather Timmons, Howard Goller Organizations: Hamas, White, REUTERS, Rights, U.S, Center for Strategic, International, White House National Security Council, Middle East Institute, Saudi, The Atlantic, Hezbollah, West Bank, Reuters, Atlantic Council, Thomson Locations: Israel, Washington , U.S, Saudi, Gaza, Ukraine, U.S, Saudi Arabia, Iran, Hamas, Tehran, Israeli, Riyadh, Washington, Lebanese, IRAN, Dubai

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