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☆ Gold prices set for third weekly gain as Middle East war looms
▼ + stars: | 2023-10-27 | by ( ) www.cnbc.com time to read: +2 min

Gold prices were poised for a third consecutive weekly gain on Friday as the Middle East conflict kept investors drawn towards safety of bullion despite a higher-for-longer U.S. interest rate backdrop. Spot gold edged 0.1% higher to $1,986.76 per ounce by 0341 GMT. "Gold prices will be a function of the Israel-Hamas conflict for as long as things are at risk of escalating," said Kyle Rodda, financial market analyst at Capital.com. Gold has gained about 9% as investors sought refuge from the potential fallout of the Israel-Hamas war that escalated earlier this month. But the lingering prospects of higher U.S. interest rates have kept prices below the $2,000 ceiling last breached in May.

Persons: Kyle Rodda, Rodda, Janet Yellen Organizations: Capital.com, U.S, Treasury Locations: Israel, Gaza, Palestinian, U.S, U.S . Federal

☆ 900 US Troops Heading to Middle East to Bolster Defenses as Attacks Surge
▼ + stars: | 2023-10-26 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +2 min

By Idrees Ali and Phil StewartWASHINGTON (Reuters) - About 900 more U.S. troops have arrived in the Middle East or are heading there to bolster air defenses for U.S. personnel amid a surge in attacks by Iran-affiliated groups, the Pentagon said on Thursday. A total of 21 U.S. forces have suffered minor injuries, the vast majority of them traumatic brain injuries. Ryder said U.S. forces were again targeted earlier on Thursday in Iraq but the attack failed. The measures include increasing U.S. military patrols, restricting access to base facilities and boosting intelligence collection, including through drone and other surveillance operations, officials say. During a false alarm at Al-Asad air base in Iraq on Thursday, a civilian contractor died from cardiac arrest.

Persons: Idrees Ali, Phil Stewart WASHINGTON, Patrick Ryder, Ryder, I'm, Hossein Amirabdollahian, Asad, Phil Stewart, Chris Reese, Howard Goller Organizations: Pentagon, United, U.S, Reuters, Area Defense, Patriot, Iranian, United Nations, Palestinian Locations: Iran, Israel, Iraq, Syria, U.S, United States, Gaza, Yemen, Iranian

Jacquelyn... Acquire Licensing Rights Read moreWASHINGTON, Oct 26 (Reuters) - About 900 more U.S. troops have arrived in the Middle East or are heading there to bolster air defenses for U.S. personnel amid a surge in attacks by Iran-affiliated groups, the Pentagon said on Thursday. A total of 21 U.S. forces have suffered minor injuries, the vast majority of them traumatic brain injuries. The measures include increasing U.S. military patrols, restricting access to base facilities and boosting intelligence collection, including through drone and other surveillance operations, officials say. During a false alarm at Al-Asad air base in Iraq on Thursday, a civilian contractor died from cardiac arrest. Reporting by Idrees Ali and Phil Stewart; Editing by Chris Reese and Howard GollerOur Standards: The Thomson Reuters Trust Principles.

Persons: Antony Blinken, Joe Biden, Patrick Ryder, Ryder, I'm, Hossein Amirabdollahian, Asad, Idrees Ali, Phil Stewart, Chris Reese, Howard Goller Organizations: Ben Gurion, Hamas, Pentagon, United, U.S, Reuters, Area Defense, Patriot, Iranian, United Nations, Palestinian, Thomson Locations: Tel Aviv, Israel, WASHINGTON, Iran, Iraq, Syria, U.S, United States, Gaza, Yemen, Iranian

☆ Yellen says US GDP is a 'good strong number', may keep bond yields higher
▼ + stars: | 2023-10-26 | by ( David Lawder | ) www.reuters.com time to read: +2 min

"It's a good strong number and shows the economy is doing well," Yellen said at a Bloomberg live interview event. She dismissed suggestions that higher bond yields may be due to worries about rising U.S. deficits or worries about a recession. Yellen said that the U.S. debt servicing burden would be a "bigger challenge if the interest rate path stays higher." She has maintained that the real interest rate costs for the federal government have remained close to 1% of GDP, a manageable level. "The higher the interest rate path, the more that we need to do" on deficit reduction, she said.

Persons: Janet Yellen, Amit Dave, Yellen, Joe Biden's, David Lawder, Daniel Burns, Franklin Paul, Jonathan Oatis Organizations: Treasury, Central Bank governors, REUTERS, Rights, . Treasury, Bloomberg, Commerce Department, Social Security, Thomson Locations: Gandhinagar, India, U.S

☆ US drops digital trade demands at WTO to allow room for stronger tech regulation
▼ + stars: | 2023-10-25 | by ( David Lawder | ) www.reuters.com time to read: +4 min

U.S. Trade Representative Katherine Tai speaks during the Axios BFD event in New York City, U.S., October 12, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsWASHINGTON, Oct 25 (Reuters) - U.S. Trade Representative Katherine Tai has dropped longstanding U.S. digital trade demands in World Trade Organization talks in order to give Congress room to regulate big tech firms, her office said on Wednesday. USTR spokesman Sam Michel said many countries were examining their approaches to data and source code, and how trade rules can affect them. "We need to make clear that digital rules favoring Big Tech monopolies are a non-starter for the U.S. in any trade agreement, including IPEF,” she said. "These digital trade rules prevent countries around the world from using regulation to lock out American companies and their workers from their markets," said John Murphy, the Chamber's senior vice president for international policy.

Persons: Katherine Tai, Brendan McDermid, Trump, Biden, Ron Wyden, ", Wyden, Sam Michel, Michel, Elizabeth Warren of Massachusetts, Tai, ”, USTR, John Murphy, David Lawder, Diane Craft Organizations: Trade, REUTERS, Rights, . Trade, Trade Organization, U.S, Reuters, Prosperity, WIN, Oregon Democrat, Senate Finance Committee, Congress, Intel, Democratic, Big Tech, . Chamber, Commerce, Thomson Locations: New York City, U.S, Geneva, CHINA, China, Australia, Japan, Korea, Oregon, United States, Mexico, Canada

☆ Visa profit beats estimates on post-pandemic travel boost
▼ + stars: | 2023-10-24 | by ( Manya Saini | Thomson Reuters | Manya Saini Reports On Prominent Publicly Listed U.S. Financial Firms Including Wall Street S Biggest Banks | ) www.reuters.com time to read: +2 min

Visa credit and debit cards are seen in this picture illustration taken August 2, 2022. REUTERS/Benoit Tessier/File Photo Acquire Licensing RightsSummaryCompanies Cross-border volumes surge on steady travel demandStrong results signal consumer resilienceVisa Q4 adjusted EPS $2.33 beats estimate of $2.24Oct 24 (Reuters) - Card giant Visa (V.N) sailed past estimates for fourth-quarter profit on Tuesday as consumers on a post-pandemic travel rebound shrugged off worries of a looming economic slowdown and cost-of-living crisis. Visa's CFO Chris Suh said U.S. inbound travel recovery accelerated in the quarter, while travel into Asia also continued to improve. Visa's payment volumes rose 9% in the quarter, while cross-border volumes excluding transactions within Europe, a gauge of travel demand, surged 18%. Visa posted adjusted profit of $2.33 per share in the three months ended Sept. 30, topping expectations of $2.24 per share, according to LSEG data.

Persons: Benoit Tessier, Chris Suh, Suh, Michael Ashley Schulman, Logan Purk, Edward Jones, Manya Saini, Pooja Desai Organizations: REUTERS, Card, Running, Capital Advisors, Reuters, American Express, Visa, Thomson Locations: Asia, Europe, U.S, Bengaluru

☆ Dollar dips ahead of key US data, bitcoin soars
▼ + stars: | 2023-10-24 | by ( Brigid Riley | ) www.reuters.com time to read: +3 min

REUTERS/Dado Ruvic/Illustration/File photo Acquire Licensing RightsTOKYO, Oct 24 (Reuters) - The dollar softened against a basket of currencies on Tuesday, mirroring a dip in Treasuries yields as investors awaited key U.S. economic data before the Federal Reserve's monetary policy meeting next week. The dollar index last sat around 105.57, having lost over 0.5% in the previous session as U.S. Treasury yields tumbled. Bitcoin returned the market spotlight with the virtual currency soaring on speculation that the United States could soon approve a bitcoin exchange-traded fund. The PMI data could set the market expectations ahead of the GDP report, said Matt Simpson, senior market analyst at City Index. Traders see the 150 threshold as a possible line-in-the-sand for Japanese authorities to intervene in the currency market.

Persons: Dado Ruvic, Jerome Powell, Bitcoin, Matt Simpson, Kyle Rodda, bitcoin, Brigid Riley, Sam Holmes Organizations: REUTERS, Rights, Federal, Treasury, PMI, Fed, European Central Bank, Traders, Capital.com, Thomson Locations: United States

☆ Dollar dips ahead of key U.S. data, bitcoin soars
▼ + stars: | 2023-10-24 | by ( ) www.cnbc.com time to read: +2 min

The dollar softened against a basket of currencies on Tuesday, mirroring a dip in Treasuries yields as investors awaited key U.S. economic data before the Federal Reserve's monetary policy meeting next week. The dollar index last sat around 105.57, having lost over 0.5% in the previous session as U.S. Treasury yields tumbled. Bitcoin returned the market spotlight with the virtual currency soaring on speculation that the United States could soon approve a bitcoin exchange-traded fund. The PMI data could set the market expectations ahead of the GDP report, said Matt Simpson, senior market analyst at City Index. Traders see the 150 threshold as a possible line-in-the-sand for Japanese authorities to intervene in the currency market.

Persons: Jerome Powell, Bitcoin, Matt Simpson, Kyle Rodda, bitcoin Organizations: Federal, Treasury, PMI, Fed, European Central Bank, Traders, Capital.com Locations: United States

WASHINGTON (AP) — A powerful Haitian gang leader has been charged by U.S. prosecutors with ordering the kidnapping of an American couple from their home in Haiti that left the woman dead, authorities said Tuesday. Armed gang members stormed their home, and Marie Franklin was shot and killed in the kidnapping. The latest indictment charges Innocent with conspiracy to commit hostage taking resulting in death, aiding and abetting hostage taking and attempted hostage taking resulting in death by the U.S. Justice Department. Among those recently kidnapped is the secretary general of Haiti’s High Transitional Council, which is charged with organizing long-awaited general elections. Authorities said gang members dressed as police officers abducted Anthony Virginie Saint-Pierre last week.

Persons: Vitel’homme Innocent —, Haiti —, Jean Franklin, Marie Odette Franklin, Marie Franklin, Jean, Innocent, “, ”, District of Columbia Matthew Graves, Graves, Anthony Virginie Saint, Pierre, Danica Coto Organizations: WASHINGTON, Authorities, Attorney, District of Columbia, Christian, U.S . Justice, United Nations, Transitional Council, Associated Locations: Haitian, Haiti, Tabarre, Port, Washington, San Juan , Puerto Rico

REUTERS/Lucy Nicholson/File Photo Acquire Licensing RightsOct 23 (Reuters) - Jason Andringa’s company was part of the stampede of U.S. businesses that built factories in China. But the mood of Vermeer and many other global producers has turned sour on China. Rather than expand in China, these companies are directing new investments to other low-cost countries such as Vietnam and India. Ryan Gunnigle, CEO of Atlanta-based toy maker Kids2, said he is continuing to invest in his China factories, adding both automation and new capacity. The CEO of Danby Appliances, a Canadian company that sells over half of its products in the U.S., got 85% of its goods from Chinese factories five years ago.

Persons: Lucy Nicholson, Jason Andringa’s, Vermeer, Biden, Joe Biden, Xi Jinping, Gina Raimondo, Matt Dollard, Ryan Gunnigle, Kids2, Jim Estill, He’s, Danby, Timothy Aeppel, Anna Driver Organizations: Port, REUTERS, U.S ., U.S, Nvidia, Wall Street, U.S . Bureau, China Business Council, Reuters, Asia Pacific Economic Cooperation, Trump, RSM US, Appliances, Thomson Locations: Port of Long Beach, Port of Los Angeles, Los Angeles , California, U.S, China . Iowa, China, Mexico, Asia, San Francisco, Beijing, Washington, Taiwan, Vietnam, India, Atlanta, Canadian, Turkey, Canada

☆ Pentagon Says U.S. Forces in Middle East Came Under Militant Attack
▼ + stars: | 2023-10-20 | by ( ) www.wsj.com time to read: 1 min

Pentagon spokesman Brig. Gen. Pat Ryder said U.S. forces in the Middle East came under attack several times this week. Tensions heightened in the region following Hamas’s attack on Israel. (Photo: Kevin Dietsch/Getty Images)

Persons: Pat Ryder, Kevin Dietsch Organizations: Pentagon Locations: U.S, Israel

☆ Tesla gets US assist in lawsuit challenging Louisiana direct-sales ban
▼ + stars: | 2023-10-20 | by ( Mike Scarcella | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +3 min

Tesla is suing the Louisiana Automobile Dealers Association, members of the Louisiana Motor Vehicle Commission and a group of dealers. The Justice Department and lawyers for Tesla said U.S. civil antitrust law does not require a showing of intent. Adding that requirement would "improperly" restrict antitrust law, Justice Department lawyers told the appeals court. Tesla countered in the appeal that Louisiana car dealers had "agreed with one another to harass Tesla with baseless investigations and drive it out of the state." The case is Tesla v. Louisiana Automobile Dealers Association et al, 5th U.S.

Persons: Tyrone Siu, Tesla, Elon Musk, Sarah Vance, Vance, Ari Holtzblatt, Wilmer Cutler Pickering Hale, Dorr, Mark Beebe, Adams, Reese, Paul Clement of Clement, Murphy, Matthew Mandelberg, Read, Mike Scarcella Organizations: Tesla, REUTERS, Tyrone, U.S . Justice, Louisiana Automobile Dealers Association, Louisiana Motor Vehicle Commission, Department, Circuit, Appeals, Justice Department, Louisiana Legislature, Louisiana Automobile Dealers, 5th U.S, Reese For Louisiana Automobile Dealers, Thomson Locations: Taipei, Taiwan, New Orleans, U.S, Louisiana, Michigan, 5th, States

TALLAHASSEE, Fla. (AP) — The former Florida lawmaker who sponsored the controversial law critics call “Don’t Say Gay” was sentenced to six months in federal prison Thursday for defrauding a federal coronavirus relief loan program for small businesses. Former state Rep. Joe Harding, a 36-year-old Republican, resigned in December after being charged with fraudulently obtaining more than $150,000 from the Small Business Administration in pandemic aid loans. He pleaded guilty in March to wire fraud, money laundering and making false statements in connection with COVID-19 relief fraud. According to court documents, Harding made false statements to the Small Business Administration while applying for an Economic Injury Disaster Loan for one of his dormant business entities. The Economic Injury Disaster Loan Program was designed to provide economic relief to small businesses experiencing a temporary loss of revenue.

Persons: “, ”, Joe Harding, Jason Coody, Harding Organizations: Former, Republican, Small Business Administration Locations: TALLAHASSEE, Fla, Florida, COVID

☆ Israel-Hamas War Live News Updates: Biden Says American Leadership Holds the World Together
▼ + stars: | 2023-10-20 | by ( ) www.wsj.com time to read: +1 min

President Biden said in a broadcast speech that "American leadership is what holds the world together." The Israeli military continued its airstrike campaign on Gaza and said it was preparing for the next phases of the war. Biden speech: President Biden said in his Oval Office address that supporting the security of Ukraine and Israel was critical to buttressing the U.S.-led global order, characterizing the current moment as an "inflection point in history." Hostages: Israel's military said 203 people were taken hostage by Hamas, an increase on its previous number. Attacks on U.S. forces: A Pentagon spokesman said U.S. forces in the Middle East came under attack several times this week.

Persons: Biden, Yoav Gallant Organizations: Israeli, House Republicans, U.S, Hamas, Pentagon Locations: Gaza, Ukraine, Israel, U.S, Yemen, Palestinian

☆ VIEW Fed's Powell: Strong economy may still require rate increases - Reuters News
▼ + stars: | 2023-10-19 | by ( ) www.reuters.com time to read: +2 min

Powell said U.S. central bankers are moving carefully on policy now after aggressive rate hikes last year to give time for tighter conditions to slow the economy and inflation. "Quite clear that the market is reading into Powell's comments on tighter financial conditions potentially leading to the tightening cycle being done and dusted. Obviously other FOMC officials have said similar, but hearing so 'from the horse's mouth' gives the statement extra credibility." The tone was a bit more dovish than other Fed officials recently. "It's hard to make too much of a determination about what happens with knee jerk reactions immediately after any type of Fed comments ...

Persons: Jerome Powell, Powell, MICHAEL BROWN, MICHAEL JAMES, There's, CHRIS ZACCARELLI Organizations: U.S, Treasury, ALLIANCE, Global Finance, Markets, Thomson Locations: U.S, CHARLOTTE, NC

☆ US decision to send long-range missiles to Kyiv a grave mistake - Russia's envoy
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +2 min

Armoured vehicles move during "Noble Blueprint 2023" military exercise at Novo Selo military grounds, Bulgaria, September 26, 2023. Ukraine's President Volodymyr Zelenskiy also confirmed his forces used the ATACMS after his military reported on Tuesday striking two air bases in Ukrainian territory now controlled by Russia. Ukraine had repeatedly asked the U.S. administration for the ATACMS and pledged not to use inside Russia's territory. The Kremlin has said U.S. supplies of ATACMS missiles and Abrams tanks to Ukraine would not change the situation on the battlefield. Reporting by Lidia Kelly in Melbourne; Editing by Christopher Cushing and Lincoln FeastOur Standards: The Thomson Reuters Trust Principles.

Persons: Anatoly Antonov, Volodymyr Zelenskiy, Antonov, Lidia Kelly, Christopher Cushing Organizations: NATO, Army Tactical Missile Systems, White House, Ukrainian Special Forces, Thomson Locations: Novo Selo, Bulgaria, Greece, Montenegro, North Macedonia, Turkey, Albania, U.S, Ukraine, ATACMS, Russia, Luhansk, Ukraine's, Berdiansk, Azov, Washington, United States, Melbourne, Lincoln

☆ Lebanon's Hezbollah says it is stronger than before as border clashes rage
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +3 min

[1/4] Smoke rises from Dhayra village after Israeli shelling as pictured from the Lebanese town of Marwahin, near the border with Israel, southern Lebanon, October 11, 2023. Hezbollah said two of its fighters were killed in south Lebanon on Wednesday and a third was in a serious condition. The fighting has been the deadliest at the border since Hezbollah and Israel went to war in 2006. Hezbollah announced on Wednesday a fighter had died of wounds sustained on Tuesday, increasing to six the number of its fighters killed in Tuesday's violence. Hezbollah deputy leader Naim Qassem said on Oct. 13 the group would act when the time comes.

Persons: Mohamed Azakir, Hashem Safieddine, Joe Biden, Benjamin Netanyahu, Israel, Kibbutz Manara, Naim Qassem, Tom Perry, Laila Bassam, Henriette Chacar, Edmund Blair, Diane Craft Organizations: REUTERS, Rights, United, Palestinian, Hamas, Israeli, Kibbutz, Thomson Locations: Dhayra, Marwahin, Israel, Lebanon, Rights BEIRUT, United States, Iran, Gaza, Zar'it, Lebanon's Ras Naqoura, Rosh HaNikra, Beirut, Jerusalem

☆ British navy chief says AUKUS submarine project needs 'rat-catchers' not regulators
▼ + stars: | 2023-10-18 | by ( David Brunnstrom | ) www.reuters.com time to read: +3 min

[1/2] U.S. President Joe Biden, Australian Prime Minister Anthony Albanese and British Prime Minister Rishi Sunak deliver remarks on the Australia - United Kingdom - U.S. (AUKUS) partnership, after a trilateral meeting, at Naval Base Point Loma in San Diego, California U.S. March 13, 2023. REUTERS/Leah... Acquire Licensing Rights Read moreWASHINGTON, Oct 17 (Reuters) - The head of Britain's Royal Navy joined Australia on Tuesday in questioning U.S. bureaucratic hurdles facing the three-country AUKUS project to supply Australia with nuclear-powered submarines. "If your rules environment is to prevent your adversaries from getting it and seeing what it is, that's probably realistic," Key said. "If your rules environment is to allow you a competitive edge in a different way, then I would question whether that's really enabling what matters to us all, which is to try and ensure a security framework." Rudd spoke ahead of a visit to Washington next week by Australian Prime Minister Anthony Albanese at which AUKUS will be high on the agenda.

Persons: Joe Biden, Anthony Albanese, Rishi Sunak, Leah, Sir Ben Key, we'd, Key, we've, Biden, Kevin Rudd, Rudd, David Brunnstrom, Lincoln Organizations: Australian, British, U.S, Naval Base Point, San Diego , California U.S, REUTERS, Britain's Royal Navy, Australia, Washington's Center, Strategic, International Studies, Britain, State Department, Thomson Locations: Australia, United Kingdom, Naval Base Point Loma, San Diego , California, WASHINGTON, U.S, Trafalgar, Jutland, Washington, Britain

☆ Israel's Netanyahu says Hamas attack was aimed at derailing peace
▼ + stars: | 2023-10-18 | by ( Rami Amichai | ) www.reuters.com time to read: +5 min

REUTERS/Evelyn Hockstein/File Photo Acquire Licensing RightsSummary Netanyahu says Hamas attack aimed at derailing peace bidSunak welcomes aid decision for GazaSunak due to meet Saudi crown princeJERUSALEM, Oct 19 (Reuters) - Israeli Prime Minister Benjamin Netanyahu said on Thursday the Hamas attack on Israel was aimed at preventing the expansion of peace in the Middle East, and called on British Prime Minister Rishi Sunak to keep supporting Israel's Gaza counteroffensive. Netanyahu said the attack from Gaza by Palestinian Islamist group Hamas, which killed 1,400 people in Israel, was aimed at derailing attempts to establish a wider peace in the region. At least nine British nationals have been killed and seven are still missing since the attack on Israel, Sunak's spokesperson said. In Israel, Sunak met the families of two of the missing, who are believed to have been taken hostage and held in Gaza. The last British prime minister to visit Israel and the occupied West Bank was David Cameron in 2014.

Persons: Benjamin Netanyahu, Joe Biden, Biden, Evelyn Hockstein, Netanyahu, Sunak, JERUSALEM, Rishi Sunak, Crown Prince Mohammed bin Salman, Isaac Herzog, Israel, Herzog, Sunak's, James, Sameh Shoukry, David Cameron, Rami Amichai, Kylie MacLellan, Sarah Young, William James, Alistair Smout, Sachin Ravikumar, Dan Williams, Elizabeth Piper, Angus MacSwan, Alison Williams, Jonathan Oatis Organizations: U.S, Hamas, REUTERS, British, Israel, Crown, Palestinian, West Bank, United Nations, Thomson Locations: Israel, Tel Aviv, Gaza, Saudi, Jerusalem, Saudi Arabia, U.S, British, Egypt, Turkey, Qatar, Britain, London, United States, North Africa, South Asia

☆ US oil production just hit an all-time high. 'Millions of people will die,' if this trend continues, a Stanford climate scientist said.
▼ + stars: | 2023-10-17 | by ( Seth Borenstein | Associated Press | ) www.businessinsider.com time to read: +6 min

US oil production reached an all-time high last week at 13.2 million barrels per day. If this trend continues, "millions of people will die," Stanford climate scientist Rob Jackson said. And it conflicts with oft-repeated Republican talking points of a Biden "war on American energy." Weekly domestic oil production has doubled from the first week in October 2012 to now. US oil production reached an all time high recently.

Persons: Biden, Rob Jackson, Bill Hare, Hare, John Sterman, Jackson, Samantha Gross, Gross, Stanford's Jackson, Joe Biden, Susan Walsh Biden's, Jared Bernstein, Bernstein, They've, Joshua Boak Organizations: Service, United, Biden, U.S . Department of Energy's Energy, Administration, United Nations, United Arab Emirates, Exxon, Mobil, Cote d'Ivorie, Climate Interactive, Stanford University, Carbon, White, Brookings Institution, Energy, EIA, AP, American Energy, Republican, House Energy, Commerce, White House Council, Economic Advisers, Wildlife Locations: Stanford, United States, Norway, Australia, United Kingdom, Canada, France, Shell, Guyana, Cote, Saudi Arabia, Alaska, Washington ,

☆ South Korea to hold largest defence show in bid to boost global sales
▼ + stars: | 2023-10-16 | by ( Josh Smith | ) www.reuters.com time to read: +3 min

[1/3] South Korea's K-2 tank is displayed at the 2023 Seoul International Aerospace and Defense Exhibition (ADEX) in Seongnam, South Korea, October 16, 2023. REUTERS/Josh Smith Acquire Licensing RightsSEONGNAM, South Korea, Oct 16 (Reuters) - South Korea will kick off its largest-ever defence exhibition this week, as the country seeks to turbocharge its arms sales and showcase a rare appearance by a U.S. nuclear-capable bomber. "This is an opportunity for Korea's defence industry to draw international attention and take a giant leap forward," Lee said. At a South Korean military airbase south of Seoul on Monday, exhibitors made final preparations as participants in early events wandered among South Korean and U.S. military vehicles and warplanes on the tarmac, including advanced American stealth F-22 and F-35 aircraft. Under Yoon, South Korea and the United States have stepped up displays of strength, particularly U.S. nuclear-capable assets, in an effort to deter North Korea.

Persons: Josh Smith, Lee Jong, Lee, Yoon Suk Yeol, Charles Cameron, Yoon Organizations: Aerospace, Defense, REUTERS, Rights, U.S, Seoul International Aerospace, South, South Korean, U.S . Air Force, Thomson Locations: Seongnam, South Korea, Rights SEONGNAM, Seoul, U.S, Poland, South Korean, American, United States, North Korea, South, Korean, Ukraine

☆ Watch: Blinken Returns to Israel
▼ + stars: | 2023-10-16 | by ( ) www.wsj.com time to read: 1 min

Secretary of State Antony Blinken said U.S. partners in the Middle East are determined to stop the conflict between Israel and Hamas from spilling over in the region. Blinken returned to Israel on Monday for his second visit in a week. Photo: Pool/Reuters

Persons: Antony Blinken, Blinken Locations: Israel

☆ South Korea to Hold Largest Defence Show in Bid to Boost Global Sales
▼ + stars: | 2023-10-15 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +2 min

By Josh SmithSEONGNAM, South Korea (Reuters) - South Korea will kick off its largest-ever defence exhibition this week, as the country seeks to turbocharge its arms sales and showcase a rare appearance by a U.S. nuclear-capable bomber. "This is an opportunity for Korea's defence industry to draw international attention and take a giant leap forward," Lee said. South Korea has been roughly ninth in the world for defence exports in recent years, but President Yoon Suk Yeol has called for it to improve. At a South Korean military airbase south of Seoul on Monday, exhibitors made final preparations as participants in early events wandered among South Korean and U.S. military vehicles and warplanes on the tarmac, including advanced American stealth F-22 and F-35 aircraft. Under Yoon, South Korea and the United States have stepped up displays of strength, particularly U.S. nuclear-capable assets, in an effort to deter North Korea.

Persons: Josh Smith, Lee Jong, Lee, Yoon Suk Yeol, Charles Cameron, Yoon Organizations: Reuters, U.S, Seoul International Aerospace, Defense, South, South Korean, U.S . Air Force Locations: Josh Smith SEONGNAM, South Korea, Seoul, U.S, Poland, South Korean, American, United States, North Korea, South, Korean, Ukraine

☆ Germany cruise past United States 3-1 in friendly
▼ + stars: | 2023-10-14 | by ( ) www.reuters.com time to read: +2 min

Soccer Football - German Football Association present Julian Nagelsmann as the new coach of the national team - German Football Federation Headquarters, Frankfurt, Germany - September 22, 2023 Germany coach Julian Nagelsmann during the press conference REUTERS/Kai Pfaffenbach/File photo Acquire Licensing RightsNEW YORK, Oct 14 (Reuters) - Germany's new head coach Julian Nagelsmann enjoyed his debut as the four-time world champions recovered from a goal down to beat the United States 3-1 away in a friendly on Saturday. U.S. captain Christian Pulisic thrilled the home crowd when he opened the scoring but the Americans could not hold onto their lead and midfielder Guendogan levelled before halftime while Fuellkrug and Musiala struck after the break. "We had a great start to the game, I think the energy levels were high," said U.S. midfielder Weston McKennie. Three minutes later attacking midfielder Musiala fired another shot into the net after a neat flick from Fuellkrug. The U.S. next play Ghana in a friendly in Nashville, Tennessee on Tuesday when Germany face Mexico in Philadelphia.

Persons: Julian Nagelsmann, Kai Pfaffenbach, Ilkay, Niclas Fuellkrug, Jamal Musiala, Christian Pulisic, Guendogan, Musiala, Weston McKennie, Matt Turner, Leroy Sane, Turner, McKennie, Gio Reyna, Gregg Berhalter, Amy Tennery, Ken Ferris Organizations: Soccer Football, German Football Association, German Football Federation Headquarters, United, Fuellkrug, U.S, Thomson Locations: Frankfurt, Germany, United States, freefall, Japan, East Hartford , Connecticut, U.S, Ghana, Nashville , Tennessee, Mexico, Philadelphia, New York

REUTERS/Jonathan Ernst Acquire Licensing RightsWASHINGTON, Oct 12 (Reuters) - Despite Israeli bombardment that has brought Gaza to the brink of a humanitarian meltdown, U.S. President Joe Biden is facing little pressure at home to rein in Israel's military retaliation for an unprecedented attack by Palestinian Hamas militants. Republicans have shown near-unanimity in backing whatever military action Israel decides to take after suffering the deadliest attack on its soil in decades. Though polls continue to show overwhelming sympathy for Israel among the overall U.S. public, a Gallup survey in March found that Democrats were slightly more favorable toward the Palestinians than Israel. Biden, an avowed lifelong friend of Israel, has pledged to provide Israel with all the assistance it needs. A White House official said Biden's aides have privately discussed their concerns with Israeli counterparts.

Persons: Joe Biden, Benjamin Netanyahu, Jonathan Ernst, Biden, Israel, excoriate, Gregory Meeks, Rashida Tlaib, Karine Jean, Pierre, ”, Antony Blinken, Netanyahu, Washington’s, Khaled Elgindy, Jeremy Ben, Ami, Matt Spetalnick, Patricia Zengerle, Jeff Mason, Simon Lewis, Steve Holland, Gerry Doyle Organizations: Israeli, White, REUTERS, Rights, Israel, Democratic Party, Republicans, Democratic, House Foreign Relations, American, White House Press, Gallup, Biden, AIPAC, Middle East Institute, Reuters, Thomson Locations: Israel, Washington , U.S, Gaza, Palestinian, U.S, New York, Washington, Washington . U.S, Saudi Arabia

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