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In this article STLAM-IT Follow your favorite stocks CREATE FREE ACCOUNT2024 Dodge Charger Daytona Scat Pack EV DodgeDETROIT — Dodge won't abandon its traditional, gearhead, high-octane Charger and Challenger owners with its next-generation muscle car. The automaker on Tuesday revealed the new Dodge Charger as an all-electric vehicle as well as a next-generation gas-powered muscle car. 2024 Dodge Charger Daytona Scat Pack EV DodgeDodge CEO Tim Kuniskis called the EV a "game changer in the industry." Dodge Charger DaytonaThe Charger Daytona EV will initially be offered in "R/T" and "Scat Pack" models with 496 horsepower and 670 horsepower, respectively. The "Fratzog" logo on the "R-Wing" of the 2024 Dodge Charger Daytona Scat Pack EV.
Persons: DETROIT — Dodge, Dodge, Tim Kuniskis, we're, Kuniskis, Carlos Tavares, Tavares, Michael Wayland Organizations: DETROIT, Challenger, Dodge, Chargers, Dodge Dodge, EV, Charger, Dodge Challenger Locations: Dodge, Windsor , Ontario, Canada, Pontiac, Mich, CNBC
In this article AAPL Follow your favorite stocks CREATE FREE ACCOUNTwatch nowThe European Commission, the European Union's executive arm, on Monday hit Apple with a 1.8 billion euro ($1.95 billion) antitrust fine for abusing its dominant position on the market for the distribution of music streaming apps. Apple also banned developers of music streaming apps from providing any instructions about how users could subscribe to these cheaper offers, the Commission alleged. Apple responseIn a fiery response to the fine, Apple said Spotify would stand to gain the most from the EU pronouncement. That's because instead of selling subscriptions in their iOS app, Spotify sell them via their own website stead. Apple fine just a 'parking ticket'The Commission said that Apple prevented developers of music streaming apps from informing their iOS users within their apps about prices of subscriptions or offers available elsewhere.
Persons: Apple, , Margrethe Vestager, Vestager Organizations: European Commission, Apple, Commission, EU, U.S, Spotify, Apple Music Locations: Brussels, Stockholm, Sweden, Cupertino
And Apple will give iPhone and iPad users access to rival app stores and payment systems for the first time. The tech giants have been preparing ahead of a Wednesday deadline to comply with a new European Union law intended to increase competition in the digital economy. Those changes are some of the most visible shifts that Microsoft, Apple, Google, Meta and others are making in response to a wave of new regulations and laws around the world. In the United States, some of the tech behemoths have said they will abandon practices that are the subject of federal antitrust investigations. “This is a turning point,” said Margrethe Vestager, the European Commission executive vice president in Brussels, who spent much of the past decade battling with tech giants.
Persons: , Margrethe Vestager Organizations: Google, Microsoft, European Union, Markets, Apple, Justice Department, European Commission, Locations: United States, Brussels
While loneliness among older adults has been an issue for years, the pandemic exacerbated it across all age groups. Some experts told me that cities could help counter loneliness with policies that bolster senior centers and ensure accessibility to vital resources and that governments should invest more in mitigating loneliness for older adults. That's largely why Lamy felt compelled to organize an easy way for older adults in the community to meet and talk to one another. What we know is that isolation and loneliness among older people tend to lead to pretty serious health complications very quickly. So there is a real reason for us to try to help older people find connection."
Persons: Maria Maki, Maki, Andrea Ellen Reed, Buffalo Community Center Andrea Ellen Reed, I've, Vivek Murthy, Gen Zers, Joe Lamy, Lamy, Jovelle Tamayo, Dianne Stone, winder, he'd, Jan, , that's, that'll, she'd, There's, they'd, Preeti Malani, who've, Malani, Garey Schmidt, Schmidt, Sedona , Arizona Matt Martian Williams, Matt Martian Williams, Sen, Chris Murphy, Murphy, Rick Grossman, Grossman, Stone, we're, Jeff Keilson, Maura Healey, Keilson, it's, we've, BI Murphy, he's Organizations: Buffalo Community Center, BI, National Council, National Institute of Senior Centers, National, Healthy Aging, University of Michigan, Democratic Locations: Buffalo , Minnesota, Buffalo, Seattle, Las Vegas, New York, Chicago, Sedona , Arizona, Flagstaff, someone's, Sedona, Connecticut, Massachusetts
London CNN —Britain’s opposition Labour Party, widely expected to win a general election due to be held within months, has lost one of its safest parliamentary seats to a pro-Palestinian former party member in a chaotic by-election. Labour initially stood by Ali, only to withdraw their support but too close to the by-election to put forward another candidate. Galloway was expelled from the Labour Party in 2003 after he opposed then Prime Minister and Labour leader Tony Blair’s support for the war in Iraq. Galloway’s victory is noteworthy for the context in which it took place, but doesn’t necessarily tell us much about the general election that will take place at some point this year. It does send a warning, however, to Starmer and the Labour Party about the need to properly screen candidates, as it could be badly hurt by similar stories emerging in the run up to the general election.
Persons: London CNN —, George Galloway, Azhar Ali, Israel, Ali, Galloway, Keir Starmer, Jeremy Corbyn, Tony Blair’s Organizations: London CNN, Labour Party, Veteran, Labour, Sun, CNN, Tottenham Hotspur, North London Jewish, Champion’s League, Press TV Locations: Rochdale, Gaza, British, Galloway, Britain, Israel, Iraq, Russia, Iran, Starmer
Sometimes, the school bus arrived on time to pick up Ritu Narayan's children. Narayan's solution: She left her job to create Zum, an AI-backed electric school bus service that launched in 2015. It started as something of a self-funded Uber, chauffeuring kids to school with a fleet of vetted private drivers. Instead, the schools offered to enlist Zum as a privatized school bus fleet, with electric vehicles and tracking abilities. Narayan faced a turning point: Stick with her original vision, inspired by her mother, with its clear market and high demand?
Persons: Narayan, , I'm Organizations: CNBC, eBay, Oracle, Area, Oakland Unified School District Locations: India, California, Washington , Texas , Illinois , Tennessee, Maryland, Silicon Valley
For Mr. Trump, the border is a familiar backdrop and represents almost the background music of his candidacy, as he warns of a nation slipping out of reach and an “invasion” he promises to stop. For Mr. Biden, immigration represents a top vulnerability as border crossings reached record highs in late 2023 and images of mass migration and its fallout have become fixtures on the news. In the fall of 2020, Mr. Trump was more trusted on immigration by a sizable 16 percentage points, according to NBC News polling at the time. That margin has more than doubled to 35 percentage points as of this January — the largest advantage either Mr. Biden or Mr. Trump had on any of the nine issues tested. The package would have made asylum claims more difficult, expanded detention capacity, increased fentanyl screening and paid for more border officers.
Persons: Biden, Donald J, Trump, , Trump’s Organizations: Trump, Republicans, Mr, NBC, Republican Locations: Texas
It is doing so in part because the plans and intentions of Ukraine’s Western allies are so vague. Just as the Kremlin is doing, Ukraine’s Western allies are signaling their resolve to “defeat” Russia without actually articulating what that defeat means. The military support Ukraine’s allies are willing and capable of offering stops precisely where Ukraine’s most pressing shortages lie: manpower. But Ukraine’s Western allies are failing to reckon with these realities and, amid growing reluctance by right-wing parties in the US and Europe to shoulder the costs, are resorting instead to triumphalist rhetoric. Western allies need to start recognizing their limited resources, or at least the limits to what they can or will offer Ukraine.
Persons: Anna Arutunyan, Mark Galeotti, Prigozhin, Putin, Read, Volodymyr Zelensky, Vladimir Putin’s, ” Putin, Anatolii Stepanov, Dmitry Peskov, Ukraine’s, , Emmanuel Macron’s, Zelensky, Valerii Zaluzhnyi, Donald Trump Organizations: CNN, Ukraine, Kremlin, Getty, EU, Munich Security Conference, Estonian Ministry of Defense, Law Locations: Ukraine, Russia, Switzerland, , Moscow, Kyiv, Ukrainian, AFP, Ukraine’s Luhansk, Donetsk, Zaporizhia, Kherson, Crimea, NATO, Luhansk, Europe
Whether Congress chooses to provide the continued financial support Ukraine, Israel and Taiwan desperately need will go a long way toward answering this question. Secretary of Defense Mark Esper testifies during a House Armed Services Committee hearing on July 9 in Washington, DC. Without renewed US support, the arms pipeline to Ukraine will continue to dwindle over the coming months, directly impacting what happens on the battlefield. Politics must be set aside, and politicians who spurn allies, coddle autocrats and argue for American retrenchment should be ignored. Leadership is a heavy cross to bear, indeed, but the benefits of doing so — especially in the face of clear threats — will always outweigh the costs and favor the United States.
Persons: Mark, Esper, Trump, Russia resurges, Defense Mark Esper, Greg Nash, Vladimir Putin’s, Israel dismantles, Joe Biden, Anatolii Stepanov, Putin, Xi Jinping, coddle autocrats Organizations: Times, The McCain Institute, CNN, Defense, Armed, Funds, Communist, NATO, Ukraine, Taiwan Locations: Russia, Ukraine, United States, Israel, Taiwan, Washington , DC, Ukrainian, Avdiivka, Communist China, Kyiv, Moscow, Russian, Kostyantynivka, Donetsk, AFP, China, Japan, South Korea, Philippines, Washington, Iran, Afghanistan, East
Amid widespread discontent over President Joe Biden’s management of the border, the overall electorate is moving rightward on immigration too, polls show. For now, there’s no question that hardening GOP attitudes on immigration have been critical to Trump’s strong performance through the early primaries. Then, 56% of GOP primary voters said undocumented immigrants should be offered legal status; in last month’s primary, 55% said they should be deported. Immigration ranked as the most important issue for most GOP primary voters in South Carolina, and finished close behind the economy in both Iowa and New Hampshire. McLaughlin said Trump’s dominance among the GOP primary voters most concerned about immigration encapsulates a broader reason for his early success: widespread satisfaction among Republicans about his record in office.
Persons: Donald Trump’s, Joe Biden’s, Trump, What’s, , Donald Trump, , Jim McLaughlin, Joe Biden, , Nikki Haley, Trump’s, Haley, Leah Askarinam, McLaughlin, Robert P, Jones, Charles Franklin, Adolf Hitler, ” Biden, Biden, Stephen Miller, Charlie Kirk, Miller, Dwight D, Eisenhower, Matt Barreto, Barreto, Democratic pollster, ” Barreto, Maria Cardona, Tom Suozzi, George Santos, Suozzi, Bill Clinton Organizations: CNN, GOP, Republican, Trump, Biden, Edison Research, Immigration, Former South Carolina Gov, Quinnipiac University, Survey, Religion Research Institute, Marquette Law School, Marquette, Gallup, Republicans, CBS, National Guard, Democratic, UCLA, New, Republican Rep, White, House Republicans Locations: Alabama, Mississippi, New Hampshire, South Carolina, Iowa, New York, Wisconsin, Mexico, United States, American, Trump, Marquette, America, Texas, Celinda, Arizona, Nevada, Mexico ”, week’s State, Brownsville
Michigan's Arab-American community voted overwhelmingly for Biden in 2020, helping him carry the state and defeat then-incumbent Donald Trump. U.S. President Joe Biden is welcomed by Israeli Prime Minster Benjamin Netanyahu, as he visits Israel amid the ongoing conflict between Israel and Hamas, in Tel Aviv, Israel, October 18, 2023. Evelyn Hockstein | Reuters"The U.S. election for President Biden could swing on two or three states," Fred Kempe, CEO of the Atlantic Council, told CNBC. "Take one of those states, Michigan, [which] Biden won by fewer votes in the last election than there are Arab American votes that could go against him, because of what's going on in the Middle East. Pro-Palestinian demonstrators march during a visit by President Joe Biden in Warren, Mich., Feb. 1, 2024.
Persons: Mostafa Bassim, Biden's, Julie Chavez Rodriguez, Ahmad Hasaballah, Rodriguez, Abdullah H, Hammoud, Biden, Donald Trump, Joe Biden, Benjamin Netanyahu, Evelyn Hockstein, Fred Kempe, it's, Jon, Paul Sancya, Gretchen Whitmer, Abdulqader Organizations: Islamic Center of Detroit, Anadolu, Getty, Michigan's Democratic, Israel, Palestinian, Hamas, United Nations, Dearborn, White, CNBC, Democratic, Israeli, Reuters, Atlantic Council, U.S, The New York Times, Michigan, Trump, Israeli Forces Locations: Michigan, United States, Warren , Michigan, Gaza, Dearborn, U.S, Rafah, Dearborn , Michigan, Arab, American, Israel, Tel Aviv, Warren, Mich, Khan Yunis
Paris CNN —French President Emmanuel Macron openly discussed the possibility of sending European troops to Ukraine to help Kyiv win the war against Russia, a potential major escalation to the largest ground war Europe has seen since World War II. Macron did, however, announce that a new coalition would be created to supply Ukraine with medium-range and long-range missiles. Macron pointed out that Western democracies have gradually increased their support to levels unthinkable when the war began. Macron warned at the start of the summit that Russia would likely attack beyond Ukraine in the coming years, threatening Europe’s collective security. “This is a European war,” Macron said.
Persons: Emmanuel Macron, Macron, , , Olaf Scholz, ” Scholz, ” Macron, Volodymyr Zelensky, Vladimir Putin, , Dmitry Peskov, ” Peskov, Sergey Lavrov, Donald Trump, It’s, Anna Chernova, Vasco Cotovio Organizations: Paris CNN —, Kyiv, Ukraine, Russia, Republicans, CNN, European Union, Kremlin, EU Locations: Ukraine, Russia, Europe, Hungary, Slovakia, Russian, Ukrainian, Washington, Germany, Kyiv, , Moscow, , United Kingdom, EU
Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicIn the past few weeks, activists in Michigan have begun calling voters in the state, asking them to protest President Biden’s support for the Israeli military campaign in Gaza by not voting for him in the Democratic primary. The activists are attempting to turn their anger over Gaza into a political force, one that could be decisive in a critical swing state where winning in November is likely to be a matter of the slimmest of margins. Jennifer Medina, a political reporter for The Times, explains how the war in Gaza is changing politics in Michigan.
Persons: Biden’s, Jennifer Medina Organizations: Spotify, Democratic, The Times Locations: Michigan, Gaza
Milan CNN —Gimmicks were gone at the latest Milan runways — which concluded yesterday — with designers instead striking a more serious note that encouraged investment buying. Julianne Moore, A$AP Rocky and Salma Hayek front row at the Bottega Veneta fashion show during the Milan Fashion Week. Jacopo Raule/Getty Images1980s reduxRelegated as the style decade that people preferred to forget, the 1980s is slowly but surely starting to pop up on the radar. Jacopo Raule/Getty ImagesEven at MaxMara, famed for its trademark camel, creative director Ian Griffiths went in a deliberately different direction to focus on silhouette over shade. Jacopo Raule/Getty ImagesDark colors also dominated at Giorgio Armani this season.
Persons: Milan, Miuccia Prada, Raf Simons, Donatella Versace, , Julianne Moore, Rocky, Salma Hayek, Daniele Venturelli, Giorgio Armani, Bottega Veneta’s Matthieu Blazy, ” Franken, Franken, Jonas Gustavsson, Matthieu Blazy, Victor Virgile, Blazy “, Massimo Giorgetti —, Truman Capote’s “, , knitwear, Jacopo Raule, Jil Sander, stilettos, Matteo Tamburini, Kim Jones, Karl Lagerfeld, Leigh Bowery, Judy, Julia, Versace, Anne Hathaway, Gina di Bernardo —, Aldo Fallai’s, Prince, Ferragamo, Tom Ford, Giovanni Giannoni, Ian Griffiths, “ We’re, we’re, Marco M, Gigi Hadid, Solange Knowles, Jacopo M, Matthieu, Aitor Rosas Sune, WWD, Hari Nef, Riccardo Giordano, Sipa Cate Blanchett, Gabriel Bouys Organizations: Milan CNN, Prada, Bottega Veneta, Blazy, Truman Capote’s “ La, Truman Capote’s “ La Cote Basque, Getty, Dolce, Diesel, Milan Locations: Milan, , Bottega, MSGM, Truman Capote’s “ La Cote, London, “ London, MaxMara, Avavav, AFP
CNN —Senate Majority Leader Chuck Schumer on Sunday invoked his ancestors’ deaths at the hands of the Nazis as he called on House Speaker Mike Johnson to put a $95 billion foreign aid bill on the floor and cautioned about the dangers of catering to dictators. In a statement earlier this month, the Louisiana Republican said a standalone foreign aid bill, without anything addressing US border security, was unacceptable. Republicans also scuttled a bipartisan negotiated border security bill in the Senate. “The mandate of national security supplemental legislation was to secure America’s own border before sending additional foreign aid around the world. His comments come as the White House and Democrats continue to ramp up the pressure campaign against Johnson and House Republicans.
Persons: Chuck Schumer, Mike Johnson, Schumer, Johnson, Vladimir Putin, , , , , ” Johnson, Volodymyr Zelensky, — it’s, , Donald Trump, who’s, Putin, ” Schumer Organizations: CNN, GOP, New York Democrat, Louisiana Republican, Republicans, Democratic, White House, House Republicans, Congress, House GOP, Republican Locations: New York, Chortkiv, Galicia, Ukraine, Israel, Taiwan, Kyiv, Louisiana
Israeli Prime Minister Benjamin Netanyahu on Sunday tempered expectations about the timeline of a potential hostage deal with Hamas, while the White House expressed hope for an agreement to take shape in the coming days. It's too soon to say if they've abandoned them," Netanyahu said on CBS' "Face the Nation." Progress on the new deal gave the White House renewed hope that a final agreement could emerge as soon as this week. Netanyahu said that while he hopes the hostage deal can come to fruition, Israel is planning military operations in the event that the agreement falls through. He said that the hostage deal, and the accompanying temporary ceasefire, would delay the Rafah attack.
Persons: Benjamin Netanyahu, It's, they've, Netanyahu, Jake Sullivan Organizations: Ministry of Defence, Hamas, CBS, White, Union, Israel Defense Forces Locations: Tel Aviv, Israel, They're, Paris, Egypt, Qatar, U.S, Rafah
Warren Buffett shared a heartfelt tribute to the late Charlie Munger, calling his business partner of 60 years the architect of today's Berkshire Hathaway . "In reality, Charlie was the 'architect' of the present Berkshire, and I acted as the 'general contractor' to carry out the day-by-day construction of his vision," Buffett wrote. In a way his relationship with me was part older brother, part loving father." With much back-sliding I subsequently followed his instructions," Buffett wrote in the letter. Though I have long been in charge of the construction crew; Charlie should forever be credited with being the architect," Buffett said.
Persons: Warren Buffett, Charlie Munger, Berkshire Hathaway, Charlie, Buffett, Munger, Warren, Ben Graham, Benjamin Graham, jerked Organizations: Oracle, Columbia University, BNSF Railway Locations: Berkshire, Omaha, Dairy
The U.S. F/A-18 fighter jets launched from the USS Dwight D. Eisenhower aircraft carrier, which is currently in the Red Sea, officials said. President Joe Biden and other senior leaders have repeatedly warned that the U.S. won't tolerate the Houthi attacks against commercial shipping. During normal operations, about 400 commercial vessels transit the southern Red Sea at any given time. The Rubymar, a British-registered, Lebanese-operated cargo vessel, was attacked while sailing through the Bab el-Mandeb Strait that connects the Red Sea and the Gulf of Aden. The Associated Press, relying on satellite images from Planet Labs PBC of the stricken vessel, reported Tuesday that the vessel was leaking oil in the Red Sea.
Persons: Dwight D, Lloyd Austin, Grant Shapps, Shapps, Joe Biden, haven't, We've, Sabrina Singh, we've, Mason, Abdul Malik al, Hope Organizations: US Coast Guard, US Central Command, U.S, Eisenhower, Defense, Yemeni Armed Forces, RAF, Islander, Hamas, Houthi, Aden , U.S . Central Command, Central Command, Khorfakkan, United, Command, Associated Press, Planet Labs PBC Locations: Iran, Yemen, Tampa , Florida, United States, U.S, Gulf of Aden, British, Red, Britain, Australia, Bahrain, Canada, Denmark, Netherlands, New Zealand, Gaza, Aden , U.S, Asia, Europe, Africa, Suez, Mandeb, Gulf, Aden, Palau, Belize, Lebanese, Bulgaria, United Arab Emirates
The strikes include at least dozens of targets across multiple locations in Yemen, according to one of the officials, including targets in the capital Sanaa and elsewhere. The targets included Houthi weapons, radar sites, command and control center, as well as underground weapons storage facilities. Earlier this month, the Pentagon said that the continued strikes against Houthi targets in Yemen, which began in January, have destroyed more than 100 missiles and launches, including anti-ship missiles, drones, radars and more. It is also extremely expensive and impractical, some officials note, to keep firing multimillion-dollar missiles at cheap Houthi drones and missiles. CORRECTION: This story has been updated to correct the number of strikes carried out against Houthi targets in Yemen.
Persons: Aden –, Sabrina Singh, ” Singh, , Organizations: CNN, Pentagon, United Nations, Command, US Locations: United States, United Kingdom, Yemen, Iran, Aden, Gaza, Suez, Africa, Gulf, Belize
The Pentagon is learning lessons from the Ukraine war. It's changing the way the Pentagon plans for war, The Washington Post has reported. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Pettyjohn told the Post that the US had almost certainly taken note of the fact that Ukraine was using older artillery, guided to their targets using sensors and drones. AdvertisementHimars rockets cost about $240,000 each, and in 2022 were deployed effectively by Ukraine to take out Russian targets behind the front lines in precision strikes.
Persons: , Stacie Pettyjohn, Pettyjohn Organizations: Washington Post, Service, Center, New, New American Security, Post, National Defense Locations: Ukraine, New American, Russia
The Houthis have spent the past few months lobbing missiles and drones at ships off Yemen's coast. War experts say these attacks are giving Iran and the rebels, Tehran's proxies, valuable data. War experts say the rebels and Iran, their main backer, have been learning key information from the ongoing attacks in the Red Sea and Gulf of Aden. US Central CommandThe Houthi rebels boast a sizable arsenal of one-way attack drones, anti-ship cruise missiles, and anti-ship ballistic missiles, the latter of which had never been used in combat until recently. Earlier this week, for example, a Houthi anti-ship ballistic missile hit a bulk carrier, forcing its crew to issue a distress call and abandon the vessel.
Persons: , Khaled Abdullah, John Kirby, Marlin Luanda, Sabrina Singh, Kirby Organizations: Navy, Service, US Navy, Institute for, American Enterprise Institute, US Central Command, International Institute for Strategic Studies, REUTERS, National Security, Marshall, Central Command, Pentagon Locations: Iran, Yemen, Gulf of Aden, resupplied, Tehran, Sanaa, Bermuda, Gulf, Aden
Arguably most important among those questions: How long can it practically sustain such draining financial support for Ukraine? The United Kingdom, arguably the major security player in the region, has also pledged more than $15 billion to Ukraine since 2022. This is an alarming prospect for European officials who already believe Putin is digging in and trying to wait out the West. In the run-up to the US presidential election, the question of what happens to European security without America will inevitably be asked. Europe simply doesn’t have the manufacturing heft right now to independently serve Ukraine over the next 12 months.
Persons: Vladimir Putin’s, Money, Volodymyr Zelensky, Ursula von der Leyen, Joe Biden, Stefan Rousseau, Donald Trump, White, Trump, Putin, Thomas Peter, Organizations: CNN, Ukraine, Bakhmut, European Union, NATO, EU, Kiel Institute, US, Parliamentary, Getty, White House, DC Locations: Vladimir Putin’s Ukraine, Europe, Ukraine, Avdiivka, United States, Kyiv, EU, Kiel, United Kingdom, Ukrainian, AFP, NATO, America, Kramatorsk, Brussels, China, Beijing
CNN —President Joe Biden called Russian President Vladimir Putin “a crazy S.O.B.” in a fundraiser Wednesday in San Francisco, according to the pool reporters traveling with the US president. But the existential threat to humanity is climate,” Biden told those gathered at the fundraiser. Biden also criticized former President Donald Trump’s comments likening his legal troubles to the death of Russian opposition leader and Kremlin critic Alexey Navalny. Where the hell does this comes from,” Biden said, according to reporters in the room. These guys do not believe in basic democratic principles,” Biden said according to the pool traveling with him.
Persons: Joe Biden, Vladimir Putin “, , Putin, ” Biden, Biden, Donald Trump’s, Alexey Navalny, , Navalny, , Trump, ” Trump, Dmitry Peskov, Strom Thurmond, “ I’ve, I’ve, “ You’ve, ‘ You’ve, Nancy Pelosi, John Doerr, CNN’s Kate Sullivan, Kaanita Iyer, Anna Chernova Organizations: CNN, Republican, NATO, Putin, Russia, Kremlin, Republicans, , White Locations: San Francisco, United States, Russia, U.S, United States of America, South Carolina, Los Altos Hills , California
U.S. crude oil futures hovered near three-month highs Tuesday as the conflict in the Middle East rages on. U.S. crude gained 3% last week to settle Friday at its highest price, $79.19 a barrel, since Nov. 6. The global benchmark rose 1.5% for the week to settle at its highest price since Jan. 26. Houthi militants on Monday attacked another cargo ship in the Bab el-Mandeb strait, forcing the crew to abandon the vessel. The attack highlights the ongoing threats to commercial vessels in the Red Sea, which has forced shipping giants such as Maersk to divert cargo around the Cape of Good Hope in Africa.
Persons: Brent, Tamas Varga, PVM Organizations: The West Texas Intermediate, International Energy Agency, Monday Locations: Suez, Ismailia, Egypt, East, Israel, Lebanon, Gaza, Rafah, U.S, Iran, Red, Hope, Africa, Aden
Houthi military spokesman Yahya Saree claimed the group's responsibility for the attack, calling it their most severe yet. The group claim to support Palestinian civilians amid Israel's retaliatory military campaign in the Gaza Strip. Simultaneously, fighting is raging between Israel and Hamas in the Gaza Strip with no sign of abating despite diplomatic efforts by a number of countries. INTERNATIONAL WATERS RED SEA, YEMEN - NOVEMBER 20: This handout screen grab captured from a video shows Yemen's Houthi fighters' takeover of the Galaxy Leader Cargo in the Red Sea coast off Hudaydah, on November 20, 2023 in the Red Sea, Yemen. EU foreign ministers called in a joint statement for an immediate humanitarian pause that would lead to a lasting cease-fire.
Persons: Mohammed Huwais, Yemen's, Yahya Saree, Saree, Charles Myers, CNBC's, Myers, Hungary —, Israel's, Benjamin Netanyahu, Israel, hasn't, Mohammed Abed Organizations: Hamas, Afp, Getty, U.S . Central Command, Global Advisors, SEA, Galaxy Leader Cargo, Handout, Security, Palestinian Locations: Israel, Sanaa, Gaza, Red, Belize, Gulf, Aden, Iranian, Yemen, U.S, Gulf Aden, Rafah, Gaza's, YEMEN, Red Sea, Lebanon, Iran, Beirut, Hungary
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