Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Persian"


25 mentions found


[1/5] A view of gravestones at a Jewish cemetery in the ancient city of Derbent on the Caspian Sea coast in the Caucasus region of Dagestan, Russia, November 2, 2023. With row after row of gravestones engraved with the Star of David or portraits and pictures of the dead, Derbent's Jewish cemetery gives an indication of how large this coastal city's Jewish population once was. One of a string of enclaves of so-called Mountain Jews that pepper both Russia's Caucasus and neighbouring Azerbaijan, Derbent's Jews still speak a dialect of Persian that evokes their hometown's rich history. Today there are barely 2,000 Jews still living in Dagestan, once home to 10 times that." Alexander Fedotov, who was visiting Derbent's Jewish cemetery with Zoya Solomonova, said he thought the airport riot had been planned by someone intent on spoiling ties between Russia and Israel.
Persons: Kazbek Basayev, Zoya Solomonova, Vladimir Putin, David, Derbent's, Derbent, Shneor Segal, Alexander Fedotov, Eduard Ilgiyaev, I've, I'm, Andrew Osborn, Felix Light, Daniel Wallis Organizations: REUTERS, West, Star, Reuters, Thomson Locations: Derbent, Caucasus, Dagestan, Russia, St Petersburg, Makhachkala, Tel Aviv, Gaza, Ukraine, Soviet Union, Israel, Moscow, Chechnya, Azerbaijan
GENEVA (AP) — The near certainty that Saudi Arabia will host the 2034 men's World Cup unites two of the most influential men in world sports: the leader of soccer's governing body and the kingdom's crown prince. In the case of Saudi Arabia, U.S.-based journalist Jamal Khashoggi was slain inside the Saudi Consulate in Istanbul in 2018. The men’s World Cup should earn Switzerland-based FIFA more than $10 billion in almost entirely tax-free revenue. “Mohammed bin Salman wants Saudi Arabia to be a hub of anything and everything,” Middle East expert James Dorsey said. Then came the COVID-19 pandemic and FIFA canceled the planned June 2021 relaunch in China of its Club World Cup event.
Persons: Gianni Infantino, Prince Mohammed bin Salman, sportswashing, Jamal Khashoggi, Prince Mohammed, Infantino, King Salman, Prince Mohammed's, “ Abraham, , Donald Trump, ” Infantino, Mohammed's, Cristiano Ronaldo, “ Mohammed bin Salman, James Dorsey, Greece —, , Australia –, they’ve, James Johnson, , Yasser Al Misehal –, Organizations: GENEVA, FIFA, Australia, Qatar, White House, “ Abraham Accords, United Arab, Soccer, Newcastle, Russia, Saudi, ” Football Australia, ” FIFA, FIFA Council, Fox News Locations: Saudi Arabia, Persian, Saudi, U.S, Istanbul, Riyadh, Switzerland, Gulf, Israel, United Arab Emirates, Bahrain, Europe, Swiss, China, Qatar, United States, Canada, Mexico, Egypt, Greece, Africa, South America, Asia, Oceania, Saudi Arabian, Australia
Opinion | Seeing the Big Picture in Two Big Wars
  + stars: | 2023-11-02 | by ( Thomas L. Friedman | ) www.nytimes.com   time to read: +9 min
Step back far enough, and you can see exactly what is driving so much geopolitics today: Ukraine is trying to join the West. Or they would have agreed to Lend-Lease assistance for the allies only if President Franklin Roosevelt would eliminate the I.R.S. That’s why today America must help Israel and Ukraine to blunt the Russia-Iran axis in their theaters. But the morning after their wars, Israel and Ukraine are going to have to face some very hard choices. Because while we may write big checks to both today, they will not be blank checks.
Persons: Mike Johnson, Biden, Johnson, Franklin Roosevelt, G.O.P, Vladimir Putin, Putin, Ayatollah Ali Khamenei, Leon Aron, Vladimir Putin’s, , , gunning, ” Aron, Israel, Donald Trump, , Benjamin Netanyahu Organizations: Internal Revenue, Lease, Fox News, NATO, European, Palestinian Authority, , West Bank, Hamas, Putin, Iran’s, U.S, Patriot, Republicans, Palestinian, European Union Locations: Ukraine, West, Israel, Russia, Iran, cheaters, Europe, Saudi Arabia, Saudi, Tehran, Moscow, Vladimir Putin’s Russia, Belarus, Indonesia, Malaysia, Pakistan, Gaza, It’s, Kyiv, Gaza City, U.S, Ramallah, America
The US Navy said its drone boats fired lethal weaponry for the first time in the Middle East. Footage of one of the engagements shows Navy personnel operating the drone boat in the open waters. The USV then fires one of the munitions, which includes a first-person view of its trajectory into the simulated target, causing it to detonate on impact. Navy officials said the exercise was designed to advance the lethality and combat potential of drone boats, and future events could broaden the arsenal of these unmanned systems. Beyond drone boats, the Pentagon has taken other measures in recent months to boost deterrence in the region like dispatching an assortment of fighter jets and warships to the area.
Persons: , Ray USV, Devil Ray, NAVCENT, Brad Cooper, Cmdr, Dre Johnson, Jonathan Nye, Justin Stumberg Organizations: US Navy, Navy, Service, US Naval Forces Central Command, . Naval Forces Central Command’s, Digital, Missile System, U.S . Naval Forces Central Command’s, Mass, Islamic Revolutionary Guard Corps Navy, Pentagon Locations: Arabian, U.S, Hormuz, Gulf of Oman, Persian, Iran, American
“We are in one of the most fragile junctures for the world economy.”Mr. Gill’s assessment echoes those of other analysts. Tensions between the United States and China over technology transfers and security only complicate efforts to work together on other problems like climate change, debt relief or violent regional conflicts. If the conflict stays contained, though, the ripple effects on the world economy are likely to remain limited, most analysts agree. At the moment, the United States is the world’s largest oil producer, and alternative and renewable energy sources make up a bit more of the world’s energy mix. “It’s a highly volatile, uncertain, scary situation,” said Jason Bordoff, director of the Center on Global Energy Policy at Columbia University.
Persons: ” Mr, Gill, Mr, Jamie Dimon, JPMorgan Chase, Jerome H, Powell, , Jason Bordoff, Bordoff Organizations: JPMorgan, Hamas, Federal Reserve, Center, Global Energy, Columbia University Locations: Gaza, United States, China, Israel, Egypt, Syria, U.S, Europe, Iran, Persian
But some have said that Qatar’s relationship with Hamas may become a liability. “(Qatar’s) relationship with Hamas has been a key component of the mediation strategy,” said Andreas Krieg, an associate professor at King’s College London who focuses on Gulf states. What is the nature of Qatar’s relationship with Hamas? That relationship has made Qatar an important mediator with Hamas during its conflicts with Israel. Despite its mediation efforts, Israeli Foreign Minister Eli Cohen last week accused Qatar of financing Hamas and harboring its leaders.
Persons: , Andreas Krieg, , David Barnea, , Israel, Tzachi Hanegbi, ” Hanegbi, Biden, ” Krieg, Majed Al, Ansari, Krieg, ” Hiltermann, Eli Cohen, ” Cohen, Antony Blinken, Joost R, Hiltermann, Qatar’s coziness, Hamas’s, “ You’ll, ” Israel, Becky Anderson, Ibrahim Dahman, Hamdi Alkhshali, Aimee Look, Abu Dhabi Organizations: UAE CNN, Qatar, King’s College London, Israel, CNN, National Security, United Arab, Reuters, NATO, Doha, Al, Hamas, Qatar’s Ministry of Foreign Affairs, US, UN, Washington Post, Qatari, , Group Locations: Abu Dhabi, UAE, Qatar, Israel, Gaza, Egypt, United States, Rafah, Al, Arish, Washington, Hamas, Saudi Arabia, Bahrain, United Arab Emirates, Iran, Doha, Western, Arab, Al Jazeera, Tehran, Afghanistan, “ Qatar, North Africa, Brussels, , Atlanta, Abu
“Threats to exterminate the Jews are the result of the work of Russian state propaganda, which for decades cultivated feelings of hatred towards other peoples among Russians,” he noted. Kadyrov has also provided footsoldiers for Russia’s war in Ukraine. The Gaza war adds one more match to the fire. Additionally, Russia’s war in Ukraine has impacted Dagestan heavily, with significant casualties. But an anti-Jewish riot in the southern region of Dagestan shows how quickly that model can backfire, particularly for those trapped inside the echo of Russian state propaganda.
Persons: Vladimir Putin, , Matthew Miller, Israel, , Putin, ” Putin, , Bashar al, Assad, Prince Mohammed bin Salman, Benjamin Netanyahu, Strategic Communications John Kirby, “ we’ve, ” Kirby, Volodymyr Zelensky, Oleh Nikolenko, Ramzan Kadyrov, – Kadyrov, Kadyrov, Harold Chambers, Riddle, Yevgenia Albats Organizations: CNN, multiconfessional, Ukraine –, Kremlin, Red Wings Airlines, Tel Aviv –, Jewish, Authorities, Ministry of Foreign Affairs, Hamas, Israel’s Ministry of Foreign Affairs, Sunday, Saudi, Israeli, National Security, Strategic Communications, ” Observers, Criminal Court, ICC, Russian National Guard, AFP, Getty, Ukrainian Foreign Ministry, Global Locations: Russia, Dagestan, Makhachkala Uytash, Ukraine, Gaza, Tel Aviv, , Russian, Makhachkala, Palestine, Beijing, China, Israel, Jerusalem, Moscow, Iran, United States, Chechnya, Chechen, Russia’s, Kremlin, East
Palestinian tech workers in the Gaza Strip and West Bank are struggling to operate in the crossfire. AdvertisementAdvertisementPalestinian tech workers have comparatively fewer resources (namely internet connectivity and cash) at their disposal and tend to be reliant on outsourced work. This affects remote workers, freelancers, tech workers, and students who "won't be able to pursue their duties," Shtaya added. It was already difficult to import hardware and other equipment, the West Bank consultant said. Nvidia hired 100 engineers in the West Bank, and Apple also has a presence, TechCrunch reported.
Persons: , Ryan Sturgill, TechCrunch, Avi Hasson, Israel, Mona Shtaya, Shtaya, PayPal doesn't Organizations: Hamas, West Bank, Service, Aqsa University, Google, Microsoft, TechCrunch, Mercy Corps, Israel Innovation Authority, Nation Central, Gaza Health Ministry, Gaza, Institute, Middle East, Bank, Israel, Wired, PayPal, Tech, Nvidia, Apple Locations: Gaza, Palestinian, Al, Israel, Hamas, Egypt, Europe, Persian
A rabbi walks in the courtyard of a synagogue in the ancient city of Debent on the Caspian Sea coast in Russia's Caucasus region of Dagestan August 17, 2007. Dagestan became part of the Russian empire in 1813, when Tsarist forces prised it away from Persia. Known locally as "Mountain Jews", they speak a dialect of the Farsi or Persian language spoken in Iran to the south. Some scholars believe that the first Mountain Jews, like members of many other Jewish communities, started to emigrate to a prospective homeland in what was then Ottoman-ruled Palestine as early as the 19th century. Rabbi Ovadia Isakov, the best-known contemporary Mountain Jewish rabbi, told Russian media that 300-400 families remained in Derbent.
Persons: Thomas Peter, prised, Rabbi Ovadia Isakov, Isakov, Shneor Segal, Filipp Lebedev, Kevin Liffey, Grant McCool Organizations: REUTERS, Palestinian, Thomson Locations: Debent, Caucasus, Dagestan, RUSSIA, Israel, Gaza, Derbent, Persia, Iran, Ottoman, Palestine, Soviet Union, Russia, Azerbaijan
Satellite images taken during the Cold War have revealed almost 400 previously unknown Roman forts. AdvertisementAdvertisementSatellite images taken during the Cold War have revealed almost 400 previously undiscovered Roman forts across Iraq and Syria, archaeologists said. He mapped 116 Roman forts along a 1,000 km, or roughly 620-mile, border, suggesting that these represented a defensive line against Arab and Persian invaders due to their spacing. Antiquity/US Geological SurveyThe new research found a further 396 previously undiscovered forts, suggesting that the region was more likely a hub of global trade. Cold War imageryThe photographs used in the study came from declassified spy images from the CORONA and HEXAGON satellite programs.
Persons: , Antoine Poidebard, Jesse Casana, Casana, PAUL J, RICHARDS Organizations: Service, French Jesuit, Survey, Dartmouth College, CIA, National Museum of, United States Air Force, Analysts Locations: Iraq, Syria, French, Soviet
Allison Chase was at a crossroads and venting to her father about the direction of her life at 26 years old. Ms. Chase’s brother and younger sister both have Type 1 diabetes and couldn’t fully partake in the sweeter side of the holiday. “Having fake limbs, body parts and fake blood being delivered by U.P.S. for my dad to open up and look through and having these Jell-O brain molds in the refrigerator — I thought that was normal,” she said. In 2017, Ms. Chase opened Madame Morbid with her ex-boyfriend Matt Zaller.
Persons: Allison Chase, Ms, Chase, Chase’s, Madame, Matt Zaller Locations: West Hartford, Conn
The targets represent a significant escalation in striking facilities used by Iran’s own forces in the region, not just the militias in Iraq and Syria that it helps arm and train. “These narrowly tailored strikes in self-defense were intended solely to protect and defend U.S. personnel in Iraq and Syria,” Mr. Austin said. Since Oct. 17, Iran-backed militia have carried out at least 12 rocket or one-way attack drone strikes against U.S. troops in Iraq and at least four attacks in Syria, Brig. There are 2,500 troops in Iraq and 900 in Syria, mainly helping local allies conduct counterterrorism missions against the Islamic State. “I believe there is concern that our bases in Syria and Iraq, especially Syria, could be attacked by a wave of drones and it could overwhelm the defenses currently there,” Mick Mulroy, a former defense official and retired C.I.A.
Persons: Biden, Lloyd J, Austin III, Mr, Austin, ” Mr, , Patrick S, Ryder, ” Mick Mulroy, General Ryder, Al Asad, we’ve, Organizations: Islamic Revolutionary Guards Corps, American, U.S, , Hamas, U.S ., Pentagon, Iran, The Defense Department, Al Asad, Al Asad Air Base, Islamic Locations: States, Syria, Iraq, Iran, East, U.S, Iranian, United States, Israel, Lebanon, Persian, Erbil, Al Asad Air, Brig, Islamic State
ReutersAny possible escalation of the Israel-Hamas war poses a major risk to the global economy, driving up energy prices and disrupting key trade routes, economists have warned. Israel's subsequent bombardment of Gaza in a bid to eliminate Hamas has increased the risk of a spillover to the wider Middle East region. The events in recent days have deepened the greatest fear among economists, that the conflict engulfs the region and begins to pose a long-term threat to global energy and trade infrastructure. Back then oil prices gained 30% in a matter of two weeks before settling at around 15% above pre-war levels," said J. Safra Sarasin Equity Strategist Wolf von Rotberg. "You choke off those points and you create major disruption not just to oil prices, but the whole supply chain of the world for energy and other goods as well."
Persons: Israel's, Isaac Herzog, Pat Thaker, Thaker, Brent, J . Safra Sarasin, J, Wolf von Rotberg, Elijah Oliveros, Rosen, Oliveros, Paul Gruenwald, Gruenwald Organizations: Hamas, Reuters, Palestinian, Lebanese, Hezbollah, Economist Intelligence Unit, CNBC, Fed, ECB, West Texas, J ., Safra Sarasin Equity Locations: Israel, Palestinian, Gaza, Lebanon, East, Africa, Saudi, Ukraine, Europe, Iran, Tehran, Saudi Arabia, Suez, Persian, Hormuz, U.S, Chile, Turkey, Thailand, Philippines, India, Egypt
Inside the U-Haul were nearly 500 handmade shadow puppets and dozens of masks, costumes and backdrops — the culmination of three years of painstaking labor, which, on Sunday evening, came to life in a balletic performance before a crowd of hundreds at a theater in San Francisco. On Monday morning, the puppeteers awoke to find the truck gone. But when hotel employees reviewed the security camera footage, it quickly became clear that the truck had been stolen. “My face dropped — my hands became cold,” Rahmanian said. Then, more than 48 hours later, on Wednesday morning, he received a call: A resident had spotted the truck in the city’s west, and notified the police.
Persons: Hamid Rahmanian, Ferdowsi’s, Rahmanian Locations: San Francisco, Iranian American
Until recently, 2023 looked to be a major year for Chinese outreach in the Middle East. Until this month, 2023 looked to be a landmark year for China's outreach to the Middle East. Zhai, China's Middle East envoy, began a tour of the region last week, stopping in Qatar first on October 19. "It's the kind of role we've played for the last half-century in the Middle East. Paul Iddon is a freelance journalist and columnist who writes about Middle East developments, military affairs, politics, and history.
Persons: , Xi Jinping, Bashar Assad, Benjamin Netanyahu, Kim Kyung, Yoav Gallant, Ariel Hermoni, Zhai Jun, Wang Yi, Chuck Schumer, Xi, Nicholas Burns, Burns, Michael Singh, Abraham, Singh, Mahmud Abbas, Jade Gao, Alexus Grynkewich, Grynkewich, Abu Dhabi, ATTA KENARE, it's, Zhai, we've, Paul Iddon Organizations: Service, Initiative, Israeli, REUTERS, Saudi, UAE, Israeli Defense Ministry, Getty Images, Washington, The Washington Institute, White House, Israel, US Air Forces, Defense Writers, Huawei, Getty Locations: East, Beijing, Israel, China, Iran, Syria, Kuwait, Saudi Arabia, Gaza, Anadolu, Getty Images Beijing, Saudi, Egypt, UAE, Jordan, Iraq, Abu, AFP, Qatar, Palestine
RAFAH, Gaza Strip (AP) — The border crossing between Egypt and Gaza opened on Saturday to let desperately needed aid flow to Palestinians running short of food, medicine and water in the territory that is under an Israeli siege. More than 200 trucks carrying roughly 3,000 tons of aid, which had been positioned near the crossing for days, began heading into Gaza. Many in Gaza, reduced to eating one meal a day and without enough water to drink, are waiting desperately for the aid. Hundreds of foreign passport holders also waited to cross from Gaza to Egypt to escape the conflict. Israel said Friday it does not plan to take long-term control over the tiny territory, home to some 2.3 million Palestinians.
Persons: Israel, Judith Raanan, Natalie, Ben, Joe Biden, , Israel —, Yoav Gallant, , ” Gallant, Gallant, Mohammed Abu Selmia, ___ Magdy, Bassem Mroue Organizations: Hamas, U.S, International Committee, Associated Press, Health Ministry, Israel, Shifa, Palestine Red Crescent Society Locations: RAFAH, Gaza, Egypt, Israel, American, Qatar, Persian, Chicago, Nahal Oz, Rafah, Gaza’s, Palestine, Quds, Cairo, Krauss, Jerusalem, Beirut
Why is it important for you to elevate the stories of those who exist in that very particular space between cultures? But more than anything, when you’re from two different places, you’re a bit of an outsider of both. And you do see the absurdity of both sides in some ways, and you understand it probably more than others would. Even Leila being a lesbian who gets pregnant by a man, as you did, plays in that in-between space. It was very important for me just to be adamant about our political rights as a community.
Persons: you’re, Leila, That’s, I’ve, “ You’ve, , I’ll Locations: America
After that rocket failed and fell on the Palestinian hospital in Gaza, killing scores of people, Hamas and the P.I.J. (Netanyahu’s coalition agreement actually vows to annex the whole of the West Bank.) I am well aware that Hamas has been committed to eliminating the Jewish state since its inception — not because Israel has expanded settlements in the West Bank. The Palestinian Authority, which is ready to coexist with the Jewish state, needs to be able to actually win a free and fair election against Hamas in the West Bank or Gaza. So no, we’re not telling Netanyahu what to do in Gaza — Israel is a sovereign country.
Persons: Biden, , Benjamin Netanyahu, Israel, Israel’s, Hassan Nasrallah, Nahum Barnea, beseeching Biden, beseech, it’s, , Gazans, there’s, Bibi Netanyahu’s, Abraham, Netanyahu, Sam’s, we’re, Netanyahu’s, Dan Ben, David, ” Mr, Ben, Yuval Noah Harari, Organizations: West Bank . Settlers, Palestinian Authority, West Bank, U.S, U.S . Navy, Pentagon, Arab Hospital, United, Israel, Hamas, Peace Communications, Times, Abraham Accords, Ministry of Defense, Tel Aviv University, Technion, Israel’s Locations: Israel, Gaza, Iraq, Afghanistan, Jerusalem, , Iran, Lebanon, Syria, Yemen, United States, U.S, Tehran, Persian, Gaza ”, America, Saudi Arabia, Jordan, Egypt, Gaza — Israel, We’re, Israeli
Now, as Israel’s war against Palestinian militant group Hamas threatens to spiral into a broader conflict that could shatter stability in the Middle East, China has called for a ceasefire while criticizing Israel’s actions. It also highlights China’s deep economic interests in both Russia and the Middle East, which it wants to safeguard at all cost. The world’s second largest economy depends on Russia and the Middle East for much of its energy needs. The Middle East is also a cornerstone in the Belt and Road Initiative. “Regional conflagration means long instability and long instability means no business for China in the Middle East,” he added.
Persons: , Eswar Prasad, refiners, Vladimir Putin, Xi, Sergei Guneyev, Russia’s, Putin, Russia —, Wang Yi, Jean, Loup Samaan, Joe Biden, QatarEnergy, Ahmed Aboudouh, Antony Blinken, Blinken, Organizations: Hong Kong CNN —, Moscow, Palestinian, Cornell University, Getty, Initiative, Shanghai’s Fudan University, United, China’s, Middle East Institute of, National University of Singapore, Wednesday, Jihad, Energy, China Petroleum & Chemical Co, Sinopec, Fudan University, Chatham House, US Department of State Locations: China, Hong Kong, Hong Kong CNN — Beijing, Ukraine, East, Palestine, Israel, United States, Russia, Beijing, Moscow, Saudi Arabia, Russian, AFP, Pakistan, Iran, Hamas, Tehran, Gaza, Qatar, China’s, Qatari, London, , Persian,
The prospect of an oil embargo arising from the conflict between Israel and militant groups contributed to a sharp but brief jolt in oil prices on Wednesday. Iran’s foreign minister, Hossein Amir-Abdollahian, called for Islamic countries to boycott Israel, including stopping oil shipments, according to Iranian media. He was speaking at a meeting of the Organization of Islamic Cooperation in Jeddah, Saudi Arabia. Although Israel imports nearly all its oil, analysts said that such an embargo would probably have little immediate impact, because the country does not buy oil from major Persian Gulf producers like Saudi Arabia and the United Arab Emirates or Iran. Instead, Kazakhstan, where oil is mostly produced by joint ventures involving Western companies including Chevron and Exxon Mobil, and Azerbaijan are among Israel’s biggest suppliers.
Persons: Hossein Amir Organizations: Israel, of Islamic Cooperation, United Arab, Chevron, Exxon Mobil Locations: Israel, Jeddah, Saudi Arabia, Gulf, United Arab Emirates, Iran, Kazakhstan, Azerbaijan, Nigeria
In a rare international appearance since the war in Ukraine, Russian President Vladimir Putin addressed a live audience at the third Belt and Road forum in Beijing Wednesday. In the opening ceremony speech, Putin invited other countries to participate in the development of the Northern Sea Route. The meeting marks the 10th anniversary of the Belt and Road Initiative (BRI) summit. Speaking to 1,000 delegates represented by over 130 countries, Putin said he agreed with Chinese President Xi Jinping that the Belt and Road idea "folds logically within multilateral efforts" to increase global cooperation. The Northern Sea Route is a 3,480 mile-long shipping route between the Pacific and Atlantic oceans which runs from the entrances of Novaya Zemiya straits in the west along the Russian Arctic Coast above Siberia.
Persons: Vladimir Putin, Putin, Xi Jinping Organizations: Initiative, Pacific, Foreign Policy Locations: Ukraine, Russian, Beijing, Russia, Persian, Novaya Zemiya, Siberia, Asia, Europe
The USS Gerald R. Ford Carrier Strike Group was deployed in the eastern Mediterranean amid a growing crisis in Israel. Carrier strike groups host significant airpower and firepower, and the Ford's new technological capabilities make it a major presence. US officials announced the movement of the carrier strike group toward Israel on Sunday, the day after Hamas carried out deadly terror attacks against the US ally. The amount of firepower each vessel brings adds up, especially considering the capabilities of the air wing aboard USS Gerald R. Ford. It set out on a short maiden deployment last year and its first full deployment as part of a fully certified carrier strike group earlier this year.
Persons: Gerald R, , Burke, Thomas Hudner, Ramage, USS Carney, Roosevelt, Bryan Clark, Maxwell, Ford, Clark, Gray, Jackson Adkins, Dwight D, Eisenhower, Bryan Goodman, William Sum, Israel Organizations: Ford Carrier Strike, Israel . Aircraft, Carrier, Service, US, Sunday, Israel, Ford, Ticonderoga, Arleigh, US Navy, Hudson Institute, Nimitz, Central Command, Hornets, EA, Electronic Attack, U.S . Navy, Pentagon, Defense, US Central Command, Hamas, British Royal Navy, Wall, US Department of Defense, Airborne Command, Control Squadron, Jackson Adkins US, US State Department, Israeli Defense Force, IDF Locations: Israel, Normandy, United States, Ticonderoga, Gaza, Iran, Iraq, Wellington , Florida, Panorama City , California, Persian
IMF Managing Director Kristalina Georgieva said the organization was closely monitoring the economic impact of the war, especially on oil markets, where prices have fluctuated. The IMF expects economic growth to slow to 2% this year in the Middle East and North Africa, from 5.6% last year, as countries keep interest rates higher and contend with rising oil prices and local challenges. That's below the IMF's forecast for global economic growth of 3% this year but above next year's expected 2.9%. Political Cartoons View All 1207 ImagesWealthy countries in the Persian Gulf and elsewhere will benefit from higher oil prices, while Egypt and Lebanon are still contending with soaring inflation, the IMF said. Egypt secured a $3 billion IMF bailout last year that requires a raft of economic reforms, including a shift to a flexible exchange rate and a higher borrowing costs.
Persons: Kristalina Georgieva, Jihad Azour, , , Azour, ” Azour, Jordan Organizations: United Arab Emirates, International Monetary Fund, IMF, Central Asia Department Locations: DUBAI, United Arab, Ukraine, Israel, Marrakech, Morocco, East, North Africa, That's, Persian, Egypt, Lebanon, Sudan
Oil prices jumped 4% on Monday before shrugging off those gains in subsequent sessions, and gold prices have inched higher by a little over 1% since the attack. "Global markets have yet to fully price the inflation risks from developments — from higher oil prices and more defense spending," Savage cautioned. That would cause the premium [of oil prices] to go higher," said Rapidan Energy Group's President Bob McNally. This could spike oil prices well north of $150 per barrel," Alpine Macro said in a note following the incursion. One analyst is of the view that even if the conflict prolongs, its implications on global markets is still largely contained.
Persons: Sameh, BNY Mellon, shrugging, BNY, Bob Savage, Savage, Amir Cohen, Bob McNally, McNally, Antony Blinken, Marko Papic, Mahmud Hams Organizations: Nurphoto, Hamas, U.S ., Swiss, BNY, Stockholm International Peace Research Institute, Reuters, Energy, United Nations, U.S, ., NBC News, Palestinian Health Ministry, Clocktower Group, CNBC, Brigades, Afp, Getty Locations: Gaza City, Israel, Palestinian, Gaza, Ukraine, Stockholm, U.S, Ashkelon, Iran, United States, Persian, Mahmud
The usual seasonal pattern for the spot price is a rally heading into the northern winter and summer peak demand periods, followed by a lull in the shoulder seasons in between. This figure already exceeds the 20.22 million metric tons from October last year and is likely to be revised upwards as more cargoes are assessed. Demand in top importer Japan is still following the usual seasonal pattern, which generally sees soft arrivals in October followed by strength as the colder weather arrives. India's imports have been trending higher, with September arrivals of 2.15 million metric tons the most since October 2021. Europe's LNG imports are also showing signs of life, with Kpler estimating October arrivals at 8.58 million metric tons, up from 7.4 million in September.
Persons: Snow, Gary Cameron, Wheatstone, Lincoln Organizations: REUTERS, Rights, Japan, LNG, El, Chevron, Reuters, Thomson Locations: Lusby , Maryland, Rights LAUNCESTON, Australia, Asia, Ukraine, China, Japan, South Korea, Europe, EUROPE, El Nino, Western Australia, Israel, Persian, Qatar, United States
Total: 25