European Central Bank says it on high alert to adjust rates if tensions in Middle East persist
Although the central bank had been claiming for months that it was “in a good place,” it struck a different tone on Thursday amid renewed energy price spikes driven by the US-Israeli war on Iran.
Strait of Hormuz closure forces Trump to waive Jones Act to curb rise in oil prices, hurt world economies
US President Donald Trump on Wednesday waived the Jones Act for 60 days in an effort to curb rising oil prices caused by the closure of the Strait of Hormuz off the coast of Iran. The Jones Act requires that all goods transported between US ports must be carried solely...
End-game Why US is developing cold in war with Iran as Israel pummels unbending Middle East nation
Although the United States and Israel killed then-Supreme Leader Ali Khamenei in the first round of attacks on Tehran, the Iranian political system did not undergo a fundamental shake-up. Iran quickly elected Mojtaba Khamenei, who holds a more staunchly anti-US and anti-Israel stance, as the new supreme leader.
Nairobi Coffee Exchange weekly auction records marginal drop in volumes moved, with 30,824 bags valued at $116.8 billion traded
According to the NCE report on the auction, brokers’ performance reflected the concentration of volumes among a few dominant marketing agents.
Campaign for Nuclear Disarmament and the Stop the War Coalition join protesters in London in support of pro-Palestine groups
Organisers said between 20,000 and 30,000 people joined the rally, while the Metropolitan Police estimated the turnout at more than 5,000. The protest was organised by anti-war groups, including the Campaign for Nuclear Disarmament and the Stop the War Coalition, with support from pro-Palestine groups.
Iran’s spiritual leader Ayatollah Ali Khamenei killed in Israeli-American rain of bombs on Tehran
Some of the first strikes on Iran appeared to hit near the offices of the 86-year-old Khamenei. Before Israeli officials confirmed the death, Iranian Foreign Minister Abbas Araghchi told NBC News that Khamenei and President Masoud Pezeshkian were alive “as far as I know.” He called the attack “unprovoked, illegal and absolutely illegitimate.”
Over 2,000 killed in Iranian protests, activists say the chaos bear echoes of 1979 revolution
The activist group said 1,850 of the dead were protesters and 135 were government-affiliated. Nine children were killed, along with nine civilians it said were not taking part in protests. More than 16,700 people have been detained, the group said.
