Source: MarketWatch
Security & Justice
State Action Signals Change in Tackling Longstanding Illegal Land Grabs in Jbeil District
For years, the serene villages of Jbeil's highlands have been far from peaceful. Ghabat, a Maronite village nestled between the predominantly Shiite towns of Afqa and Lassa, has become a focal point of growing tensions due to territorial disputes.
Friday, December 20, 2024
Mawlawi Ensures Strict Monitoring for Wanted Syrian Regime Figures at Beirut Airport
Caretaker Minister of Interior, Bassam Mawlawi, conducted an inspection tour of Rafic Hariri International Airport in Beirut to review the security arrangements and measures implemented by the Airport Security Apparatus ahead of the holiday season.
Thursday, December 19, 2024
Opinion
Lebanon After the Assads
The United States has important equities in Lebanon, including a desire for a generally friendly government’s economic and political stability; security cooperation; long-standing relations with the large Christian community in Lebanon and Lebanese diaspora in the United States; and ultimately peace between Israel and Lebanon within a broader regional settlement. Achieving these objectives will require navigating a tumultuous period in the country’s history following a war between Hezbollah and Israel that has devastated a large part of the country, exacerbating Lebanon’s already challenging economic conditions. But perhaps the most important dynamic will be how a likely Sunni-dominated state of uncertain composition in Syria will differ in its intentions toward Lebanon from the previous Alawite-led minoritarian Assad regime.
Thursday, December 19, 2024
Europe’s Syrian Dilemma
The news of the sudden and unexpected demise of Bashar al-Assad’s regime in Syria has met a mixed response in Europe. The jubilation that a murderous dictator and close ally of Russia and Iran has fallen is not just good for the Syrian people but serves as a morale booster for Eastern Europeans wondering whether Russia can be defeated
Wednesday, December 18, 2024
Sports
Cristiano Ronaldo Unveils New Private Jet Worth $73 Million
Cristiano Ronaldo, one of the richest global athletes, has unveiled his upgraded private jet reportedly worth $73 million. With its top-notch design, exceptional speed and range of 7500 nautical miles, the Gulfstream G650 is among the fastest jets in the world.
Monday, December 16, 2024
Guardiola Accepts Man City May Need to Sign More Players to Cope with Schedule
Manchester City manager Pep Guardiola believes he will need a bigger squad to handle soccer’s ever-expanding fixture schedule.
Saturday, December 14, 2024
Tuesday 12 December 2023 15:28:54
Oil Prices Lower Ahead of U.S. Inflation Report
Price action
- West Texas Intermediate crude for January CL00, -1.08% CLF24, -1.08% delivery shed 38 cents, or 0.5%, to $70.94 a barrel on the New York Mercantile Exchange.
- February Brent crude the global benchmark, shed 45 cents, or nearly 0.6%, at $75.58 a barrel on ICE Futures Europe.
- January gasoline RBF24, -0.71% shed 0.1% to $2.04 a gallon, while January heating oil HOF24, -1.81% fell 0.8% to $2.58 a gallon on Nymex.
- Natural gas for January delivery rose 0.3% to $2.43 per million British thermal units.
Market drivers
The U.S. CPI Index for November is due out at 8:30 a.m. Eastern Time Tuesday. The data could have an impact on oil prices, which settled higher on Monday following a seven-week losing streak that was the worst for U.S.-traded crude since 2018.
Economists polled by The Wall Street Journal expect the headline gauge of growth in consumer prices had been flat last month, while core prices are expected to have increased by 0.3%, slightly faster than the 0.2% rate from October.
