Source: Kataeb.org
Security & Justice
Southern Lebanon Endures Massive Damage: 40,000 Homes Leveled Across 37 Towns
Israeli forces have systematically destroyed entire neighborhoods in southern Lebanon, leveling more than 37 towns and wiping out over 40,000 residential units, according to Lebanon's National News Agency.
Tuesday, November 5, 2024
Gaps in Coastal Radar Enabled Israeli Raid in Batroun, Army Commander Says
Lebanon’s army chief, General Joseph Aoun, detailed to Caretaker Prime Minister Najib Mikati how Israeli forces likely exploited gaps in the country's coastal radar system during the recent raid carried out in Batroun. The briefing comes as Lebanese officials seek answers on how Israel’s elite Shayetet 13 unit carried out the landing undetected.
Monday, November 4, 2024
Opinion
The Emptying of Baalbek Is a Moment to Take Stock
“Large numbers of people continue to flee their homes every day, as Israel’s military operations in Lebanon have been going on unabated.” These disturbing words could be from almost any news report about Israel’s invasion of its northern neighbour over the past month. However, they can be found in a report by the Norwegian Refugee Council’s Internal Displacement Monitoring Centre issued on July 27, 2006.
Saturday, November 2, 2024
A Future Without Hezbollah
At the end of September, when Israel’s campaign to destroy Hezbollah was reaching its height, I met one of the group’s supporters in a seaside café in western Beirut. He was a middle-aged man with a thin white beard and the spent look of someone who had not slept for days. He was an academic of sorts, not a fighter, but his ties to Hezbollah were deep and long-standing.
Thursday, October 31, 2024
Sports
Tottenham Forward Son Heung-min Crowned Asia’s International Player of the Year
Tottenham forward Son Heung-min was crowned as Asia’s International Player of the Year for the fourth time by the Asian Football Confederation at its annual awards ceremony Tuesday.
Wednesday, October 30, 2024
Real Madrid Launch Investigation into Racist Insults After El Clasico Defeat
Real Madrid has launched an investigation into racist insults directed at players during Saturday’s 4-0 home loss to Barcelona in LaLiga, it said on Sunday.
Monday, October 28, 2024
Thursday 24 February 2022 15:06:00
Global Markets Plunge as Russia Attacks Ukraine
Global markets were rocked on Thursday on the news that Russia has launched an attack on Ukraine, and one that appears to be more widespread that expected.
Multiple explosions across Ukraine were reported by journalists and government officials in at least four cities early Thursday morning local time, undermining Russian President Vladimir Putin’s claim that Russia was launching a military operation that would be limited to the far east of the country.
Oil prices broke above $100 a barrel for the first time since 2014, stock markets slumped and the trouble hit a record low.
Brent crude futures rose more than 8.9% to trade at $105.36 a barrel. U.S. West Texas Intermediate futures, meanwhile, climbed over 8.7% to trade at $100.10. Natural gas prices popped 6.1%. Spot gold, traditionally seen as a safe haven asset, climbed 3.3%, last trading at $1,970.2.
Markets displayed all the predictable reactions. Europe’s, main stock markets opened 2.5%-4% lower and benchmark government bonds, the dollar, Swiss franc, Japanese yen and gold all rallied in a move to safety.
The pan-European Stoxx 600 dropped 3.6% by late morning, with banks plunging 6.6% to lead losses as all sector sand major bourses slid into negative territory.
Futures tied to the S&P 500, Nasdaq-100 and Dow Jones Industrial Average fell between 1.4% and 2.2%. The S&P 500 reached correction territory earlier in the week, and futures are indicating the Dow is on track to do the same.
Cryptocurrencies also fell sharply on Thursday after Russia launched an attack on Ukraine.
Bitcoin was down about 7% at $35,003.81 around 6:10 a.m. ET on Thursday, according to CoinMetrics data. Earlier in the morning, the cryptocurrency dropped more than 8% to touch $34,702.18, marking its lowest level in a month. Ether fell more than 10% to trade around $2,348.03.
Not only Bitcoin, its closest peers also faced the wrath amid a sharp selloff. Ethereum and BNB dropped about 14 per cent each to barely hold the $23,000 and $325 mark, respectively. Other Altcoins including XRP, Cardano, Solana, Terra and Avalanace tumbled up to 17 per cent.
More than $150 billion has been wiped off the entire cryptocurrency market in the last 24 hours, according to Coinmarketcap data.
