Source: Agence France Presse
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
Friday 6 September 2024 10:07:57
Eight OPEC+ Members Extend Oil Supply Cuts Until End Of November
Eight members of the OPEC+ group of oil-producing nations agreed Thursday to extend their voluntary supply cuts until the end of November, postponing a planned output increase amid falling crude prices.
Concerns about slowing demand in China and the United States have weighed on oil prices recently, with benchmark West Texas Intermediate plunging below $70 a barrel for the first time in 13 months.
The eight OPEC+ nations are Saudi Arabia, Russia, Iraq, United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman.
Their voluntary supply cuts of 2.2 million barrels per day (bpd) will be extended "for two months until the end of November 2024", the alliance said in a statement.
The cuts will be "gradually phased out on a monthly basis starting December 1, 2024", the statement said, adding that the agreement provided for "the flexibility to pause or reverse the adjustments as necessary".
At the alliance's last ministerial meeting in June, OPEC and its allies announced that they would gradually start to increase production from October.
"Even if OPEC+ plays it safe, their decision to extend the production cuts to the year end may not suffice" to buttress prices, said Ipek Ozkardeskaya, analyst at Swissquote, as investors are "worried about waning demand prospects on deteriorating global macro setup".
