Source: MarketWatch
Security & Justice
UNIFIL Presses for Implementation of UNSC Resolution 1701
UNIFIL (United Nations Interim Force in Lebanon) has released a press statement outlining recent developments regarding the implementation of UN Security Council resolution 1701, following an understanding between Israel and Lebanon.
Thursday, December 26, 2024
Israeli Strikes Deeper into Lebanon for 1st Time Since Cease-Fire
The Israeli army launched an airstrike in the Bekaa region in eastern Lebanon on Wednesday, the first such attack since a cease-fire agreement last month, Lebanese media said.
Wednesday, December 25, 2024
Opinion
Are Syria’s New Authorities Against the Iranian Axis?
Everyone is searching for clues about the possible foreign policy of the new Damascus regime, especially concerning Iran. If it turns out to be against Iran, this would be a significant development and could potentially change the face of the region.
Friday, December 20, 2024
Strong Rebound on Markets for Lebanon Eurobonds
TRADERS IN THE LOCAL MARKET HAVE CONFIRMED THAT THE LEBANESE POUND IS GAINING GROUND ON THE DEMAND CURVE AS LEBANON EUROBONDS ARE WITNESSING A GROWTH CURVE
Thursday, December 19, 2024
Sports
Ronaldo to Run for Brazil Federation Presidency
Brazil legend Ronaldo has announced he will run for the presidency of the country's football association and wants to "recover the prestige" of the national team.
Tuesday, December 17, 2024
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
Wednesday 6 December 2023 15:45:33
Saudi Arabia Cuts Oil Prices Despite Output Curbs
Saudi Arabia cut the price for its flagship Arab Light crude to Asian customers despite extending voluntary output cuts amid concerns around an oversupplied market.
State-owned oil giant Saudi Arabian Oil Co., known as Saudi Aramco, lowered its January official selling price for Arab Light to Asia by $0.50 to $3.50 a barrel over the Oman/Dubai average. The price is considered a barometer for how the kingdom sees the demand outlook.
Aramco also cut its January official selling price for Arab Light for northwest Europe by $2 to $2.90 a barrel versus ICE Brent and for North America by $0.30 to $7.15 a barrel versus ASCI.
Last week, Saudi Arabia said it would extend its voluntary curbs of 1 million barrels of oil a day as part of a deal that the Organization of the Petroleum Exporting Countries and its allies reached on additional cuts for next year.