Israel Probes Security Lapses Following Fatal Drone Strike in Tel Aviv
Israeli authorities are conducting investigations into the circumstances and potential security lapses that allowed a deadly drone attack in Tel Aviv, which resulted in one fatality and injuries to at least ten others. The assault, which occurred on Friday, was claimed by Yemen’s Houthi rebels. They described the attack as retaliation for Israel’s military actions […]
Tech Outage Subsides Globally, Shifts Attention to Associated Risks
Services ranging from airlines to healthcare, and finance were progressively restored on Friday after a widespread digital outage caused by a software glitch at cybersecurity firm CrowdStrike. The outage, which affected computer systems globally, underscored the vulnerabilities that have emerged as the world increasingly relies on interconnected technologies, a trend accelerated by the COVID-19 pandemic. […]
Security Tightens in Paris After Police Officer Attacked Ahead of Olympics
On Thursday evening, a police officer was assaulted and injured in the eighth arrondissement of Paris, intensifying security concerns as France prepares for the 2024 Olympics. French Interior Minister Gérald Darmanin reported via a post on X that the officer was responding to a call to assist colleagues who were securing a local store at […]
Wall St Slumps Further After Tech Glitch, S&P 500 and Nasdaq on Track for Weekly Losses
U.S. stock markets experienced a third consecutive day of losses on Friday as a global technical outage from a software glitch at cybersecurity firm Crowdstrike disrupted key services across multiple sectors including airlines, banking, and healthcare. This incident, which caused Microsoft Windows systems to crash, has injected further uncertainty into a market already on edge. […]
Oil and Gas Remain Integral to Energy Sector
Recent trends indicate that the energy transition may be slowing down. Despite global efforts, electric vehicle (EV) sales are decelerating, and the growth in wind and solar capacities is lagging behind targets, resulting in rising electricity costs rather than the anticipated decreases. According to BP’s latest energy outlook, despite the global push to move away […]
Japan’s Economic Strength Leads to Weakening Yen
You don’t need to be a financial expert to see what’s happening with the yen. Recent sharp rises on July 11th, 12th, and 17th suggest that the Bank of Japan (BOJ) might be intervening in the currency markets. These interventions, which have pushed the yen to ¥156 against the dollar, mark a 4% increase and […]
Democrats Urge Biden to Quit Race, Yet He Pledges to Continue Campaign
President Joe Biden has declared his intention to continue his reelection campaign, despite increasing calls from fellow Democrats in Congress to withdraw, as concerns mount that his candidacy could negatively impact the party in the upcoming November 5 election. Following a challenging debate in June with Donald Trump, more than 10% of congressional Democrats have […]
Venezuelan Election System Intended to Confuse, Claims Opposition
Organizational tactics by Venezuela’s electoral authorities are allegedly aimed at confusing voters and hindering a fair presidential election set for July 28, according to opposition leaders and experts. President Nicolas Maduro, who is running for a third term and trails opposition candidate Edmundo Gonzalez, a former ambassador, by 20 points in polls, claims Venezuela’s electoral […]
US Journalist Gershkovich Sentenced to 16 Years by Russian Court in “Sham” Espionage Case
On Friday, a Russian court convicted U.S. journalist Evan Gershkovich of espionage, sentencing him to 16 years in a high-security penal colony. His employer, the Wall Street Journal, denounced the verdict as a “disgraceful sham conviction.” Gershkovich, aged 32, maintained his innocence throughout the trial in Yekaterinburg, where he faced charges of attempting to collect […]