Author: Steven Sahiounie

Al-Aqsa Martyrs Brigades target an illegal settlement with heavy gunfire. Al-Aqsa Martyrs Brigades – Beit Ummar Rapid Response Group in occupied Al-Khalil – confirmed that it targeted the “Karmei Tzur” illegal settlement with heavy gunfire, adding that its Resistance fighters safely withdrew from the scene. On Thursday evening, the Israeli Channel 12 reported that Israeli occupation forces arrested a 29-year-old Palestinian youth from Ramallah, under the pretext of attempting to carry out a shooting operation in occupied Al-Quds with an M16 weapon. Earlier today, a 14-year-old Palestinian child was wounded in the foot and shoulder by Israeli occupation gunfire in the Aida…

It is reported that after visiting the Arab League summit, the Ukrainian president will be arriving in Hiroshima to partake in the G7 summit via a US military aircraft. Reuters reported on Friday that Ukrainian President Volodymyr Zelensky is on his way aboard a French plane to attend the Arab League summit in Saudi Arabia after an invitation from the host. The summit is scheduled to be held in Jeddah on Friday, where Saudi Crown Prince Mohammed bin Salman is reportedly expected to discuss with Zelenksy the Ukrainian conflict and means to end the war, mainly through dialogue between Moscow and Kiev. Riyadh…

After more than a year of warnings, Bank of England Governor Andrew Bailey says the U.K. is now experiencing a wage-price spiral despite 12 consecutive central bank interest rate hikes. “Some of the strength in core inflation [in the U.K.] reflects the indirect effects of higher energy prices,” Bailey said in a Wednesday speech. “But it also reflects second-round effects as the external shocks we have seen interact with the state of the domestic economy.” “As headline inflation falls, these second-round effects are unlikely to go away as quickly as they appeared.” These areas of persistence, he continued, include domestic wage…

Russia’s second-largest bank opened a representative office in Iran to facilitate inter-bank communications between the neighboring countries. Moscow and Iran are moving forward with their mutual goal to end US hegemony over financial transactions and the international monetary systems, the latest step of which saw the opening of the first representative office of a Russian bank in Iran. The International Trade Bank – VTB Bank – is Russia’s second-largest bank and is co-owned between the private and public sectors, but with majority shares held by the state, The new step will further develop interbank communications between the Western-sanctioned neighboring countries.…

The ethereum (ETH) balance held by exchanges has declined to a new five-year low of 17,945,575.311 ETH. The number of ETH wallet addresses holding 100+ coins has also reached a six-month low of 46,858, data shows. Despite the current correction being witnessed by bitcoin (BTC) and other cryptocurrencies, the latest on-chain data released by blockchain analytics company, Glassnode, shows that investors remain quite bullish on Vitalik Buterin’s ethereum (ETH). Per the researchers, ETH balance on exchanges has hit a new 5-year low of 17,945,575.311. While the exact cause of this decline may be unknown, several factors could be responsible. The…

Bitcoin, the leading cryptocurrency, is facing difficulties in surpassing the significant resistance level at $27,500. Despite recent bullish momentum, Bitcoin’s upward movement has been impeded by the persistent downward trendline. The market sentiment remains cautious as traders closely monitor Bitcoin’s performance, waiting for a decisive breakthrough or a potential retracement. The next price movements will likely be influenced by the ability of Bitcoin to overcome these obstacles and establish a new direction. Tether Allocates Millions to Bitcoin as Part of its Reserves Diversification Plan On Wednesday, Tether, the organization behind USDT, the largest stablecoin by total market cap, announced its intention to acquire…

Asia-Pacific markets rose on hopes of U.S President Joe Biden and congressional leaders inching closer to a deal to raise the U.S. debt ceiling and avoid a default. House Speaker Kevin McCarthy said that a “better process” is now in place for further talks, saying it’s “possible to get a deal by the end of the week.” Biden shortened his trip to Asia to focus on the negotiations, the White House said. In Japan, the Nikkei 225 rose 1.6%, leading gains in the region and closing at 30,573.93 and the Topix was up 1.14% to close at 2,157.85 as investors further digested Japan’s trade data for April…

Dmitry Peskov also stressed that, “it is very important to understand that the fate of the deal is still in the hands of those with whom the UN should agree on the Russian part of the deal” The Russian side has extended the Black Sea grain deal for another two months, Kremlin Spokesman Dmitry Peskov told reporters on Thursday. “We can confirm that the Russian side has also decided to extend the so-called Black Sea [grain] deal for a period of two months,” Peskov said. He added that, “there is a relative result in the negotiations with the participation of…

Egyptian President Abdel Fattah el-Sisi, Palestinian President Mahmoud Abbas and Lebanese Caretaker Prime Minister Najib Mikati arrived in Jeddah to participate in the 32nd session of the Arab League Council meeting at the summit level. SANA correspondents noted that an intense organizing movement is taking place in Jeddah city, starting from decorating the roads with the flags of the Arab countries participating in the work of the Summit, to taking strict security measures appropriate for this important event, in addition to preparing all technical and logistical matters for the Summit venue and its media center. According to initial information, about…

Ground Forces Commander-in-Chief Oleg Salyukov reported to the defense minister that the troops were being trained at practice ranges under the direction of officers with combat experience gained in the special military operation in Ukraine Russian Defense Minister Sergey Shoigu inspected the contract-enlisted personnel’s combat training at practice ranges of the Western Military District, the Defense Ministry reported on Thursday. “Russian Defense Minister Army General Sergey Shoigu inspected the combat training of the contract-enlisted personnel at practice ranges of the Western Military District,” the ministry said. Ground Forces Commander-in-Chief Oleg Salyukov reported to the defense minister that the troops were…