Author: Steven Sahiounie

Almost half of the 4,800 banks in the US are nearly insolvent, as they have burned through their capital buffers, The Telegraph reported earlier this week, citing a group of banking experts. According to Professor Amit Seru, a banking expert at Stanford University, around half of US lenders are underwater. “Let’s not pretend that this is just about Silicon Valley Bank and First Republic,” he said. “A lot of the US banking system is potentially insolvent.” Last week, First Republic was seized by US financial regulators and acquired by JPMorgan, the country’s biggest bank. The San Francisco-based lender had previously received a…

As part of his two-day visit, the Iranian President meets with a delegation of Palestinian Resistance factions. Iranian President Ebrahim Raisi on Thursday met in Damascus with a delegation of Palestinian Resistance leaders at the presidential palace in Syria, in the presence of Iranian Foreign Minister Hossein Amir-Abdollahian. During his speech at the shrine of Sayyida Zainab, Raisi pointed out that “Palestine was steadfast in its resistance against the Zionist regime completely changing the situation,” stressing that “the reigns today are in the hands of the mujahideen who aspire to liberate Al-Quds.” On Wednesday, the Iranian President arrived in Damascus on Wednesday…

The Armenian PM made the statement in a speech at the Prague Center for Transatlantic Relations Armenian Prime Minister Nikol Pashinyan on Thursday said in televised remarks that he plans to travel to Moscow next week. He made the statement in a speech at the Prague Center for Transatlantic Relations, which was broadcast by Armenian news websites. “The situation [in Ukraine] is completely unpredictable. There’s no analytical or political studies organization that can predict what will happen a month from now. I can firmly tell you just one thing: I’m heading to Moscow next week,” he said, when asked about…

Roughly 200,000 Syrians were nationalized in Turkey, according to AKP MP Hamdi Chamli. In an exclusive interview with Al-Mayadeen, Ahmed Hamdi Chamli an MP of the Turkish Justice and Development Party described the anticipated elections as the most important in the history of the republic: noting that the outcome will be fateful for Turkey. Chamli also accused the incumbent US president, Joe Biden of providing support for Erdogan’s opponents. Furthermore, based on his fieldwork, Chamli claimed that votes in favor of the AKP party have been assessed to be increasing despite smear campaigns leveled against them by the Republican People’s Party: saying…

France’s Interior Minister Gerald Darmanin draws parallels between Meloni and French far-right leader Marine Le Pen. France’s Interior Minister Gerald Darmanin said, on Thursday, that Italy’s Prime Minister Giorgia Meloni “is incapable of resolving the migration problems” faced by her country, risking a new debacle between Paris and Rome. During a radio interview in Paris, Gerald Darmanin said Italy faced a “very serious migration crisis,” and he drew parallels between Meloni and French far-right leader Marine Le Pen. “Madame Meloni, a far-right government chosen by friends of Mme Marine Le Pen, is incapable of resolving the migration problems on the back of which she…

John Kirby said that Washington was still assessing the situation The US has nothing to do with the recent drone attack on the Kremlin, US National Security Council Coordinator for Strategic Communications John Kirby said on MSNBC television on Thursday. “We still don’t really know what happened,” he said, adding that Washington is still assessing the situation. Kirby said he had seen comments by Kremlin Spokesman Dmitry Peskov on Thursday, which stated Washington was involved in the incident. “I can assure you that there was no involvement by the United States in this. Whatever it was did not involve us,” he said.…

The Russian side has previously repeatedly pointed out that the the Kiev regime would soon face a tribunal and its methods would be recognized in the future as extremist and terrorist Ukrainian President Vladimir Zelensky has urged to create an international tribunal against Russia. “The aggressor must feel the full power of justice. This is our historical responsibility. <…> Only one institution is capable of responding to the original crime, the crime of aggression: a tribunal,” Zelensky told the International Criminal Court (ICC) on Thursday during his visit to The Hague. The Russian side has previously repeatedly pointed out that…

In the early morning hours of Wednesday, Ukraine attempted to deliver a drone strike on the official Kremlin residence of Russian President Vladimir Putin The United States, Great Britain and other NATO countries bear overall responsibility for all of the actions of the Kiev regime, Russian Foreign Ministry Spokeswoman Maria Zakharova wrote on her Telegram channel on Thursday. “First and foremost, the creators and handlers of the Kiev regime, who hail from Washington, London and NATO, bear overall responsibility for everything that it [Kiev] is perpetrating,” she noted. The diplomat stressed that Western countries have “eliminated Ukraine’s legitimate authorities, placed…

The Palestinian Ministry of Health confirms the martyrdom of Eman Ziyad Odeh (26 years old) as a result of a bullet wound to the chest fired by Israeli occupation forces. Israeli occupation forces shot and killed on Thursday a Palestinian woman in Huwara, south of Nablus, following an alleged stabbing operation. The Palestinian Ministry of Health reported that Eman Ziyad Odeh (26 years old) was killed as a result of a bullet wound to the chest fired by Israeli occupation forces. The Palestinian Red Crescent reported that Israeli occupation forces opened fire at Odeh near the Einabus roundabout and prevented…

Dozens of fanatic Israeli settlers Thursday morning broke into the compounds of al-Aqsa Mosque under heavy protection from the Israeli police. The Waqf said that settlers, divded into groups, raided the holy Islamic Mosque from al-Maghariba gate and took provocative tours in its compounds. It added that the extremist settlers performed Talmudic rituals in the eastern part of the Mosque. This comes at a time as Israeli forces intensify measures against Palestinians coming from Jerusalem to enter the Mosque, inspecting their IDs and briefly detaining them. Source: Wafa