Author: Steven Sahiounie

The cryptocurrency market has experienced many ups and downs lately, but things are looking positive now. This trend may be attributed to the improving global economy and lower inflation rates.  Bitcoin, one of the most well-known cryptocurrencies, has gained significant traction recently, surpassing the $29,000 mark for the first time since June 2021. This year, BTC, the world’s largest cryptocurrency, has seen an increase of approximately 70%. Meanwhile, Ethereum, the world’s second-largest cryptocurrency, has reached $1,858 levels, its highest since August 2022. Ethereum has risen by over 9.8% this month and nearly 50% this year. Elon Musk’s Twitter Update Sends Dogecoin Soaring…

“Israel” carries out air aggression from the direction of the occupied Syrian Golan, targeting locations in the Syrian capital. Syrian Al Watan newspaper reported that Israeli missiles targeted the southeast of the capital and Damascus International Airport, adding that the air defenses shot down most of them. Two Syrian civilians were killed in the Israeli airstrike Tuesday, state media reported, marking the fourth such attack on areas of the war-torn country in less than a week. “At 00:15 (2115 GMT Monday) the Israeli enemy carried out an air strike… and the attack resulted in the death of two civilians,” state news agency SANA said,…

Credit Suisse Chairman Axel Lehmann on Tuesday told shareholders he was “truly sorry” for the collapse that led to the bank’s controversial takeover by UBS. “It is a sad day for you and for us too. I can understand the bitterness, the anger and the shock of all those who are disappointed, overwhelmed and affected by the developments,” Lehmann said at the bank’s annual meeting, the first time its leaders have addressed the public since the rescue. “I apologize that we were no longer able to stem the loss of trust that had accumulated over the years, and for disappointing you.” A…

Israeli forces Tuesday issued an order to seize lands belonging to Palestinians in the village of Ni’lin, west of the occupied West Bank city of Ramallah. The Anti-Wall and Settlements Commission that the order targets 20 donums of Palestinian-owned lands in favor of expanding a military zone in the area, adding that the order is up until December 27th, 2027. Source: Wafa

The growing influence of technologies connected to the energy transition can be seen everywhere, from the increasingly common sight of electric vehicles on our roads to the development of vast renewable energy projects like the Hornsea 2 offshore wind farm.The shift to a low and zero carbon future will require cutting edge technological innovation alongside huge levels of investment. The importance of the latter was hammered home during a recent panel discussion moderated by CNBC’s Steve Sedgwick. “There’s reason for great encouragement in what we’ve seen … [happening] in the last year,” Mark Dooley, global head of Macquarie Asset Management’s Green…

The move suggests that restoring the pipeline has not been ruled out, sources say wo major German insurance companies have renewed coverage of the damaged Nord Stream 1 gas pipeline, Reuters reported on Tuesday, citing sources. The pipeline, which runs under the Baltic Sea and is capable of carrying 55 billion cubic meters of gas annually, was the main direct route for natural gas deliveries from Russia to Germany before being sabotaged last September. It has been out of commission since then. The renewal of insurance by Allianz and Munich RE means that bringing the pipeline back into service has…

Higher oil prices will challenge regional governments to make “tough decisions” on inflation, said Albert Park, chief economist at the Asian Development Bank. Most Asian economies are importers of oil, like Indonesia and those in central Asia, said Park. As a result, the latest sudden OPEC+ oil production cut could lead to a spike in prices, the economist added. “With the OPEC oil price increase and the expected rising demand coming from China, we could see oil prices go beyond our forecast of $88,” he told CNBC “Squawk Box Asia” on Tuesday. “That would put pressure on the region because higher oil,…

Vyacheslav Volodin blames all the blood spilled on the US and its allies. Russian State Duma Speaker Vyacheslav Volodin said on Tuesday that a terrorist state had been established in Ukraine as a result of US and European support for the Kiev administration. “As a result of a terrorist attack carried out by the criminal Kiev regime, war blogger Vladlen Tatarsky (Maxim Fomin) was killed and many people were injured. Washington’s and Brussels’ support of the Kiev regime has led to the creation of a terrorist state in the center of Europe,” Volodin posted on his Telegram channel. “There is no negotiating…

The stress on the financial sector caused by two bank failures in the United States last month is still a threat and should be addressed by a reimagining of the regulatory process, according to JPMorgan Chase CEO Jamie Dimon. “As I write this letter, the current crisis is not yet over, and even when it is behind us, there will be repercussions from it for years to come,” the longtime CEO said in his annual letter to shareholders on Tuesday.  “But importantly, recent events are nothing like what occurred during the 2008 global financial crisis,” he added. The recent banking issues in…

“Believe me, our military will inform us about everything in due time,” Dmitry Peskov said Russia will have to take countermeasures in respect to Finland’s accession to NATO, Kremlin Spokesman Dmitry Peskov told reporters on Tuesday. “The Kremlin believes that this is yet another escalation and that NATO’s expansion is posing a threat to our security and the interests of the Russian Federation. <…> We will take countermeasures to ensure our own security both tactically and strategically,” Peskov warned as he said Russia would respond as it thinks fit. “Believe me, our military will inform us about everything in due…