Author: Steven Sahiounie

The cryptocurrency market has been experiencing a choppy session lately, with both Bitcoin and Ethereum struggling to break out of their current price range. Investors and traders are closely monitoring the market for any signs of a potential breakout during the upcoming weekend. Bitcoin (BTC), the world’s largest cryptocurrency, failed to extend its upward rally and lost some ground today, possibly due to ongoing regulatory scrutiny in the cryptocurrency sector.  Evidence of this can be seen in the increasing stringency of US regulators towards companies dealing with cryptocurrency. The SEC has recently issued a warning to one of the companies, Coinbase, stating that they…

Regulators again assured the public that the banking system is safe, as fresh data showed customers recently pulled nearly $100 billion in deposits. Treasury Secretary Janet Yellen, Federal Reserve Chairman Jerome Powell and more than a dozen other officials convened a special closed meeting of the Financial Stability Oversight Council on Friday. A readout from the session indicated that a New York Fed staff member briefed the group on “market developments.” “The Council discussed current conditions in the banking sector and noted that while some institutions have come under stress, the U.S. banking system remains sound and resilient,” the statement…

Deutsche Bank shares slid Friday while the cost of insuring against its default spiked, as the German lender was engulfed by market panic about the stability of the European banking sector. However, many analysts were left scratching their heads as to why the bank, which has posted 10 consecutive quarters of profit and boasts strong capital and solvency positions, had become the next target of a market seemingly in “seek and destroy” mode. The emergency rescue of Credit Suisse by UBS, in the wake of the collapse of U.S.-based Silicon Valley Bank, has triggered contagion concern among investors, which was deepened by further monetary policy tightening from…

The foundation of China’s economic recovery is not solid enough, a senior Communist Party official said on Saturday, warning of possible spillover effects from global economic problems. Some countries have to play a balancing act as they try to stabilize their economies, prices and financial markets, said Han Wenxiu, deputy head of the party’s office for financial and economic affairs, adding that the global economy was at risk of stagflation. Such risks come as many developed countries aggressively tighten their monetary policy causing problems for banks as well as bringing foreign debt woes and financial market turmoil, he said at…

Steven Sahiounie, journalist and political commentator Israel’s far-right Finance Minister Bezalel Smotrich gave a hate speech in Paris that may have begun the destruction of Israel. “There are no Palestinians because there isn’t a Palestinian people,” he said on March 19. He also displayed a map of “Greater Israel” which included Syria and Jordan. Smotrich was born in 1980 in the Golan Heights in Syria but holds Israeli citizenship. His grandfather Yaakov Smotrich immigrated from Ukraine to Palestine before WW2, and Yaakov’s wife Bruria came to Palestine from Europe. Smotrich is a European Jew. The country he lives in today…

According to the Russian Defense Ministry, Krab self-propelled artillery gun was wiped out near Katerinovka in the South Donetsk area by the Lancet loitering munition Russian troops destroyed a Polish-made Krab self-propelled howitzer using the Lancet kamikaze drone in the South Donetsk area, the top brass reported on Saturday. “A Polish-made Krab self-propelled artillery gun was destroyed near Katerinovka in the South Donetsk area by the Lancet loitering munition,” the Russian Defense Ministry wrote on its Telegram channel. “Orlan unmanned aerial vehicles detected and destroyed by gunfire an ammunition depot near Belogorye and a US-made counterbattery radar with a mortar…

Speaker of Russia’s State Duma, Vyacheslav Volodin proposed work toward concluding bilateral agreements with friendly countries under which they should agree to mutually refrain from any cooperation with the ICC Speaker of Russia’s State Duma, or lower parliament house, Vyacheslav Volodin proposed on Saturday drafting amendments banning any activities of the International Criminal Court (ICC) in Russia and envisaging a penalty for any assistance to the organization. “It is necessary to develop amendments banning any ICC activity on our soil and envisage penalties for any assistance or support to the ICC,” Volodin wrote on his Telegram channel. Also, the senior…

US President Joe Biden applauds the wrong country during a parliamentarian address in Canada, leaving many to question his mental competence once again. US President Joe Biden arrived in Canada, on Thursday, as part of the first US presidential visit to the country since 2016. During his Parliament Hill visit in Ottawa, Biden hailed “China” instead of “Canada” in his newest gaffe, as he remarked on a US-Canada deal for diverting asylum seekers as part of a crackdown on the migration surge; a deal which was purportedly reached between the two nations prior to Biden’s formal arrival to Canada. Biden stated…

The Head of Hamas’ media department Ali Al-Amoudi pledges that the Palestinian movement, alongside its fellow resistance groups, will resist Israeli occupation until the complete liberation of the Al-Aqsa Mosque. Addressing a rally in support of Resistance fighters, the Head of Hamas’ media department Ali Al-Amoudi pledged that the Palestinian movement, alongside its fellow resistance groups will resist Israeli occupation until the complete liberation of the Al-Aqsa Mosque. Commenting on the regular illegal Israeli settlers’ raids on the Al-Aqsa Mosque–under the protection of a large number of Israeli Occupation Forces (IOF)– Al-Amoudi declared that the Palestinian holy sites in Al-Quds were the…

The US occupation forces continued to steal Syrian oil from al-Jazeera fields, as on Saturday they transferred dozens of tankers loaded with hundreds of tons of stolen oil, in addition to vehicles carrying military equipment towards their bases in Iraq. ‘A convoy comprising 148 vehicles affiliated to the US occupation, among them 80 tankers for transporting stolen crude oil, and 60 vehicles of refrigerators and trucks, accompanied by eight military armored vehicles, headed from the Syrian territory via the illegitimate al-Walid border crossing to northern Iraq’, local sources from AL-Yarubiya area told SANA. On March 4th, the US forces brought…