Author: Steven Sahiounie

Israel destroyed an Iranian-made Matla-ul-fajr radar during a recent attack on Syria, the Israeli Alma education and research center reported on March 23. The radar was deployed at al-Dabaa Air Base near the key town of al-Qusayr in the southern countryside of Homs. The air base, which is located a few kilometers away from the border line with Lebanon, is known to be a deployment center for Hezbollah. According to Israeli Alma that radar was destroyed during an Israeli attack on al-Dabaa Air Base that took place on December 18 of last year. “It is highly likely that other such systems are…

The Shiba Inu price has dropped by 0.8% in the past 24 hours, with the meme token doing well to recover from a market correction that shaved as much as 5% off its price. At $0.00001082, SHIB is now 4% up in the past week, despite being down by 20% in the last 30 days, with the market continuing to face a series of shocks in recent weeks. The most recent of these is the news that the SEC is likely to take legal action against Coinbase, although the exchange has already stated that it will stand its ground if necessary.…

Bitcoin, the world’s largest cryptocurrency, along with Ethereum, lost some of its value and dropped below $28k and $1,800 levels respectively. However, the reason could be linked to the release of a dovish statement from the US Federal Reserve regarding interest rates. The Fed raised rates as predicted, but suggested a possible halt in its rate rise cycle in the wake of a financial collapse. But, at the same time, the central bank reaffirmed its commitment to lowering inflation, expecting at least one more rise this year and stating that it has no intention of decreasing interest rates this year. This generated some…

LondonCNN — Accenture plans to slash 19,000 jobs worldwide as it attempts to cut costs amid a gloomy economic picture. The Irish-American professional services company said in a Thursday filing that it would spend $1.2 billion in severance to cut 2.5% of its workforce over the next 18 months, and another $300 million by consolidating its office space. More than half of the axed roles would affect its back-office staff, the company said. Accenture (ACN), which has 738,000 employees globally, said in its latest quarterly report to the Securities and Exchange Commission that it continues to hire, but had “initiated actions to streamline [its] operations and…

Steven Sahiounie, journalist and political commentator The 20th anniversary of the US attack on Iraq for regime change coincides with the 12th anniversary of the US attack on Syria for regime change. March 2003 and March 2011 have a great deal in common, but that is not where the story begins. The destruction of two nations, sitting side by side in the Middle East, began in 1996 with the strategy paper called “A Clean Break”, written by the man known as “The Architect of the Iraq War”. “A Clean Break” was authored in part by Richard T. Perle, an American…

LondonCNN —  The Bank of England hiked interest rates by a quarter of a percentage point Thursday, extending its long-running fight to rein in prices after a surprise increase in inflation in February. The central bank’s 11th consecutive rate hike takes benchmark borrowing costs to 4.25%, the highest since October 2008. Like other major central banks, it has pushed ahead with raising rates despite recent turmoil in the banking sector. The Bank of England said in a statement that since its last meeting in February, inflation “had surprised significantly on the upside and the near-term path of GDP was likely to be somewhat stronger than expected previously.” Employment growth had also been…

Washington, DC CNN — New home sales rose in February, climbing for the third month in a row as mortgage rates eased off their highs of the past year and buyers looked to new construction amid historically low inventory of existing homes for sale. Sales of newly constructed homes were up 1.1% in February from January, but fell 19% from a year ago, according to a joint report from the US Department of Housing and Urban Development and the US Census Bureau. February’s month-over-month gain is further evidence that the housing market may be stabilizing. Sales of new single‐family houses were at…

While floor prices of the NFTs have surged since March 17, the Polymarket prediction contracts relating to the former U.S. President’s indictment have become some of the most actively traded on the platform. A set of non-fungible tokens (NFTs) related to former U.S. President Donald Trump have jumped over 30% in ether-denominated value over the past week amid a possible indictment and arrest of the former president. At the time of writing, the Polygon-based Trump Digital Trading Cards were selling for over 0.59 ether (ETH), rising from last week’s 0.33 ETH level. Over 735 Trump NFTs have been sold in…

The latest price moves in crypto markets in context for March 23, 2023. Top Stories The U.S. Securities and Exchange Commission issued a Wells notice to crypto exchange Coinbase (COIN), a step that may lead to the SEC suing Coinbase or taking other enforcement actions against it.Coinbase said the SEC alleged the U.S.-based company may be operating in violation of securities laws in the running of its exchange and providing staking services. Coinbase now has an opportunity to respond to the SEC and possibly reach a settlement with the agency. The SEC sued Justin Sun, founder of the Tron blockchain, on Wednesday on allegations that his…

Omani Minister of Economy Said bin Muhammad al Saqri, discussed with Syria’s Ambassador in Muscat, Idris Maya, the preparations for holding the 6th session of the Joint Governmental Committee between the two countries and means of enhancing prospects of bilateral economic cooperation. The Omani Minister stressed the Syrian-Omani firm and deep-rooted relations, stressing the importance of upgrading them in all domains, particularly in the economic field. Al-Saqri indicated the importance of holding the 6th session of the for the Joint Governmental Committee and the need of turning all the plans and agreements into executive work programs that serve the interests of the two…