A Russian missile strike on the eastern Ukrainian city of Balakliia killed three people, with three teenagers among the 10 wounded, Kharkiv regional officials said on Monday. The overnight attack damaged multi-storey residence blocks and destroyed scores of cars in the city centre, Oleh Synehubov, the governor of the region bordering Russia, said on the Telegram messaging app. A photograph provided by regional authorities showed the damaged facade of a multi-storey brick building with windows blown out, as flames burned on an upper floor and debris and broken tree branches littered the...
OPEC on Tuesday raised its forecast for global oil demand next year and trimmed its forecast for growth in supply from the United States and other producers outside the wider OPEC+ group, pointing to a tighter market outlook. World oil demand will rise by 1.38 million barrels per day in 2026, the Organization of the Petroleum Exporting Countries said in a monthly report, up 100,000 bpd from the previous forecast. This year's expectation was left unchanged. Oil supply from countries outside the Declaration of Cooperation - the formal name for OPEC+ - will rise by about 630,000 barrels per...
US President Donald Trump, in his speech on Monday night (August 11th), expressed his determination to "liberate" Washington, D.C., from crime, violence, and social problems that he said had been neglected for too long. Trump said he would deploy federal troops to restore security and order to the capital, while ensuring the city is once again safe and orderly for its citizens. In his speech, Trump also highlighted the growing problem of homelessness in the downtown area. He plans to relocate the homeless to alternative housing outside the core area of Washington, D.C., citing cleanliness,...
U.S. President Donald Trump announced Monday evening on Truth Social that Israel and Iran have agreed to a "Complete and Total CEASEFIRE" following what he referred to as "THE 12 DAY WAR." According to Trump's post, the ceasefire will begin approximately six hours after his announcement, when both nations have "wound down and completed their in progress, final missions." The agreement stipulates a 12-hour initial ceasefire period initiated by Iran, followed by Israel joining the ceasefire at the 12th hour. Trump stated that upon the 24th hour, there will be an "Official END" to the...
U.S. President Donald Trump on Monday said Iran gave the United States notice prior to shooting missiles at its military base in Qatar, which he said made it possible for no lives to be lost. "I am pleased to report that NO Americans were harmed, and hardly any damage was done. Most importantly, they've gotten it all out of their 'system,' and there will, hopefully, be no further HATE," Trump wrote in a post on Truth Social. "Perhaps Iran can now proceed to Peace and Harmony (JO:HARJ) in the Region, and I will enthusiastically encourage Israel to do the same," Trump added Iranian leader...
U.S. President Donald Trump announced Monday evening on Truth Social that Israel and Iran have agreed to a "Complete and Total CEASEFIRE" following what he referred to as "THE 12 DAY...
Gold moved above $2600 on Monday during the Asian trading session. Currently, Gold is still struggling to capitalize on last week's modest recovery from a one-month low and is fluctuating.
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