Reuters
55 article(s) here · 1 carrying a prediction
🔮 Yemen’s Houthis seize port city Mocha, closing in on control of Bab el-Mandeb Strait
Blocking the Bab el-Mandeb Strait would isolate Gulf oil-producing countries from their main shipping routes after Iran closed the Strait of Hormuz
Yemen’s Iran-aligned Houthis seized control of the historic port city of Mocha on Thursday, four Yemeni government military sources said, gaining further leverage over the Bab el-Mandeb Strait, one of the world’s most important shipping routes.
🔮 Chinese President Xi Jinping’s much-anticipated visit to New Delhi this week, his first to India in seven years, should further the diplomatic thaw between the giant neighbours, but there are few signs as yet that their business ties will improve.
🔮 A growing number of banks, including Goldman Sachs, Bank of America and HSBC, have raised their crude price forecasts in recent days.
🔮 The wider war in the Gulf has turned into a test of wills between the US and Iran, with each side hoping that economic pressure from competing blockades will force the other to yield.
🔮 Ecuador recorded 9,216 violent deaths last year, a homicide rate of 51 per 100,000 inhabitants
For one grandmother, it was when bullets began hitting the rooftops of her neighbourhood that she decided she would have to leave the housing development where she had lived for nearly 20 years.
🔮 Thieves stole three paintings from the Renoir Museum on the French Riviera early on Tuesday, the local mayor said.
🔮 Ministerial salaries in Singapore, already among the world’s highest, will go up from 15 October, boosting the prime minister's annual pay by 64 per cent to S$3.6m (£2.1 m) from S$2.2 m (£1.3m).
🔮 British Foreign Minister Ed Miliband on Tuesday said London could no longer simply “call out” injustice and suffering, but told the House of Commons that the country now had to “act” to oppose the expansion of settlements.
🔮 Huawei says the chip’s design allows it to deliver more computing power while using less electricity, helping the company overcome US restrictions on access to advanced technology.
Xiaomi launches a rival foldable phone later on Monday, while Apple unveils its latest iPhone series on Wednesday, with expectations high that it too will be unveiling a foldable phone.
The Mate XT2 features a redesigned folding mechanism, improved water resistance as well as an optional screen that prevents people nearby from seeing what is displayed.
🔮 , the agency’s chief said on Monday.
The US and Saudi Arabia reached an agreement on civil nuclear power cooperation in July that would let Riyadh enrich uranium and build nuclear reactors using US technology.
Non-proliferation groups, such as the Arms Control Association, have criticised the planned “123 agreement” for not including the Additional Protocol, which grants the IAEA extra powers such as the ability to carry out snap inspections at undeclared locations.
Iran implemented the Additional Protocol from 2016 to 2021 under a nuclear deal with major powers that unravelled after the US pulled out in 2018.
IAEA chief Rafael Grossi said that while the Additional Protocol would be the “ideal setup”, Riyadh was preparing to go beyond its core obligations under its Comprehensive Safeguards Agreement governing relations with the IAEA.
“What is important is that in the consultations, in the preparation process, it has been possible to introduce a number of provisions to the bilateral agreement that will give the agency additional verification and monitoring authorisations,” he told a press conference.
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