Oil firms but still set for weekly loss on demand worries
Oil prices edged higher on Friday but remained on track for their biggest weekly decline since March on concerns over the impact on fuel demand from travel restrictions to curb the spread of the Delta variant of COVID-19.
Oil rises on Mideast tensions but virus concerns weigh
Oil prices rose towards $71 a barrel on Thursday on rising Middle East tensions, while fresh movement restrictions imposed by countries to counter a surge in COVID-19 cases threatened the demand recovery.
Analysis: Delta-spurred curbs cloud European recovery outlook
Rising coronavirus infection rates, driven by the fast-spreading Delta variant, are forcing more countries around Europe to re-impose restrictions that could cast a pall over the region’s economic recovery prospects.
What you need to know about the coronavirus right now
Here’s what you need to know about the coronavirus right now.
End of Netanyahu era could be in the cards in Israeli political drama
Israel was gripped by political drama on Sunday over the possibly imminent end of Prime Minister Benjamin Netanyahu’s record run as the country’s leader.
Death toll rises from air strikes in Gaza and rocket fire on Israel
Israel carried out hundreds of air strikes in Gaza on Wednesday and Palestinian militants fired multiple rocket barrages at Tel Aviv and the southern city of Beersheba in the region’s most intense hostilities in years. At least 49 people have been killed in Gaza since violence escalated on Monday, according to the enclave’s health ministry. […]
Syria says Israeli raids target Mediterranean port region of Latakia
Syrian air defences downed several Israeli missiles during pre-dawn raids on the Mediterranean port city of Latakia, the Syrian army said on Wednesday, a rare attack on the ancestral home region of the Syrian leader and close to a Russian air base. A Syrian army statement said aerial strikes soon after 2am hit several areas […]
Factbox: Some of the world’s worst stampedes
At least 44 people were crushed to death at an overcrowded religious bonfire festival in Israel on Friday, medics said, in what they called a stampede. read more Here is a list of some of the worst stampedes over the last three decades: April 1989: Ninety-six people were killed and at least 200 injured in Britain’s […]
Israel picks Amazon’s AWS, Google for flagship cloud project
Israel’s government chose Amazon Web Services (AWS) (AMZN.O) and Google for a more than $1 billion project to provide cloud services for the country’s public sector and military. Amazon and Google beat out Microsoft (MSFT.O), Oracle (ORCL.N) and IBM (IBM.N) in the tender for the four phase project known as “Nimbus”, the Finance Ministry said on Wednesday. They will establish local cloud […]
Ramadan decorations up in Jerusalem as Palestinians prepare for Muslim holy month
JERUSALEM (Reuters) – Colourful lanterns and ornate Ramadan decorations filled the streets of Jerusalem on Monday as Palestinians prepared for a holy month freer of COVID-19 restrictions than at the height of the pandemic.
