U.S. President Joe Biden is facing calls from both White House lawyers and external attorneys who say it is likely that Israel has violated U.S. and international statutes that reject “disproportionate attacks on civilian populations,” according to Politico.
Nothing to see here. Israel last week rebuffed Washington's call for a thorough and transparent investigation into claims the mass graves were discovered around Nasser Hospital in Gaza’s Khan Younis after a weeks-long offensive at the health facility.
Merger and Acquisition took a break when the Federal Reserve and EU began aggressively raising interest rates from their zero and negative levels back in March and July 2022 respectively.
Profits in China’s industrial sector fell last month on fewer exports and pressures from the country’s ongoing deflationary cycle that did little to spur the consumer economy.
The number of commercial real estate sales in Europe during this year’s first quarter was 26 percent below the same period in 2023, falling to a value of €34.5 billion, the Financial Times reported.
Speculators taking long positions in gold on the Shanghai Futures Exchange—betting gold’s price will rise—have boosted their number of bets by almost 50 percent since September, according to the Financial Times.
Kering, the luxury conglomerate that owns Balenciaga, Brioni, and Gucci fashion brands among others, warned that its profit during this year’s first six months could be as much as 45 percent lower than in the same period last year.
The Japanese yen fell below ¥160 to the dollar on this week’s opening trading day, and South Korea’s won recently dipped below 1,400, falling to its lowest mark in almost two years.
On 29 April, Japan’s yen fell to its lowest value since at least 1990, trading below ¥160 to the dollar, after the country’s central bank left its key interest rates untouched at zero and 0.10 percent. The yen has lost about a third of its value in the past three years.
Copper’s future price briefly topped $10,000 last week for the first time in two years amid fears that demand will once again overcome supplies as manufacturers of clean energy technologies respond to a growing market, Bloomberg reported.