Day News Recap: Middle East tensions flare as Ukraine, Europe and markets react
Iran widened pressure on shipping by striking two commercial tankers outside the Strait of Hormuz within 24 hours, while a separate tanker was hit by multiple projectiles off the north coast of Qatar, deepening fears over Gulf trade routes. 🔗 🔗Those attacks fed a broader surge in Middle East risk, with oil and stocks swinging on renewed fears of supply disruption, and the G7 agreeing to release 100 million barrels of oil and diesel from emergency stockpiles over four months to cushion shortages. 🔗 🔗In Yemen and Saudi Arabia, the conflict escalated further as Riyadh said Houthi attacks on two... [Continue Reading]
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Breakfast News Recap: Middle East tensions flare as Israel marks 7 October anniversary and oil jumps
Oil prices and global stocks swung as traders reacted to renewed fears of disruption to Middle East supply routes, with crude rising on reports that Iran appeared to be preparing a response and investors watching the risk to shipping and energy flows. 🔗Security concerns widened after UKMTO said a tanker sailing off the north coast of Qatar was struck by multiple projectiles, adding to worries over maritime traffic in the Gulf. 🔗In the region’s wider conflict, Saudi Arabia said Houthi attacks on two airports killed three civilians, including three foreign nationals, and injured 36 people over two days, while Yemeni... [Continue Reading]
Merz vows to fight extremism after AfD and Left Party election gains in Germany
Chancellor Friedrich Merz has responded to a set of local election gains by the far-right Alternative for Germany and the far-left Left Party, saying political extremism is making its way into Germany's parliaments. He made the remarks at an event in Berlin on Wednesday, a day after a member of the Alternative for Germany was elected president of the state parliament in Saxony-Anhalt. He also pointed to the Left Party's victory in Berlin's state election on Sunday as part of the same political warning.Merz said the issue was a task for society as a whole and said he intended to... [Continue Reading]
AfD secures deputy speaker post in Saxony-Anhalt after historic parliament vote
Hans-Thomas Tillschneider, a member of the Alternative for Germany's more hardline wing, has been elected deputy speaker of the Saxony-Anhalt state parliament. The vote came after Tobias Rausch was chosen as speaker in Magdeburg, giving the party two senior posts in the chamber on the same day. The result adds to a breakthrough that has already been described as the first time a far-right party has secured the speaker's role in a regional parliament in Germany since World War Two.Tillschneider won 44 votes, although it was not immediately clear who backed him. The BSW, a small left-wing party that has... [Continue Reading]
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