Teresa Ribera, the European Commission’s executive vice president, also said Europe was too divided to do anything about the starvation, displacement and killing of Palestinians.
“The genocide in Gaza exposes Europe’s failure to act and speak with one voice, even as protests spread across European cities and 14 U.N. Security Council members call for an immediate ceasefire,” Ribera told students at Sciences Po in a speech Thursday morning.
“What we’re now witnessing in Gaza is perhaps one of the darkest episodes of international relations in the 21st century, and in this regard what I have to say is that Spain has been very vocal within the EU and also within the international community,” he said. “Within the EU, what we have done so far is advocate to suspend the strategic partnership that the EU has with Israel.”
In a letter to a lawmaker published by the central bank, Governor Gabriel Makhlouf said the approval for Israel‘s programme would be transferred to Luxembourg upon the expiry of the prior year‘s prospectus on Monday.
The new prospectus published on the website of Israel Bonds, the country‘s borrowing vehicle for diaspora bonds, said its programme for the next year had been approved by Luxembourg.
“The Central Bank’s approval of the 2024 prospectus will expire today, 1 September 2025. Accordingly, from 2 September 2025, it will not be possible for the state of Israel to offer bonds under the 2024 prospectus,” he said, referring to an Israeli bond prospectus issued on in September 2024
“In accordance with the provisions of the prospectus regulation concerning home member states and the transfer of approval (Article 20(8)), the competent authority of Luxembourg approved a new prospectus for the state of Israel today, 1 September 2025 (the 2025 prospectus).
In fact, high-profile investors and business leaders in the Big Apple are up in arms about the stunning win by the democratic socialist in the primary to win the Democratic nomination to serve as the next New York City mayor. The three-term Assemblymember’s potential victory in the November general election could bring what the Street hates most — tax hikes and tighter regulation threatening corporate and investment interests.
US stocks surged on Monday after President Donald Trump’s top trade officials brokered a surprisingly dramatic de-escalation in trade tensions with China over the weekend, dropping tariffs to much lower levels, which some economists say could stave off a US recession.
Dow futures rose more than 1,000 points, or 2.6%. S&P 500 futures were 3% higher, and Nasdaq futures gained 3.9%.
Most modern domestically developed Chinese platforms have not yet been battle-tested, said Eric Zhu, a defence analyst at Bloomberg Intelligence. “So having the combat record is a plus for their export potential.”
While Indian sources have disputed some aspects of these claims, the market response was immediately felt. Dassault Aviation, which had seen a rise in stock value due to strong Rafale sales, witnessed a minor drop. On the other hand, reports of shares of Chengdu Aircraft Corporation, the producer of Pakistan’s J-10C and JF-17 jets, surged.
The initial market reaction suggested that the scale of the tariffs had come as a surprise to investors around the world.
Stock markets across Asia-Pacific and Europe fell Thursday and US markets were also set to open lower after US President Donald Trump imposed tariffs on trading partners around the world, with many Asian countries taking the biggest hits.
Anleger goutieren, dass es nach dem Wahlsonntag nun für eine Koalition der CDU/CSU mit der SPD reicht, nachdem es in der Vorwoche noch nach unklaren Mehrheiten oder gar einem nötigen Dreierbündnis ausgesehen hatte.
U.S. crude oil prices rose more than 4% on Thursday, on pace for a third consecutive session of gains on fears that Israel could strike Iran‘s oil industry in retaliation for Tehran‘s ballistic missile attack this week.
The president was asked about a potential strike on the oil infrastructure of Iran, which accounts for about 2 percent of the world’s supply.
(02.04.2024)
With the onslaught of new wars, Congress added $70 billion over the last two years to an already bloated Pentagon budget, much of which is funneled directly into the coffers of defense contractors like Palatir, Lockheed Martin, and Northrop Grumman. The stock values in these companies have since experienced double-digit growth – a lucrative business opportunity not overlooked by lawmakers calling the shots.
At least 25 members of Congress sitting on national security committees have simultaneously purchased stock in these very same companies. The majority of these members sit on the Senate and House Armed Services committees, the entities responsible for overseeing the Defense Department budget and contracts.
(02.11.2023)
Since the October 7 attack by Hamas on Israel, in which more than 1,400 Israelis were killed, shares of Boeing Co, Lockheed Martin, Northrop Grumman, and Raytheon Technologies (RTX) have all increased in value, collectively adding roughly $23 billion in market capitalization.
In the weeks preceding the attack, Markwayne Mullin, Kevin Hern, Bill Keating, and Josh Gottheimer purchased shares of those defense companies.
The blue-chip Dow was lower by 519 points, or 1.3%. The S&P 500 lost 1.1% and the Nasdaq Composite fell by 1%.
(18.10.2023)
When war breaks out, defense companies tend to make money. That means aerospace and defense stocks tend to rise during geopolitical unrest.
Beyond material progress and architectural marvels that rival ancient wonders, a truly progressive state is marked by its commitment to accountability and justice – a domain where some established democracies have faltered.
After enduring a harrowing 85 days of bombardment resulting in nearly 22,000 killed, including more than 8,000 children and 6,000 women, 1.9 million displaced and the collapse of the health infrastructure, South Africa, a signatory of the Genocide Convention has finally called upon the International Court of Justice (ICJ) to examine the crisis.
This long-awaited step reflects a crucial recognition of the international community‘s role in conflict resolution and human rights protection.
(22.11.2023)
Argentina‘s stock market reacted with optimism Tuesday to the resounding election win by libertarian Javier Milei, despite the country being gripped by uncertainty over what changes the self-described ‚anarcho-capitalist‘ will bring.
At 0811 GMT, shares in Eramet slumped 19% to EUR61.65.
The company said all operations have stopped and rail traffic has been suspended in the West African country, and that it has begun procedures to ensure the safety of staff and facilities of its two subsidiaries there, Comilog and Setrag.
The former operates the Moanda manganese mine–the world‘s largest–and Setrag is a rail transport company.
Gabon’s dollar bonds due June 2025 and November 2031 were the worst-performing in emerging markets on Wednesday. The 2025 notes fell 8.55 cents to 84.74 cents on the dollar as of 11:48 a.m. in London. Shares in French mining group Eramet SA, oil and gas producer Maurel & Prom SA and a listed unit of TotalEnergies SE, which all have operations in Gabon, sank in Paris trading.
(February 23, 2023)
BAE, whose biggest customers are the United States, Britain, Saudi Arabia and Australia, forecast earnings per share (EPS) would rise 5% to 7% this year, after it posted a 9.5% rise in underlying EPS for 2022 on Thursday, beating forecasts on strong performances from its maritime and cyber units.
(August 25, 2023)
Powell, in a speech at an economic summit in Jackson Hole, Wyoming, said policymakers would „proceed carefully as we decide whether to tighten further,“ but also made clear that the central bank has not yet concluded that its benchmark interest rate is high enough to be sure that inflation returns to the 2% target.
(August 3, 2023)
Oil prices gained about 2% on Thursday as Saudi Arabia and Russia took steps to keep supplies tight into September and possibly beyond.
According to a quarterly report by the Bank on its asset purchase facility – the vehicle it uses to hoover up UK debt on financial markets – losses from bond purchases are poised to balloon by the early 2030s.
After the 2008 financial crisis, the Bank of England started purchasing UK government and corporate debt from financial institutions in an effort to stimulate the economy by pushing down yields.
(25.07.2023)
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New excise and value-added taxes are among the proposals that will be included in a supplementary budget to be tabled in parliament for approval, according to a report published on International Monetary Fund’s website following a review of the East African nation’s finances.
(17.07.2023)
IMF Deputy Managing Directory Antoinette Sayeh said Monday‘s actions would allow Kenyan authorities to continue to address such challenges, sustain market confidence, promote growth, and advance ongoing reforms.
She said approval of Kenya‘s fiscal 2023-2024 budget and the 2023 Finance Act were „crucial steps“ needed to support ongoing consolidation efforts and reduce debt vulnerabilities while protecting social and development expenditures.
Was ist passiert?
Am Wochenende vom 18./19. März 2023 beschloss der Bundesrat, gemeinsam mit der FINMA, der Nationalbank und den Entscheidungsträgern der Banken Credit Suisse und UBS die Fusion der beiden Grossbanken.
Dabei wendete der Bundesrat Notrecht an um diverse gesetzliche Vorgaben, die bei einer Transaktion wie der vorliegenden allenfalls zu beachten wären (sei es u.a. aus dem Fusionsgesetz, Obligationenrecht, Bankengesetz oder dem Wettbewerbsrecht) via «Notverordnung» ausser Kraft zu setzen.
(May 1, 2023)
The government’s takeover and sale of First Republic comes roughly eight weeks after the government took control of Silicon Valley Bank and Signature Bank, whose failures sent a shock wave through the industry and raised fears that other regional banks were at risk of similar runs on deposits.
(April 29, 2023)
Separately, the Wall Street Journal reported on Friday that JPMorgan and PNC are vying to buy First Republic following its seizure by the government, which could come as soon as this weekend.
If the San Francisco-based lender falls into receivership, it would be the third U.S. bank to collapse since March. First Republic said this week its deposits had slumped by more than $100 billion in the first quarter.
(April 4, 2023)
The insider sales went largely unnoticed because Signature Bank, unlike most other S&P 500 companies, filed documents with the Federal Deposit Insurance Corporation instead of the Securities and Exchange Commission. (…)
The bank collapsed and was taken over by federal regulators last month, in the wake of Silicon Valley Bank’s collapse.