Israel has defended its formal recognition of the self-declared Republic of Somaliland, but several countries at the United Nations questioned whether the move aimed to relocate Palestinians from Gaza or to establish military bases. Israel became the first country to recognize Somaliland as an independent and sovereign state on Friday....
Oil Prices Steady as Russia-Ukraine Peace Hopes Fade, Yemen Tensions Rise
Oil prices were little changed on Tuesday as investors took stock of dented hopes of a Russia-Ukraine peace deal and rising geopolitical tensions in the Middle East around Yemen. Brent crude futures for February delivery, which expire on Tuesday, were up 27 cents, or 0.4%, at $62.21 a barrel at...
Warner Bros Expected to Reject Paramount’s Latest Hostile Bid, CNBC Reports
Warner Bros Discovery is expected to reject Paramount Skydance's amended $108.4 billion hostile bid, CNBC reported on Tuesday, despite billionaire Larry Ellison backing the media giant's offer with a personal guarantee. Warner Bros and Paramount Skydance declined to comment on the report. The decision could keep Warner Bros on track...
Wall Street Inches Lower as Tech Shares See Renewed Pressure
The S&P 500 and the Nasdaq inched lower on Tuesday in thin trading volumes, as technology stocks came under pressure for a second day, while declines in financial stocks weighed on the Dow. Tech stocks fell 0.2%, with Nvidia and Apple down 0.6% and 0.4%, respectively, and are set to...
Clovis Police Seek Public’s Help Locating at-Risk Missing Woman
Clovis police on Monday night asked for the public’s help in locating an at-risk missing adult last seen more than a month ago. Kathleen Rodriguez, 66, was last seen Nov. 23, near Clovis Community Hospital at Temperance and Herndon avenues, police said. She is described as 5 feet 6 inches...
China Launches Live-Firing Drills Around Taiwan in Its Biggest War Games to Date
China launched 10 hours of live-firing exercises around Taiwan on Tuesday, the second day of Beijing's largest-ever war games around the island, aimed at swiftly cutting its links to outside support in the event of a conflict. The Eastern Theatre Command said the drills would take place until 6 p.m....
Trump Warns Iran of Possible Strike, Urges Hamas to Disarm After Meeting Netanyahu
President Donald Trump said on Monday the United States could support another major strike on Iran were it to resume rebuilding its ballistic missile or nuclear weapons programs and warned Hamas of severe consequences if it does not disarm. Speaking beside Israeli Prime Minister Benjamin Netanyahu following a meeting at...
Trump Says He and Netanyahu Don’t Fully Agree on West Bank
President Donald Trump said on Monday that he and Israeli Prime Minister Benjamin Netanyahu did not agree fully on the issue of the Israeli-occupied West Bank but the Republican leader did not lay out what the disagreement was. In a briefing after a meeting with Netanyahu at his Mar-a-Lago estate...
Pentagon Announces $8.6 Billion Boeing Contract for F-15 Jets for Israel
Boeing was given an $8.6 billion contract for the F-15 Israel Program, the Pentagon said on Monday, after U.S. President Donald Trump met Israeli Prime Minister Benjamin Netanyahu in Florida. "This contract provides for the design, integration, instrumentation, test, production, and delivery of 25 new F-15IA aircraft for the Israeli...
Israel Strips UN Agency for Palestinian Refugees of Diplomatic Immunity
Israel’s parliament passed new legislation Monday formally removing diplomatic immunity from the United Nations agency for Palestinian refugees, part of an ongoing Israeli crackdown against the body. The legislation could potentially expose the United Nations Relief and Works Agency — widely known as UNRWA — to legal action in Israeli...