Showing 1-10 of 74 results
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Yemen's Houthis target 'US ship Pinocchio' in Red Sea
Reuters, Published on 12/03/2024
» CAIRO: Yemen's Iran-aligned Houthis targeted what was described as the "U.S. ship Pinocchio" in the Red Sea with missiles, according to a speech by the group's military spokesman televised early on Tuesday.
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Chinese buying set stage for gold rush
Published on 09/03/2024
» This week’s gold rush may have been triggered by bets that the US Federal Reserve is getting closer to cutting interest rates, but the foundations for the record rally were laid in China.
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Houthi attack killed two Filipino, one Vietnamese ship crew
Bloomberg News, Published on 07/03/2024
» MANILA - Two seafarers from the Philippines and another from Vietnam were killed by a Houthi missile attack on a ship in the Gulf of Aden on Wednesday, according to a statement from the vessel’s owners.
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The reason why China won't fight the Houthis
Oped, Yun Sun, Published on 23/02/2024
» Chinese policy in the Middle East is shaped by two factors: China's threat perceptions and its strategic calculus regarding its great-power competition with the United States. And when it comes to dealing with the US, China's approach comes down to three "nos": no cooperation, no support and no confrontation. This credo underlies China's decision not to push back against the Iran-backed Houthis as they carry out drone and missile attacks on Red Sea shipping lanes.
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China, Russia, Iran to hold navy drills aimed at 'regional security'
South China Morning Post, Published on 06/02/2024
» China will hold joint naval drills with Iran and Russia in the coming weeks, as Iranian-backed Houthi militias and US forces mount strikes and counter-strikes in the Middle East.
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Red Sea danger leads global oil buyers to switch markets
Bloomberg News, Published on 05/02/2024
» NEW YORK - The global oil market is looking increasingly local as militant attacks in the Red Sea and surging freight rates make supplies from closer to home more attractive.
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US, UK hit dozens of Houthi sites in bid to end ship attacks
Published on 04/02/2024
» US forces followed up strikes on Syria and Iraq with a new round of attacks against Iran-backed Houthis in Yemen, signalling that President Joe Biden is willing to deepen US involvement in the region’s spreading conflict.
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US asks China to urge Iran to curb Red Sea attacks by Houthis
Reuters, Published on 24/01/2024
» LONDON - The United States has asked China to urge Tehran to rein in the Iranian-aligned Houthi rebels attacking commercial ships in the Red Sea but has seen little sign of help from Beijing, according to a report on Wednesday, citing US officials. The US has repeatedly raised the matter with top Chinese officials in the past three months, the report said.
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Why the oil market refuses to catastrophise
News, Published on 20/01/2024
» Psychologists sometimes warn anxious and depressed clients about the danger of catastrophising -- fixating on the worst possible outcome, exaggerating serious but unlikely risks rather than evaluating all outcomes rationally.
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