In a surprise move, the most powerful Iran-backed militia in Iraq, Kataib Hezbollah, announced on Tuesday the suspension of its military operations against US forces in the region two days after a drone attack killed three US service members and wounded dozens of others. “We are announcing the suspension of military and security operations against the occupation forces (US troops) ...

The US has reimposed economic sanctions against a Venezuelan state-owned mining company and says it could go on to reimpose further sanctions on the country’s oil and gas sector after Venezuela’s Supreme Court barred main opposition candidate Maria Corina Machado from running for president last week. The US Treasury on Monday revoked General License 43, which had authorized dealings with ...

Israeli tanks fired live ammunition and smoke grenades after entering a hospital complex in southern Gaza where more than 8,000 people are sheltering, the Palestine Red Crescent Society (PRCS) said Tuesday. After surrounding the Al Amal hospital in Khan Younis for more than a week, Israeli military vehicles drove into the compound and were stationed in the hospital’s front yard, ...

A decade-long survey of the night sky has revealed a mysterious new type of star astronomers are referring to as an “old smoker.” These previously hidden stellar objects are aging, giant stars located near the heart of the Milky Way galaxy. The stars are inactive for decades and fade until they’re almost invisible before belching out clouds of smoke and ...

Boris Nadezhdin, an anti-war candidate vying for the Russian presidency, said Wednesday he had submitted the signatures required to be listed on the presidential election ballot, potentially allowing him to stand against Vladimir Putin in March. Nadezhdin announced he had delivered 105,000 signatures, the maximum allowed by law, to the Central Election Commission in Moscow, which now has 10 days to ...

For the first time, African music will have its own category at the Grammys. The Recording Academy will showcase three new categories for this year’s awards, including “Best African Music Performance” — featuring some of Afrobeats’ global superstars. “By introducing these three new categories, we are able to acknowledge and appreciate a broader array of artists,” said Recording Academy CEO ...

Concern is mounting for thousands of sheep and cattle stranded off the coast of Australia after authorities ordered the Israeli-owned ship transporting the live cargo to turn around over fears it could be targeted by Houthi rebels in the Red Sea. More than 16,000 animals are aboard the MV Bahijah anchored off Western Australia, where sweltering heat is adding to pressure on ...

A Thai court on Wednesday ordered the kingdom’s most popular political party to end its campaign to amend the country’s notoriously strict royal defamation law, dashing its supporters hopes for reform of the powerful monarchy. The Constitutional Court in Bangkok ruled the progressive Move Forward Party, which won the most seats in last year’s election, violated the constitution through its campaign ...

Pakistan’s incarcerated former Prime Minister Imran Khan has been sentenced to 14 years in prison for corruption, his Pakistan Tehreef-e-Insaaf (PTI) party said Wednesday, in the second legal blow to beset the beleaguered politician this week. Khan and his wife, Bushra Bibi, were convicted by the National Accountability Bureau in a case related to the unlawful sale of state gifts ...

The main pro-union party in Northern Ireland, the Democratic Unionist Party (DUP), said Tuesday it had reached a deal with the UK government that would end its near two-year government boycott and mark a return to power-sharing in the province. Jeffrey Donaldson, leader of the pro-UK DUP, made the announcement at a press conference in the early hours of Tuesday morning. The move could see the first minister position ...

On this episode of StockCharts TV’s Sector Spotlight, after a quick look at asset class rotation and sector rotation for US stocks, I dive into a comparison of cap-weighted sectors vs. equal-weighted sectors and find a big difference for the Consumer Discretionary sector, which underscores and supports the current strength of the market in general. In addition, seasonality for February suggests ...

For today, I am reprinting an interview I did for Kitco News with Neils Christensen, written by Neils. (Kitco News) – The gold market remains in a solid holding pattern as it waits for some direction from the Federal Reserve, and one market strategist is warning potential precious metals investors that they need to be patient as 2024 will be ...