money Oil slumps as mounting COVID-19 concerns roil markets
The Schork Report Editor Stephen Schork joins Yahoo Finance’s Akiko Fujita to discuss his outlook on oil, as WTI crude is tumbling.
The Schork Report Editor Stephen Schork joins Yahoo Finance’s Akiko Fujita to discuss his outlook on oil, as WTI crude is tumbling.
Russian strikes against Ukraine on Friday killed at least eight people, including two children, as Kyiv said it shot down a Russian strategic bomber for the first time.Ukraine said it had downed a Russian long-range strategic bomber during a combat mission for the first time.
The moves also shore up support from tribes and conservation groups, but face criticism from Alaska lawmakers.
A German prosecutor says 2 German-Russian nationals were caught snooping around U.S. military facilities used to train Ukrainian forces.
Three workers from the Philippines have died in heavy flooding in the United Arab Emirates, Filipino officials announced, as the desert country struggled on Friday to recover from record rains."The two females died due to suffocation inside their vehicle during the flooding," said the migrant workers department statement issued on Thursday.
A remote Indonesian volcano sent a tower of ash spewing into the sky Friday, after nearly half a dozen eruptions earlier this week forced thousands to evacuate when molten rocks rained down on their villages.And then it rained and rocks fell.
The Kremlin said on Friday that staff in some government departments were banned from travelling abroad for security reasons, while some departments required people to provide advance notification of any foreign travel plans. Reuters reported on Thursday that Russia was making overseas travel harder for some officials due to fears that foreign powers may try to gain access to state secrets during the worst crisis in relations with the West for more than 60 years. "All organisations have nuances when it comes to the current regime of approving trips abroad," Kremlin spokesman Dmitry Peskov said in a daily call with reporters.
The Pentagon could get weapons moving to Ukraine within days if Congress passes a long-delayed aid bill. Moving fast is critical, CIA Director Bill Burns said Thursday, warning that without additional aid from the U.S., Ukraine could lose the war to Russia by the end of this year. Pentagon press secretary Maj. Gen. Pat Ryder said, “We would like very much to be able to rush the security assistance in the volumes we think they need to be able to be successful.”
A Polish man has been charged with assisting Russia in an alleged plot to assassinate Ukraine’s President Volodymyr Zelensky, according to authorities in Poland and Ukraine.
The United States told the Group of Seven foreign ministers on Friday that it received “last minute” information from Israel about a drone action in Iran, Italy’s foreign minister said. Italian Foreign Minister Antonio Tajani, who chaired the meeting of ministers of industrialized countries, said the United States provided the information at a Friday morning session that was changed at the last minute to address the suspected attack. Tajani said the U.S. informed the G7 ministers that it had been “informed at the last minute” by Israel about the drones.
Israeli media cited foreign reports of an Israeli strike on Iran on Friday in the absence of official public comment, while Iranian television reports played down the attack - many not even mentioning the "Zionist entity", Iran's term for Israel. The Israeli military and foreign ministries declined comment and there were no immediate public statements from senior politicians apart from hardline security minister, Itamar Ben Gvir, who sent out the one word message "Feeble!" on social media platform X. Israeli media cited reports from the New York Times and the Washington Post, which quoted unnamed Israeli officials as confirming Israel was behind the attack, but did not report official confirmation of their own.
A senior figure in Japan's ruling party will travel to New York next week and is seeking a meeting with Republican presidential candidate Donald Trump, according to public broadcaster NHK. Taro Aso, a former prime minister who currently serves as vice president of the Liberal Democratic Party, will visit New York from April 22-25, sources with knowledge of his travel plans told Reuters, speaking on condition of anonymity. He is seeking a meeting with Trump, who is in New York standing trial in a hush money case, NHK reported citing sources.
He said on X that he also visited a paratroopers' medical platoon and examined the construction of fortifications: "Every effort must be made in this regard." Twenty-five months into Moscow's full-scale invasion, Ukraine is on the back foot, and Russian troops are inching forward. Kyiv scaled up its efforts to build effective defence lines as its officials warned about Russian troops preparing a possible offensive later this spring or in summer.
A measure of calm was returning after Israel's retaliatory strike on Iran spooked the market and spurred a rush to safe havens such as gold.
China's Ant Group is in talks with Indonesia to bring its popular cross-border payment service Alipay+ there, the chief of its international business was quoted by media as saying on Friday after meeting with the country's communications minister. Launched in 2020, Alipay+ provides services and technology tools to global merchants and e-wallets that enable them to offer their users the ability to make payments in overseas markets with their local e-wallets. Peng Yang, CEO of Ant Group's international business group, was quoted by newspaper Kompas as saying the company was seeking guidance from Indonesia's central bank to operate in Indonesia, adding he hoped Alipay+ could be launched this year.
Israel has carried out a strike inside Iran, a US official told CNN Friday, a move that threatens to push the region deeper into conflict. The target is not nuclear, the official added.
Western states have sought to send Iran messages via Turkey in recent days to reiterate appeals for de-escalation, a Western diplomat said on Friday. The messages were conveyed before reported Israeli attacks on Iran early on Friday, after which Tehran indicated it had no plans for further retaliation. After Iran's retaliatory attack on Israel over the weekend, Turkey's foreign ministry confirmed contacts with Iran and the United States in a statement, saying Ankara had called for restraint and warned of a regional war if tensions escalated further.
An unclaimed aerial attack in central Iran on Friday comes fresh on the heels of tit-for-tat Iranian and Israeli strikes earlier this month, marking a potentially dangerous escalation of the Middle East conflict.
The head of the European Union's executive branch said Friday that Finland's decision to close its border crossings with Russia over a surge in migrants was a security matter for the whole 27-member bloc to consider. European Commission President Ursula von der Leyen made the remarks during a trip to the frontier, visiting a part of the border located in the Arctic. “We all know how (Russian President Vladimir) Putin and his allies instrumentalize migrants to test our defenses and to try to destabilize us,” von der Leyen said.
Lawyers in Donald Trump's criminal trial are expected on Friday to wrap up the painstaking process of selecting a jury that will for the first time in U.S. history determine whether a former president is guilty of breaking the law. With the 12-member jury already chosen, prosecutors and defense lawyers need to select six alternates for the trial, which is expected to run through May. Opening statements could start on Monday. On Thursday, Justice Juan Merchan dismissed one juror who said she felt intimidated after friends and relatives figured out she had been chosen for the trial.
Republican presidential candidate Donald Trump is using his hush money trial to squeeze his loyal army of small donors and personally lobby major backers as he scrambles to reduce a major fundraising disadvantage with Democratic President Joe Biden. His campaign has been firing off daily, dramatically worded fundraising appeals to small donors - who rallied to support him when he was first charged in the case last year - since the trial in New York began with jury selection on Monday. There are early warning signs that Trump's small-donor base may be flagging, suggesting Trump may have to rely more heavily on major donors ahead of the Nov. 5 rematch against Biden.