Barkah News

GCC leaders and President Erdogan demand an end to the occupation of Gaza and accuse Israel of breaking international law there .                                                                  Source arabnews.com RIYADH: The GCC reaffirmed its demand that Israel withdraw from its occupation of the Palestinian territory and denounced Israel for committing "clear violations" of international law. The leaders of the six countries denounced Israel's continuous military actions in Gaza in a statement released at the conclusion of the 44th Gulf Cooperation Council session on Tuesday. The actions "have led to the forced displacement of the civilian population, and the destruction of civilian facilities and infrastructure, including residential buildings, schools, health facilities, and places of wors...

  Source reuters.com Amid Red Sea tensions and impending data, equities are trembling. December 4, London (Reuters) - As investors were cautious ahead of a plethora of economic data this week that will test market bets on rate cuts from major central banks and the status of the global economy in the coming year, Wall Street stock futures fell on Monday. Dow e-minis 1YMcv1, S&P 500 e-minis EScv1, and Nasdaq 100 e-minis NQcv1 were down 0.3%, 0.4%, and 0.5%, respectively, at 07:22 ET. Attacks on commercial ships in the Red Sea on Sunday ran the risk of rekindling market concerns about an extension of Israel and Hamas' conflict, which might cloud the picture for the rise that saw U.S. stocks close last week at a record high. "That situation appears to be under control as of right now. Paul Watters, head of European credit analysis at S&P Global Ratings, stated, "But the spillovers, the risks around this, can't be underestimated -- the risks to oil if Iran became i...

                                                                           Source  arabnews.com   Metal music is crucial to Saudi Arabia's cultural rebirth. JEDDAH: A sizable audience cheered and sang along with Saudi metal band Immortal Pain during their loud and energetic performance at Comic Con Arabia in Jeddah. The band performed for the second time at the event on Friday night. Since late 2005, they have been a part of the rock and metal scene, initially consisting of two members and then expanding to two. Lead guitarist Rasheed Attar and rhythm guitarist Emad Ashoor formed the band together, according to a prior interview with Arab News. Later, bassist Anan Al-Sabban and drummer Moayad Al-Shammari joined the group, and they just inked a deal with Sa...

Source reuters.com  More than 2% decline in oil prices is caused by investors' skepticism about OPEC+ measures. December 1, New York (Reuters) - Due to market doubts regarding the extent of OPEC+ production cutbacks and worries about the slowdown in global manufacturing, oil prices fell by more than 2% on Friday. At $78.88 a barrel, Brent crude futures for February ended the day down $1.98, or 2.45%. West Texas Intermediate (WTI) oil futures for the United States fell $1.89, or 2.49%, to $74.07 per barrel. Brent saw a weekly loss of roughly 2.1%, while WTI saw a loss of more than 1.9%. On Thursday, members of OPEC+ reached a decision to withdraw almost 2.2 million barrels per day (bpd) of oil from the world market in the first quarter of 2019. This amount includes the rollover of Saudi Arabia's and Russia's present voluntary cuts of 1.3 million bpd. The announcement was met with some suspicion by traders, according to Craig Erlam, analyst at OANDA. "(It) seems traders ...

                                                            Source Theathletic.com Milan is being criticized by Paolo Maldini for having "no real respect for club's identity and history.  In his first interview since being ousted as technical director in the summer, Milan icon Paolo Maldini charged that the team had "no real respect for Milan’s identity and history." The five-time Champions League champion, whose father, Cesare, and son, Daniel, were players for the team, claimed in an interview with La Repubblica that owner Gerry Cardinale's explanations for sacking him were "a little weak." "Cardinale informed me and (former sporting director of Milan, Ricky Massara) that we were let go," Maldini remarked. When I questioned him about it, he said that I didn't get along well with (CEO Giorgio) Furlani. "...

                                                                                       Source Reuters Cold War-era leading US diplomat Henry Kissinger passes away at the age of 100. Nov. 29 (Reuters) - Henry Kissinger, the leading American diplomat of the Cold War era, passed away at the age of 100. Kissinger was despised by opponents of human rights but helped Washington open up to China, negotiate arms control agreements with the Soviet Union, and end the Vietnam War. Kissinger, a Jewish refugee from Germany whose career took him from academia to diplomacy and who continued to be an influential figure in foreign affairs into his later years, passed away at home on Wednesday, according to his geopolitical consulting firm, Kissinge...

 Negotiations for a Gaza truce are overshadowed by news of the death of an Israeli hostage family. Written by Mohammed Salem, Maayan Lubell, and Nidal Al-Mughrabi GMT+7 November 29, 20239:46 PM23 minutes ago November 29, 2014 (Reuters) - An unfounded claim by Hamas that a 10-month-old Israeli captive and his family had died cast a shadow over last-minute talks between Israel and Hamas to prolong the Gaza truce on Wednesday. The armed branch of Hamas announced just before the truce's last release of women and children that the youngest hostage, infant Kfir Bibas, together with his mother and four-year-old brother Ariel, had perished in an earlier Israeli bombardment. Their father has been detained as well. The family was among the most well-known civilian hostages to be released, so Israel said it was investigating the potentially explosive accusation. The Hamas statement could not be independently verified by Reuters. After the parents and kids were left out of the penultimate grou...