Kuwait ‘mistakenly’ shoots down 3 US F-15s: Pentagon

BP Shares Plunge After Chairman Abruptly Removed Over Serious Governance Concerns Shares of BP PLC, formerly British Petroleum, dropped in London trading after the oil and gas major said its board had removed Chairman Albert Manifold with immediate effect over "serious concerns" tied to "important governance standards, oversight, and conduct." The abrupt ouster adds yet another layer of instability to BP's turnaround effort; more importantly, it raises serious questions about exactly what prompted the board to give Manifold the boot. "The board has been surprised and disappointed to learn of governance oversight...

The Petroyuan Myth: War Failed To Shake The Dollar Authored by Antonio Graceffo via The Epoch Times, Despite sanctions and two wars, the yuan is losing ground, with much of its earlier rise tied to Russia and now reversing. The Kremlin drafted a memo this year outlining seven areas of potential economic convergence with Washington, including a proposed return to dollar settlement for Russian energy transactions. The stated rationale in the memo is that dollar integration would stabilize Russia’s balance of payments and foreign exchange markets. Russia never actually wanted to transact...

Israel continued airstrikes and ground attacks across Lebanon today, with Lebanese Prime Minister Nawaf Salam warning there seems to be no end to the expanded Israeli occupation in the south. The Lebanese Health Ministry reported that over the last 24 hours, another 27 people have been killed in Israeli attacks, and 105 others wounded. This […]