Netanyahu Admits Israel Is Taking More Territory in Gaza in Violation of Ceasefire Deal

Pakistani Defense Minister Khawaja Asif said Islamabad was prepared to fulfill its obligations under the Mecca Agreement as Saudi Arabia battles Ansar Allah in Yemen. The “Mecca Agreement applies to us, and we will fulfill our duty,” Asif said on Wednesday without going into details about what kind of support Islamabad was preparing to provide to Saudi […]

Greece Wants To Become Europe's Next Hedge Fund Hub Athens is emerging as an unlikely contender in the competition for Europe’s hedge fund money, with Greece using favorable tax treatment, an improving economy and Mediterranean living to attract financiers looking beyond London and other established financial centers, according to Bloomberg. That campaign has already produced some notable converts. Millennium Management has established an operation in Athens, while billionaire hedge fund manager Chris Rokos is heading to Greece after deciding to leave Britain. Greek officials are betting that attracting firms of that...

From Leverage To Liability: The Hormuz Strait Is Now Iran's Biggest Weakness Authored by Daniel Lacalle, For half a century, the Strait of Hormuz was Iran’s weapon. Today, it is its noose. The mathematics of energy have flipped, and with them the balance of coercive power in the Persian Gulf. Iran’s implicit deterrent was geographic, spanning from the tanker wars of the 1980s to the sanctions standoffs of the 2010s. Almost 20% of global seaborne oil, and a similar share of liquefied natural gas, passes through the Strait. The formula was simple:...