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"In The Name Of God": Yemen Leader Orders All-Out Offensive Against Iran-Backed Houthis
"In The Name Of God": Yemen Leader Orders All-Out Offensive Against Iran-Backed Houthis
Saudi Arabia and Yemeni government forces have been preparing for a major offensive against Iran-backed Houthis, whose latest advances along Yemen's western coast have tightened their control over coastal areas and disrupted a critical maritime chokepoint known as the Bab el-Mandeb Strait. Bloomberg now reports that the operation is underway.
The outlet reports that Rashad Al-Alimi, head of Yemen's Presidential Leadership Council, ordered all branches of the armed forces into active combat operations on Sunday.
"All state military, security...
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Jun 30, 2026 / Tyler Durden
Trading Giant Susquehanna Lost Over $70 Million To Mystery Insider Traders
Trading Giant Susquehanna Lost Over $70 Million To Mystery Insider Traders
Trading giant Susquehanna Investment Group said it was attempting to unmask the identities of individuals it claims made at least $100 million trading on inside information about a Chinese government crackdown on cross-border brokerages last month.
The Pennsylvania-based market-maker, which says it was the counterparty on most of the alleged insider trades, sued 100 John Doe defendants in Manhattan federal court on Monday. Susquehanna is seeking to recover more than $70 million it says it lost to what it believes...
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Jun 30, 2026 / Dave DeCamp
Report: Oman Proposes Strait of Hormuz Plan That Involves Collecting Fees
The New York Times reported on Tuesday that Iran and Oman are moving forward with a plan for the Strait of Hormuz that would involve collecting fees for ships transiting the waterway, despite the US expressing vehement opposition to the idea. Sources told the paper that Oman recently delivered a formal proposal to the US […]
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Sep 24, 2026 / Tyler Durden
'Silicon Wadi': UAE Firms Touted To Join Israeli Tech Project In East Jerusalem
'Silicon Wadi': UAE Firms Touted To Join Israeli Tech Project In East Jerusalem
Via Middle East Eye
The Israeli-run municipality of Jerusalem has recruited companies from the United Arab Emirates to invest in a modern industrial park, called Silicon Wadi, in the city's occupied east. However Palestinian urban planning experts have told Middle East Eye that the plans and the UAE's involvement has been kept unusually under wraps.
Fleur Hassan-Nahoum, Israel's deputy mayor of Jerusalem, told Makor Rishon newspaper that "Jerusalem's branding in the UAE is very strong. They are very excited...
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