Author: IA PressRoom

© Reuters. FILE PHOTO: Jihad Azour attends an interview with Reuters in Dubai, United Arab Emirates, May 2, 2023. REUTERS/Abdel Hadi Ramahi BEIRUT (Reuters) – Lebanon’s disparate opposition, independent and main Christian parties said on Sunday they had nominated IMF official Jihad Azour for the presidency in a challenge to Hezbollah-backed candidate Suleiman Franjieh. A meeting of the parties endorsed the nomination of Azour, currently director of the Middle East and Central Asia Department at the International Monetary Fund and also a former Lebanese finance minister. Lebanon has had no head of state since President Michel Aoun’s term ended at…

Bitcoin has made a significant move by breaking above the crucial resistance level of $27,000. This breakout has generated anticipation among investors and traders, who are now eagerly observing where Bitcoin’s price might head next. With this breakout, BTC has entered a new territory, and the focus has shifted to identifying the next target levels and potential price movements.Let’s delve into the analysis and explore the possible scenarios for Bitcoin’s trajectory in the near future.Coinbase CEO Brian Armstrong Criticizes US Crypto Stance, Highlights Potential Advantage for ChinaAccording to Brian Armstrong, the CEO of Coinbase, the United States is losing its technical leadership…

The NewsA United Nations human rights panel has issued a damning report that blames the United States and seven other nations for the C.I.A.’s “torture and cruel, inhuman or degrading treatment” of a Saudi prisoner who now awaits a death penalty trial at Guantánamo Bay.The U.N. Working Group on Arbitrary Detention also named as responsible the United Arab Emirates, where the prisoner, Abd al-Rahim al-Nashiri, was captured in 2002, and Afghanistan, Lithuania, Morocco, Poland, Romania and Thailand, where he was held as part of a rendition and interrogation program run by the George W. Bush administration.The working group, which has…

jetcityimage While Novo Nordisk (NVO) and Eli Lilly (NYSE:LLY) will likely rule the obesity drug market for the next decade, rivals such as Amgen (NASDAQ:AMGN) and Pfizer (NYSE:PFE) could soon be snacking on their lunch, a scenario that has not yet been priced into the stocks, according to a Morningstar report. “We expect new therapies launching beginning in 2026 from firms including Amgen and Pfizer could grow to roughly one quarter of the market by 2032,” Morningstar said. Morningstar added that its sees Novo Nordisk and Lilly’s valuations as “rich,” with investors having priced in the huge market opportunity of…

Jeff Zucker compared his firing from CNN to a gunshot wound, according to a New York Times report. Zucker was ousted over his failure to disclose a consensual relationship with a colleague. The former CNN boss has been critical of his embattled successor, CNN CEO Chris Licht. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Jeff Zucker compared his firing from CNN to a gunshot wound, according to a New York Times report — in part a self-inflicted one.Speaking to a group of students…

Former FBI Director James Comey said in an interview that aired Sunday that he predicts prosecutors are facing “intense pressure” to come up with a charging decision with regard to former President Donald Trump before he can possibly become the GOP nominee for president in 2024. Comey, who was abruptly fired by Trump in 2017 while leading the FBI investigation into whether Trump and his allies colluded with Russian in the 2016 election, recently sat down with President Joe Biden’s former White House press secretary, Jen Psaki, for an interview that aired Sunday on Psaki’s MSNBC show.Of the legal battles Trump…

Saudi Arabia will voluntarily cut production by 1 million barrels a day in July, alongside an agreement by the Organization of the Petroleum Exporting Countries and its allies to stick to production targets on Sunday. Describing the voluntary cut as a “Saudi lollipop,” the country’s energy minister, Prince Abdulaziz bin Salman, said the July reduction could be extended if needed. OPEC+ — the group made up of OPEC and its Russia-led allies — concluded a contentious meeting in Vienna, with members agreeing to extend previously agreed production cuts through the end of 2024. OPEC+ agreed last October to cut output…

Allen Winsor, 46, has been a US District Judge in the Northern District of Florida since 2019. He’s now overseeing the Walt Disney Parks and Resorts’ lawsuit against Gov. Ron DeSantis of Florida. Winsor previously dismissed a lawsuit challenging Florida’s Parental Rights in Education Act. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app US District Judge Allen Winsor is now presiding over Walt Disney Parks and Resorts’ lawsuit against Gov. Ron DeSantis of Florida, and it could be a good sign for the governor.The…

Sen. Tom Cotton, R-Ark., slammed the Biden administration for its relationship with China, expressing concern over the possibility of lifting tariffs on Chinese imports imposed by the Trump administration. “Biden administration officials should stop chasing after their Chinese communist counterparts like love-struck teenagers. It’s embarrassing and it’s pathetic,” Cotton said during an appearance on “Fox News Sunday.” “In fact, it projects weakness to China.”Cotton’s remarks came less than 24 hours after a Chinese warship come within nearly 150 yards of a U.S. destroyer in the Taiwan Strait late Saturday. The U.S. Indo-Pacific Command confirmed the incident took place as the USS Chung-Hoon…

Air Lease goes ex dividend on Monday