World News

Bristol-Myers Squibb to acquire Mirati in up to $5.8 billion deal

Oct 8 – Bristol-Myers Squibb (BMY.N) on Sunday said it will acquire cancer drugmaker Mirati Therapeutics (MRTX.O) for up to $5.8 billion, diversifying its oncology business and adding drugs it hopes can help offset expected lost revenue from patent expirations later this decade. Bristol will pick up Mirati’s portfolio drugs that target the genetic drivers …

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Analysis: Inside Asia’s arms race: China near ‘breakthroughs’ with nuclear-armed submarines, report says

HONG KONG, Oct 9 – A submarine arms race is intensifying as China embarks on production of a new generation of nuclear-armed submarines that for the first time are expected to pose a challenge to growing U.S. and allied efforts to track them. Analysts and regional defence attaches say evidence is mounting that China is …

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Oil prices jump more than $3 per barrel in wake of Hamas attack

BEIJING, Oct 9 — Oil prices jumped more than $3 a barrel in early Asian trade on Monday, as dramatic military clashes between Israeli and Hamas forces over the weekend deepened political uncertainty across the Middle East. Brent crude LCOc1 rose $3.34, or 3.95%, to $87.92 a barrel, while U.S. West Texas Intermediate crude CLc1 was at $86.23 a barrel, …

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UAE Sides with Israel, Condemns Hamas for ‘Nihilistic Destruction’

The Foreign Affairs Ministry of the United Arab Emirates (UAE) issued a statement Sunday directly condemning the Palestinian terrorist organization Hamas for a bloody terror spree that has left over 700 dead since early Saturday, urging the region to avoid following the group toward “nihilistic destruction.” WATCH — Dermer on Hamas Terror Attack: “There Are Also American …

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Former Presidents Clinton, Obama silent as Israel defends itself from Hamas

It has now been more than 24 hours since Iranian-backed Hamas terrorists invaded areas of southern Israel, killing hundreds and wounding thousands, and two former presidents have been silent. As of midday Sunday, no social media account, presidential library or foundation associated with Democratic former Presidents Bill Clinton and Barack Obama had commented on the …

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A GOP congressman says conservative hardliners who helped oust Kevin McCarthy as speaker could ‘very easily’ cause the party to lose its House majority in 2024

Shortly before Rep. Kevin McCarthy of California was ousted as Speaker of the House last Tuesday, one of his most prominent allies stepped forward to vouch for his character. Rep. Tom Cole of Oklahoma, a veteran GOP lawmaker who chairs the House Rules Committee, touted McCarthy’s leadership in the lower chamber as he rejected calls …

A GOP congressman says conservative hardliners who helped oust Kevin McCarthy as speaker could ‘very easily’ cause the party to lose its House majority in 2024 Read More »

What Is Iran’s Role in the Hamas Attack on Israel?

Too little of the constant hum of the Arab-Israeli conflict breaks through in the United States. Occasional shocking attacks and sustained battles creep onto the pages of major papers but then fade back into obscurity. But on the morning of Oct. 7, Hamas broke through—attacking Israel on multiple fronts, killing and kidnapping civilians and soldiers, …

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People in quake-hit Afghanistan use shovels, bare hands to pull out victims

Volunteers and rescue workers in quake-hit Afghanistan say they are forced to use shovels and even their bare hands to look for victims and survivors. “There is no modern equipment nor trained search and rescue teams. This could result in a rise in casualties. If we don’t urgently receive advanced and trained rescue teams in …

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Tens of thousands protest against possible Catalan amnesty deal

[1/6] About 50,000 people demonstrate in Catalan capital Barcelona Acting PM Sanchez needs separatists’ political support Poll: more than two-thirds of Spaniards oppose amnesty BARCELONA, Oct 8 – Waving Spanish and Catalan flags, tens of thousands of people marched through Barcelona on Sunday to protest against a potential amnesty deal which Spain’s Socialists must strike …

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Fatah, ‘Moderate’ Palestinian Party, Urges Expansion of Attacks on Israel

Fatah, the so-called “moderate” political organization that governs the Palestinian Authority, has called for an expansion of the war against Israel, following the massive terror attack by Hamas this weekend. The Palestinian terror attack, which has claimed roughly 700 Israeli lives — with thousands wounded and about 100 kidnapped — happened on the Jewish holiday …

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