Major Israeli PAC Flips: Tel Aviv Should Pay Out-Of-Pocket If It Wants US Weapons via Middle East Eye The pro-Israel advocacy group J Street is now calling for an end to "direct" US military support to Israel, per a new policy document published this week. The group had previously backed Washington's continued provision of defensive weapons systems, such as the replenishment of Israel's Iron Dome,...
Major Israeli PAC Flips: Tel Aviv Should Pay Out-Of-Pocket If It Wants US Weapons via Middle East Eye The pro-Israel advocacy group J Street is now calling for an end to "direct" US military support to Israel, per a new policy document published this week. The group had previously backed Washington's continued provision of defensive weapons systems, such as the replenishment of Israel's Iron Dome, at no cost to Israelis . Now, it says the US "should continue to sell" short-range air and ballistic missile defense capabilities to Israel, but Israel should use its own money to pay for them . Source: Times of Israel "Israel faces real security challenges that require a significant defense investment. With a per capita GDP comparable to leading US allies such as the United Kingdom, France and Japan, as well as an annual defense budget of over $45 billion, it has the financial means to address these challenges ," J Street said. "It does not require almost $4 billion per year in US financial subsidies to purchase weapons," it added. "Continuing this assistance is both unnecessary and politically counterproductive, creating avoidable tensions in US domestic politics and in the bilateral relationship." The way the current military aid package operates is that the US provides Israel with American taxpayer funds, and those funds are put into US weapons companies to acquire equipment. On its website, J Street says that it "organizes pro-Israel, pro-peace, pro-democracy Americans to promote US policies that embody our deeply held Jewish and democratic values and that help secure the State of Israel as a democratic homeland for the Jewish people". Political tide turns J Street's shift follows a distinct change in attitudes towards Israel among the American public after what has been widely labeled genocide in Gaza, where over 72,000 Palestinians have been killed since Israel's war on the enclave broke out in October 2023. But perhaps more importantly for the group, whose support ...
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here's what CNBC TV's producers were watching as the S & P 500 and Nasdaq Composite hit records, and what's on the radar for the next session. Record-breaking day CNBC's coverage of the markets restarts at 5 a.m. with Morgan ...
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here's what CNBC TV's producers were watching as the S & P 500 and Nasdaq Composite hit records, and what's on the radar for the next session. Record-breaking day CNBC's coverage of the markets restarts at 5 a.m. with Morgan Brennan on "Morning Call." The S & P 500 closed at a record high on Thursday. It is up 3% in three days. Since the start of April the S & P is up 7.6%. The Nasdaq Composite hit a record high as well. The Nasdaq is up almost 5% in three days. It is up 11.2% in April alone. That's big. The Nasdaq is up 11 straight days. Mad Money's Jim Cramer calls this "one of the fastest swings we've ever had for stocks." He said, "The easy money has probably been made" in this run, but he isn't betting on an immediate turnaround assuming life remains relatively stable. .SPX 5D mountain The S & P 500 in the past five trading days Big Tech and big moves Cramer also called out Microsoft 's 4.6% jump on Wednesday, saying, "It was for no reason… and that's what a rotation is all about." The stock is up 11% in April, but it's down 26% from the high. He also said Tesla was up 7.6% on Wednesday, "also for no reason." Tesla is up 12% in three days. Then there's Apple , up 3% during the session. He ended the segment by saying, "The bottom line: Some crazy rotations are about to occur. I wouldn't be surprised if the drugs, retailers and health care stocks were next." The rest of the big indexes The Russell 2000 is off about 0.8% from a new high. It is up 8.7% in April. The Dow Industrials is off 4% from a high. The blue-chip index is up 4.6% in April. The NYSE Composite is up nearly 4% in April. It's off 2.75% from the high. .DJI 1M mountain The Dow Industrials in the past month Sector check Real estate, communication services, utilities, materials, tech and consumer discretionary are all within 5% o...
Lean hog futures were steady to 50 cents lower on Wednesday, with expiring April up 20 cents. USDA’s national base hog price was reported at $91.88 on Wednesday afternoon, up $1.11 from the day prior. The CME Lean Hog Index was back up 6 cents on April 13 at $90.33....
Lean hog futures were steady to 50 cents lower on Wednesday, with expiring April up 20 cents. USDA’s national base hog price was reported at $91.88 on Wednesday afternoon, up $1.11 from the day prior. The CME Lean Hog Index was back up 6 cents on April 13 at $90.33....
Live cattle futures were down 35 cents to $1.40 on Wednesday, with April up a nickel. There were 3 deliveries for April live cattle in Dodge City. Cash trade has been quiet so far this week, with a few $248 sales in the South, as last week was $246-249 in...
Live cattle futures were down 35 cents to $1.40 on Wednesday, with April up a nickel. There were 3 deliveries for April live cattle in Dodge City. Cash trade has been quiet so far this week, with a few $248 sales in the South, as last week was $246-249 in...
The wheat complex posted marginal gains on Wednesday with contracts higher across the three exchanges. Chicago SRW futures were fractionally to 3 cents higher. KC HRW futures saw 2 ¼ to 3 ¼ cent gains. MPLS spring wheat was 1 to 2 ¼ cents higher. Export Sales data will be...
The wheat complex posted marginal gains on Wednesday with contracts higher across the three exchanges. Chicago SRW futures were fractionally to 3 cents higher. KC HRW futures saw 2 ¼ to 3 ¼ cent gains. MPLS spring wheat was 1 to 2 ¼ cents higher. Export Sales data will be...
Soybeans were in rally mode on the midweek session, with contracts 9 to 11 cents higher at the close. The cmdtyView national average Cash Bean price was up 11 cents at $11.01 3/4. Soymeal futures were $1.10 to $4.70 higher on the day, with Soy Oil futures up steady to...
Soybeans were in rally mode on the midweek session, with contracts 9 to 11 cents higher at the close. The cmdtyView national average Cash Bean price was up 11 cents at $11.01 3/4. Soymeal futures were $1.10 to $4.70 higher on the day, with Soy Oil futures up steady to...
格隆汇4月16日|卡塔尔财政部长Ali Ahmed Al-Kuwari周三表示,全球经济即将感受到伊朗战争带来的全面冲击,但他补充称,卡塔尔的财政状况至少能撑一年。Al-Kuwari在华盛顿参加国际货币基金组织(IMF)一场讨论时表示:“全面冲击即将到来,而且已经不远了。”他称近期全球物价飙升只是“冰山一角”。“我认为,一两个月后全球将真正感受到巨大的经济冲击,”他说。“很快你们将面临的不只是能源...
格隆汇4月16日|卡塔尔财政部长Ali Ahmed Al-Kuwari周三表示,全球经济即将感受到伊朗战争带来的全面冲击,但他补充称,卡塔尔的财政状况至少能撑一年。Al-Kuwari在华盛顿参加国际货币基金组织(IMF)一场讨论时表示:“全面冲击即将到来,而且已经不远了。”他称近期全球物价飙升只是“冰山一角”。“我认为,一两个月后全球将真正感受到巨大的经济冲击,”他说。“很快你们将面临的不只是能源价格问题,而是能源供应问题。因此,即使你们有能力支付,也可能无法获得能源供应,这将是一个非常严重的问题。”他补充道,全球化肥产量以及来自该地区的供应急剧减少还可能导致全球各地错失农耕季节,进而引发粮食危机。
(RTTNews) - The Singapore stock market has climbed higher in two straight sessions, improving almost 40 points or 0.8 percent along the way. The Straits Times Index now rests just above the 5,020-point plateau and it may extend its gains on Thursday.
(RTTNews) - The Singapore stock market has climbed higher in two straight sessions, improving almost 40 points or 0.8 percent along the way. The Straits Times Index now rests just above the 5,020-point plateau and it may extend its gains on Thursday.
A number of stocks jumped in the afternoon session after sentiment improved following significant moves from heavyweights like Meta Platforms, which extended its partnership with Broadcom to deploy custom AI chips.
A number of stocks jumped in the afternoon session after sentiment improved following significant moves from heavyweights like Meta Platforms, which extended its partnership with Broadcom to deploy custom AI chips.
The Singapore dollar may maintain its lead over Southeast Asian peers as it trades increasingly in lockstep with offshore yuan while keeping its deeply inverse correlation with the greenback, a Bloomberg analysis shows. Singapore’s dollar and the yuan have moved in tighter sync than any other Asian currency pair since the Middle East conflict began. Policy tightening by the Monetary Authority of S...
The Singapore dollar may maintain its lead over Southeast Asian peers as it trades increasingly in lockstep with offshore yuan while keeping its deeply inverse correlation with the greenback, a Bloomberg analysis shows. Singapore’s dollar and the yuan have moved in tighter sync than any other Asian currency pair since the Middle East conflict began. Policy tightening by the Monetary Authority of Singapore this week also provides a key tailwind as the yuan’s climb toward a three-year high further boosts the local dollar. This is partly a result of Singapore’s exchange-rate based policy. Unlike most central banks that use interest rates to manage inflation and ensure price stability, the MAS manages the currency against a trade-weighted basket within an undisclosed policy band. Bloomberg Intelligence estimates that the yuan’s weighting in the Singapore dollar trade-weighted basket is the second heaviest at 11.9%. The yuan’s impact on the Singapore dollar is via its “high weight in the Singapore nominal effective exchange rate basket,” said Khoon Goh , head of Asia research at Australia & New Zealand Banking Group. He expects the “ higher slope of the policy band,” which allows for faster Singapore dollar appreciation and the city state’s attractiveness as a safe haven to help the local dollar outperform regional peers. The Singapore dollar has slipped 0.4% since the start of the Iran conflict, yet it continues to fare better than regional peers like the Malaysian ringgit and the Philippine peso. Singapore Bonds Surge Past Treasuries on Liquidity, Haven Demand The currency’s 30-day correlation with the yuan has risen to 0.90 since the start of the Iran war from around 0.6 at the end of February. Meanwhile, its link to the Bloomberg Dollar Spot Index stands at -0.94, the most negative among emerging Asian peers. As the dollar index has already fallen nearly 2% this month on hopes for a conflict de-escalation, further declines may provide an additional boost to the Singa...
Data assessed from 17 clinical trials of anti-amyloid drugs found no ‘meaningful effect’ on cognitive decline Drugs that have been hailed as a gamechanger for the treatment of Alzheimer’s disease make no noticeable difference to patients, according to an extensive review. The analysis of clinical trials in people with mild cognitive impairment or mild dementia found that the effects of anti-amyloi...
Data assessed from 17 clinical trials of anti-amyloid drugs found no ‘meaningful effect’ on cognitive decline Drugs that have been hailed as a gamechanger for the treatment of Alzheimer’s disease make no noticeable difference to patients, according to an extensive review. The analysis of clinical trials in people with mild cognitive impairment or mild dementia found that the effects of anti-amyloid drugs on cognition and dementia severity over 18 months were “trivial”, with improvements in functional ability “small at best”. Continue reading...