Paris protests turn violent after petrol bomb attack on police
French prosecutors have opened an attempted-murder investigation after a petrol bomb was thrown at police during protests in Paris on Saturday. The incident came as the third weekend of demonstrations in the French capital and other parts of France turned violent in some areas. An officer was set alight and suffered second-degree burns, according to the prosecutor's office.Investigators are working to identify those responsible for the attack, and no suspects are in custody. The prosecutor's office said the case concerns the attempted murder of persons vested with public authority. It said explosive devices were thrown at around 15 gendarmes and... [Continue Reading]
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Russian strikes hit Ukraine energy infrastructure as cross-border attacks intensify
Russian strikes damaged energy infrastructure in four regions of Ukraine overnight, leaving hundreds of thousands of households without electricity, according to President Volodymyr Zelenskyy. The attacks came as the war saw another exchange of strikes on energy and industrial targets, with Russia also opening a terrorism case over a drone attack in its Nizhny Novgorod region. The latest developments underline how both sides continue to target infrastructure with military and civilian significance.Zelenskyy said the intensity of the attacks was very high and accused Russia of trying to exploit shortages of ballistic missile interceptors. He said the strikes hit power infrastructure... [Continue Reading]
Explosions heard in Riyadh as Saudi civil defence warns of hostile aerial threat
Explosions were heard in Riyadh on Thursday after Saudi authorities warned the capital was under a hostile aerial threat, according to reports from the city. At least eight blasts were heard by reporters in the Saudi capital, while civil defence alerts were also issued for nearby Kharj and the southern city of Najran before being lifted shortly afterwards. The incident came amid a renewed exchange of attacks between the Houthis and Saudi-backed forces in Yemen and across the border.The Houthis said 12 people were killed and three others were critically injured in strikes on residential areas in western Yemen, which... [Continue Reading]
EU states push back on Brussels plan to tax gas more than electricity amid energy cost debate
More than a dozen EU countries have pushed back against a European Commission proposal that would make electricity cheaper than gas through preferential taxation. The dispute was aired at a meeting of EU energy ministers in Luxembourg on Thursday, where several governments said Brussels was overstepping its powers. The plan is part of the Commission's wider effort to encourage households and businesses to switch away from fossil fuels and toward electricity.Germany, Italy, Malta, the Czech Republic, Bulgaria, Slovakia, Finland, Romania, Croatia, Poland, Latvia, Estonia and Hungary were among the countries calling for the measure to be dropped. They argued that... [Continue Reading]
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Australia regulator warns Santos over Barossa project non-compliance
Australia's offshore petroleum regulator has warned Santos over continued non-compliance at its Barossa gas project, after inspections found concerns about fuel use and gas burn-off. The warning relates to the multi-billion-dollar development offshore from Darwin, where gas from the Barossa facility is sent to Santos's LNG plant on Darwin Harbour. The regulator said the issues had still not been resolved after a later offshore inspection in the Timor Sea.In a letter seen by the ABC, the National Offshore Petroleum Safety and Environmental Management Authority said it had issued Santos with a warning after an inspection of its onshore gas storage... [Continue Reading]
Pakistan-Iran border trade partially resumes after weeklong suspension
Trade has partially resumed at the Pakistan-Iran border after Islamabad suspended cargo traffic through the Gabd-Rimdan and Taftan crossings on 17 October, traders and border officials said. The reopening is limited, with some older consignments now being cleared and freight moving again in both directions. However, Iranian officials say their cargo is still not getting through normally, leaving the situation unresolved.Mir Naveed Jan Kalmati, president of the Gwadar Chamber of Commerce and Industry, said trade had "partially resumed this weekend". Border officials and truck association representatives said consignments dated 16 October or earlier were being cleared first. Haji Noor Muhammad... [Continue Reading]
There Is Good in Every Bad
Power, Greed, Oil, and the Theater of Modern Geopolitics The Business Model of Power Donald Trump does not govern like a traditional politician. He governs like a negotiator who believes every geopolitical crisis is leverage, every war threat is a bargaining chip, and every market panic is an opportunity. When markets tremble, someone profits. The question is, who? Global markets react instantly to political tension. Gold rises when conflict looms. Oil spikes when instability threatens production. Stock markets collapse on fear, then rebound on reassurance. Volatility is not chaos, it is opportunity. Historically, gold has surged during major geopolitical crises,... [Continue Reading]