Daily Archive: September 19, 2017

Sep
19

Israel: ‘We have shot down Iranian-supplied Hezbollah drone’

Military sources say device took off from Damascus hours before Netanyahu is to address UN on the threat to Israel from Iran

Israel has shot down what it claims was an Iranian-supplied Hezbollah reconnaissance drone over the Syrian border only hours before a speech at the UN by the country’s prime minister, Benjamin Netanyahu, in which he is expected to warn of the growing threat from Iran and its proxies on Israel’s northern border.

The drone, which Israeli military sources claimed took off from an airfield close to the Syrian capital, Damascus, was shot down by a Patriot missile from a battery deployed near the town of Safed just north of the Sea of Galilee.

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Sep
19

Myanmar’s Suu Kyi condemns abuses in Rakhine but rights groups skeptical

NAYPYITAW (Reuters) – Myanmar leader Aung San Suu Kyi condemned on Tuesday any human rights violations in troubled Rakhine State and said anyone responsible would face the law, and that she felt deeply for the suffering of everyone caught up in the conflict there.

Sep
19

World markets at new peaks as rally continues – business live

All the day’s economic and financial news, as global markets touch new record levels ahead of Wednesday’s Federal Reserve meeting

Introduction: Markets keep doing up….

8.40am BST

MSCI’s All Country World Index, a broad measure of global shares, has hit a new record today.

It struck 486.95 for the first time, thanks to the Nikkei’s rally and last night’s Wall Street action.

8.15am BST

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.

“Investors were worried about ‘Abexit’ before, but if he calls a snap election and his ruling party wins, it would strengthen the foundations of his once-weak government base.”

$FTSE $DAX $CAC #Eurostoxx futures point lower before the European open. pic.twitter.com/GpISuuXdRG

US stock markets also continued where they left off on Friday posting new record highs as investors geared up for tomorrows Federal Reserve rate meeting and press conference, with the US central bank expected to embark on the first baby steps on the paring down of its balance sheet.

Despite recent poor US economic data there still seems to be a belief amongst some in the markets that we could see one more rate hike this year, something that may well be borne out by tomorrow’s rate dot plot projections. Whether the projections survive their exposure to the real world of the hurricane clear up of Harvey and Irma is another matter, not to mention the prospect of further hurricanes with the latest in the form of Maria as it moves towards Puerto Rico.

Related: Hurricane Maria: ‘we have lost all’ says Dominica prime minister – live

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Sep
19

Korean peninsula draws range of military drills in show of force against North Korea

BEIJING/SEOUL (Reuters) – The U.S. military staged bombing drills with South Korea over the Korean peninsula and Russia and China began naval exercises ahead of a U.N. General Assembly meeting on Tuesday where North Korea’s nuclear threat is likely to loom large.

Sep
19

South Africa’s court to hear state’s appeal against Pistorius in November

JOHANNESBURG (Reuters) – South Africa’s Supreme Court of Appeal (SCA) will hear the state’s appeal against the six-year murder sentence handed to Paralympic gold medallist Oscar Pistorius on Nov. 3, the National Prosecuting Authority (NPA) said on Tuesday.

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