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13.05.26 - 09:30
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Nippon Steel Corp Full Year Income Retreats (AFX)
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TOKYO (dpa-AFX) - Nippon Steel Corp (NISTF) announced a profit for full year that Dropped, from the same period last yearThe company's earnings came in at JPY17.158 billion, or JPY3.28 per share. ......
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13.05.26 - 05:57
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Israel Sent Iron Dome & Troops To UAE During Iran War: Amb. Huckabee Confirms (ZeroHedge)
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Israel Sent Iron Dome & Troops To UAE During Iran War: Amb. Huckabee Confirms
In a very surprising revelation, the Israelis supplied UAE with advanced anti-air defense systems as it came under attack from Iran during Operation Epic Fury. More interesting is that it even sent IDF troops top operate the systems.
This is according to no less than two top Trump administration diplomats. First, US Ambassador to the United Nations Mike Waltz was the first government official to publicly confirm that Israel's Iron Dome missile defense system was used to shoot down Iranian missiles targeting UAE.
via Associated Press
Waltz revealed the information at an event hosted by the Israeli Mission to the UN in New York. "We saw the UAE make use of the Iron Dome provided to it by Israel," the Israel Hayom daily cited Waltz as saying.
The UAE had been heavily targeted by Iran - more than any other regional Gulf state, with Kuwait also being a heavily targeted nearby country sitting very close to the ...
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13.05.26 - 00:36
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Market ′Yet to Fully Experience′ Aluminum Shortfall from Iran, Says Timna Tanners (Bloomberg)
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Shortfalls could persist longer than current expectations and drive up the price of aluminum as an impact of war with Iran says Timna Tanners, managing director of equity research for Wells Fargo. Tanners talked about the different impacts of the war on commodity prices, including copper which neared record highs on Tuesday due to a rise in demand from China and fears about supplies of sulfur in the Mideast. (Source: Bloomberg)...
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12.05.26 - 08:06
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British Steel nationalisation: what went wrong, and what happens now? (The Guardian)
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Keir Starmer's plan for full state ownership marks latest chapter in Scunthorpe plant's troubled historyFull nationalisation of British Steel expected in king's speechNils Pratley: More questions than answers on the futureFour queens – blast furnaces named after Anne, Bess (Elizabeth), Victoria and Mary – loom over the British Steel works at Scunthorpe. Within days the queens could be under public ownership, after Keir Starmer on Monday promised legislation to nationalise the plant.“Strong nations in a world like this need to make steel,” Starmer said on Monday in a speech. The prime minister was hoping decisive action would fend off challenges to his leadership. Continue reading......
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