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A look at the day ahead in U.S. and global markets from Mike Dolan The first reality check on July’s jarring U.S. employment report suggests rising recession fears were overstated, allowing stocks to claw back nearly all the week’s withering losses and volatility gauges to subside to more normal levels.…
By Michael Martina and David Brunnstrom WASHINGTON (Reuters) – The United States is looking to bolster the capabilities of the Philippines to operate lawfully in its waters, a senior White House official said on Wednesday, ahead of a meeting of defense and foreign ministers of the two countries. The senior…
Two Russian submarines recently fought a torpedo duel, conducting training that involved detecting enemies, evading attacks, and working combat maneuvers.The exercises took place in the Baltic Sea, waters sometimes referred to as a “NATO lake” due to its waters being surrounded by NATO allies since Sweden and Finland ascended into…
The Houthis have scored a string of successful hits in recent weeks on commercial vessels — even sinking one of them — and demonstrated their ability to effectively strike targets with drone boats, signaling that they’re getting smarter with their attacks.Experts say these highly destructive achievements show that the Houthis…
By Jonathan Saul, Noah Browning and Mohammed Ghobari LONDON/ADEN (Reuters) – Two tankers, containing oil and toxic waste, are stuck in the Red Sea in the firing line between Western naval forces and Yemen’s Houthi militants despite repeated efforts by the United Nations to empty and move the ships to…
