Castle Journal - Nadeemy Haded

Castle Journal - Nadeemy Haded

Monday, 30 September 2019 16:24

Washington sets date for "deal of the century"


The US ambassador to Israel, David Friedman, announced that the peace plan known as the 'deal of the century' will be announced before the end of 2019.

`` I am very confident that it will be announced in 2019.I don't want to say in a week or a month, but we are very close to the finish line, '' Friedman said.

Israeli Prime Minister Benjamin Netanyahu said before the last election that US President Donald Trump's peace plan would be published within days.

"We want to publish it in an environment where any government can interact with the plan. We want to deal with an existing government so that it is in a position to interact, respond and talk to us about it," Friedman told the paper.

Asked why the US administration had developed such a plan in the light of the previous Palestinian rejection, Friedman said: "I am not pessimistic about the Palestinian reaction even though we are prepared for that possibility. I think the world is hungry for a proposal that offers a realistic solution to the 100-year-old conflict or more." ".

Responding to calls by some for the plan to be published now in anticipation of Trump's re-election, Friedman said: "We at the Trump administration are not focusing at this stage on delivering anything prematurely because we still have a lot of time."

The US envoy to the peace process, Jason Greenblatt, revealed on September 20 that the administration of President Donald Trump is hesitant about the possibility of publishing its peace plan for now, given the uncertainty surrounding the efforts to form the new Israeli government.

Source: The Jerusalem Post

Monday, 30 September 2019 16:23

World leaders bid farewell to Jacques Chirac


Some 30 foreign leaders, including Russian President Vladimir Putin, arrived in Paris on Monday to attend the funeral of the late President Jacques Chirac, who died last week at the age of 86.

A military funeral for Chirac takes place at the Hotel des Invalides in central Paris, where he is shed for a farewell look before being transported in a funeral procession to the church of Saint-Sulpice.

There, the guest heads of state and government will join prominent French figures to attend the funeral and French President Emmanuel Macron will later host the leaders for lunch at the Elysee Palace.

The Elysee Palace said leaders attending the ceremony included German President Frank-Walter Steinmeier, Lebanese Prime Minister Saad Hariri and European Commission President Jean-Claude Juncker.

Chirac will be buried at the Montparnasse cemetery in Paris next to his daughter Lawrence, who died in 2016.

The French praise Chirac as a leader who has cemented France's role on the world stage and for opposing the 2003 invasion of Iraq, tempering his condemnation after he stepped down from power.

Source: Reuters

Monday, 30 September 2019 16:19

'Misty' trade war is pushing gold prices down

Gold prices fell on Monday after uncertainty about the US-China trade war prompted some investors to turn to the safe dollar, putting pressure on assets denominated in the US currency.

Palladium, which is used to stimulate the car industry to a new record high amid expectations of a shortage of supply this year, which contributed to exceed the level of $ 1,700 for the first time.

Spot gold fell 0.4 percent to $ 1,490 an ounce by 07:43 GMT, after prices hit $ 1486.60 in the previous session, the lowest level since Sept. 18.

The yellow metal in futures trading in the United States fell 0.6 percent to $ 1496.60 an ounce, according to "Reuters".

Stock markets in Europe and Asia, including China, have stabilized, ignoring reports that the US administration is considering deregulating Chinese companies from US stock exchanges.

Monica Crowley, a Treasury Department official, was quoted by Bloomberg as saying on Saturday that the White House was not considering such a move at the moment, after Reuters reported on Friday that the administration was considering the measure.

In other precious metals, palladium rose 0.8 percent to $ 1,694.85 an ounce after hitting a record high of $ 1,700.71 earlier in the session.

Silver fell more than 1 percent to $ 17.33 an ounce, and platinum fell nearly 1 percent to $ 929.77 an ounce.

Source: Reuters

Suicide bombings on Monday, adopted by the "Al Shabaab" Somali, targeted a US military base in southern Somalia.

According to witnesses, flames were seen emanating from the military site of US units in the town of Baldokli northwest of the capital Mogadishu in the south of the country, without reporting casualties, while Al-Shabaab claimed responsibility for suicide bombings

targeting al-Qaeda.

As reported, "Reuters" targeting an Italian military convoy on Monday in Somalia, without indicating any casualties, while the Italian Defense Ministry said it was investigating the incident.

Source: Reuters

Monday, 30 September 2019 16:14

Oil prices fall due to trade war

NEW YORK (Reuters) - Oil prices fell on Monday as China's economic outlook remained weak, even as manufacturing data improved, as the ongoing trade war with the United States weighed on demand growth at the world's top crude oil importer.

By 06:32 GMT, Brent crude futures were down 20 cents at $ 61.71 a barrel, while US West Texas Intermediate crude futures were down 3 cents at $ 55.88 a barrel.

Data from the National Bureau of Statistics showed that the official PMI rose to 49.8 in September, slightly better than expected and up from 49.5 in August, but remained below the 50-point mark between monthly growth and contraction.

Brent is set to end September, up 2.1 percent, the first month-on-month increase since June, as prices were supported by an unprecedented attack on two Saudi oil facilities on September 14 that cut the kingdom's output by half.

WTI is set to end the month up 1.4 percent.

Source Sky News


A private plane carrying Cyprus President Nicos Anastasades and his entourage was forced to make an emergency return and land at New York airport.

Sigma said the Cypriot president was returning home after addressing the UN General Assembly in New York.

She noted that the plane had to return to the airport to take off, due to an emergency technical failure.

 The television reported that the plane landed safely at about 1:40 am Cyprus time, at the airport "John F. Kennedy" International.

 In detail, there was a problem with the windshield, during the flight, and the pilot decided not to risk, and return to New York for safety considerations.

 Source: RIA Novosti

BEIJING (Reuters) - Chinese companies are facing many difficulties due to trade disputes between Washington and Beijing, Chinese Commerce Minister Zhong Shan said on Sunday.

"Trade faces unprecedented challenges, external and domestic," Chan told a news conference in Beijing.

The Chinese official said his country would expand imports and measures to stabilize trade would yield positive results, without giving details.

A new round of high-level trade talks between the United States and China, the world's two largest economies, is expected to be held in Washington on Oct. 10-11.

The administration is considering new radical measures to put financial pressure on Beijing, including canceling the listing of Chinese companies on US stock exchanges.

Sources told Reuters the move would be part of a broader effort to curb US investment in China, partly because of growing security concerns about its activities.

The Chinese foreign minister said Friday that tariffs and trade disputes could push the world into recession, and Beijing was committed to resolving it in a calm, rational and cooperative way

Source agencies

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