Houthi squeeze on Red Sea shipping risks enormous cost to global economy 

Houthi squeeze on Red Sea shipping risks enormous cost to global economy 

The Houthi rebel group in Yemen has almost completely shut down a key shipping route in the Red Sea, costing the global economy and setting up a huge challenge for the White House.  The relentless Houthi attacks on merchant vessels and commercial boats pushed several of the world’s largest shipping companies to cancel transits through the Red Sea. Oil-producing … Read more

Russia strikes Ukraine after promising retaliation for Belgorod attack – National

Russia strikes Ukraine after promising retaliation for Belgorod attack – National

Russia launched a fresh drone assault on Ukraine on Saturday night, after promising that strikes on the Russian border city of Belgorod earlier in the day “would not go unpunished”. The Ukrainian Air Force said Sunday that it had shot down 21 of 49 drones launched by Russian forces overnight. Twenty-eight people were wounded in … Read more

Denmark’s Queen Margrethe II announces surprise abdication in annual New Year’s Eve address

Denmark’s Queen Margrethe II announces surprise abdication in annual New Year’s Eve address

Denmark’s Queen Margrethe II has announced she will abdicate the throne in an unexpected live TV announcement. She will be succeeded by her eldest son Crown Prince Frederik, married to Australian-born Crown Princess Mary. In February, she underwent a successful back surgery, which she said in her annual New Year’s Eve address contributed to her … Read more

UN chief closes tribunal investigating 2005 assassination of former Lebanese PM

UN chief closes tribunal investigating 2005 assassination of former Lebanese PM

BEIRUT – U.N. Secretary-General Antonio Guterres has closed an international tribunal that was created to investigate the 2005 assassination of former Lebanese Prime Minister Rafik Hariri, the U.N. chief’s spokesperson said Sunday. Over the years, the Special Tribunal for Lebanon held in absentia proceedings and found three members of the militant Hezbollah group … Read more

Denmark Queen Margrethe II Announces Surprise Abdication On Live TV After 52 Years

Denmark Queen Margrethe II Announces Surprise Abdication On Live TV After 52 Years

“I leave the throne to my son, Crown Prince Frederik,” she said. Copenhagen: Denmark’s Queen Margrethe II, Europe’s longest-serving monarch, will abdicate on Jan. 14 after 52 years on the throne and will be succeeded by her eldest son Crown Prince Frederik, she announced on Sunday. The 83-year-old queen, who ascended the throne in 1972, … Read more

Former aides warn Trump re-election could ‘end US democracy as we know it’ | US elections 2024

Former aides warn Trump re-election could ‘end US democracy as we know it’ | US elections 2024

The re-election of Donald Trump in 2024 could “end American democracy as we know it”, according to three women who worked for him in the White House during his chaotic term in office. All three gave testimony to the US House committee investigating Trump’s efforts to overturn his 2020 election defeat as well as the … Read more

Why own Apple stock when there are no near-term catalysts? Here are 3 key reasons

Why own Apple stock when there are no near-term catalysts? Here are 3 key reasons

Here’s our Club Mailbag email [email protected] — so you send your questions directly to Jim Cramer and his team of analysts. We can’t offer personal investing advice. We will only consider more general questions about the investment process or stocks in the portfolio or related industries. This week’s question: I joined the Club this summer … Read more

Reckitt Benckiser unit recalls possibly contaminated baby formula powder, FDA says

Reckitt Benckiser unit recalls possibly contaminated baby formula powder, FDA says

Enfimil infant formula, made by Mead Johnson Nutrition Co., sits on display in a supermarket in New York, U.S. Daniel Acker | Bloomberg News | Getty Images Baby formula maker Reckitt Benckiser’s Mead Johnson Nutrition has voluntarily chosen to recall certain batches of baby formula powder due to possible bacterial contamination, according to the U.S. … Read more