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  • Israel is going into a second nationwide lockdown over Covid-19

    Israel has approved a second general lockdown as coronavirus cases surge across the country. The lockdown, which is expected to start Friday afternoon, will see the country return to many of the same severe restrictions of the first lockdown back in April. Schools, restaurants (except delivery), and entertainment venues will all close, as well as other businesses, for an initial period of three weeks. The public sector will operate with a limited workforce, while private sector businesses can operate as long as non-employees do not enter the workspace.

  • BP Says the Era of Oil-Demand Growth Is Over

    Oil consumption may never return to levels seen before the coronavirus crisis took hold, BP said in a report on Monday. Even its most bullish scenario sees demand no better than “broadly flat” for the next two decades as the energy transition shifts the world away from fossil fuels.

  • Joe Biden: There’s a smarter way to be tough on Iran (opinion) – CNN

    This past month has proven that Trump's Iran policy is a dangerous failure. At the United Nations, Trump could not rally a single one of America's closest allies to extend the UN arms embargo on Iran.

  • Suspected Israeli strikes kill 10 pro-Iran fighters in Syria: monitor

    Suspected Israeli air strikes in eastern Syria on Monday killed 10 pro-Iran fighters, most of them Iraqis, a war monitor said. The raids against militant positions south of the town of Albu Kamal in Deir Ezzor province took the lives of eight Iraqi and two Syrian combatants, the Syrian Observatory for Human Rights said.

  • Dozen of 2,500-year-old untouched mummies discovered in Egypt

    The trove of sarcophagi was uncovered last week during an excavation in the Saqqara necropolis, an ancient burial ground about 20 miles south of Cairo, Egypt’s Ministry of Tourism and Antiquities said.

  • Trump announces ‘peace deal’ between Bahrain and Israel

    Bahrain last week said it would allow flights between Israel and the UAE to use its airspace.

  • Iran executes young wrestler despite global outcry

    The World Players Association said he had been "unjustly targeted" for taking part in the protests, and called for Iran's expulsion from world sport if it went ahead with the execution.

  • Gulf International Bank to Hire Advisers for Dollar Bond

    Gulf International Bank BSC, whose main shareholder is Saudi Arabia’s sovereign wealth fund, hired firms including HSBC Holdings Plc to arrange its first international bond sale in three years, two people with knowledge of the plan said. Standard Chartered Plc and First Abu Dhabi Bank PJSC are among other advisers chosen for the debt sale, said the people, asking not to be identified because the information is not public yet. The bonds are likely to be offered as soon as this week, the people said.

  • There’s No Easy Fix to OPEC’s Whack-A-Mole Problem

    Rifts have always existed among a membership that for most of the group’s life has ranged between 12 and 15 very different countries, whose only unifying characteristic has been an economic over-dependence on oil exports.

  • Vodafone Remains in Talks to Sell Stake in Egypt Unit to Saudi Arabia’s STC

    Vodafone Group Plc said it remains in talks to sell its Egyptian business to Saudi Telecom Co. after failing to finalize the terms before a deadline. Vodafone “remains in discussions with Saudi Telecom to finalize the transaction in the near future,” and “now looks to Saudi Telecom and Telecom Egypt to find a suitable agreement to enable the transaction to close,” the U.K.-based mobile carrier said in a statement.