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Tidbits, Wheat, Israel, Panama Canal, China 8/7/24

Highlights


Stock markets around the world rebounded Tuesday from Monday’s terrible losses led by Japanese stocks. After losing 12% on Monday, stocks rallied 10.23% on Tuesday for their third biggest daily gain on record.

 

The Secretary General of the Shiite Hezbollah said yesterday:

"Strikes against Israel are being prepared from Iran, Yemen and Lebanon, and they will certainly be carried out. Our joint response will be strong, sensitive and effective. We did not seek military escalation, this is an Israeli decision, their choice. Now there will be days and nights of fighting between us."

 

He claimed that the Shiite fighters possessed missiles that would allow them to destroy several Israeli military factories in less than an hour.

 

The Panama Canal Authority (ACP) increased the number of daily transits and maximum draft, bringing the waterway one step closer to normal operations following last year’s historic drought.

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