Asia stocks face rate squeeze, dollar gets the benefit

Asian shares slipped on Monday as markets were forced to price in ever-loftier peaks for U.S. and European interest rates, slugging bonds globally and underpinning the dollar near multi-week highs. Investors are braced for more challenging U.S. data including the closely-watched ISM measures of manufacturing and services, the latter being especially important following January’s startling […]

Israel-Hamas war: Bethlehem resembles a ghost town on Christmas Eve; Celebrations halted due to war

The normally bustling biblical birthplace of Jesus resembled a ghost town on Sunday, as Christmas Eve celebrations in Bethlehem were called off due to the Israel-Hamas war. The festive lights and Christmas tree that normally decorate Manger Square were missing, as were the throngs of foreign tourists and jubilant youth marching bands that gather in […]

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