VENTURE CAPITAL POST

The Biden administration has approved the transfer of thousands more bombs to Israel despite global outrage over the killing of seven aid workers from the charity group World Central Kitchen by Israeli airstrike in Gaza.

After seven workers from the World Central Kitchen died in an Israeli airstrike on Tuesday, many humanitarian relief groups ceased their activities in Gaza.

Reports from journalists and social media users allege that social media firms like Meta shadowbans Palestinian content, suppressing fair reporting on the ground.

Starbucks' franchisee in the Middle East, Alshaya Group, is implementing significant job cuts at its coffee shops.

The Middle East's geopolitical instability has fueled gold price hikes, with investors anticipating a Federal Reserve rate decrease.

Nonprofit group Center for Countering Digital Hate (CCDH) claimed that Elon Musk's X is paying misinformation spreaders who "deliberately induce anger for engagement."

The Iranian-backed Houthi rebels fired missiles at two commercial vessels in the Red Sea on Tuesday, the first attacks since the US and UK launched strikes against dozens of Houthi targets in Yemen over the weekend.

President Joe Biden has issued an executive order targeting Israeli settlers who attack Palestinians in the West Bank.

Trafigura is evaluating the security risks of future Red Sea voyages following an attack on the company's Marlin Luanda oil tanker by Yemen-based Houthi rebels.

The US military launched new strikes in Yemen on Tuesday, targeting anti-ship ballistic missiles in a part of the country controlled by Houthi rebels.

Oil prices jumped 2% on Friday as the United States (US) and Britain launched air and sea strikes in Yemen against the Houthi militants.

Shipping giant Maersk has announced its readiness to resume sailing through the Red Sea following the launch of a US-led multinational naval operation.

Following a series of attacks on ships in the Red Sea by Iranian-backed Houthi militants, shipping giants Maersk and Hapag-Lloyd have rerouted their vessels, opting for the longer Cape of Good Hope route in South Africa.

Oil giant British Petroleum (BP) has temporarily halted all its tanker transits via the Red Sea after attacks on ships by Iranian-backed Houthi militants based in Yemen escalated.

Shipping giants Maersk and Hapag-Lloyd have temporarily suspended their container ship travel through the Red Sea and the Bab el-Mandeb Strait in the Middle East, citing security risks.