JUST IN: 🇯🇵 Japan's stock market suffers worst losses in history.
— BRICS News (@BRICSinfo) August 5, 2024
The Nikkei 225 stock index closed at 31,316.62 points today, dropping by 4,568.02 points or about 12.7%.
This is the largest single-day point drop in the index's history, surpassing the previous record set on… pic.twitter.com/vpzmzSpOM3
BreakThrough News Saudi Arabia has $142 billion in American weapons. Yemen is the poorest country in the Arab world. So why can't Riyadh win? Last month, Ansar Allah seized Mokha and Perim Island, and with them the Bab el-Mandeb Strait, cutting off Saudi Arabia's alternative oil route around the closed Strait of Hormuz. Mohammed bin Salman begged Trump for US airstrikes, then backed "Dawn of Yemen," a 100-warplane offensive aimed at Sanaa, as crude oil again tops $100 a barrel. Veteran war correspondent and analyst Elijah Magnier joins Rania Khalek and Zoe Alexandra on the Red Sea front, as nearly 1,000 Yemenis have been killed and 184,000 displaced since fighting resumed. But Magnier argues Ansar Allah – often referred to in US media as the Houthis – hasn't lost much ground. He explains why Saudi warplanes are largely powerless in Yemen's mountainous terrain, and why he sees the movement advancing on Taiz and Marib. And Magnier breaks down how Hormuz and Bab ...
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