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Australia Supports US and UK Airstrikes Against Houthis in Yemen
Australia has expressed support for the military actions of the United States and the United Kingdom as they conducted over a dozen airstrikes against locations utilized by Iran-backed Houthi rebels in Yemen. The strikes, confirmed by US President Joe Biden, represent a substantial military response to the Houthis' ongoing campaign involving drone and missile attacks on commercial shipping in the Red Sea. Australian Defence Minister Richard Marles emphasized that the decision to carry out the airstrikes "was not taken lightly." The coordinated effort by the US, UK, and now Australia underscores the international community's concern and response to the escalating situation in Yemen, particularly regarding the Houthis' activities impacting regional security and commercial shipping.
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On Friday, shares of State Bank of India (SBI) (500112) experienced a marginal decline of 0.13%, closing at 641.85 Indian rupees. This occurred against the backdrop of an overall positive trading session for the stock market, with the S&P BSE Sensex Index (1) registering a 0.2...
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US blue-chip stocks saw one of their worst starts to the year in a decade, breaking a nine-week bull run. Despite a 0.2% gain on Friday, the S&P 500 index experienced a 1.5% loss for the shortened four-day trading week, leaving investors uncertain about the balance between pot...
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