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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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The Pakistan Stock Exchange (PSX) 100-Index concluded Friday with a bearish trend, experiencing a loss of 124.26 points, indicating a negative change of 0.19%. The index closed at 64,514.90 points compared to the previous trading day's closing at 64,639.16 points. Throughou...
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The Saudi stock market is poised to achieve its highest annual closing level in 18 years, with the Tadawul All Share Index (TASI) rising by approximately 13.5% since the beginning of 2023 until the year's end. The market successfully reversed last year's losses of 7.1%, aiming...
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