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Real-time News
Market news: U.S. Middle East envoy Witkov will travel to Moscow this week after holding discussions with Ukrainian officials in Oslo.October 20th - According to The Washington Post, officials revealed on Monday that the Trump administration has not yet approved the transfer of interceptor missiles to Ukraine to defend against Russian missile and drone attacks. This comes amid a period of increasingly friendly relations between Trump and Russia, coupled with escalating criticism of Ukraine. According to a U.S. official and three other sources familiar with the matter, at least some of the Patriot air defense system interceptors were originally provided by friendly nations to Ukraine, but the transfer requires approval from U.S. Defense Secretary Peter Hegseth. Because these weapons are U.S.-made, under foreign military sales agreements, the transfer of such weapons to third parties by other countries must be approved by the U.S. government; therefore, the U.S. retains final approval authority. A Ukrainian official revealed last week that Ukraines existing stockpile of interceptor missiles is reduced to only a handful. Officials stated that Hegseth has not formally rejected the transfer request, but the necessary approval procedures have not yet been completed. Meanwhile, he continues to approve some U.S. aid to Ukraine.According to AXIOS: U.S. Defense Secretary Hergsays made a surprise visit to Israel and met with Israeli Prime Minister Netanyahu.Micro-Intelligence announced on the Hong Kong Stock Exchange that it plans to issue 37.27 million H shares for its Hong Kong listing, with an issue price range of HK$16.63/share to HK$21.46/share. Trading is expected to begin on the Hong Kong Stock Exchange on October 28.On October 20th, Qatari Deputy Prime Minister and Minister of State for Defense Abdulrahman Al Thani stated on the 19th that sustainable peace requires regional dialogue between the Gulf Cooperation Council (GCC) countries and Iran, with Pakistan and Turkey also participating, and consultations sought with international allies. The dialogue should be based on trust and non-aggression agreements, addressing the concerns of Iran and the GCC. Al Thani said that strong economic cooperation with Iran would serve as a "bridge to prevent any future conflicts in the region." He also stated that any uncertainty in the Strait of Hormuz or other straits would negatively impact global energy supplies and markets, ultimately affecting consumers.
