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Houthis Say Tugs Can Tow Away Stricken Red Sea Oil Tanker

(Bloomberg) -- Yemen’s Houthi militants said they’ll let tugboats tow away an oil tanker that they attacked last week in the Red Sea, a step that might help avert an environmental disaster.Most Read from BloombergTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsIntergenerational Housing Could Help Older Adults Combat LonelinessAs Rural Hospitals Shutter Maternity Wards, Urban Ones FollowA Loud Warning From the Past Ab

Houthi video shows the Yemeni rebels planted bombs on tanker now threatening Red Sea oil spill

Yemen's Houthi rebels released footage on Thursday showing their fighters boarded and placed explosives on a Greek-flagged tanker, setting off blasts that put the Red Sea at risk of a major oil spill. The vessel was abandoned earlier, after the Houthis repeatedly attacked it. In the video, the Iran-backed Houthis chant their motto as the bombs detonated aboard the oil tanker Sounion: “God is the greatest; death to America; death to Israel; curse the Jews; victory to Islam.”

Dollar Eyes 2024’s Biggest Monthly Loss as Fed Signals Cut

(Bloomberg) -- The proximity of the Federal Reserve’s shift to interest-rate cuts is battering the US dollar this month, sending the world’s reserve currency slumping and igniting rallies in major peers around the globe.Most Read from BloombergTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsIntergenerational Housing Could Help Older Adults Combat LonelinessAs Rural Hospitals Shutter Maternity Wards, Urban Ones Follow

Treasury Yields Rise After Resilient Data Suggests Measured Fed

(Bloomberg) -- US Treasury yields climbed after resilient economic reports prompted traders to slightly trim their expectations for the scope of Federal Reserve easing this year.Most Read from BloombergTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsIntergenerational Housing Could Help Older Adults Combat LonelinessAs Rural Hospitals Shutter Maternity Wards, Urban Ones FollowA Loud Warning From the Past About Living