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Economy

Markets Fall, Oil Prices Rise As Syria Spooks Investors

REUTERS, THE GUARDIAN (UK)

Worldcrunch

LONDON — Oil prices have risen to a five-month high, stock share prices are falling, and demand for safe-haven assets has risen amid international fears about the Syrian crisis and the anticipation of U.S. and possibly European military intervention there, Reuters reports.

After U.S. Secretary of State John Kerry said publicly that President Barack Obama was consulting with allies before deciding how to respond to the Aug. 21 chemical gas attack outside Damascus, U.S. stocks ended 0.4 percent lower Monday.

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New York Stock Exchange. Photo: Rahav Segev - Rahav Segev/ZUMA

The Guardian reports that Europe’s stock markets fell steadily Tuesday during the first two hours of trading, with the London FTSE 100 currently down almost 1%.

European shares were down 0.6 percent in early trading, and the major Asian markets all lost ground overnight. Tokyo's Nikkei closed at 0.69 percent lower, while the safe-haven yen rose broadly.

The Italian stock market, which is down 266 points, has suffered some of the most significant losses, mostly because of the instability triggered by Silvio Berlusconi’s tax fraud conviction.

Reuters video :

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Society

Shakira, Miley Cyrus And The Double Standards Of Infidelity

Society judges men and women very differently in situations of adultery and cheating, and in divorce settlements. It just takes some high-profile cases to make that clear.

Photo of Bizarrap and Shakira for their song “Shakira: Bzrp Music Sessions, Vol. 53”
Mariana Rolandi

-Analysis-

BUENOS AIRES — When Shakira, the Colombian pop diva, divorced her soccer star husband Gerard Piqué in 2022, she wrote a song to overcome the hurt and humiliation of the separation from Piqué, who had been cheating on her.

The song, which was made in collaboration with Argentine DJ Bizarrap and broke streaming records, was a "healthy way of channeling my emotions," Shakira said. She has described it as a "hymn for many women."

A day after its launch, Miley Cyrus followed suit with her own song on her husband's suspected affairs. Celebrities and influencers must have taken note here in Argentina: Sofía Aldrey, a makeup artist, posted screenshots of messages her former boyfriend had sent other women while they were a couple.

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