Latest news with #Meir
Business Times
09-07-2025
- Business
- Business Times
Trump's 50% tariff shocker stokes copper market mayhem
[SINGAPORE] Copper prices have reacted furiously after US President Donald Trump stunned markets with a 50 per cent tariff on copper imports – a 'watershed moment' that sent US futures to record highs, roiled London and Shanghai contracts, and left traders nonplussed. New York-listed copper futures spiked as much as 17 per cent after the announcement on Tuesday (Jul 8) as traders scrambled to lock in prices ahead of the anticipated tariff. Meanwhile, London and Shanghai futures declined more than 1 per cent, reflecting expectations of reduced US demand. The surge in US copper prices was however short-lived, given the lack of clarity on how and when the tariff would be implemented. US officials alluded to late July or early August as the start date. Citi Research expects an official confirmation of a 50 per cent rate within weeks and implementation within 30 days. Marex's senior analyst Edward Meir said that the tariff could come into effect much later than the official hints, given how critical copper is to the US economy. 'A 50 per cent tariff on copper will be a massive hit for the average US consumer,' he noted. In a report, Citi said: 'We think this is a watershed moment for the copper market in 2025 as imminent flagged tariff implementation should abruptly close the window for further significant US-bound copper shipments (possibly for the rest of 2025).' Meir added that Chile, the single biggest copper supplier to the US, will 'certainly make a strong and emphatic argument to get this rate lowered', especially given that Chile is one of the few countries that actually runs a trade deficit with the US. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up Multiple factors at play Marcus Garvey, Macquarie's head of commodities strategy, noted that the impact will hinge not just on the tariff rate, but more heavily on the details, such as which types of copper the levy applies to and whether there will be any grace period before it is implemented. 'Ultimately, we think a 50 per cent tariff is unlikely to be sustained. Nevertheless, we would not expect the full tariff to be priced in because the excess inventories in the US mean marginal spot flows would not need to be incentivised by the Chicago Mercantile Exchange (CME) and London Metal Exchange (LME) price spread,' he added. After Trump's announcement, the price spread between the Comex and LME copper futures skyrocketed: for the October delivery month, the arbitrage soared to almost US$3,000 per tonne. Citi said the Comex-LME arbitrage is likely to price in a much lower effective rate than 50 per cent, due to the recent surge in US copper inventories and the expectation that major exporters to the US will eventually secure partial exemptions or reduced tariffs. Marex's Meir noted that some copper traders who had held back deliveries to the US could benefit from the market turmoil. Although an estimated 400,000 to 500,000 tonnes of copper have been imported into the US this year, only about half has been delivered to the CME. 'A good portion of this metal was possibly held back until the actual announcement was made. Now that it has, we would not be surprised to see the pace of deliveries into the CME pick up,' Meir added. Thurlestone Shipping's freight analyst Lennon Lim noted on Wednesday that copper shipments to the US were as per normal. He expects spot demand for shipments from Chile and Peru to the US Gulf Coast to remain supported in the near term, but for the volumes to taper off after the tariff enforcement. While the US accounts for around 2 per cent of the total destination share of copper cargoes tracked, the cargoes would likely be redirected to China or Japan – which together account for approximately 70 per cent of destination share – once the tariff is realised, he added.
Middle East Eye
09-07-2025
- Middle East Eye
Israeli soldier vows to 'avenge, burn, rape' after five soldiers were killed in Gaza
Soldiers from Israel's Netzach Yehuda Battalion have reportedly posted graphic calls for revenge on social media following the killing of five members in Gaza on Monday by Palestinian resistance. In one Instagram story, a wounded soldier shared images of two artillery shells inscribed with the names of his fallen comrades. The caption read: 'WE WILL AVENGE, WE WILL BURN, WE WILL RAPE.' Another post showed blood stains—said to be from the dead soldiers—smeared on trousers and inside a vehicle. 'Your blood has not been spilled for nothing. WE WILL AVENGE!!!' the caption said. In a separate post, another soldier wrote: 'Let me with one blow get revenge on Palestine – may their name be erased – for my two eyes.' One clip showed battalion troops singing and dancing to a controversial revenge anthem titled Remember Me, often associated with far-right Israeli groups. Photos circulating online also show graffiti, reportedly in Gaza, reading: 'We've come to take revenge!!! For the memory of Meir, Moshe, Noam, Binyamin. We shall rise, fight and win,' in reference to the five soliders killed. Another image shows shells marked with the names of the five killed soldiers and the word 'REVENGE!' along with a hand gesture emoji meaning 'you just wait...'. The Netzach Yehuda unit, already under international scrutiny for its conduct, has been accused of several abuses during Israel's assault on Gaza. Middle East Eye could not independently verify the posts, however the account reporting the claims is known to regularly document Israeli war crimes in Gaza.
Hans India
14-06-2025
- Health
- Hans India
How healthy habits improve overall body: Study
People can improve their health through dietary and lifestyle changes even if they do not lose weight, according to an international study. The research, conducted by the universities of Ben-Gurion (Israel), Harvard (US), and Leipzig (Germany), focused on individuals described as 'weight loss resistant' -- those who adopt healthy habits but struggle to shed pounds, Xinhua news agency reported. 'We have been conditioned to equate weight loss with health, and weight loss-resistant individuals are often labeled as failures,' said lead author Anat Yaskolka Meir, postdoctoral research fellow in the Department of Epidemiology at Harvard Chan School. 'Our findings reframe how we define clinical success. People who do not lose weight can improve their metabolism and reduce their long-term risk for disease. That's a message of hope, not failure,' Meir added. Published in the European Journal of Pr eventive Cardiology, the study challenges the long-standing belief that weight loss is the primary sign of a successful diet. Researchers found that even participants who did not lose weight showed measurable improvements in key health indicators. The study tracked 761 adults between 18 to 24 months. All participants followed lifestyle changes without taking supplements or medications and were assigned to healthy diets. Participants also received free gym access and exercise guidance. By the end of the trial, approximately one-third of the participants had not lost weight, despite closely following the programme. However, they showed improvements in metabolic health, including higher levels of 'good' HDL cholesterol, lower levels of leptin (a hormone primarily produced by fat cells), and reductions in abdominal fat, confirmed through MRI scans. Researchers also identified 12 genetic markers that may influence whether a person is likely to lose weight through lifestyle changes, an insight that could help personalise future diet plans. The findings suggest that healthy eating and exercise can provide significant health benefits even without weight loss, including reduced risk of heart disease and diabetes, the researchers said.
Time of India
10-06-2025
- Health
- Time of India
Mirror Lights: Healthy lifestyle can boost metabolic health even without weight loss: Study
metabolic health People can improve their health through dietary and lifestyle changes even if they do not lose weight, according to an international research, conducted by the universities of Ben-Gurion (Israel), Harvard (US), and Leipzig (Germany), focused on individuals described as 'weight loss resistant' -- those who adopt healthy habits but struggle to shed pounds, Xinhua news agency reported.'We have been conditioned to equate weight loss with health, and weight loss-resistant individuals are often labeled as failures,' said lead author Anat Yaskolka Meir, postdoctoral research fellow in the Department of Epidemiology at Harvard Chan School.'Our findings reframe how we define clinical success. People who do not lose weight can improve their metabolism and reduce their long-term risk for disease. That's a message of hope, not failure,' Meir in the European Journal of Preventive Cardiology, the study challenges the long-standing belief that weight loss is the primary sign of a successful diet. Researchers found that even participants who did not lose weight showed measurable improvements in key health study tracked 761 adults between 18 to 24 months. All participants followed lifestyle changes without taking supplements or medications and were assigned to healthy also received free gym access and exercise guidance. By the end of the trial, approximately one-third of the participants had not lost weight, despite closely following the they showed improvements in, including higher levels of 'good' HDL cholesterol, lower levels of leptin (a hormone primarily produced by fat cells), and reductions in abdominal fat, confirmed through MRI also identified 12 genetic markers that may influence whether a person is likely to lose weight through lifestyle changes, an insight that could help personalise future diet plans. The findings suggest that healthy eating and exercise can provide significant health benefits even without weight loss, including reduced risk of heart disease and diabetes, the researchers said.
Fashion United
22-04-2025
- Business
- Fashion United
Sportswear brand Lululemon opens first two stores in Antwerp and Brussels
The Canadian sportswear brand Lululemon is set to establish itself on Belgian high streets. Lululemon announced in a press release that it is opening its first two stores in Antwerp and Brussels this summer. In Antwerp, Lululemon has chosen Meir as its location. The sportswear brand will offer products for men and women in various categories - from yoga to running, and from tennis to golf. After the Antwerp store, the opening in the Brussels shopping district of Toison d'Or will follow. Both stores will also serve as meeting places. Community events will be organised regularly. The store openings in Antwerp and Brussels are also part of Lululemon's licensing and distribution agreement with the Arion Group. This article was translated to English using an AI tool. FashionUnited uses AI language tools to speed up translating (news) articles and proofread the translations to improve the end result. This saves our human journalists time they can spend doing research and writing original articles. Articles translated with the help of AI are checked and edited by a human desk editor prior to going online. If you have questions or comments about this process email us at info@
