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Web Summit chief resigns after Israel comments furore
The organiser of the Web Summit, one of the tech sector's leading events, announced his resignation Saturday following a backlash over his online posts following the Hamas attacks on Israel. A spokesperson for the organisation said: "Web Summit will appoint a new CEO as soon as possible, and Web Summit 2023 in Lisbon will go ahead as planned."
Israel-Hamas war: What risks face the energy sector?
The escalation of hostilities between Israel and Hamas could further strain global oil and gas supplies, already disrupted by Russia's invasion of Ukraine, experts have warned.
US budget deficit widens to $1.7 tn on lower tax revenue
The US budget deficit for the past year widened to $1.7 trillion, government data showed on Friday, in a development that could add pressure on President Joe Biden as he seeks reelection in 2024. It also comes as Biden turns to Congress for aid to Ukraine and Israel, requesting a massive $106 billion national security package on Friday.
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