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Japan imported 30.85 million barrels of Saudi crude oil in February, accounting for 45.8% of its total oil imports of 67.3 million barrels, with Arab countries supplying 97.3% of the total. The UAE, Kuwait, Qatar, and Oman were key contributors, while imports from Iran and Russia remained banned.In a separate political development, Japanese Communist Party lawmaker Daimon Mikishi urged the government to direct the Government Pension Investment Fund to cease investments in Israeli military-related companies, citing humanitarian concerns amid ongoing conflicts. Welfare Minister Fukuoka Takamaro stated that investment decisions are made by GPIF's commissioned companies, emphasizing the fund's purpose to benefit the insured.
Elbit Systems Ltd. operates across various segments, including Aerospace and Cyber, and recently reported a quarterly earnings per share of $2.66, exceeding estimates. The company announced a dividend increase to $0.60 per share, with a payout ratio of 27.72%. Despite a Hold rating from analysts, institutional investors like Charles Schwab have increased their stakes in the company.
Zurcher Kantonalbank increased its stake in Elbit Systems Ltd. by 73.8% in Q4, owning 6,185 shares valued at $1.62 million. Other investors also acquired stakes, with hedge funds holding 17.88% of the company. Elbit's stock opened at $369.26, with analysts recently downgrading its rating from "strong-buy" to "buy."
Argentine President Javier Milei has pledged to support a US Senate investigation into Credit Suisse's historical ties to former Nazi officials. This follows allegations that the bank's predecessor hosted accounts for Nazis who fled to Argentina post-World War II. Despite Credit Suisse's previous findings denying these claims, new evidence suggests potential links, prompting Milei to open archives related to the exfiltration of Nazi criminals to South America.
A rally in Lausanne demanded the cessation of investments by UBS and the Swiss National Bank in Israeli arms manufacturer Elbit Systems, highlighting Switzerland's complicity in ongoing violence against Palestinians. Protesters condemned the banks for profiting from war and called for an end to military collaboration with Israel, citing the humanitarian crisis in Gaza and the significant investments made by Swiss financial institutions in companies linked to war crimes. The event was marked by confrontations with pro-Israel groups, underscoring the tensions surrounding the issue.
Acts of vandalism targeting six UBS branches in Geneva, claimed by a pro-Palestinian antifa group, have sparked varied reactions among political leaders. While some condemn the actions as unacceptable, others suggest discussing the dissolution of extremist groups. The incidents reflect rising tensions surrounding the Israeli-Palestinian conflict, with calls for stronger responses to such acts of vandalism.
UBS branches in Geneva were vandalized with slogans supporting Palestine and condemning the bank's investments in Israeli arms manufacturer Elbit Systems, which has seen a significant increase in shares. The actions reflect ongoing resistance against the Israeli state's actions in Palestine, highlighting UBS's role in profiting from conflict and the complicity of the Swiss government. Calls for a boycott of UBS and support for Palestinian resistance continue as the situation remains dire.
Elbit Systems Ltd.
Companies
| Symbol | ESLT |
| Name | Elbit Systems Ltd. |
| Currency | USD |
| Sector | Industrials |
| IndustryGroup | Capital Goods |
| Industry | Aerospace & Defense |
| Market | NASDAQ Global Select |
| Country | Israel |
| State | |
| City | Haifa |
| Zipcode | 3100401 |
| Website | http://elbitsystems.com |
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Japan's February oil imports heavily reliant on Saudi and UAE supplies
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