Gold Hovers Near 1-1/2 Month Low

The 18 Biggest Battles of World War II

More than 75 years after the final shot was fired, the human cost of World War II still defies human comprehension. Estimates range from 60 million to 80 million people killed, most of them civilians. The Soviet Union suffered the most, losing as many as 27 million people by some estimates. To place the carnage in context, these staggering losses occurred over just a six-year period, 1939 to 1945, nowhere close to the longest wars fought by mankind. These are the longest wars in history.

Many of the battles on the list are conflicts between the Soviet Union, one of the Allied powers, and Nazi Germany, the main Axis power. These battles were characterized by the size of military resources involved and the significant civilian population loss. 

The fog of war always complicates exact casualty totals. The estimates are the result of historians patching together primary documents over many years. 

24/7 Wall St. has compiled a list of the largest battles of World War II based on the number of casualties, which includes deaths and wounded. When available, we included civilian casualties. To create our list, we reviewed material from sources such as the Imperial War Museum in London, World War II battle database, and more.

Click here to see the biggest battles of World War II

What is petrol syphoning and how can I stop it happening?

WITH panic buyers flocking to petrol stations across the UK – syphoning is on the rise.

But what is fuel syphoning and how can you prevent it from happening? Here's all you need to know…

What is fuel syphoning? 

Fuel syphoning is the act of manually emptying the contents of your car's fuel tank.

It is done using your mouth, a plastic tube, and the power of suction and gravity.

It is commonly used by criminals to steal petrol and diesel from cars, motorbikes, vans and trucks.

But knowing how to siphon gas isn't just for petty criminals – it is also used to transfer fuel with the permission of the car owner from one vehicle to another.

How can I stop it happening? 

Here are some small changes you can make to prevent your fuel from being stolen.

Always park in well-lit locations.

Park in your driveway whenever possible and if you have to park in the street make sure you’re under street lighting.

Call police if you see suspicious behaviour in your neighborhood.

Position your car so the fuel door is seen from the main road.

There are also things you can purchase to prevent theft – such as an anti-syphoning device which can be attached to your fuel tank.

What should I do if it does happen? 

If your fuel is stolen you should report the incident to the police.

Ask your neighbours if they have any CCTV or doorbell camera footage of the incident.

    Oil Extends Gains For Sixth Day On Supply Concerns

    Oil prices extended gains for the sixth day running Tuesday amid tighter supplies and signs of a growing global demand.

    Benchmark Brent crude futures rose 69 cents, or 0.9 percent, to $79.41 a barrel, while West Texas Intermediate Crude oil futures were up 80 cents, or 1.1 percent, at $76.25.

    Investors fear that supply disruptions from hurricanes are persisting much longer than thought as demand picks up in parts of the world, thanks to easing of pandemic restrictions.

    African oil exporters such as Nigeria and Angola may struggle to raise output to production quotas set by the OPEC amid underinvestment and maintenance problems.

    Barclays today raised its 2022 Brent crude price forecast by $9 to $77 per barrel saying that continued recovery in demand could widen a ‘persistent’ supply shortfall.

    “OPEC+ tapering would not plug the oil supply gap through at least Q1 2022 as demand recovery is likely to continue to outpace this, due partly to limited capacity of some producers in the group to ramp up output,” the bank said in a note.

    Agnico Eagle Mines, Kirkland Lake Gold Enter Merger Agreement – Quick Facts

    Agnico Eagle Mines Limited (AEM.TO,AEM) and Kirkland Lake Gold Ltd. (KL.TO, KL) announced they have entered into an agreement to combine in a merger of equals. Kirkland shareholders will receive 0.7935 of an Agnico Eagle common share for each Kirkland share held. Existing Agnico Eagle and Kirkland Lake Gold shareholders will own approximately 54% and 46% of the combined company, which will continue under the name, Agnico Eagle Mines Limited.

    Following completion of the merger, the shares of the new Agnico Eagle will continue to trade on the Toronto Stock Exchange and the NYSE. Kirkland Lake Gold’s shares will be de-listed.

    Gold Hovers Near 1-1/2 Month Low

    Gold prices slid to 1-1/2 month low on Tuesday as the dollar tracked U.S. Treasury yields higher, denting demand for non-interest-bearing bullion.

    Spot gold was down 0.6 percent at $1,739.62 per ounce while U.S. gold futures were down 0.7 percent at $1,739.55.

    The dollar rose and the two-year U.S. Treasury yield surged to 18-month highs as investors bring forward expectations for Fed policy tightening.

    Fed Governor Lael Brainard said on Monday that labor-market conditions may “soon” warrant a reduction in the pace of the central bank’s bond purchases.

    New York Fed President John Williams also noted that moderating bond-buying may soon be warranted.

    Fed Chair Jerome Powell is due to appear today with Treasury Secretary Janet Yellen at an oversight hearing on the government’s massive support programs passed to deal with the COVID pandemic.

    Also, European Central Bank President Christine Lagarde is due to deliver opening remarks at the 2021 ECB Forum on Central Banking, via satellite at 8 am ET.

    In remarks prepared for delivery to the Senate Banking Committee, Power said that inflation in the U.S. is elevated and could persist in the coming months before dropping back towards the Fed’s long-run 2 percent goal.