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Julian Assange leaves a Melbourne court after facing charges of computer hacking in 1995. WikiLeaks/ReutersUnder a global spotlightAs WikiLeaks continued its disclosures, Assange found himself the latest cause célèbre – his every movement intensely scrutinized. … He liked the fuss that (the disclosures) caused but he was oddly incurious actually about the documents.”Others offer alternative explanations for Assange’s eccentricities. There were mounting calls for Assange to leave WikiLeaks and, when he didn’t, many cut ties with it. Outside the confines of his diplomatic shelter, the world questioned whether Assange was trying to circumvent justice.
Persons: London CNN — Julian Assange, , He’s, Chelsea Manning, Joe Biden, Assange’s, Anthony Albanese, Assange, , ” –, Julian Assange, Ian Kenins, Sarah Palin’s, Atika Shubert, Shubert, ” Shubert, célèbre, Fidel Narvaez, “ Assange, ” Narvaez, James Ball, Joe Raedle, ” Ball, Ball, , Narvaez, Hans Crescent, Lenin Moreno, Moreno, Abu Hamza al, Masri, Stella Assange, Daniel Leal, Stella, “ I’m, Nick Vamos, It’s, Alice Jill Edwards, Agnès Callamard, El País, Der Spiegel, Jameel Jaffer, Xiaofei Xu, Alex Stambaugh Organizations: London CNN, WikiLeaks, Court, Ecuadorian, Army, Australian, Pentagon, NASA, University of Melbourne, Fairfax Media, of Scientology, Republican, CNN, Chelsea, Apache, Reuters, Guardian, Ellingham, Hans, London’s Metropolitan Police, US Justice Department, of Justice, Britain's, Getty, Peters & Peters, Prosecution Service, Human Rights, UN, Amnesty, The New York Times, Columbia University Locations: United States, Australian, London’s, Australia, Townsville, Queensland, cybercrime, Melbourne, Guantanamo Bay, Cuba, Iraq, London, Afghanistan, , Sweden, Ecuador, UK’s, Belmarsh
Floral tributes, portraits of late Russian opposition leader Alexei Navalny and messages are seen left outside the former Russian Embassy in Tbilisi on March 1, 2024. U.S. intelligence agencies have concluded that Russian President Vladimir Putin probably didn't directly order the killing of Alexei Navalny at a remote penal colony in February, according to three sources familiar with the matter. As Russia's most high-profile and popular dissident, Navalny's death dealt a severe blow to the country's opposition movement, which has been brutally suppressed by the Kremlin. Before Navalny's death, there had been tentative discussions about a possible prisoner exchange with Russia involving Navalny and Americans detained in Russia, NBC News previously reported. Navalny's allies allege that Putin had the dissident killed to thwart the proposed prisoner swap that would have freed him.
Persons: Alexei Navalny, Vladimir Putin, Putin, Navalny, Joe Biden, Sergei Skripal, Navalny's Organizations: Russian Embassy, Kremlin, Washington, Russia's Federal, Service, CIA, National Intelligence, NBC Locations: Tbilisi, Russia's, Russia, Russian, United Kingdom, Western
CNN —Iraq has passed a new law that penalizes same-sex relations with up to 15 years in prison, a move condemned by rights advocates as the latest attack on the country’s LGBTQ community. Samar called on the US and other countries to put diplomatic pressure on the Iraqi government to revoke the law. He warned that international business coalitions have already signaled that such discriminatory practices could negatively impact Iraq’s economic growth. “Respect for human rights and political and economic inclusion is essential for Iraq’s security, stability, and prosperity. This legislation is inconsistent with these values and undermines the government’s political and economic reform efforts,” Miller said on Saturday.
Persons: ” –, Raad al, Mohsen Al, ” Al, Mandalawi, , I’ve, ” Samar, Samar, Mohammed Shia, Joe Biden, , ” Matthew Miller, ” Miller, Sarah Sanbar, ” “, Organizations: CNN, Iraq, Maliki, Iraqi, US Department of State Locations: Iraq, Iraq Samar, Samar, Al
She ended up getting married and having a baby in Germany but has struggled with a lot of bureaucracy. Germany offers excellent maternity care, including postpartum home visits by a midwife, and down the road, various degrees of subsidized day care — the exact setup varies state by state. But in Berlin both midwives and day care centers are in short supply, according to local news channel RBB24. The author says that Berlin is filled with playgrounds and her toddler always wants to stop and play. Susannah EdelbaumI'm thrilled to be raising a toddler in BerlinDespite the late start, I found a midwife.
Persons: Susannah Edelbaum, , somethings, That's, I'd, Susannah Edelbaum I'm, who'd Organizations: Service, Kita, Bertelsmann Stiftung Locations: New York, Berlin, Germany, Denmark, hitched, Copenhagen, Ærø, Las Vegas, Kita
“President Biden’s remarks may have been a slip of the tongue; however, my country does not deserve to be labeled as such,” Marape said. While cannibalism was documented among remote tribes in the region in the mid-20th century, Papua New Guinea has struggled to shed stereotypes in more recent decades, and Biden’s comments were met with criticism inside the country. “These apparent untrue remarks by the sitting President is a low point in our bilateral relations,” Tkatchenko said. “He got shot down in an area where there were a lot of cannibals in New Guinea at the time. When asked about the remarks, the White House did not repeat Biden’s assertions about cannibals or his uncle’s plane being shot down.
Persons: Joe Biden’s, Biden, Ambrose Finnegan’s, James Marape, Biden’s, ” Marape, , Justin Tkatchenko, Washington, ” Tkatchenko, Marape, , Ambrose Finnegan, ” “, Finnegan “ Organizations: CNN, Papua New Guinea, Allied, Australian, Embassy, Moresby, Defense POW, Agency Locations: Papua New Guinea, Pacific, New Guinea, Papua New, Port Moresby, Beijing, United States, , U.S, Pennsylvania
Sitting together last month, Graham and MBS spoke with Trump for roughly five minutes, two people familiar with the call told CNN. The call encapsulates how Trump looms over an agreement that US, Israeli and Saudi officials all see as vital to achieving lasting stability in the Middle East. Graham informed Biden officials of the call between MBS and Trump and says they understand why he wants to keep Trump in the loop. With the election looming and the region engulfed by turmoil over Israel’s war in Gaza, the window of opportunity is rapidly shrinking, people involved in the negotiations told CNN. “I think President Trump understands this is building on what he did,” Graham told CNN.
Persons: South Carolina Republican Sen, Lindsey Graham, Prince Mohammad Bin Salman, — Donald Trump, Graham, Joe Biden, Salman, Biden’s, Trump, Abraham, Biden, Donald Trump, Saudi Crown Prince Mohammed bin Salman, Evan Vucci, , ” Trump, “ They’re, That’s, , ” Graham, Jamal Khashoggi, Sen, X.com Graham, Bibi Netanyahu, Benny Gantz, Jake Sullivan, Amos Hochstein, Antony Blinken, Jake, ” CNN’s Alex Marquardt Organizations: CNN, South Carolina Republican, Biden Administration, Trump, Saudi, Abraham Accords, Saudi Crown, White, MBS, New York Times, Biden, Republican, Graham, Saudi Press Agency, Israel, President’s National, US Locations: Saudi Arabia, Israel, Iran, Saudi, Palestine, Bahrain, UAE, Washington, Gaza, Riyadh, NATO, Palestinian
Chinese banks are helping to aid Russia's invasion of Ukraine, the US alleges. The US is considering sanctions to cut Chinese banks off from the dollar, according to The Wall Street Journal. AdvertisementThe US is drawing up sanctions that could cause some Chinese banks to lose access to the dollar, according to The Wall Street Journal. In response to previous sanctions, Russia and China intensified efforts to create exchange mechanisms that don't rely on the dollar. Alexandra Prokopenko, a fellow at the Carnegie Russia Eurasia Center think tank, told The Wall Street Journal that regional Chinese banks had emerged that had little involvement in dollar exchanges.
Persons: , Antony Blinken, Alexandra Prokopenko, Prokopenko, Maria Snegovaya Organizations: Wall Street, Service, Reuters, Financial, Carnegie Russia Eurasia Center, Center for Strategic, International Studies Locations: Ukraine, China, Russia, Italy, Russian
Germany has arrested a national on charges of spying for the Chinese secret service and leaking information from the European Parliament, Germany's federal prosecutor's office said on Tuesday. The man was also accused of spying on members of the Chinese opposition in Germany, according to a CNBC translation. The alleged spy was named as Jian G. and identified as an employee of a German member of the European Parliament since 2019. "If it is confirmed that there was espionage for Chinese intelligence services from within the European Parliament, then that would be an attack on European democracy from within. The ministry also said it hoped that Germany would stop using the so-called spy threat to manipulate political narratives, according to Reuters.
Persons: Scholz, Jian G, Maximilian Krah, Nancy Faeser Organizations: Tongji University, CNBC, Reuters Locations: China, Germany, Brussels
Drn/Getty Images Suu Kyi, front center, is seen with her parents and her two elder brothers in 1947. Kyodo News Stills/Getty Images Suu Kyi poses with Burmese comedian Par Par Lay, who was part of the pro-democracy act "The Moustache Brothers." Soe Than Win/AFP/Getty Images Suu Kyi meets US Secretary of State Hillary Clinton at Suu Kyi's residence in Yangon in 2011. Peter Muhly/AFP/Getty Images Suu Kyi is presented with the Congressional Gold Medal while visiting the US Capitol in 2012. U Aung/Xinhua News Agency/Getty Images Suu Kyi addresses the United Nations General Assembly in New York in 2016.
Persons: Aung, Suu, , Kim Aris, Suu Kyi, she’s, ” Aris, CNN’s Anna Coren, , Michael Aris, ” “, Zaw Min Tun, Min Aung Hlaing, Aris, they’ve, Ma Khin Kyi, Par, Karl Malakunas, David Brunnstrom, Jonathan Karp, Price, Luis D'Orey, David Van Der Veen, Jonathan Utz, Michael Wolf, Pornchai Kittiwongsakul, Soe, Hillary Clinton, Paula Bronstein, Minzayar Oo, Kyi, Bono, Peter Muhly, Alex Wong, Barack Obama, Obama, Brendan Smialowski, Chris Ison, Ragnar Singsaas, Romeo Gacad, Lauren DeCicca, Lam Yik Fei, Htin Kyaw, Aung Naing, Min Aung, Aung Htet, Kyaw, Jewel SamadD, John Kerry, Jonathan Ernst, Reuters Suu Kyi, Heath Mitchell, Pope Francis, Elizabeth II, John Stillwell, Mike Pence, Bernat, Myanmar's, Koen Van Weel, ’ Aris, I’d, Suu Kyi’s NLD Organizations: CNN, Aung, National League for Democracy, Aris, Reuters, Burma Independence Army, Kyodo, Stills, Oxford University, Getty, Embassy, Suu Kyi, Panos, Congressional, Capitol, Suu, Xinhua News Agency, United Nations General Assembly, National Park Service, Palace, ASEAN, Court of Justice, Association for Political, United Nations Locations: Myanmar, Britain, Rangoon, Yangon, Myanmar’s, Zaw, heatstroke, Naypyidaw, India, Par Par Lay, England, AFP, Bangkok, Thailand, Bagan, Pathein, Camberley, Oslo, Norway, Kawhmu, New York, Washington ,, Washington, DC, Singapore, Gambia, , Burma, doesn’t
The revelation comes from a trove of documents recently discovered by US researchers inside a computer server housed in North Korea. Logs from the North Korean computer server showed multiple visits from internet connections in northeast China, the US cybersecurity firm Mandiant told CNN. North Korean leader Kim Jong Un inspects an artillery firing drill of the Korean People's Army on March 7, 2024. Barnhart, the Mandiant researcher, said any company that hires a North Korean IT worker runs the risk of being targeted by North Korean hackers because of the close relationship between the two. Heinz Insu Fenkl, an expert in North Korean comics, said that animation and comics have been prominent in North Korean society since the country’s founding in 1948.
Persons: , Nick Roy, Roy, Mandiant, Michael Barnhart, , Max ., Hannah Cosgrove, ” Cosgrove, Max, Lion Forge, Martyn Williams, Williams, ” Williams, Kim Jong Un, KCNA, Barnhart, ” Barnhart, CNN wouldn’t, Heinz Insu Fenkl, ” Fenkl, CNN’s Alex Marquardt, Mike Conte Organizations: CNN, North, US, Amazon Prime, Max, Warner Bros ., Korean, Stimson, FBI, Treasury, North Korean, Entertainment, Amazon, , Skybound, YouNeek Studios, Forge Entertainment, Lion Forge Entertainment, South Korean, South, US Treasury Department, Treasury Department, Korean People's Army, State, United Nations, North Korean Embassy Locations: North Korea, Korean, Boston, Washington, State, North Korean, China, CNN , California, Maryland, South Korea, Koreans, Pyongyang, Korea, California, New York, London, cybercrime
Germany arrests three suspected of spying for China
  + stars: | 2024-04-22 | by ( ) www.cnbc.com   time to read: +1 min
Three German nationals have been arrested on suspicion of working with the Chinese secret service to hand over technologies that could be used for military purposes, German prosecutors said on Monday. The suspects were identified as Herwig F. and Ina F, a married couple who run a company in Dusseldorf, and Thomas R., whom prosecutors described as an agent for an employee of China's Ministry of State Security (MSS). The Chinese contract partner was the MSS employee from whom Thomas R. received his orders, it added. The suspects also purchased a special laser from Germany on behalf of and with payment from the MSS and exported it to China without authorisation, according to the prosecutors. The Chinese embassy in Berlin did not immediately respond to a request for comment.
Persons: Herwig, Ina F, Thomas R, Olaf Scholz Organizations: China's Ministry of State Security, Russia Locations: Dusseldorf, Germany, China, Beijing, Europe, Berlin
CNN —Early results from Ecuador’s referendum suggest President Daniel Noboa has won public backing for security measures aimed at boosting his war on crime. And the good news for Noboa was compounded Monday when police announced they had arrested a notorious alleged gang leader. Both those proposals would require modifying Ecuador’s Constitution, which currently forbids the extradition of Ecuadorians under any circumstances. Gang leader arrestedIn another boost for Noboa, police said in a post on X that they had arrested notorious alleged gang leader Fabricio Colon Pico on Monday morning. Thirty-eight other inmates had escaped along with Colon Pico, of which 12 have since been recaptured, Ecuador’s penitentiary service told CNN.
Persons: Daniel Noboa, Noboa, , Guillermo Lasso, Fabricio Colon Pico, Colon Pico, Diana Salazar, Colon Pico’s jailbreak, – José Adolfo Macías, Choneros – Organizations: CNN, National Electoral Council, National Assembly, Noboa, Los Lobos Locations: Ecuadorians, Quito, Ecuadorian, Riobamba
Ecuadoreans will vote on Sunday in a referendum that could give their center-right president greater powers to combat drug-related gang violence and also gauge how he would fare in his bid for re-election next year. President Daniel Noboa, the 36-year-old heir to a banana empire, took office in November after an election season focused on drug-related gang violence, which has surged over the past five years to levels not seen in decades. In January, he declared an “internal armed conflict” and directed the military to “neutralize” the country’s roughly two dozen gangs, which the government labeled “terrorist organizations.” The drastic move allowed soldiers to patrol the streets and prisons, many of which have come under gang control. Two weeks ago, Mr. Noboa took the extraordinary step of arresting an Ecuadorean politician facing a prison sentence who had taken refuge at the Mexican Embassy in Quito, in what experts called a violation of an international treaty on the sanctity of diplomatic posts. The move drew widespread condemnation across the region.
Persons: Ecuadoreans, Daniel Noboa, Noboa Locations: Mexican, Quito
Read previewThe US is considering sending additional military advisors to its Kyiv embassy as Russia continues its offensive operations in Ukraine, Politico reported. They would also assist the Ukrainian military with weapons maintenance, one of the officials and the person familiar with the plans said. Currently, we are considering sending several additional advisors to augment the Office of Defense Cooperation (ODC) at the Embassy." Russian President Vladimir Putin has warned the West against sending troops to Ukraine. "The Russian military command will likely intensify offensive operations and missile and drone strikes to pursue operationally significant effects that will certainly become harder to achieve against well-provisioned Ukrainian forces."
Persons: , Patrick Ryder, Vladimir Putin, Emmanuel Macron, Putin, Chasiv Yar — Organizations: Service, Politico, US, Business, Pentagon, DOD, of Defense Cooperation, Embassy, DoD, U.S . Embassy, NATO, for, Anadolu Locations: Russia, Ukraine, Ukrainian, Avdiivka, Getty, Chasiv, Donetsk
The referendum will ask 11 questions, five that will modify the Constitution if approved and six that are advisory. More than 13 million of Ecuador’s population of nearly 18 million are eligible to vote – and in Ecuador, voting is obligatory. “We require urgent reforms that allow us to protect our security,” Noboa told a military event in March. In response to the escape, the government deployed more than 3,000 police officers and members of the armed forces to find Fito. The referendum has met opposition among some groups who claim the matters can be dealt with in the National Assembly.
Persons: Daniel Noboa, , he’s, ” Noboa, John Moore, Guillermo Lasso, Fernando Villavicencio, Adolfo Macias, Noboa, , CNN’s Christiana Amanpour, Jorge Glas, Glas, Karen Toro Organizations: CNN, National Police, Armed Forces, Ecuadorian National Police, United Nations, Reuters, National Assembly Locations: Quito, Ecuadorian, Ecuador, Ecuadorians, Guayaquil, , Peru, Colombia, United States, Europe, Mexico, Mexican
Read previewMax Azzarello, a 37-year-old from Florida, died after setting himself on fire outside the Manhattan courthouse where Trump's hush money trial is underway, The New York Times reports. AdvertisementSteven Waldman, a high school friend of Azzarello, told The Times his late friend was "heartbroken" when his mother passed." Related story"He was super curious about social justice and the way things 'could' be," a former classmate of Azzarello told The Times. AdvertisementTrump's historic hush money trial kicks offDonald Trump at the defense table in his Manhattan hush money trial with attorney Emil Bove. Reuters/Jane RosenbergTrump's hush money trial, making history as the first-ever trial of a former president, kicked off earlier this week with the selection of the jury.
Persons: , Max Azzarello, Azzarello, Trump, Steven Waldman, Waldman, Larry Altman, We've, Bill Clinton, Aaron Bushnell, Bushnell, Donald Trump, Emil Bove, Jane Rosenberg Organizations: Service, The New York Times, New York Police, BBC News, Business, Collect, Times, Embassy, Newsweek, Reuters Locations: Florida, Manhattan, The, USA, Washington ,
That changed on Thursday, when Mr. Brown appeared to address Mr. Gunter for the first time, at a private fund-raising event in Sparks, Nev., after Mr. Gunter accused him in ads and appearances of being disingenuous and not sufficiently pro-Trump. A group backing Mr. Brown’s campaign, the Duty First PAC, ran its first television ad this week since last year, a $322,000 reservation, according to the tracking firm AdImpact. Mr. Brown’s campaign declined to comment on Mr. Gunter. Mr. Trump made several posts seeming to express his approval for Mr. Brown on Truth Social, his social media platform, this month. Mr. Gunter said he was “running that place like clockwork,” and that the government report was “bogus.”
Persons: Nevada’s, Sam Brown, Jeff Gunter, Donald J, Trump, MAGA, Brown’s, Gunter, Brown, Mitch McConnell of, ” Mr, Jacky Rosen, Nev, Mr, Mike Berg, Gunter’s, Berg, Sam Brown’s, , Chuck Muth, Muth, he’s, California Democrat —, General Organizations: Republican, Senate, U.S . Army, National Republican Senatorial Committee, Trump, Democratic, The New York Times, Mr, , “ California Democrats, Tarrance, Truth, Brown, Texas State House, Nevada State Assembly, California Democrat, Democrat, CBS Locations: Iceland, Mitch McConnell of Kentucky, Afghanistan, Sparks, California, “ California, Las Vegas, Nevada, Dallas
An Israeli airstrike on Iran on Friday damaged an air defense system, according to Western and Iranian officials, in an attack calculated to deliver a message that Israel could bypass Iran’s defensive systems undetected and paralyze them. The strike damaged a defensive battery near Natanz, a city in central Iran that is critical to the country’s nuclear weapons program, according to two Western officials and two Iranian officials. The attack — and the revelation on Saturday of its target — was in retaliation for Iran’s strike in Israel last week after Israel bombed its embassy compound in Damascus. But it used a fraction of the firepower Tehran deployed in launching hundreds of drones and missiles at Israel. But the relatively limited scope of Israel’s strike and the muted response from Iranian officials seem to have eased tensions.
Organizations: Israel Locations: Iran, Israel, Damascus, Tehran, Syria
Their friendship was tested in 2017 when then President Trump supported a blockade of Qatar led by Saudi Arabia and the United Arab Emirates. Before the Oct. 7 attack, the Saudis were in serious talks, led by the United States, to recognize Israel. 8 of 12 Israel has a major incentive to strengthen relations with Saudi Arabia. Saudi Arabia, for its part, would benefit from direct access to the Israeli military and technology sector. In March 2023, China brokered a breakthrough, re-establishing ties between two of the region’s heavyweights, Iran and Saudi Arabia.
Persons: Benjamin Netanyahu, brandished, Jake Sullivan, , frenemies, Israel, Netanyahu’s, Trump, Biden, Saudi Crown Prince Mohammed bin, Prince Mohammed, Bashar al, Assad, Saddam Hussein, Jordan —, hesitantly, Abraham Organizations: of Friends, General Assembly, U.S, America, Hamas, United, United Arab Emirates, Saudi Crown, Arab League, Saudi Arabia, Red Sea, Iranian, Abraham Accords, United Arab, Palestine Liberation Organization, West Bank, Palestinian Authority, The, Trump, Biden, Israel Defense Forces, United Nations, New York, Facebook Locations: India, Persian, Israel, Europe, Iran, United States, U.S, East, China, Russia, Ukraine, Syria, Yemen, Turkey Syria Lebanon Afghanistan Israel Iraq Iran Pakistan Egypt India Qatar Saudi Arabia Sudan Oman, Israel Yemen Turkey Syria Lebanon Afghanistan Israel Iraq Iran Pakistan Egypt India Qatar Saudi Arabia Arabian, Sudan, Sea Oman, Israel Yemen Ethiopia Turkey Syria Lebanon Afghanistan Israel Iraq Iran Pakistan Egypt India Qatar Saudi Arabia Arabian, Sudan Oman, Israel Yemen Ethiopia, Gaza, Qatar, Saudi Arabia, United Arab, Saudi, Tehran, Iraq, Assad, Lebanon, Lebanese, Egypt, Jordan, Bahrain, United Arab Emirates, Morocco, Fatah, Israeli, Turkey, America
“I saw holes on the back of his shoulder, his ribs right down till his lower back,” Imran told CNN. “He was going to work as a taxi driver or delivery boy in Russia – that process was on,” Imran said. Meanwhile, India, which has no law preventing its citizens from serving in a foreign state’s military, has acknowledged that a number of its nationals have been fighting for Russia in Ukraine. In early March, India’s Central Bureau of Investigation (CBI) said it had busted major human trafficking networks that were duping men into Russian military jobs, with 35 such cases identified. Asfran Mohammed, right, and his brother Imran are pictured with Asran's children before Asfran left for Russia.
Persons: New Delhi CNN —, Asfan Mohammed, he’d, Imran Mohammad, Vladimir Putin’s, , ” Imran, Imran, , Asfan, Putin, Allen, He’d, Asfran, Mohammed Imran, Inna Varenytsia, Bimala Rai Paudyal, I’d, who’d, Asfran Mohammed, Mohammed Imran “, I’ve Organizations: New, New Delhi CNN, CNN, Russian, , United Arab Emirates, Reuters Foreign, Kremlin, Indian Ministry, External Affairs, India’s, Bureau of Investigation, Indian Nationals, CBI, Asfan, Indian, Indian Embassy Locations: New Delhi, India, Russia, Russian, Ukraine, Hyderabad, , Australia, Moscow, Ukrainian, Kreminna, South Asia, Nepal
Brent crude, the global oil benchmark, was down 0.4% at $86.8 per barrel, having earlier spiked more than 3%. The Israeli military has not commented, and Iran has not identified the source of the attack. Iran launched the attack in retaliation for a suspected Israeli strike on its embassy compound in Syria earlier this month. Iran is a big oil producer but exports most of its crude to China because of long-standing international sanctions. Mexico also said earlier this month that it would cut back oil exports because of strong domestic demand.
Persons: Brent, Israel, Benjamin Netanyahu, , ” Neil Shearing, Richard Bronze Organizations: London CNN, CNN, Capital Economics, Organization of, Petroleum, ANZ, United, Nikkei, Kospi, Tel Aviv Stock Exchange Locations: Hong Kong, London, Iranian, Isfahan, East, Iran, Syria, Hormuz, China, United States, Mexico, Asia, Israel, Tel Aviv
Throughout the week, US officials had urged Israel not to retaliate for Iran’s unprecedented attack five days prior, when hundreds of missiles and drones were fired from inside Iran at Israel. US intelligence has long assessed that neither Iran nor Israel has any appetite for an outright war. Iranian officials have stated publicly that Iran’s policy toward Israel has changed. Then, on April 1, an Israeli strike on what Iran claims was an embassy in Syria killed seven officials, including two senior Iranian commanders. “Israel and Iran are going to be starting higher on the escalatory ladder for every future moment of conflict and that is incredibly dangerous,” said Panikoff.
Persons: Biden, , Hossein, Israel’s, CNN’s Erin Burnett, Israel, Bill Burns, George W, , Frank McKenzie, ” McKenzie, Maher Al Mounes, Mohammed Reza Zahedi, Jonathan Panikoff, Seyyed Ali Khamenei, Khamenei, Karim Sadjadpour, Qassem Soleimani, Iran —, Iran messaged, Donald Trump, stridently, , McKenzie Organizations: CNN, Israel, Iran, US, Islamic Revolutionary Guard Corps, CIA, Bush Presidential Center, Iranian, US Central Command, Getty, Lebanese Hezbollah, Iran’s, Carnegie Endowmernt Locations: Washington, Israel, Iran, Tehran, ” Iran, Islamic Republic of Iran, Dallas, Syria, Syria's, Damascus, AFP, Lebanese, Iran’s, Iraq
Investors had hoped that corporate earnings would help revive the stalled rally, but a strong start to the season hasn’t been enough to excite investors. The 30-year fixed-rate mortgage averaged 7.10% in the week ending April 18, up from 6.88% the previous week, according to Freddie Mac data released Thursday. Mortgage rates are climbing based on expectations that the Federal Reserve won’t cut interest rates anytime soon. The Fed doesn’t directly set mortgage rates, but its actions do influence them, and persistently hot inflation readings are keeping the Fed on hold. If inflation stalls any further, or even worsens, mortgage rates could climb higher this year.
Persons: , hasn’t, Jerome Powell, , , Michael Landsberg, Pierre, Olivier Gourinchas, Israel, Brent, Bryan Mena, Freddie Mac, Sam Khater, Freddie Mac’s, Read, Anna Cooban, Tim Cook, Pham Minh Chinh, Cook, Apple “ Organizations: CNN Business, Bell, New York CNN, Dow Jones, Nasdaq, Federal Reserve, Data, Employers, Fed, Landsberg Bennett, Wealth Management, Monetary Fund, Treasury, Investors, CNN, Federal, China Apple, Vietnamese, Apple Locations: New York, East, Iran, Israel, Syria, Vietnam, China, Hanoi, Beijing
Hong Kong CNN —Oil prices jumped on Friday while Asian markets tumbled, with global investors worrying about an escalation in conflict in the Middle East after explosions were reported near the Iranian city of Isfahan. Iran launched the attack in retaliation for a suspected Israeli strike on its embassy compound in Syria earlier this month. “Israel’s response could determine whether oil supplies are ultimately under threat.”Elsewhere, ongoing oil disruptions remain high, the analysts added. In Hong Kong, PetroChina, Asia’s largest oil and gas supplier, advanced 2.3%. Sinopec, the world’s largest oil refining company by capacity, rose 1.3%.
Persons: Brent, Benjamin Netanyahu, Israel, , , Korea’s Kospi, Cosmo Energy Organizations: Hong Kong CNN, CNN, ANZ, United, Stock, Nikkei, China’s, Energy, Eneos Corp, Oil Corp Locations: Hong Kong, Iranian, Isfahan, Israel, Iran, Syria, United States, Mexico, Asia, China’s Shanghai, Tokyo, Seoul
Read previewOil prices jumped while stocks sold off after reports of an escalation in Middle East tensions. International benchmark Brent crude oil futures rose as much as 4.2% before trading 2.8% higher at $89.54 a barrel at 11:15 p.m. EDT. The strike on Friday came days after Iran attacked Israel on Saturday with a barrage of more than 300 missiles and drones. Israel didn't claim responsibility for the strike, but Iran held it accountable and vowed retaliation. Oil markets shrugged off Iran's attack on Israel as the market assessed the conflict would remain contained.
Persons: , Israel didn't, Israel, Kyle Rodda, Rodda Organizations: Service, Brent, US West Texas, Business, ING, Stock Locations: East, Israel, Iran, Iran's, Damascus, Syria
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