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☆ Dubai reveals massive plans for the world’s busiest airport
▼ + stars: | 2024-04-30 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +7 min

A mammoth airport in Saudi Arabia has already set records for size, but new plans in Dubai are ratcheting up the race to be the world’s busiest airport by passenger volume. Saudi Arabia’s King Fahd International Airport currently wears the crown as the largest airport in the world by area. “It will be five times the size of the current Dubai International Airport, and all operations at Dubai International Airport will be transferred to it in the coming years,” Sheikh Mohammed bin Rashid Al Maktoum, the ruler of Dubai, said Sunday when outlining Dubai Aviation Engineering Projects’ strategic plan. The other, Dubai International Airport, was just ranked the No. Dubai AirportsAt present, Dubai World Central’s primary role is as a center for aircraft maintenance, repair and overhaul – “MRO” in industry parlance.

Persons: Saudi Arabia’s King, Atlanta’s, Jackson’s, It’s, Al Maktoum, Markus Mainka, That’s, ” Sheikh Mohammed bin Rashid Al Maktoum, ”, Sheikh Mohammed bin Rashid Al Maktoum, X, Paul Griffiths, Abu Dhabi’s, Foster Organizations: CNN, Saudi, Saudi Arabia’s King Fahd International, King Fahd, Atlanta’s Hartsfield, Jackson, Al, Al Maktoum International, Dubai International Airport, Dubai International, Dubai Aviation Engineering, Emirates Cargo, UAE, Emirates, Dubai Airports, Hamad International Airport, Kuwait International, Partners, Sharjah International Airport, Air Locations: Gulf States, Saudi Arabia, Dubai, Bahrain, Hartsfield, Al Maktoum, Saudi, Qatar, Muscat , Oman, Gulf, Kuwait, British, Dubai’s, Sharjah

☆ Good news: The worst could be over for gas prices this spring
▼ + stars: | 2024-04-30 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

US gas prices have stopped rising and even briefly dipped in recent days. Now, there is growing hope that gas prices are at or near a peak for the spring – or perhaps even for the year. ‘Could have been much worse’Of course, none of this is to say gas prices are cheap. A spike in gas prices would be the last thing President Joe Biden needs as he struggles to convince voters of his economic message before November. Why gas prices have cooledThere are multiple reasons why gas prices have stopped rising for the moment.

Persons: Patrick De Haan, “ I’m, ” De Haan, Tom Kloza, ”, Andy Lipow, “, De Haan, Joe Biden, Lipow, ” Lipow, Kloza Organizations: New, New York CNN, OPEC, AAA, CNN, “, Oil Price Information Service, Lipow Oil Associates, Drivers, Federal Reserve, Biden, US Strategic Petroleum Reserve, Coast, Colorado State University Locations: New York, Israel, Iran, Covid, California, De Haan ., Washington, Syria, West Texas, New Mexico, Saudi Arabia, Russia

Known for his hit songs like "I Remember Everything," "Something in the Orange," and "Heading South," Zach Bryan's 2024 tour celebrates his self-titled album that debuted in 2023. We've got you covered if you're looking to buy tickets to Zach Bryan's 2024 Quittin Time Tour. Zach Bryan 2024 tour scheduleZach Bryan has only just begun his tour, with more than 60 shows remaining throughout 2024. How to buy tickets for Zach Bryan's 2024 concert tourYou can buy standard original tickets to Zach Bryan's 2024 tour through Ticketmaster and AXS. Prices for tickets to Zach Bryan's 2024 tour vary depending on date, location, and demand.

Persons: Zach Bryan, Zach Bryan's, We've, Bryan, Zach Bryan's Atlanta, Jason Isbell, Sheryl Crow, Sierra Ferrell, Matt Maeson, Levi Turner, Here's, MN Sheryl Crow, Sierra, Louis ,, Zach Bryan hasn't Organizations: Business, Vivid, SC, Springs, Las, Kansas City, KY, UT, Ticketmaster, FL, Sierra Ferrell, TN Locations: Brooklyn, Bryan's, Tulsa , Oklahoma, Canada, Brooklyn , New York, Omaha, Louis, Greenville, Knoxville, TN, Oklahoma, Oakland, Los Angeles, CA, Las Vegas, Denver, Detroit, MI, Columbus, Nashville, Orlando, Orleans, LA, Houston, Antonio, Greensboro, NC, Philadelphia, Atlanta, Tampa, Arlington, TX, Kansas, Minneapolis, Forks, Louisville, Edmonton, Vancouver, BC, Tacoma, WA, Portland, Sacramento, Glendale, AZ, Salt Lake City, Tulsa, NY, Columbus , Ohio, Arlington , TX, Philadelphia ,, MN, Antonio ,, Greensboro , NC, Kansas City ,, Tacoma , WA, Sacramento , CA, Columbus ,, Edmonton , Alberta, Vancouver , British Columbia

☆ Saudi Arabia wants big spenders for the first part of its Neom megaproject
▼ + stars: | 2024-04-28 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +4 min

Saudi Arabia plans to open the first part of its Neom megaproject this year. Saudi Arabia is pushing to distinguish itself in the high-end luxury market to compete with Dubai. AdvertisementSaudi Arabia plans to open the first region of its Neom megacity by the end of the year. Neom recently ended investor roadshows in China by confirming the luxury island resort would open this year, Arab News reported. A rendering of The Line, part of the Neom project planned by Saudi Arabia.

Persons: —, Neom, roadshows, It's, Marriott Bonvoy, Chadi, MDLBEAST, Kristian Coates Ulrichsen, Saudi Arabia hasn't, Ulrichsen, Saudi Crown Prince Mohammed bin Salman's Organizations: Dubai, Service, Arab News, Marriott, United, Rice, Baker Institute for Public Policy, Emirates, Saudi, Bloomberg, Business Locations: Saudi Arabia, Sindalah, China, Saudi, Vives, Dubai, United Arab Emirates, Saudi Crown, Gulf Kingdom

☆ Dubai property boss says floods were overexaggerated: 'Things like that happen in Miami regularly'
▼ + stars: | 2024-04-28 | by ( Matt Clinch | ) www.cnbc.com time to read: +1 min

Flash floods that formed led to water engulfing cars, in some areas fully submerging them, leading hundreds of drivers to abandon their vehicles on roads to escape the rising water levels. The deluge also closed schools and businesses, grounded hundreds of flights, and destroyed cars, businesses and other property. Damac's Sajwani conceded there was chaos at the airport, but said the UAE had recovered much faster than other nations would have. "Fine, we get some, in one of the malls, some damage. He explained that he arrived in Dubai from London just a few hours after the rains had stopped, and visited all the major properties that belong to his company.

Persons: Hussain Sajwani, Damac's Sajwani, CNBC's Dan Murphy, it's Organizations: Damac, United, UAE, Energy Locations: United Arab, UAE, Riyadh, Saudi Arabia, Dubai, London

Has South Africa Truly Defeated Apartheid? U.S.A., 2020 – 63% U.K., 2019 – 62% 60% 49% 40% 20% 1994 2004 2014 2019 Sources: Collette Schulz-Herzenberg, "The South African non-voter: An analysis"; Konrad Adenaur Stiftung, 2020 (South Africa); Pew Research (United States and U.K.)On a continent where coups, autocrats and flawed elections have become common, South Africa is a widely admired exception. −4% −6% Sources: Harvard Growth Lab analysis of World Economic Outlook (South Africa and sub-Saharan Africa) and World Development Indicators (upper-middle-income countries). 50% unemployment rate 40% Black unemployment rate 30% The unemployment gap between Black and white South Africans remains wide. In 2022, about 6 percent of South Africans aged 18 to 29 were enrolled in higher education, according to Statistics South Africa.

Persons: Nelson Mandela, they’ve, Collette Schulz, Konrad Adenaur Stiftung, —, Walter Sisulu, Joao Silva, New York Times Jack Martins, ”, Mandela’s, Wandile Sihlobo, Johann Kirsten, Sihlobo, Kirsten, haven’t, Zinhle Nene, Peter Mokoena, “, Mokoena, Nokuthula Mabe, Mabe, Jacob Zuma, Chrispin Phiri, Cyril Ramaphosa, Israel, Sibusiso Zikode, Zikode, Mr Organizations: African National Congress, Pew Research, Human Sciences Research, World Bank, Black South, Charter, New York Times, University of Cape Town’s Liberty Institute of Strategic Marketing, Johannesburg Stock Exchange, Economic Empowerment, South, Harvard, Economic, Government, Black, Mr, Stellenbosch University . White, Statistics, Security, JOHANNESBURG Jobs, JOHANNESBURG Sandton Downtown, West University, Education, Statistics South, General Household Survey, of, Stellenbosch University, Ministry of Justice and Correctional Services, Institute for Security Studies, International Court of Justice Locations: Africa, South Africa, Black, States, Soweto, Kliptown, Johannesburg, South, Saharan Africa, Carletonville, JOHANNESBURG, Downtown Soweto, JOHANNESBURG Sandton, JOHANNESBURG Sandton Downtown Soweto, North, Mahikeng, Botswana, Statistics South Africa, Brazil, Mexico, Philippines, African, Germany, Russia, India, China, Ethiopia, Burundi, Zimbabwe, Ukraine, New York Times South Africa, Gaza, Durban, South Africa’s

☆ A UK destroyer scored the Royal Navy's first missile kill since the Gulf War, when one of its warships pulled off another historic first
▼ + stars: | 2024-04-25 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewA UK warship on Wednesday shot down a ballistic missile fired by the Houthis in Yemen, marking the Royal Navy's first such kill since the Gulf War more than 30 years ago. AdvertisementA view shows HMS Diamond in the Red Sea on Operation Prosperity Guardian, in this handout image taken on January 6, 2024. Related storiesDuring the Gulf War, the Type 42 destroyer HMS Gloucester used Sea Dart missiles to destroy an Iraqi silkworm anti-ship missile that was targeting an American warship. That engagement marked the first time anti-air missiles successfully destroyed an enemy missile threat during a battle at sea. The HMS Diamond, a UK warship, responds to a Houthi attack on Jan. 9, 2023.

Persons: —, CENTCOM, Diamond, Chris Sellars, Handout, Grant Shapps Organizations: Service, Royal, Viper, Business, US Central Command, Prosperity, REUTERS, The Times, Royal Navy, UK Ministry of Defense, US Navy Locations: Yemen, Gulf, Aden, Gloucester, Iraqi, American, Gulf of Aden

☆ NASA releases satellite photos of Dubai and Abu Dhabi before and after record flooding
▼ + stars: | 2024-04-24 | by ( Natasha Turak | ) www.cnbc.com time to read: +1 min

NASA released photos of parts of Dubai and Abu Dhabi before and after the United Arab Emirates was hit by record rainfall last week that caused dangerous floods and paralyzed much of the country. The images, taken by NASA Earth Observatory on Friday using Landsat data from the U.S. Geological Survey, show large patches of water all over the desert and urban landscape of the UAE where previously there was none – almost looking as if small lakes had appeared. "Some areas remained flooded on April 19, when Landsat 9 passed over the region for the first time since the storms," NASA wrote on its Earth Observatory website. Flash floods that formed on April 16 led to water engulfing cars, in some areas fully submerging them, leading hundreds of drivers to abandon their vehicles on roads to escape the rising water levels. The normally dry desert country in the Gulf was pummeled with roughly a year's worth of rain in less than a day, more than it has ever seen in a single storm since records for the UAE began in 1949.

Organizations: NASA, United Arab, NASA Earth, U.S . Geological Survey, UAE Locations: Dubai, Abu Dhabi, United Arab Emirates, U.S, UAE

☆ UAE central bank asks lenders to defer loan repayments for six months to help flood-hit residents
▼ + stars: | 2024-04-23 | by ( Natasha Turak | ) www.cnbc.com time to read: +1 min

The United Arab Emirates' central bank sent a directive to the country's lenders and insurers approving the deferring of loan repayments for six months, as residents and businesses reel from historic floods that paralyzed the normally dry desert emirate. "The Central Bank today issued a notice to all banks and insurance companies to allow the deferral of repayment of instalments of personal and car loans for customers affected by the repercussions of the weather condition for a period of six months," the bank said in a Monday statement. "The deferral shall be without imposing additional fees, interest or profits, or otherwise increase the principal amount of the loan for the deferral of the repayment of installments." The notice will come as a relief to the many UAE residents who suffered losses and damages during the record-breaking storm. Roughly a year's worth of rain pummeled the Gulf country in a span of just 12 hours between April 16 and 17, destroying businesses, cars and other property.

Organizations: United Arab, Central Bank Locations: United Arab Emirates, UAE

☆ ‘Pay Later’ Lenders Have an Issue With Credit Bureaus
▼ + stars: | 2024-04-23 | by ( Jordyn Holman | Ben Casselman | ) www.nytimes.com time to read: +1 min

Shoppers in recent years have embraced “buy now, pay later” loans as an easy, interest-free way to purchase everything from sweaters to concert tickets. The loans typically are not reported on consumers’ credit reports, however, or reflected in their credit scores. So in February, when Apple announced it would start reporting loans made through its Apple Pay Later program to Experian, one of the three major U.S. credit bureaus, it looked like a watershed moment for the fast-growing “buy now, pay later” category. But none of the other major pay-later providers have followed Apple’s lead. And while credit bureaus and lenders say they are interested in finding a way to work together, the gulf between the two sides remains wide — so much so that some pay-later firms are exploring creating an alternative credit bureau to handle their loans.

Organizations: Apple

☆ German frigate Hessen sailors were on watch 12 hours a day in the Red Sea with only seconds to react to threats in the 'worst case scenario'
▼ + stars: | 2024-04-22 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewSailors aboard a German warship that was recently deployed to the Red Sea were on watch for 12 hours a day, and in the "worst" situations, they might've only had seconds to respond to the deadly Houthi threats endangering ships in these waters. The Hessen, a Sachsen-class frigate, left the Red Sea and entered the Suez Canal on Saturday after spending nearly 60 days operating in Middle Eastern waters, Germany's military said Monday. Around 240 crew members aboard the Hessen were on "a permanent war march" during the mission, the German military said in a statement, according to a translation. German military photoThe short timeframe underscores how fast some of the Houthi threats are. In late-February, the Hessen accidentally targeted a US MQ-9 Reaper drone that was operating around the Red Sea and fired several missiles at the aircraft.

Persons: —, Bab, Volker Kübsch, Kübsch Organizations: Service, Business, US Navy, German Navy, Navy, Aspides, Sachsen Locations: Hessen, Sachsen, Suez, Yemen, Gulf, Aden, Mandeb, Germany, Wilhelmshaven, Hamburg

☆ See Dubai flooding from space
▼ + stars: | 2024-04-22 | by ( Mary Gilbert | ) edition.cnn.com time to read: +3 min

CNN —Unprecedented, torrential rainfall plunged parts of the United Arab Emirates underwater last week, bringing life to a standstill in Dubai and elsewhere. NASA NASA Images taken over the Jebel Ali area, located on the southern outskirts of Dubai, capture the area before and after historic flooding. The flooding shown is in the southernmost portion of Dubai, but the city’s highly urbanized central hub isn’t captured. The torrential rain was associated with a larger storm system last week traversing the Arabian Peninsula and moving across the Gulf of Oman. A warmer atmosphere is able to soak up more moisture like a towel and then ring it out in the form of torrential rainfall.

Persons: Abu Dhabi Organizations: CNN, United, United Arab Emirates, Dubai, UAE, NASA, United States Geological Survey, NASA NASA Locations: United Arab, Dubai, UAE, –, Abu Dhabi, Jebel Ali, Gulf of Oman, Oman

☆ Emirates is dealing with a 30,000 bag backlog as it grovels to customers about its handling of Dubai floods
▼ + stars: | 2024-04-22 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

Read previewEmirates, the Middle East's largest airline, is still trying to return 30,000 leftover bags to customers affected by the torrential rains and flooding that brought Dubai Airport to a standstill last week. Related storyTo accommodate disrupted passengers, Emirates said it had secured 12,000 hotel rooms and issued 250,000 meal vouchers. AdvertisementDespite the chaos and a government warning telling people to stay at home, Emirates flight attendants in Dubai were also told to report for duty. The airline officially resumed regular flight operations at Dubai Airport on Saturday, but warned it would still take several days to clear the backlog. In a sign of its growing popularity, the number of passengers traveling to Dubai Airport increased by 31.7% in the last year.

Persons: —, Tim Clark, Clark, GIUSEPPE CACACE Organizations: Service, Emirates, Dubai, Business, Reuters, Dubai Airport, Air Missions, PTI, United Locations: Emirates, Dubai, UAE, United Arab Emirates, Gulf

☆ Which foods have the most plastics? You may be surprised
▼ + stars: | 2024-04-22 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +8 min

Breaded shrimp contained the most tiny plastics by far, at well over an average of 300 microplastic pieces per serving. Plastics are everywhereThere are a staggering number of plastics in the world, today, according to a recent analysis — 16,000 plastic chemicals, with at least 4,200 of those considered to be “highly hazardous” to human health and the environment. (The authors declined to mention which brands of bottled water they studied.) Prior research using older technology had identified only about 300 nanoplastics in bottled water, along with bigger microplastics. · If you can, eat as much fresh food as possible, and limit purchase of processed and ultraprocessed foods wrapped in plastic.

Persons: CNN —, can’t, Rice, Let’s, it’s, ” Sherri “ Sam ” Mason, ” Mason, ”, pollock, Mason, don’t, “ Organizations: CNN, McGill University in, University of Queensland, Penn State, International, Water Association, Environmental Research, Environmental Locations: McGill University in Quebec, Canada, Erie , Pennsylvania, United States

☆ U.S. crude oil hovers near $83 after Iran says it will not escalate conflict with Israel
▼ + stars: | 2024-04-22 | by ( Spencer Kimball | ) www.cnbc.com time to read: 1 min

A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Gulf. Crude oil futures edged lower on Monday after Iran said it will not escalate the conflict with Israel. The West Texas Intermediate contract for May lost 46 cents to $82.68 a barrel, while June Brent futures fell 89 cents to $86.40 a barrel. U.S. crude oil and Brent fell 3% last week. Iranian Foreign Minister Hossein Amirabdollahian told NBC News the Islamic Republic does not plan to respond to Israel's retaliatory strike launched Friday.

Persons: Brent, Hossein Amirabdollahian, Amirabdollahian Organizations: The West Texas Intermediate, May, NBC Locations: Iranian, Iran, Israel, The, Islamic Republic

☆ Why the oil market shrugged as Iran and Israel appeared on the brink of war this week
▼ + stars: | 2024-04-20 | by ( ) www.cnbc.com time to read: +3 min

U.S. crude oil and global benchmark Brent finished out the week about 3% lower, despite the fact that Iran and Israel traded direct strikes against each other's territory for the first time. Fears that oil prices could shoot to $100 a barrel or above did not materialize. The market has essentially erased the risk premium associated with the Iran-Israel tensions after traders bid up prices last week on war fears. "These skirmishes did not impress the oil markets, which believe that no disruption to oil flows will occur." Papic said a sustained war between Israel and Iran is difficult to imagine and may even be practically impossible.

Persons: Ali Mohammadi, Israel, Manish Raj, John Kilduff, Marko Papic, Papic, Brent, Kilduff, CNBC's Organizations: Persian Gulf, Bloomberg, Getty, Brent, Israel's, Israel, Traders, Velandara Energy Partners, Again, International Atomic Energy Agency, Clocktower Locations: Bandar Abbas, Iran, Israel, U.S, Damascus, Syria, Tehran

☆ The week that life in Dubai ground to a halt
▼ + stars: | 2024-04-20 | by ( Abbas Allawati | Abbas Al Lawati | ) edition.cnn.com time to read: +9 min

The United Arab Emirates, of which Dubai is part, saw the heaviest rainfall in at least 75 years, with more than a year’s worth of precipitation in 24 hours. Abandoned vehicles on a flooded highway after a rainstorm in Dubai, United Arab Emirates on Wednesday. People stand as flood water caused by heavy rains covers the stairs of a residential building, in Dubai, United Arab Emirates on Wednesday. A man walks in flood water caused by heavy rains, with the Burj Khalifa tower visible in the background, in Dubai, United Arab Emirates, April 17, 2024. Residents move their belongings on a kayak at a flooded residential complex following heavy rainfall, in Dubai, United Arab Emirates on Thursday.

Persons: hadn’t, Christopher Pike, ”, Sofie, Sheikh, Avinash Babur, Amr Alfiky, Babur, Amr Alfiky Amr Alfiky, Ali Salem, “, wasn’t Organizations: UAE CNN, United, United Arab Emirates, Bloomberg, Getty, Dubai Marina, CNN, “, Dubai “, REUTERS, Reuters, . Schools Locations: Dubai, UAE, United Arab Emirates, Ras Al, Khaimah, Persian, United Arab, Western, lockdowns, freezers, United States, China, Burj Khalifa, Jumeirah

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

☆ Rough Seas for Blinken and Co. as Israel, Iran and Ukraine Cloud G7 Meeting
▼ + stars: | 2024-04-19 | by ( Michael Crowley | ) www.nytimes.com time to read: +1 min

Rough seas were a fitting symbol for this week’s meeting of Group of 7 foreign ministers on the Italian island of Capri. Coast Guard ships that ferried V.I.P.s across the Gulf of Naples to the island on Wednesday swayed precariously, leaving the passengers reaching for their motion-sickness medicine — and, in some cases, their sick bags. Though no ministers from this elite international coalition, including Secretary of State Antony J. Blinken, were known to have lost their lunch, the global problems they confronted were enough to make even a seasoned diplomat queasy: the risk of war between Iran and Israel, the nightmare in Gaza and Ukraine’s uncertain fate. At the luxurious Grand Hotel Quisisana, Mr. Blinken came determined to project unity within a group that includes Britain, Canada, France, Germany, Italy, Japan, the United States and the European Union. First created to help stabilize the world economy, the G7 has grown more active and ambitious in recent years, seeking to shape geopolitics and to be “a steering committee for the world’s most advanced democracies,” as Mr. Blinken put it in a closing news conference on Friday.

Persons: precariously, Antony J, Blinken, queasy Organizations: Coast Guard, European Union Locations: Capri, of Naples, Iran, Israel, Gaza, Britain, Canada, France, Germany, Italy, Japan, United States

☆ Iran likely to dismiss limited strike from Israel, consulting firm says
▼ + stars: | 2024-04-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIran likely to dismiss limited strike from Israel, consulting firm saysGulf State Analytics CEO Giorgio Cafiero says he is "cautiously optimistic" that Israel and Iran can avoid moving up the escalation ladder after Israel carried out a limited strike on Iran.

Persons: Giorgio Cafiero, Israel Organizations: Iran Locations: Israel, Iran

☆ Israel and Iran: All-out war, or measured retaliation?
▼ + stars: | 2024-04-19 | by ( Natasha Turak | ) www.cnbc.com time to read: +5 min

Atta Kenare | AFP | Getty Imageswatch nowBut a full-blown conventional war would be devastating to both sides and highly destabilizing for the Middle East. Are these tit-for-tat blows between Israel and Iran clear evidence of all-out war, or carefully calibrated retaliation strikes? "With Israel's apparent strikes on Iran today, retaliating for Iran's attack on Israel last Sunday, we now have a direct nation-on-nation hot war," he told CNBC's "Capital Connection" Friday. 'Ball is back in Iran's court'Not everyone agrees that the line into wider war has been crossed, however. Within hours of the Israeli strikes, risk assets were already on their way back down, with international oil benchmark Brent crude turning lower for the session after a brief spike.

Persons: Atta Kenare, Benjamin Netanyahu, Joe Biden, Netanyahu, Ebrahim Raisi, Clay Seigle, CNBC's, Ehud Olmert, CNBC's Dan Murphy, Olmert, Ian Bremmer, Michael Singh, Israel, Rob Casey, Casey Organizations: AFP, Getty, Washington, Rapidan Energy Group, Israeli, Military, Israel, Eurasia Group, National Security Council, Wall Street, Signum Global Advisors, Anadolu, International Atomic Energy Agency, Brent Locations: Palestine Square, Tehran, Israel, Iran, U.S, Damascus, Gulf of Oman, Hormuz, Anadolu

☆ Qatar re-evaluates key mediator role in Middle East conflict on concerns of ‘political exploitation’
▼ + stars: | 2024-04-18 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +1 min

U.S. Secretary of State Antony Blinken is greeted by Qatari officials upon his arrival in Doha, Qatar, Friday Oct. 13, 2023. Qatar is reconsidering its role as cease-fire broker between Israel and Palestinian militant group Hamas, the Gulf state's prime minister said, expressing concerns that Doha's mediation has been subject to "political exploitation." In a late-Wednesday statement, Sheikh Mohammed bin Abdulrahman Al Thani "lamented the political exploitation by some politicians with narrow interests, marketing their electoral campaigns through the defamation of Qatar's role." Since October, the Hamas-governed Gaza Strip has been ravaged by a retaliatory war campaign carried out by Israel. "Hamas has also sought to use its intermediary Qatar – which has long helped finance, back, and house the terrorist organization – to exact greater concessions from Israel.

Persons: Antony Blinken, Sheikh Mohammed bin Abdulrahman, Sheikh Mohammed bin Abdulrahman Al Thani, Steny Hoyer, Hoyer Organizations: Hamas, Gulf state's Locations: Doha, Qatar, Israel, Palestinian, Sheikh Mohammed bin Abdulrahman Al, Maryland, Hamas, Gaza

☆ Why Qatar is unlikely to withdraw from the Gaza hostage-ceasefire talks
▼ + stars: | 2024-04-18 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +6 min

Qatar hosts Hamas’ political office, but it is also home to a 10,000-troop US military base. Experts say it is unlikely Qatar will end its mediation role. Qatar's Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman al-Thani gives a press conference with his Turkish counterpart in Doha on Wednesday. And on Monday, Democratic US Congressman Steny Hoyer accused Qatar of “blocking” progress in the talks. The Gulf state was also a Major Non-NATO Ally, as well as key energy supplier to Western states.

Persons: Sheikh Mohammed bin Abdulrahman Al Thani, ” Al Thani, “, ”, Anna Jacobs, “ They’ve, ” Jacobs, Daniel Shek, ” Shek, Sheikh Mohammed bin Abdulrahman, Karim Jaafar, Israel, Benjamin Netanyahu, ” Majid Al Ansari, Netanyahu, James Comer, General Merrick Garland, Steny Hoyer, Jacobs, Joe Biden, NATO Ally Organizations: UAE CNN, Foreign, United States Congress, US, Qatar, Group, CNN, ”, Qatar's, Turkish, Wednesday, Qatari, Hamas, Washington DC, Democratic, Al Udeid, Al Udeid Air Base, NATO Locations: Abu Dhabi, UAE, Israel, Qatar, Doha, United States, Washington, Egypt, Gaza, Gulf, Brussels, Israeli, ” Qatar, Thani, AFP, Qatari, Al Udeid Air

CNN —Iranian authorities have warned that crocodiles are being forced from their natural habitats as floods devastate parts of the country’s southeast. Three road construction workers have died in the flooding, Iranian state news agency IRNA reported on Thursday, which came after a record-breaking storm hit the Middle East. Videos broadcast by state news media IRNA and Tasnim showed widespread floods with people using boats to rescue others. The weather conditions were associated with a larger storm system traversing the Arabian Peninsula and moving across the Gulf of Oman. In Oman, at least 18 were killed in flash floods triggered by heavy rain, the country’s National Committee for Emergency Management said.

Persons: IRNA, Christopher Pike Organizations: CNN, Mehr, of Environment, Iranian, United Arab, UAE, Emergency Management Locations: Bandar Abbas, Kerman, Sistan, Baluchistan, Rivers, Bahu Kalat, Dubai, UAE, United Arab Emirates, Oman, Iran, Gulf of Oman

☆ Suspected Iranian spy ship sails for home, leaving troubled waters as Tehran braces for Israeli retaliation
▼ + stars: | 2024-04-18 | by ( Jake Epstein | ) www.businessinsider.com time to read: +1 min

An Iranian ship suspected of providing intelligence to the Houthis is sailing home. The MV Behshad spent several months near Yemen as the Houthis launched attacks. Shipping data shows its back near Iran as Tehran braces for a potential Israeli retaliation. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The vessel has been at sea for nearly three years and spent several months earlier this year lingering near Yemen.

Persons: Behshad, — Organizations: Shipping, Service, Business Locations: Yemen, Iran, Tehran, Israel, Gulf of Oman, Iran's, Hormuz

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