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download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe US has acquired 81 Soviet-era combat aircraft from Kazakhstan, the Kyiv Post reported. The motive behind the US purchase remains undisclosed, said the Post, fueling speculation about potential use in Ukraine, where similar aircraft are in service. Kazakhstan, formerly part of the Soviet Union, has maintained close ties to Russia and historically was one of its strongest allies. Some of Russia's outspoken propagandists have suggested that Russia should look to Kazakhstan next following its invasion of Ukraine.
Persons: , Kassym, David Cameron, Antony Blinken, Olivier Douliery, Vladimir Solovyov Organizations: Service, Kyiv Post, Business, Mikoyan MiG, Soviet, Airforce Technology, Russian Defense Ministry, Russian Aerospace Forces, Ukrainian Air Force, Russia, Foreign, Ak, AP, AFP Locations: Kazakhstan, Kyiv, Ukraine, Soviet, Afghan, Soviet Union, Russia, Moscow, Germany, Astana, Russian, Western, China, Afghanistan, Iran
On a cold spring day last month, Mohsen, a 36-year-old from Iran, woke before dawn and was hurried by smugglers onto a rubber boat on the coast of France. The water was calm and the sky clear, but he knew the risks of the journey he was about to make, he said. Since 2018, at least 72 people have drowned in the Channel while attempting crossings, according to the International Organization for Migration. He fled Iran, he said, because police officers came to his home last year threatening to arrest him after he took part in anti-government protests. And he boarded the boat even though he knew about the British government’s plan to deport some asylum seekers to the central African country of Rwanda, which was first announced in 2022.
Persons: Mohsen Organizations: Channel, International Organization for Migration Locations: Iran, France, Britain, Rwanda
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWEF president: Gaza crisis is at the 'core' of Middle East tensionsBorge Brende, World Economic Forum president, discusses geopolitical tensions between Israel and Iran and the Israel-Hamas war on the sidelines of a special WEF meeting in Riyadh. Saudi Arabia.
Persons: Borge Brende Organizations: Economic Locations: Gaza, Israel, Iran, Riyadh, Saudi Arabia
Arm Ukraine With Fanfare and Israel in Secret? That package will pay for billions of dollars of arms flowing to Ukraine, Israel and other nations. As soon as the bill became law, the administration issued new announcements about weapons shipments to Ukraine, but not about transfers to Israel. Press releases about military aid for Ukraine and Israel Since both wars began, the U.S. government has issued at least 126 press statements or updates describing military aid sent to Ukraine and just three describing military aid sent to Israel. Information on maritime support sent to … Ukraine IsraelInformation on air-based weaponry and drones sent to … Ukraine IsraelThere is another distinction worth noting.
Persons: Biden, Jonathan Ernst, Antony Blinken, , Josh Paul, Israel —, Ukraine Israel “, Daniel C, it’s, Benjamin Netanyahu Organizations: Reuters, Israel Defense Forces, Israel . Press, U.S . Department of State, U.S . Department of State ; U.S . Department of Defense, Internet, State Department, Defense Department, State and Defense, Washington Post, Ukraine authorizations, Democratic Party, West Bank, White, New York, Facebook Locations: Israel, Ukraine, U.S, U.S . Department of State ;, Ukraine Israel, Gaza, American, Egypt, Russian, Rafah, Lebanon, Iran, Iranian, Syria, United States
Yair Lapid Says the World Misunderstands Israel
  + stars: | 2024-04-27 | by ( Lulu Garcia-Navarro | ) www.nytimes.com   time to read: +1 min
Since Hamas attacked Israel on Oct. 7, killing more than 1,000 Israelis and capturing more than 200 hostages, Israel’s response has been swift and brutal. Most of Gaza’s infrastructure has been destroyed, and international pressure is mounting on Prime Minister Benjamin Netanyahu to end the war, and to avoid a new war with Iran. In this moment, I wanted to talk to one of Netanyahu’s most vocal critics inside Israel: Yair Lapid. He briefly became prime minister of Israel in 2022 — at the time, The Atlantic deemed him “the man who could end the Netanyahu era” — and he remains a member of the Knesset. After Oct. 7, he refused to join Netanyahu’s war cabinet.
Persons: Benjamin Netanyahu, Israel, Yair Lapid, Lapid, He’s, Netanyahu, Locations: Israel, Gaza, Iran, , Atlantic
These events tend to bring participation to the gold market because the commodity is viewed as a haven, he said. However, since the spot gold market is larger than the futures market, there is a tremendous amount of selling and buying volume for trading gold directly, which creates market depth at all times, he said. This creates more opportunities to capitalize by trading gold directly. However, in most cases, given the depth of the spot gold market (XAU/USD), order slippage is minimal, he noted. TradingViewHe emphasized that spot gold is often traded through an over-the-counter broker, and the volume bars may not be visible.
Persons: Shain Vernier, Vernier, isn't, it's, TradingView Organizations: Service, Business, HowToTrade.com, Traders, Bollinger, TradingView Locations: Iran, Israel
U.S. diplomacy to end the Gaza war and forge a new relationship with Saudi Arabia has been converging in recent weeks into a single giant choice for Israel and Prime Minister Benjamin Netanyahu: What do you want more — Rafah or Riyadh? Do you want to mount a full-scale invasion of Rafah to try to finish off Hamas — if that is even possible — without offering any Israeli exit strategy from Gaza or any political horizon for a two-state solution with non-Hamas-led Palestinians? If you go this route, it will only compound Israel’s global isolation and force a real breach with the Biden administration. Or do you want normalization with Saudi Arabia, an Arab peacekeeping force for Gaza and a U.S.-led security alliance against Iran? And what I find both disturbing and depressing is that there is no major Israeli leader today in the ruling coalition, the opposition or the military who is consistently helping Israelis understand that choice — a global pariah or a Middle East partner — or explaining why it should choose the second.
Persons: Benjamin Netanyahu, Biden, Israel, Organizations: Israel, Hamas, Iran, Palestinian Locations: Gaza, Saudi Arabia, Rafah, Riyadh, Arab, U.S, Israel, East
“We are not going anywhere until our demands are met,” Khymani James, a student at Columbia University, said during a news briefing Wednesday. Student demonstrators occupy the pro-Palestinian "Gaza Solidarity Encampment" on the West Lawn of Columbia University on April 24, 2024 in New York City. The Columbia protesters are also calling for the university to “disclose and sever all ties” with the New York Police Department. For example, Columbia protesters want the university to sever ties with the school’s center in Tel Aviv and a dual degree program with Tel Aviv University. New York University protesters use the school’s Tel Aviv center as a rallying cry as well.
Persons: ” Khymani James, Michael M, , Mike Johnson, Charlie Eaton, , It’s, Mark Yudof, it’s, ” Yudof, Yudof, he’s, Jonathan Macey, Macey, ” Lauren Post, don’t, Cary Krosinsky, Lockheed Martin, Basil Rodriguez, Rodriguez, ” Rodriguez, John Towfighi Organizations: New, New York CNN — College, Hamas, Universities, Columbia University, Student, Lawn of Columbia University, Getty, University of Southern, , Princeton University, Ivy League, Columbia University Apartheid, Columbia, New York Police Department, Students, Tel Aviv University . New York University, Republican, University of California, “ Bankers, Yale Law School, Defamation League, Post, ADL, Yudof, BDS, Universities don’t, Yale, Lockheed, Raytheon, CNN Locations: New York, America, Israel, Gaza, Palestinian, New York City, University of Southern California, Harlem, Columbia, Tel Aviv, South Africa, Merced, Ivory, Iran, Russia
Beijing CNN —US Secretary of State Antony Blinken said the US has seen evidence of Chinese attempts to “influence and arguably interfere” with the upcoming US elections, despite an earlier commitment from leader Xi Jinping not to do so. Then, Xi had pledged that that China would not do so, according to CNN reporting. The US believes that Chinese support is enabling Russia to ramp up production of tanks, munitions and armored vehicles – and to continue its onslaught on Ukraine. Instead, they characterized this as trade with Russia and said Moscow’s success didn’t depend on China, Blinken added. He also stressed the importance of such expression in democracies, without explicitly noting the lack of such freedoms in China.
Persons: Antony Blinken, Xi Jinping, Blinken, Kylie Atwood, Xi, Joe Biden, ” Blinken, Biden, , Russia Blinken, Wang Yi, , who’ve, we’ve, it’s, that’s, Jennifer Hansler Organizations: Beijing CNN —, Moscow, CNN, Biden, Russia, , Israel Locations: Beijing, China, American, San Francisco, Canada, Russia, Ukraine, Gaza, Iran, Israel, Palestinian, Saudi Arabia
I feel as if I’ve always known who Salman Rushdie is. In August of 2022, more than 30 years after the fatwa, a fanatic with a knife attacked and tried to kill Rushdie. His latest book, “Knife: Meditations After an Attempted Murder,” is about the attack and its aftermath. This is what I now understand after reading “Knife,” what I now understand after I went and read, for the first time, “The Satanic Verses”: I have never known who Salman Rushdie is. How many people out there do I wrongly think that I know?
Persons: , Ezra Klein, I’ve, Salman Rushdie, , Ruhollah Khomeini, Rushdie, it’s, It’s Organizations: Apple, Spotify, Amazon Music, Google Locations: Iran
Beijing CNN —China and the US face a choice between stability and a “downward spiral,” Chinese Foreign Minister Wang Yi told counterpart Antony Blinken on Friday in Beijing, as the American diplomat kicked off a day of meetings with top Chinese officials. “Should China and the United States keep to the right direction of moving forward with stability or return to a downward spiral? Or engage in rivalry and confrontation – or even slide into conflict, which would be a lose-lose for all?” he said, speaking through an interpreter. Wang’s comments come as Chinese officials bristle at actions Washington has taken in the name of national security, which Beijing sees as meant to suppress its development. Officials from both nations suggested ahead of the trip that the visit would be focused on managing the relationship and communicating concerns.
Persons: Wang Yi, Antony Blinken, China –, ” Wang, Blinken, , Washington, Joe Biden, Wang, ” Blinken, Biden, Xi Jinping, White, China’s, Organizations: Beijing CNN —, Russia, Ukraine, Foreign Ministry, , Communist Party, Taiwan Locations: Beijing, Beijing CNN — China, American, China, Russia, South, Taiwan, , United States, Diaoyutai State, California, Moscow, Iran, East, Ukraine, Korean
Israel’s defense minister has said that the country’s military has eliminated half of Hezbollah’s commanders in southern Lebanon. But analysts doubt whether Israel’s increasing use of targeted killings would weaken the militant group. “Half of the Hezbollah commanders in southern Lebanon have been eliminated,” Israel’s defense minister, Yoav Gallant, said during a visit on Wednesday to Israeli troops along the northern border with Lebanon. “The other half are in hiding,” he added, without providing a specific number or evidence of his claim. A Hezbollah official and a senior Lebanese intelligence official, both of whom spoke anonymously to discuss the sensitive subject, denied Mr. Gallant’s numbers on Thursday.
Persons: Yoav Gallant, , Israel’s Organizations: Hezbollah Locations: Lebanon, Israel, Lebanese
The outbreak of a major conflict in the Middle East could trigger an energy shock that pushes oil prices above $100 a barrel, fuels inflation and results in higher interest rates for longer, the World Bank warned Thursday. The governments in Jerusalem and Tehran appear to have decided against escalation after exchanging direct strikes on each other's territory for the first time. Oil prices have pulled back nearly 4% from recent highs as investors have discounted the probability of a wider war in the Middle East. The World Bank, however, cautioned that the situation in the region remains uncertain. "The world is at a vulnerable moment: a major energy shock could undermine much of the progress in reducing inflation over the past two years," said World Bank Chief Economist Indermit Gill.
Persons: Israel, Indermit Gill Organizations: World Bank, Bank Locations: Isfahan Refinery, Iran, Isfahan, Jerusalem, Tehran
Oil prices eased in early trade on Thursday as concerns about a potential slowdown in the U.S. economy amid prospects for delayed interest rate cuts outweighed worries over the risk of expanding conflict in the Middle East. Oil prices eased in early trade on Thursday as concerns about a potential slowdown in the U.S. economy amid prospects for delayed interest rate cuts outweighed worries over the risk of expanding conflict in the Middle East. Israel also said it was moving forward with plans for an all-out assault on Rafah in the south. Energy Information Administration, or EIA, data on Wednesday indicated U.S. crude oil inventories unexpectedly fell last week as exports jumped, while gasoline stockpiles decreased less than forecast. "The data provided a temporary boost to oil prices, but it didn't seem to last long," Fujitomi's Tazawa said.
Persons: Toshitaka Tazawa, Fujitomi's Tazawa Organizations: Brent, U.S . West Texas, Fujitomi Securities Co Ltd, U.S . Federal Reserve, Energy Information Administration, EIA Locations: U.S, East, Iran, Israel, Gaza, Rafah
World leaders are gathering in Ottawa, Ontario, this week to hash out a global treaty to end plastic pollution. This story is available exclusively to Business Insider subscribers. AdvertisementHundreds of businesses and countries support cutting plastic production. Lin represents the Business Coalition for a Global Plastics Treaty, which includes more than 200 companies. Cutting plastic production would also hit the bottom line of oil majors such as Exxon.
Persons: Carroll Muffett, Jose Fernandez, Biden, Allison Lin, Lin, Stewart Harris, Harris, Neil Nathan, Nathan, He's Organizations: Service, Business, Center for International Environmental Law, Organization for Economic Co, Lawrence Berkeley National Laboratory, State Department, Mars Inc, Business Coalition, Global Plastics, Walmart, PepsiCo, International Council of Chemical Association, Oxford Economics, Exxon, The International Energy Agency, UC Santa Barbara, US Locations: Ottawa , Ontario, Russia, Iran, Saudi Arabia, Washington, DC, Paris, Ottawa, Belgium
Bitcoin is set for more price gains later this year, even after a recent retreat in prices, according to Standard Chartered's top crypto analyst. Geoffrey Kendrick, head of foreign exchange research, West, and digital assets research at Standard Chartered, said in a research note this week that he sees bitcoin rising to $150,000 per coin, and ether hitting $8,000 by the end of 2024 — doubling down on a bullish prediction from the bank earlier this year. Bitcoin temporarily sank below $60,000 last week as traders reacted to news of an escalating military conflict between Iran and Israel. Also, large long liquidations over the past couple of weeks mean that market positioning is a lot cleaner," Kendrick said. "As a result, with Middle East tensions easing I think it is time to re-engage in medium-term longs."
Persons: Geoffrey Kendrick, Kendrick, Bitcoin, bitcoin, That's Organizations: Standard Chartered, BTC, ETH, Securities and Exchange Commission, Treasury, HK Locations: Israel, Iran, United States, U.S
CNN —Dissident rapper Toomaj Salehi has been given a death sentence for his involvement in the widespread protests that swept Iran in 2022, according to his lawyer. “An order for the execution of Toomaj Salehi has been issued,” Salehi’s lawyer Amir Raesian tweeted Wednesday. State media said Salehi’s sentence is subject for reduction by a pardoning committee if he appeals again. A court in Tehran sentenced Yasin to five years in prison, according to group focused on Kurdish human rights, Hengaw. “We strongly condemn Toomaj Salehi’s death sentence and the five-year sentence for Kurdish-Iranian rapper Saman Yasin.
Persons: Toomaj Salehi, , , Amir Raesian, rearrested, Saman Yasin, Yasin, Toomaj, Salehi Organizations: CNN —, UN, Human Rights, United States ’ Office Locations: Iran, Isfahan, Entekhab, Iranian, Tehran, United, Europe, Ye
High inflation will stay for longer as commodity prices rallied again after falling for two years, World Bank Group says. The bank expects global inflation to jump by a solid percentage point by 2024 due to the flip-flop oil prices driven by geopolitical risks. But this sluggish decline will buoy commodity prices around 38% higher than pre-COVID averages, offering little relief for inflation-weary economies. The World Bank warned that a significant disruption could propel oil prices beyond $100 per barrel, hiking global inflation by almost a full percentage point in 2024. That fear of lower growth and high inflation was on display in the US on Thursday, as first-quarter GDP came in much lower than expected even as consumer prices remained high in the quarter.
Persons: , wanes, Indermit Gill, Ayhan Kose Organizations: World Bank, Service, World Bank Group, Bank Locations: Israel, Iran, Ukraine, Russia
A dissident rapper has been sentenced to death in Iran after releasing music in support of antigovernment demonstrations that rocked the country in 2022, according to his lawyer, in a case that has prompted global condemnation. The rapper, Toomaj Salehi, 33, was one of the most prominent voices among those arrested over nationwide protests against Iran’s clerical rulers after the death in police custody of Mahsa Amini, 22. Human rights organizations have been calling for Mr. Salehi’s release, saying that he has been tortured in prison and warning that he could face execution. Amir Raesian, Mr. Salehi’s lawyer, told the Iranian reformist newspaper Shargh in an article published on Wednesday that a court in the central city of Isfahan had sentenced Mr. Salehi to death and that his client planned to appeal. The office of the U.S. Special Envoy for Iran condemned the sentence, calling it another example of “the regime’s brutal abuse of its own citizens, disregard for human rights, and fear of the democratic change the Iranian people seek.”
Persons: Toomaj Salehi, Mahsa Amini, Amir Raesian, Salehi’s, Mr, Salehi, Organizations: U.S . Locations: Iran, Iranian, Isfahan
The US Senate has passed a $95 billion package that includes money for Israel, Ukraine and Taiwan. The new legislation includes sanctions on Iran, the seizure of frozen Russian sovereign assets and a measure that could lead to a nationwide ban of TikTok. The bill next goes to President Joe Biden, who said he would sign it into law on Wednesday. “This critical legislation will make our nation and world more secure as we support our friends who are defending themselves against terrorists like Hamas and tyrants like Putin,” Biden said. Here are the latest developments in the region:
Persons: Joe Biden, Putin, ” Biden Organizations: Senate Locations: Israel, Ukraine, Taiwan, Iran
The top US diplomat landed in Shanghai where he is expected to meet local officials and business leaders, and he will then travel to Beijing for meetings with senior Chinese officials. “We are in a different place than we were a year ago when the bilateral relationship was at an historic low point,” a senior State Department official said. “Russia is no longer kind of on its back foot,” a second senior State Department official said. Blinken will make the case that China should weigh in “more directly” with Iran to be less provocative in the region, the second senior State Department official said. “In both cases the Chinese have taken some early steps,” said the second senior State Department official, adding that there is still “much more” that needs to be done on both fronts.
Persons: Antony Blinken, Joe Biden, Xi Jinping, Janet Yellen, Biden, Xi, , , ” Blinken, Matthew Miller, Leah Millis, China’s, ” Xi, Blinken, ” Miller, it’s, Mark Swidan, Kai Li, David Lin Organizations: CNN, State Department, Ukraine, US, Foreign Ministry, of, People, Biden, Chinese Foreign Ministry, ASEAN, Association of Southeast Asian Nations, Beijing, Party, Taiwan, Communist, Taiwan Relations, White Locations: China, Ukraine, Shanghai, Beijing, California, Russia, Moscow, Italy, “ Russia, , Europe, United States, South China, Philippine, Washington, Philippines, South, Taiwan, Taiwan Strait, East, Iran
A pumpjack is shown outside Midland-Odessa area in the Permian basin in Texas, U.S., July 17, 2018. Image taken July 17, 2018. U.S. crude oil fell back below $83 a barrel on Wednesday after rallying nearly 2% in the prior session. Traders are waiting for the latest U.S. petroleum inventory data with the market's focus shifting back to supply and demand fundamentals as the threat of war between Israel and Iran has faded. Here are the latest energy prices:The U.S. Senate passed a foreign aid package that would expand sanctions against Iranian oil and target ports, vessels and refineries that knowingly accept the Islamic Republic's crude exports.
Organizations: Traders, U.S, Senate Locations: Midland, Odessa, Texas, U.S, Israel, Iran
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
CNN —Argentina is seeking the arrest of Iran’s Interior Minister Ahmad Vahidi for allegedly being one of the perpetrators of the 1994 bombing of a Jewish community center in the capital Buenos Aires. The Argentine Foreign Ministry said in a statement Tuesday that, at its request, Interpol had issued a red notice for Vahidi’s arrest over the bombing of the Argentine Israelite Mutual Association (AMIA). The aftermath of the bomb attack at the AMIA center in Buenos Aires on July 18, 1994. Diego Levy/Bloomberg/Getty ImagesThe 1994 attack – the worst in Argentina’s history – killed 85 people and injured about 300. “Thank you to President (Javier) Milei and Foreign Minister Diana Mondino for the request to issue an order for his arrest for the attack against the Jewish community,” he wrote.
Persons: Ahmad Vahidi, Vahidi, Diego Levy, , Nasser Kanaani, , Israel Katz, Argentina’s, Javier, Milei, Diana Mondino, , Ayatollah Ali, Khamenei Organizations: CNN —, Argentine Foreign Ministry, Interpol, Argentine Israelite Mutual Association, CNN, Español, Bloomberg, Getty, Iran’s Foreign, ” Israel’s Locations: CNN — Argentina, Buenos Aires, Argentina, Iran
The S&P 500 is in its most perilous position since late last summer, cautioned David Keller, the chief market strategist at StockCharts.com. After an uptick in volatility in March 2023, the S&P 500 enjoyed a virtually uninterrupted rally before peaking on the final day of July. Related storiesIn the meantime, investors should keep a close eye on two key technical support levels for the S&P 500, Keller said: 5,050 and 4,820. Utilities are one of only two parts of the market that's up in the last month, due to its risk-off nature. The VanEck Gold Miners ETF (GDX) is another compelling way to ride that rally, Keller said.
Persons: , David Keller, I'm, Keller, Stocks, StockCharts.com, they're, Keller isn't, that's Organizations: Service, Business, Utilities, StockCharts.com, VanEck Oil Services, P Oil & Gas Exploration, Production, Miners Locations: East, Israel, Freeport
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