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☆ Europe has shown it's less afraid of calling Putin's bluff than the US and getting Ukraine what it needs to fight Russia
▼ + stars: | 2024-07-19 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +15 min

Many European countries have also given more as a proportion of their GDP than the US has. AP Photo/Peter DejongIn early 2023, France became the first Western country to promise to send Ukraine Western armored combat vehicles. European countries have also led in letting Ukraine use Western weapons to hit military targets in Russia. But there are still hangups, and some European countries want partner support for Ukraine to go much further. He said that for most Americans, "if you ask them to name five European countries, they probably wouldn't be able to do it."

Persons: —, Vladimir Putin's, George Barros, Russia doesn't, Ukraine's, Joe Biden, Volodymyr Zelenskyy, Peter Dejong, Bradleys, Abrams, Davis Ellison, John Hamilton, Russia didn't, Ellison, Donald Trump, Mark Cancian, Kaja, Andrew Kravchenko Barros, Ingrida Šimonytė, Putin, Barros, It's, forwardness, Philip Ingram, Ingrida Simonyte, Denys Shmyhal, it's, Getty Images Ingram, Biden, JD Vance, it'll Organizations: Service, Kyiv, Business, High Mobility Artillery Rocket Systems, Mirage, AP, Ukraine Western, US, Army Tactical Missile Systems, Storm Shadows, The Hague, Strategic Studies, Army Tactical Missile, Russian, NATO, Marine, Center for Strategic, International Studies, Eastern, Estonia's, Lithuanian, REUTERS, British Army, Ukrainian Governmental Press Service, Anadolu, Getty Images, Republican, America, GOP, Ukraine, Prosecutor's, Getty, White Locations: Russia, Ukraine, Washington, Europe, United States, Russian, Denmark, Netherlands, Norway, Belgium, European, Sweden, France, Paris, Kharkiv, Poland, Germany, Zhytomyr, Kyiv, Borodianka, Ukraine's Kyiv, Ukrainian

☆ Putin said Russia could send long-range weapons around the world to those who want to strike Western facilities
▼ + stars: | 2024-06-06 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Read previewRussian leader Vladimir Putin said on Wednesday he could send long-range weapons to "regions around the world" wanting to strike Western targets after the US and its allies authorized Ukrainian strikes with their arms on Russian soil. He claimed without evidence that Western nations supplying long-range arms to Ukraine were also deploying personnel to direct and aim munitions fired by said weapons. Putin's comments came just days after Washington and Berlin reversed their long-standing policies and allowed Kyiv to launch strikes with American and German weapons. AdvertisementBut President Joe Biden has only permitted Ukraine to fire on military targets in Russian regions bordering the northeastern region of Kharkiv. AdvertisementThe US sent Ukraine about $47 billion in military aid between February 2022 and February 2024, per the Kiel Institute.

Persons: —, Vladimir Putin, Putin, We're, John Kirby, It's, Joe Biden Organizations: Service, Atlantic Treaty Organization, Russian Federation, Business, Kremlin, White House, Kiel Institute, Congress, Center for Strategic & International Studies Locations: St . Petersburg, Kyiv, Moscow, Russia, Ukraine, Washington, Berlin, France, Kharkiv, Russian, Belgorod, couldn't, Europe, Kiel

CNN —At least 12 Palestinians drowned off the northern Gaza coast near Beit Lahia on Monday while trying to reach airdropped parcels that had landed in the sea, according to local paramedics. Abu Mohammad, who witnessed the incident, told CNN the aid was dropped far from the coast into the sea, after which multiple men “who don’t know how to swim drowned” while trying to retrieve it. Aid parcels are dropped onto the shores of Gaza. Palestinians retrieve an aid parcel from the sea. These humanitarian aid drops occur over water and the wind causes the bundles to drift over to land.

Persons: Abu Mohammad, “, ”, haven’t, Al, airdrops, ” Israel, Washington, Israel Katz, Sabrina Singh, Beit, ” Abu Mahmoud al, Nather Organizations: CNN, Hamas, Oxfam, Human Rights Watch, UN Security Council, Security, Amnesty International, Israel Defense Forces, Pentagon Locations: Gaza, Beit Lahia, Al Shati, Gaza City, UN, Israel, Israeli, Egypt, Germany, US, Singapore, UAE, Jordanian

☆ China slams the U.S. for interfering in Arunachal Pradesh border dispute with India
▼ + stars: | 2024-03-21 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +2 min

A tableau of Arunachal Pradesh state during the Republic Day parade along Kartavya Path in New Delhi, India, on Friday, Jan. 26, 2024. China slammed the United States for interfering in its border dispute with India, after Washington said it recognized the disputed Arunachal Pradesh as a part of Indian territory. China, which refers to the territory as Zangnan, claims Arunachal Pradesh is part of southern Tibet. India rejects those claims, stating Arunachal Pradesh has always been a part of India. Kugelman pointed out that the U.S. typically refrains from commenting on some Indian border disputes, such as the one with Pakistan over Kashmir.

Persons: Washington, Lin Jian, China's, Narendra Modi, Vedant Patel, Zangnan, Lin, Michael Kugelman, Kugelman Organizations: India's, Foreign Ministry, U.S . State Department, United, LAC, South Asia Institute, Wilson Center, CNBC Locations: Arunachal Pradesh, New Delhi, India, China, United States, Beijing, Indian, Tibet, U.S, Pakistan, Kashmir, Washington

☆ US VP Harris: Will Work to Ensure Russia Pays Damages to Ukraine
▼ + stars: | 2024-02-17 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +1 min

BERLIN (Reuters) - U.S. Vice President Kamala Harris said that U.S. President Joe Biden's administration stood ready to support Ukraine in its war with Russia for "as long as it takes" and would push for Russia to pay damages to Ukraine following the end of the war. "We will continue in our efforts to secure a just and lasting peace. We will work to make sure Russia pays damages to Ukraine," she said at a joint news conference with Ukraine's President Volodymyr Zelenskiy at the annual Munich Security Conference on Saturday. "President Biden and I will continue to work to secure the resources and weapons you need to succeed," she said. The Latest Photos From Ukraine View All 91 ImagesPhotos You Should See View All 33 Images(Reporting by Sarah Marsh; Writing by Maria Sheahan)

Persons: Kamala Harris, Joe Biden's, Volodymyr Zelenskiy, Biden, Sarah Marsh, Maria Sheahan Organizations: BERLIN, Security, Washington, Ukraine, U.S . Congress Locations: Ukraine, Russia

But the judge angrily told prosecutors that their questions to the witness had crossed the line. Jam Master Jay, born Jason Mizell, was shot dead in his recording studio on Oct. 30, 2002. After lengthy discussion, DeArcy Hall decided the trial could continue, with a caveat: She told jurors to disregard the two questions and their answers. Misorek was cleared to ask whether Washington “said anything else about Jam Master Jay's murder.”“Um, he just said that he killed him,” McDonald said, and that answer was allowed to stand. Prosecutors and an eyewitness say Jordan shot the rap star while Washington stood at the door and brandished a gun.

Persons: Jay, LaShann DeArcy, Jason Mizell, Ronald Washington, Karl Jordan Jr, Daynia McDonald, Mizell, Washington, “, ’ ”, Mark Misorek, ”, McDonald, Susan Kellman, Artie McConnell, DeArcy Hall, Misorek, Washington “, Jay's, ” McDonald, Jordan, gunning Organizations: — Defense, District, Washington, U.S, Prosecutors Locations: U.S, Jordan, Washington

The announcement Thursday came just weeks before Attorney General Bob Ferguson's case was set for trial against Providence Health and Services, which operates 14 hospitals in Washington under the Providence, Swedish and Kadlec names. “Hospitals — especially nonprofits like Providence — get tax breaks and other benefits with the expectation that they are helping everyone have access to affordable health care,” Ferguson said at a news conference. “When they don't, they're taking advantage of the system to their benefit.”Providence has already erased about $125 million in medical debt following the state's lawsuit two years ago, Ferguson said. “Charity care and financial assistance are vital resources for patients who cannot afford health care,” said Providence Chief Financial Officer Greg Hoffman. The state is still pursuing related claims against two debt-collection firms Providence used.

Persons: Washington —, Bob Ferguson's, ” Ferguson, Ferguson, ”, Greg Hoffman, Providence Organizations: SEATTLE, Providence Health and Services, Providence, ” Locations: Providence, Washington

Now "it's like 'plus-10' and then China," he added, with the latter down to providing half of Industry West's products and being trimmed more. China recorded its first-ever quarterly deficit in foreign direct investment in July-September, suggesting capital outflow pressure. But for the first time in the four decades since China opened up to foreign investments, executives are now also concerned about long-term growth prospects. Primavera Capital founder Fred Hu cites mounting macroeconomic uncertainty, a "murky capital market outlook," and lingering concerns over past regulatory crackdowns on high-growth industries such as technology and education. Despite the challenges, foreign investment flows are not unidirectional.

Persons: Jordan England, Nicholas Lardy, England, I'm, Li Qiang's, Li, Michael Hart, Noah Fraser, Fred Hu, Hu, Joe Cash, Ellen Zhang, Kane Wu, Eduardo Baptista, Don Durfee, Kripa Jayaram, Marius Zaharia, Jamie Freed Organizations: China, Reuters, Peterson Institute for International Economics, LONG, Conference Board, China International, Canada China Business Council, Reuters Graphics, Primavera Capital, Tech, Thomson Locations: China, BEIJING, HONG KONG, Southeast Asia, Eastern Europe, Mexico, England, Florida, Washington, Beijing, consultancies, U.S, Asia, Australia, Europe, Hong Kong

Here are some of the main players and negotiating blocs involved in the COP28 conference starting Nov. 30 in Dubai. In climate negotiations, Beijing argues that wealthy developed countries like the United States, the biggest historical CO2 emitter, should move first and fastest in climate policy and finance. Despite having the world's second largest economy after the United States, China considers itself as a developing nation in the climate talks. But U.S. delegates will face pressure for climate finance after Washington pledged no new climate cash to the United Nations this year. AFRICAN GROUP OF NEGOTIATORSAfrican countries will be pushing at COP28 for climate finance and financial mechanisms to speed up green energy projects.

Persons: Rula, Kate Abnett, Katy Daigle, Josie Kao Organizations: Abu Dhabi Sustainability, REUTERS, UNITED, Washington, United Nations, EU, GROUP, Marshall, European Union, Thomson Locations: UAE, Abu Dhabi, Dubai . CHINA China, China, Beijing, United States, U.S, Union, United, United Kingdom, London, Brazil, South Africa, India, Saudi Arabia, CHINA, Kenya, Ethiopia, Senegal, Mozambique, Vanuatu, Costa Rica

☆ Brent crude futures climb over 2% to gain $2
▼ + stars: | 2023-11-20 | by ( Erwin Seba | ) www.reuters.com time to read: +3 min

Brent crude futures were up $2.00 to $82.61 a barrel by 9:39 a.m. CDT (1539 GMT). Oil prices have dropped by almost 20% since late September while prompt inter-month spreads for Brent and WTI slipped into contango last week. "If additional cuts are agreed, a short-term price boost is expected, but its longer-term price impact seems dubious as enforcement and adherence will be the salient issue." Investors are also keeping an eye on Russian crude oil trade after Washington imposed sanctions on three ships that have sent Sokol crude to India. The number of oil and gas rigs operated by U.S. companies rose last week, the first gain in three weeks, energy services business Baker Hughes said on Friday.

Persons: Leonhard Foeger, WTI, Tamas Varga, Sokol, Baker Hughes, Erwin Seba, Paul Carsten, Florence Tan, Emily Chow, David Goodman, Ed Osmond Organizations: REUTERS, Brent, . West Texas, Reuters, of, Petroleum, Moscow, IIR Energy, Thomson Locations: Vienna, Austria, HOUSTON, Russia, Brent, Washington, India, U.S, East, Gaza, Houston

Oil prices have dropped by almost 20% since late September while prompt inter-month spreads for Brent and WTI slipped into contango last week. "In light of last week's obliteration of oil bulls, some kind of response was forthcoming from the (OPEC) producer group," said Tamas Varga of oil broker PVM. Investors are also keeping an eye on Russian crude oil trade after Washington imposed sanctions on three ships that have sent Sokol crude to India. U.S. energy companies last week added oil and gas rigs for the first time in three weeks, energy services business Baker Hughes said on Friday. The oil and gas rig count serves as an early indicator of future output.

Persons: Leonhard Foeger, Brent, WTI, Tamas Varga, Sokol, Baker Hughes, Paul Carsten, Florence Tan, Emily Chow, David Goodman Organizations: REUTERS, . West Texas, Reuters, of, Petroleum, Moscow, IIR Energy, Thomson Locations: Vienna, Austria, Israel, Russia, Brent, Washington, India, U.S, East, Gaza, London

☆ Oil extends gains on expectations of further OPEC+ supply cuts
▼ + stars: | 2023-11-20 | by ( Emily Chow | ) www.reuters.com time to read: +3 min

SummaryCompanies Brent, WTI prices rise nearly 1%OPEC+ set to consider whether to make more supply cuts -sourcesUS adds oil, gas rigs, first time in three weeks -Baker HughesSINGAPORE, Nov 20 (Reuters) - Oil futures edged higher on Monday, extending gains on expectations of OPEC+ deepening supply cuts to shore up prices, which have fallen for four weeks on easing concern of Middle East supply disruption amid the Israel-Hamas conflict. Both contracts settled 4% higher on Friday after three OPEC+ sources told Reuters that the producer group, made up of the Organization of the Petroleum Exporting Countries and their allies including Russia, is set to consider whether to make additional oil supply cuts when it meets on Nov. 26. Oil prices have dropped by almost 20% since late September while prompt inter-month spreads for Brent and WTI slipped into contango last week. In a contango market, prompt prices are lower than those in future months, signalling sufficient supply. Investors are also eyeing disruption in Russian crude oil trade after Washington imposed sanctions on three ships that have sent Sokol crude to India.

Persons: Brent, Baker Hughes, WTI, OPEC's, Jorge Leon, Leon, Tony Sycamore, Biden, Sycamore, Sokol, Florence Tan, Emily Chow, Christopher Cushing Organizations: West Texas, Reuters, Organization of, Petroleum, Rystad Energy, Monetary, . Strategic Petroleum Reserve, Thomson Locations: Baker Hughes SINGAPORE, East, Israel, Russia, Brent, Saudi Arabia, Saudi, OPEC, Washington, India, Moscow, U.S, Gaza

☆ An expired remnant of the Iran nuclear deal may help Russia rearm for another winter of missile attacks on Ukraine
▼ + stars: | 2023-11-20 | by ( Paul Iddon | ) www.businessinsider.com time to read: +7 min

A UN Security Council resolution passed in the days after the 2015 Iran nuclear deal has expired. That could lead Russia to seek ballistic missiles from Iran as it steps up its attacks on Ukraine. UN Security Council Resolution 2231 was passed in July 2015, days after the US and Iran agreed on the Iran nuclear deal. Russia continues to produce its own missiles and drones, but its constant attacks on Ukraine have strained its supplies. Iran's Zolfaghar Basir, top, and Dezful short- and medium-range ballistic missiles in Tehran in January 2022.

Persons: —, Morteza, Iran's Zolfaghar, Anton Mardasov, Mardasov, Rosoboronexport, Farzin, Moscow hasn't, Nadimi, Paul Iddon Organizations: UN Security, Service, UN, EU, Missile Technology Control, Iran's, Washington, UN Security Council, Moscow, Iranian, Business, Mardasov, Iranian Army, Anadolu Agency, Getty Images, Washington Institute for Near East Locations: Iran, Russia, Ukraine, Moscow, France, Germany, China, Tehran, Shahed, Russian, East, Syria, Israel, Arab, Iranian, Getty Images Russia

☆ Oil extends gains as OPEC+ to mull deeper cuts
▼ + stars: | 2023-11-20 | by ( ) www.cnbc.com time to read: +2 min

An oil pump jack is seen in the Loco Hills region, New Mexico, U.S., April 6, 2023. Oil futures nudged higher on Monday, extending gains on expectations of OPEC+ deepening supply cuts to shore up prices, which have fallen for four weeks on easing concern of Mid-East supply disruption brought about by the Israel-Hamas conflict. Brent crude futures climbed 11 cents, or 0.1%, to $80.72 a barrel by 0012 GMT while U.S. West Texas Intermediate crude was at $75.97 a barrel, up 8 cents. Oil prices have dropped by almost 20% since late September while prompt inter-month spreads for Brent and WTI slipped into contango last week. Investors are also eyeing disruption in Russian crude oil trade after Washington imposed sanctions on three ships that have sent Sokol crude to India.

Persons: Brent, WTI, Goldman Sachs, Tony Sycamore, Biden, Sokol Organizations: West Texas, Reuters, Organization of, Petroleum, . Strategic Petroleum Reserve Locations: New Mexico, U.S, Israel, Russia, Brent, Saudi Arabia, OPEC, Washington, India, Moscow, East, Gaza

Federal rules require banks to reimburse customers for payments made without their authorization, such as by hackers, but not when customers themselves make the transfer. Following its launch in 2017, Zelle grew to become one of the largest U.S. peer-to-peer payments networks by total payments. A March 2022 New York Times report that scams were flourishing on Zelle caught the attention of lawmakers frequently critical of big banks, including Senator Elizabeth Warren. He said Zelle has seen "a step-change reduction" in fraud and scam rates this year but declined to provide details. Chance said EWS has been engaging with policymakers on the need for a "holistic approach" to combating scams, including advocating for more dedicated law enforcement resources.

Persons: Jamie Dimon, Jane Fraser, Brian Moynihan, Banks, Ben Chance, Zelle, Elizabeth Warren, Warren, Dimon, EWS, Chance, ”, Trace, Carla Sanchez, Adams, we're, Lindsey Johnson, Hannah Lang, Chris Prentice, Michelle Price, Rod Nickel Organizations: JPMorgan Chase, Citigroup, Bank of America, Banking, Housing, Urban Affairs, Capitol, Warning, Reuters, Federal, JPMorgan, New York Times, Federal Trade Commission, Consumer Financial Protection Bureau, PayPal, National Consumer Law, Consumer Bankers Association, Thomson Locations: Zelle, U.S, Warren, Washington, New York

[1/3] A state oil company PDVSA's logo is seen at a gas station in Caracas, Venezuela May 17, 2019. The restrictions were removed in response to a deal reached between the country's government and opposition parties for the 2024 election. JPMorgan's index team, which has made no statement as yet on the future treatment of the Venezuelan bonds, has reached out informally to investors to discuss the topic, the sources said. Venezuela and PDVSA have around $60 billion of international bonds outstanding, which are in default. The decision on index membership and weighting is taken by JPMorgan, though any changes usually follow consultations with investors.

Persons: Ivan Alvarado, Rodrigo Campos, Jorgelina, Rosario, Karin Strohecker, Christina Fincher, Nick Zieminski Organizations: REUTERS, JPMorgan, Reuters, Thomson Locations: Caracas, Venezuela, United States, PDVSA, Washington

☆ US Veto at UN to Shield Israel Could Weaken Its Ukraine Rallying Cry
▼ + stars: | 2023-10-20 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +6 min

In 2017 and 2018, the United States - under then-President Donald Trump - cast two vetoes to shield its ally Israel, complicating a U.S. campaign to reform the U.N. Human Rights Council. "The wider world will see an equivalence between this veto by the U.S. and Russia's behavior over Ukraine. Israel has since pounded Gaza from the air and imposed a complete siege on the enclave. "We cannot choose to call on the U.N. Charter's principles to protect Ukraine and ignore it for Palestine," the diplomat said. "You have been preaching and lecturing us for decades, especially Western countries, about human rights and international law," he said.

Persons: Michelle Nichols UNITED, Donald Trump, Linda Thomas, Greenfield, Joe Biden, Antony Blinken, Biden, Blinken, Nate Evans, U.N, Richard Gowan, Israel, Louis Charbonneau, Jeffrey Feltman, Vassily Nebenzia, Libya's U.N, Taher El, Michelle Nichols, Howard Goller Organizations: Michelle Nichols UNITED NATIONS, Reuters, United Nations, Hamas, . Security, Human Rights, Washington, U.S, General Assembly, Crisis, Islamist, Brookings Institution Locations: Ukraine, Washington, Gaza, Israel, West, Russia, China, United States, U.S, New York, Moscow, Beijing, Africa, Asia, Europe, Palestine, African, Arab, Russian, Brazil, United

☆ US veto at UN to shield Israel could weaken its Ukraine rallying cry
▼ + stars: | 2023-10-20 | by ( Michelle Nichols | ) www.reuters.com time to read: +6 min

Persons: Andrew Kelly, Donald Trump, Linda Thomas, Greenfield, Joe Biden, Antony Blinken, Biden, Blinken, Nate Evans, U.N, Richard Gowan, Israel, Louis Charbonneau, Jeffrey Feltman, Vassily Nebenzia, Libya's U.N, Taher El, Michelle Nichols, Howard Goller Organizations: United Nations Security Council, REUTERS, UNITED NATIONS, United Nations, Hamas, . Security, Human Rights, Washington, U.S, General Assembly, Crisis, Islamist, Brookings Institution, Reuters, Thomson Locations: Israel, U.N, New York, U.S, Ukraine, Washington, Gaza, West, Russia, China, United States, Moscow, Beijing, Africa, Asia, Europe, Palestine, African, Arab, Russian, Brazil, United

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023. A rise in U.S. Treasury yields, with the 10-year yields up at 4.813%, pressured megacaps Apple (AAPL.O), Microsoft (MSFT.O), Alphabet (GOOGL.O) and Amazon.com (AMZN.O), dragging them down between 0.1% and 0.5%. Bank of America (BAC.N) gained 3.1%, boosting the S&P 500 (.SPX) as it joined rivals in earning more from interest payments by its customers, while investment banking and trading fared better than expected. Economy-sensitive energy (.SPNY) and materials stocks (.SPLRCM) led gains amongst the major S&P 500 sectors, while information technology (.SPLRCT) lagged behind. Dollar Tree (DLTR.O) rose 4.4% after Goldman Sachs upgraded the discount retail chain's shares to "buy" from "neutral".

Persons: Brendan McDermid, Goldman Sachs, megacaps, Sam Stovall, Thomas Barkin, Biden, Joe Biden, Benjamin Netanyahu, Lockheed Martin, Ankika Biswas, Shashwat Chauhan, Vinay Dwivedi Organizations: New York Stock Exchange, REUTERS, Companies, Biden, Dow, Nasdaq, Treasury, megacaps Apple, Microsoft, CFRA Research, Federal Reserve Bank of Richmond, Bank of America, Semiconductor, Dow Jones, Israel, Washington, VMware, NYSE, Thomson Locations: New York City, U.S, China, megacaps ., Philadelphia, Bengaluru

Speaking at an online briefing ahead of next week's U.S.-Japan Energy Security Dialogue, Pyatt also said the United States and its partners in the Group of 7 were committed to denying Russia any energy revenues. "It's very clear to me that Russia is never again going to be viewed as a reliable energy supplier," Pyatt told reporters. "In the case of our G7 partners in particular, we are also committed to work jointly to deny Russia future energy revenues, and target in particular investments and projects growing Russia's future energy revenue," he added. Russia has played down the impact of Western sanctions, saying they are used by the United States to eliminate Moscow as a competitor in global energy supplies. In September, the United States issued fresh sanctions related to Russia's Novatek-led (NVTK.MM) Arctic LNG 2 project in which two Japanese energy firms - Mitsui (8031.T) and JOGMEC - are shareholders.

Persons: Alexey Malgavko, Energy Resources Geoffrey Pyatt, Pyatt, Yuka Obayashi, Miral Organizations: REUTERS, Rights, Energy Resources, Russia, Japan Energy Security, United, Mitsui, JOGMEC, Thomson Locations: Siberian, Omsk, Russia, Washington, Moscow, Ukraine, U.S, United States, Japan

U.S. Secretary of State Antony Blinken speaks during a press conference, in Tel Aviv, Israel October 12, 2023. The question of Iranian access to the funds has been in the spotlight since Iran-backed Palestinian Hamas militants attacked Israel on Saturday, killing more than 1,300 people and taking scores of hostages back to the Palestinian Gaza Strip. "Iran will not be able to access the funds for the foreseeable future," a senior U.S. official, speaking on condition of anonymity, told Reuters. Several U.S. media outlets reported on Thursday that the United States and Qatar had agreed to stop Iran from accessing the money. It did not respond to a request for comment on whether Iran had yet tried to access the funds.

Persons: Antony Blinken, Jacquelyn Martin, Blinken, Ayatollah Ali Khamenei, Iran's U.N, Donald Trump, John Kirby, Kirby, Parisa Hafezi, Andrew Mills, Michelle Nichols, Howard Goller Organizations: REUTERS Acquire, TEL, United, Washington, Reuters, U.S, U.S . Treasury, U.S ., Government, United Nations, Qatar's, Media, White House, Thomson Locations: Tel Aviv, Israel, TEL AVIV, WASHINGTON, United States, Iran, Qatar, Palestinian, U.S, Tehran, South Korea, Seoul after Washington, Islamic Republic of Iran, New York, Qatari

☆ Iran prisoner swap for $6 billion in spotlight after Hamas attacks Israel
▼ + stars: | 2023-10-09 | by ( ) www.reuters.com time to read: +4 min

U.S. Secretary of State Antony Blinken said on Sunday that Iran has not yet been able to spend a single dollar of the $6 billion in funds that were unfrozen in a U.S.-Iran prisoner swap in September. WHAT WAS THE IRAN PRISONER SWAP DEAL? Five U.S. citizens detained by Tehran were allowed to leave the country in exchange for the transfer of $6 billion in Iranian funds that had been frozen in South Korea. The $6 billion was Iranian money that had been frozen in South Korean banks. Under the terms of the Iran prisoner deal, the money can only be used for humanitarian-related purposes, including purchasing food or other goods outside Iran for import, U.S. officials said.

Persons: Amir Cohen, Antony Blinken, Blinken, there’s, Joe Biden, Donald Trump, CNN's, Brian Nelson, we've, Nikki Haley, Heather Timmons, Idrees Ali, Lisa Shumaker Organizations: REUTERS, Rights, Israel, After Washington, State Department, South, Republican, Reuters, Thomson Locations: Gaza, Ashkelon, Israel, Iran, U.S, IRAN, Tehran, South Korea, United States, After, Seoul, Doha, South Carolina

☆ Factbox-Iran Prisoner Swap for $6 Billion in Spotlight After Hamas Attacks Israel
▼ + stars: | 2023-10-09 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +3 min

Persons: Antony Blinken, Blinken, there’s, Joe Biden, Donald Trump, CNN's, Brian Nelson, we've, Nikki Haley, Heather Timmons, Idrees Ali, Lisa Shumaker Organizations: WASHINGTON, Israel, After Washington, State Department, South, Republican, Reuters Locations: Iran, U.S, IRAN, Tehran, South Korea, United States, After, Seoul, Doha, Israel, South Carolina

Leading House Republicans dismissed the Senate stopgap measure out of hand, saying any short-term funding measure to pass Congress with their approval must address the flow of migrants across the U.S. border with Mexico. "The Senate bill really just continues to fund Biden's open border plan. The country wants to address the open border. We need to address the open border," said House Majority Leader Steve Scalise, the chamber's No. McCarthy said House Republicans would probably bring their own stopgap measure to the floor on Friday.

Persons: Kevin McCarthy, Leah Millis, Republicans preemptively, Joe Biden, Steve Scalise, McCarthy, Washington, brinkmanship, Rosa DeLauro, Republican Mitch McConnell, Michael Bennet, Joni Ernst, Donald Trump, Moira Warburton, Richard Cowan, David Morgan, Scott Malone, Tom Hogue Organizations: Capitol, REUTERS, Rights, Republicans, Democratic, Senate, Biden, Social Security, Republican, Thomson Locations: Washington , U.S, Ukraine, U.S, Mexico

"I don't see the support in the House" for the Senate plan, McCarthy said, though the bill has the support of Senate Republicans, including Minority Leader Mitch McConnell. "Speaker McCarthy, the only way - the only way - out of a shutdown is bipartisanship," Schumer said in a speech to the Senate. McConnell added that a solution is not "more likely to happen in the shutdown than with the government open." A handful of the hardliners have also threatened to oust McCarthy from his leadership role if he passes a spending bill that requires any Democratic votes to pass. McCarthy said House Republicans would probably bring their own stopgap measure to the floor on Friday.

Persons: Kevin McCarthy, Leah Millis, Joe Biden, Chuck Schumer, McCarthy, Mitch McConnell, Biden, Moody's, Fitch, Jimmy Carter, Schumer, McConnell, Washington, Donald Trump, Andy Ogles, Moira Warburton, Richard Cowan, David Morgan, Doina Chiacu, Susan Heavey, Scott Malone, Tom Hogue, Jonathan Oatis Organizations: ., Capitol, REUTERS, Rights, Republican U.S, Democrat, Senate, Top, Senate Republicans, Russia, Republicans, Jimmy Carter Presidential Library and Museum, Patrol, ICE, Republican, . Immigration, Customs Enforcement, Biden, Thomson Locations: Washington , U.S, Washington, McCarthy's, Ukraine, U.S, Mexico, In Atlanta, Congress

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