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☆ European markets set to extend declines as Middle East tensions weigh on sentiment
▼ + stars: | 2024-04-16 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

European markets are heading for a lower open Tuesday as investors are closely following developments in the Middle East. Geopolitical tensions are high following Iran's extensive drone and missile attack on Israel Saturday night. Allies have called for cool heads, warning that a much bigger war in the Middle East could be easily triggered. Asia-Pacific markets sold off as the world awaits Israel's response to Iran's air assault over the weekend. Most major markets in Asia lost about 2%.

Organizations: Reuters, U.S Locations: Israel, Asia, Pacific

☆ European markets head for mixed open amid heightened Middle East tensions
▼ + stars: | 2024-04-15 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

European markets are heading for a mixed open Monday amid heightened geopolitical tensions following Iran's massive drone and missile attack on Israel Saturday night. Last week, expectations that an Iranian attack could be imminent rose after a suspected Israeli strike that killed top Iranian officials in Syria. Israel has vowed to retaliate but has signaled that it will bide its time. Asia-Pacific markets slipped Monday as traders weighed the impact of the attack, with focus also on key economic data from China and Japan later in the week. U.S. stock futures managed to tick higher Sunday as investors dealt with a multitude of issues, including Iran's attack and a spike in equity market volatility that sent the Dow Jones Industrial average to its worst week of the year last week.

Persons: Israel Organizations: Dow Locations: Israel, Syria, Asia, Pacific, China, Japan

☆ Iranian currency plunges to record low against dollar after strikes on Israel
▼ + stars: | 2024-04-14 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +1 min

Two men are holding Iranian banknotes on a sidewalk in Tehran's business district, in Tehran, Iran, on April 13, 2024. Iran's currency, the rial, briefly plunged to a record low against the dollar on the unofficial market, after Tehran launched an expansive missile and drone attack on Israel on Saturday night, exacerbating tensions in the Middle East. The exchange rate was at 705,000 rials / USD on the open market around 10:30 a.m. local time on Sunday, according to data from foreign exchange monitoring site Bonbast. The government set an official exchange rate of 42,000 rials / USD in 2018. The development marked the first instance of a direct attack on Israel from Iranian territory, and Tehran now runs the risk of being hit with further trade and diplomatic restrictions.

Persons: Joe Biden, Iran's rial, Donald Trump's, Biden Organizations: Israel, . Security Locations: Tehran, Iran, Israel, Damascus, U.S

☆ As Iran attacks Israel, Biden confronts an escalating Middle East crisis he had hoped to avoid
▼ + stars: | 2024-04-13 | by ( Kevin Liptak | Mj Lee | ) edition.cnn.com time to read: +5 min

CNN —For President Joe Biden, an attack on Israel launched from Iranian soil amounts to a scenario he’d greatly sought to avoid since the start of the current Middle East conflict. In the immediate aftermath of Iran’s attacks, American officials acknowledged they were entering uncharted territory, with the extent of Iran’s attacks initially unclear. One significant question mark is how proxies might potentially join Iranian efforts to target Israel and add a new layer of unpredictability. Administration officials saw Iran’s attacks on Israel Saturday as disproportionate to Israel’s strikes in Damascus that prompted the retaliation, a US official told CNN. As Iran’s plans to attack Israel grew clearer, American officials increasingly assessed that Tehran was not seeking direct conflict with the United States.

Persons: Joe Biden, Biden —, Biden, areexpected, Benjamin Netanyahu, Lloyd Austin, Yoav Gallant, Netanyahu, Erik Kurilla, Israel, CNN’s Oren Liebermann Organizations: CNN, Israel, United, White, Israeli, Iran, US Central Command, US Locations: Israel, United States, Gaza, Delaware, Damascus, Syria, Iran, Tehran, Jordan

This is a critical moment for Ukraine, especially as international fatigue starts to set in and the world’s attention shifts to the Middle East. “These days, our attention is focused on the Middle East,” Zelensky told the NATO Parliamentary Assembly in a video address on Monday. Ronaldo Schemidt/AFP/Getty ImagesZelensky delivered a similar message to the Ukraine Defense Contact Group, led by US Secretary of Defense Lloyd Austin, on Wednesday. The Ukrainian president acknowledged Russia was putting up some stiff resistance to Kyiv’s counteroffensive but said his country remained on the offensive. Despite Austin’s vow of support for Ukraine, the new package was one of the smallest provided by the United States.

Persons: Volodymyr Zelensky, Jens Stoltenberg, “, ” Zelensky, Zelensky, ”, Ali Jadallah, shockwaves, Anna Voitenko, Joe Biden, Biden, Ronaldo Schemidt, Defense Lloyd Austin, Putin, ” Austin, Austin’s Organizations: CNN, NATO, Ukraine Defense Contact, Getty, Israel Saturday, Ukraine’s General Staff, NATO Parliamentary Assembly, Reuters, US, Defense, Terrorists, Hamas Locations: Brussels, Belgian, Ukraine, Ukrainian, Israel, Russia, Kyiv, It’s, Gaza City, Gaza, Anadolu, Hroza, “, Moscow, Europe, Washington —, United States, Donetsk region, Bucha, AFP, Washington

☆ How to help humanitarian efforts in Israel and Gaza
▼ + stars: | 2023-10-10 | by ( Cnn Impact Your World | ) edition.cnn.com time to read: +1 min

CNN —As deadly fighting between Israel and Hamas intensifies, so too does a dire humanitarian crisis in the area. Hundreds have been killed and thousands injured in Israel and Gaza after Hamas launched unprecedented attacks on Israel Saturday. Subsequent airstrikes have overwhelmed local hospitals and displaced more than 100,000 people in Gaza, one of the most densely populated areas on Earth. The intense fighting has also hampered humanitarian relief. The International Committee of the Red Cross (ICRC), which suffered damage to one of its buildings in Gaza, is calling for the protection of humanitarian workers, civilians, and critical infrastructure.

Persons: Cross Organizations: CNN, Hamas, International Committee Locations: Israel, Gaza

☆ The crisis in the Middle East could fuel a flare-up in inflation and hasten an economic slump for the US
▼ + stars: | 2023-10-10 | by ( George Glover | ) www.businessinsider.com time to read: +4 min

Iran becoming embroiled in the crisis would be bad news for the US economy, according to analysts. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementIran becoming embroiled in the crisis gripping the Middle East could have disastrous knock-on effects for the US economy, analysts have warned. So this is why the big question for the markets and for the economy is whether you get escalation," he added.

Persons: —, Brent, LPL, Quincy Krosby, Pierre Andurand, David Donabedian, Mohamed El, Erian Organizations: Service, West Texas, Wall, CIBC Private Wealth, Treasury Locations: Israel, Iran, Tel Aviv, Tehran, Hamas, Ukraine, Russia, China

☆ 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

☆ Palestinians in fear as Israel retaliates against Hamas
▼ + stars: | 2023-10-08 | by ( Ibrahim Dahman | ) edition.cnn.com time to read: +5 min

Gaza CNN —When the Palestinian militant group Hamas launched an attack on Israel Saturday morning, Palestinians living in the besieged strip had mixed feelings. Ibrahim Dahman/CNNThose who venture out do so only to complete essential errands, or to look for their missing in the carnage of Israeli strikes. Following Hamas’ incursion, Palestinians were also barred from leaving Gaza through Erez crossing, which has become the site of a battle between Hamas and Israeli forces. ‘Panic and fear’The Gaza Strip has been almost completely cut off from the rest of the world for nearly 17 years. Fighting regularly takes place between Israel and Palestinian factions in Gaza, including Hamas and Islamic Jihad.

Persons: Benjamin Netanyahu, ”, Ron Dermer, CNN’s Dana Bash, Daniel Hagari, Israel, Ibrahim Dahman, Salim Hussein, Hussein, Netanyahu, Richard Hecht, ” Gazans, Hagari, Hani El, Bawab, “ Organizations: Gaza CNN, Hamas, Israel, Strategic, Israel Defense Forces, Palestinian Ministry of Health, CNN, Sunday, Human Rights Watch, Islamic Locations: Gaza, Palestinian, Israel, Sunday, Erez, Egypt

☆ American cities are ramping up security around places of worship following Israel attacks as they assure residents there are no credible threats locally
▼ + stars: | 2023-10-07 | by ( Nouran Salahieh | ) edition.cnn.com time to read: +3 min

CNN —While assuring Americans there are no credible threats locally, cities throughout the United States are ramping up security around houses of worship after the large-scale attack by Gaza militants on Israel on Saturday. The FBI and the Department of Homeland Security issued “public safety concern” bulletins Saturday to state and local law enforcement and said they are monitoring for any impact on the US domestic threat environment, a law enforcement official said. Israel then launched airstrikes on Gaza while its forces clashed on the ground with Hamas fighters. In Israel, at least 300 people have died and thousands of others are wounded, officials said. In Gaza, at least 232 Palestinians have died and more than 1,600 are wounded, the Palestinian health ministry said.

Persons: Eric Adams, “, ” Adams, Kathy Hochul, Matthew J, Platkin, Sylvester Turner, Sean Hickman, Los Angeles Mayor Karen Bass, Joe Biden, Benjamin Netanyahu Saturday, Washington “, Netanyahu, ” Organizations: CNN, Saturday, FBI, Department of Homeland Security, Gaza, Hamas, New, New York City, NYPD, , New, Israel’s, US, New Yorkers, New York State Police, ”, Los Angeles Police Department, Los Angeles Mayor Locations: United States, Gaza, Israel, New York, ,, , New York, Jerusalem, New, Houston , Texas, Washington , DC, District, ”, West Coast, Los Angeles

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