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☆ Opinion: Israel could defeat Hamas in Gaza more quickly if the US didn’t hold it back, this military expert says
▼ + stars: | 2024-05-17 | by ( Hilary Krieger | ) edition.cnn.com time to read: +20 min

CNN: Do you think that Israel can defeat Hamas without conducting a ground invasion in Rafah? The fact is that Rafah’s where the hostages and remaining Hamas military power and leadership are believed to be, their rockets and weapons production and other capabilities, everything. CNN: Couldn’t Israel’s offensive still have the effect of creating more militants who are going to join Hamas and fight against Israel? But it’s also a very winnable war for Hamas at this point because wars are not determined just by military capability. The problem is that the international community pushed Israel into this framework of going slower, going methodically, evacuating every area beforehand.

Persons: CNN —, John Spencer, Spencer, John Spencer Spencer, He’s, ” Spencer, JACK GUEZ, they’ve, we’re, there’s, Couldn’t, David Petraeus, Petraeus, who’s, it’s, You’ve, Dawoud Abo, Israel, I’ve, Israel doesn’t, that’s, — we’re, they’re, would’ve Organizations: CNN, Israel Defense Forces, Hamas, Modern, Institute, IDF, United Nations Relief, Works Agency for Palestine Refugees, Getty, Israel, Nazi, Spencer, Shiva, Dawoud Abo Alkas, ISIS, UN, Gaza, Twitter, Facebook Locations: Israel, Gaza, Iraq, West, Rafah, Spencer, Israeli, Hamas, Gaza City, AFP, Iran, Palestine, Northern Gaza, Afghanistan, United States, Egypt, Sinai, Anadolu, Qaida, Mosul, Panama, Tokyo

☆ House to vote on bill to prevent Biden from withholding weapons to Israel as GOP ramps up pressure on Democrats
▼ + stars: | 2024-05-16 | by ( Clare Foran | Melanie Zanona | ) edition.cnn.com time to read: +4 min

The House vote has seemingly been partly designed to put pressure on Democrats and is expected to expose divisions within the party over the issue. The bill is unlikely to be taken up in the Democratic-led Senate and the White House has said that Biden would veto the bill if Congress passed it. The Biden administration on Tuesday began the early stages of a process to move ahead with a new $1 billion arms deal for Israel, according to two congressional sources. The move comes as the Biden administration has paused the shipment of 2,000-pound bombs and 500-pound bombs to Israel, citing opposition to the weapons being used in the densely populated areas of Rafah. Biden has come under extraordinary pressure, including from some members of his own party, to limit shipments of arms amid a humanitarian crisis in Gaza.

Persons: Joe Biden, Biden, CNN’s Erin Burnett, Benjamin Netanyahu, Israel ”, Adam Smith, “, ” Smith, ”, Kevin Liptak, Kylie Atwood Organizations: CNN, GOP, Congress, State Department, Defense Department, National Security Council, Democratic, White, Tuesday, House Democratic, Hamas, Israel, ” Democratic, House Armed Services Committee Locations: Israel, Gaza, United States, Rafah

The National Security Agency collected the intelligence that gave US officials insights into China and Iran’s capabilities in producing deepfakes, one of the sources said. At a briefing last week, FBI officials warned that AI increases the ability of foreign states to spread election disinformation. US officials have maintained a high level of visibility into the AI and deepfake advancements made by countries including China, Iran and Russia since the 2020 election. Nearly 70% of Republicans and Republican-leaners said that President Joe Biden’s 2020 election win was not legitimate, according to a CNN poll released in August. The 2024 US election will present new opportunities for foreign influence operations.

Persons: “, ”, Lee Foster, Foster, ” Foster, leaners, Joe Biden’s, Donald Trump Organizations: CNN, National Security Agency, NSA, Intelligence, US, Labs, “, Republican, Pew Research Center, FBI, Kyiv Locations: China, Iran, Russia, United States, Ukraine, Ukraine –

☆ Opinion: A Russian weapon could wipe out US space edge
▼ + stars: | 2024-05-15 | by ( Clayton Swope | ) edition.cnn.com time to read: +7 min

Here, the NanoRacks-Remove Debris satellite is deployed from the International Space Station in 2018. Before revelations about Russia’s development of a nuclear anti-satellite weapon, there had been indications of global recognition that the use of certain space weapons was bad for everyone. The proposed defense budget for 2025 does not reflect the scale and urgency of the need to counter space threats and protect space systems. Learning how to operate satellites in a space environment clogged with debris or increased radiation caused by a space weapon is also important. We need a two-pronged effort to prepare for the worst: Double down on efforts to protect and maintain access to space in a hostile space environment and consider how to operate without space.

Persons: Clayton Swope, Mike Turner, Estonia’s, —, Vassily Nebenzia, Frank Herbert’s Organizations: Aerospace Security, International Security, Center for Strategic, International Studies, CIA, CNN, Clayton, Clayton Swope Center, Strategic, United, US, Intelligence, Ohio Republican, International Space Station, NASA, GPS, Finnair, United Nations, UN, Twitter Locations: Washington , DC, Russian, United States, Russia, Ohio, Vietnam, Guadalcanal, Iwo Jima, Tartu, China, Moscow

☆ US assesses Israel has amassed enough troops to launch full-scale incursion into Rafah, officials say
▼ + stars: | 2024-05-13 | by ( Mj Lee | Kylie Atwood | ) edition.cnn.com time to read: +5 min

If Israel were to proceed with a major ground operation into Rafah, it would be going against months of warnings from the US to forego a full-scale offensive into the densely populated city. Going “headlong into Rafah” could have dire consequences, Secretary of State Antony Blinken warned on Sunday. “They couldn’t launch an attack of that scale today.”“Their weapons production factories underground have been eliminated. However, the Biden administration has been ramping up the pressure on Israel to start focusing much more in earnest on post-war Gaza plans – so far, to little effect. Blinken publicly called on Israel to engage more seriously on developing a plan for post-war Gaza over the weekend.

Persons: CNN —, Biden, Joe Biden, CNN’s Erin Burnett, Jake Sullivan, Kurt Campbell, ” Campbell, Benjamin Netanyahu’s, ”, Antony Blinken, “ Israel’s, ” Blinken, Israel, Matt Miller, “, Yahya Sinwar, Blinken, “ We’ve Organizations: CNN, Israel, White, State, NATO Youth Summit, Aspen Institute, Press, Hamas, CBS Locations: Rafah, Gaza, Israel

☆ For US renters, the chance of owning a home is going from bad to worse
▼ + stars: | 2024-05-08 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +7 min

New York CNN —The American dream of homeownership is looking more like a nightmare. With inflation heating up again, the Federal Reserve is in no position to consider lowering interest rates at its upcoming meetings. That’s according to a New York Fed survey gauging consumers’ expectations of the housing market, released Monday. Consumers are gearing up for even bigger increases compared to the expected rise in mortgage rates over the next year, the New York Fed survey found. The issue of rent affordability is particularly pronounced in New York City, where housing costs have always been notoriously high compared to other parts of the country, absent a brief respite during the pandemic.

Persons: That’s, Kenny Lee, Aditya Bhave, Neel Kashkari, Bhave, ” Bhave, “, Perdue “, ”, Read, TikTok, Joe Biden, Brian Fung, Bytedance Organizations: CNN Business, Bell, New York CNN, Federal, New, Fed, Zillow, Bank of America, CNN, Minneapolis, Bloomberg, United States Department of Labor, Seaboard Triumph Foods, Perdue, Labor Department, Seaboard, Labor, Packers Sanitation Services, Appeals, District of Columbia Circuit Locations: New York, New York City, Fayette, DOL, Sioux City , Iowa, Accomac , Virginia, China

☆ The new power figures in hedge funds do not manage money
▼ + stars: | 2024-05-05 | by ( Matt Turner | ) www.businessinsider.com time to read: +4 min

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 . On the agenda:But first: Why Wall Street is so happy to see the job market slowing down. New data from Vanguard shows a two-tier job market: one divided between a blue-collar boom and a white-collar recession. Also read:AdvertisementiStock; Rebecca Zisser/BIThe portfolio-manager whisperersThe new power figures in hedge funds do not manage money.

Persons: —, it's, Brian Rose, It's, Christie Hemm, Jan Sramek, Goldman Sachs, Reid Hoffman, Marc Andreessen, Alyssa Powell, Stefano Spicca, Jenny Chang, Rodriguez, Rebecca Zisser, whisperers, Gates Organizations: Business, Service, Federal Reserve, Fed, UBS Global Wealth Management, Big, Silicon, California, Vanguard, Microsoft, Big Tech Locations: Austrian, Solano County, Napa, Sacramento, California, Silicon Valley, New York City

☆ Pentagon races to prop up Ukraine's hard-fighting 47th Mechanized Brigade that's exhausted, report says
▼ + stars: | 2024-05-05 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

The Pentagon plans to replenish the powerhouse brigade with Bradley fighting vehicles, Forbes said. AdvertisementUkraine's hard-fighting 47th Mechanized Brigade is battle-weary and urgently needs US support, Forbes reports. Trained by NATO instructors, the 47th Brigade all-volunteer unit is one of Ukraine's powerhouse brigades. Russia's 30th Motor Rifle Brigade took advantage of the rotational lapse as the 47th Brigade withdrew and attacked, capturing a large swathe of territory. AdvertisementBeyond material support and tactical adjustments, the 47th Brigade needs a reprieve from the relentless cycle of conflict.

Persons: Bradley, Forbes, —, Putin, Bradley IFVs, Bradley IFV, ince Organizations: Pentagon, Service, Mechanized Brigade, Forbes, NATO, 47th Brigade, M1, Bradley, Ministry of Defense, 47th Mechanized Brigade, ust Locations: Ukraine, Stepove, Avdiivka

☆ Ukraine wiped out 100 Russian troops at once in a strike showcasing the range and power of its new US ATACMS
▼ + stars: | 2024-05-03 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Ukrainian forces took out more than 100 Russian soldiers with an ATACMS missile, per OSINT analysts. AdvertisementA Ukrainian ATACMS long-range missile strike killed more than 100 Russian soldiers in an occupied region 50 miles from the front line, according to OSINT and military analysts. Osinttechnical said at least one of the missiles struck a gathering of more than 100 Russian soldiers, with hundreds of M74 APAM bomblets falling on them. AdvertisementAn unnamed senior US official told the Times that Ukrainian soldiers already put them to use to attack a Russian military airfield in Crimea in mid-April. AdvertisementThe US sent Ukraine ATACMS with a shorter range last fall, which enabled Ukraine to destroy Russian helicopters and airfields behind the front lines, but not go after more distant targets.

Persons: —, Osinttechnical, GeoConfirmed, couldn't, Philip Karber Organizations: Service, The Institute, Centre, Naval Analyses, US, Army Tactical Missile Systems, The New York Times, Times, Radio Free Locations: Russian, Luhansk Oblast, Ukraine, Rohove, Ukraine's, Crimea, Russia, Radio Free Europe

☆ Ship with 400 tons of food aid destined for Gaza has left Cyprus
▼ + stars: | 2024-04-27 | by ( Zeena Saifi | Lauren Said-Moorhouse | ) edition.cnn.com time to read: +4 min

The United Arab Emirates has now partnered with an aid agency to send crucial assistance to Gaza via the Israeli port of Ashdod. A UAE official told CNN Saturday that the vessel laden with critical food aid left on Saturday through a relationship with American Near East Refugee Aid (ANERA). Itayam told CNN the 400 tons of aid would undergo Israeli security clearance upon arrival. The plan is for most of the food aid to be delivered to northern Gaza, but Itayam said that depending on the security situation, ANERA might consider sending a shipment to the south as well. The United States has already begun construction of the pier, intended to help deliver humanitarian aid to Gaza, the Pentagon said on Thursday.

Persons: Jerusalem CNN —, Jennifer, ”, Itayam, Kerem Shalom, ANERA, Grant Shapps, “, ” Matthew Hollingworth Organizations: Jerusalem CNN, United Arab, UAE, CNN, American, East Refugee, West Bank, Mohenad, ANERA, of, Britain’s Royal Navy, United, Pentagon, Royal Navy, ”, British, Food, Integrated Locations: Jerusalem, Gaza, Cyprus, Israel, United Arab Emirates, Ashdod ., Larnaca Port, Israel’s Ashdod, Kerem, Territories, UAE, Cardigan, United States, ”

CNN —An Egyptian delegation is in Israel in an effort to advance stalled negotiations aimed at releasing hostages and implementing a ceasefire in Gaza, Egyptian and Israeli officials told CNN on Friday. The delegation is also set to continue discussions with Israeli officials on security coordination around a potential Israeli operation in Rafah, another Israeli official said. Despite months of talks mediated by Qatar and Egypt, Hamas and Israel have failed to reach an agreement over differences on key demands. Abed Rahim Khatib/picture-alliance/dpa/APAnother sticking point in the negotiations is the number of Israeli hostages set for release in the first phase of the agreement. A senior Hamas official criticized the statement as a show of “ironic international politics” and called for the signatory countries to put pressure on Israel to accept a deal.

Persons: Al Jazeera, Khalil Al, Hayya, –, Israel –, “, ”, Abed Rahim Khatib, Basem Naim, Hersh Goldberg, Polin, ” Goldberg, ” Matthew Hollingworth Organizations: CNN, US, UN, Al, Hamas, Food Locations: Israel, Gaza, Rafah, Egypt, Qatar, United States, Tel Aviv

☆ Ukraine pulled its Abrams tanks from the front due to Russian drone tactics, US officials say
▼ + stars: | 2024-04-26 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Ukraine has removed Abrams tanks from the front lines, Pentagon officials told the Associated Press. AdvertisementUkraine has withdrawn its US-supplied Abrams tanks from the front lines in the face of Russian drone warfare tactics, two US defense officials told the Associated Press. A Russian reconnaissance drone knocked out an M1 Abrams tank near Avdiivka in eastern Ukraine in February, according to Russian state media. AdvertisementUkraine has lost five Abrams tanks in recent months, The New York Times reported this month, citing an unnamed senior US official. AdvertisementUkraine has used them to devastating effect to take out Russian tanks, with drones responsible for two-thirds of Russian tanks taken out, a NATO official told Foreign Policy earlier this month.

Persons: Abrams, —, Christopher Grady, Grady, Markus Reisner, Ukraine's Organizations: Pentagon, Associated Press, Service, Joint Chiefs of Staff, Abrams, New York Times, US, NATO, Soviet, Challenger Locations: Ukraine, Russian, Avdiivka, Austrian

☆ US pending home sales jumped in March, beating expectations by a mile
▼ + stars: | 2024-04-25 | by ( Bryan Mena | ) edition.cnn.com time to read: +3 min

Washington CNN —Home sales based on contract signings jumped in March despite elevated mortgage rates that month. Contract signings rose across the country in March from the prior month, except in the Midwest. Hotter-than-expected inflation readings in recent months are now keeping the Federal Reserve from cutting interest rates anytime soon. Those are the so-called “golden handcuffs” of low mortgage rates. They began to climb in early 2022 when the Federal Reserve started to hike interest rates in a bid to tamp down high inflation.

Persons: ”, Lawrence Yun, ” Oliver Allen, it’s, Yun Organizations: Washington CNN —, National Association of Realtors, Federal Reserve, Treasury, Pantheon

CNN —Russia on Wednesday vetoed a United Nations resolution that proposed a ban on the use of nuclear weapons in outer space amid US intelligence-backed concerns that Moscow is trying to develop a nuclear device capable of destroying satellites. In February, President Joe Biden confirmed the US has intelligence that Russia is developing a nuclear anti-satellite capability. It also called on UN member states not to develop nuclear weapons or other weapons of mass destruction designed to be placed in Earth’s orbit. The White House’s comments on the prospect of a Russian nuclear space weapon have deepened those concerns. Last year, Putin deployed tactical nuclear weapons to neighboring ally Belarus, and former Russian president and deputy chairman of Russia’s Security Council Dmitry Medvedev said strategic nuclear weapons could be used to defend territories incorporated into Russia from Ukraine.

Persons: Vassily Nebenzia, Joe Biden, Linda Thomas, Greenfield, Beijing “, ”, Vladimir Putin, Putin, Dmitry Medvedev Organizations: CNN, Wednesday, United Nations, UN, Russia’s Locations: Russia, Moscow, Russian, Japan, Beijing, China, Ukraine, Belarus

☆ Israel seems to have stuck to small drones when it hit Iran — suggesting it only wanted a minor retaliation
▼ + stars: | 2024-04-19 | by ( Tom Porter | ) www.businessinsider.com time to read: +1 min

An Israeli strike hit Isfahan in Iran, multiple outlets said, citing unnamed senior US officials. It came after Iran fired drones and missiles at Israel in its first-ever direct attack. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe relatively restrained nature of an apparent Israeli attack on Iran suggests that both sides are seeking to step back from the brink of a regional war, according to experts. Several explosions caused by an Israeli attack were heard in the central province of Isfahan on Friday, unnamed senior US officials told multiple outlets .

Persons: — Organizations: Service, International Atomic Energy Agency, Business Locations: Israeli, Isfahan, Iran, Israel

☆ Why was Iran struck by drones?
▼ + stars: | 2024-04-19 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +7 min

Israel carried out the strike inside Iran Friday morning, a US official told CNN. There were no reports of a missile attack, Iran’s National Cyberspace Center spokesperson Hossein Dalirian said on social platform X. The US “didn’t green light” an Israeli response, another senior US official told CNN. Video Ad Feedback Iranian journalist on how Iranian media reported the Israeli attack 02:19 - Source: CNNWhy is this happening now? Israel last week pledged, however, that it would “exact a price” from Iran in response to that aerial barrage.

Persons: Hossein Dalirian, ”, Hossein Amir, Abdollahian, “, Mohammed Reza Zahedi, Mohammad Hadi Haji Rahimi, Israel, Beshara, ’, Yemen’s, Joe Biden, What’s, Benjamin Netanyahu, Amir, ” Amir, Maha Yahya Organizations: CNN, National Cyberspace Center, United Nations, Islamic, Palestinian, Hamas, Israel, Iranian, Revolutionary Guards, Pentagon, Getty, Wednesday, Carnegie Middle East Locations: Iran, Israel, Tehran, Isfahan, Iranian, Syria, Islamic Republic, United States, Gaza, Israeli, Damascus, Quds, AFP, Red Sea, Tabriz

The World Food Programme (WFP) will support distribution of aid from the pier following weeks of diplomatic wrangling, the organization said Saturday. The US role in the effort has been complex, with the military carrying out a high-stakes construction mission in a warzone and diplomats helping to organize a dangerous and highly politicized aid distribution operation. US military and commercial ships will be able to transport aid to the US military pier, a defense official said, but only the US military will be allowed access to the causeway. “Everyone is wary of being too close to the IDF” for both security and political reasons, one humanitarian official told CNN. Fogbow is willing to use the US military pier to get aid onto shore, the sources said, but also won’t need to use it in order to carry out its operations.

Persons: CNN —, Biden, CNN –, ”, Joe Biden, “, Bashar al Masri, Masri, Scott Paul, ” Paul, Kerem Shalom, ” Fogbow, Cameron Hume, Fogbow, Paul Organizations: CNN, UN, Food Programme, US, Israel Defense Forces, WFP, United Nations, Food, Palestinian, Palestine Development, Investment Company, IDF, Oxfam, Maritime Humanitarian Aid Foundation, Qatari, Fogbow Locations: Gaza, American, Israel, Cyprus, Israel’s, Palestinian, Rafah, Kerem, Geneva, Algeria, South Africa, Indonesia, Qatar, Gaza’s

☆ Washington wrestles with ‘new equation’ of direct attacks between Iran and Israel
▼ + stars: | 2024-04-19 | by ( Alex Marquardt | Katie Bo Lillis | ) edition.cnn.com time to read: +9 min

Throughout the week, US officials had urged Israel not to retaliate for Iran’s unprecedented attack five days prior, when hundreds of missiles and drones were fired from inside Iran at Israel. US intelligence has long assessed that neither Iran nor Israel has any appetite for an outright war. Iranian officials have stated publicly that Iran’s policy toward Israel has changed. Then, on April 1, an Israeli strike on what Iran claims was an embassy in Syria killed seven officials, including two senior Iranian commanders. “Israel and Iran are going to be starting higher on the escalatory ladder for every future moment of conflict and that is incredibly dangerous,” said Panikoff.

Persons: Biden, ”, Hossein, Israel’s, CNN’s Erin Burnett, Israel, Bill Burns, George W, “, Frank McKenzie, ” McKenzie, Maher Al Mounes, Mohammed Reza Zahedi, Jonathan Panikoff, Seyyed Ali Khamenei, Khamenei, Karim Sadjadpour, Qassem Soleimani, Iran —, Iran messaged, Donald Trump, stridently, —, McKenzie Organizations: CNN, Israel, Iran, US, Islamic Revolutionary Guard Corps, CIA, Bush Presidential Center, Iranian, US Central Command, Getty, Lebanese Hezbollah, Iran’s, Carnegie Endowmernt Locations: Washington, Israel, Iran, Tehran, ” Iran, Islamic Republic of Iran, Dallas, Syria, Syria's, Damascus, AFP, Lebanese, Iran’s, Iraq

☆ US and Israeli weapons able to kill missiles in outer space were used to stop an Iranian attack. Those intercepts are tough shots.
▼ + stars: | 2024-04-17 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

Both the US and Israel used weapons capable of killing missiles in space to fend off Iranian weapons last weekend. Videos circulating online from the fight appeared to show an exo-atmospheric kill, though details are few. Intercepting a ballistic missile outside the Earth's atmosphere is a challenging task, an expert told Business Insider. Very unique footage showing an exoatmospheric interception amid the Iranian ballistic missile attack, likely by the Arrow 3 air defense system. The SM-3 is also capable of destroying short- to intermediate-range ballistic missiles during the midcourse phase and can hit targets outside the Earth's atmosphere.

Persons: —, Arrow, wrZNCV01tn — Emanuel, Mannie, Fabian, @manniefabian, Sidharth, Kaushal, Amir Cohen Organizations: Service, US, Iranian, ABM, Times, US Department of Defense, Israel Defense Force, Arrow, Royal United Services Institute, Reuters, Israel, Houthi, Center, Strategic, International Studies, Washington DC, US Navy, Missile Defense Locations: Israel, Iranian, Iran, Ashkelon, Washington

☆ Iran and Israel dragged their shadow war out of the dark, and it's much more dangerous now
▼ + stars: | 2024-04-17 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

Iran and Israel have fought a deadly shadow war for decades. The two enemies have relied on proxy forces, assassinations, and strikes abroad to hit each other. AdvertisementA decades-long shadow war between Iran and Israel has been thrust into broad daylight. Iran's unprecedented attack on Israel last weekend has notably changed the dynamics of this conflict, and it's now more dangerous. Any Israeli military response to the attack risks an all-out confrontation with Iran and could plunge the region into even more violence.

Persons: —, Alma al, KAWNAT HAJU, Jonathan Lord, Israel, MAHER, MOUNES, Israel —, Joseph Votel, Votel, Christophe Van Der Perre Israel, Josep Borrell, Maj, Hossein, Lord Organizations: Service, Hezbollah, Getty Images Israel, Pentagon, Business, Islamic Revolutionary Guard Corps, Getty, US Central Command, REUTERS Locations: Iran, Israel, Tehran, Lebanon, Hamas, Gaza, Lebanese, Alma, AFP, Iraq, Syria, Israel's, Hormuz, Iranian, Damascus, Syria's, Arad, Spanish

☆ Here’s what would happen to the US economy if there are no rate cuts this year
▼ + stars: | 2024-04-16 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +4 min

That’s why Fed Chair Powell conveyed on Tuesday the central bank won’t be cutting interest rates any time soon. How would the US economy handle more months of painstakingly high interest rates? Investors are banking on cutsWhen Fed officials initially penciled in three rate cuts at the end of last year, markets hit new highs. But the longer the Fed leaves interest rates higher means more pain could be inflicted on households and businesses, said Goldstein. But not everyone thinks cracks in the economy will widen if the Fed doesn’t cut rates this year.

Persons: Powell, ” Powell, paring, Itay Goldstein, Tesla, Goldstein, ”, Brian Rose, David Mericle, Goldman Sachs Organizations: New, New York CNN — Federal Reserve, Bank of Canada, Tiff, Investors, Dow, Nasdaq, University of Pennsylvania’s Wharton School of Business, CNN, Fed, Treasury, UBS Global Wealth Management Locations: New York

☆ How Israel and allied defenses intercepted more than 300 Iranian missiles and drones
▼ + stars: | 2024-04-14 | by ( Brad Lendon | ) edition.cnn.com time to read: +6 min

Israel’s military said Sunday that “99%” of projectiles fired by Iran were intercepted by Israel and its partners, with only “a small number” of ballistic missiles reaching Israel. In total, around 170 drones, more than 30 cruise missiles and more than 120 ballistic missiles were launched at Israel by Iran overnight Saturday, the military said. US officials said more than 70 drones and three ballistic missiles were intercepted by US Navy ships and military aircraft, without giving details of exactly what defenses were used to bring down the projectiles. The Iron Dome is the bottom layer of Israel’s missile defense, according to the country’s Missile Defense Organization (IMDO). The ballistic missiles that did reach Israel fell on the Netavim Air Base in southern Israel, Israel’s military spokesman said, adding that they caused only light structural damage.

Persons: Joe Biden, Benjamin Netanyahu, ”, John Bolton, CNN’s Oren Liebermann, Biden, ” Biden, Menahem Kahana, Israel’s Rafael, CNN’s Irene Nasser, Eugenia Yosef, Benjamin Brown Organizations: CNN, Saturday, Israeli, Israel, US Navy, Aegis, Pentagon, Royal Air Force, Defense, US, country’s Missile Defense Organization, Getty, Defense System, Raytheon, Missile, Center for International, Strategic Studies, CSIS, Missile Defense Advocacy Alliance, Netavim, Base, Israeli Air Force Locations: Iran, Israel, Britain, Israeli, France, Gaza, Sderot, AFP, United States, Iraq, Yemen

☆ US forces shot down over 75 Iranian missiles and drones in its biggest air-defense battle of the Middle East crisis
▼ + stars: | 2024-04-14 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Read previewUS forces engaged and shot down more than 75 of the missiles and drones that Iran fired at Israel this weekend, marking its biggest air-defense battle of the six-month-long Middle East crisis. Iran and its proxy militias launched a barrage of 170 attack drones, 120 ballistic missiles, and 30 cruise missiles at Israel in a massive and unprecedented attack on Saturday night local time, according to the Israel Defense Forces. A few of the ballistic missiles entered Israeli territory and struck targets, including an IDF base, causing minor damage, the military said. US fighter jets also shot down more than 70 Iranian one-way attack drones, the American military official said. For now, Israel appears to be calibrating a response to the Iranian attack, although it is unclear at this time what that may look like.

Persons: —, Arleigh Burke, Carney —, Israel's, Joe Biden, Scott Pittman, Lloyd Austin, Grant Shapps, Japan — Organizations: Service, Israel Defense Forces, Business, US Navy, IDF, American, US, Hamas, Islamic Revolutionary Guard Corps Locations: Iran, Israel, Iraq, US, Syria, Gulf of Aden, Yemen, Iranian, Tehran, France, Germany, Canada, Italy, Japan

☆ Iran launches retaliatory strikes toward Israel
▼ + stars: | 2024-04-13 | by ( Lauren Izso | ) edition.cnn.com time to read: +1 min

CNN —Iran has launched drones toward Israel, amid fears of a regional escalation following an apparent Israeli attack on an Iranian embassy complex in Syria last week. Several dozen drones were launched from within Iran, a senior US administration official told CNN. Iran state media also confirmed that the Islamic Revolutionary Guard Corps (IRGC) had “launched extensive drone strikes against targets in occupied territories,” referring to Israel. It’s a threat that will take a number of hours to arrive in Israel,” Israel Defense Forces spokesperson Daniel Hagari said late on Saturday local time, asking Israelis to be “vigilant.”Israel has prepared for a “direct attack by Iran,” Israeli Prime Minister Benjamin Netanyahu said in a statement Saturday evening. The state of Israel is strong.

Persons: “, Daniel Hagari, Israel, Benjamin Netanyahu, ”, ” Netanyahu, CNN’s Hamdi Alkhshali, Adam Pourahmadi, Paul Murphy Organizations: CNN, Islamic Revolutionary Guard Corps, Israel Defense Forces, IDF Locations: Iran, Israel, Iranian, Syria, Britain, France, Haifa

☆ Hackers from China and Russia are finding cracks in Microsoft's security
▼ + stars: | 2024-04-12 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewChina and Russia keep finding ways to get past Microsoft's security systems. Advertisement"Midnight Blizzard's successful compromise of Microsoft corporate email accounts and the exfiltration of correspondence between agencies and Microsoft presents a grave and unacceptable risk to agencies," CISA wrote in its emergency directive. AdvertisementLast week, the US Department of Homeland Security released a report from the Cyber Safety Review Board (CSRB) detailing a "cascade" of "avoidable errors" in the company's security systems. A Microsoft spokesperson told BI of the latest Russian attack: "As we discover secrets in our exfiltrated email, we are working with our customers to help them investigate and mitigate.

Persons: —, CISA, Jen Organizations: Service, Infrastructure Security Agency, Microsoft, Business, Blizzard, Midnight Blizzard, US Department of Homeland Security Locations: China, Russia, Russian, U.S

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