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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
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
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
Sullivan followed up four days later with a call to Johnson to highlight the measures in place to track aid in Ukraine. They spoke often with Johnson’s staff, including meetings at the White House and on Capitol Hill. Meanwhile, White House chief of staff Jeff Zients, Ricchetti and Goff spoke with Schumer and Jeffries and their staff almost daily to strategize on how to push Ukraine aid forward. Biden and Johnson spoke by phone the next day as the speaker briefed him on his plan to move the aid package forward. “We discussed the contents of the next US military aid package,” Zelensky said.
Persons: Mike Johnson, Joe Biden, Johnson –, speakership, Biden, Johnson, Vladimir Putin, Jake Sullivan, Shalanda Young, Sullivan, Taiwan –, Hamas, Putin, ” Biden, Hakeem Jeffries, Chuck Schumer, Mitch McConnell, , , Steve Ricchetti, Richetti, Shuwanza Goff, Ricchetti, Goff, Jeff Zients, Schumer, Jeffries, Young, McConnell, Michael McCaul, Intelligence Michael Turner, Bill Burns, Ukraine Bridget Brink, Chip Roy, Texas, Ralph Norman of, Biden’s, Anita Dunn, Jon, Lloyd Austin, Volodymyr Zelensky, Zelensky, National Intelligence Avril Haines, Donald Trump’s, Burns, ” Zelensky Organizations: Washington CNN, Ukraine, White House, GOP, Management, Senate, Biden, Russia, House Democratic, White, Capitol, House Foreign, Intelligence, CIA, Republican, The Defense Department, House Republicans, National Intelligence, Democratic, CNN Locations: Ukraine, Europe, Russia, Israel, Taiwan, Ricchetti, Ralph Norman of South Carolina, Washington ,, Johnson’s
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
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
How the Senate Voted on Foreign Aid to Ukraine, Israel and TaiwanThe Senate on Tuesday passed the long-stalled $95.3 billion package of aid to Ukraine, Israel and Taiwan, along with legislation that could lead to a ban on TikTok, clearing the measure and sending it to President Biden for his signature. Total Bar chart of total votes Yes 0 0 0 0 Votes needed No 0 0 0 0 Note: Three senators did not vote. The measure includes $60.8 billion for Ukraine; $26.4 billion for Israel and humanitarian aid for civilians in conflict zones, including Gaza; and $8.1 billion for the Indo-Pacific region. It took Mr. Johnson two additional months to figure out a way to steer around his right flank and do so. The TikTok provision was included as part of an effort to sweeten the deal for conservatives.
Persons: Biden, Mike Johnson, Donald J, Trump, Johnson Organizations: Foreign Aid, Senate, Dem, Capitol, Republicans, Lawmakers Locations: Ukraine, Israel, Taiwan, Gaza, Iran, United States, Beijing
The Senate on Tuesday was moving toward approving a $95.3 billion foreign aid package for Ukraine, Israel and Taiwan that has been stalled for months. The legislation, a version of which passed the Senate in February with bipartisan support, scaled a critical procedural hurdle earlier Tuesday by a vote of 80 to 19, reflecting widespread backing in both parties. In order to steer around opposition from right-wing Republicans in the House, Speaker Mike Johnson, Republican of Louisiana, used a convoluted plan to pass it over the weekend. After passage, all four were folded together into one bill and sent to the Senate. Final approval by the Senate, in a vote expected as early as Tuesday night, would send it to President Biden for his signature.
Persons: Mike Johnson, Biden Organizations: Republicans, Republican, Senate Locations: Ukraine, Israel, Taiwan, Louisiana, Iran, United States
Gold prices slip to 2-1/2-week low as Middle East tensions ease
  + stars: | 2024-04-23 | by ( ) www.cnbc.com   time to read: +2 min
Pure 1,000-gram gold bars produced by South Korea's LS-Nikko are stacked in a dealers room in Seoul on Jan. 9, 2009. Spot gold was down nearly 1% at $2,304.99 per ounce, as of 0336 GMT. U.S. gold futures fell 1.2% to $2,318.80. "Investors are seeing this as an opportunity to lock in some profits after gold's recent run of good form," Waterer said. Among other precious metals, spot silver fell about 1% to $26.92 per ounce, spot platinum dropped 0.7% to $911.10, and palladium slumped 1.1% to $997.75.
Persons: Tim Waterer, Waterer, Gold Organizations: South Korea's, Nikko, KCM Locations: Seoul, Iran
Billionaire investor Leon Cooperman said he is significantly invested in energy stocks, citing the rise in oil prices given the Middle East conflict. The chair and CEO of the Omega Family Office said roughly 15% of his family office assets are in energy, at a time when oil prices have been spiking and weighing on the broader equity market. Cooperman has favored energy stocks in the past. The S & P 500 energy sector advanced more than 47% that year. Energy prices have recently come off their highs after Iran and Israel signaled they are not interested in a wider conflict.
Persons: Leon Cooperman, Cooperman, CNBC's, , Yun Li, Spencer Kimball Organizations: Omega Family Office, West Texas Locations: Iran, Israel
Oil prices edged higher in early Asian trading on Tuesday, reversing losses from the previous session, as investors continued to assess the risk from geopolitical concerns in the Middle East. Oil prices edged higher in early Asian trading on Tuesday, reversing losses from the previous session, as investors continued to assess the risk from geopolitical concerns in the Middle East. Both benchmarks fell 29 cents in the previous session on signs that a recent escalation of tensions between Israel and Iran had little near-term impact on oil supplies from the region. Barclays analysts said on Monday that risks to their $90 a barrel forecast for this year's Brent prices remain skewed higher. U.S. crude oil inventories are expected to have increased last week while refined product stockpiles likely fell, according to a preliminary Reuters poll of analysts.
Persons: Brent Organizations: Global, Brent, U.S, West Texas, ANZ, Barclays Locations: East, Israel, Iran
The Lebanese militant group Hezbollah on Tuesday claimed that it had made its deepest attack into Israel since October, striking with aerial drones north of the city of Acre and setting off sirens across the country’s northern coastline. In the latest strike, it said it had launched a drone attack on an Israeli military barracks roughly 10 miles from the Lebanese border. The Israeli military said that fighter jets had targeted “military structures” in the area where Hezbollah were operating, according to a statement. The drone attack in Israel came after targeted killings by Israel of two Hezbollah fighters in southern Lebanon, both of whom the Israeli military claimed were involved in Hezbollah’s aerial operations. Last week, Hezbollah claimed responsibility for a drone and missile attack into northern Israel that left one soldier dead and 16 soldiers and two civilians injured, in one of the group’s most damaging attacks in Israel in recent months.
Persons: , Hwaida Saad, Johnatan Reiss, Arijeta Lajka Organizations: Hezbollah, The New York Times Locations: Lebanese, Israel, Acre, Gaza, Hanin, Lebanon
CNN —US prosecutors on Tuesday announced charges against four Iranian men for a sprawling hacking campaign that targeted US federal agencies and sensitive data held by American defense contractors. It was not immediately clear whether the departments of State or Treasury networks were successfully hacked in the campaign. In the indictment unsealed Tuesday, Hossein Harooni, Reza Kazemifar, Alireza Shafie Nasab and Komeil Baradaran Salmani were charged with wire and computer fraud, among other charges. Nasab had been charged in a previous indictment unsealed in the Southern District of New York in February. Prosecutors accused three of the men of working for a front company in Iran that purported to offer cybersecurity services.
Persons: ” Damian Williams, Hacking, Christopher Wray, Hossein Harooni, Reza Kazemifar, Shafie, Baradaran Salmani, Nasab, General Merrick Garland Organizations: CNN, US State, Treasury, Pentagon, of, Southern, State, Boston Children’s Hospital, Justice Department, Prosecutors, Treasury Department, Islamic Revolutionary Guard Corps, State Department, Iranian, United Nations Locations: Southern, of New York, US, Iran, Boston, Tehran
Firm dollar drags yen down closer to intervention range
  + stars: | 2024-04-23 | by ( ) www.cnbc.com   time to read: +4 min
A firm U.S. dollar had the yen locked near a fresh 34-year low on Tuesday, keeping investors on heightened intervention watch as they looked ahead to key U.S. inflation report and the Bank of Japan's rate decision this week. A firm U.S. dollar had the yen locked near a fresh 34-year low on Tuesday, keeping investors on heightened intervention watch as they looked ahead to key U.S. inflation report and the Bank of Japan's rate decision this week. Traders have been keeping wary eye as yen slips towards 155.00, a level considered by many participants as the new trigger for intervention by Japanese authorities. The weak yen complicates the BOJ's policy path, with some market players betting the central bank could come under pressure to hike rates sooner than it wants to slow the currency's decline. Markets are currently pricing in a 46% chance of the Fed's first rate cut starting in September, with November not far behind at 42%, according to the CME FedWatch Tool.
Persons: Carol Kong, Shunichi Suzuki, BoE, Sterling, bitcoin Organizations: Bank of, Traders, Bank of Japan's, Commonwealth Bank of Australia, Japan's Finance, Federal Reserve, Investors, Commonwealth Bank of Australia's, European Central Bank, Bank of England Locations: Japan, Iran, Israel, Tokyo, Japan's, U.S, Commonwealth Bank of Australia's Kong
Senators passed a crucial procedural vote with wide bipartisan support, signaling that the foreign aid package has the strength to pass a final vote. The funding includes roughly $60 billion for Ukraine aid, $26 billion for Israel and $8 billion for Taiwan and Indo-Pacific security. Spending-wise, the legislation is similar to the $95 billion foreign aid bill passed by the Senate in February, which has been effectively shelved in the House in the weeks since. TikTok has pushed back on this proposal since the House passed it over the weekend. Those political threats, along with an increasingly razor-thin House Republican majority led Johnson to effectively table the Senate's $95 billion foreign aid bill for weeks.
Persons: Charles Schumer, Chuck Schumer, Joe Biden, TikTok, Biden, Marjorie Taylor Greene, Mike Johnson, Johnson, Iran's, Donald Trump's, Trump, John Fredericks Organizations: U.S, Capitol, Senate, NBC News, House Republicans, Rep, Republican Locations: Israel, Ukraine, Taiwan
Saudi Aramco CEO Amin Nasser praised China for making solar panels and electric vehicles affordable. Saudi Arabia is fostering closer ties with China and wooing Chinese investments and business partnerships. Unlike the West, Saudi Arabia is cozying up to China. "There are lots of opportunities for China to invest in Saudi Arabia," Alibrahim told the media outlet. In March last year, China brokered a détente between Saudi Arabia and Iran, prompting concerns over waning US influence in the Middle East.
Persons: Amin Nasser, Nasser, China's overcapacity, Janet Yellen, Olaf Scholz, China Nasser's, Faisal Alibrahim, Alibrahim, Jon Alterman Organizations: Saudi, Service, Saudi Aramco, World Energy, Financial Times, West, Nikkei, Aramco, Center for Strategic, International Studies, China Economic, Security Locations: China, Saudi Arabia, Saudi Aramco, Saudi, Rotterdam, East Asia, Beijing, Saudi Arabian, Iran, United States
A general view of Isfahan Refinery, one of the largest refineries in Iran and is considered as the first refinery in the country in terms of diversity of petroleum products in Isfahan, Iran on November 08, 2023. U.S. crude oil fell below $81 a barrel on Tuesday, the lowest level since March, as the market brushed off the threat of additional sanctions on Iranian oil. Here are the latest energy prices:The House of Representatives passed legislation over the weekend that would broaden sanctions against Iran's oil exports to include foreign ports, vessels and refineries that knowingly process crude from the Islamic Republic. The Senate could vote on the bill as soon as this week.
Locations: Isfahan Refinery, Iran, Isfahan, Islamic Republic
The recent stock slump was just the start of a correction, according to JPMorgan. Investors are too complacent with some risks, and inflation and geopolitics could hurt the market. AdvertisementHe pointed out that investors scrambled to dial down risk amid rising inflation fears and worsening geopolitical risks, which added to the slump in recent weeks. The hotter-than-expected CPI print of 3.5% year-over-year in March signals that recent inflation surprises in the US aren't just noise. AdvertisementSince January, the two-year Treasury yield has surged from 4.2% to 4.9%, matching levels seen last August.
Persons: , Stocks, Marko Kolanovic, Kolanovic, Israel didn't Organizations: JPMorgan, Investors, Service, Treasury Locations: Israel
The Israeli military has ended one of its largest offensives in the occupied West Bank since October 7, saying it killed 10 "terrorists" in the Nur al-Shams refugee camp. Images from the raid — one of the IDF's largest in the West Bank since October 7 — show concrete slabs and rubble strewn across the area. Elsewhere in the West Bank, Israeli soldiers shot and killed two Palestinians near Hebron on Sunday, in what the military says was an attempted attack on soldiers. Meanwhile, an ambulance driver was killed in the West Bank on Saturday when his vehicle was hit by gunfire while transporting Palestinians wounded in an attack by Israeli settlers. Violence by Israeli settlers and troops in the West Bank has surged during Israel's war in Gaza.
Persons: Nur Organizations: West Bank, Palestinian Health Ministry, US Locations: Hebron, Gaza
Many Israelis were in a somber mood on Monday as they prepared to usher in Passover, the Jewish festival of freedom, saying they would mark the holiday rather than celebrate it, with more than 130 hostages remaining in Gaza. The number of hostages believed to be alive is unclear, and with negotiations with Hamas captors at an impasse, there is little prospect of their imminent release. Israelis are still jittery after an exchange of fire with Iran this month, the first time Tehran had directly attacked Israel from Iranian territory. More than 250 Israeli soldiers have been killed in Gaza since the start of Israel’s ground invasion in late October, the military says. More than 34,000 Palestinians have been killed in the war, according to Gaza health officials.
Locations: Gaza, Egypt, Iran, Tehran, Israel
At least five rockets were launched from Iraq's town of Zummar towards a U.S. military base in northeastern Syria on Sunday, two Iraqi security sources and a U.S. official told Reuters. At least five rockets were launched from Iraq's town of Zummar towards a U.S. military base in northeastern Syria on Sunday, two Iraqi security sources and a U.S. official told Reuters. The attack against U.S. forces is the first since early February when Iranian-backed groups in Iraq stopped their attacks against U.S. troops. Another popular Telegram group close to Kataib Hezbollah, Sabreen News, later said there had been no official statement by the Iran-backed faction. A U.S. official, speaking on the condition of anonymity, said more than five rockets were fired from Iraq towards troops at a coalition base in Rumalyn, Syria, but no U.S. personnel were injured.
Persons: Mohammed Shia, Sudani, Joe Biden Organizations: U.S, Reuters, Iraqi, White, Kataib, Hezbollah, Sabreen Locations: Iraq's, Zummar, Syria, Iranian, Iraq, United States, U.S, Iran, Rumalyn
The policy enjoys bipartisan political support in Australia, with both the coalition and Labor governments backing offshore detention. And on face value, the UK’s proposed offshore detention policy follows a similar model to that of Australia. Australia’s own offshore detention policy has been heavily criticized and fraught with controversy – but still seems to exert considerable appeal for some UK politicians. Another difference between two nations stems from the fact Australia does not have a human rights charter, Tubakovic said. She notes that the UK is still bound by human rights obligations, particularly as a signatory to the European Convention on Human Rights.
Persons: CNN — “, Behrouz Boochani, , , Boochani, Mostafa Azimitabar –, , ” Azimitabar, Rwanda Bill, Dan Kitwood, Rishi Sunak, Tony Abbott, Jonas Gratzer, Alexander Downer, Downer, Tamara Tubakovic, “ It’s, Tubakovic, David Gray, ” Tubakovic Organizations: CNN, Kurd, European, of Human, Australia’s Department of Home Affairs, Labor, Refugee Council of Australia, , Conservative, English Channel, UK Border Force, University of Melbourne, University of Oxford, Human Rights, of Human Rights, UN, Reuters Locations: New Zealand, Papua New Guinea, Iran, Indonesia, Australia, Nauru, Manus, Melbourne, United Kingdom, Rwanda, England, Britain, British, France, Sydney
Egyptian diplomat discusses Gaza war, Israel-Iran war
  + stars: | 2024-04-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExpansion of Israel-Iran conflict would be 'dangerous for all of us': Egypt ambassador to SingaporeAhmed Mostafa Abdelaal Mohamed, Egypt's ambassador to Singapore, discusses what the Israel-Iran conflict means for Egypt and the region's stability.
Persons: Singapore Ahmed Mostafa Abdelaal Mohamed Locations: Israel, Iran, Egypt, Singapore
Gold retreats as Middle East tensions ebb
  + stars: | 2024-04-22 | by ( ) www.cnbc.com   time to read: +2 min
Gold and silver bars of various sizes lie in a safe on a table at the precious metals dealer Pro Aurum in Munich. Gold prices dipped on Monday, as easing fears of a wider Middle East conflict lowered bullion's safe-haven appeal, while market participants awaited a key U.S. inflation reading due later this week for interest rate cues. Spot gold fell 0.9% to $2,369.97 per ounce, as of 0451 GMT. Asian stocks recovered some losses and bond yields rose as fears of a wider Middle East conflict ebbed, with investors gravitating back towards riskier assets. Among other precious metals, spot silver fell 2.3% to $27.99 per ounce, spot platinum rose 0.3% to $934.03, and palladium fell 0.3% to $1,023.17.
Persons: Kelvin Wong, Wong, Austan Goolsbee Organizations: Aurum, Asia Pacific, Treasury, Chicago Federal Locations: Munich, U.S, Tehran, Iran, OANDA, Israel, Hamas
"I think the best thing would be for everybody to stay puzzled," Herzog said during an interview with Axel Springer media outlets on Sunday. Military equipment displayed at the Army Day ceremony in front of the President of Iran and high-ranking military commanders on April 17, 2024 in Tehran, Iran. The bold strike killed several high-ranking military officials, including two generals in the Islamic Revolutionary Guard Corps. AdvertisementThe incidents of the past few weeks have dragged a decades-long shadow war between Israel and Iran into broad daylight. However, Tehran has signaled that it won't retaliate over the Isfahan strike after appearing to dissociate itself from the attack.
Persons: , Isaac Herzog doesn't, Herzog, Axel Springer, ATTA KENARE, Antony Blinken, Iran's Organizations: Service, Business, Tehran's, United Nations, Getty Images, Experts, US, Army, Islamic Revolutionary Guard Corps Locations: Tehran, Iranian, Isfahan, AFP, Iran, Israel, America, Syria
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