DIRS.INFO The most relevant business & tech news

☆ Why ‘the Line’ in Saudi Arabia Is So Fraught - The New York Times
▼ + stars: | 2024-06-11 | by ( Philip Oldfield | ) www.nytimes.com time to read: +1 min

According to one estimate, the world will build the equivalent of a New York City every month from 2020 to 2060. The United Nations estimates 96,000 affordable units should be built a day to house the three billion people who will need them by 2030. Egypt is constructing a capital east of Cairo for 6.5 million residents featuring Africa’s tallest skyscraper. To take the pressure off Greater Jakarta’s 30 million residents squeezed by rising seas, Indonesia is building a new capital on the island of Borneo. Though the government recently scaled back the first phase of construction, it has allocated billions of dollars for the project, which could one day house some nine million people.

Persons: we’re Organizations: United Nations Locations: New York City, Egypt, Cairo, Jakarta’s, Indonesia, Borneo, Saudi, Manhattan

☆ At Least 49 Dead After Migrant Boat Sinks Off Yemen
▼ + stars: | 2024-06-11 | by ( The Associated Press | ) www.nytimes.com time to read: +1 min

CAIRO — The sinking of a boat carrying migrants off the coast of Yemen has left at least 49 people dead and 140 missing, the United Nations’ International Organization for Migration said on Tuesday. It said search efforts were continuing and so far 71 had been rescued. The statement counted 31 women and six children among the dead. Yemen is a major route for migrants from the East Africa and the Horn of Africa trying to reach Gulf countries for work. Despite a nearly decadelong civil war in Yemen, the number of migrants arriving annually tripled from 2021 to 2023, soaring to over 90,000 from about 27,000, the International Organization for Migration said last month.

Organizations: United Nations ’ International Organization for Migration, International Organization for Migration Locations: CAIRO, Yemen, Somalia, Aden, East Africa, Africa

☆ Fact check: Trump falsely claims Iran didn’t fund terror groups when he was president
▼ + stars: | 2024-06-11 | by ( Daniel Dale | ) edition.cnn.com time to read: +7 min

They weren’t funding Hamas, and they weren’t funding anything. They weren’t funding Hezbollah,” Trump, now the presumptive Republican presidential nominee, said in a May interview with right-wing host Dan Bongino. Trump’s own administration said in 2020 that Iran was continuing to fund terror groups including Hezbollah. Trump could have fairly said that his sanctions on Iran had made life more difficult for terror groups (though it’s unclear how much their operations were affected). “Iran has never ceased funding many of its core proxy groups” such as Hezbollah, said Phillip Smyth, who studies Iran’s proxies.

Persons: Donald Trump, ” Trump, Dan Bongino, Phil McGraw, Phil, Trump, Pompeo, Trump’s, Mike Pompeo, ” Pompeo, “ We’re, “, ”, Ali Vaez, Hanin Ghaddar, Colin Clarke, Phillip Smyth, Brian Hook, ” Hook Organizations: Washington CNN, Hamas, CNN, Hezbollah, State, Trump, Crisis, The Washington Institute for Near, Washington Post, ” Reuters, The, The Stockholm International Peace Research Institute, Islamic Revolutionary Guard Corps, Qods Force Locations: Iran, Lebanon, Hamas, Palestinian, Israel, “, Tehran, Syria, Iraq, The Stockholm, Bahrain, Yemen, Qaeda, Europe, Africa, Asia

☆ Biden plans Hamptons trip for campaign fundraisers
▼ + stars: | 2024-06-11 | by ( Brian Schwartz | ) www.cnbc.com time to read: +2 min

President Joe Biden is planning a fundraising swing through the ritzy New York seaside towns of the Hamptons later this month. The Rosensteins have combined to give $300,000 to the Biden Victory Fund, according to Federal Election Commission records. Glazer has donated $750,000 this year to the Biden Victory Fund. A spokesman for the Biden campaign did not return a request for comment. The money from the events will go toward the Biden Victory Fund, a joint fundraising operation for the Biden campaign, the Democratic National Committee and over a dozen state parties, a source explained.

Persons: Joe Biden, Barry Rosenstein, Lizanne, Avram Glazer, Edward Glazer, Glazer, Biden, Barack Obama, George Clooney, Julia Roberts, Jimmy Kimmel, Lisa, Richard Plepler, Biden's, Donald Trump, Trump Organizations: Joe Biden disembarks Air Force, ritzy, Hamptons, Tampa Bay Buccaneers, Biden, Commission, Trump, Bucs, Fund, Democratic National Committee, Hollywood Locations: Paris Orly, Paris, York, East Hampton, N.Y, Angeles, Greenwich, Conn, New York

☆ MLB: ‘Jump on the wagon,’ says Phillies star Bryce Harper as baseball fever hits UK – with a little help from Rob McElhenney
▼ + stars: | 2024-06-11 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +6 min

London Stadium, London CNN —As the sun descended in east London, so did tens of thousands of baseball fans as America’s pastime once again made its way across the Atlantic Ocean to England’s capital. The seven-time All-Star’s Great British love-in continued throughout the weekend, and in the opening game of the series, Harper played the starring role. If these international events are put on to attract new fans, Harper was certainly doing his best to persuade them to follow baseball. Kaitlin Olson (far left), McElhenney (second from right), former Philadelphia Phillies second baseman Chase Utley (far right) and Harper participate in opening ceremonies. The wait is now on to see which two teams will do battle in the next edition of the London Series.

Persons: Rob McElhenney, Kirsty Wigglesworth, Bryce Harper, Harper, Ryan Pierse, ” Harper, West Ham –, Mary DeCicco, ”, Freddie Mercury, Winston Churchill, King Henry VIII, Alex Bierens de Haan, Kaitlin Olson, Chase Utley, McElhenney, Olson, Vera Nieuwenhuis Organizations: London, London CNN —, Major League Baseball, Philadelphia Phillies, New York Mets, Premier League soccer, West Ham, Phillies, Mets, UK Phillies, Spice, Philly, Arsenal, Tottenham, Premier League, New York Yankees, Boston Red Sox, Louis Cardinals, Chicago Cubs, Baseball, Britain, King’s Guard, Wrexham AFC Locations: London, British, Philadelphia, Chelsea, West, America, New York

☆ Florida weather: Heavy rain and ‘life-threatening flooding’ hits Miami area and other parts of South Florida
▼ + stars: | 2024-06-11 | by ( Mary Gilbert | Christina Maxouris | ) edition.cnn.com time to read: +9 min

Flood warnings are in effect Wednesday night for parts of Broward, Miami-Dade, Collier and Hendry counties through Thursday morning, according to the National Weather Service, which warned “life-threatening flooding” was ongoing. “Many areas are inundated with water w/ stalled cars & more rainfall is on the way,” the weather service said Wednesday night. @Signia70/ XWhile the state is no stranger to drenching rain, heavy rain events are getting even heavier as the world warms due to fossil fuel pollution. Double-digit rainfall totals are likely in parts of Florida by Friday, but a few areas in southwest Florida could approach 20 inches. An additional 3 to 6 inches of rainfall is expected to fall across Southeastern Florida, including Miami and Fort Lauderdale, through Friday.

Persons: Collier, Flood, “, Storms, I’ve, Kait Madrigal, Ron DeSantis, Lee, Joe Raedle, Marjory Stoneman, Fort Lauderdale Mayor Dean Trantalis, ” Trantalis, Jon Rizzo, ” Jon Rizzo Organizations: CNN, South Florida —, Dade, National Weather Service, Hollywood, Hobe, Florida Gov, Marjory Stoneman Douglas High School, Collier County School, Fort Lauderdale Mayor, Miami International Airport, Hollywood International, National Hurricane Center, US Drought Monitor, Central, Central America Locations: South Florida, Miami, Fort Lauderdale, Broward , Miami, Hendry, Hallandale Beach, Martin County, West Palm, Broward, Sarasota, Hallandale Beach , Florida, Broward County, Trantalis, Lauderdale’s, St Armands, Sarasota , Florida, Caribbean, Florida, Gulf Coast, Southeastern Florida, saturate, Mexico, Gulf of Mexico, East Coast, Key West , Florida, Gulf

☆ Why high-end calligraphy is so expensive
▼ + stars: | 2024-06-11 | by ( Enxhi Dylgjeri | Amelia Kosciulek | ) www.businessinsider.com time to read: 1 min

Once a practical way to transcribe, calligraphy has evolved into a fine art. As the practice we recognize today spread across East Asia, countries like China, Japan, and Korea developed their own methods of creating high-quality calligraphy tools. Top-of-the-line brushes can cost $1,000, and quality ink sticks can reach multiple thousands of dollars. And while dedicated master craftsmen worry about the future of traditional calligraphy tools, younger calligraphers swear by the quality of these handmade items. So why are calligraphers willing to spend so much just to write?

Persons: calligraphers Organizations: Business Locations: East Asia, China, Japan, Korea

☆ AI could power a health-care revolution, but there are some things we need to work out first
▼ + stars: | 2024-06-11 | by ( ) www.cnbc.com time to read: +2 min

Artificial intelligence has the potential to power a health and wellness revolution, but there are some points that need to be ironed out first. "We could literally cure breast cancer with AI," Barrett said, referring to an algorithm that can predict a woman's five-year risk of breast cancer. "A radiologist looked at it and said, 'She doesn't have breast cancer. AI said, 'I think she's going to have breast cancer in the next two to three years.' That is a game changer because breast cancer is curable if you catch it in stage one."

Persons: Chris Tung, Brittany Barrett, Arjun Kharpal, Barrett, Tung Organizations: East Tech, Viva Technology, Alibaba Group, CNBC's Locations: Paris, China, Hangzhou province

Millions around the world caught a glimpse of the North Korean men’s team in two World Cups. The secrecy surrounding the North Korean national team was also evident in the case of star player Han Kwang Song. Carl Recine/Action Images/ReutersEarning respectWhen An joined the North Korean national team upon receiving a call-up letter in 2002, he remembers not being immediately accepted by teammates. To be accepted by the squad, newcomer An had to prove himself to the other North Korean players. Although, as fate would have it, An met his former teammate and current manager of the North Korean national team, Sin Yong Nam, last March.

Persons: –, Yong Hak, Han Kwang, Han, “, ”, Yong, Son Heung, Pak Kwang, Choe, I’ll, ” Han, Yong Nam, ‘ It’s, ’ ”, “ Han’s, ‘, …, Kim Jong Hun, Jong Tae, Philip Fong, Kim, Jong Tae Se, Carl Recine, didn’t, Sin Yong Nam, Sin Organizations: CNN, Korean men’s, CNN Sport, North, Korean, Juventus, Qatari, Al, UN, North Korean, –, SC, Cagliari, South, Tottenham Hotspur, Radio Free Asia, Tokyo's, Getty, Portugal, DPRK, Thailand Locations: North Korea’s, East, Italy, Middlesbrough, England, South Africa, Portugal, North Korean, Japan, Qatar, North Korea, Myanmar, China, Pyongyang, South Korea, Austria, Tokyo, DPRK, Brazil, Ivory Coast, Korean, AFP, Korea

☆ New Gaza Cease-Fire Proposal Puts Spotlight on Hamas Leader Yahya Sinwar
▼ + stars: | 2024-06-11 | by ( Matthew Mpoke Bigg | ) www.nytimes.com time to read: +2 min

Rejecting the deal, Mr. Blinken said, would put Mr. Sinwar’s political interests ahead of those of civilians. Hamas could be “looking after one guy,” Mr. Blinken said, referring to Mr. Sinwar. Mr. Sinwar was an architect of the Oct. 7 attacks on Israel, in which around 1,200 people were killed and around 240 taken hostage. Mr. Blinken said on Tuesday that Mr. Netanyahu had “reaffirmed” his commitment to the plan in private talks in Jerusalem. Hamas has constructed a network of tunnels beneath Gaza to shield the group from Israeli surveillance and attack.

Persons: Yahya Sinwar, Antony J, Blinken, Sinwar, Mr, Benjamin Netanyahu, Israel, Netanyahu, “, Khan Younis Organizations: . Security, Hamas Locations: Gaza, Tel Aviv, United States, Israel, Jerusalem . U.S, Khan

☆ Dan Hurley declines Lakers head-coaching job, will return to UConn: Sources
▼ + stars: | 2024-06-10 | by ( The Athletic Staff | ) www.nytimes.com time to read: +5 min

The UConn coach declined a six-year, $70 million contract offer from the Los Angeles Lakers to become the team’s next head coach, team and league sources confirmed Monday. Los Angeles would have made Hurley one of the NBA’s six highest-paid coaches. Lakers vice president of basketball operations Rob Pelinka and team governor Jeanie Buss made an aggressive pitch to Hurley in Los Angeles on Friday. The Lakers are open to any contract structure that will keep James in Los Angeles, league sources told The Athletic. History repeats itself for the Los Angeles Lakers.

Persons: Jovan Buha, Brendan Quinn, Dana O’Neil Dan Hurley, Hurley, John Wooden, Rob Pelinka, Jeanie Buss, Dan Hurley didn’t, Ham, —, podcaster JJ Redick, James Borrego, Anthony Davis, Redick, LeBron James, James, Mike Krzyzewski, Laker Kobe Bryant, K, Dan Hurley, Mike Vorkunov, Tom Izzo, Billy Donovan, Donovan, he’ll, Donovan Clingan, Tristen Newton, Alex Karaban, Hassan Diarra, Jaylin Stewart, Chris Coduto Organizations: NBA, UConn, Los Angeles Lakers, NCAA, UCLA, Lakers, ESPN, New Orleans Pelicans, of Fame, Duke, Laker, Michigan State, Cleveland Cavaliers, Orlando Magic, Big Locations: Angeles, Los Angeles, Storrs, Conn, Florida, Connecticut

☆ Middle East Crisis U.S. Pushes for Cease-Fire Vote at U.N. Security Council
▼ + stars: | 2024-06-10 | by ( Mike Ives | ) www.nytimes.com time to read: +5 min

Ms. Abu Amr finally arrived home with her son hours later, shocked that she was still alive. To rescue the hostages, Israeli troops entered two residential buildings in which they were being held, according to Rear Adm. Daniel Hagari, the Israeli military spokesman. The medical facility — already packed before the Israeli rescue mission in nearby Nuseirat — overflowed, said Abdelkarim al-Harazin, 28, a physician working there. Gathering her children, she sprinted to the nearby Al-Awda medical center in a desperate search for safety. Gazans there were cursing not just Israel, but Hamas as well, he said, blaming them for bringing this disaster upon them.

Persons: Gazans, Bayan Abu Amr, Mohammad, ”, Abu Amr, Daniel Hagari, Admiral Hagari, Khalil Daqran, Abdelkarim, Aqsa, Javed Ali, Diana Abu Shaban, Saeed, “, Ms, Abu Shaban, Abd Al, Rahman Basem al, Masri, he’d, ” Mr Organizations: Hamas, “, Aqsa Martyrs Hospital, International Medical Corps Locations: Nuseirat, Gaza, Al, Aqsa, Deir al, Deir, Israel

Biden administration officials have discussed potentially negotiating a unilateral deal with Hamas to secure the release of five Americans being held hostage in Gaza if current cease-fire talks involving Israel fail, according to two current senior U.S. officials and two former senior U.S. officials. The Biden administration has said it believes Hamas is holding five American hostages who were abducted during the Oct. 7 terrorist attack on Israel. The officials did not know what the U.S. might give Hamas in exchange for the release of American hostages. Earlier this week, Israeli officials estimated that some 120 hostages are still being held by Hamas and that 43 of them have died in captivity. Over the weekend, four Israeli hostages kidnapped from the Nova music festival were rescued in an operation conducted by the Israel Defense Forces.

Persons: Biden, Israel, Benjamin Netanyahu, Netanyahu, Alexander, Sagui Dekel, Chen, Hersh Goldberg, Polin, Omer Neutra, Keith Siegel, Itay Chen, Judy Weinstein, Gad Haggai, Antony Blinken, Jake Sullivan, Bill Burns, Brett McGurk Organizations: Hamas, U.S, Qatari interlocutors, White, Nova, Israel Defense Forces, NBC News, National, CIA Locations: Gaza, New York City , New York, Israel, Qatari, U.S

☆ Investors are ignoring a crucial risk that has Charles Schwab's global strategy chief up at night — and they'll be caught off guard as US stocks lag international equities for years
▼ + stars: | 2024-06-10 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

Global stocks, as measured by the MSCI World Index, are up nearly 10% year-to-date. "I see election risks as one of — if not the biggest — risks to markets in the second half of the year." Why international stocks will best the USInvestors should hedge against the potential downsides of populism and geopolitical conflicts by owning a diverse basket of international stocks, Kleintop said. If that pattern holds, foreign firms will take the baton from US equities, which have mostly led global markets since the financial crisis. Advertisement"I wouldn't say that you would want to abandon US equities, or even abandon some of those high-flying tech or AI-related stocks," Kleintop said.

Persons: —, Jeffrey Kleintop, Charles Schwab's, Kleintop, that's, Donald Trump, it's, isn't, Tesla, we've, He'd Organizations: Service, Business, Apple, Meta, Microsoft, Nvidia, International Locations: Europe, United Kingdom, globalism, India, Mexico, Asia, Russia, Ukraine

☆ Israel thrust between far-right support and Gaza cease-fire, as Netanyahu rival quits war cabinet
▼ + stars: | 2024-06-10 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +6 min

Amir Levy | Getty Images News | Getty ImagesIsrael's war cabinet minister Benny Gantz resigned from the emergency government, dealing a decisive blow which is expected to entrench Prime Minister Benjamin Netanyahu deeper into a far-right support base that opposes a cease-fire in Gaza. A former chief of staff of the Israeli Defense Forces, centrist Gantz co-founded and led the National Unity party that joined Netanyahu's emergency government after the outbreak of the Gaza war. Israeli prime minister Benjamin Netanyahu and Cabinet minister Benny Gantz during a press conference in the Kirya military base in Tel Aviv , Israel , 28 October 2023. And the prime minister himself. Around 1,200 people were killed in Israel, Israeli official figures say, since the start of the Gaza conflict.

Persons: Benny Gantz, Amir Levy, Benjamin Netanyahu, Gantz, Netanyahu, Regrettably, Yoav, Gallant, entreat Gantz, Yair Lapid, Gadi Eisenkot, Lapid, Eran Etzion, Etzion, Jack Guez, Nimrod Goren, Goren, Itamar Ben Organizations: Getty, entrench, Israeli Defense Forces, National Unity, Gaza, Palestinian, Hamas, Reuters, Defense, Criminal, Gaza's Ministry of Health, Israel's National Security Council, CNBC, Ultra, Sheba Tel, HaShomer Medical Centre, Afp, Middle East Institute, U.S, Jewish Power Party Locations: Gaza, Tel Aviv, Israel, Rafah, Sheba, Ramat Gan, of Israel

☆ Does New York City Really Need These Giant 5G Towers?
▼ + stars: | 2024-06-10 | by ( Dodai Stewart | ) www.nytimes.com time to read: +1 min

This is Street Wars, a weekly series on the battle for space on New York’s streets and sidewalks. A thrilling glimpse of New York City history is on display at the intersection of West 12th Street and Washington Street in Manhattan. The three-story Federal-style brick building on the southeast corner was built in 1842. So when the city proposed placing a shiny new 5G tower on a corner there, neighbors were not happy. “There is a harm to having these 32-foot tall futuristic towers, often with large video display terminals on them, in residential neighborhoods in historic districts,” he said.

Persons: ”, Andrew Berman Organizations: Washington, Village Preservation, Greenwich Village Locations: New York City, Manhattan, Greenwich, ”

Gantry cranes stand in the APM Terminals yard at the Port of Mobile in Mobile, Alabama, U.S., on Thursday, July 20, 2017. This is another example of USMX members unilaterally circumventing our coast-wide Master Contract. A Maersk spokesman said in an emailed statement that APM Terminals remains "in full compliance with the ILA/USMX Master Contract." During a speech before union members that month, Daggett vowed the ILA would not take a back seat to anyone. The ILA indicated in its release that it will not meet with USMX until the "auto gate" issue is resolved.

Persons: Harold J, Daggett Organizations: APM, Port, Longshoremen's Association, United States Maritime Alliance, ILA, APM Terminals, Maersk, USMX, MSC Locations: Mobile, Mobile , Alabama, U.S, East Coast, Gulf Coast, Port of Mobile , Alabama, North America, Daggett, West Coast

The United Nations Security Council on Monday adopted a U.S.-backed cease-fire plan for the Gaza Strip with only Russia abstaining, a sign of the growing frustration among the world’s major powers over the war and the desire to bring it to an end. Linda Thomas-Greenfield, the U.S. ambassador to the United Nations, told members of the Security Council that Israel had already agreed to the deal laid out in the resolution — although Israel has so far resisted taking a public position on it — and she urged Hamas “to do the same.”“Hamas can now see that the international community is united, united behind a deal that will save lives and help Palestinian civilians in Gaza start to rebuild and heal,” Ms. Thomas-Greenfield said. The 14-0 vote may strengthen the hand of Secretary of State Antony J. Blinken, who returned to the Middle East on Monday to press Hamas and Israel to agree to a cease-fire.

Persons: Linda Thomas, Greenfield, Israel, “, ”, Ms, Thomas, Antony J, Blinken Organizations: United Nations Security, United Nations, Security Council Locations: U.S, Gaza, Russia, Israel

☆ Girls freed from Boko Haram in Nigeria can face further detention and abuse by military, Amnesty finds
▼ + stars: | 2024-06-10 | by ( Stephanie Busari | ) edition.cnn.com time to read: +9 min

Survivors recounted giving birth to children fathered by Boko Haram fighters, often when they were still minors themselves. They described being humiliated by soldiers who called them “wives of Boko Haram” and accused them of being behind killings carried out by the terror group. One of them, named NV in the report, said she fled Boko Haram in 2021 when she was around 20. She had been forcibly married to a Boko Haram fighter while in captivity but remarried while living in the IDP for an extended period. Many survivors of Boko Haram told Amnesty that they witnessed Boko Haram killing their relatives.

Persons: Boko Haram, Boko, ”, Samira Daoud, …, Haram, Babagana Zulum, ’, lashings, Haram … Organizations: CNN — Girls, Amnesty, Criminal, West, GN, Nigerian, NA, Nigerian Army, ” CNN, UN, Global Centre, GH Locations: Nigeria, Haram, Northeast Nigeria, Boko Haram, Central Africa, Madagali, Adamawa State, Maiduguri, Nigerian, Borno State, Borno, “, Chibok

☆ Chinese military harassed Dutch warship enforcing UN sanctions on North Korea, Netherlands says
▼ + stars: | 2024-06-10 | by ( Brad Lendon | ) edition.cnn.com time to read: +5 min

Seoul, South Korea CNN —A Dutch warship was harassed by Chinese military aircraft in the East China Sea on Friday, the Netherlands said, becoming the latest country to accuse Beijing’s forces of initiating potentially unsafe encounters in international waters. PSMX partner nations include Australia, Canada, France, Germany, Japan, New Zealand, South Korea, the United Kingdom and the United States, according to the US State Department. This handout picture shows the Dutch frigate Tromp approached in the East China Sea by a Chinese fighter jet. “As a warning, the Chinese military took necessary measures at the scene. Hours later, a Chinese military spokesman accused the United States of “creating division and provoking confrontation” in the region.

Persons: South Korea CNN —, Beijing’s, HNLMS Tromp, “, ”, Tromp, China’s People’s, Richard Marles, Lin Jian, Maj, Rob Millen, Lloyd Austin, Washington, Austin, Jing Jianfeng Organizations: South Korea CNN, Dutch Defense Ministry, CNN, United Nations, Pacific Security Maritime Exchange, European Union, UN Security Council, US State Department, Netherlands Ministry of Defence, South Korean Navy, China’s People’s Liberation Army, South China, Australian Defense, Foreign, Canadian, Royal Canadian Navy, Royal Canadian Air Force, US, NATO, Joint Staff Department, Military Commission Locations: Seoul, South Korea, East, Netherlands, North Korea, Australia, Canada, France, Germany, Japan, New Zealand, United Kingdom, United States, Chinese, East China, Busan, South, Hobart, China, South China, Ottawa, Pacific, Singapore, Asia, Ukraine

☆ Iran election: Mostly hardline candidates approved for next presidential vote
▼ + stars: | 2024-06-10 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +3 min

CNN —The Iranian election committee has approved a slate of mostly hardline candidates to run in the presidential election on June 28, following the helicopter crash that killed President Ebrahim Raisi and other officials last month. Out of 80 initial candidates, only six individuals were approved in a vetting process by Iran’s Guardian Council, a powerful 12-member body charged with overseeing elections and legislation. The slate includes hardline parliament speaker and former Revolutionary Guards commander Mohammad Baqer Qalibaf and Saeed Jalili, ex-chief nuclear negotiator and former head of the Supreme National Security Council, Iran’s top security body. Competition is expected to be fierce between Qalibaf and Jalili, both of whom backed Raisi in the 2021 presidential election. The Guardian Council has, however, also approved Masoud Pezeshkian, a reformist lawmaker who served as parliament deputy speaker from 2016 to 2020.

Persons: Ebrahim Raisi, Mohammad Baqer Qalibaf, Saeed Jalili, ”, Sina Toossi, Amir Hossein Ghazizadeh Hashemi, Alireza Zakani, Mostafa Pour Mohammad, Masoud, Pezeshkian, Mahmoud Ahmadinejad, Ali Larijani, growingly restive Organizations: CNN, Iran’s Guardian Council, Revolutionary, Supreme National Security Council, Center for International, Guardian Council Locations: Iranian, Iran

☆ Oil slips on dollar's strength from U.S. jobs data
▼ + stars: | 2024-06-10 | by ( ) www.cnbc.com time to read: +3 min

Oil wells are seen at an oil facility by the Highway 5 near Bakersfield in California, U.S. on Nov. 27, 2022. Oil prices nudged lower for a second straight session on Monday, weighed down by a firmer dollar as expectations of interest rate cuts were pushed out further following strong U.S. jobs data on Friday. On Friday, data showed the U.S. added more jobs than expected last month, leading investors to trim expectations for rate cuts and causing the dollar to rally. In the U.S., Washington stepped up purchasing of crude oil to replenish the Strategic Petroleum Reserve after prices fell. Last week, U.S. energy firms cut the number of oil and natural gas rigs operating to the lowest since January 2022, energy services firm Baker Hughes said on Friday.

Persons: Emmanuel Macron, Le, Tony Sycamore, Sycamore, Brent, WTI, FGE, Washington, Baker Hughes, Hayan Abdel, Ghani Organizations: Brent, . West Texas, greenback, European Union, IG, U.S . Federal Reserve, Bank of Japan, Organization of, Petroleum, bbl, Strategic Petroleum Reserve, Iraq's Oil Locations: Bakersfield, California, U.S, European, Sydney, OPEC, Kurdistan, Iraq, Turkey

☆ Hostage rescue operation and Israeli political turmoil sharpen Biden’s damaging dilemma
▼ + stars: | 2024-06-10 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

CNN —President Joe Biden’s power to engineer a swift abatement of the war between Israel and Hamas just suffered two serious new blows. • The rescue mission also emphasizes the disparity in the death toll between Palestinians and Israelis in the conflict. • The absence of Gantz may also create an even greater obstacle to approval of any peace deal between Israel and Hamas. • The fracturing of the Israeli war cabinet and Gantz’s call for elections could have unpredictable consequences in Israel amid rising protests against Netanyahu. That is tragic.”But the national security adviser’s comments will do nothing to ease Biden’s domestic political exposure over the war.

Persons: Joe Biden’s, Benny Gantz, Biden, •, estrange Biden, Donald Trump, Kamala Harris, Antony Blinken, Gantz, Benjamin Netanyahu, Netanyahu, Yoav Gallant, Jake Sullivan, Dana Bash, Sullivan, “, Israel, ” Sullivan, “ Innocent, Mike Johnson, Sen, Tom Cotton, Cotton, ”, Biden Gantz, ” Gantz, doesn’t, Aaron David Miller, comport, ” Miller, Joe Biden, ” Biden, you’ve, ” Richard Haass, CNN’s Fareed Zakaria, Haass Organizations: CNN, Israel, Biden, Likud, Trump, Union, Eiffel, Republicans, Democratic National Convention, Fox News, Arkansas Republican, The New York Times, Washington Post, ” Gaza’s Ministry of Health, IDF, ” CNN, ”, Saudis, United, Palestinian Authority, Foreign Relations Locations: Israel, Gaza, United States, Michigan, Washington, Egypt, Jordan, Qatar, France, “ State, American, Chicago, America, Netanyahu, East, United Arab Emirates

☆ The E.U. Votes: What We’re Watching For
▼ + stars: | 2024-06-09 | by ( Matina Stevis-Gridneff | Sarah Hurtes | ) www.nytimes.com time to read: +1 min

More than 300 million voters in the 27 countries that make up the European Union are heading to the polls to elect the new European Parliament’s 720 members. The Parliament approves or rejects E.U. It also says yea or nay, by simple majority in a secret ballot, to the appointment of the president of the E.U. In the 2019 election, Ursula von der Leyen, a conservative, came dangerously close to being rejected as the European Commission president, securing the Parliament’s approval by just nine votes. This time, Ms. von Leyen, likely to be designated as president for a second five-year term, could face worse odds.

Persons: Ursula von der Leyen, von Leyen Organizations: Union, European Commission Locations: Ukraine

☆ Iran OKs 6 candidates for presidential race, but again blocks Ahmadinejad
▼ + stars: | 2024-06-09 | by ( ) www.cnbc.com time to read: +5 min

He withdrew from the 2017 presidential campaign to support Raisi in his first failed presidential bid. Raisi won the 2021 election, which had the lowest turnout ever for a presidential vote in Iran, after every major opponent found themselves disqualified. Amirhossein Ghazizadeh Hashemi, Raisi's vice president, ran in the 2021 presidential elections and came in last with just under 1 million votes. Raisi, Iranian Foreign Minister Hossein Amirabdollahian and others were killed in the May 19 helicopter crash in the far northwest of Iran. Raisi was the second Iranian president to die in office.

Persons: Ebrahim Raisi, Hossein Amirabdollahian, Mahmoud Ahmadinejad, Ayatollah Ali Khamenei, Khamenei, Mohammad Bagher Qalibaf, Qalibaf, Raisi, Mahsa, Saeed Jalili, Alireza Zakani, Mostafa Pourmohammadi, Amirhossein Ghazizadeh Hashemi, Masoud Pezeshkian, Ahmadinejad, Ali Larijani, Hassan Rouhani, Larinjani, Abdolnasser Hemmati, Eshaq Jahangiri, Mohammad Ali Rajai Organizations: Iran's, firebrand, Raisi, Guardian Council, U.S, paramilitary Revolutionary Guard, Guard, Guardian, Former Iranian Central Bank, Iranian Locations: Qom, Iran, Israel, Tehran, Raisi, Russia, Ukraine, Red, Gaza

Search resuls for: "East"

25 mentions found