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CNN —A helicopter carrying Iranian President Ebrahim Raisi crashed while visiting a northern region and his condition is currently unknown, Iranian state news agency IRNA reported Sunday. IRNA also reported, citing locals, the helicopter crashed in the Dizmar Forest area between the villages of Ozi and Pir Davood. Residents in northern Varzeqan, East Azerbaijan Province, said they heard noises from the area, it added. Iran’s interior minister Ahmad Vahidi said one of the helicopters was forced to make a hard landing due to foggy weather conditions. Correction: This story has been updated to correct that the reported incident took place in East Azerbaijan Province of Iran.

Persons: Ebrahim Raisi, IRNA, Hossein Amir Abdollahian, “, ”, ” IRNA, Pir Davood, Ahmad Vahidi, Tasnim Organizations: CNN, IRNA, Red Crescent Relief Forces, Central Headquarters Locations: East Azerbaijan Province, Azerbaijan, Varzaqan, Dizmar, Ozi, Varzeqan, Iran

☆ Who Is President Ebrahim Raisi of Iran?
▼ + stars: | 2024-05-19 | by ( Emma Bubola | More About Emma Bubola | ) www.nytimes.com time to read: +1 min

Ebrahim Raisi, 63, a hard-line religious cleric, was elected president of Iran in 2021. In his tenure as president, he has overseen a strategy to expand his country’s regional influence — backing militant proxies across the Middle East, expediting the country’s nuclear program and bringing the country to the brink of war with Israel. But in the same period, Iran experienced its largest antigovernment protests in decades and a severe economic downturn driven by international sanctions and high unemployment. Mr. Raisi has been seen as the likely successor to Ayatollah Ali Khamenei as supreme leader, the highest political and religious position in the Islamic republic. Mr. Raisi, born in the eastern city of Mashhad in 1960 to a devoutly religious family, was swept up in the fervor of Iran’s Islamic Revolution, which toppled the country’s monarchy in 1979.

Persons: Ebrahim Raisi, Raisi, Ali Khamenei Locations: Iran, Israel, Mashhad

☆ Raisi Has Died in Helicopter Crash, State Media Reports
▼ + stars: | 2024-05-19 | by ( Vivian Nereim | ) www.nytimes.com time to read: +4 min

Inside a clothing store in Tehran, a television is set to a news channel reporting on the crash of the helicopter carrying the president of Iran. The crash of a helicopter carrying President Ebrahim Raisi of Iran could hardly have come at a more volatile time for the Islamic Republic. The crash also raises questions about who would become Iran’s supreme leader after Ayatollah Ali Khamenei, who is 85, Mr. Vaez said. Mr. Raisi has been seen as a possible successor. Mr. Vaez said that Mr. Raisi has been viewed as “predictable for the system — and that’s the reason he was chosen as president and was being groomed for the top job.”Farnaz Fassihi contributed reporting.

Persons: Ebrahim Raisi, Raisi —, Iran’s, —, Ali Vaez, ” Mr, Vaez, Mahsa Amini, Ayatollah Ali Khamenei, Raisi, ” Farnaz Fassihi Organizations: Crisis Group, Parliamentary, Islamic, Israel Locations: Tehran, Iran, Islamic Republic, Israel, United States, ”, Kerman, Islamic State, Gaza, Lebanon, Damascus, Syria

☆ Helicopter Carrying Iran’s President Has Crashed, State Media Reports
▼ + stars: | 2024-05-19 | by ( Farnaz Fassihi | ) www.nytimes.com time to read: +1 min

ETA helicopter carrying President Ebrahim Raisi crashed on Sunday, according to Iran’s state media and the country’s mission to the United Nations, but has yet to be found by search-and-rescue workers because of heavy fog. State media has yet to report on casualties or confirm the whereabouts or condition of the president. A delegation of ministers traveled with him in a convoy of three helicopters, state media reported, adding that the two other aircraft had reached their destinations. Here are the latest developments: The government canceled a planned cabinet meeting and instead convened an emergency meeting with the country’s crisis management committee, state media reported. Iran’s law stipulates that if the president dies, power is transferred to the first vice president and that an election must be called within six months.

Persons: Ebrahim Raisi, Hossein Amir Abdollahian, IRNA, “, ” Ahmad Vahidi, Raisi, Mohammad Mokhber Organizations: United Nations Locations: Western Azerbaijan, Iran

☆ Egypt warns Israel of ‘dire repercussions’ over Rafah operation in Gaza
▼ + stars: | 2024-05-15 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +6 min

The official said that coordination between the two countries on the Rafah operation, which Egypt has publicly opposed, “didn’t go well. The top diplomats in both countries traded blame over the closure of the Rafah crossing as aid deliveries through the key land crossing halted. Rafah had been the entry point for nearly a quarter of the relief entering the Gaza Strip before Israel’s operation. Videos released by the Israeli military last week showed Israeli flags raised on the Palestinian side of the frontier. It is unclear how many troops Israel now has stationed across the border in Rafah.

Persons: “ didn’t, Israel, ”, ” Israel, Israel Katz, David Cameron, Annalena Baerbock, Sameh Shoukry, Katz, ” Shoukry, Shoukry, Egypt didn’t, Fatah, Abdel Kareem Hana Organizations: CNN, ” CNN, Street, Palestinian, US State Department, Israeli, Foreign, German, AFP, Getty, Israel Locations: Egypt, Israel, Gaza’s, Rafah, Gaza, Cairo

☆ Israel’s return to areas of Gaza it said were clear of Hamas raises doubts about its military strategy
▼ + stars: | 2024-05-13 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +6 min

CNN —The Israeli military has renewed its fighting in northern Gaza where it previously claimed to have dismantled Hamas’ command structure. The Israeli military also began operating in the area of Zeitoun in central Gaza, as it continues its offensive in eastern Rafah and near the Rafah crossing with Egypt. “Israel’s strategy is not a good one,” said Danny Orbach, a military historian at the Hebrew University of Jerusalem. Others say the re-emergence of Hamas “pockets” is not unusual, and that the Israeli military will have to keep re-entering areas in Gaza until no more fighters emerge. “This process will happen again and again,” Amir Aviv, former deputy commander of the Gaza Division of Israel’s military, told CNN, until all “pockets of resistance” are removed.

Persons: Israel’s, Biden, Antony Blinken, Blinken, Israel, Khan Younis, ” Blinken, Israel “, Dawoud Abo, ”, Danny Orbach, Netanyahu, Netanyahu “, ” Orbach, Phil, General Herzi Halevi, Tamir Hayman, Hayman, ” Amir Aviv, “ Organizations: CNN, CBS News, Israel, Dawoud Abo Alkas, Getty, Hebrew University of Jerusalem, Palestinian Authority, West Bank, Israel Defense Forces, Staff, Institute for National Security Studies Locations: Gaza, Palestinian, Zeitoun, Rafah, Egypt, Israel, United States, Rafah –, Washington, ”, Gaza City, Anadolu, East Jerusalem, Tel Aviv

☆ Hamas has proposed a ceasefire deal. Here’s why that won’t bring an immediate end to the war in Gaza
▼ + stars: | 2024-05-06 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +9 min

CNN —When Hamas declared on Monday evening that it has “agreed” to a ceasefire deal, it caught many off guard. But US officials have pushed back on Hamas’ claim that it had “agreed” to a ceasefire deal, instead characterizing the response as a counterproposal with changes. The Hamas proposal calls for an end to the war, which is a red line for Israeli Prime Minister Benjamin Netanyahu, a senior American official told CNN. “Both sides only want a ceasefire deal that ensures their political survival,” Lowenstein said. It is not a list of individuals who can be killed or infrastructure and equipment that can be destroyed,” Ibish told CNN.

Persons: CNN —, ”, Israel, Bill Burns, Benny Gantz, Benjamin Netanyahu, Matan Golan, Frank Lowenstein, Barack Obama, ” Lowenstein, Netanyahu — “, Netanyahu, Barak Ravid, CNN’s Anderson Cooper, Hamas’s, Biden, doesn’t, Lowenstein, “ Bibi, he’s, Khan Younis, “, that’s, Bibi, it’s, ” Hussein Ibish, Ibish, ” Ibish, “ Netanyahu Organizations: CNN, Hamas, CIA, Qatari, Israeli, Palestinian, Israel, AFP, Getty, Gulf States Institute Locations: Gaza, Rafah, Egypt, Cairo, Israel, “, American, Tel Aviv, Washington ,, Qatar

☆ Iran and Israel have averted an all-out war – for now
▼ + stars: | 2024-04-19 | by ( Tamara Qiblawi | ) edition.cnn.com time to read: +5 min

Iran may be downplaying what was likely to have been a significant but limited Israeli attack, but that seems to be secondary to the larger forces at play. The latest flare-up brought the stakes into sharp focus, but it also exposed the limits of a direct confrontation between Iran and Israel. As part of Iran’s retaliatory attack on Israel, its weapons navigated over at least two neighboring countries that house US bases. What happens between Iran and Israel rarely stays between Iran and Israel. US forces had shot down more than 70 of Iran’s weapons as they headed to Israel.

Persons: Iran’s, CNN’s Nic Robertson, Israel, –, Ebrahim Raisi’s, Israel’s, Itamar Ben Gvir, “ Organizations: Lebanon CNN, Iran’s, Anadolu, Washington, United, United Arab Emirates, National Locations: Beirut, Lebanon, Iran, Tehran, Israel, Damascus, Syria, Iranian, Lebanon’s, Isfahan, Saudi Arabia, United Arab, Riyadh, China, Israel’s, Gaza, Iraq, Yemen

☆ Goldman Sachs is strong, Netflix raises questions: What we learned from earnings this week
▼ + stars: | 2024-04-19 | by ( Hakyung Kim | ) www.cnbc.com time to read: +6 min

Of those companies, 73.6% have beaten earnings expectations, FactSet data shows. Investment banks doing well, BofA not so much The major banks that posted results this week — Goldman Sachs , Morgan Stanley and Bank of America — beat earnings expectations. Bank of America shares fell more than 3% despite the company beating on both top and bottom lines. Mixed earnings picture Although nearly three-quarters of the reported earnings so far have topped expectations, the broader earnings picture is more muddled. The blended earnings growth rate, which considers the reports already out and the estimates from those still pending, sits at just 0.16%.

Persons: — Goldman Sachs, Morgan Stanley, Alastair Borthwick, Wells, Mike Mayo, Goliath, Mayo, Goldman Sachs, Wells Fargo's Mayo, Goldman, Ebrahim Poonawala, cyberattack, George Hill, Doug Anmuth, Jessica Reif Ehrlich, Canaccord Genuity, Chris Harvey Organizations: Investment, Bank of America —, Bank of America, Bank of America's, JPMorgan, Wells, of America, Deutsche, Netflix, NFLX's, Revenue, Microsoft, Exxon Mobil

☆ Israel and Iran: All-out war, or measured retaliation?
▼ + stars: | 2024-04-19 | by ( Natasha Turak | ) www.cnbc.com time to read: +5 min

Atta Kenare | AFP | Getty Imageswatch nowBut a full-blown conventional war would be devastating to both sides and highly destabilizing for the Middle East. Are these tit-for-tat blows between Israel and Iran clear evidence of all-out war, or carefully calibrated retaliation strikes? "With Israel's apparent strikes on Iran today, retaliating for Iran's attack on Israel last Sunday, we now have a direct nation-on-nation hot war," he told CNBC's "Capital Connection" Friday. 'Ball is back in Iran's court'Not everyone agrees that the line into wider war has been crossed, however. Within hours of the Israeli strikes, risk assets were already on their way back down, with international oil benchmark Brent crude turning lower for the session after a brief spike.

Persons: Atta Kenare, Benjamin Netanyahu, Joe Biden, Netanyahu, Ebrahim Raisi, Clay Seigle, CNBC's, Ehud Olmert, CNBC's Dan Murphy, Olmert, Ian Bremmer, Michael Singh, Israel, Rob Casey, Casey Organizations: AFP, Getty, Washington, Rapidan Energy Group, Israeli, Military, Israel, Eurasia Group, National Security Council, Wall Street, Signum Global Advisors, Anadolu, International Atomic Energy Agency, Brent Locations: Palestine Square, Tehran, Israel, Iran, U.S, Damascus, Gulf of Oman, Hormuz, Anadolu

☆ Why Qatar is unlikely to withdraw from the Gaza hostage-ceasefire talks
▼ + stars: | 2024-04-18 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +6 min

Qatar hosts Hamas’ political office, but it is also home to a 10,000-troop US military base. Experts say it is unlikely Qatar will end its mediation role. Qatar's Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman al-Thani gives a press conference with his Turkish counterpart in Doha on Wednesday. And on Monday, Democratic US Congressman Steny Hoyer accused Qatar of “blocking” progress in the talks. The Gulf state was also a Major Non-NATO Ally, as well as key energy supplier to Western states.

Persons: Sheikh Mohammed bin Abdulrahman Al Thani, ” Al Thani, “, ”, Anna Jacobs, “ They’ve, ” Jacobs, Daniel Shek, ” Shek, Sheikh Mohammed bin Abdulrahman, Karim Jaafar, Israel, Benjamin Netanyahu, ” Majid Al Ansari, Netanyahu, James Comer, General Merrick Garland, Steny Hoyer, Jacobs, Joe Biden, NATO Ally Organizations: UAE CNN, Foreign, United States Congress, US, Qatar, Group, CNN, ”, Qatar's, Turkish, Wednesday, Qatari, Hamas, Washington DC, Democratic, Al Udeid, Al Udeid Air Base, NATO Locations: Abu Dhabi, UAE, Israel, Qatar, Doha, United States, Washington, Egypt, Gaza, Gulf, Brussels, Israeli, ” Qatar, Thani, AFP, Qatari, Al Udeid Air

CNN —Dubai International Airport, one of the world’s busiest aviation hubs, remained in disarray Thursday after unprecedented heavy rain led to airliners having to negotiate flooded runways. Delays and cancelations caused by the flooding have led to ongoing congestion at Dubai International Airport. The tarmac of Dubai International Airport was left submerged. Some residents were seen rowing canoes outside their homes, and one viral video on social media showed residents wake boarding on a flooded street in a residential area. Amr Alfiky/ReutersOther videos from social media showed water rushing through a major shopping mall and inundating the ground floor of homes.

Persons: Rula Rouhana, Mohit Mehta, ”, “, ” Mehta, Amr Alfiky, Mister Funk, Christopher Pike, Madiha Khawaja, Khawaja, Sheikh Zayed, cleanups, Sheikh Mohamed bin Zayed Al, Nahyan Organizations: CNN — Dubai International Airport, Emirates, Flydubai, “, ”, Dubai International Airport, Rula, Reuters, United Arab, Dubai International, CNN, UAE, “ Emirates, Bloomberg, Getty Images Municipal, Abu Dhabi . Schools Locations: United Arab Emirates, Dubai, Gurgaon, India, Amsterdam, UAE, Gulf of Oman, Oman, Iran, London, Sheikh, Sharjah, Abu Dhabi

☆ Ukraine war live updates: Putin gives first comments on Iran attack; Ukraine 'ran out of missiles' to stop power plant destruction
▼ + stars: | 2024-04-17 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

Russian President Vladimir Putin has given his first comments on the Iranian attack on Israel, calling on all sides to exercise restraint in order to avoid a major regional confrontation. The Kremlin said Putin and his Iranian counterpart, Ebrahim Raisi, had spoken on the phone Tuesday, discussing Israel’s airstrike on a Iranian diplomatic mission in Damascus and Iran’s "retaliation measures," referring to Tehran's massive drone and missile strike on Israel last Saturday. As the world awaits Israel's reaction to the attack, the Kremlin said "Putin expressed hope that all sides will exercise sensible restraint and will not allow a new round of confrontation that may be fraught with disastrous consequences for the entire region." The Kremlin said that Putin believed that the "unresolved Palestinian-Israeli conflict was the root cause of the current developments in the Middle East." In other news, Ukraine's President Volodymyr Zelenskyy said Ukraine "ran out of missiles" to stop a Russian strike destroying a Ukrainian thermal power plant near the capital Kyiv last week.

Persons: Vladimir Putin, Putin, Ebrahim Raisi, Volodymyr Zelenskyy Organizations: Kremlin, Israel Locations: Israel, Damascus, Ukraine, Russian, Kyiv

☆ Dubai flooding: Chaos as UAE records heaviest rainfall in 75 years
▼ + stars: | 2024-04-17 | by ( Brandon Miller | Nadeen Ebrahim | ) edition.cnn.com time to read: +6 min

Cars are stuck on a flooded road after a rainstorm hit Dubai, United Arab Emirates on Wednesday. Large jets looked more like boats moving through the flooded airport as water sprayed in their wake and waves rippled through the deep water. Video shared on social media showed furniture flying off balconies. Images published in local media showed traffic gridlocked on Dubai’s Sheikh Zayed Road, a 16-lane thoroughfare. Other videos from social media showed water rushing through a major shopping mall and inundating the ground floor of homes.

Persons: UAE CNN —, Rula Rouhana, Ras, Dubai International Airport –, Dubai’s Sheikh, Stringer Organizations: UAE CNN, United, United Arab Emirates, United Nations, Emergency Management, Wednesday, Dubai International Airport, Emirates, Flydubai, Dubai International, AFP, Getty, Dubai Marina, Dubai Metro, Anadolu, National, of Meteorology Locations: Dubai, UAE, United Arab, Gulf of Oman, Oman, Iran, Ras Al, Khaimah, Pakistan, Iran’s, Chabahar, Sistan, Baluchestan, Emirates, Dubai’s, Business, Persian

☆ China is refusing to condemn Iran's strike on Israel — and it's part of a Middle East power play
▼ + stars: | 2024-04-16 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

China refused to condemn Iran's missile attack on Israel. AdvertisementChina refused to condemn Iran's missile and drone attack on Israel as it seeks to position itself as a key player in the Middle East. The statement was notable because it contained no condemnation of Iran's attack on Israel on Saturday. The US has sought to enlist China is helping to prevent a bigger regional war, the State Department said. In the readout, China praised Iran for acting with restraint in its response to Israel's embassy attack.

Persons: —, Wang Yi's, Hossein Amir, Amir, Abdollahian, Wang, Israel's, Xi Jinping, Ebrahim Raisi, Benjamin Netanyahu Organizations: Service, Foreign, Saturday, Iran, Iranian, Lebanese, Hezbollah, Israel's, US, State Department Locations: China, Israel, Iran, Damascus, Syria, Iranian, Saudi Arabia, Gaza, Beijing

☆ Analysis: Can Netanyahu avoid triggering a regional war?
▼ + stars: | 2024-04-16 | by ( Nic Robertson | ) edition.cnn.com time to read: +6 min

In a paradigm shift after decades of shadow proxy war, Tehran is usurping Israel’s strategy. “We have decided to create a new equation,” Iran’s Islamic Revolutionary Guard Corps (IRGC) Commander Hossein Salami said. When faced with existential threats in the past, Israel has executed the most audacious raids the region has ever witnessed. The damage that can be inflicted on Iran is huge, is huge.”So the most important question right now must be, can Netanyahu read the room right – with Iran threatening to attack, allies warning him not to – and avoid triggering a regional war. Iran, he implied, won’t attack Israel as long as it fears America’s reaction.

Persons: CNN —, Joe Biden’s, Ebrahim Raisi’s, ” Israel, Hossein, “, Bashar al, Israel, Benjamin Netanyahu, Yoav Gallant, Benny Ganz –, David Barnea, Staff Herzi Halevi, Netanyahu, Bezalel Smotrich, of National Security Itamar Ben, Gvir, Ganz, Gallant, – Ganz, ” Netanyahu, ” Netanyahu’s, Saleh Al, Amos Yadlin, Yadlin, ” Yadlin, Bashar, Iran’s, Mohammad Reza Zahedi, Biden Organizations: CNN, Islamic Revolutionary Guard Corps, –, Staff, of National Security, IDF’s Military Intelligence, UN Security Locations: CNN — Israel, Israel, Iran, Tehran, Osirak, Syria, Tel Aviv, Gaza, Lebanese, Beirut, Lebanon, Damascus, America

☆ Regional banks will dominate rest of earnings season this week. Here's what analysts expect
▼ + stars: | 2024-04-16 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

"What we've seen is deposit pressures escalate more than previously anticipated," said Alexander Yokum, analyst at CFRA Research, who has a neutral view on regional banks. "A lot of these regional banks, they have less deposits, so if they lose deposits, it can really impact their operating results," Yokum said. "So, higher for longer, I think for a lot of regional banks, would be negative." Here's what Wall Street analysts expect from regional banks this season. Other regional banks reporting this week include Fifth Third Bancorp .

Persons: Alexander Yokum, Yokum, Goldman Sachs, Ryan M, Nash, America's Ebrahim H, Poonawala, CFRA's Yokum, Citi's Keith Horowitz, " Horowitz, Huntington Bancshares Huntington Bancshares Organizations: Regional Banking, U.S . Bancorp, New York Community, CFRA Research, JPMorgan Chase, T Bank, PNC, " Bank, America's, U.S . Bancorp U.S . Bancorp, U.S . Bank, Bank of America, Huntington, Comerica KeyCorp, Comerica, Fifth Third Bancorp Locations: U.S, New, Ohio

☆ Restraint or retribution? Israel faces dilemma in its response to Iran’s attack
▼ + stars: | 2024-04-15 | by ( Nadeen Ebrahim | Jeremy Diamond | ) edition.cnn.com time to read: +10 min

Israel must balance international pressure to show restraint on the one hand, while searching for an appropriate response to an unprecedented attack. Western and Arab allies of Israel have been discouraging it from responding to Iran’s attack. Benny Gantz, a key member of the war cabinet, has pushed for a swifter response to Iran’s attack, two Israeli officials told CNN. He believes that the longer Israel delays its response to Iran’s attack, the harder it will be to garner international support for it, the sources said. Risking Arab tiesArab states, including those that are friendly with Israel, have expressed concern about a potential escalation from Iran’s attack, but haven’t outright condemned it.

Persons: CNN —, Benjamin Netanyahu, ”, Raz Zimmt, Israel …, Amir Cohen, ” Zimmt, Alon Pinkas, Tamir Hayman, Israel’s, Jordan, ” Hayman, Joe Biden, Biden, Adam Schultz, Netanyahu, Netanyahu’s, it’s, ” Pinkas, Pinkas, Louai Beshara, Israel, ” Yaakov Amidror, Iran’s, Benny Gantz, haven’t, CNN’s Becky Anderson, Ayman Safadi, ” Safadi Organizations: CNN, Islamic, Analysts, Hamas, Institute for National Security Studies, Sunday, Reuters, National Security, White, Domestic, Getty Locations: CNN — Israel, Islamic Republic, Israel, Iran, Damascus, Gaza, Tel Aviv, Tehran, Ashkelon, Israeli, France, Pinkas, Iranian, Syria, AFP, Rafah, United States, Jerusalem, Jordanian, “, Persian, Hormuz

☆ Why Iran attacked Israel and what comes next
▼ + stars: | 2024-04-14 | by ( Rob Picheta | ) edition.cnn.com time to read: +5 min

How did Iran attack Israel? Israel and Iran are long-standing rivals and have been engaged in a shadow war for years. Israel’s war on Hamas, waged since the militant group attacked Israel on October 7, has heightened those tensions. But fears of a spiralling regional war spiked further in early April, when Iran accused Israel of bombing its diplomatic complex in Syria. The “Zionist regime” is a term Iran uses to refer to Israel.

Persons: percolated, Daniel Hagari, won’t, Mohammed Reza Zahedi, Mohammad Hadi Haji Rahimi, Donald Trump, IRGC, Qassem Soleimani, Ayatollah Ali Khamenei, Israel, Ebrahim Raisi, “, IRNA, Yoav Gallant, Benjamin Netanyahu, Joe Biden, Netanyahu, Biden, Benny Gantz, Bezalel Smotrich, Itamar Ben Gvir, Hossein Organizations: CNN, Israel, Israel Defense Forces, Revolutionary Guards, West, Israeli, White, Finance, National Security, Islamic Revolutionary Guard Corps, TV Locations: East, Iran, Damascus, Syria, Israel, Iranian, Iraq, Gaza, Baghdad, Lebanese, ”

Iran has warned that it will respond with “stronger and more resolute” actions if Israel retaliates over this weekend’s strikes, according to Tehran’s ambassador to the United Nations. Biden will also meet with G7 leaders on Sunday “to coordinate a united diplomatic response to Iran’s brazen attack,” according to a statement released by the White House. US defensive assets moved to the region earlier this week and “helped Israel take down nearly all of the incoming drones and missiles,” according to the statement. US forces intercepted more than 70 one-way attack drones and at least 3 ballistic missiles Iran fired toward Israel, according to two US official familiar with the situation. US fighter jets were also part of the US’ response to Iran’s attack on Saturday and shot down drones launched towards Israel, another US official told CNN.

Persons: Israel, Benjamin Netanyahu, Joe Biden, Iran –, “, ”, Biden, Netanyahu, Jordan, ” CNN’s Nic Robertson, –, Mohammed Reza Zahedi, Mohammad Hadi Haji Rahimi, Donald Trump, IRGC, Qassem Soleimani, Ayatollah Ali Khamenei, Ebrahim Raisi, IRNA, ” Israel, General Mohammad Reza Ashtiani, Iran’s, António Guterres, Josep Borrell, Rishi Sunak, Javier Milei, Manuel Adorni, CNN’s Paul Murphy Organizations: CNN, Israel, United Nations, Iran, White House, US Navy, US, Revolutionary Guards, Iran’s Defense, Foreign Ministry, UN, British Locations: Iran, Syria, Israel, Republic, Haifa, Jordan, Iraq, Lebanon, Jerusalem, Tel Aviv, Gaza, Damascus, Baghdad, Lebanese, Quds, East, Europe, America, Saudi Arabia, Egypt, France, Netherlands, Austria, Czech Republic, Spain, Portugal, China, Beijing, Chile, Mexico, Denmark

☆ Fundamentals for the big banks are pretty strong, says BofA's Poonawala
▼ + stars: | 2024-04-12 | 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 EmailFundamentals for the big banks are pretty strong, says BofA's PoonawalaEbrahim Poonawala, Band of America Securities head of North American banks research, joins 'Power Lunch' to discuss if he saw any concerns from bank earnings, what the bank stocks are reacting to, and more.

Persons: BofA's Poonawala Ebrahim Poonawala Organizations: of America Securities

Israel’s military instead announced it was building a new crossing into northern Gaza and said an aid convoy used it for the first time on Friday. The military declined to specify the location of the crossing or the number of aid trucks. COGAT said 419 humanitarian aid trucks were inspected and transferred to Gaza on Monday, followed by 468 trucks on Tuesday – the highest one-day figure since the start of the war – and another 298 trucks on Wednesday. Aid shipments slated for Gaza are sniffed by a dog at the Kerem Shalom border crossing on March 14, 2024. Israel counts trucks arriving at their crossings for inspection and entry, while UN agencies count trucks inside Gaza that arrive for distribution, according to UN humanitarian affairs office (UNOCHA) spokesman Jens Laerke.

Persons: Jerusalem CNN —, Joe Biden, Benjamin Netanyahu, Erez, Samantha Power, Jamie McGoldrick, McGoldrick, ” McGoldrick, “, Kerem Shalom, ” COGAT, COGAT, Jack Guez, Jens Laerke, Laerke, Antonio Guterres, Abu Organizations: Jerusalem CNN, Israel, CNN, UN, Getty Locations: Jerusalem, Gaza, United States, Israel, Ashdod, Kerem, AFP, Abu Salem, Rafah

☆ Here come JPMorgan's earnings. These are the key things traders are watching for in the report
▼ + stars: | 2024-04-11 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

The banking giant is expected to report earnings of $4.15 per share and $41.84 billion in revenue, according to LSEG. Many analysts also anticipate an upward revision to net interest income guidance, with the firm already forecasting $90 billion for the full year. Graseck views JPMorgan as one of the best-positioned stocks for upward net interest income revisions, also highlighting its significant excess capital relative to others within the firm's coverage. What else to watch If not during earnings, this upward guidance adjustment to net interest income could occur at JPMorgan's investor day in May, she said. Another key figure some analysts are watching is earnings from First Republic, which the company took over in May 2023 .

Persons: JPM, Piper Sandler's Scott Siefers, Morgan Stanley's Betsy Graseck, Graseck, Goldman Sachs, Richard Ramsden, America's Ebrahim Poonawala, Erika Najarian, NII, Wells, Mike Mayo, Ramsden Organizations: JPMorgan, Wall Street, Management, Bank, America's, First Locations: buybacks, First Republic, Republic

☆ Gaza aid efforts dealt major blow as Israel’s deadly attack on relief workers prompts withdrawal of agencies
▼ + stars: | 2024-04-04 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +9 min

WCK and Anera, another aid group, have said they will pause operations in Gaza following the incident. Israel maintains there is no limit on the amount of food or humanitarian aid that can enter Gaza, but aid agencies accuse it of deliberately restricting deliveries. Shortly afterwards, American Near East Refugee Aid (Anera), an NGO that delivers aid to the West Bank, the Gaza Strip, Lebanon and Jordan, also suspended its Gaza operations. Along with Turkey, the UAE is the biggest donor of aid to Gaza, according to COGAT, providing 25% of all aid from foreign nations. The fate of the extra aid WCK had planned for Gaza is also uncertain.

Persons: “, ” WCK, Jose Andres, Israel, Benjamin Netanyahu, ”, Juliette Touma, Ismael Abu Dayyah, WCK, Touma, Ghassan, ” Abu, Sittah, CNN’s Eleni Giokos, Anera, Barak Ravid, Nikos Christodoulides, Jamie McGoldrick Organizations: CNN, United Arab Emirates, Integrated, UN’s, Works Agency for Palestine Refugees, Israel, UN, WCK, Reuters, Wednesday, UNRWA, Israel’s, CARE, ICRC, United Nations, Israel Defense Forces, East Refugee, West Bank, Touma, UN agency’s Locations: Gaza, Cyprus, Israel, UAE, ”, East, Gaza’s, Deir al Balah, Cypriot, Larnaca, Territories, Egypt, Jordan, British, Palestinian, Gazan, Deir, American, Lebanon, Axois, Turkey, The Gulf, UNRWA, Palestinian Territory

☆ Iran Says the Deadly Israeli Strike in Damascus Will Not Go Unanswered
▼ + stars: | 2024-04-02 | by ( Farnaz Fassihi | Matthew Mpoke Bigg | ) www.nytimes.com time to read: +1 min

President Ebrahim Raisi of Iran said on Tuesday that Israel’s airstrikes on an Iranian embassy compound in Damascus, Syria, which killed three top Iranian commanders, will not go unanswered. The strike, on part of the Iranian Embassy complex in Damascus, killed three generals in Iran’s Quds Force and four other officers, making it one of the deadliest attacks of the yearslong shadow war between Israel and Iran. Mr. Raisi said it was an “inhumane assault in brazen violation of international law,” in comments reported by Tasnim, a semiofficial news agency. He added that it will not go unanswered, but gave no details of how Iran might respond. Switzerland acts as the United States’ representative in the absence of diplomatic relations between Tehran and Washington.

Persons: Ebrahim Raisi, Raisi, Tasnim, Hossein Amir Abdollahian Organizations: Government, Iranian Embassy, Iran’s Quds Force, United States ’ Locations: Iran, Damascus, Syria, Israel, Iranian, Iran’s Quds, Swiss, Washington, U.S, Switzerland, United States, Tehran

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