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The U.S. on Friday began its widely anticipated response to a drone attack that killed three American service members over the weekend with military strikes on sites used by Iran-backed militants in Iraq and Syria. Strikes were carried out on dozens of targets across Iraq and Syria and involved manned and unmanned aircraft, according to the Associated Press. The Biden administration promised a response to the drone strike over the weekend that also injured dozens of American personnel in Jordan. The U.S. attributed the deadly drone strike to the Islamic Resistance in Iraq, an umbrella group of Iran-backed militias. Iran this week threatened to “decisively respond” to any U.S. attack on the Islamic Republic, the state-run IRNA news agency reported.
Persons: Joe Biden, Biden, ” Amir Saeid Iravani, John Kirby, ” Kirby, Sheikh Mohammed bin Abdulrahman bin, al Thani Organizations: Associated Press, Army Reserve, U.S, Islamic, United Nations, White House, Qatari Locations: Iran, Iraq, Syria, Jordan, The U.S, Israel, Islamic Republic, Republic, Qatar
American forces today carried out a series of military strikes against Iranian forces and the militias that they back in half a dozen sites in Syria and Iraq. The assaults, targeting command centers, weapons facilities and bunkers used by Iran’s Islamic Revolutionary Guards Corps Quds Force and affiliated militia groups, made good on President Biden’s promise to respond to a drone attack in Jordan on Sunday that killed three American soldiers and injured at least 40 more service members. We have live updates. The U.S. military is seeking to use the strikes to send a message to Iran and its allied militias that continued attacks on U.S. troops in the region, and international ships in the Red Sea, will draw a response. Still, the Biden administration says it does not want the proxy war underway with Iran to become more significant than it already is.
Persons: Biden’s, Biden Organizations: Iranian, Islamic Revolutionary Guards Corps Quds Force Locations: Syria, Iraq, Jordan, U.S, Iran, Red
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. launches airstrikes in Iraq and Syria over killing of 3 service members in JordanCNBC's Eamon Javers joins 'Closing Bell Overtime' with the latest out of the U.S.'s response to the killing of 3 service members.
Persons: Jordan CNBC's Eamon Javers Organizations: U.S Locations: Iraq, Syria
On Wednesday the White House said it believes an umbrella group of militants called Islamic Resistance in Iraq was behind the drone attack in Jordan. He stopped short of assigning exact blame on Kata’ib Hezbollah, the most powerful Iran-backed militia in Iraq, saying it was not the only group responsible for previous attacks on US bases. On Friday, Iranian President Ebrahim Raisi said his country will not initiate a war but will “respond strongly” to bullies. In a sign of a possible effort to quell the tensions, Kataib Hezbollah, announced on Tuesday the suspension of its military operations against US forces in the region. “We are announcing the suspension of military and security operations against the occupation forces (US troops) - in order to prevent embarrassment to the Iraqi government,” Kataib Hezbollah said in a statement.
Persons: Joe Biden, Biden, Lloyd Austin, , ” Austin, We’re, ” John Kirby, , ” Kirby, Ebrahim Raisi, ” Kataib, Akram Al Organizations: CNN, Pentagon, National Security Council, White, Hezbollah, US, Free Hezbollah Brigades Locations: Iraq, Syria, Iran, Jordan, Israel, Gaza, Tehran, United States, Islamic Republic of Iran, Iranian Hormozgan province
CNN —It was meant to sound devastating, and likely felt so to the pro-Iranian militias on the receiving end. The Biden administration faced a near-impossible task: Hit hard enough to show you mean it, but also ensure your opponent can absorb the blow without lashing out in return. Mistakes, or unanticipated successes, can lead to spirals, and that can lead to unavoidable, wider conflict. The Biden administration has elections looming, in which it does not need another costly foreign adventure, trouble over its Israel policy, or rising oil prices. There will likely follow criticism of the Biden administration for not using the same blunt and forceful approach of Trump in 2020.
Persons: Defense Lloyd Austin, Biden, Donald Trump, Qasem Soleimani, prima, Joe Biden, Defense Lloyd J, Austin III, William Rivers, Kennedy Sanders, Breonna Moffett, Joshua Roberts, Soleimani Organizations: CNN, US Central Command, US, Defense, Force, Hamas, Dover Air Force Base, UN, International Atomic Energy Agency, Trump Locations: Iraq, Syria, Israel, Gaza, Iran, United States, Moscow, Dover , Delaware, Tehran, Washington
Al-Kaabi said that attacks against the US won’t stop until American troops withdraw from Iraq, and Israeli military operations cease in Gaza, according to a statement on Friday. The US believes an umbrella group of Iran-backed militants called Islamic Resistance in Iraq was behind the strike on the Jordan base and is now preparing to respond. On Friday, Iranian President Ebrahim Raisi said his country will not initiateany war but will “respond strongly” to bullies. The US has meanwhile carried out a series of strikes in Iraq, Syria and Yemen. Yemen’s Houthis have also continued to attack US interests despite multiple airstrikes by US and UK forces.
Persons: Biden, Akram Al, Kaabi, , Ebrahim Raisi, , Yemen’s Houthis Organizations: CNN, US, Al, American Locations: An Iran, Iraq, States, Jordan, Gaza, Iran, Israel, Syria, Yemen, Islamic Republic of Iran, Iranian Hormozgan
Attacks The map shows five of the seven sites that the U.S. hit with military strikes in Syria and Iraq. The strikes hit more than 85 targets at different locations using more than 125 precision-guided munitions, according to a statement by U.S. Central Command. Two American officials said the United States also conducted cyberoperations against Iranian targets on Friday but declined to provide details. It is clear from statements from the White House, and from Tehran, that neither the United States nor Iran wants a wider war. Striking sites in the Mideast with aircraft launched from the United States and refueled midair is a muscular show of global reach and capability, the official said.
Persons: Biden, Biden’s, Mr, , , John F, Kirby, Douglas, Sims, Yahya Rasool, That’s, Iran’s, Jordan, Roger Wicker of, William Jerome Rivers, Kennedy Ladon Sanders, Breonna Alexsondria Moffett, Moffett, Sanders, Sergeant Rivers Organizations: Iranian, Islamic Revolutionary Guards Corps Quds Force, U.S . Central Command, Islamic Revolutionary Guards Corps, , Jordan . Middle, Revolutionary Guards, National Security Council, White House, Central Command, White, Pentagon, Dyess Air Force Base, U.S, military’s Joint Staff, Air Force, Iraq’s Armed Forces, Iran’s Revolutionary Guards Corps, Revolutionary Guards Corps, Administration, Capitol, Biden, Republican, Armed Services Committee, Dover Air Force Base, Army Reserve Locations: United States, Syria, Iraq, East, Jordan, Iran, U.S, Jordan ., Tehran, Texas, Yemen, Israel, Gen, Roger Wicker of Mississippi, Delaware
The United States launched attacks in the Iraq and Syria on Friday, its first retaliatory strikes for the killing of three American soldiers, according to an official at the Department of Defense. American forces are expected to hit targets in different countries outside Iran, U.S. officials said. Their calibrated statements appeared to indicate that it was unlikely the reprisal strikes would hit targets inside Iran itself. There have been more than 160 attacks on U.S. forces by Iran-backed groups since Oct. 7, according to the Pentagon. In recent weeks, the U.S. military also carried out strikes against Houthi forces in Yemen, hitting launch sites and command centers.
Persons: Lloyd Austin, Joe Biden, Biden, Austin, Ebrahim Raisi, Hossein Organizations: US, Pentagon, United, Department of Defense, NBC News, U.S, Gaza . U.S . Navy, Navy, Iran's Revolutionary Guard Locations: Washington ,, United States, Iraq, Syria, Iran, Israel, U.S, Jordan, Washington, Tehran, Gaza, Yemen, Aden, Gaza . U.S, Iranian, Persian, American
Iran-backed militants have launched over 160 attacks on US forces since October. US intelligence also suggests that Iran is concerned that attacks from Houthi militants in Yemen on commercial shipping in the Red Sea could upset the economic interests of both China and India, key Iranian allies. Officials cautioned that there is no sense that Tehran’s growing wariness is likely to change its broader strategy of supporting proxy attacks on US and Western targets — although it could signal adjustments around the margins. But officials do believe that Iran is pursuing a calibrated approach to the conflict that is designed to avoid sparking an all-out war. Read the full story here.
Organizations: CNN Locations: Iraq, Syria, Yemen, United States, Jordan, Iran, Tehran, China, India
US special operations forces on the island join their Taiwanese comrades in major urban centers, getting ready for intense urban combat. Looking toward potential future fights like this, US Special Operations Command (SOCOM) is after new tech that would help its special operators survive and thrive in urban warfare. Modern Urban WarfareThe ongoing conflict in Ukraine has shown that urban warfare remains as deadly as ever. Advertisement"When I hear the words 'urban warfare' I think of buildings, close ranges, challenges in fires support, CAS [close air support], or MEDAVACs [medical evacuations]. During the industrial counterterrorism campaign against al-Qaeda in Iraq and the Iraqi insurgency, US special operations forces got a good taste of urban warfare and its complexities.
Persons: , SOCOM, Justin Moeller, isn't Organizations: Service, Business, Operations Command, 5th Special Forces Group, US, Staff, Urban, Wagner Group, Delta Force, Green Berets, Islamic Locations: China, Taiwan, Pacific, Beijing, Ukraine, Bakhmut, Afghanistan, Qaeda, Iraq, Islamic State, Syria, Mosul
Iran’s Supreme National Security Council held an emergency meeting this week, deeply worried that the United States would retaliate after an Iran-aligned militia in Iraq killed three American soldiers and wounded more than 40 others in Jordan. The council, including the president, foreign minister, chiefs of the armed forces and two aides to the country’s supreme leader, debated how to respond to a range of possibilities, from a U.S. attack on Iran, itself, to strikes against the proxy militias that Iran backs in the region, according to three Iranians with knowledge of the council’s deliberations who were not authorized to speak publicly. They relayed the plans developed at the Monday meeting to the supreme leader, Ayatollah Ali Khamenei, the people familiar with the discussion said, and he responded with clear orders: avoid a direct war with the United States and distance Iran from the actions of proxies who had killed Americans — but prepare to hit back if the United States struck Iran.
Persons: Ayatollah Ali Khamenei Organizations: Iran’s, National Security Council Locations: United States, Iran, Iraq, Jordan, U.S
Since mid-November the rebels have been attacking commercial ships in the Red Sea and the Strait of Bab al-Mandab. The Red Sea is a vital waterway that connects to the Suez Canal, through which 10% to 15% of world trade passes. In its fight, the Houthi group has distracted from Yemen’s humanitarian crisis, shored up domestic and international support, and made its name known among those who knew little to nothing about the movement, they say. That narrative has taken hold among those who oppose the Gaza war the world over. Yemen’s civil war began in 2014, when Houthi forces stormed the capital Sanaa and toppled the internationally recognized, Saudi-backed government.
Persons: Abdel Malek al, Houthi, , Allah, Thomas Juneau, ” Juneau, , Ahmed Nagi, Juneau, Israel, , Biden, Netanyahu, ” Mohamed Ali al, Nagi, ” Nagi, ” Mohammed Ali Al, Yemen's Houthi, ” “ Houthis, Nadwa, Yemenis, ” Dawsari Organizations: CNN, Hamas, Hezbollah, Yemeni, Graduate School of Public and International Affairs, University of Ottawa, Canada’s Department of National Defense, Yemeni Armed Forces, European Union, NATO, United, Crisis, UN, BBC, Political Council, Galaxy Leader, Getty, Middle East Institute Locations: Constantinople, Istanbul, United States, Saudi, Israel, Gaza, Bab, Suez, Iran, China, India, Tehran, Iraq, Jordan, Yemen, Red, Solidarity, Aden, Instagram, US, United Kingdom, Brussels, Saudi Arabia, tatters, Yemen's province, Hodeida, AFP, America, Washington ,
Israel and Hezbollah each have lessons from their last war, in 2006, a monthlong conflict that ended in a draw. A United Nations resolution ending the war called for withdrawal of Israeli forces from Lebanon and a demilitarized zone on Lebanon's side of the border. Israeli political and military leaders have warned Hezbollah that war is increasingly probable unless the militants withdraw from the border. Hezbollah leader Hassan Nasrallah hasn't threatened to initiate war but warned of a fight “without limits” if Israel does. Costs would rise sharply if there's war with Lebanon.
Persons: They've, U.N, Antonio Guterres, Hassan Nasrallah hasn't, Andrea Tenenti, Lisa Abou Khaled, , Tal Beeri, there's, Israel's, Orna Mizrahi, Netanyahu, Dina Arakji, ___ Lidman Organizations: United States, United, U.S, Bank of Israel, Alma Research, Education Center, Israel Democracy Institute, Institute for National Security Studies, Gaza's Health Ministry, Lebanese Locations: BEIRUT, Israel, Gaza, United, Lebanon, United Nations, Europe, Iran, Israel's, , Syria, Iraq, Yemen, Beirut, , Tel Aviv
Defense Secretary Lloyd Austin on Thursday attempted to quell any lingering questions about his health as the Biden administration reportedly moves closer to initiating a response to the recent drone strike that killed three U.S. troops in Jordan. I should have also told my team and the American public, and I take full responsibility,” Austin continued. “I apologize to my teammates and to the American people.”He faced questions that were divided between potential responses to the deadly drone attack and his handling of the medical condition. Austin’s reassurances come as developments this week hinted that a U.S. response to the drone attack in Jordan is imminent. Biden earlier this week said that he knew how he wanted his administration to respond to the attack.
Persons: Lloyd Austin, Biden, Austin, ” Austin, , couldn’t, Austin’s reassurances Organizations: American, CBS, CBS News Locations: Jordan, U.S, , Iraq, Syria
Those include two major categories: record of the year (for the single “Not Strong Enough”) album of the year (for their debut “The Record” ). If they win either of those, they'd be the first “all-female” group to do so since the Chicks in 2007. But they're into the “The Chicks to the Boys” lineage, as Baker repeats it. “It means a lot because the project means a lot,” Bridgers says of their nominations. But for now, looking back at the success of “The Record,” there's only one question left to ask.
Persons: boygenius, Phoebe Bridgers, Julien Baker, Lucy Dacus —, Taylor Swift, Olivia Rodrigo, Miley Cyrus, Billie Eilish, they'd, That's, Baker, , , Neil Portnow, Portnow, ” Baker, ” Bridgers, we're, “ It's, that's, “ We've, Dacus Organizations: ANGELES, , Recording Academy, Chicks Locations: New York, U.S, Iraq,
The terrorist threat from al-Qaida, the Islamic State group and their affiliates remains high in conflict zones in Africa and in Afghanistan – and threat levels have risen in some regions including Europe, U.N. experts said in a new report. The Islamic State group broke away from al-Qaida over a decade ago and attracted supporters from around the world. In Iraq, they are carrying out “a low-intensity insurgency with covert terrorist cells” while in Syria attacks have intensified since November, the experts said. In West Africa and the Sahel, the panel said, “violence and threat have escalated again” in conflict zones, raising concerns among U.N. member nations. The experts point to “a deficit in counterterrorism capabilities,” which Islamic State and al-Qaida affiliated groups are continuing to exploit.
Persons: Abu Hafs al, Hashemi, , , Al Organizations: Islamic State, . Security, Central, Islamic Locations: Africa, Afghanistan, Europe, Iran, Pakistan, Central Asian, , al, Iraq, Syria, Islamic, West Africa, Islamic State, Somali, Shabab, “ al, Mogadishu, Somalia, Israel, Gaza, Al, Islam, Jerusalem, France, Belgium
In 1948, Jews realized their wildly improbable dream of a state, and Palestinians experienced the mass flight and expulsion called the Nakba, or catastrophe. It’s only in 1948 that the Arabs become Palestinians and the Jews become Israelis. Many Jews became lower-level officers during World War II, and they brought their new military expertise to the 1948 war. Zoltan Kluger/GPO, via Getty Images Palestinian bombers destroyed buildings on Ben Yehuda Street in Jerusalem in March 1948. Bettmann/Getty Images A Palestinian refugee cut off from her home by the border established after the 1948 war.
Persons: Matson, , Khalil Raad, Yaakov Ben Dov Delegates, Haj Amin al, Husseini, , It’s, Avraham Avinu, David, Fox, King David Hotel, David Ben, Gurion, , Hitler, Hans Pinn, Abd al, Qadir al, Chalil, Zoltan Kluger, Ben Yehuda, Hugo H, Mendelsohn, John Phillips, Palestine ”, UNSCOP, Bettmann, Ruth Orkin, David Seymour, Jordan, Israel, Abdullah, Nadim, Leena Dallasheh, Abigail Jacobson, Moshe Naor, ” Derek Penslar, ” Itamar Rabinovich, Salim Tamari, Emily Bazelon, Herzl, Faisal Al, Hashemi, James Russell &, Bain, Jabotinsky, Abraham Pisarek, Weizmann, Heinrich Hoffmann Organizations: Congress, Institute for Palestine, Palestinian, . Institute for Palestine, Matson, Palestine, Getty, of Congress British, Peel, Zionist, Jewish, British Armed Forces, Allied, King, of Congress Women, Hulton, Biltmore, British, Agence France, Getty Images, Refugees, West Bank, Shutterstock, United Nations, League of Nations, United, United Nations Jewish, Madver, The, Palestine Studies, Columbia University, Columbia University , New York University, Rice University, Islamic, Hebrew University of Jerusalem, Center for Jewish Studies, Harvard University, Tel Aviv University, Birzeit University, Institute for Palestine Studies, The New York Times Magazine, James Russell & Sons, of Congress, Israel, Ben, General Photographic Agency, Society, International Affairs Locations: Palestine, City, Jerusalem, Canadian American, Israel, British, Jaffa, Damascus, Old City, Hebron, Safed, Europe, Arab, North Africa, New York City, Middle Eastern, Haifa, Cyprus, Jenin, U.S, United Nations, Iraq, Tel Aviv’s Lod, Lebanon, Eyal, el Bared, Egypt, Syria, Gaza, Tel Aviv, Ashdod, Palestinian, United States, Qatar, Iran, Columbia University ,, Nazareth, Israeli, Husseini
The US making experimental weapons reveals its lack of ground-based defenses, an expert told BI. AdvertisementUkraine's use of experimental "FrankenSAM" defense systems has highlighted gaps in NATO's own arsenals, according to a military expert. "The FrankenSAMs fill a critical gap" for Ukraine as its allies don't have enough ground-based air defenses to give it, Cancian told Business Insider. He said Ukraine desperately needs ground-based air defenses, with Russia launching major drone and missile strikes on cities and towns across the country. The Pentagon changed its strategy and embraced ground-based defenses again, Cancian said, but he described that realization as taking place "probably belatedly."
Persons: , cobbling, Mark Cancian, Cancian, NASAMS, it's Organizations: US, Service, NATO, US Marine Corps, Center for Strategic, International Studies, Business, Russia, AP, Pentagon, US Navy, AIM, Getty Locations: Ukraine, Russian, Kyiv, Russia, North Korea, Iraq, Ukrainian, Crimea, China
Officials cautioned that there is no sense that Tehran’s growing wariness is likely to change its broader strategy of supporting proxy attacks on US and Western targets — although it could signal adjustments around the margins. But officials do believe that Iran is pursuing a calibrated approach to the conflict that is designed to avoid sparking all-out war. But some current and former US officials are skeptical that Iran will substantively change its tactics. ‘Varying degress of loyalty’The escalations also underscore the varying degrees of control that Iran actually has over its proxy groups. Among the groups, Iran has the least amount of operational control over the Houthis in Yemen, multiple officials told CNN.
Persons: Biden, Bill Burns, Norm Roule, Roule, , Fadel, Ahmad Al, Jonathan Lord, , ” Lord, Israel “, Hossein, Mohammed Hamoud, Wang Yi, Jake Sullivan, Iran ”, we’re Organizations: Militant, Iranian, CNN, White, CIA, Foreign Affairs, Getty, Middle East Security, Center, New, US Navy, Islamic Revolutionary Guard Corps, US, Anadolu Agency, Command, UN, Chinese Foreign, White House Locations: Jordan, Iran, Iraq, Syria, Yemen, United States, Tehran, China, India, Gaza, Europe, Baghdad, AFP, New American, Israel, Africa, Beijing, Bani, Sanaa, Red, Somalia, Bangkok, “ Beijing
The US military destroyed a Houthi missile that posed a threat to a US aircraft on Wednesday. It's the latest preemptive action taken by the US, which has destroyed multiple Houthi missiles. AdvertisementUS forces on Wednesday destroyed a Houthi missile that presented an immediate threat to American aircraft, the US military said, marking the latest engagement between Western militaries and the Iran-backed rebels. After initially identifying the missile, the military determined that it "presented an imminent threat" to US aircraft operating in the region. After Wednesday's incident, however, the military specified that it hit a surface-to-air missile and that it posed a threat to US aircraft.
Persons: , Zachary Elmore, Aden —, Houthis, Pat Ryder, Yemen's, Mohammed Hamoud Wednesday's, Biden Organizations: Command, Service, Central Command, Business, Pentagon, Hornet, Eisenhower, US Navy, British Locations: Yemen, Iran, CENTCOM, Aden, Yemen's Amran, Washington, Iraq, Syria, Jordan
There are two things I believe about the widening crisis in the Middle East. We are about to see a new Biden administration strategy unfold to address this multifront war involving Gaza, Iran, Israel and the region — what I hope will be a “Biden Doctrine” that meets the seriousness and complexity of this dangerous moment. And if we don’t see such a big, bold doctrine, the crisis in the region is going to metastasize in ways that will strengthen Iran, isolate Israel and leave America’s ability to influence events there for the better in tatters. A Biden Doctrine — as I’m terming the convergence of strategic thinking and planning that my reporting has picked up — would have three tracks. On one track would be a strong and resolute stand on Iran, including a robust military retaliation against Iran’s proxies and agents in the region in response to the killing of three U.S. soldiers at a base in Jordan by a drone apparently launched by a pro-Iranian militia in Iraq.
Persons: Biden, , tatters ., Organizations: Biden Locations: Gaza, Iran, Israel, tatters, Jordan, Iraq
Washington CNN —The US believes an umbrella group of militants called Islamic Resistance in Iraq was behind the drone attack in Jordan that killed three American service members, the White House said Wednesday, its first formal attribution for the incident. “We believe that the attack in Jordan was planned, resourced and facilitated by an umbrella group called the Islamic Resistance in Iraq, which contains multiple groups including Kata’ib Hezbollah,” National Security Council spokesman John Kirby said. He stopped short of assigning exact blame on Kata’ib Hezbollah, saying it was not the only group responsible for previous attacks on US bases. In addition to the three killed, more than 40 US troops were injured. Biden told reporters on Tuesday that he had decided how to respond to the strike, but remained vague on what exactly the response would be.
Persons: John Kirby, , servicemembers, William Rivers, Kennedy Sanders, Breonna Moffett, Sanders, Moffett, Biden, Kirby Organizations: Washington CNN, US, Hezbollah, ” National Security, Army Reserve, Dover Air Force Base Locations: Iraq, Jordan, Israel, Carrollton , Georgia, Waycross , Georgia, Savannah , Georgia, Germany
His comment raised fears in Iraq about a possibly retaliatory U.S. attack on its territory. The militia, Kata’ib Hezbollah, or Brigades of the Party of God, is the largest and most established of the Iran-linked groups operating in Iraq. (Kata’ib Hezbollah is separate from the Hezbollah militia in Lebanon.) The other two Iraqi groups that are believed to have been involved in strikes U.S. targets — Harakat al Nujaba and Sayyid Shuhada — have not announced they will halt attacks. Kata’ib Hezbollah and other groups had ignored the Iraqi government’s request to stand down, but once the attack in Jordan on Sunday took American lives, Mr. Sudani demanded a complete halt from Kata’ib Hezbollah.
Persons: Biden, Israel, , Nujaba, Sayyid Shuhada —, Kata’ib, Abu Hussein al, , Pat Ryder, , Mohammed Shia, Sudani, Hisham al, Sudani’s, Nuri al, Qais, Hadi, Esmail Qaani, Falih Hassan, Farnaz, Eric Schmitt Organizations: Pentagon, Hezbollah, Party of, Iraqi Army, Kurdish Syrian Defense, Islamic, Kata’ib Hezbollah, Defense Department, U.S, Sunday, Revolutionary Guards, Maliki, Quds Force Locations: Iran, Iraq, U.S, Jordan, Syria, Gaza, The U.S, Islamic State, Lebanon, Yemen, Islamic Republic of Iran, United States, Iraqi, Baghdad, New York, Washington ,
President Joe Biden said Tuesday that he has made a decision on how to respond to the drone attack that killed three U.S. soldiers and injured dozens of others at a base in northeast Jordan. In initial remarks about the attack, Biden asked for a moment of silence at a South Carolina church event for the "three brave souls" who died. "We shall respond," Biden said. Kirby said Monday that Biden was working through his options for retaliation and stressed that the administration doesn't "want a wider war with Iran." We don't want a wider war in the region, but we've got to do what we have to do," he added.
Persons: Joe Biden, Biden, IRNA, John Kirby, Kirby, Antony Blinken, Blinken, Jens Stoltenberg, we've Organizations: White, Hamas, NBC, U.S . Central Command, United Nations, Reuters, National Security, Air Force One, NATO, Lawmakers Locations: Washington ,, Jordan, Iran, U.S, Israel, Iraq, Syria, Al, Dover , Delaware, South Carolina, Tehran, Yemen, Red
How markets perform after the first Fed rate cut may be more complicated this time than investors expect. The S & P 500 rose just 3.5% in 2007 before collapsing 38% in 2008. A year after the Fed cut rates in 2019, the Covid-19 pandemic weighed on markets. How stocks perform will be especially important as Wall Street assesses when the central bank will cut rates. Markets are currently pricing in a 46% likelihood the Fed will cut rates by a quarter percentage point at its March meeting.
Persons: Ned Davis, Ed Clissold, Sam Stovall, Bear Stearns, Lehman, Stovall Organizations: Federal Reserve, Fed, Dow Jones, Ned Davis Research, Dow, Ned, CFRA Research, Storm, Lehman Brothers Locations: U.S, Iraq, Kuwait
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