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☆ Over-reliance on the Fed caused market volatility, says Jefferies' David Zervos
▼ + stars: | 2024-05-08 | 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 EmailOver-reliance on the Fed caused market volatility, says Jefferies' David ZervosDavid Zervos, Jefferies chief market strategist; Peter Boockvar, CIO of Bleakley Financial Group; and CNBC's Steve Liesman join 'The Exchange' to discuss the Federal Reserve's pivot on interest rates.

Persons: Jefferies, David Zervos David Zervos, Peter Boockvar, Steve Liesman Organizations: Fed, Jefferies, Bleakley Financial

☆ Trump, Biden and a Split Screen Made for This Moment
▼ + stars: | 2024-05-07 | by ( Peter Baker | ) www.nytimes.com time to read: +1 min

It was perhaps a twisted cosmic coincidence that President Biden’s nationally televised speech on Holocaust remembrance would take place at the exact moment that former President Donald J. Trump was in a courtroom confronted by Stormy Daniels’s testimony about a sexual tryst gonewrong. But the surreal synchronism of the disparate events 182 days before the election captured the sometimes unreal reality of a presidential race like none before it, at once profound and tawdry, a contest with momentous consequences and a circuslike surround sound. A nation grappling with two wars overseas and campus unrest at home is also being asked to parse through the unseemly details of a married man’s purported dalliance with a woman who had sex on camera professionally. This may not have been what the founders had in mind when they established the presidency, watching Mr. Biden’s speech at the Capitol condemning “a ferocious surge of antisemitism” while internet feeds provided the latest from Ms. Daniels’s account about the particular coital position she and Mr. Trump assumed. Yet so goes 2024, a year of twists and turns that defy history and the imagination.

Persons: Biden’s, Donald J, Trump, Stormy, “ Organizations: Capitol Locations: Dachau

☆ Biden Puts Arms Shipment to Israel on Hold Amid Dispute Over Rafah Attack
▼ + stars: | 2024-05-07 | by ( Peter Baker | ) www.nytimes.com time to read: +1 min

President Biden paused an arms shipment to Israel last week to prevent the U.S.-made weapons from being used in a long-threatened assault on the city Rafah, administration officials said on Tuesday night, a sign of the growing rift between Washington and Jerusalem over the conduct of the war. The president withheld 1,800 2,000-pound bombs and 1,700 500-pound bombs that he feared could be dropped on Rafah, where more than one million Gazans have taken refuge, the officials said. The administration is reviewing whether to hold back future transfers, including guidance kits that convert so-called dumb bombs into precision-guided munitions. Israeli officials disclosed the weapons pause to Axios earlier this week, but U.S. officials refused to confirm it either at briefings or privately until Tuesday night. Confirmation of the arms pause came just hours after Israel sent tanks into the city in southern Gaza.

Persons: Biden, Biden’s, Israel Organizations: Biden’s Democratic, Hamas Locations: Israel, U.S, Rafah, Washington, Jerusalem, Gaza

☆ Hamas’s Offer to Hand Over 33 Hostages Includes Some Who Are Dead
▼ + stars: | 2024-05-07 | by ( Peter Baker | More About Peter Baker | ) www.nytimes.com time to read: +1 min

The disclosure came as part of Hamas’s counteroffer to Israel’s latest proposal, which envisions a first-phase, six-week cease-fire in exchange for the return of some of the hostages taken during the Oct. 7 terrorist attacks. It was not clear whether Hamas revealed how many of the 33 are still alive and how many are dead. The Israelis initially wanted 40 to be released in the first phase but came to understand that Hamas did not hold that many who fit the criteria. Israeli and American officials have long assumed that some of the hostages may be dead. Protesters blocked major roads in Jerusalem and Tel Aviv late Monday after Hamas’s counteroffer.

Persons: Benjamin Netanyahu’s, Hamas’s counteroffer Locations: Israel, Jerusalem, Tel Aviv

☆ Middle East Crisis Israeli Military Warns Thousands in Rafah to Evacuate
▼ + stars: | 2024-05-06 | by ( Vivek Shankar | ) www.nytimes.com time to read: +6 min

“We were very close, but Netanyahu’s narrow-mindedness aborted an agreement,” Mousa Abu Marzouk, a senior Hamas official, said in a phone interview. The Israeli official said that Israel had sought a written response to its latest proposal from Hamas before dispatching a delegation, but that the group never conveyed one. Mr. Abu Marzouk was the only one of the officials who spoke about the talks to allow the use of his name. Hamas, Mr. Abu Marzouk said, thought that Mr. Netanyahu wanted an agreement that would permit Israel to invade Rafah after its hostages are released. A report in Al-Qahera News, an Egyptian state-owned television channel, said that a Hamas delegation would return to Cairo on Tuesday, but the senior Hamas official said that the group hadn’t made a decision yet.

Persons: Israel, Benjamin Netanyahu, Netanyahu, Mousa Abu Marzouk, Biden, won’t, ”, Abu Marzouk, Mr, Bill Burns, Mohammed bin Abdulrahman, Peter Baker, Michael Crowley Organizations: Hamas, Sunday, Central Intelligence Agency, Qatari, Qahera Locations: Gaza, Israel, Cairo, Rafah, Kerem, United States, Mohammed bin Abdulrahman Al Thani, Doha, Al

☆ Inside the White House Scramble to Broker a Deal in Gaza
▼ + stars: | 2024-05-06 | by ( Peter Baker | ) www.nytimes.com time to read: +1 min

Over the course of a few hours, the news from the Middle East came into the White House Situation Room fast and furious. Israel orders 100,000 civilians out of Rafah in prelude to invasion. Hamas “accepts” cease-fire deal, potentially precluding invasion. Israel conducts strikes against Rafah, possibly opening invasion. The war-is-on-off-on-again developments on Monday left White House officials scrambling to track what was happening and what it all meant.

Persons: “, ”, Israel — Organizations: White House Locations: Rafah, Israel, United States

☆ Gallows Humor and Talk of Escape: Trump’s Possible Return Rattles Capital
▼ + stars: | 2024-05-05 | by ( Peter Baker | ) www.nytimes.com time to read: +1 min

It has become the topic of the season at Washington dinner parties and receptions. It’s a gallows humor with a dark edge. Much of official Washington is bracing for the possibility that former President Donald J. Trump really could return — this time with “retribution” as his avowed mission, the discussion is where people might go into a sort of self-imposed exile. Whether they mean it or not, the buzz is a telling indicator of the grim mood among many in the nation’s capital these days. The “what if” goes beyond the normal prospect of a side unhappy about a lost election.

Persons: Biden, Donald J, Trump, ” Locations: Washington, Portugal, Australia, France, Poland

☆ The Kentucky Derby could be a wet one. Early favorites Fierceness, Sierra Leone have won in the slop
▼ + stars: | 2024-05-04 | by ( ) www.cnbc.com time to read: +3 min

Trainer Todd Pletcher watches as Kentucky Derby entrant Fierceness works out on Kentucky Oaks Stakes Day, one day before the 150th running of the Kentucky Derby, at Churchill Downs in Louisville, KY on Friday, May 03, 2024. It's the 150th Kentucky Derby. Wet weather could benefit six horses that have won in the mud or slop before, including early favorites Fierceness and Sierra Leone. The Kentucky Derby winner earns $3.1 million from the record purse of $5 million. Trainer Todd Pletcher, who saddles Fierceness, is in the Kentucky Derby for the 24th year and it never gets old.

Persons: Todd Pletcher, Fierceness, Dan, John Velazquez, Peter Brandt, Larry Demeritte, Demeritte, Young, Wayne Lukas, Frankie Dettori, He's Organizations: Kentucky Derby, Kentucky Oaks, 150th Kentucky Derby, Society, Saratoga Locations: Kentucky, Churchill Downs, Louisville , KY, Churchill, Sierra Leone, Bahamas, Japan, Italian

Warning: this episode contains strong language. Over the past week, students at dozens of universities held demonstrations, set up encampments and, at times, seized academic buildings. In response, administrators at many of those colleges decided to crack down and called in the local police to detain and arrest demonstrators. As of Thursday, the police had arrested 2,000 people across more than 40 campuses, a situation so startling that President Biden could no longer ignore it. Jonathan Wolfe, who has been covering the student protests for The Times, and Peter Baker, the chief White House correspondent, discuss the history-making week.

Persons: Biden, Jonathan Wolfe, Peter Baker Organizations: The Times, White House

☆ Critics have panned Jerry Seinfeld's 'Unfrosted.' One called it 'one of the worst films of the decade.'
▼ + stars: | 2024-05-03 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +1 min

One critic described it as "one of the worst films of the decade ." Peter Bradshaw, The Guardian film critic, said the film was "amiable and funny." Richard Roeper, the Chicago Sun Times entertainment columnist, wrote that the film was "one of the worst films of the decade so far." William Bibbiani, a critic for The Wrap, began his review with: "Jerry Seinfeld's new comedy 'Unfrosted' is an impressive film. Tim Robey, The Telegraph film critic, described his viewing experience as "trapped in a writers' room full of stale air."

Persons: Drew Tarver, Mikey Day, Kyle Mooney, Andy Daly, Isaiah Lamb, John P, Johnson, Peter Bradshaw, Richard Roeper, William Bibbiani, Jerry Seinfeld's, It's, it's, Tim Robey Organizations: Netflix, Guardian, Chicago Sun Times, The Telegraph

☆ Biden Appeals to North Carolina With Program to Replace Lead Pipes
▼ + stars: | 2024-05-02 | by ( Peter Baker | More About Peter Baker | ) www.nytimes.com time to read: +1 min

President Biden traveled on Thursday to North Carolina, a possible swing state in the fall election, to promote his efforts to replace toxic lead pipes as part of his administration’s program to expand and upgrade the nation’s network of roads, airports and other critical infrastructure. “Until the United States of America, God love us, deals with this, how can we say we’re a leading nation in the world?” he told a crowd of supporters at the Wilmington Convention Center. “For God’s sake, we’re better than this.”Mr. Biden has committed to replacing all lead pipes across the nation within a decade. Lead exposure can affect brain development in children, damage kidneys and interfere with the production of red blood cells that carry oxygen. The administration estimates that more than nine million homes, schools, day care centers and businesses still receive water through lead pipes, particularly in communities of marginalized people.

Persons: Biden, Mr Organizations: Wilmington Convention Locations: North Carolina, Wilmington, United States of America

☆ Biden to Address Holocaust Remembrance While Still Quiet on Campus Unrest
▼ + stars: | 2024-05-01 | by ( Peter Baker | More About Peter Baker | ) www.nytimes.com time to read: +2 min

“No president has spoken more forcefully about combating antisemitism than this president,” she said. Since then, Mr. Biden has left it to aides to speak for him, trying to balance the free speech rights of protesters with rejection of violence and antisemitic statements. “Americans have the right to peacefully protest as long as it’s within the law and it’s peaceful,” Ms. Jean-Pierre said. “Forcibly taking over a building is not peaceful. “I hope the president speaks as boldly and as forcefully as this moment requires,” Mr. Deutch told Julie Mason on her Sirius/XM radio show.

Persons: Jean, Pierre, Mr, Biden, “, ”, Ms, Pierre said, Ted Deutch, Deutch, Julie Mason, Donald J, Trump, Adolf Hitler Organizations: Columbia University, American Jewish Committee, Mr, Sirius, XM, Republicans, Jewish Locations: Florida

☆ A Bystander to ’60s Protests, Biden Now Becomes a Target
▼ + stars: | 2024-04-30 | by ( Peter Baker | ) www.nytimes.com time to read: +1 min

When students took over Hamilton Hall at Columbia University in April 1968, a young Joe Biden was studying law 250 miles away, just weeks from graduation. Protests and chanting and tie-dye shirts were not his style. “I was in law school,” he later recalled. Having traded up from sports coats in the Syracuse University law school library to suit coats in the Oval Office, however, Mr. Biden cannot simply shrug off the uproar on American college campuses as he once could. Mr. Biden has sought to walk a careful line in recent days as protests have mushroomed and in some cases led to suspensions and arrests.

Persons: Joe Biden, ”, “, Biden, Lyndon B, Johnson, Mr, Joe ” Organizations: Hamilton Hall, Columbia University, Syracuse University, Israel, Jewish Locations: Gaza

☆ Bitcoin's bull run may be over and the next move could see it drop nearly 50%, says a market vet who predicted the token's 2018 crash
▼ + stars: | 2024-04-30 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +3 min

Bitcoin may have peaked for this cycle, and what awaits investors could be a steep fall in the token's value. That's from Peter Brandt, a veteran chart analyst who forecast bitcoin's price plunge in 2018. He notes that the gain in each bitcoin bull cycle from 2009 to 2021 has declined by 20%. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "The fact is that the bull market cycles in Bitcoin have lost a tremendous amount of thrust over the years," he said.

Persons: Peter Brandt, —, Bitcoin, Brandt Organizations: Service

☆ Biden Team Sees Narrow Window for Deal on Cease-Fire and Hostages in Gaza
▼ + stars: | 2024-04-29 | by ( Peter Baker | ) www.nytimes.com time to read: +1 min

President Biden and his national security team see a narrow window to finally seal an agreement that would at least temporarily halt the war in Gaza and possibly end it for good even as they deflect pressure from college campus protests to abandon Israel in its fight against Hamas. Several factors converging at once have renewed the administration’s hopes that it can break through the stalemate in the next week or two. Mr. Biden’s team wants to capitalize on the successful defense of Israel from Iranian attack, rising public pressure in Israel to free the hostages and Saudi eagerness for a new diplomatic and security initiative. The president’s advisers are pressing for a cease-fire deal before Israel can begin its long-threatened assault on the southern Gaza city of Rafah, an operation with the potential for many civilian casualties that could thwart any short-term chances of peace. But administration officials have gone down this road before over the last several months, repeatedly expressing optimism only to see the chances for a deal collapse.

Persons: Biden, Biden’s, Antony J, Blinken Organizations: Hamas, Israel Locations: Gaza, Israel, Rafah, Saudi Arabia

☆ Biden to Confer With Netanyahu on a Possible Cease-Fire and Hostage Deal
▼ + stars: | 2024-04-28 | by ( Peter Baker | More About Peter Baker | ) www.nytimes.com time to read: +1 min

President Biden plans to speak with Prime Minister Benjamin Netanyahu of Israel on Sunday to discuss the prospects of a possible cease-fire deal to obtain the release of some of the remaining hostages held since the Hamas-led terrorist attack of Oct. 7, according to two officials with direct knowledge of the plan. Mr. Biden’s call with the prime minister is set to come just hours after Secretary of State Antony J. Blinken left Washington for his latest trip to the Middle East. Mr. Blinken will start in Saudi Arabia, where he will see Egyptian and Qatari officials who have served as intermediaries with Hamas in the cease-fire and hostage talks, which have stalled in recent weeks. The call also comes three weeks after Mr. Biden told Mr. Netanyahu that he would rethink his support for Israel’s war unless the country did more to facilitate the delivery of food and other supplies to Gaza and limit civilian casualties. Since then, humanitarian aid to Gaza has increased substantially, and Biden advisers credit Israel with responding to the president’s demands, though U.S. officials acknowledge that the aid is still not as much as is needed.

Persons: Biden, Benjamin Netanyahu, Antony J, Blinken, Netanyahu Organizations: Israel, State Department, Saudi, Economic Locations: Washington, Saudi Arabia, Israel, Gaza, U.S

Secretary of State Antony J. Blinken will visit Israel next week, an Israeli official said on Friday, as talks on a cease-fire deal have stalled and tensions have risen between Israel and the United States over the treatment of civilians in the war. The Israeli official, who spoke on the condition of anonymity because the official was not authorized to speak publicly on the matter, said talks with Mr. Blinken would center on the remaining hostages held in Gaza and an impending Israeli military operation in the southern Gaza city of Rafah. Mr. Blinken last visited Israel in March, when he warned that its plans to invade Rafah, where more than a million displaced Palestinians are sheltering, would pose severe risks to the population. Since then, the Biden administration has continued to raise concerns about the planned incursion, saying it should not be carried out without a credible plan to protect civilians. But Prime Minister Benjamin Netanyahu of Israel has vowed to press ahead with the invasion, saying it is necessary to eliminate Hamas battalions in the city.

Persons: Antony J, Blinken, Biden, Benjamin Netanyahu, Israel, Blinken’s Organizations: Israeli, United Locations: Israel, United States, Gaza, Rafah

☆ Jurgen Klopp’s ‘Last Dance’ falls flat as Liverpool stunned by local rival Everton to drop out of Premier League title race
▼ + stars: | 2024-04-25 | by ( Matias Grez | ) edition.cnn.com time to read: +4 min

CNN —For much of this season, Liverpool fans had spoken about sending Jürgen Klopp into the sunset with a historic quadruple of trophies. On Wednesday, Liverpool was stunned 2-0 by struggling local rival Everton in the final Merseyside derby of Klopp’s reign, all but ending the team’s hopes of winning a second Premier League title during the German’s tenure. The defeat leaves Liverpool in second place, three points behind Arsenal and one ahead of Manchester City, though Pep Guardiola’s side now has two games in hand. Klopp will now likely end his final season in charge with just the League Cup. In the second half, the emotions, we’re in a rush, not really clear enough and then we concede the second goal with a routine they’ve done all season.

Persons: Jürgen Klopp, Jarrad, Dominic Calvert, Lewin, “, ”, Pep, ” Klopp, Peter Byrne, ‘, Darwin Núñez’s, Mo Salah, “ It’s, Jordan, Pickford, Klopp, Carl Recine, Arne Slot Organizations: CNN, Liverpool, League, Everton, Merseyside, Premier League, Park, Goodison, Arsenal, Sky Sports, Europa League, Atalanta, Manchester United, Goodison Park, Reuters, Feyernoord Locations: Manchester City, Liverpool

☆ Juggling Campaign and Foreign Policy, Biden Sends Complicated Messages
▼ + stars: | 2024-04-25 | by ( Peter Baker | ) www.nytimes.com time to read: +1 min

President Biden just signed a bill that could ban President Biden from using TikTok. But Mr. Biden plans to keep using TikTok until Mr. Biden’s new law forces Mr. Biden off it. But it is not the only time that Campaign Joe and Foreign Policy Joe have been at odds in recent months. Campaign Joe tells stories on the trail that Foreign Policy Joe’s staff then has to clean up — or try to ignore as best as possible. Foreign Policy Joe has to worry about diplomacy.

Persons: Biden, Mr, Joe Locations: Wilmington, Del, Washington, America

☆ Truth Social: Donald Trump is on the verge of another $1 billion windfall
▼ + stars: | 2024-04-22 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

As long as Trump Media & Technology Group’s share price doesn’t spectacularly implode before Tuesday’s closing bell, Trump is on track to receive another 36 million shares as the owner of Truth Social. Even though Trump Media is losing money and Truth Social is very tiny, those new shares Trump is in line to receive would be valued at about $1.3 billion at current prices. Of course, Trump Media’s share price is subject to extreme volatility, meaning the value of this stake can swing wildly. ‘Grossly overvalued’Even though Trump Media’s share price has retreated since spiking to $66 last month, experts warn it remains overvalued based on fundamental metrics. Ritter, who has been studying IPOs for four decades, expects Trump Media’s share price to eventually plunge to just $1 or $2 per share.

Persons: Donald Trump, Trump, ”, Michael Ohlrogge, ‘, Matthew Kennedy, Kennedy, Jay Ritter, University of Florida . Ritter, Peter Byrne, Cooley Organizations: New, New York CNN, Trump Media & Technology, Truth, Trump Media, Trump, SEC, NYU School of Law, Renaissance, Facebook, Meta, University of Florida, NYU Locations: New York

☆ For Biden, Aid Package Provides a Welcome Boost on the World Stage
▼ + stars: | 2024-04-22 | by ( Peter Baker | ) www.nytimes.com time to read: +1 min

Finally, President Biden had good news to share with President Volodymyr Zelensky of Ukraine. For a grateful Mr. Zelensky, the timing was propitious. A Russian missile attack, he told Mr. Biden, had just destroyed the television tower in Kharkiv. The House passage of a landmark $95 billion foreign aid package gives Mr. Biden much-needed momentum at a time when his credibility and American leadership have been questioned on the world stage. “This was a historic win for President Biden and for America’s global leadership,” Senator Chris Van Hollen, Democrat of Maryland, said in an interview.

Persons: Biden, Volodymyr Zelensky, Zelensky, “, Mr, Chris Van Hollen Organizations: Ukraine, Capitol Locations: Ukraine, Wilmington, Del, States, Russian, Kharkiv, Israel, Taiwan, Maryland

☆ Opinion: Shaking off the Trump effect
▼ + stars: | 2024-04-21 | by ( Richard Galant | ) edition.cnn.com time to read: +19 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. CNN —“We are most deeply asleep at the switch,” wrote Annie Dillard, “when we fancy we control any switches at all. When the Senate voted to send new aid to Ukraine, Israel and Taiwan two months ago, House Speaker Mike Johnson took no action. With the help of Democrats, the House approved aid to Ukraine, Israel and Taiwan on Saturday. Writing for CNN Opinion, he emphasized that there are legal principles that require universities to prohibit expressions of antisemitism.

Persons: CNN —, ”, Annie Dillard, “, time’s, —, Mike Johnson, Donald Trump, Joe Biden, Trump, Biden, Sleepy Joe ”, Israel, Johnson, MAGA, Julian Zelizer, Walt Handelsman, Marjorie Taylor Greene’s, Kevin McCarthy’s, Clay Jones, Fareed Zakaria, Alejandro Mayorkas, “ Biden, ” Zakaria, Bill Clinton, ” Trump, Jack Ohman, Agency Donald Trump’s, dozed, Elliot Williams, Patrick T, Brown, …, ‘, ’, Attorney Alvin Bragg, ” Will, Jeffrey Abramson, ” “, Norm Eisen, Stormy Daniels, ” Eisen, Michael Cohen, Elie Honig, Frida Ghitis, Benjamin Netanyahu, ” Lisa Benson, GoComics.com Peter Bergen, Daniel R, DePetris, Dean Obeidallah, Susanne DeWitt, ” David Schizer, ” Schizer, Danielle Campoamor, Caitlin Clark, Simone Biles, Campoamor, Latika Bourke, John Howard, Justin J, Pearson, Winston Churchill, Holly Thomas, Boris Johnson, Rishi Sunak’s, It’s, ” Thomas, YouGov, ” Don’t, Drew Sheneman, Agency David M, Perry, Frankie de la, Angel Reese, Roy Schwartz, Joni Mitchell —, Raul A, Reyes, Sonia Sotomayor, Jules Boykoff, Jaime M, Valiathan, Ed Manning, Sara Stewart, Noah Berlatsky, Taylor Swift Amy Bass, Taylor Swift, Swift, Department ”, ” Bass, “ Swift, Joe, Alwyn, Diana, they’re, Clara Bow, Dylan Thomas, Patti Smith — Organizations: CNN, Republicans, MAGA Republicans, Agency, Congress, Biden, Homeland, National Guard, ‘, Manhattan, Attorney, New York Democrats, Twitter, Facebook, New York Times, Trump, Berkeley, Nazism, Columbia, Nike, Team USA, Sydney, Port, Conservative, Squadron, Royal Auxiliary Air Force, Central Press, Hulton, National Health Service, WNBA, Ungentlemanly, Department Locations: Ukraine, Israel, Taiwan, Manhattan, Iran, Russia, China, ‘, New, CNN Iran, “ Israel, Gaza, Israeli, Damascus, Iraq, America, Dearborn, Nazi Germany, Berkeley , California, Berkeley, East Bay, Sydney, Port Arthur, Tennessee, Surrey, Croydon, Quebec, Britain, Vancouver, London, Welsh

☆ A rise in gold prices is not a good backdrop for rate cuts, says Bleakley's Peter Boockvar
▼ + stars: | 2024-04-16 | 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 EmailA rise in gold prices is not a good backdrop for rate cuts, says Bleakley's Peter BoockvarPeter Boockvar, Bleakley Financial Group CIO, and Jeff Krumpelman, chief investment strategist at Mariner Wealth Advisors, join CNBC's 'The Exchange' to break down their reactions to yield spikes, the bullish case for gold, and more.

Persons: Bleakley's Peter Boockvar Peter Boockvar, Jeff Krumpelman, CNBC's Organizations: Bleakley Financial, Mariner Wealth Advisors

☆ A Diplomatic Victory of Uncertain Staying Power
▼ + stars: | 2024-04-16 | by ( Peter Baker | ) www.nytimes.com time to read: +1 min

Had just one missile or drone gotten through and killed a lot of Israelis, American officials feared, the region could have gone up in flames. Mr. Biden and his team hoped that the developments over the weekend could give all three major actors enough to claim victory and walk away. Iran could claim vindication for taking aggressive action in response to the Israeli strike that killed some of its top military officers. Israel showed the world that its military is too formidable to challenge and that Iran is impotent against it. Rather than pocketing the win, such as it was, Israeli officials said on Monday that they would respond — without saying when or exactly how — and Mr. Biden’s advisers were bracing to see what that might entail.

Persons: Biden’s, Biden Locations: U.S, Iran, United States

☆ Opinion: What does Iran really want?
▼ + stars: | 2024-04-14 | by ( Peter Bergen | ) edition.cnn.com time to read: +10 min

“A modern, strong, peaceful Iran could become a pillar of stability and progress in the region,” former US Secretary of State Henry Kissinger wrote in 2006. Iran introduced into the Iraqi war zone highly effective roadside bombs known as EFPs – Explosively Formed Penetrators – that wounded and killed hundreds of American soldiers. The official US Army history of the Iraq War concluded that Iran was the only winner of that war. Iran’s ‘cookie-cutter approach’Norman Roule was the top US intelligence official on Iran from 2008 to 2017. The withdrawal of the US troops from neighboring Iraq is a key goal of Iran, which exerts considerable influence over some Iraqi politicians.

Persons: Peter Bergen, Osama bin Laden, Shah, Henry Kissinger, Iran’s ayatollahs, Karim Sadjadpour, Sadjadpour, Reagan, bin Laden, bin, al, Saddam Hussein, –, Noam Chomsky, Iran’s, Norman Roule, Roule, propping, Bashar al, Assad, Christine Abizaid, ”, Trump, Obama, Donald Trump, ‘, Benjamin Netanyahu, hasn’t, Joe Biden, Netanyahu, hadn’t, Biden, Abizaid, Mohammed Shia Organizations: New, Arizona State University, Apple, Spotify, CNN, Saturday, East, CIA, US Army, Israel, US National Counterterrorism Center, US Treasury Department, ‘ Deemed, United Nations, Israel’s, Hamas, Iran, White, ISIS Locations: New America, Israel, Iranian, Damascus, Iran, United States, Palestine, ”, Lebanon, Beirut, Saudi, al Qaeda, Iraqi, Saddam, Iraq, Syria, Yemen, Red, Suez, Gaza, New York, Damascus ”, Jordan

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