US stocks end mostly flat as Treasury yields ease
U.S. stocks closed a choppy session little changed on Thursday (May 22), erasing initial declines as Treasury yields eased off recent highs after the House of Representatives passed U.S. President Donald Trump's tax and spending bill. Lisa Bernhard has more.
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South Wales Argus
17 minutes ago
- South Wales Argus
Israel-Iran war stretches into a second week without diplomatic breakthrough
European ministers and Iran's top diplomat met for four hours on Friday in Geneva, as President Donald Trump continued to weigh US military involvement and worries rose over potential strikes on nuclear reactors. European officials expressed hope for future negotiations, and Iranian foreign minister Abbas Araghchi said he was open to further dialogue while emphasising that Tehran had no interest in negotiating with the US while Israel continued attacking. 'Iran is ready to consider diplomacy if aggression ceases and the aggressor is held accountable for its committed crimes,' he told reporters. Benjamin Netanyahu visits the site of the Weizmann Institute of Science, which was hit by missiles fired from Iran (Jack Guez/Pool Photo via AP) No date was set for the next round of talks. Israeli prime minister Benjamin Netanyahu said Israel's military operation in Iran would continue 'for as long as it takes' to eliminate what he called the existential threat of Iran's nuclear programme and arsenal of ballistic missiles. Israel's top general echoed the warning, saying the Israeli military was ready 'for a prolonged campaign'. But Mr Netanyahu's goal could be out of reach without US help. Iran's underground Fordo uranium enrichment facility is considered to be out of reach to all but America's 'bunker-buster' bombs. Mr Trump said he would put off deciding whether to join Israel's air campaign against Iran for up to two weeks. The war between Israel and Iran erupted on June 13, with Israeli airstrikes targeting nuclear and military sites, top generals and nuclear scientists. At least 657 people, including 263 civilians, have been killed in Iran and more than 2,000 wounded, according to a Washington-based Iranian human rights group. Iran has retaliated by firing 450 missiles and 1,000 drones at Israel, according to Israeli army estimates. Most have been shot down by Israel's multi-tiered air defences, but at least 24 people in Israel have been killed and hundreds wounded. Israel's defence minister said on Saturday it killed a commander in Iran's paramilitary Revolutionary Guard who financed and armed Hamas in preparation for the October 7 2023 attack on Israel that sparked the 20-month long war in Gaza. Israel said Saeed Izadi was commander of the Palestine Corps for the Iranian Quds Force, an elite arm of the Guard that conducts military and intelligence operations outside Iran, and that he was killed in an apartment in the city of Qom.
The Independent
22 minutes ago
- The Independent
People desperately trying to call family in Iran are getting mysterious robotic responses
When Ellie, a British- Iranian living in the United Kingdom, tried to call her mother in Tehran, a robotic female voice answered instead. 'Alo? Alo?' the voice said, then asked in English: 'Who is calling?' A few seconds passed. 'I can't heard you,' the voice continued, its English imperfect. 'Who you want to speak with? I'm Alyssia. Do you remember me? I think I don't know who are you.' Ellie, 44, is one of nine Iranians living abroad — including in the U.K and U.S. — who said they have gotten strange, robotic voices when they attempted to call their loved ones in Iran since Israel launched airstrikes on the country a week ago. They told their stories to The Associated Press on the condition they remain anonymous or that only their first names or initials be used out of fear of endangering their families. Five experts with whom the AP shared recordings said it could be low-tech artificial intelligence, a chatbot or a pre-recorded message to which calls from abroad were diverted. It remains unclear who is behind the operation, though four of the experts believed it was likely to be the Iranian government while the fifth saw Israel as more likely. The messages are deeply eerie and disconcerting for Iranians in the diaspora struggling to contact their families as Israel's offensive targeting Iranian nuclear and military sites pounds Tehran and other cities. Iran has retaliated with hundreds of missiles and drones, and the government has imposed a widespread internet blackout it says is to protect the country. That has blocked average Iranians from getting information from the outside world, and their relatives from being able to reach them. 'I don't know why they're doing this,' said Ellie, whose mother is diabetic, low on insulin and trapped on the outskirts of Tehran. She wants her mother to evacuate the city but cannot communicate that to her. A request for comment sent to the Iranian mission to the U.N. was not immediately answered. Most of the voices speak in English, though at least one spoke Farsi. If the caller tries to talk to it, the voice just continues with its message. A 30-year-old women living in New York, who heard the same message Ellie did, called it 'psychological warfare.' 'Calling your mom and expecting to hear her voice and hearing an AI voice is one of the most scary things I've ever experienced,' she said. 'I can feel it in my body.' And the messages can be bizarre. One woman living in the U.K. desperately called her mom and instead got a voice offering platitudes. 'Thank you for taking the time to listen,' it said, in a recording that she shared with the AP. 'Today, I'd like to share some thoughts with you and share a few things that might resonate in our daily lives. Life is full of unexpected surprises, and these surprises can sometimes bring joy while at other times they challenge us.' Not all Iranians abroad encounter the robotic voice. Some said when they try to call family, the phone just rings and rings. Colin Crowell, a former vice president for Twitter's global policy, said it appeared that Iranian phone companies were diverting the calls to a default message system that does not allow calls to be completed. Amir Rashidi, an Iranian cybersecurity expert based in the U.S., agreed and said the recordings appeared to be a government measure to thwart hackers, though there was no hard evidence. He said that in the first two days of Israel's campaign, mass voice and text messages were sent to Iranian phones urging the public to gear up for 'emergency conditions.' They aimed to spread panic — similar to mass calls that government opponents made into Iran during the war with Iraq in the 1980s. The voice messages trying to calm people 'fit the pattern of the Iranian government and how in the past it handled emergency situations,' said Rashidi, the director of Texas-based Miaan, a group that reports on digital rights in the Middle East. Mobile phones and landlines ultimately are overseen by Iran's Ministry of Information and Communications Technology. But the country's intelligence services have long been believed to be monitoring conversations. 'It would be hard for anybody else to hack. Of course, it is possible it is Israeli. But I don't think they have an incentive to do this,' said Mehdi Yahyanejad, a tech entrepreneur and internet freedom activist. Marwa Fatafta, Berlin-based policy and advocacy director for digital rights group Access Now, suggested it could be 'a form of psychological warfare by the Israelis.' She said it fits a past pattern by Israel of using extensive direct messaging to Lebanese and Palestinians during campaigns in Gaza and against Hezbollah. The messages, she said, appear aimed at 'tormenting' already anxious Iranians abroad. When contacted with requests for comment, the Israeli military declined and the prime minister's office did not respond. Ellie is one of a lucky few who found a way to reach relatives since the blackout. She knows someone who lives on the Iran-Turkey border and has two phones — one with a Turkish SIM card and one with an Iranian SIM. He calls Ellie's mother with the Iranian phone — since people inside the country are still able to call one another — and presses it to the Turkish phone, where Ellie's on the line. The two are able to speak. 'The last time we spoke to her, we told her about the AI voice that is answering all her calls,' said Ellie. 'She was shocked. She said her phone hasn't rung at all.' Elon Musk said he has activated his satellite internet provider Starlink in Iran, where a small number of people are believed to have the system, even though it is illegal. Authorities are urging the public to turn in neighbors with the devices as part of an ongoing spy hunt. Others have illegal satellite dishes, granting them access to international news. M., a woman in the U.K., has been trying to reach her mother-in-law, who is immobile and lives in Tehran's northeast, which has been pummeled by Israeli bombardment throughout the week. When she last spoke to her family in Iran, they were mulling whether she should evacuate from the city. Then the blackout was imposed, and they lost contact. Since then she has heard through a relative that the woman was in the ICU with respiratory problems. When she calls, she gets the same bizarre message as the woman in the U.K., a lengthy mantra. 'Close your eyes and picture yourself in a place that brings you peace and happiness,' it says. 'Maybe you are walking through a serene forest, listening to the rustle of leaves and birds chirping. Or you're by the seashore, hearing the calming sound of waves crashing on the sand.' The only feeling the message does instill in her, she said, is 'helplessness.'
Reuters
27 minutes ago
- Reuters
Europeans seek 'digital sovereignty' as US tech firms embrace Trump
BERLIN, June 21 (Reuters) - At a market stall in Berlin run by charity Topio, volunteers help people who want to purge their phones of the influence of U.S. tech firms. Since Donald Trump's inauguration, the queue for their services has grown. Interest in European-based digital services has jumped in recent months, data from digital market intelligence company Similarweb shows. More people are looking for e-mail, messaging and even search providers outside the United States. The first months of Trump's second presidency have shaken some Europeans' confidence in their long-time ally, after he signalled his country would step back from its role in Europe's security and then launched a trade war. "It's about the concentration of power in U.S. firms," said Topio's founder Michael Wirths, as his colleague installed on a customer's phone a version of the Android operating system without hooks into the Google ecosystem. Wirths said the type of people coming to the stall had changed: "Before, it was people who knew a lot about data privacy. Now it's people who are politically aware and feel exposed." Tesla (TSLA.O), opens new tab chief Elon Musk, who also owns social media company X, was a leading adviser to the U.S. president before the two fell out, while the bosses of Amazon (AMZN.O), opens new tab, Meta (META.O), opens new tab and Google-owner Alphabet (GOOGL.O), opens new tab took prominent spots at Trump's inauguration in January. Days before Trump took office, outgoing president Joe Biden had warned of an oligarchic "tech industrial complex" threatening democracy. Berlin-based search engine Ecosia says it has benefited from some customers' desire to avoid U.S. counterparts like Microsoft's (MSFT.O), opens new tab Bing or Google, which dominates web searches and is also the world's biggest email provider. "The worse it gets, the better it is for us," founder Christian Kroll said of Ecosia, whose sales pitch is that it spends its profits on environmental projects. Similarweb data shows the number of queries directed to Ecosia, opens new tab from the European Union has risen 27% year-on-year and the company says it has 1% of the German search engine market. But its 122 million visits from the 27 EU countries in February were dwarfed by 10.3 billion visits to Google, whose parent Alphabet made revenues of about $100 billion from Europe, the Middle East and Africa in 2024 - nearly a third of its $350 billion global turnover. Non-profit Ecosia earned 3.2 million euros ($3.65 million) in April, of which 770,000 euros was spent on planting 1.1 million trees. Google declined to comment for this story. Reuters could not determine whether major U.S. tech companies have lost any market share to local rivals in Europe. The search for alternative providers accompanies a debate in Europe about "digital sovereignty" - the idea that reliance on companies from an increasingly isolationist United States is a threat to Europe's economy and security. "Ordinary people, the kind of people who would never have thought it was important they were using an American service are saying, 'hang on!'," said UK-based internet regulation expert Maria Farrell. "My hairdresser was asking me what she should switch to." Use in Europe of Swiss-based ProtonMail rose 11.7% year-on-year to March compared to a year ago, according to Similarweb, while use of Alphabet's Gmail, which has some 70% of the global email market, slipped 1.9%. ProtonMail, which offers both free and paid-for services, said it had seen an increase in users from Europe since Trump's re-election, though it declined to give a number. "My household is definitely disengaging," said British software engineer Ken Tindell, citing weak U.S. data privacy protections as one factor. Trump's vice president JD Vance shocked European leaders in February by accusing them - at a conference usually known for displays of transatlantic unity - of censoring free speech and failing to control immigration. In May, Secretary of State Marco Rubio threatened visa bans for people who "censor" speech by Americans, including on social media, and suggested the policy could target foreign officials regulating U.S. tech companies. U.S. social media companies like Facebook and Instagram parent Meta have said the European Union's Digital Services Act amounts to censorship of their platforms. EU officials say the Act will make the online environment safer by compelling tech giants to tackle illegal content, including hate speech and child sexual abuse material. Greg Nojeim, director of the Security and Surveillance Project at the Center for Democracy & Technology, said Europeans' concerns about the U.S. government accessing their data, whether stored on devices or in the cloud, were justified. Not only does U.S. law permit the government to search devices of anyone entering the country, it can compel disclosure of data that Europeans outside the U.S. store or transmit through U.S. communications service providers, Nojeim said. Germany's new government is itself making efforts to reduce exposure to U.S. tech, committing in its coalition agreement to make more use of open-source data formats and locally-based cloud infrastructure. Regional governments have gone further - in conservative-run Schleswig-Holstein, on the Danish border, all IT used by the public administration must run on open-source software. Berlin has also paid for Ukraine to access a satellite-internet network operated by France's Eutelsat ( opens new tab instead of Musk's Starlink. But with modern life driven by technology, "completely divorcing U.S. tech in a very fundamental way is, I would say, possibly not possible," said Bill Budington of U.S. digital rights nonprofit the Electronic Frontier Foundation. Everything from push notifications to the content delivery networks powering many websites and how internet traffic is routed relies largely on U.S. companies and infrastructure, Budington noted. Both Ecosia and French-based search engine Qwant depend in part on search results provided by Google and Microsoft's Bing, while Ecosia runs on cloud platforms, some hosted by the very same tech giants it promises an escape from. Nevertheless, a group on messaging board Reddit called BuyFromEU has 211,000 members. "Just cancelled my Dropbox and will switch to Proton Drive," read one post. Mastodon, a decentralised social media service developed by German programmer Eugen Rochko, enjoyed a rush of new users two years ago when Musk bought Twitter, later renamed X. But it remains a niche service. Signal, a messaging app run by a U.S. nonprofit foundation, has also seen a surge in installations from Europe. Similarweb's data showed a 7% month-on-month increase in Signal usage in March, while use of Meta's WhatsApp was static. Meta declined to comment for this story. Signal did not respond to an e-mailed request for comment. But this kind of conscious self-organising is unlikely on its own to make a dent in Silicon Valley's European dominance, digital rights activist Robin Berjon told Reuters. "The market is too captured," he said. "Regulation is needed as well."
