Latest news with #USintervention
Bloomberg
5 days ago
- Business
- Bloomberg
Trump's Tariffs Upend Brazil's Presidential Politics
Lula's approval rating rises in response to US threats. Plus: Why Russia plotted to kill the CEO arming Ukraine Brazil holds an unusual position in President Donald Trump's trade war because his complaints are more political than economic. Bureau chief Vanessa Dezem writes today about how the US intervention has so far strengthened the position of the current government. Plus: A plot to kill a weapons maker, a potential rift in the Republican coalition and a surprising market surge for Israel. If this email was forwarded to you, click here to sign up.
CBC
17-07-2025
- Politics
- CBC
Syria's interim president promises to protect Druze citizens following Israeli strikes
Syria's interim president Ahmed al-Sharaa accused Israel on Thursday of trying to fracture Syria and promised to protect its Druze minority, after U.S. intervention helped end deadly fighting between government forces and Druze fighters in the south. This came after Israel launched airstrikes in Damascus on Wednesday.
South China Morning Post
28-06-2025
- Politics
- South China Morning Post
From Iraq to Iran: the US quest for Israeli military dominance
As Israeli jets and American bombers streaked across Iranian skies earlier this month, the world watched a familiar game plan unfold – one that had its origins in secret meetings, veiled ambitions and the relentless logic of regional dominance that has haunted the Middle East for generations. The process began decades earlier, in the smoke of American air strikes on Iraq and the calculations of US policymakers determined to keep Israel unrivalled. It was the late 1990s when a small, bipartisan delegation of senior US senators touched down in the United Arab Emirates . Their visit coincided with the American strikes, part of a legacy of US intervention in the Gulf that had left the region in a state of perpetual unease since the guns of Operation Desert Storm fell silent in Kuwait at the start of the decade. One ranking Emirati official, exasperated by the endless cycle of violence, posed the question that had been whispered in the corridors of power throughout the Gulf: why didn't Washington simply topple Saddam Hussein and be done with it? A US senator, unmoved by the query, offered a response with chilling candour. The objective, he told the official, was not regime change, but rather to 'reduce any regional state on a military and technological par with Israel to a pre-industrial society'. The official later shared that exchange with this reporter. A US F-18 fighter jet flies over gas flares at an oil well in northern Kuwait in 1995. Photo: AFP Such an agenda – once the preserve of neoconservative ideologues – soon became official US policy in the wake of the September 11 attacks.
Bloomberg
24-06-2025
- Politics
- Bloomberg
Trump Sees Path to De-Escalate After Iran Barrage
"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Former Secretary of Defense, Leon Panetta, shares his thoughts on Iran firing missiles at a US base in Qatar and the US intercepting the attack. Jeffrey Lewis, Professor at Middlebury Institute of International Studies at Monterey, discusses roughly 900 pounds of highly enriched uranium being stashed somewhere in Iran and what Iran could possibly do with that amount. Rep. Becca Balint (D) Vermont shares her thoughts on whether or not members of Congress should still push through with a vote on a war powers resolution even if President Trump states he no longer intends any additional military attack against Iran. (Source: Bloomberg)
Reuters
23-06-2025
- Business
- Reuters
Gulf stock markets advance despite regional conflict
June 23 (Reuters) - Major stock markets in the Gulf advanced in early trade on Monday amid rising oil prices, as investors anxiously waited to see if Iran would retaliate against U.S. attacks on its nuclear sites. Oil prices jumped to their highest since January as the United States' weekend move to join Israel in attacking Iran's nuclear facilities stoked supply concerns. Market participants expect further price gains amid mounting fears that an Iranian retaliation may include closing the Strait of Hormuz, through which roughly a fifth of global crude supply flows. Saudi Arabia's benchmark index (.TASI), opens new tab gained 0.7%, with Al Rajhi Bank ( opens new tab rising 0.6% and Saudi Arabian Mining Company ( opens new tab putting on 2%. Regional stock markets were recovering to a certain extent as investors could see U.S. intervention potentially forcing Iran into peace talks, said Hani Abuagla, senior market analyst at XTB MENA. Dubai's main share index (.DFMGI), opens new tab advanced 1%, led by a 2.4% jump in blue-chip developer Emaar Properties ( opens new tab and a 1.7% increase in sharia-compliant lender Dubai Islamic Bank ( opens new tab. Gulf states, home to multiple U.S. military bases, were on high alert on Sunday, with their leaders calling on all parties to exercise maximum restraint following U.S. strikes on Iran that raised the possibility of a wider conflict. Nuclear authorities in Saudi Arabia and the UAE said they had not detected signs of nuclear contamination following the strikes in Iran. The Abu Dhabi index (.FTFADGI), opens new tab added 0.2%. According to Abuagla, most markets have already recorded a significant selloff, while some investors might have priced in a worst-case outcome. As a result, the market could see a normalization if current conditions did not change too much. In Qatar, the index (.QSI), opens new tab climbed 1.3%, with the Gulf's biggest lender Qatar National Bank ( opens new tab rising 0.8% and Qatar International Islamic Bank ( opens new tab leaping 3.6%.
