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World Economy Mar 23, 2026

Iran Allows Select Countries' Ships Safe Passage Through Strait of Hormuz Amid War

Iran has allowed ships from several countries, including Pakistan, India, and Turkey, to pass throu…
Iran has granted safe passage through the Strait of Hormuz to ships from select countries, including Pakistan, India, and Turkey, despite its ongoing war with the United States. The strait, a vital waterway for global oil shipments, has been effectively blocked since the conflict began on February 28, causing oil prices to skyrocket above $100 per barrel.On March 2, Ebrahim Jabari, a senior adviser to the commander-in-chief of Iran's Islamic Revolutionary Guard Corps (IRGC), announced that the strait was 'closed' and warned that any vessels attempting to cross would be 'set ablaze' by the IRGC and the navy. This move led to a significant increase in oil prices, with Brent crude rising 2.5 percent to $105.70 on Monday, more than 40 percent higher than before the war began.Iranian Foreign Minister Abbas Araghchi revealed that Tehran had been approached by several countries seeking safe passage for their vessels, with the decision ultimately resting with the military. He confirmed that a group of vessels from 'different countries' had been allowed to pass through, although details were not provided.Pakistan was one of the first countries to have a ship pass through the strait, with a Pakistani-flagged Aframax tanker called Karachi sailing out of the Gulf on Sunday. India also secured permission for some of its vessels to pass through, with two Indian-flagged tankers carrying liquefied petroleum gas safely crossing the strait on Saturday.In addition, Turkey obtained permission for one of its ships to pass through the strait after authorities received approval from Tehran. China is reportedly in talks with Iran to secure safe passage for its crude oil and Qatari liquefied natural gas carriers, with 45 percent of China's oil imports passing through the strait.Meanwhile, France and Italy have requested talks with Iran regarding safe passage for their ships, according to reports. The US has proposed a naval coalition to secure the strait, but countries such as Germany and Greece have ruled out military involvement.
#strait #hormuz #iran
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World Economy Mar 23, 2026

Epstein Urged Media Mogul Zuckerman to Cede Control Citing 'Potentially Dangerous' Health

Jeffrey Epstein advised Mortimer Zuckerman to relinquish control of his financial affairs due to al…
Jeffrey Epstein, the late financier and convicted sex offender, urged Canadian-American media and real estate mogul Mortimer Zuckerman to give up control of his financial affairs. Epstein cited Zuckerman's "potentially dangerous" cognitive impairment as the reason for his concern.In an email from October 2015, Epstein suggested that Zuckerman enter a guardianship or conservatorship for his own protection. He expressed concern for Zuckerman's "financial, emotional, physical, and psychological safety", stating that his friends, including himself, were worried about the mogul's well-being.Epstein proposed that Zuckerman grant authority to manage his affairs to Terje Rod-Larsen, a Norwegian diplomat, Zuckerman's nephews, and "anyone else you trust." He emphasized that Zuckerman's "remarkable abilities" were no longer sufficient to protect him.Zuckerman, the owner and publisher of US News & World Report, appeared to take Epstein's advice seriously, thanking him for his "thoughtfulness and friendship" and seeking recommendations for a lawyer with experience in such matters.Epstein also discussed Zuckerman's health with his nephew, Eric Gertler, advising him to oversee the sale of Zuckerman's stocks, art collection, helicopter, and plane. It is unclear if Zuckerman followed Epstein's advice.Zuckerman announced his step down as chairman of Boston Properties about six months after his correspondence with Epstein, but did not cite any health concerns at the time.
#epstein #zuckerman #his
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World Economy Mar 23, 2026

Qatar Customs Chief Assures Supply Stability Amidst Rising Gulf Tensions

Amid escalating military exchanges between Iran and its neighbors, the head of Qatar’s customs auth…
As regional security dynamics shift with Iran launching missile and drone attacks on Gulf neighbors, the head of Qatar’s General Authority of Customs has moved to quell concerns regarding potential supply chain bottlenecks. Ahmed bin Abdullah Al Jamal stated unequivocally that there are no indicators suggesting shortages or disturbances to trade flows within the State of Qatar.The assurance comes as Qatar’s armed forces intercepted recent attacks, highlighting the volatile security environment. However, Al Jamal emphasized that Qatar’s economic stability is underpinned by a robust defense strategy that extends beyond military interception to include diversified import sources, efficient logistics infrastructure, and sufficient strategic stocks of essential goods.A cornerstone of this resilience is the modernization of customs procedures. The implementation of the Al Nadeeb platform, an electronic single-window system, has streamlined import and export transactions. By integrating the electronic TIR system in May 2025, authorities can now exchange data in advance and conduct risk analyses, significantly reducing release times and enhancing transparency for businesses.Qatar’s logistical network is designed for redundancy, offering multiple avenues for trade movement. Hamad Port serves as a critical maritime hub, while Hamad International Airport provides essential air freight capacity. On the land front, the Abu Samra border crossing with Saudi Arabia has been upgraded with advanced scanning and security systems, ensuring that road transport remains a viable and efficient alternative for moving goods across the region.Furthermore, coordination with the Gulf Customs Union has yielded practical benefits, including the recognition of freight forwarder guarantees and simplified customs codes. These measures, combined with a comprehensive emergency framework involving multiple ministries, ensure that Qatar’s markets remain stable and that the flow of goods continues uninterrupted despite external pressures.
#qatar #trade #iran
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News Mar 23, 2026

Trump's FCC Threatens to Revoke Licenses Over Iran War Coverage

The Trump administration's FCC Chairman Brendan Carr has threatened to revoke broadcast licenses of…
The Trump administration has taken a significant step in its efforts to transform free speech rights, with the Federal Communications Commission (FCC) Chairman Brendan Carr threatening to revoke the licenses of broadcasters that cover the Iran war in a way deemed 'hoaxes and news distortions'.Carr's statement, which was a response to Trump's criticism of US news coverage of the war, was cheered by the president, who said he was 'thrilled' to see Carr investigating 'Corrupt and Highly Unpatriotic 'News' Organizations'. This move is seen as one of the most extreme examples of the Trump administration's approach to free speech.Free speech advocates argue that the FCC's actions are a threat to constitutionally protected speech rights, and that the commission is overstepping its authority. The FCC's efforts to control media narratives are part of a broader shift in the US media landscape, where beleaguered companies are increasingly eyeing new business deals and mergers.The Trump administration's approach to free speech has been multi-pronged, using immigration law to target individuals for their speech, and pursuing a largely-defunct effort to punish law firms that employed Trump's perceived political enemies.Critics argue that the FCC's threats have come amid a broader shift in the US media landscape, where media owners are trying to make deals and exert pressure on people below them to make sure they're not overly adversarial towards the Trump administration.
#trump #media #administration
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News Mar 23, 2026

Trump Mocks Starmer with SNL Skit as US-UK Tensions Rise Over Iran War

US President Donald Trump shared a satirical video mocking UK Prime Minister Keir Starmer's relucta…
US President Donald Trump has taken to social media to mock UK Prime Minister Keir Starmer, sharing a Saturday Night Live (SNL) skit that depicts Starmer panicking at the prospect of a call with Trump. The skit, which aired on the premiere of the new British version of SNL, shows Starmer, played by George Fouracres, trying to avoid a call with Trump.The video was shared on the same evening that Trump and Starmer spoke about the escalating tensions in the Middle East and the US-Israel war on Iran. During their call, the two leaders focused on the need to reopen the Strait of Hormuz, which has been effectively blocked by Iran since the US and Israel launched strikes on February 28.The closure of the strait has sent oil prices soaring, creating the biggest energy crisis since the 1970s. Trump has repeatedly criticized Starmer for not doing enough to support the US efforts to break the blockade, accusing him of being a 'coward' and saying he is 'disappointed' in him.Starmer has asserted that any attempt to reopen the Strait of Hormuz needs careful consideration and a viable plan, and that his number one priority is to protect British interests and de-escalate tensions. The UK government has given authorization for the US to use its military bases to carry out strikes on Iranian missile sites that were attacking ships in the Strait of Hormuz.
#starmer #trump #iran
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News Mar 23, 2026

Air Canada Flight Collides with Fire Truck at NYC's LaGuardia Airport, Killing Two

An Air Canada Express flight collided with a fire truck on the runway at LaGuardia Airport in New Y…
At least two people have been killed in a tragic incident involving an Air Canada Express flight that struck a ground vehicle while landing at New York's LaGuardia Airport. The accident occurred on Sunday night, and the airport has been closed since then, with flights diverted to other airports. The aircraft, operated by Jazz Aviation, a regional partner of Air Canada, collided with a firefighting truck on Runway 4 at approximately 11:40 pm on Sunday (03:40 GMT on Monday). The vehicle was driving to respond to a separate incident. According to the Port Authority, 32 of the 41 injured individuals had been released by Monday, while nine remained hospitalized with serious injuries. The passengers and crew members on board Flight AC8646, which departed from Montreal, included 76 people, four of whom were crew members. The CRJ-900 aircraft struck the vehicle at a relatively low speed of 39 kilometers per hour (24 miles per hour). Emergency response protocols were immediately activated, and the US Federal Aviation Administration (FAA) issued a ground stop for all departures to LaGuardia. The National Transportation Safety Board has dispatched a 'go team' to investigate the collision. The incident has caused significant disruptions, with arriving planes being diverted to other airports or returning to their point of origin. New York's Emergency Management has warned of potential cancellations, road closures, traffic delays, and emergency personnel presence near the airport. LaGuardia Airport, which served 33.5 million passengers in 2024, has been experiencing flight disruptions due to poor weather and staffing impacts from a federal funding lapse.
#airport #laguardia #new
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World Economy Mar 23, 2026

Iran War Enters Critical 24th Day: Escalation, Market Fallout, and Rising Casualties

As the US-Israel military campaign against Iran enters its 24th day, a critical deadline for the St…
The military campaign launched by the United States and Israel against Iran has entered its 24th day, bringing the region to a precarious juncture. As US President Donald Trump’s 48-hour ultimatum for Iran to reopen the Strait of Hormuz approaches its expiration at 23:44 GMT on Monday, Tehran has issued stern warnings regarding the potential targeting of its electricity grid. In response, Iran has vowed to strike the energy and water systems of its Gulf neighbors, raising fears of a broader regional energy crisis.The conflict is already having tangible repercussions on the global economy. Financial markets are reacting sharply to the escalating tensions, with stocks in China and Hong Kong on track for their worst performance in nearly a year. The uncertainty has fueled stagflation fears, prompting UK Prime Minister Keir Starmer to convene an emergency meeting to address the mounting economic fallout.In Iran, the situation remains volatile. The Israeli military has conducted a wide-scale wave of strikes targeting infrastructure across Tehran, resulting in powerful explosions reported in the central, southern, and eastern parts of the capital. Verified footage shows massive columns of fire and smoke rising over Karaj following an air attack. The Iranian Revolutionary Guard Corps (IRGC) has retaliated by threatening attacks on power plants in Israel and those supplying electricity to US bases, while also targeting a turbine engine production site in Qom used for drone components.The conflict has also spilled over into Gulf Cooperation Council (GCC) nations. Saudi Arabia’s Ministry of Defence confirmed that two ballistic missiles were launched toward Riyadh, with one intercepted and the other falling in an uninhabited area. The UAE reported debris injuries in the al-Shawamekh area, while Bahrain confirmed attacks on the US Fifth Fleet. In Qatar, seven people were killed in a helicopter crash, and Kuwait has formally protested airspace violations to the International Civil Aviation Organization.The human toll continues to rise. In Israel, alerts were triggered across Jerusalem and central Israel following explosions, with the casualty toll from attacks on Dimona and Arad climbing to at least 180 injured. In Lebanon, authorities report that at least 1,029 people have been killed since March 2, with over 100 of the victims being children. In Iraq, at least 60 people have been killed, primarily among pro-Iran Popular Mobilisation Forces.
#iran #killed #war
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Technology Mar 23, 2026

UK MPs Urge Government to Halt Palantir's Access to Sensitive FCA Data

UK MPs have urged the government to halt a contract with Palantir, a US spy-tech company, that gran…
UK MPs have called on the government to halt a contract with Palantir, a US-based spy-tech company, after it was revealed that the firm will gain access to a vast trove of highly sensitive UK financial regulation data. The Financial Conduct Authority (FCA), the watchdog overseeing thousands of financial bodies, has hired Palantir to apply its AI systems to two years' worth of internal intelligence data to help tackle financial crime. However, the Liberal Democrats and Green party have raised concerns over Palantir's ties to Donald Trump and the potential risks to national and economic security. The Liberal Democrats have called for a government investigation into the contract, citing concerns that it could be "a huge error of judgment". Palantir, founded by Peter Thiel, a billionaire supporter of Trump, has built up over £500m in contracts in the UK, including with the NHS, police, and Ministry of Defence. The company supports the US and Israeli militaries and the ICE immigration crackdown. Insiders at the FCA have questioned whether there are sufficient safeguards in place to prevent the data from being exploited. There are concerns about the potential for data about sensitive FCA investigations into high-profile figures to be accessed during Palantir's work. The FCA has insisted that Palantir will be a "data processor", not a "data controller", meaning it can only act on instruction from the regulator. The FCA will retain exclusive control over the encryption keys for the most sensitive files, and the data will be hosted and stored solely in the UK. Despite these assurances, MPs have expressed concerns over the risks associated with the contract. Daisy Cooper, the Liberal Democrats' Treasury spokesperson, called for an investigation into the FCA's Palantir contract, citing concerns over Palantir's ties to Trump. The Green party MP Siân Berry has called for the government to "step in immediately and protect our national and economic security by blocking this contract award". Palantir has denied claims that it may "use customer data for our own purposes", stating that this is "something that we have no business interest in, and that we are legally and contractually prevented from doing".
#palantir #data #fca
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Commentisfree Mar 23, 2026

Hate Crimes Escalate: Ambulances Torched in London and Violence Spreads in the West Bank

The article discusses the rise of hate crimes against Jewish communities in London and Palestinian …
The recent arson attack on Jewish ambulances in London's Golders Green and the escalating violence against Palestinian communities in the West Bank are stark reminders of the dangers of unchecked hatred and intolerance. In Golders Green, a center of Jewish life in London, masked attackers set fire to four ambulances belonging to Hatzola, a volunteer emergency service. This antisemitic hate crime has left the community shaken and highlights the growing concern about safety and security. Meanwhile, in the West Bank, Israeli settlers have been attacking Palestinian villages, torching homes and cars, and forcing families to flee. This cycle of violence is not only devastating for those directly affected but also has far-reaching consequences for the entire region. The author, David Davidi-Brown, argues that these incidents are interconnected by a growing lack of empathy and understanding between communities. He emphasizes that silence in the face of injustice is complicity and that it is essential to challenge hate and violence wherever it occurs. The article also highlights the importance of solidarity and cooperation in the face of adversity. The author cites the example of the Vivian Silver awards, which honor individuals who refuse to give in to hatred and division. The awards were established in memory of Vivian Silver, a lifelong peace activist murdered by Hamas on October 7. Ultimately, the article concludes that we have a choice about how we respond to these incidents. We can choose to let hatred and fear consume us or refuse to let them shape our actions. By refusing to give in to hatred and instead choosing empathy and understanding, we can work towards a more just and peaceful future.
#not #but #london
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