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World Economy Mar 28, 2026

US House Republicans Reject Senate Bill to Fund Airport Workers Amid Shutdown

House Republicans have rejected a Senate-passed bill that would have resumed funding for federal ag…
House Republicans have shot down a bill passed by the Senate that would have resumed funding for federal agencies tasked with airport screenings, exacerbating a standoff that has resulted in chaos at airports as workers go without pay.In the early hours of Friday morning, the Senate unanimously passed a bill that would finance most agencies under the Department of Homeland Security (DHS), including the Transportation Security Administration (TSA), the US Coast Guard, and the Federal Emergency Management Agency (FEMA).However, Republican House Speaker Mike Johnson confirmed he would not bring the Senate-passed bill to the floor for a vote, slamming it as a “joke”. Johnson suggested that the House could advance its own bill fully funding all DHS agencies for two months.President Donald Trump signed an executive memo directing DHS to work with the White House budget director to find a way to pay TSA employees, who have gone without pay since the partial government shutdown began in mid-February.“America’s air travel system has reached its breaking point. This is an unprecedented emergency situation,” Trump wrote in the memo, blaming the impasse on Democrats.Democratic lawmakers have slammed Republicans for rejecting bills that would ensure that TSA employees are paid while continuing to withhold additional funds from immigration enforcement.
#immigration #bill #house
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Politics Mar 28, 2026

Pakistan’s Quiet Power Play: From the 1971 US‑China Backchannel to 2026 Iran Ceasefire Mediation

Pakistan has once again positioned itself as a crucial backchannel, relaying a U.S. 15‑point cease‑…
Islamabad has re‑emerged as a pivotal conduit between Washington and Tehran, delivering a U.S. 15‑point cease‑fire proposal on March 25, 2026, as the US‑Israeli campaign against Iran enters its second month. Foreign Minister Ishaq Dar confirmed that Pakistan is transmitting the proposal, with Turkey and Egypt offering additional diplomatic backing. Chief US negotiator Steve Witkoff later verified Pakistan’s role as a messenger, and President Donald Trump announced a 10‑day pause on planned strikes against Iranian power plants, citing a request from Tehran. Iran has denied direct talks, yet the pause marks the second deferment of Trump’s original threat, underscoring Pakistan’s function as a key diplomatic facilitator in a high‑stakes conflict. The pattern is not new. In August 1969, President Nixon tasked Pakistan’s military ruler Yahya Khan with opening a channel to Beijing. Two years later, a secret flight carried U.S. Secretary of State Henry Kissinger from Islamabad to China, paving the way for Nixon’s historic 1972 visit and the eventual U.S. recognition of the People’s Republic of China. Analysts note that Pakistan’s unique position—maintaining working ties with both Washington and Beijing—made it the only trusted intermediary capable of handling such a sensitive mission, a view echoed by former ambassador Masood Khan. Beyond the Cold‑War episode, Pakistan has repeatedly leveraged its geography and Muslim‑world connections. It served as the primary conduit for U.S., Saudi and Chinese support to the Afghan mujahideen in the 1980s, helped broker the 1988 Geneva Accords that ended the Soviet occupation, and hosted the 2015 Murree talks between the Taliban and the Afghan government. During the 2020 Doha Agreement, Pakistani pressure on the Taliban was cited by U.S. envoy Zalmay Khalilzad as instrumental, though the rapid U.S. withdrawal and subsequent Taliban takeover left Pakistan’s long‑term interests ambiguous. Efforts to mediate Saudi‑Iran tensions have been less fruitful. In 2016, Prime Minister Nawaz Sharif’s shuttle diplomacy failed to produce a formal agreement, and a 2019 outreach by Prime Minister Imran Khan, prompted by President Trump, yielded no concrete outcome. When China facilitated the 2023 Saudi‑Iran rapprochement, Pakistan’s foreign office claimed it had laid the groundwork, but analysts still view the result as a Chinese‑led success. Pakistan’s brief 2005 overture to Israel, led by Foreign Minister Khurshid Mahmud Kasuri, similarly collapsed under domestic opposition, illustrating the limits of its diplomatic reach when internal politics intervene. Since the launch of Operation Epic Fury—the US‑Israeli air campaign that began in late February 2026 and resulted in the death of Supreme Leader Ali Khamenei—Pakistan’s leadership has intensified back‑channel activity. Prime Minister Shehbaz Sharif has held multiple calls with Iranian President Masoud Pezeshkian, while Army Chief Field Marshal Asim Munir spoke directly with President Trump. Both officials have also visited Saudi Arabia, where Pakistan signed a mutual defence pact in September 2025. Former ambassador Naghmana Hashmi observes that Pakistan’s diplomatic narrative is often eclipsed by conflict, yet a “quieter, more consistent thread” persists: the state’s effort to turn its strategic location and Muslim‑world ties into a lever for peace. Whether the current cease‑fire talks will yield a durable settlement remains uncertain. What is clear, however, is that Pakistan enjoys a rare blend of trust from Washington, Tehran and Gulf capitals—a leverage few regional actors possess.
#Pakistan #United States #Iran
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Technology Mar 28, 2026

Iran-Linked Hackers Breach FBI Director Kash Patel's Personal Emails

Iran-linked hackers, known as the Handala Hack Team, have successfully breached the personal emails…
Iran-linked hackers have claimed responsibility for breaching the personal emails of Kash Patel, the director of the Federal Bureau of Investigation (FBI). The hackers, known as the Handala Hack Team, shared photographs and documents from Patel's emails online.The breach, confirmed by Reuters and CNN, appears to have released documents over a decade old, including Patel's travel and business correspondence and personal photos. The hacking group describes itself as pro-Palestinian hacking vigilantes and claimed the attack was in retaliation for a US-Israeli strike on a children's school in Minab, Iran, which killed over 170 people, mostly schoolgirls.Patel's leadership of the FBI has been marked by controversy, with critics accusing him of misusing the federal law enforcement agency for personal travel and to carry out President Donald Trump's priorities. The FBI and Department of Justice have yet to comment on the incident.The Handala Hack Team also claimed credit for a recent cyberattack on the medical device company Stryker. Iran has threatened to step up attacks on Western economic interests as a form of pressure amid the US-Israel war against the country.
#iran #fbi #cyberattack
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World Economy Mar 28, 2026

Investors Bet on Trump's Iran Policy Reversals: The TACO Trade

The ongoing conflict between the US, Israel, and Iran has led to a phenomenon known as the TACO tra…
The conflict between the US, Israel, and Iran has entered its fourth week, with the Strait of Hormuz remaining effectively closed. This has led to a broadening of the global energy crisis, with the economic outlook darkening across Asia, Europe, and beyond.Japan has responded by releasing 80 million barrels of oil from its national reserves, enough to last for 45 days. The country's reliance on Middle Eastern crude oil imports stands at 90 percent.The Organisation for Economic Co-operation and Development (OECD) has warned that the conflict will have a significant impact on the UK economy, predicting inflation of 4 percent this year. UK Foreign Secretary Yvette Cooper has stated that Iran cannot be allowed to hold the global economy hostage.The uncertainty surrounding Trump's policy on Iran has led to the emergence of the TACO trade, an acronym that stands for Trump Always Chickens Out. This phenomenon refers to investors betting that the US president will back down from his threats, resulting in profits for those who bought in.Observers note that Trump's inconsistent messaging has created an opportunity for investors to bet on his policy reversals. For example, Trump extended his deadline for Iran to reopen the Strait of Hormuz from 48 hours to five days, and later promised to hold off from attacks on Iran's energy facilities for an additional 10 days. This type of about-face has opened the door to investors willing to bet that the US president will back down.Lena Komileva, chief economist at consultancy firm (g+)economics, notes that global markets have been less inclined to rebound after Trump's Iran-related policy reversals compared to similar shifts in response to his tariff policies. This is due to the complexity of the conflict and the unique objectives of the parties involved.
#trump #iran #list
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Politics Mar 28, 2026

Search Underway for Missing Aid Boats Bound for Cuba

A humanitarian aid convoy from Mexico to Cuba has gone missing with two sailboats and nine people o…
Mexico's Navy and the United States Coast Guard are conducting a search for two missing sailboats that were part of a humanitarian convoy to Cuba. The vessels, which departed from Isla Mujeres in Mexico on March 20, were expected to arrive in Cuba on Tuesday or Wednesday of this week. Nine people were on board the two sailboats, which were organised by the Nuesta America Convoy. The convoy has accused the US government of 'strangling' Cuba by cutting off fuel, flights, and critical supplies for survival. Cuban President Miguel Diaz-Canel expressed anxiety about the fate of the boats, stating that Cuba is doing everything possible to search for and rescue those on board. The US Coast Guard initially reported that the boats had been located, but later retracted the statement. Search efforts are currently being led by Cuba and Mexico, but the US Coast Guard has stated that it is prepared to provide support if requested. The convoy comes in response to worsening humanitarian conditions in Cuba, which has largely been cut off from foreign oil supplies since January. The US has imposed an oil blockade on Cuba, which has led to a humanitarian crisis on the island. The blockade was tightened by the Trump administration, which has signalled its desire for regime change in Cuba. Mexico and other countries have increased their humanitarian aid to Cuba amid the crisis, with Mexican President Claudia Sheinbaum sending ships laden with supplies. The Nuestra America Convoy initially sent several ships to Cuba last Friday, with one arriving safely in Havana on Tuesday with 14 tonnes of food and medicine.
#Mexico #Cuba #US Coast Guard
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Tv And Radio Mar 28, 2026

Stephen Colbert to Write New Lord of the Rings Film, Completing a Full‑Circle Journey from Tolkien Fan to Screenwriter

Stephen Colbert, known for his political satire and late‑night hosting, is set to co‑write a new Lo…
Stephen Colbert is stepping behind the camera to co‑author the screenplay for a forthcoming Lord of the Rings film, teaming up with franchise veteran Peter Jackson. The announcement arrives as CBS prepares to conclude Colbert’s run on The Late Show in May 2026.Born in Washington, D.C., and raised in a large Catholic family, Colbert faced a tragic plane crash in 1974 that claimed his father and two brothers. The loss drove a ten‑year‑old Colbert into the worlds of fantasy literature and tabletop role‑playing games, especially J.R.R. Tolkien’s novels and Dungeons & Dragons. He later reflected that these early escapades sharpened his improvisational instincts—a skill that would become central to his comedy career.After studying drama at Northwestern, Colbert honed his craft at Chicago’s Second City, where he met future collaborators Steve Carell, Amy Sedaris and Paul Dinello. Their partnership produced cult projects such as Exit 57 and Strangers with Candy, laying the groundwork for Colbert’s breakthrough on Comedy Central’s The Daily Show in 1997.On The Daily Show and later The Colbert Report, he created the satirical pundit persona “Stephen Colbert,” a parody of right‑wing commentators that introduced the now‑iconic concept of “truthiness.” While the character was deliberately absurd, Colbert often slipped personal touches—his Catholic upbringing and Tolkien enthusiasm—into the act, even securing a cameo from Viggo Mortensen in 2007.When he succeeded David Letterman on The Late Show in 2015, Colbert abandoned the on‑air alter‑ego and presented himself as a more authentic host. His tenure coincided with the 2016 U.S. presidential election, prompting a shift toward sharper political commentary. Despite a decline in overall late‑night ratings, Colbert’s show regularly outperformed rivals Jimmy Fallon and Jimmy Kimmel, becoming the most‑watched network late‑night program in the United States.The decision by CBS to end The Late Show has been framed as a strategic retreat from the costly late‑night market, not a punitive move against Colbert’s outspoken criticism of former President Trump. Nonetheless, the cancellation has sparked speculation about the network’s motives amid broader industry consolidation.In a recent interview, Colbert described late‑night television as a “third space” for Americans—a communal venue that bridges home and work. He emphasized that his goal has always been to foster connection, whether through humor or more serious conversations, such as a 2021 interview with Andrew Garfield about personal grief.Looking ahead, Colbert insists he is not retiring from entertainment. Writing a new Lord of the Rings movie feels like a full‑circle moment, returning him to the literature and role‑playing that helped him survive childhood trauma. The project promises to blend his deep‑seated fandom with his seasoned storytelling abilities, potentially ushering in a fresh creative phase beyond the talk‑show circuit.
#colbert #his #show
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Politics Mar 28, 2026

US Military Efforts Only Destroyed a Third of Iran's Missile Arsenal

The US has only managed to destroy about a third of Iran's missile and drone arsenal after a month …
The ongoing conflict between the US and Iran has yielded limited results in terms of destroying Iran's ballistic missile capabilities. According to a report by Reuters, based on information from five people familiar with US intelligence, the US has only destroyed about a third of Iran's missile and drone arsenal after a month of military action. The report suggests that another third of Tehran's missiles may have been damaged or buried in underground tunnels and bunkers, leaving a sizeable stockpile still accessible to Iran. This assessment directly contradicts statements made by Donald Trump on Thursday that Tehran had "very few rockets left" and claims from other US officials that the war has eliminated Iran's ballistic missile capabilities. Iranian officials view their ballistic missile program as a crucial deterrent against the US and Israel, given the significant military superiority of these countries. Iran has effectively used ballistic missiles and drones over the last month to attack Israel and critical infrastructure in the Gulf, causing substantial damage to the global economy. The US and Israel have identified degrading Iran's ballistic missile capacity as a primary objective of the war. Washington has deployed thousands of additional troops to the Middle East in recent days, with the administration reportedly considering a ground operation on Kharg island to reopen the Strait of Hormuz. Israel has targeted ballistic missile caches and launchers in its aerial campaign against Iran, claiming to have "neutralized" 335 or 70% of Tehran's missile launchers. However, Iran has dispersed its launchers across the country to evade detection and airstrikes, making it challenging for Israel and the US to completely eliminate the threat. Despite the decline in the number of launches due to the ongoing bombing campaign, Iranian missiles have still managed to hit Israel and the Gulf, as interceptors also run out. The conflict has resulted in billions of dollars spent and critical interceptor stocks expended by Israel, the US, and Gulf states to block Iranian missile barrages. A US official noted that assessing Iran's missile stockpile accurately is difficult due to much of it being stored underground, suggesting that "I don't know if we'll ever have an accurate number". The vast tunnel network created an extra challenge in destroying Iran's missile stockpile, but the US military has vowed to continue its efforts.
#US Military #Iran #ballistic missiles
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World Mar 28, 2026

Houthi Forces Escalate Iran Conflict with Missile Strikes on Israeli Sites

The conflict between Iran and Israel has escalated with the entry of Houthi forces from Yemen, who …
The conflict between Iran and Israel has taken a dangerous turn with the entry of Houthi forces from Yemen, who have launched a salvo of ballistic missiles at sensitive Israeli military sites. The Houthis, close allies of Iran, have vowed to continue their military operations until the 'aggression' comes to an end on all fronts.In response, Israel has reported intercepting one missile originating from Yemen. The escalation has raised concerns about the potential for a wider regional conflict, with Pakistan attempting to host a meeting of Middle Eastern powers to find a regional approach to ending the conflict.The entry of the Houthis poses a direct threat to the Bab al-Mandab strait at the southern end of the Red Sea, a critical choke point for energy supplies and trade. A shutdown of this strait, combined with Iran's near-total closure of the Strait of Hormuz, would have a devastating impact on the global economy.The conflict has also seen an escalation in the array of weapons being used, with reports of the US dropping cluster munitions and Iran using ballistic missiles carrying cluster warheads. Experts have cited concerns about the indiscriminate nature of these weapons, which have been banned by over 100 countries.The situation remains volatile, with US President Donald Trump suggesting that he had hoped for Saudi Arabia to join other Arab countries in normalizing relations with Israel in return for the attack on Iran. However, the survival of the Islamic Republic's regime after a month of bombing has left Trump with the choice of either extricating the US from the costly war or intensifying the campaign.
#iran #israel #houthi
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Politics Mar 28, 2026

US Treasury Demands Retraction of Financial Times Article on Federal Reserve Oversight

The US Treasury Department has demanded that the Financial Times retract a report on Treasury Secre…
The US Treasury Department has taken a strong stance against the Financial Times (FT), formally requesting a retraction of a report that suggested Treasury Secretary Scott Bessent had discussed increasing oversight of the Federal Reserve in a manner similar to the Bank of England's model. In a detailed email to senior editors at the FT and its parent company, Nikkei Inc., Treasury officials disputed multiple claims in the story, criticizing the headline as misrepresenting the underlying reporting. The FT had reported on March 26 that Bessent had discussed adopting practices similar to the Bank of England, including regular communication between the Fed governor and the US Treasury Secretary over inflation targets. Treasury officials denied that Bessent had endorsed such views or discussed adopting similar practices in Washington. They also took issue with the headline, which stated that Bessent had 'praised' the Bank of England model for tighter oversight, a claim that did not appear in the text of the story. “The Secretary has never made any of the above statements in public or private,” Elliott Hulse, the acting assistant secretary for public affairs, wrote in the email. “At no time has the secretary ‘discussed tightening the US Treasury’s oversight of the Federal Reserve by adopting elements of the Bank of England’s model in a step that would shake up the central bank’s relationship with government.’” The FT responded by stating they were confident in the accuracy of their story, including US Treasury responses in the article. This incident highlights the sensitivity surrounding the Federal Reserve's political independence, especially following Donald Trump's repeated threats to fire Fed Chair Jerome Powell for not reducing borrowing costs as requested. Investors prioritize the Fed's independence in making policy decisions, as political pressure could lead to rapid inflation and subsequent sharp rate increases. The Treasury's actions mark an effort to discredit the FT report, with Bessent himself denying the claims on social media.
#US Treasury #Financial Times #Scott Bessent
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