Trump administration blames Iran for oil tanker attacks in Middle East

Fire and smoke billow from the Norwegian owned Front Altair tanker, which was said to have been attacked in the Gulf of Oman. “No economic sanctions entitle the Islamic Republic to attack innocent civilians, disrupt global oil markets and engage in nuclear blackmail.” “The international community condemns Iran’s assault on the freedom of navigation and the targeting of innocent civilians,” he said, adding that the U.S. will defend its forces, interests and partners. Oil prices rose as much as 4%


Fire and smoke billow from the Norwegian owned Front Altair tanker, which was said to have been attacked in the Gulf of Oman. “No economic sanctions entitle the Islamic Republic to attack innocent civilians, disrupt global oil markets and engage in nuclear blackmail.” “The international community condemns Iran’s assault on the freedom of navigation and the targeting of innocent civilians,” he said, adding that the U.S. will defend its forces, interests and partners. Oil prices rose as much as 4%
Trump administration blames Iran for oil tanker attacks in Middle East Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-13  Authors: amanda macias
Keywords: news, cnbc, companies, middle, iran, innocent, east, gulf, oil, worlds, tanker, pompeo, attacks, wants, civilians, trump, administration, tehran, blames


Trump administration blames Iran for oil tanker attacks in Middle East

Fire and smoke billow from the Norwegian owned Front Altair tanker, which was said to have been attacked in the Gulf of Oman.

WASHINGTON – Secretary of State Mike Pompeo on Thursday blamed Iran for attacks earlier in the day on oil tankers in the Gulf of Oman near Iran and the Strait of Hormuz, a vital shipping route through which much of the world’s oil passes.

“Iran is lashing out because the regime wants our successful maximum pressure campaign lifted,” Pompeo said without citing specific evidence as to why Tehran was responsible. “No economic sanctions entitle the Islamic Republic to attack innocent civilians, disrupt global oil markets and engage in nuclear blackmail.”

“The international community condemns Iran’s assault on the freedom of navigation and the targeting of innocent civilians,” he said, adding that the U.S. will defend its forces, interests and partners.

Oil prices rose as much as 4% on Thursday on renewed fears of conflict in the Middle East after a series of strikes last month. Crude futures briefly jumped back above 3% after Pompeo accused Tehran of being involved in the latest attacks.


Company: cnbc, Activity: cnbc, Date: 2019-06-13  Authors: amanda macias
Keywords: news, cnbc, companies, middle, iran, innocent, east, gulf, oil, worlds, tanker, pompeo, attacks, wants, civilians, trump, administration, tehran, blames


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Oil dips 11 cents, settling at $62.99, as US-China trade war offsets Middle East tension

Oil futures were little changed on Tuesday, supported by U.S.-Iran tensions and expectations of ongoing OPEC supply cuts but under pressure from concerns about a drawn-out trade war between Washington and Beijing. “The two powerful countervailing forces in the market right now are the Iran tensions versus the deteriorating U.S.-China trade war situation,” said John Kilduff, a partner at Again Capital in New York. The trade war “really hits the Asian economies and the demand outlook, and this sit


Oil futures were little changed on Tuesday, supported by U.S.-Iran tensions and expectations of ongoing OPEC supply cuts but under pressure from concerns about a drawn-out trade war between Washington and Beijing. “The two powerful countervailing forces in the market right now are the Iran tensions versus the deteriorating U.S.-China trade war situation,” said John Kilduff, a partner at Again Capital in New York. The trade war “really hits the Asian economies and the demand outlook, and this sit
Oil dips 11 cents, settling at $62.99, as US-China trade war offsets Middle East tension Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-21
Keywords: news, cnbc, companies, washington, settling, prices, iran, oil, uschina, trade, dips, futures, tension, crude, east, offsets, opec, middle, market, war


Oil dips 11 cents, settling at $62.99, as US-China trade war offsets Middle East tension

A truck used to carry sand for fracking is washed in a truck stop in Odessa, Texas.

Oil futures were little changed on Tuesday, supported by U.S.-Iran tensions and expectations of ongoing OPEC supply cuts but under pressure from concerns about a drawn-out trade war between Washington and Beijing.

“The two powerful countervailing forces in the market right now are the Iran tensions versus the deteriorating U.S.-China trade war situation,” said John Kilduff, a partner at Again Capital in New York.

The trade war “really hits the Asian economies and the demand outlook, and this situation with Iran has the market on tenterhooks at the same time,” Kilduff said.

Brent crude futures, the international benchmark for oil prices, rose 6 cents to $72.03 per barrel around 2:35 p.m. ET (1835 GMT). U.S. West Texas Intermediate crude futures settled 11 cents lower at $62.99 per barrel.

The prolonged tariff fight between the United States and China raised concerns about a global economic slowdown and dampened market sentiment.

Signs that Asian economies were already getting hit by the trade conflict helped to boost the U.S. dollar, making crude more expensive.

On Monday, U.S. President Donald Trump threatened Iran with “great force” if it attacked U.S. interests in the Middle East. Washington suspects that militia with ties to Iran organized a rocket attack in Iraq’s capital Baghdad.

On Tuesday, Iran said it would resist U.S. pressure, declining further talks under current circumstances.

Iraq’s oil minister said growing tension in the Middle East poses a challenge to the stability of global crude oil markets and said OPEC must pave the way for a “new agreement” to help stability and support prices. He did not elaborate.

Tensions have mounted during an already tight market as the OPEC, Russia and other producers have with held supply to support prices. Saudi Arabia has signaled its willingness to continue curbing output until the end of the year.


Company: cnbc, Activity: cnbc, Date: 2019-05-21
Keywords: news, cnbc, companies, washington, settling, prices, iran, oil, uschina, trade, dips, futures, tension, crude, east, offsets, opec, middle, market, war


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Jared Kushner says his Middle East peace plan will be a ‘good starting point’

White House senior advisor Jared Kushner said on Thursday the Middle East peace proposal he is working on would be a “good starting point” to address the Israeli-Palestinian conflict. Kushner, who is married to U.S. President Donald Trump’s daughter Ivanka, has been working on the peace plan for some two years and is expected to unveil his proposals in June after the Muslim fasting month of Ramadan. Kushner, who has been developing the plan with Middle East envoy Jason Greenblatt, has said the p


White House senior advisor Jared Kushner said on Thursday the Middle East peace proposal he is working on would be a “good starting point” to address the Israeli-Palestinian conflict. Kushner, who is married to U.S. President Donald Trump’s daughter Ivanka, has been working on the peace plan for some two years and is expected to unveil his proposals in June after the Muslim fasting month of Ramadan. Kushner, who has been developing the plan with Middle East envoy Jason Greenblatt, has said the p
Jared Kushner says his Middle East peace plan will be a ‘good starting point’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-03
Keywords: news, cnbc, companies, point, kushner, solution, good, peace, starting, east, palestinians, sides, plan, senior, think, israeli, proposal, jared, middle


Jared Kushner says his Middle East peace plan will be a 'good starting point'

U.S. Ambassador to Israel David Friedman sits next to White House Senior Advisor Jared Kushner as he speaks during the dedication ceremony of the new U.S. embassy in Jerusalem, May 14, 2018.

White House senior advisor Jared Kushner said on Thursday the Middle East peace proposal he is working on would be a “good starting point” to address the Israeli-Palestinian conflict.

Kushner, who is married to U.S. President Donald Trump’s daughter Ivanka, has been working on the peace plan for some two years and is expected to unveil his proposals in June after the Muslim fasting month of Ramadan.

“What we will be able to put together is a solution that we believe is a good starting point for the political issues and then an outline for what can be done to help these people start living a better life,” Kushner told the Washington Institute for Near East Policy.

“I was given the assignment of trying to find a solution between the two sides and I think what we’ll put forward is a framework that I think is realistic … it’s executable and it’s something that I do think will lead to both sides being much better off,” Kushner said.

The proposal, which has been delayed for a variety of reasons over the past 18 months, has two major components. It has a political piece that addresses core issues such as the status of Jerusalem, and an economic part that aims to help the Palestinians strengthen their economy.

Kushner, who has been developing the plan with Middle East envoy Jason Greenblatt, has said the proposal is not an effort to impose U.S. will on the region. He has not said whether it calls for a two-state solution, a goal of past peace efforts.

Palestinians have voiced skepticism about the effort led by Trump’s son-in-law, who was a real estate developer before joining his father-in-law as a senior White House advisor.

Arab officials and analysts believe the plan is likely to be decidedly pro-Israel since the Trump administration has taken a tough line toward Palestinians, cutting off aid and ordering the PLO’s office in Washington shut.

Greenblatt has said U.S. negotiators expect Israelis and Palestinians will both be critical of some parts of the plan.

Asked about Israeli Prime Minister Benjamin Netanyahu’s vow to annex Israeli settlements in the West Bank, Kushner said once a new Israeli government has settled in, “we’ll have discussion.” Netanyahu was tasked with forming a new government after his success in the April 9 elections.

“I hope both sides will take a real look at it, the Israeli side and the Palestinian side, before any unilateral steps are made,” Kushner said, adding he had not discussed the issue of settlement annexation with Netanyahu.


Company: cnbc, Activity: cnbc, Date: 2019-05-03
Keywords: news, cnbc, companies, point, kushner, solution, good, peace, starting, east, palestinians, sides, plan, senior, think, israeli, proposal, jared, middle


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Cyclone slams Indian temple town after a million people flee east coast homes

Tourists wait for their vehicle and to be evacuated from Puri in the eastern Indian state of Odisha on May 3, 2019, as cyclone Fani approaches the Indian coastline. Cyclone tracker Tropical Storm Risk put Fani as a powerful category four storm on a scale of one to five. A major hospital in the city suffered extensive structural damage but all patients and staff were safe, authorities said. In neighboring Bangladesh to the north, authorities have begun moving 500,000 people from seven coastal dis


Tourists wait for their vehicle and to be evacuated from Puri in the eastern Indian state of Odisha on May 3, 2019, as cyclone Fani approaches the Indian coastline. Cyclone tracker Tropical Storm Risk put Fani as a powerful category four storm on a scale of one to five. A major hospital in the city suffered extensive structural damage but all patients and staff were safe, authorities said. In neighboring Bangladesh to the north, authorities have begun moving 500,000 people from seven coastal dis
Cyclone slams Indian temple town after a million people flee east coast homes Cached Page below :
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Cyclone slams Indian temple town after a million people flee east coast homes

Tourists wait for their vehicle and to be evacuated from Puri in the eastern Indian state of Odisha on May 3, 2019, as cyclone Fani approaches the Indian coastline.

A cyclone barreled into eastern India on Friday, bringing down trees and power lines and “extensively” damaging the tourist town of Puri, but there were no early reports of casualties with a million people evacuated before it made landfall.

Tropical Cyclone Fani, the strongest to hit India in five years, spent days building up power in the northern reaches of the Bay of Bengal before it struck the coast of the state of Odisha at around 8 a.m., the state-run India Meteorological Department (IMD) said.

Howling winds gusting up to 200 kph (124 mph) whipsawed trees, uprooting scores, and driving rain impacted visibility, while streets were deserted in the state capital Bhubaneswar and Puri.

“Damage in Puri is extensive, power supply, telephone lines disrupted,” Odisha’s Special Relief Commissioner Bishnupada Sethi told Reuters, referring to the seaside Hindu temple town that is popular with pilgrims and was directly in the storm’s path.

“No casualty has been reported so far,” he said.

Cyclone tracker Tropical Storm Risk put Fani as a powerful category four storm on a scale of one to five. The IMD said the storm was now weakening.

Close to 60 km (37 miles) inland, winds brought down electricity poles in Bhubaneswar, where authorities had ordered the airport to stay closed. Schools and colleges in Odisha were also shut. A major hospital in the city suffered extensive structural damage but all patients and staff were safe, authorities said.

“It was a massive cyclone, like many others our house is flooded. Boundary walls of houses around us have collapsed, trees have been uprooted. It is a panic situation,” Anuradha Mohanty, a Bhubaneswar resident, told Reuters.

People packed into shelters, spreading mats to wait out the storm, television and social media showed.

More than 600 pregnant women were shifted into safe locations, with nearly 500 ambulances on standby. Some 242 medical institutions had been provided with power back-up, government authorities said.

In neighboring Bangladesh to the north, authorities have begun moving 500,000 people from seven coastal districts, a government minister said.

The storm is due to hit Bangladesh late on Saturday and ahead of that, ports have been ordered shut, a government official said.

Odisha had evacuated more than a million people from the most vulnerable communities along the low-lying coast, Chief Minister Naveen Patnaik said on Twitter.

Hundreds of disaster management personnel were deployed in the state, and doctors and other medical staff were told to defer any leave until May 15.

Neighboring West Bengal also planned to shut down the airport at Kolkata, its state capital.


Company: cnbc, Activity: cnbc, Date: 2019-05-03
Keywords: news, cnbc, companies, indian, trees, flee, cyclone, temple, power, told, homes, authorities, odisha, shut, slams, town, east, state, million, storm, coast, puri


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Amazon launches new Middle East marketplace, and rebrands Souq, the company it bought for $580 million in 2017

Editor’s Note: Updates have been made throughout this story to correctly report that Amazon is not shutting down Souq. Amazon launched a new Middle East marketplace on Tuesday, two years after buying the Dubai-based e-commerce company Souq.com for $580 million. “We are proud to announce that we are now Amazon.ae,” Amazon wrote in a letter posted on the new Middle East marketplace. The launch of the new Middle East marketplace, which was first reported by CNBC in January, comes at a time of slowi


Editor’s Note: Updates have been made throughout this story to correctly report that Amazon is not shutting down Souq. Amazon launched a new Middle East marketplace on Tuesday, two years after buying the Dubai-based e-commerce company Souq.com for $580 million. “We are proud to announce that we are now Amazon.ae,” Amazon wrote in a letter posted on the new Middle East marketplace. The launch of the new Middle East marketplace, which was first reported by CNBC in January, comes at a time of slowi
Amazon launches new Middle East marketplace, and rebrands Souq, the company it bought for $580 million in 2017 Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-30  Authors: eugene kim
Keywords: news, cnbc, companies, rebrands, million, launches, marketplace, souq, east, saudi, amazons, sales, company, bought, amazon, service, souqcom, amazonae, middle


Amazon launches new Middle East marketplace, and rebrands Souq, the company it bought for $580 million in 2017

Editor’s Note: Updates have been made throughout this story to correctly report that Amazon is not shutting down Souq. Rather, the brand is still available in Saudi Arabia and Egypt.

Amazon launched a new Middle East marketplace on Tuesday, two years after buying the Dubai-based e-commerce company Souq.com for $580 million.

With the launch, Amazon said Souq.com will be rebranded to Amazon.ae. The Souq.com URL now automatically takes you to Amazon.ae. But Souq remains available in Saudi Arabia and Egypt.

“We are proud to announce that we are now Amazon.ae,” Amazon wrote in a letter posted on the new Middle East marketplace.

The launch of the new Middle East marketplace, which was first reported by CNBC in January, comes at a time of slowing international sales for Amazon. In its most recent quarter, Amazon’s international sales only grew 9% from a year ago to $16.2 billion.

The change gives Amazon’s Middle East service a more unified look and brand in the region. Until now, Amazon’s only presence in the region was through Souq, which it acquired in 2017. It also comes with the same seller back-end system used in the U.S., and access to Fulfillment by Amazon (FBA), the company’s storage and shipping service, according to multiple sellers.


Company: cnbc, Activity: cnbc, Date: 2019-04-30  Authors: eugene kim
Keywords: news, cnbc, companies, rebrands, million, launches, marketplace, souq, east, saudi, amazons, sales, company, bought, amazon, service, souqcom, amazonae, middle


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BlackRock’s Larry Fink says Middle East must avoid other regional investing mistakes

BlackRock CEO: We will play a role in working with domestic investors in Middle East 39 Mins Ago | 03:29The Middle East must tread carefully to ensure it does not make the same investment mistakes as Europe, according to the CEO of the world’s largest asset manager. “The region should not make the mistakes that so many other regions (have made), like in Europe, where there is such shallow participation by locals in investing in their own capital markets,” he added. International investors flocke


BlackRock CEO: We will play a role in working with domestic investors in Middle East 39 Mins Ago | 03:29The Middle East must tread carefully to ensure it does not make the same investment mistakes as Europe, according to the CEO of the world’s largest asset manager. “The region should not make the mistakes that so many other regions (have made), like in Europe, where there is such shallow participation by locals in investing in their own capital markets,” he added. International investors flocke
BlackRock’s Larry Fink says Middle East must avoid other regional investing mistakes Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-24  Authors: sam meredith
Keywords: news, cnbc, companies, worlds, blackrock, east, investing, domestic, fink, avoid, blackrocks, saudi, mistakes, middle, region, working, investors, larry, regional


BlackRock's Larry Fink says Middle East must avoid other regional investing mistakes

BlackRock CEO: We will play a role in working with domestic investors in Middle East 39 Mins Ago | 03:29

The Middle East must tread carefully to ensure it does not make the same investment mistakes as Europe, according to the CEO of the world’s largest asset manager.

“The only way to get more financial inclusion in this region and every region is to have greater participation in the capital market through equities in their retirement plans,” BlackRock Chief Executive Larry Fink told CNBC’s Hadley Gamble during a panel session in Riyadh, Saudi Arabia on Wednesday.

“The region should not make the mistakes that so many other regions (have made), like in Europe, where there is such shallow participation by locals in investing in their own capital markets,” he added.

His comments come at a time when some of the world’s leading financiers are returning to Saudi Arabia after the oil-rich kingdom held some of the year’s largest merger and bond deals.

International investors flocked to lend money to Saudi Arabia’s hugely profitable state-owned oil company earlier this month.

Demand for Saudi Aramco’s bonds surged above $100 billion, according to a source familiar with the situation, more than 10 times the $10 billion that had been expected.

Nonetheless, BlackRock’s Fink said it would be “essential” for Middle East governments to drum up support from domestic investors too.

“I think that’s going to be one of the critical characteristics to build and BlackRock will play a big role in both working with the domestic savers and building their retirement, plus bringing in international investing to invest side by side,” Fink said.


Company: cnbc, Activity: cnbc, Date: 2019-04-24  Authors: sam meredith
Keywords: news, cnbc, companies, worlds, blackrock, east, investing, domestic, fink, avoid, blackrocks, saudi, mistakes, middle, region, working, investors, larry, regional


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Bad press about the Middle East won’t stop me investing there, BlackRock’s Fink says

“The fact that there are issues in the press does not tell me I must run away from a place. Fink said he felt the power of the press was playing a good role in addressing issues in the Middle East and he was witnessing continued reform. And that is why long-term optimism is generally the right strategy for most investing over a long horizon,” Fink said. Nonetheless, BlackRock’s Fink said changes he had witnessed in the kingdom over the past few years had been “pretty amazing” and that a moderniz


“The fact that there are issues in the press does not tell me I must run away from a place. Fink said he felt the power of the press was playing a good role in addressing issues in the Middle East and he was witnessing continued reform. And that is why long-term optimism is generally the right strategy for most investing over a long horizon,” Fink said. Nonetheless, BlackRock’s Fink said changes he had witnessed in the kingdom over the past few years had been “pretty amazing” and that a moderniz
Bad press about the Middle East won’t stop me investing there, BlackRock’s Fink says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-24  Authors: david reid
Keywords: news, cnbc, companies, bad, east, investing, issues, fink, press, wont, inclusion, stop, blackrocks, region, run, middle, media, role


Bad press about the Middle East won't stop me investing there, BlackRock's Fink says

BlackRock CEO: We will play a role in working with domestic investors in Middle East 53 Mins Ago | 03:29

Negative media reports about the Middle East and the ruling authorities in the region are not a reason to end investment plans, according to the CEO of BlackRock.

“The fact that there are issues in the press does not tell me I must run away from a place. In many cases it tells me I should run to and invest because what we are most frightened of are things that we don’t talk about,” BlackRock Chief Executive Larry Fink told CNBC’s Hadley Gamble during a panel session in Riyadh, Saudi Arabia on Wednesday.

Fink said he felt the power of the press was playing a good role in addressing issues in the Middle East and he was witnessing continued reform.

“Most issues that are being addressed in the media are (being) mitigated. And that is why long-term optimism is generally the right strategy for most investing over a long horizon,” Fink said.

Saudi Arabia has come in for renewed criticism after it introduced an antiterrorism law in November 2017 that laid out lengthy prison terms for offenses linked to political and religious speech.

Authorities there have reportedly used the legislation to jail prominent women’s rights activists, journalists, and other government critics.

Nonetheless, BlackRock’s Fink said changes he had witnessed in the kingdom over the past few years had been “pretty amazing” and that a modernization across the wider Middle East was in place.

“I see governments willing to move forward. I see governments in the region focusing on how to widen financial inclusion and increase social inclusion,” he said.


Company: cnbc, Activity: cnbc, Date: 2019-04-24  Authors: david reid
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Trump Middle East peace plan is coming after Ramadan, Jared Kushner says

Senior White House advisor Jared Kushner said Tuesday that the Trump administration will put forward its long-awaited plan for peace in the Middle East after the end of the Muslim holy month of Ramadan in early June. Kushner, who is also the son-in-law of President Donald Trump, provided few details about the plan to reconcile the disputes between Israelis and Palestinians. But he assured that the proposal itself is “very detailed” and will hopefully represent a “comprehensive vision” for peace.


Senior White House advisor Jared Kushner said Tuesday that the Trump administration will put forward its long-awaited plan for peace in the Middle East after the end of the Muslim holy month of Ramadan in early June. Kushner, who is also the son-in-law of President Donald Trump, provided few details about the plan to reconcile the disputes between Israelis and Palestinians. But he assured that the proposal itself is “very detailed” and will hopefully represent a “comprehensive vision” for peace.
Trump Middle East peace plan is coming after Ramadan, Jared Kushner says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-23  Authors: kevin breuninger, don emmert, afp, getty images
Keywords: news, cnbc, companies, week, east, trump, middle, ramadan, immigration, kushner, coming, plan, peace, jared, end, netanyahu, white


Trump Middle East peace plan is coming after Ramadan, Jared Kushner says

Senior White House advisor Jared Kushner said Tuesday that the Trump administration will put forward its long-awaited plan for peace in the Middle East after the end of the Muslim holy month of Ramadan in early June.

Kushner, who is also the son-in-law of President Donald Trump, provided few details about the plan to reconcile the disputes between Israelis and Palestinians. But he assured that the proposal itself is “very detailed” and will hopefully represent a “comprehensive vision” for peace.

“We were getting ready at the end of last year” to unveil the plan, but that rollout was interrupted by the Israeli election, Kushner said during an interview at the TIME 100 Summit in New York on Tuesday.

“Prime Minister [Benjamin] Netanyahu had a great victory, and he’s in the middle of forming his coalition, and once that’s done we’ll probably be in the middle of Ramadan, so we’ll wait until after Ramadan and then we’ll put our plan out,” Kushner said.

Asked whether the plan would call for a two-state solution between Israel and Palestine, Kushner declined to say, but added that “we are going to lay that out very clearly” in the report.

“There will be tough compromises for both,” Kushner said.

The strong alliance forged between Trump and Netanyahu, who won a record fifth term in a close Israeli election earlier in April, has reportedly put a strain on the prospect of achieving a two-state compromise.

Less than a month before the conservative prime minister’s reelection, Trump announced that the U.S. recognized the Golan Heights as a sovereign part of Israel — a controversial move that drew criticism from many of America’s international allies.

In a video posted Tuesday, Netanyahu said that he wants a “new community” in the Golan Heights to be named after Trump.

Kushner also said he would be sending an immigration plan to Trump by next week.

The White House advisor, who has been tasked by Trump with leadership roles on a range of issues including sentencing reform and criminal justice reform, noted that he had not originally gone to Washington, D.C., to work on immigration reform.

Kushner said that “probably at the end of this week, next week, we’ll present it [to Trump] again and he’ll make some changes, likely, and then he’ll decide what he wants to do with it.”

The main prongs of the plan touch on securing the southern border and working toward a merit-based immigration system, Kushner said.

The president congratulated his son-in-law in a tweet shortly following the interview.

This is a developing story. Please check back for updates.


Company: cnbc, Activity: cnbc, Date: 2019-04-23  Authors: kevin breuninger, don emmert, afp, getty images
Keywords: news, cnbc, companies, week, east, trump, middle, ramadan, immigration, kushner, coming, plan, peace, jared, end, netanyahu, white


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‘Bomb cyclone’ pushes east across the US leaving blizzards, floods and tornadoes in its wake

Thirteen tornados were reported Thursday in Kentucky, Indiana and Michigan, said Bob Oravec, a meteorologist with the National Weather Center’s Weather Prediction Center in College Park, Maryland, but no immediate reports of serious damage. Meteorologists referred to the storm as a bomb cyclone, a winter hurricane that forms when the barometric pressure drops 24 millibars in 24 hours. There were no remaining blizzard warnings Friday, Oravec said. Flood warnings and watches remained in effect for


Thirteen tornados were reported Thursday in Kentucky, Indiana and Michigan, said Bob Oravec, a meteorologist with the National Weather Center’s Weather Prediction Center in College Park, Maryland, but no immediate reports of serious damage. Meteorologists referred to the storm as a bomb cyclone, a winter hurricane that forms when the barometric pressure drops 24 millibars in 24 hours. There were no remaining blizzard warnings Friday, Oravec said. Flood warnings and watches remained in effect for
‘Bomb cyclone’ pushes east across the US leaving blizzards, floods and tornadoes in its wake Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-15  Authors: david zalubowski
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'Bomb cyclone' pushes east across the US leaving blizzards, floods and tornadoes in its wake

Thirteen tornados were reported Thursday in Kentucky, Indiana and Michigan, said Bob Oravec, a meteorologist with the National Weather Center’s Weather Prediction Center in College Park, Maryland, but no immediate reports of serious damage.

Meteorologists referred to the storm as a bomb cyclone, a winter hurricane that forms when the barometric pressure drops 24 millibars in 24 hours.

At the height of the storm, two feet of snow was dumped in the mountain regions of Colorado, forcing the cancellation of more than 1,300 flights in Denver and leading to more than 1,000 motorists trapped on roadsides, with many having to be rescued by police using school buses to ferry them to safety.

There were no remaining blizzard warnings Friday, Oravec said.

“There’s still a good threat of thunderstorms in Louisiana, Mississippi and up into the Great Lakes region as the system pushes into Canada, but it’s not like it was,” he said.

Most power outages were cleared by early Friday, according to the tracking site PowerOutage.US and air traffic was returned to normal at Denver International Airport, a regional hub hardest hit by the storm.

Flood warnings and watches remained in effect for Nebraska, Iowa and Michigan, forecasters said.

WATCH: Jeremy Grantham says no company doing enough to fight climate change


Company: cnbc, Activity: cnbc, Date: 2019-03-15  Authors: david zalubowski
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Iran is turning its ‘people into paupers’ instead of providing food, Saudi prince says

Iran is funding militias throughout the Middle East while turning its own people into paupers, Saudi Arabian Prince Turki Al-Faisal told CNBC Tuesday. “I’ve described Iran in the past, and I think the description still fits, the leadership in Iran has developed into a paper tiger with steel claws,” he told CNBC Tuesday. Iran and Saudi Arabia are rival religious and political powers in the Middle East. Relations between the Sunni-majority Saudi Arabia and Shia-dominated Iran have hit rock-bottom


Iran is funding militias throughout the Middle East while turning its own people into paupers, Saudi Arabian Prince Turki Al-Faisal told CNBC Tuesday. “I’ve described Iran in the past, and I think the description still fits, the leadership in Iran has developed into a paper tiger with steel claws,” he told CNBC Tuesday. Iran and Saudi Arabia are rival religious and political powers in the Middle East. Relations between the Sunni-majority Saudi Arabia and Shia-dominated Iran have hit rock-bottom
Iran is turning its ‘people into paupers’ instead of providing food, Saudi prince says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-12  Authors: natasha turak, holly ellyatt, win mcnamee, getty images
Keywords: news, cnbc, companies, turning, iran, syria, providing, militant, east, yemen, told, food, middle, prince, steel, paupers, militias, saudi, instead


Iran is turning its 'people into paupers' instead of providing food, Saudi prince says

Iran is funding militias throughout the Middle East while turning its own people into paupers, Saudi Arabian Prince Turki Al-Faisal told CNBC Tuesday.

“I’ve described Iran in the past, and I think the description still fits, the leadership in Iran has developed into a paper tiger with steel claws,” he told CNBC Tuesday.

“The ‘steel claws’ are the militias that they have established throughout the Middle East, whether it’s Hezbollah (in Lebanon) or the Houthis (in Yemen) or the al-Abbas (a Shia militant group in Syria) or the various militias operating in Iraq and Syria whose main purpose is to further Iran’s influence and its domination of the areas in the Middle East,” he said, speaking to CNBC’s Hadley Gamble at the Milken Institute summit in Abu Dhabi.

Iran and Saudi Arabia are rival religious and political powers in the Middle East. Relations between the Sunni-majority Saudi Arabia and Shia-dominated Iran have hit rock-bottom in recent years with civil wars in Yemen, Syria and Iraq seen as proxy battlegrounds between the two countries. Iranian support for the militant group Hezbollah in Lebanon and even, sporadically, to the Taliban in Afghanistan, in the form of weaponry and military training, has also made Iran a pariah on the global stage.


Company: cnbc, Activity: cnbc, Date: 2019-02-12  Authors: natasha turak, holly ellyatt, win mcnamee, getty images
Keywords: news, cnbc, companies, turning, iran, syria, providing, militant, east, yemen, told, food, middle, prince, steel, paupers, militias, saudi, instead


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