logo
Stocks Calm on Mideast De-Escalation Reports

Stocks Calm on Mideast De-Escalation Reports

Bloomberg5 days ago

Get a jump start on the US trading day with Matt Miller, Katie Greifeld and Sonali Basak on "Bloomberg Open Interest." Relative calm returned to global markets, with stocks climbing and oil sinking as fears subsided that Israel's war against Iran would escalate into a wider conflict. And President Trump's family unveils a new Trump-branded mobile phone service called "T1 Mobile" that will rely on pre-existing wireless networks and hardware. And is manufacturing coming back to the US? We'll talk to the CEO of the manufacturing company Flex on what could be a factory revival in North America. (Source: Bloomberg)

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

A guide to the 'doomsday plane': The US airborne command center
A guide to the 'doomsday plane': The US airborne command center

Yahoo

time16 minutes ago

  • Yahoo

A guide to the 'doomsday plane': The US airborne command center

As President Donald Trump weighs whether he will target Iranian nuclear facilities amid escalating Israel-Iran conflict, the president's U.S. Air Force E-4B Nightwatch, also known as the "doomsday plane," is now attracting attention, having reportedly landed at Joint Base Andrews outside Washington, D.C., earlier this week, according to the New York Post and other media. In response to inquiries about the alleged Nightwatch landing, officials from Joint Base Andrews told Fox News Digital that "as a matter of operational security, we cannot comment on specific location or purpose of the [National Airborne Operations Center] or other aircraft on our flightline." Other reports say the plane is no longer in the Washington area and is back at its home base. Iran Warns Us Joining Conflict Would Mean 'All-out War,' Refuses Demands To Give Up Disputed Nuclear Program Here's what to know about the E-4B Nightwatch: The E-4B is a Boeing 747-200 that has been militarized and is operated by the U.S. Air Force. Designed during the Cold War, the plane can remain airborne for up to a week and is able to refuel in midair. Sixty-seven antennas and satellite dishes allow the Nightwatch to communicate with individuals worldwide. Read On The Fox News App The U.S. maintains a fleet of four E-4Bs, built at a cost of $438.76 million each. The E-4B is designed as a mobile command post that allows national security officials, the Joint Chiefs of Staff, the President, and the Secretary of Defense to continue running the government during a nuclear conflict. According to a USAF press release, it is also used for international travel by the Secretary of Defense. "Additionally, the E-4B provides outside the continental United States travel support for the Secretary of Defense and his staff to ensure Title 10 command and control connectivity." According to the Aviation Zone, in 1994 FEMA was authorized to use the plane as a control and command center during natural disasters. In Iran's 'Forever War' Against The Us, Regime Has Targeted, Killed Americans Worldwide Publicly available U.S. Air Force data states that "at least one E4-B is always generated as a NAOC and on alert 24 hours a day, 7 days a week" to support senior defense officials. The E-4B can hold a crew of 112. Onboard, officials have access to 18 bunks, six bathrooms, a conference room, communications space, a briefing room and a rest area. The Air Force says that "the conduct of E-4B operations encompasses all phases of the threat spectrum." The Nightwatch can withstand an electromagnetic pulse and can survive nuclear blasts and cyberattacks. Netanyahu Declares Israel 'Will Exact The Full Price' After Iranian Strike Hits Hospital In Israel Leaders within Iran have threatened retaliation against the U.S. in the event it enters the Israel-Iran conflict. Theresa Payton, former White House chief information officer and CEO of the cybersecurity firm Fortalice Solutions, told Fox News Digital that the Islamic Regime may prepare a high-impact cyberattack on the U.S. "as it becomes more and more desperate." The president is said to be deciding whether to use the B-2 Spirit stealth bomber to deliver a series of 30,000-pound GBU-57 Massive Ordinance Penetrators, also known as "bunker busters," to destroy Iran's well-fortified Fordow nuclear facility, which may lie further than 300 feet below mountainous rock. While Israel targeted facilities associated with the Iranian military and Iran's nuclear program, on June 19, Iran struck Soroka Hospital, the largest hospital in southern Israel, with a ballistic missile, causing damage. Original article source: A guide to the 'doomsday plane': The US airborne command center

‘It's a scary time to be here right now': Americans stuck in Israel are desperate to get out
‘It's a scary time to be here right now': Americans stuck in Israel are desperate to get out

Yahoo

time16 minutes ago

  • Yahoo

‘It's a scary time to be here right now': Americans stuck in Israel are desperate to get out

Karen and Omri Mamon, dual American-Israeli citizens, traveled to Israel last month to attend the wedding of Omri's sister. They didn't know they would end up spending their holiday moving from one house to another, searching for shelter. A week after the wedding, Israel launched its surprise attack on Iran, and missiles began flying over the skies, forcing both airspaces to shut down. Most flights out of Tel Aviv's Ben Gurion Airport were canceled, leaving many stranded and unable to get home. 'The first night, we went down to the shelter three times, and since then, we're just jumping between houses trying to find safe rooms. We've been trying to find a way out of Israel back home to Florida since then,' Omri Mamon told CNN. Mamon said they've lived in Israel before and experienced having to shelter, 'but this time is different.' 'The bombs are bigger, the noises are extremely high … you hear bombs everywhere,' he added. Dozens of Americans who have been trying to leave Israel gathered at a hotel in central Israel on Saturday, where US embassy consular staff began processing their departures. Earlier in the week, US Ambassador to Israel Mike Huckabee announced on social media that the embassy was arranging evacuation flights and ships for American citizens who wished to leave. Huckabee did not say when the evacuation efforts would begin. According to US State Department spokesperson Tammy Bruce, more than 25,000 people have sought information from the State Department about the 'situation in Israel, the West Bank and Iran.' There are about 700,000 Americans living in Israel, according to Huckabee. Several Americans at the hotel told CNN that the embassy had organized flights to Athens, and from there, they would be able to catch flights back to the US. It was unclear, though, when those flights would be scheduled. The Mamons were on the list to go, but others, like Elana Hayman, are still waiting to be processed. Hayman traveled to Israel with her family from Los Angeles at the beginning of June for a holiday. An Iranian missile struck a building right next to the apartment they were staying at in Tel Aviv. Apart from experiencing an earthquake, Hayman told CNN she had never felt such strong shockwaves before. 'It was so intense that I thought it hit our building. It shook us to the core. … I actually hear the sound every night. When I think about it, I can hear it over and over again,' she said. Her 18-year-old daughter Noa, who has anxiety, said it was a terrifying experience. 'It was really bad. I was really scared. I just wanted to find any way to leave. … It's a scary time to be here right now,' she said. As the evacuation process progresses slowly, Hayman — like many others — are still trying to find a way out of Israel. The US embassy said in a security alert last week that the land crossings from Israel to Jordan and Egypt are options but acknowledged that each comes with its own risks. Jordanian airspace has closed sporadically since the conflict began, and the US cannot offer emergency services to American citizens traveling through the Sinai Peninsula to catch international flights out of Sharm el-Sheikh, Egypt. Some of those waiting at the hotel, who did not wish to be named, told CNN around 30 Americans were there for three hours to get processed but were told to come back another day because the priority was for the elderly, sick and families with children. The Mamons suspect they were processed so quickly because their son has autism. 'The main thing was to bring him back home; he was our priority. … He had a really rough time here with the sirens, noises, the shelters, and lots of people shouting,' Karen Mamon said. Despite feeling relieved to have been processed, Omri Mamon still says 'anything could happen.' 'We're not celebrating yet,' he said.

American Democracy Might Not Survive a War With Iran
American Democracy Might Not Survive a War With Iran

Yahoo

time16 minutes ago

  • Yahoo

American Democracy Might Not Survive a War With Iran

The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. Sign up for it here. The current debate over bombing Iran is surreal. To begin with, bombardment is unlikely to lead to a satisfactory outcome. If history has shown one thing, it is that achieving a lasting resolution by bombing alone is almost impossible. There was a reason the United States sent ground forces into Iraq in 2003, and it was not to plant democracy. It was that American officials believed they could not solve the problem of Saddam Hussein's weapons programs simply by bombing. They had tried that. The Clinton administration bombed Iraq for four days in 1998. At the end, they had no idea what they had destroyed and what they hadn't. They certainly knew they had not put a permanent end to the program. In 2003, if George W. Bush thought he could have permanently ended Saddam's weapons programs by bombing alone, he would have taken that option. Iran today poses the same dilemma. America's weapons may be better than they were in 2003, its intelligence capabilities greater, and Iran may be weaker than it was even a year ago, but the problem remains. Bombing alone will not achieve a verifiable and lasting end to Iran's nuclear program. It can buy time, and Israel's strikes have done that. American strikes could extend that period, but a determined Iranian regime will likely try again. A permanent solution would require a far more intrusive international verification regime, which in turn would require a ground presence for protection. However, that is not the main reason I oppose bombing Iran. Nor is it the reason I find the discussion of all of this so bizarre. You would never know, as The New York Times churns out its usual policy-option thumb-suckers, that the United States is well down the road to dictatorship at home. That is the context in which a war with Iran will occur. Donald Trump has assumed dictatorial control over the nation's law enforcement. The Justice Department, the police, ICE agents, and the National Guard apparently answer to him, not to the people or the Constitution. He has neutered Congress by effectively taking control of the power of the purse. And, most relevant in Iran's case, he is actively and openly turning the U.S. military into his personal army, for use as he sees fit, including as a tool of domestic oppression. Whatever action he does or doesn't take in Iran will likely be in furtherance of these goals. When he celebrates the bombing of Iran, he will be celebrating himself and his rule. The president ordered a military parade to honor his birthday. Imagine what he will do when he proclaims military success in Iran. The president is working to instill in our nation's soldiers a devotion to him and him alone. Imagine how that relationship will blossom if he orders what he will portray as a successful military mission. [Read: The three dramatic consequences of Israel's attack on Iran] Indeed, I can think of nothing more perilous to American democracy right now than going to war. Think of how Trump can use a state of war to strengthen his dictatorial control at home. Trump declared a state of national emergency in response to a nonexistent 'invasion' by Venezuelan gangs. Imagine what he will do when the United States is actually at war with a real country, one that many Americans fear. Will he tolerate dissent in wartime? Woodrow Wilson locked up peace activists, including Eugene V. Debs. You think Trump won't? He has been locking people up on flimsier excuses in peacetime. Even presidents not bent on dictatorship have taken measures in wartime that would otherwise be unthinkable. Then there is the matter of terrorism. What if Iran is able to pull off a terrorist attack on U.S. soil in retaliation for an American strike? Or even just tries and fails? The courts will permit a president almost anything in the aftermath of an attack: Any restraints they've put on Trump will vanish. The administration may claim that anti-terrorism laws permit it to violate the rights of American citizens in the same way that it is currently violating the rights of the noncitizens being scooped off the streets by masked men. The attorney general has already threatened to use terrorism statutes to prosecute people who throw stones at Tesla dealerships. Imagine what she will do to anti-war protesters with the justification of a real terrorist threat. Finally, there are the global implications. The United States is currently ruled by anti-liberal forces trying to overturn the Founders' universalist liberal ideals and replace them with a white, Christian ethnoreligious national identity. American officials are actively supporting similar anti-liberal forces all around the world, including the current anti-liberal ethnoreligious government of Israel. Any success Trump claims in Iran, whatever its other consequences, will be a victory for the anti-liberal alliance and will further the interests of anti-liberalism across the globe. This is true even though the current regime in Iran is itself anti-liberal. Should the mullahs fall, Trump and Israel are likely to support a military strongman against any democratic forces that might emerge there. That has been Israel's policy throughout the region, and even presidents who did not share Trump's proclivity for dictators, such as Barack Obama, have acquiesced to Israel's preferences. I'm not interested in using American military power to make the world safer for dictatorship. [Read: Isn't Trump supposed to be anti-war?] I might feel differently if Iran posed a direct threat to the United States. It doesn't. The U.S. policy of containing Iran was always part of a larger strategy to defend a liberal world system with a liberal America at its center. Americans need to start thinking differently about our foreign policy in light of what is happening in our country. We can no longer trust that any Trump foreign-policy decision will not further illiberal goals abroad or be used for illiberal ends at home. Today, the United States itself is at risk of being turned into a military dictatorship. Its liberal-democratic institutions have all but crumbled. The Founders' experiment may be coming to an end. War with Iran is likely to hasten its demise. Not that it matters, but count me out. Article originally published at The Atlantic

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store