Browsing Tag

fears

Citi, Standard Chartered Evacuate Dubai Offices; HSBC Closes Qatar Branches Amid Security Concerns

Dubai — Citigroup and Standard Chartered have told staff in Dubai to leave their offices and work from home as Gulf lenders step up precautions after Iran threatened to strike regional banking interests linked to the United States and Israel, according to people familiar and a staff memo. Citigroup instructed employees at the Dubai International Financial Centre (DIFC) and in the Oud Metha neighborhood to evacuate and work remotely until further notice, a memo reviewed by Reuters showed. A Citi spokesperson said the bank is…

Stock markets, oil prices volatile amid fears Iran conflict will drag on

Stocks in the U.K. and U.S. rose while Asian indexes tumbled Wednesday as oil and gas prices whipsawed on fears the U.S.-Israel conflict with Iran will drag on and keep choking traffic through the Strait of Hormuz, a vital energy artery. The FTSE 100 and major U.S. and European benchmarks rebounded after two days of declines; several Asian markets fell sharply for a third straight session. Brent crude is up about 12 percent since Saturday, when U.S. and Israeli forces began bombing Iran and Tehran retaliated with strikes on…

Iranians Voice Fears and Hopes as War Approaches One-Week Mark

‘The streets are empty, the windows are gone’: Iranians describe life under bombardment as war enters second week As U.S. and Israeli strikes on Iran approach the end of their first week, residents in Tehran describe a capital of shattered glass, shuttered storefronts and competing emotions — fear, exhaustion and, for some, a fragile hope that the Islamic Republic’s grip may finally loosen after the death of Ayatollah Ali Khamenei. In a series of interviews with Axadle Times, Iranians living inside the country spoke on…

Iran Claims Strait of Hormuz Closure, Fueling Fears of Oil Market Shock

AXADLE, Somalia — Iran’s state media reported that the Islamic Revolutionary Guard Corps has declared the Strait of Hormuz closed to maritime traffic, warning commercial and oil tankers against attempting to transit the waterway as regional tensions escalate. According to Reuters, a senior IRGC commander said vessels that try to pass through the strait would face direct attack, adding that ships violating the order would be set ablaze. The remarks, carried by Iranian state outlets, immediately raised fears of energy-market…

Culleton case heightens fears for undocumented Irish living in the U.S.

Undocumented Irish on edge as ICE crackdown tests a Boston man’s American dream The detention of Kilkenny native Seamus Culleton in a Texas immigration facility has become a flash point in the United States’ latest enforcement sweep, unsettling thousands of undocumented Irish and their families on both sides of the Atlantic. His case — a visa overstay turned protracted custody fight — captures how a harder-edged U.S. immigration regime is reshaping lives far from the border. Culleton entered the United States in March 2009…

Irish man in ICE custody fears for his life in Texas detention facility

Irish man detained by ICE says he fears for his life in Texas facility, as Irish politicians urge action An Irish man who has lived in the United States for nearly two decades says he is in fear for his life after being detained by U.S. Immigration and Customs Enforcement and transferred to a detention center in Texas, almost 4,000 kilometers from his home in Boston. Seamus Culleton, originally from Glenmore in Co Kilkenny, was taken into custody by ICE agents in September and later moved to a facility in El Paso, Texas, he…

Irish national held by ICE fears for his life in Texas detention facility

Irish man detained by ICE in Texas pleads for help, says he fears for his life An Irish man who has lived in the United States for nearly 20 years says he fears for his life after being detained by U.S. Immigration and Customs Enforcement and transferred to a facility in El Paso, Texas, almost 4,000 kilometers from his home in Boston. Seamus Culleton, originally from Glenmore, Co Kilkenny, was arrested by ICE agents last September and taken into immigration detention, as first reported by the Irish Times. Speaking from the…

Amid Autism Fears, Measles Cases Rise in Minnesota’s Somali Community

Measles outbreak in Minnesota’s Somali community tests public health outreach as vaccine fears persist MINNEAPOLIS — Minnesota health officials racing to contain a measles outbreak centered in Minneapolis’ large Somali community are confronting entrenched vaccine fears stoked by long-running myths about autism and the measles-mumps-rubella (MMR) shot. Fourteen measles cases have been confirmed statewide since February. About half are in Somali children, six of whom were not vaccinated and one of whom was too young for shots,…

Iran, U.S. to Hold Oman Talks Amid Deep Rifts, War Fears

MUSCAT, Oman — Iran and the United States are set to open high-stakes talks in Oman on Friday aimed at defusing a renewed nuclear standoff, but a deep dispute over the agenda — especially Iran’s missile program — is already clouding prospects for progress and raising fears of a wider Middle East conflict. While both sides have signaled readiness to return to diplomacy, Washington wants any understanding to address far more than uranium enrichment. U.S. Secretary of State Marco Rubio said the talks should encompass Iran’s…

China’s latest purge sparks fears of catastrophic military miscalculation

Xi’s military purge narrows China’s command — and raises the risk of miscalculation China’s sweeping purge of senior generals has shrunk the country’s top command to a bare minimum, concentrating power around Xi Jinping just as Western leaders intensify outreach to Beijing. The shake-up, which removed Central Military Commission Vice Chairman Zhang Youxia and Joint Staff chief Gen. Liu Zhenli for “violations of discipline and law,” has alarmed analysts who see both short-term caution and longer-term volatility in the world’s…