war

Iclal TuranSaturday March 28, 2026 US military hardware worth billions of dollars has been damaged or destroyed since the US-Israeli war on Iran began, with Iranian missile and drone attacks responsible for much of the destruction, according to a Wall Street Journal report published Friday. In the opening three weeks of fighting, losses are estimated at between $1.4 billion and $2.9 billion, Elaine McCusker, a former Pentagon budget official now with the American Enterprise Institute, told the newspaper. Among the incidents…

Israel reported a first-ever missile attack from Yemen early Saturday, as air-raid sirens sounded for the third straight night across parts of the country—amid an escalating war that has already reshaped regional shipping and battered global markets. Shortly after dawn, Israel’s military said a missile was launched from Yemen toward Israeli territory. The Houthis—an Iran-backed rebel movement that has governed Yemen’s capital, Sanaa, since 2014—have not yet acknowledged responsibility. Siren alerts were reported around Beer…

In southern Somalia’s Ladan camp, a child’s cry can be heard—but for the most malnourished youngsters, even sound can be out of reach. Mothers there are focused on a single question: whether their children will survive. At the Ladan camp, on the outskirts of the town of Dollow, families who have fled drought-stricken areas arrive with little more than their children. Their farms and livestock were wiped out after four failed rainy seasons, leaving displaced people to seek shelter in crowded conditions where hope is measured…

The Trump administration wants its campaign of military operations against Iran to end in weeks, not months—and US officials say Washington believes it can accomplish its goals without deploying ground troops. Secretary of State Marco Rubio said the timeline can be met while US forces continue working to pressure Tehran. At the same time, fighting has widened across the region. A Reuters report cited a US official as saying an Iranian strike on an airbase in Saudi Arabia wounded two American service members severely and…

The Kremlin has rejected claims that President Vladimir Putin asked prominent business figures to contribute funds to help shore up Russia’s finances as the war in Ukraine continues. According to reports from unnamed sources, the independent Russian outlet The Bell and the Financial Times said the allegations stemmed from a closed-door meeting Mr Putin held with business leaders yesterday. Kremlin spokesman Dmitry Peskov told reporters, “It’s not true that Putin made such a request.” He added that one attendee at the…

Gokhan ErgocunFriday March 27, 2026 Markets on Thursday traded under a heavy cloud of uncertainty, with the New York Stock Exchange recording its steepest one-day decline since the start of the Iran war amid heightened tensions across the Middle East. The Dow slid 1.01%, losing 469.38 points to end at 45,960.11. The Nasdaq Composite fell 2.38%, or 521.74 points, to 21,408.08, while the S&P 500 dropped 1.74%, down 114.74 points, to close at 6,477.16. The Volatility Index (VIX), commonly dubbed the market’s “fear index,”…

Iran and the United States stood at a stubborn impasse Thursday, each digging in over ceasefire terms as diplomacy stalled and fears of further escalation grew with more U.S. forces nearing the Middle East. At the same time, President Donald Trump extended a deadline for Iran to reopen the Strait of Hormuz, pushing it to April 6. Tehran also tightened its control over the waterway, while Israel increased troop levels in southern Lebanon as it continued fighting the Iran-backed militant group Hezbollah. In Israel, sirens…

The global trading order is under siege, World Trade Organization director-general Ngozi Okonjo-Iweala warned as delegates convened for the WTO ministerial in Yaounde, calling the disruption the most severe the system has faced in eight decades. "The world order and the multilateral system we used to know has irrevocably changed," she said, stressing: "We cannot deny the scale of the problems confronting the world today." With 166 member states represented, the WTO meets in the Cameroonian capital amid stark divisions among…

Uganda’s top military commander signaled Wednesday that Kampala could be pulled into a wider Middle East war — and would back Israel — even as he urged an immediate end to the fighting. “We want the war in the Middle East to end now. The world is tired of it. But any talk of destroying or defeating Israel will bring us into the war — on the side of Israel,” Gen. Muhoozi Kainerugaba, the chief of defense forces and son of President Yoweri Museveni, wrote on the US social media company X. His warning comes as regional tensions…

Iran Says Non-Hostile Ships Can Use Strait of Hormuz Amid War with US and Israel  TEHRAN — Signaling it does not intend to shutter one of the world’s busiest energy corridors, Iran’s ambassador to the United Nations said vessels that steer clear of hostilities will be permitted to pass through the Strait of Hormuz, so long as they abide by Iranian safety rules and avoid actions Tehran views as aggressive.…