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U.S. President Donald Trump on Monday threatened widespread destruction of Iran’s energy resources and other vital infrastructure, including desalination plants, if a deal to end the war with Tehran is not reached “shortly.” The war has already threatened global supplies of oil and natural gas, sparked fertilizer shortages and disrupted air travel.
CRANS-MONTANA, Switzerland (AP) – Swiss authorities have opened a criminal investigation into the managers of the bar where a fire at a New Year’s party left 40 people dead, authorities said Saturday.
KYIV, Ukraine (AP) – Senior officials in Kyiv are taking a swipe at the head of German defense giant Rheinmetall, whose unflattering comments about Ukrainian drone technology and the role of women in the war against Russia ignited a social media backlash.
CAMBRIDGE, Mass. (AP) – Federal Reserve Chair Jerome Powell said Monday that it is important to closely monitor inflation amid a spike in energy prices from the Iran war. Powell said there wasn’t a lot Fed policymakers could do since energy shocks “tend to come and go pretty quickly” and monetary maneuvers work over the longer-term.
NEW YORK (AP) – Sysco, the nation’s largest food distributor, will acquire supplier Restaurant Depot in a deal worth more than $29 billion. The acquisition would create a closer link between Sysco and its customers that right now turn to Restaurant Depot for supplies needed quickly in an industry segment known as “cash-and-carry wholesale.”
BEIJING (AP) – China’s flag carrier resumed direct flights between Beijing and North Korea’s capital of Pyongyang on Monday not long after the restoration of passenger train services between the capitals.
WASHINGTON (AP) – Gulf allies of the United States, led by Saudi Arabia and the United Arab Emirates, are urging President Donald Trump to continue prosecuting the war against Iran, arguing that Tehran hasn’t been weakened enough by the monthlong U.S.-led bombing campaign, according to U.S., Gulf and Israeli officials.
U.S. President Donald Trump on Monday threatened widespread destruction of Iran’s energy resources and other vital infrastructure, including desalination plants, if a deal to end the war with Tehran is not reached “shortly.” The war has already threatened global supplies of oil and natural gas, sparked fertilizer shortages and disrupted air travel.
TEL AVIV, Israel (AP) – Israel’s parliament on Monday passed its annual budget, ensuring that Prime Minister Benjamin Netanyahu’s government can complete its term until the fall. Israel needed to pass a budget before April 1 in order to avoid triggering early elections. Netanyahu still reserves the right to call early elections before then if he wants.
WASHINGTON (AP) – President Donald Trump says the United States is winning the war with Iran even as thousands of additional American troops deploy to the Middle East. He has pilloried other countries for not helping the U.S., only to say later he does not need their assistance. He has twice delayed deadlines for Iran to reopen the Strait of Hormuz.
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