WATCH: Moment Iranian warship is blown apart by US submarine near Sri Lanka
The Pentagon has released dramatic footage showing the moment an Iranian warship was struck and destroyed by a US submarine in the Indian Ocean, marking a major escalation in the widening Middle East conflict. US Defense Secretary Pete Hegseth confirmed that an American submarine torpedoed and sank Iran’s frigate IRIS Dena approximately 25 miles south…
US dollar dips from multimonth highs on Middle East optimism
By Gertrude Chavez-Dreyfuss NEW YORK, March 4 (Reuters) – The US dollar slipped on Wednesday, pulling back from the multimonth highs it touched in the previous session, as investors unwound safe‑haven positions on rising hopes that the Middle East conflict may prove shorter‑lived than initially feared. Improved sentiment was underpinned by a New York Times…
Power Goes Out Across Much of Cuba as Havana’s Woes Mount
(Bloomberg) — Cuba suffered a massive blackout Wednesday, with the electrical grid that stretches across about two-thirds of the country collapsing amid an intensifying US push to deprive the government in Havana of fuel and financing. The outage covered most of the island from Camaguey to Pinar del Rio, the Ministry of Energy and Mines…
Trump Plan Would Tie Federal Employee Layoffs to Performance
The Trump administration is proposing the biggest change to its employee retention rules in decades, attempting to substitute job performance for seniority in deciding who’s fired when an agency institutes layoffs. In a 102-page rulemaking proposal set to be published Thursday, the Office of Personnel Management said the new system would make reduction-in-force regulations “more…
US yields gain for third straight day as inflation risk looms
* ISM non-manufacturing index hits highest since July 2022 * ADP employment tops expectations * Yields higher with crude prices volatile NEW YORK, – US Treasury yields climbed for a third straight session on Wednesday as investors weighed the potential risk of rising inflation and the path of monetary policy after the war in Iran…
Middle East conflict intensifies as US sub sinks Iranian warship; Tehran vows to hit ME military infrastructure: Updates
The conflict in the Middle East has reached a critical tipping point as the United States and Israel intensify their joint military campaign against Iranian power structures, reported Associated Press. US Defense Secretary Pete Hegseth on Wednesday confirmed the sinking of an Iranian warship in international waters, marking a significant escalation as Tehran threatened a…
Turkey says NATO defenses destroyed incoming Iran missile
Ankara: Turkey said that NATO air defenses destroyed an Iranian ballistic missile headed into Turkish airspace on Wednesday, marking the first time the alliance member has been drawn into the Middle East conflict and raising the possibility of a major expansion involving its bloc allies. Turkey – Iran’s neighbor that had sought to mediate US-Iran…
Hegseth claims Iranian leader behind attempted assassination plot against Trump was added to target list and eliminated
US Defense Secretary Pete Hegseth said the United States killed a leader of a group he claims attempted to assassinate Donald Trump, adding that the individual was added to a broader target list. “Yesterday, the leader of the unit who attempted to assassinate President Trump was hunted down and killed,” Hegseth said. “Iran tried to…
Tyler Myers trade: Dallas Stars acquire veteran defenseman from Vancouver Canucks for draft picks
The Dallas Stars have strengthened their blue line by acquiring veteran defenseman Tyler Myers from the Vancouver Canucks in a trade confirmed on Wednesday (March 4). The deal sends Dallas’ second-round pick in the 2027 NHL Entry Draft and a fourth-round pick in 2029 to Vancouver. Notably, the Canucks are retaining 50% of Myers’ contract,…
UK police arrest 3 men on suspicion of spying for China, one is Labor MP Joani Reid’s husband
London: Three men suspected of spying for China were arrested in the United Kingdom on Wednesday, the Metropolitan Police said. One of those detained is the husband of a lawmaker from the governing Labor Party, AP reported. Authorities said the suspects are believed to have assisted a foreign intelligence service, potentially violating the National Security…
