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Zelensky says there was no 'military justification' in Russia’s targeting civilians on a passenger train
By Phil Stewart, Idrees Ali, Erin Banco and Gram Slattery WASHINGTON, March 18 (Reuters) - President Donald Trump's administration is considering deploying thousands of U.S. troops to reinforce its operation in the Middle East, as the U.S. military prepares for possible next steps in its campaign against Iran, said a U.S. official and three people familiar with the matter. The deployments could help provide Trump with additional options as he weighs expanding U.S. operations, with the Iran war well into its third week
Iran strikes Israeli oil refinery in northern city of Haifa as Tehran launches attacks on regional energy facilities
a16z co-founder and General Partner Marc Andreessen joins an AMA-style conversation to explain why AI is the largest technology shift he has experienced, how the cost of intelligence is collapsing, and why the market still feels early despite rapid adoption. The discussion covers how falling model costs and fast capability gains are reshaping pricing, distribution, and competition across the AI stack, why usage-based and value-based pricing are becoming standard, and how startups and incumbents are navigating big versus small models and open versus closed systems. Marc also addresses China’s progress, regulatory fragmentation, lessons from Europe, and why venture portfolios are designed to back multiple, conflicting outcomes at once
At Kevin Warsh's Fed confirmation hearing today, Republicans will cast him as a change agent ready to shake up a tradition-bound institution. Driving the news: In remarks introducing Warsh obtained by Axios, Sen. Dave McCormick (R-Pa.) will say the onetime Fed governor "brings a reformer's heart" and "will shake up a stagnant institution at a time when change is sorely needed." It echoes some of Warsh's own criticisms of the Fed, saying that the central bank "must not be ruled by pointy-headed economists poring over outdated models and reams of market data."Democrats on the Senate Banking Committee plan to focus on potential conflicts of interest stemming from Warsh's expansive portfolio, which includes some investments that could be affected by Fed policy. They also intend to question his independence from President Trump. State of play: Warsh's nomination is broadly supported by Republicans and opposed by Democrats — putting his confirmation on track to be a more partisan affair than in the past. Just four years ago, Jerome Powell received 80 votes in favor of his confirmation. Alan Greenspan was confirmed five times by voice vote.Still, Republicans have the votes to confirm Warsh — or will, that is, if a Justice Department investigation into Powell that is ostensibly about the Fed's over-budget building renovation is resolved.Sen. Thom Tillis says the investigation is a pretext to pressure Powell over monetary policy — a view shared by a federal judge as well as Powell himself. Tillis has pledged to block Warsh's passage through the banking committee until the investigation is dropped. Zoom out: Powell's term is up May 15 and the Trump administration is eager to get him out. McCormick's planned introduction shows the support he has among Republican senators. What they're saying: "If confirmed, Kevin will inherit a Federal Reserve in need of repair and confronting serious uncertainty," McCormick will say, noting "an overextended balance sheet; a poor record on inf
Nigeria on Tuesday charged six people with terrorism and treason over an alleged coup attempt intended to overthrow President Bola Tinubu. The six, including a retired major general and a serving police inspector, are all in custody
The U.S. Supreme Court has agreed to take up a major case involving Colorado’s alleged infringement of Catholic families’ First Amendment rights. The high court announced on Monday that it will hear arguments in St. Mary Catholic Parish v. Roy, which centers around Colorado’s apparent exclusion of Catholic families and preschools from its “universal” preschool […]
The BIS warned stablecoins resemble ETFs, not money, and called for global rules to prevent fragmentation across the $300 billion market
This is a prime minister who does not understand the difficult trade-offs involved in governing
Lloyd’s of London is in talks with the U.S. International Development Finance Corporation regarding President Donald Trump’s plan to offer political risk insurance for ships traveling through the Strait of Hormuz to permit the flow of oil despite the threats posed by the conflict with Iran. The president touted a plan earlier this week to […]
Iranian Kurds weigh risks of fighting government, uncertain of US and Israeli support for any uprising
US President Donald Trump on Saturday said countries that rely on oil carried through the Hormuz strait should take responsibility for keeping the passage open, with American help. Global oil prices have surged by 40 percent as Iran has choked off the vital sea passage and attacked Gulf energy facilities since US-Israeli strikes launched the war on Iran