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Economic Times
3 days ago
- Politics
- Economic Times
As Iranian missiles approached a US base, one nation stepped in to avert a wider war in West Asia
Live Events 19 missiles in the air, a ceasefire on the line A phone call, and a breakthrough (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel On the evening of June 23, when Iranian missiles raced toward the largest American military base in the Gulf, senior Qatari officials were deep in high-level talks about defusing regional didn't expect the conflict to reach their doorstep — until the walls began to to Qatar's foreign ministry spokesperson Majed Al-Ansari, defense personnel interrupted a meeting with the Qatari Prime Minister in Doha on Monday with urgent warnings: Iranian missiles were incoming. Moments later, the thunder of interceptors filled the skies above the Qatari capital, Ansari told attack came days after U.S. strikes on Iranian nuclear facilities and pushed the region to the brink of a broader capitals braced for impact. In Kuwait, shelters were opened. In Bahrain, roads were closed. Some residents in Dubai and Abu Dhabi rushed to buy supplies or book flights Al Udeid Air Base , the largest U.S. installation in the region, American military personnel had already begun evacuating. Qatar, meanwhile, activated its early warning radar system and scrambled 300 troops to deploy Patriot missile batteries. 'Towards the end it was very clear… Al Udeid Base was going to be targeted,' a Qatari defense official told around 7 p.m. local time, radar confirmed that Iranian missiles were airborne. According to Al-Ansari, Qatar's military intercepted seven missiles over the Persian Gulf, and another eleven over Doha. A single missile struck an uninhabited area near Al Udeid, causing minimal damage.U.S. President Donald Trump later said that 14 missiles had been fired, but Qatar's account put the number at 19. Al-Ansari told CNN the missile defense operation was 'Qatari-led', though coordinated with U.S. Tehran had warned Gulf nations months earlier that any U.S. attack on Iranian territory would make American bases across the region 'legitimate targets,' Al-Ansari said no specific warning was given ahead of this strike. Iranian Foreign Minister Abbas Araghchi reportedly reiterated that stance in Istanbul just one day earlier, telling Gulf counterparts that retaliation was imminent if the U.S. the attack, Iran's National Security Council said the strikes posed 'no dangerous aspect to our friendly and brotherly country of Qatar and its noble people.' But Al-Ansari dismissed speculation that Qatar had quietly allowed the strike in exchange for a future diplomatic opening.'We do not take it lightly for our country to be attacked by missiles from any side,' he told CNN. 'I would not put my daughter under missiles coming from the sky just to come out with a political outcome. This was a complete surprise to us.'Just as Qatar's leadership was weighing how to respond, a call came from President Trump to Emir Tamim bin Hamad Al Thani. Trump relayed that Israel was willing to agree to a ceasefire, and asked Qatar to relay that message to Iran.'As we were discussing how to retaliate to this attack… this is when we get a call from the United States that a possible ceasefire, a possible avenue to regional security had opened,' Al-Ansari country's chief negotiator, Mohammed bin Abdulaziz Al-Khulaifi, reached out to Tehran. Simultaneously, Prime Minister Al Thani spoke to U.S. Vice President JD Vance. With both channels active, a deal was quickly arranged.'All options were on the table that night,' Al-Ansari recalled. 'But we also realized that was a moment that could create momentum for peace in a region that hasn't been there for two years now.'
Economic Times
15-06-2025
- Business
- Economic Times
Trump cashes in: Financial disclosures reveal millions earned from Bibles, crypto, watches, and golf clubs
Donald Trump's financial disclosures reveal a significant income stream from diverse ventures since coming back to the White House. A substantial $57 million came from a family-run cryptocurrency venture, alongside millions generated from licensing deals involving sneakers, watches, and even Bibles. Tired of too many ads? Remove Ads Crypto Cash Flow from Donald Trump's Family Venture Millions from Bibles, Sneakers, and Watches Tired of too many ads? Remove Ads Mar-a-Lago and Private Clubs Still Bring in Big Money White House Defends FAQs US president Donald Trump has quietly transformed his political position into a money-making bonanza, earning millions from his family's cryptocurrency venture, private golf clubs, and even capitalising on Bibles, watches and sneakers, reported per the over 230-page financial documents, which provide details of Trump's finances since he returned to the White House in January, one of the biggest sources of income Trump revealed was a $57 million token sale via WLF Holdco LLC, which is a Trump family crypto company actively run in part by his sons, according to filings showed the first public snapshot of some of the US president's recent earnings from deals made while the Republican campaigned for office last year, as per the report. The official documents show that many of the licensing deals Trump has with companies selling products using his name and image, like sneakers, watches, and other products, yielded millions in royalties for the US president, reported earned over $1.3 million from Lee Greenwood's 'God Bless the USA' Bible, when Trump had released a video asking supporters to purchase the Bible to 'make America pray again' during the 2024 campaign, according to the US president also earned $2.5 million from Trump sneakers and fragrances and $2.8 million selling 'Trump Watches," he even made over $1 million on a '45' guitar, denoting his place in the line of US presidents during his first term, reported disclosure also revealed that Trump's private clubs also generate huge income, which is led by his flagship property, Mar-a-Lago, which earned over $50.1 million in revenue, down from about $57 million in a previous filing last year, as per the the US president's assets are in a trust, which is managed by his children, and even the Trump Organisation had said that he would not have any involvement in the day-to-day running of the company, yet, he still owns and benefits from his massive real estate and branding empire, according to the White House press secretary Karoline Leavitt said that, 'President Trump, Vice President Vance, and senior White House staff have completed required ethics briefings and financial reporting obligations. The Trump Administration is committed to transparency and accessibility for the American people,' quoted according to financial documents, Trump is earning millions from various ventures, including cryptocurrency, merchandise, and private clubs, as per CNN colognes, watches, guitars and even Bibles. These licensing deals are generating millions in royalties.
Time of India
05-06-2025
- General
- Time of India
Cargo ship carrying electric vehicles catches fire off Alaska – key points you need to know
Journey from China to Mexico Interrupted by Fire Smoke and Flames from the EV Deck Live Events Fire Suppression System Failed to Contain Flames Authorities Responding, Tugboat En Route FAQs (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel A cargo ship, which started its journey from Yantai, China, on May 26, to ship cars to Lazaro Cardenas, a major Pacific port in Mexico, caught fire in the waters off Alaska's Aleutian island chain on Wednesday, as per a 600-foot (183-meter) Morning Midas , which is a car and truck carrier, was carrying 3,000 vehicles, including 800 electric vehicles , as per 22 crew members on board, abandoned the Morning Midas after it caught fire and were evacuated onto a lifeboat and rescued by the crew of a nearby merchant vessel named the Cosco Hellas in the North Pacific, about 300 miles (490 kilometres) southwest of Adak Island , reported READ: Trump's travel ban: After restricting entry of people from 19 nations, President says this country is next US Coast Guard photos and a Wednesday statement from the ship's management company, Zodiac Maritime , highlighted that a large plume of smoke was initially seen at the ship's stern coming from the deck loaded with electric vehicles on Tuesday, reported the crew had initially started the emergency firefighting procedures with the ship's onboard fire suppression system, they were not able to bring the flames under control, as per the Maritime said, 'The relevant authorities have been notified, and we are working closely with emergency responders with a tug being deployed to support salvage and firefighting operations,' adding, 'Our priorities are to ensure the continued safety of the crew and protect the marine environment,' quoted Coast Guards said that the status of the fire onboard the ship was not known as of Wednesday afternoon, but the smoke was still emanating from the Morning Midas, according to the Admiral Megan Dean, commander of the Coast Guard's Seventeenth District, shared that the search and rescue part of the response had concluded and now the Coast Guard was working with Zodiac Maritime to figure out how to recover the ship and what will be done with it, as per Morning Midas caught fire while transporting 3,000 vehicles, including 800 electric cars, across the Pacific all 22 crew members were safely evacuated and rescued without injuries.
India Today
21-04-2025
- India Today
Lioness kills 14-year-old girl at her home near national park in Kenya
A lioness killed a 14-year-old girl at her house near the Nairobi National Park in the Kenyan capital, the Kenya Wildlife Service (KWS) told animal had entered a residential complex near the national park on April 19 after it jumped over a makeshift fence, KWS Senior Corporate Communications Manager Paul Udoto girl was inside the house with a second teenager when the lioness entered the premises and attacked her. "There is no evidence of provocation from the victims," Udoto told The second teenager raised the alarm, prompting KWS rangers and emergency teams to look for the girl. They found the girl's body with injuries on her lower back in the Mbagathi river after tracing bloodstains leading to the water to KWS, the lioness was believed to be disoriented or diverted from her normal hunting behaviour due to scarcity of prey in her natural range and increasing human activity around the national have set a trap and deployed teams to catch the said security measures were being taken, including electric fencing and AI-powered early warning systems to warn communities of nearby animal movements, CNN is not the first such human-animal attack in April 18, an elephant killed a 54-year-old man while he was grazing livestock at a forest in Nyeri County. The man, who was declared brought dead at a hospital, suffered chest injuries, fractured ribs and internal trauma, KWS said."It was the human activity that encroached upon the animal's range, creating conditions for conflict," Udoto said.
Saudi Gazette
20-02-2025
- Business
- Saudi Gazette
Hegseth orders US military to prepare for major budget cuts
WASHINGTON — US Defense Secretary Pete Hegseth has ordered the military to prepare plans to make drastic budget cuts over the next five years, with an exception for border security, according to a new memo obtained by memo, dated Tuesday, calls for military leaders to provide a proposal for eight percent in budget cuts each year for the next five years. The proposals for the massive cuts to the Pentagon's budget of approximately $850 billion are due by February 24, less than one week after Hegseth issued the was issued the day before President Donald Trump endorsed the House's budget plan which includes a $100 billion increase in defense spending, suggesting a major disconnect within the administration. Hegseth himself called for an increase to the defense budget one week ago. While visiting Stuttgart, Germany, Hegseth said, 'I think the US needs to spend more than the Biden administration was willing to, who historically underinvested in the capabilities of our military.''I ask that the Military Departments and DoD Components resource the capabilities and readiness necessary for a wartime tempo and offset those requirements with low-impact items, such as wasteful DEI and climate change programs,' Hegseth wrote in the memo. The memo, which was labeled CUI – controlled unclassified information – was sent to senior Pentagon leaders, the commanders of combatant commands and defense memo comes as Trump and Elon Musk's Department of Government Efficiency is initiating a major effort to shrink the federal government, cutting spending and laying off a significant number of workers across the Washington Post first reported the memo.'The Department of Defense is conducting this review to ensure we are making the best use of the taxpayers' dollars in a way that delivers on the President Trump's defense priorities efficiently and effectively,' said Pentagon spokesman Robert Hegseth's stated focus to 'revive the warrior ethos,' some defense officials responsible for drafting lists of civilian Pentagon employees to be fired as soon as this week are voicing concerns that the summary firings could break the law and harm US military proposed cuts to the Pentagon's approximately $850 billion budget would amount to tens of billions of dollars in cuts in the first year, the largest reduction in the Defense Department budget since sequestration in proposal is certain to meet with resistance from Congressional Republicans, many of whom have called for increasing the defense budget and derided the Biden administration for only modest hikes in defense spending. Republican Sen. Roger Wicker, the chair of the Senate Armed Services Committee, has called for defense spending to gradually increase to more than $1 trillion per year. The cuts also come at a time when Trump is calling on NATO allies to increase defense spending to five percent of gross domestic product (GDP), which would amount to a massive hike in spending for nearly every single NATO country. (If the US spent five percent of its budget on defense, the military's budget would exceed $1.2 trillion.) — CNN
