Iran to Elect Supreme Leader Today, Trump Expresses Interest
**March 8 —** An Iranian Assembly of Experts member said a conference to elect the country’s Supreme Leader will take place within the next 24 hours, per Xinhua News Agency citing a March 7 message from Iran’s Islamic Revolutionary Guard Corps (IRGC).
Ayatollah Muzafer, a member of the Assembly of Experts, noted current members are waiting for conditions to mature before carefully selecting the new Supreme Leader. He added no public announcement about the conference or election has been made so far, and urged the public not to trust rumors.
In response, former U.S. President Donald Trump expressed hope to participate in choosing Iran’s next leader, saying he does not want the U.S. to “face the same issue every five or ten years.” Trump had previously stated on March 5 that he “must personally participate” in selecting Iran’s next leader. That day, he also rejected the son of Iran’s late Supreme Leader Ayatollah Ali Khamenei as a successor, declaring, “I must personally be involve
20 minutes ago
The White House has released the "President Trump's United States Cyber Strategy," mentioning support for cryptocurrency and blockchain security
On March 8, the White House released President Trump’s U.S. Cybersecurity Strategy — marking the first time a U.S. cybersecurity strategy document explicitly mentions supporting the security of cryptocurrency and blockchain technologies.
The strategy notes: “The United States will build secure technology and supply chains that protect user privacy end-to-end, from design through deployment — including the security of cryptocurrency and blockchain technologies that underpin these systems.”
20 minutes ago
Hedge Fund CIO: If We Don't See a Signal That the Strait of Hormuz Is About to Reopen by Monday, Commodity Prices Will Explode Higher
March 8th — U.S. military operations in Iran sent oil prices surging, leaving Washington’s policy toolkit nearly depleted. Experts warn other U.S. measures will be negligible if the Strait of Hormuz doesn’t reopen quickly.
Some experts have panned the Trump administration’s crisis management approach. Michael Alfaro, chief investment officer at energy and industrial hedge fund Gallo Partners, noted: “Many policy decisions or leaks from the government over the past 48 hours signal desperation to calm the oil market.”
He added commodity prices will jump again if there’s no indication by Monday the Strait of Hormuz is set to reopen.
But others have defended the White House’s strategy. Dan Brouillette, Trump’s first-term energy secretary, told the Financial Times the administration has a longer-term view than financial markets. “High oil prices are temporary,” he said. “Now is the time to oust this regime and end its decades-long extortion of the strait.”
(Wall Street View)
20 minutes ago
「Fed's Megaphone」: Caught Between Global Events and Domestic Employment, the Fed Can Only Watch and Wait
Wall Street Journal reporter Nick Timiraos—often dubbed the “Fed Whisperer”—wrote in a March 8 article that the Federal Reserve has long feared being forced to choose between fighting inflation and protecting jobs. Friday’s jobs report brought this dilemma one step closer.
Timiraos cited Neel Kashkari, president of the Minneapolis Fed and a voting member of this year’s Federal Open Market Committee (FOMC), who recently warned the current situation could be a “rerun” of the Russia-Ukraine conflict era. Kashkari cautioned the Fed not to repeat its 2021 mistake of labeling that year’s inflation spike as temporary.
On the Fed’s next moves, Timiraos speculated: “Right now, Fed officials may just wait and see. Fed Chair Jerome Powell pushed for three rate cuts by the end of last year, but each cut sparked growing internal debate among the 12-member rate-setting committee. Officials have made clear they’re in no rush to adjust rates at this month’s meeting—even a month of worrying data
20 minutes ago
South Korea is considering implementing a cap on oil prices for the first time in 30 years
**March 8 (Yonhap) — South Korea is weighing its first oil price ceiling in nearly 30 years amid surging energy costs linked to an escalating Middle East conflict, a source said Sunday.**
U.S. and Israeli strikes on Iran, followed by Iranian retaliation, have sent global oil prices soaring. Historically, international price swings took roughly two weeks to reach South Korea’s domestic market, but this time the impact was almost immediate — prompting officials to assess the feasibility of a cap.
The government is treading carefully, however, as the measure could bring side effects including market distortion and fiscal strain, the source noted.
Prior to this, President Lee Jae-myung ordered regional or fuel-specific price caps be rolled out promptly if a nationwide unified ceiling proves unworkable. The next day, he warned oil refiners against colluding to hike gasoline prices.
In line with the president’s instructions, the government has formed an interagency inspection tea
20 minutes ago
Iran Claims Capture of Several U.S. Soldiers, U.S. Denies
BEIJING, March 8 (Xinhua) — Iranian Supreme National Security Council Secretary Larry Rahmani said Thursday (March 7) that several U.S. soldiers had been captured, directly contradicting U.S. claims the troops died in combat.
In a social media post the same day, Rahmani stated: “Based on reports I’ve received, several American soldiers are in our custody. The U.S. claims they died in action, but their attempts to cover this up won’t hide the truth for long.”
U.S. Central Command spokesperson Tim Hawkins told U.S. media later Thursday that the Iranian claim of captured U.S. troops was a “lie.”
(Xinhua)
20 minutes ago
App Store
Profile
Security
Sign Out
Feeds
Articles
Source
Add to Favorites
Download image
Share x
Copy link
