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  • Oil prices surge above $102 as Saudi Arabia and UAE weigh joining Iran war

    Oil prices surge above $102 as Saudi Arabia and UAE weigh joining Iran war

    Global oil prices passed $102 a barrel on Tuesday morning after reports that U.S. allies in the Persian Gulf are inching toward joining the war against Iran.

    Brent crude futures for May delivery were rising 2.8% to trade at $102.74 a barrel as of 8:40 a.m. Eastern time, while West Texas Intermediate contracts for May delivery were up 3.9%, to $91.56 a barrel.

    Both oil benchmarks on Monday fell sharply after President Donald Trump wrote in a post on Truth Social that the U.S. would be halting strikes on Iran’s power plants for five days “subject to the success of the ongoing meetings and discussions.” Both the Brent and WTI on Monday settled at their lowest levels since March 11, according to FactSet data.

    Market optimism has faded since Iran refuted Trump’s claims that the U.S. has had “very good and productive” talks with Tehran, with Parliament Speaker Mohammad Baqer Ghalibaf calling the announcement “fake news” used to “manipulate” markets.

    “Obviously much now depends on the progress of any talks, and whether the more optimistic rhetoric is followed up by concrete action,” Jim Reid, head of global macro research at Deutsche Bank, wrote in a note on Tuesday, adding that “some nervousness” had crept back into markets, sending Brent crude back past the $100 threshold. 

    Investors’ concerns regarding the future of the war in Iran were also exacerbated by a Wall Street Journal report on Monday evening that U.S. allies in the Persian Gulf are edging closer to joining the conflict. Saudi Arabia and the United Arab Emirates are mulling helping efforts as their economies continue to be disrupted by the strikes and the effective closure of the Strait of Hormuz.

    The report notes that neither has deployed its military openly yet, but pressure is increasing as Tehran continues to exert control across the region, with energy infrastructure targeted.

    “Investors are still unclear about what happens next. The fog of war is thick,” said David Morrison, senior market analyst at Trade Nation. “The Strait of Hormuz remains closed to just about everything, and that should continue to support energy prices. This in turn plays into fears of higher inflation, adding to concerns that were building even before hostilities began.”

    U.S. stock futures were edging lower after all three major benchmarks on Monday booked their biggest daily percentage gains since early February. The Dow Jones Industrial Average futures were off 0.5%, while the S&P 500 futures were falling 0.4% and the Nasdaq 100 futures  were dropping 0.6%, according to FactSet data.

  • Trading surge hits markets minutes before Trump’s Iran announcement

    Trading surge hits markets minutes before Trump’s Iran announcement

    S&P 500 futures and crude oil contracts on the Chicago Mercantile Exchange (CME) at approximately 6:50 a.m. ET Monday—mere minutes before President Donald Trump posted on Truth Social that the United States and Iran had held “very good and productive conversations” toward resolving hostilities in the Middle East.

    The timing has raised eyebrows across trading desks and prompted quiet scrutiny from market participants, even as the White House forcefully denies any impropriety.

    According to Bloomberg data reviewed by multiple outlets, roughly 6,200 Brent and West Texas Intermediate (WTI) futures contracts traded in a single minute around 6:50 a.m., representing a notional value of approximately $580 million.

    At virtually the same instant, S&P 500 e-mini futures recorded an isolated burst of activity that stood out against an otherwise subdued pre-market session. Both oil and equity futures then moved dramatically once Trump’s post appeared at 7:05 a.m.

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    WTI crude plunged nearly 12% to around $83–$88 per barrel by the close, while Brent fell below $100 for the first time since early March. S&P 500 futures, by contrast, jumped more than 2.5% in the minutes following the announcement, reflecting investor relief that planned U.S. strikes on Iranian energy infrastructure had been postponed for five days.

    The volume anomalies occurred during thin early-morning liquidity, when even modest order flow can create noticeable spikes. Still, veteran traders described the coordinated moves—aggressive selling or shorting of oil while buying equity futures—as unusually prescient.

    “It’s hard to prove causality… but you have to wonder who would have been relatively aggressive at selling futures at that point, 15 minutes before Trump’s post,” one senior market strategist at a major U.S. broker told the Financial Times. Another hedge-fund portfolio manager with 25 years of experience called the pattern “really abnormal” for a quiet Monday morning with no scheduled data releases or Fed speakers.

    The SEC and CME Group declined to comment. White House spokesperson Kush Desai rejected any suggestion of insider activity, stating: “The only focus of President Trump and Trump administration officials is doing what’s best for the American people… any implication that officials are engaged in such activity without evidence is baseless and irresponsible reporting.”

    Markets React to De-Escalation — For Now

    Trump’s Truth Social post described “productive conversations” with Iran and ordered the postponement of strikes on Iranian power plants and energy infrastructure for five days, subject to continued talks. Iran’s parliament speaker, Mohammad-Bagher Ghalibaf, quickly denied that any negotiations were underway, calling the claim “fake news” designed to manipulate oil and financial markets.

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    Oil prices, which had climbed aggressively in recent sessions on fears of supply disruption through the Strait of Hormuz, reversed sharply. WTI settled down roughly 10–12% at $83–$88 per barrel, while Brent dropped 11–13% to just under $100. European natural gas (TTF) also fell sharply.

    The moves provided temporary relief to risk assets but highlighted how fragile sentiment remains. Morgan Stanley analysts warned that a sustained rise to $120 per barrel oil could shave 20–30 basis points off Asian GDP growth and force rate hikes in several emerging economies later this year.

    A Pattern of Well-Timed Trades?

    This is not the first instance of unusually prescient trading ahead of major Trump administration announcements in recent months. Hedge funds and energy consultants have privately noted several large block trades that appeared well-timed relative to official statements on Iran and Venezuela.

    While such patterns are difficult to prove as improper without concrete evidence, they have generated “a level of frustration” among institutional investors, according to one portfolio manager.

    Algorithmic and macro strategies can produce rapid cross-asset flows, especially in thin pre-market hours, but the scale and precision of Monday’s moves—selling oil and buying equities just before a de-escalation announcement—left many questioning whether non-public information circulated.

    Political and Market Context

    The episode unfolds against a backdrop of heightened geopolitical tension and domestic political pressure on the Trump administration’s aggressive posture toward Iran. While Trump framed the postponement as a sign of progress, critics argue the administration’s brinkmanship has already inflicted economic pain through elevated energy prices and market volatility.

    For now, the market appears to be pricing in cautious optimism that a wider conflict can be avoided. Yet with Iran denying talks and both sides continuing information operations, the “fog of war” remains thick.

    Investors would be wise to treat headline-driven moves with skepticism—especially when large, well-timed trades precede them.

  • Two pilots killed after jet collides with fire truck at New York’s LaGuardia airport

    Two pilots killed after jet collides with fire truck at New York’s LaGuardia airport

    NEW YORK — An Air Canada jet carrying more than 70 passengers collided with a fire truck while landing at New York’s LaGuardia Airport late Sunday, killing the pilot and copilot and injuring several others, officials said.

    The impact severed the cockpit, and hurled a flight attendant — still secured to her seat — far from the crash site, her daughter told a Canadian TV station. The flight attendant survived.

    The fire truck was crossing the tarmac just before midnight after being given permission to check on another plane that had aborted its takeoff. Before the collision, an air traffic controller can be heard on airport communications frantically telling the fire truck to stop.

    Officials investigate the site, Monday, March 23, 2026, where an Air Canada jet came to rest after colliding with a Port Authority firetruck at LaGuardia Airport, shortly after landing Sunday night in New York. (AP Photo/Seth Wenig)
    Officials investigate the site, Monday, March 23, 2026, where an Air Canada jet came to rest after colliding with a Port Authority firetruck at LaGuardia Airport, shortly after landing Sunday night in New York. (AP Photo/Seth Wenig)

    Roughly 20 minutes later, the controller appears to blame himself. “We were dealing with an emergency earlier,” the controller said. “I messed up.”

    About 40 passengers and crew members on the regional jet from Montreal, and two people from the fire truck, were taken to hospitals, some with serious injuries. Most were released by Monday morning, authorities said.

    A key for investigators will be examining coordination of the airport’s air traffic and ground traffic at the time of the crash, said Mary Schiavo, a former Department of Transportation Inspector General. “This has been happening for years and sadly some of the most horrific air crashes in history happen on the ground at the airport.”

    Transportation Secretary Sean Duffy said LaGuardia is “well-staffed” but faces a shortage of controllers. He said there are 33 certified controllers but the goal is to have 37. More than one controller was on duty at the time of the accident, he said.

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    “I can’t give specifics on what went wrong,” Duffy said, deferring to the National Transportation Safety Board, which is leading the investigation. Canada also sent a team of investigators.

    The runway where the crash happened is likely to be closed for “days” during the investigation, NTSB chair Jennifer Homendy said at a Monday evening news conference. She said there was a “tremendous amount of debris” that investigators have to sift through.

    Homendy said authorities recovered the plane’s cockpit and flight data recorders and drove them to the agency’s lab in Washington for analysis. Officials had to cut a hole in the aircraft’s roof to get to the recorders, because its tail was on the ground, she said, adding that the cockpit voice recorder was not damaged.

    Homendy said it was too early in the investigation to answer many questions about the accident, and more information was expected to be released Tuesday.

    The crash shut down LaGuardia — the New York region’s third busiest hub — during what was already a messy time at U.S. airports because of a partial government shutdown.

    Flights resumed Monday afternoon on one runway and with lengthy delays. The shutdown caused some disruptions at other airports, too, especially for Delta, which has a major presence at LaGuardia.

    An Air Canada Jet sits on the runway at LaGuardia Airport, Monday, March 23, 2026, after colliding with a Port Authority aircraft rescue and firefighting vehicle in New York. (AP Photo/Ryan Murphy)
    An Air Canada Jet sits on the runway at LaGuardia Airport, Monday, March 23, 2026, after colliding with a Port Authority aircraft rescue and firefighting vehicle in New York. (AP Photo/Ryan Murphy)

    Passenger says they helped each other escape the plane

    Airport security camera video shows a convoy of emergency vehicles traveling across the tarmac with their lights flashing in the moments before the plane lands, according to a recording of the video shared online.

    While most of the vehicles appear to stop at the edge of the runway, the lead vehicle keeps going, directly into the path of the aircraft.

    A person familiar with the investigation confirmed the authenticity of the video. The person requested anonymity because they were not authorized to discuss details of an ongoing investigation.

    The collision left cables and debris dangling from the mangled cockpit. Images show the fire truck flipped onto its side, with most of the damage to its back half.

    Flight attendant Solange Tremblay suffered multiple fractures to one leg and will need surgery after being thrown from the plane, daughter Sarah Lépine told Canadian news station TVA Nouvelles.

    Her survival is “a total miracle,” Lépine said. “I’m still trying to understand how all this happened, but she definitely has a guardian angel watching over her.”

    Passenger Rebecca Liquori said the plane hit turbulence while descending, and she then felt it brake hard and heard a loud boom.

    “Everybody just jolted out of their seats. People hit their heads. People were bleeding,” Liquori told News12 Long Island, a station where she once worked.

    Liquori said passengers helped each other slide down a wing.

    “I’m just happy to be alive,” said Liquori, who had gone to Montreal for a cousin’s baby shower. “I would have never pictured a one-hour flight that I’ve done countless times … ending like this.”

    Passenger Clément Lelièvre credited the pilots’ “incredible reflexes” with saving his life and others’. The pilots braked extremely hard just as the plane touched down, he said.

    An Air Canada jet and Port Authority fire truck sit on the runway at LaGuardia Airport, Monday, March 23, 2026, after colliding with each other after the jet landed Sunday night in New York. (AP Photo/Seth Wenig)
    An Air Canada jet and Port Authority fire truck sit on the runway at LaGuardia Airport, Monday, March 23, 2026, after colliding with each other after the jet landed Sunday night in New York. (AP Photo/Seth Wenig)

    US and Canada sending investigators to New York

    The pilot and copilot who died were both based out of Canada, said Kathryn Garcia, executive director of the Port Authority of New York and New Jersey, which operates the airport.

    Jeannette Gagnier, the great aunt of one of the pilots, identified him as Antoine Forest. Forest looked at her as a grandmother figure and always wanted to be a pilot, she said. His LinkedIn page showed he had worked for two airlines the past five years.

    President Donald Trump called it a “terrible” situation. Canadian Prime Minister Mark Carney said in a statement the accident was “deeply saddening.”

    The Port Authority identified the two people in the fire truck as Sgt. Michael Orsillo and Officer Adrian Baez. They suffered injuries not believed to be life-threatening, Garcia said. One was expected to be released Monday while the other will stay in the hospital for observation, she said.

    The fire truck was traveling across the runway to respond to a United Airlines flight, whose pilot had reported “an issue with odor,” said Garcia.

    It was the first fatal crash at LaGuardia in 34 years, Garcia said.

    There were 72 passengers and four crew members aboard the Jazz Aviation flight operating on behalf of Air Canada, according to the airline. The flight originated at Montreal-Pierre Elliott Trudeau International Airport.

    Hours after the crash, the plane remained on the runway with its crumpled nose tilted upward.

    Department of Transportation Secretary Sean Duffy speaks during a news conference at LaGuardia Airport, Monday, March 23, 2026, after an Air Canada jet collided the night before with a Port Authority firetruck shortly after landing in New York. (AP Photo/Seth Wenig)
    An Air Canada jet and Port Authority fire truck sit on the runway at LaGuardia Airport, Monday, March 23, 2026, after colliding with each other after the jet landed Sunday night in New York. (AP Photo/Seth Wenig)

    LaGuardia has a system to spot runway encounters

    The air traffic controller tried to warn the fire truck.

    “Stop, stop, stop, Truck 1. Stop, stop, stop,” the transmission says. “Stop, Truck 1.” The controller can then be heard frantically diverting an incoming aircraft from landing.

    Air traffic controllers are not impacted by the partial government shutdown that has caused long delays at airport security checkpoints in recent days. They have been affected by past shutdowns.

    The FAA has been chronically short on air traffic controllers for years. Former FAA air traffic control chief Mike McCormick said LaGuardia has not had perennial staffing problems, but the tower would have been lightly staffed during the overnight shift at the time of the crash.

    Graphic: Will Jarrett

    LaGuardia is one of 35 major U.S. airports with an advanced surface surveillance system designed to help keep track of planes and vehicles crossing the airport.

    An alarm heard in the background of the air traffic control audio was likely from the system and would have alerted the tower to the potential collision, McCormick said.

    “It’s an aid in a situation like this,” he said, but the system doesn’t know if someone has given clearance for a vehicle to cross a runway.

    FAA statistics show there were 1,636 runway incursions last year.

  • Slovenia limits fuel purchases as shortages hit pumps amid Iran war impact

    Slovenia limits fuel purchases as shortages hit pumps amid Iran war impact

    Slovenia on Sunday temporarily limited fuel purchases to tackle shortages at the pump caused in part by cross-border fuelling and stockpiling due to the Iran war, raising concerns about security of supplies just as the country goes to the polls. 

    Fuelling at individual service stations has been restricted to 50 litres per day for private vehicles and 200 litres for companies and other priority users such as farmers, Prime Minister Robert Golob announced on Saturday evening.

    The restrictions will stay in force until further notice.

    “Let me reassure you that there is enough fuel in Slovenia, the warehouses are full and there will be no fuel shortages,” said Golob, a liberal who is standing against right-wing populist Janez Jansa in an election on Sunday. 

    Golob said the problem lay in the transportation of fuel to filling stations, and that the army would use tankers to help retailers move supplies. The government also recommended that retailers prepare special measures for foreign drivers, without being specific.

    Petrol, the largest Slovenian oil distribution company in which the state has a 32.3% stake, has seen long queues at its gas stations in recent days due to fuel shortages.

    Many filling stations across Slovenia were closed on Sunday. Those belonging to Hungarian oil and gas group MOL have remained open but had already limited purchases to 30 litres for individuals and 200 litres for companies.

    “Today we didn’t have problems because I have an application where I can check where to tank (fill up),” teacher Tamara Gale Beasinsky, 40, said at a gas station in Ljubljana. “But yesterday we had a problem because we were waiting more than 20 minutes in the queue … and we were able to tank only 30 litres of diesel.”

    At an emergency session on Sunday, the government accused Petrol of failing to eliminate disruptions in fuel distribution and ordered an inquiry into possible violations in fuel trading and the management of critical infrastructure.

    It also called on the Slovenian sovereign wealth fund to request a meeting of Petrol’s shareholders and ask for a special audit of the company’s logistics operations after March 16.

    The government also ordered the interior ministry to submit a report to law-enforcement agencies due to “possible grounds for suspicion” of criminal offences by some Petrol staff.

    Petrol did not reply to Reuters’ requests for comment. It said on Saturday that fuel supplies remain stable and that supply sources are secured, blaming occasional shortages at individual points of sale on increased demand locally.

    (Reporting by Fatos Bytyci, Gaspar Lubej and Branko Filipovic; Writing by Daria Sito-Sucic; Editing by Kirsten Donovan and David Holmes)

  • March 27 could be make-or-break day for U.S. travelers amid Government shutdown

    March 27 could be make-or-break day for U.S. travelers amid Government shutdown

    The ongoing partial government shutdown has sparked long wait times at many airports around the country — and it could get much worse in a week, as Transportation Security Administration workers look set to miss another paycheck on March 27.

    At the same time, the threat of even more delays at airport security checkpoints just might push Democratic and Republican lawmakers into making a funding deal that ends the shutdown, which began Feb. 14 and is hitting only the Department of Homeland Security. The TSA is a part of that agency.

    U.S. lawmakers have March 27 circled on their calendars for another reason as well: It’s the last date that both chambers of Congress are slated to be in session in Washington before starting a two-week break.

    It’s possible top lawmakers won’t let Congress leave town without a funding deal. Senate Majority Leader John Thune, a South Dakota Republican, suggested exactly that on Thursday. “I can’t see us taking a break here in the next week if DHS isn’t funded,” Thune told reporters.

    The problems with airport security come as spring-break season has been hitting or is nearing for universities and school systems across the country, and as many families plan to travel for Easter or Passover.

    Key Democratic and Republican senators huddled with DHS border czar Tom Homan on Thursday, but the meeting didn’t produce a deal. Democratic Sen. Patty Murray of Washington state told reporters that she was glad that the White House took part in the meeting, but said her party and the GOP were still “a long ways apart.”

    Prediction markets aren’t forecasting that the DHS shutdown will end around March 27. Polymarket recently was giving a 72% chance that it would be over after March 31. (Polymarket has a business partnership with Dow Jones, the publisher of MarketWatch.)

    Transportation chief sees airports closing

    TSA agents who run security checkpoints at airports have been skipping work because they’re missing out on paychecks while still being required to report for duty. That has led to longer-than-expected security lines at a number of busy airports, such as those in Atlanta and Houston, albeit not at all airports.

    TSA workers got a partial paycheck on their Feb. 27 payday, then they missed their first full paycheck on March 13. They could miss another full paycheck on March 27.

    U.S. Transportation Secretary Sean Duffy warned in a CNBC interview on Thursday that the next missed paycheck could lead to many more TSA agents not coming to work.

    “They’re about to miss another payment. This is going to look like child’s play, what’s happening right now,” Duffy said. “You’re going to see small airports, I believe, shut down. You’re going to see extensive lines.”

    About 10% of TSA employees have called out of work, Duffy said Thursday, which is five times the normal callout rate. “It’s getting worse day by day,” he said, adding that TSA agents’ starting salaries are about $45,000 to $55,000 a year.

    As a result of staffing shortages, passengers have faced TSA wait times stretching for nearly three hours at certain airports. At points during the shutdown, New Orleans’ main airport encouraged travelers to get to the airport three hours before their flight, while passengers in Houston were advised to arrive as many as five hours early.

    On Friday morning, LaGuardia Airport in New York urged travelers to get to the airport early due to long security wait times. The airport has “deployed additional customer-care staff into terminals to help manage queues, assist passengers and keep people moving as efficiently as possible,” the Port Authority of New York and New Jersey, which operates New York City-area airports, told MarketWatch.

    National deployment officers from the TSA were deployed to Houston’s Hobby Airport on March 10, and they continue to assist with staffing shortages as of Friday afternoon, an airport spokesperson confirmed.

    The TSA did not immediately respond to a request for comment.

    The U.S. Travel Association and many industry partners, including airlines and hotel operators, sent a letter to the top four U.S. lawmakers on Thursday calling for pay for TSA agents. “Forcing these dedicated officers to work without pay — yet again— is not only unfair, it’s reckless. The security of travelers and the country is at stake,” the letter said.

    What caused this partial shutdown

    The latest partial government shutdown has hit because Democrats and Republicans in Washington remain at odds over potential reforms to the Trump administration’s immigration enforcement practices. Only the Department of Homeland Security is getting left high and dry, but that’s still significant given its arms include the TSA, the Federal Emergency Management Agency and the U.S. Coast Guard.

    closure that ran from Jan. 31 through Feb. 3 ended thanks to a bipartisan spending package that provided funding only through Feb. 13 for DHS — which manages Immigration and Customs Enforcement, or ICE — while negotiations continued over the reforms.

    ICE and Customs and Border Protection are expected to weather the partial shutdown without much trouble. That’s because they scored big increases in funding in last year’s One Big Beautiful Bill Act, the giant Republican tax and spending law.

    Heightened calls for reforms to ICE and CBP practices come after the fatal shootings of Renée Good and Alex Pretti in Minneapolis by federal agents in January.

    Investors usually don’t have to worry that much about partial government shutdowns, as U.S. stocks typically aren’t hurt by them. Equities have been dropping this month, but that’s largely been blamed on soaring oil prices  due to the conflict with Iran. The S&P 500 ended up gaining 2.4% and hitting new records during last fall’s record-breaking government shutdown, which lasted 43 days.

  • California GOP candidate seizes over 650,000 ballots, sparking election probe controversy

    California GOP candidate seizes over 650,000 ballots, sparking election probe controversy

    Riverside County Sheriff Chad Bianco, a leading Republican candidate for governor, has seized more than 650,000 ballots from last November’s election to determine, he says, whether they were fraudulently counted.

    “This investigation is simple: Physically count the ballots and compare that result with the total votes recorded,” Bianco said at a news conference Friday.

    The unusual probe drew a sharp rebuke from California Atty. Gen. Rob Bonta, who said in a statement that it is “unprecedented in both scope and scale” and appears “not to be based on facts or evidence.”

    Critics, meanwhile, said Bianco’s ballot seizure is a threat to democracy and another attempt by Republican election deniers to disenfranchise voters.

    “There is no indication, anywhere in the United States, of widespread voter fraud,” Bonta said. “Counts, recounts, hand counts, audits, and court cases all support this.”

    According to Bonta’s office, Bianco’s department on Feb. 26 seized about 1,000 boxes of ballot materials in Riverside County related to the November election for Proposition 50, which temporarily redrew the state’s congressional districts to favor Democrats in response to partisan redistricting in Republican states, including Texas.

    In a March 4 letter to Bianco, Bonta said the seizure of the ballots “sets a dangerous precedent and will only sow distrust in our elections.” He threatened to seek legal recourse if Bianco does not halt his investigation.

    Bonta also said he has “serious concerns” about whether Bianco had probable cause to obtain two warrants for the election materials and questioned whether Bianco had concealed important information from the magistrate judge who approved the warrants.

    Bianco said his investigators are looking into allegations by a local citizens group that “did their own audit” and found that the county’s tally was falsely inflated by more than 45,000 votes — a claim that local election officials have rejected. He said that it’s his constitutional duty to investigate a potential crime and that he is not trying to change the election results.

    Proposition 50 passed in Riverside County with 56% of the vote — a margin of more than 82,000 ballots. Statewide, it passed with about 64% of the vote and a margin of more than 3.3 million ballots.

    Bianco’s investigation comes as President Trump, who remains fixated on his 2020 election loss, continues to amplify election conspiracy theories and has repeatedly called for the federal government to “nationalize” state-run elections to counter what he says is widespread fraud.

    Bonta and California Secretary of State Shirley Weber, both Democrats, have vowed to fight federal interference that could affect voting in California, including efforts to seize election records, as the FBI recently did in Georgia.

    Bianco is an outspoken Trump supporter who said in an endorsement video in 2024 that, after 30 years of putting criminals in jail, he figured it was “time to put a felon in the White House — Trump 2024, baby” — referencing Trump’s conviction by a New York jury for falsifying business records while paying hush money to a porn actor.

    His investigation, which includes all the ballots cast in Riverside County in November, raises questions about how he would handle the election denialism movement if elected governor.

    A poll released last week by UC Berkeley’s Institute of Governmental Studies and co-sponsored by The Times showed Bianco and conservative commentator Steve Hilton leading the crowded field of gubernatorial candidates by slim margins, with the Democratic vote split among multiple candidates in a left-leaning state.

    Kim Nalder, a political science professor and director of the Project for an Informed Electorate at Sacramento State, said that Bianco’s ballot seizure is “the sort of thing that should not happen in a healthy democracy.”

    The system has plenty of safeguards, she noted, including county registrars and the California Fair Political Practices Commission.

    “It’s terrifying, honestly, that the jurisdiction over ballots and election processes and recounts should even be in question and that a sheriff should feel himself entitled to seize ballots,” she said.

    On Saturday, former Los Angeles Mayor Antonio Villaraigosa, a Democratic candidate for governor, said that Bianco appeared to be chasing “MAGA stardom” and called his investigation “a dangerous abuse of power and no different from what we’re seeing from Donald Trump and the extreme Republican efforts to disenfranchise voters nationally.”

    A citizens group called the Riverside Election Integrity Team has said it performed an audit finding that 45,896 more ballots were counted than were cast.

    In a lengthy February presentation to the Riverside County Board of Supervisors, Registrar of Voters Art Tinoco disputed that figure, saying it was based on a misunderstanding of raw data that had not been fully processed.

    The actual discrepancy, Tinoco said, was 103 votes, a variance of 0.016%.

    Bianco on Friday said that there “is no acceptable error, small or large, in our elections.”

    The sheriff did not name the Riverside Election Integrity Team, but his description of the allegations brought to him by “a group of citizen volunteers” matched theirs.

    Bianco said the investigation was “not a recount” for Proposition 50 and was “just as much to prove the election is accurate as it is to show otherwise — we will not know until the count is complete.”

    Bonta said his office has “attempted to work cooperatively” with the Sheriff’s Department to understand the basis for the probe. The sheriff, Bonta said, “has delayed, stonewalled, and otherwise refused to work with us in good faith” and failed to provide most of the requested documents.

    David Becker, executive director of the Center for Election Innovation & Research and a former senior trial attorney overseeing voting enforcement for the Department of Justice’s Civil Rights Division, said Bianco is spreading “false claims” about a fair election that was decided by a huge margin.

    Becker questioned how warrants could have been issued for the ballots, “given that this likely implicates California laws requiring election officials to maintain chain of custody of all election materials for many months after an election.”

    “For transparency, the Sheriff should share all affidavits and evidence offered in support of the warrant, as well as details about how/where the ballots are being stored,” he said in an email.

    Bianco has said the warrants are now sealed.

    In his March 4 letter, the attorney general criticized Bianco’s plan to use Sheriff’s Department staffers, “who are not trained and have no experience,” to count the ballots.

    At his news conference Friday, Bianco fired back by calling Bonta “an embarrassment to law enforcement.”

    Nalder, the Sacramento State professor, said vote counting is a more sophisticated, rigorous and regulated process than most people realize.

    “That’s why any rando off the street can’t be asked to do something as delicate as counting ballots,” she said. “And law enforcement officers are trained in a very different way. It’s not their area of expertise.”

    A Riverside County Superior Court judge, Bianco said, has ordered the appointment of a special master to oversee the ballot count.

    In a statement Friday, Secretary of State Weber said “the Sheriff’s assertion that his deputies know how to count is admirable. The fact remains that he and his deputies are not elections officials and they do not have expertise in election administration.”

  • Left-wing candidates set to retain control in Paris and Marseille Mayoral races

    Left-wing candidates set to retain control in Paris and Marseille Mayoral races

    Paris, France – France’s two largest cities are set to remain firmly under leftist control following Sunday’s municipal run-off elections, with pollsters projecting Socialist victories that underscore the persistent grip of open-border globalists on urban France. In Paris, outgoing Mayor Anne Hidalgo’s deputy, Emmanuel Grégoire, defeated right-wing challenger Rachida Dati, extending the Socialist Party’s quarter-century dominance over the capital.

    In Marseille, incumbent leftist mayor Benoît Payan comfortably beat far-right candidate Franck Allisio, dashing hopes of a breakthrough for Marine Le Pen’s National Rally (RN) in the country’s second city.

    These outcomes, while disappointing for conservatives who hoped for a shift toward sovereignty and law-and-order, highlight a troubling reality: France’s major cities continue to serve as magnets for mass immigration, particularly from Muslim-majority countries and sub-Saharan Africa, fueling crime, cultural erosion, and social strain that conservative voices have long warned about.

    Low turnout—only 57%, the worst in recent memory outside the COVID-disrupted 2020 vote—suggests widespread disillusionment among French voters who feel their concerns about unchecked migration are ignored by both establishment leftists and a fragmented right.

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    Grégoire, 48, hailed the result as Paris “staying true to its history,” but for many conservatives this means continuing Hidalgo’s legacy of lax policies that have turned parts of the City of Light into no-go zones plagued by migrant tent encampments, street crime, and parallel societies. Dati, a former Sarkozy minister, had positioned herself as a tougher alternative, but Parisian voters—shaped by decades of socialist governance and demographic change—opted for continuity.

    In Marseille, Payan’s re-election further entrenches leftist control in a city long overwhelmed by immigration-related challenges, including drug trafficking, gang violence, and integration failures. The far right’s inability to capitalize on widespread public frustration with these issues points to deeper problems within the conservative movement: fragmented messaging and failure to connect with working-class voters tired of seeing their neighborhoods transformed.

    The elections, watched closely as a barometer ahead of next year’s presidential race to succeed Emmanuel Macron, delivered mixed signals. Centrist Édouard Philippe held Le Havre, positioning himself as a potential anti-RN contender. The RN secured a hold in Perpignan but fell short in Toulon and Nîmes, where a Communist candidate prevailed. Overall, the far right’s limited gains reflect voter hesitation despite legitimate grievances over mass migration’s impact on housing, welfare systems, and national identity.

    From a pro-conservative, anti-immigration standpoint, these results are a wake-up call. Socialist victories in Paris and Marseille will likely accelerate policies that prioritize migrants over native French citizens—more asylum approvals, sanctuary-like practices, and reluctance to deport criminal elements.

    Black and Muslim immigrant communities, often concentrated in these urban centers, have been linked to disproportionate rates of certain crimes and social tensions, a reality mainstream media and leftist politicians refuse to address honestly. Deportation of illegal entrants and failed asylum seekers remains the only sustainable path to restoring order and preserving France’s cultural heritage.

    A village of canvases spreads out as far as the eye can see on the median of Avenue de Flandre, in the 19th arrondissement of Paris. (AFP)
    A village of canvases spreads out as far as the eye can see on the median of Avenue de Flandre, in the 19th arrondissement of Paris. (AFP)

    Pro-sovereignty conservatives argue that without bold action—mass deportations, strict border controls, and an end to socialist-enabled demographic replacement—cities like Paris and Marseille will become unrecognizable, serving as warnings for the rest of Europe and America. The low turnout suggests many Frenchmen have given up on the ballot box, but the underlying discontent with open-border policies will not disappear.

    As France heads toward presidential elections, these municipal results reinforce the urgent need for a genuine conservative alternative that prioritizes French citizens first, enforces immigration laws rigorously, and rejects the failed multicultural experiment pushed by both socialists and establishment centrists.

    For full projections and analysis, see France 24 coverage here. Le Monde on Paris results. BBC News

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  • Iranian missile strikes hit Israeli towns, causing panic and widespread damage

    Iranian missile strikes hit Israeli towns, causing panic and widespread damage

    Sheltering from an Iranian missile attack on his town in southern Israel on Saturday, 17-year-old Ido Franky heard “terrifying” blasts like nothing he had experienced before.

    An Iranian missile hit Franky’s town of Arad, hours after another struck Dimona — home to a nuclear facility — wounding dozens and leaving entire apartment blocks with heavy damage.

    Franky rushed to shelter with his family as air raid sirens sounded, warning of an incoming attack.

    “There was a ‘boom, boom!’, my mother was screaming,” he said near the impact site, where an Agence France-Presse correspondent saw three damaged buildings and firefighters reported a blaze.

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    “This was terrifying… this town had never seen anything like this,” the teenager told Agence France-Presse.

    Israel’s Magen David Adom emergency medical service said 84 wounded people were taken to hospitals from the Arad scene, including 10 in serious condition.

    In the early hours of Sunday, dozens of people were still at the site, taking photos or calling friends and family to share details of the destruction, even as police warned residents on loudspeakers not to approach.

    [video src="https://newyorkbudgets.com/wp-content/uploads/2026/03/Drone-footage-shows-damage-to-two-Israeli-cities-after-Iranian-missile-strikes-The-New-York-Budgets-Video.mp4" /]

    Security forces patrolled the streets with flashlights while rescuers searched the rubble to ensure all casualties had been recovered.

    A crater around of around five metres (16 feet) was left amid the bombed-out buildings.

    Police spokesman Dean Elsdunne told AFP that “the operation will take a few hours” before authorities can clear the scene and ensure all residents are accounted for.

    An earlier missile attack hit the town of Dimona, about 25 kilometres (16 miles) southwest of Arad.

    Dimona hosts a facility widely believed to possess the Middle East’s sole nuclear arsenal, although Israel has never confirmed possessing nuclear weapons.

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    Israel has maintained a policy of ambiguity about its nuclear programme, and the plant officially focuses on research.

    The missile fell about five kilometres away from the facility, leaving about 30 people wounded according to rescuers.

    Online videos showed the missile engulfed in a ball of fire, crashing into the ground.

    AFP footage showed heavy damage to an apartment building, next to a crater formed in the ground. Two structures have collapsed with debris including concrete blocks littering the area.

    Israeli Prime Minister Benjamin Netanyahu said it was “a very difficult evening in the battle for our future”.

    “We are determined to continue striking our enemies on all fronts,” Netanyahu told Arad’s mayor, according to a statement from the prime minister’s office.

    The strike on Dimona -- home to a nuclear facility -- wounded dozens and left entire apartment blocks with heavy damage. (Jorge NOVOMINSKY)
    The strike on Dimona — home to a nuclear facility — wounded dozens and left entire apartment blocks with heavy damage. (Jorge NOVOMINSKY)

    Military spokesman Brigadier General Effie Defrin wrote on X that “air defence systems operated but did not intercept the missile, we will investigate the incident.”

    Israeli media have shared footage from Arad and Dimona, capturing scenes that have replayed across the country in attacks since the war began on February 28 with US-Israeli air raids on Iran.

    In security camera footage aired by Israeli networks, people could be seen being thrown to the ground by the force of the blast as glass windows shatter.

    Iranian missile attacks since the start of the war have killed 15 people in Israel as well as four Palestinian women in the occupied West Bank.

    While not the deadliest, Saturday’s hits on Dimona and Arad were among the Iranian attacks to have inflicted the greatest damage in Israel.

    The launches came even as the United States and Israel keep pounding targets across Iran and say they have degraded the Islamic republic’s capabilities.

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  • Iran threatens to target Middle East energy and water infrastructure amid U.S. escalation warning

    Iran threatens to target Middle East energy and water infrastructure amid U.S. escalation warning

    Tehran has said it will “irreversibly destroy” essential infrastructure across the Middle East, including vital water systems, if the US follows through on Donald Trump’s threat to “obliterate” Iran’s power plants unless the strait of Hormuz is fully opened within two days.

    As Iranian missiles struck two southern Israeli cities overnight, injuring dozens of people, and Tehran deployed long-range missiles for the first time, the developments signalled a dangerous potential escalation of the war, now in its fourth week, with both sides threatening facilities relied on by millions of people.

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    The speaker of the Iranian parliament, Mohammad Bagher Ghalibaf, said on Sunday that vital infrastructure in the region – including energy and desalination facilities – would be considered a legitimate target and would be “irreversibly destroyed” if his country’s own infrastructure was attacked.

    Amnesty International said this month there was a substantial risk that attacks on systems providing essential services such as electricity, heating and running water would violate international law and “in some cases could amount to war crimes” because of the potential for “vast, predictable, and devastating civilian harm”.

    The Iranian military’s operational command headquarters, Khatam al-Anbiya, said Iran would strike “all energy, information technology and desalination infrastructure” belonging to the US and Israel in the region.

    The statement also said that if Trump’s threat was carried out, the strait of Hormuz would be “completely closed, and will not be reopened until our destroyed power plants are rebuilt”.

    Iran’s president, Masoud Pezeshkian, said “threats and terror” were “only strengthening Iranian unity”, while the “illusion of erasing Iran from the map” showed “desperation against the will of a history-making nation”.

    Guardian graphic. Source: Global Water Intelligence, desaldata.com

    The US president said on Saturday that he was giving Iran 48 hours – until shortly before midnight GMT on Monday – to open the strait of Hormuz, a vital pathway for the world’s oil flows, or the US would “hit and obliterate” Iranian power plants “starting with the biggest one first”.

    The US ambassador to the UN, Mike Waltz, defended Trump’s threat on Sunday, insisting that Iran’s Islamic Revolutionary Guard Corps (IRGC) controlled much of the country’s infrastructure and used it to power its war effort.

    He said Trump would start by destroying one of Iran’s largest power plants, but did not identify it. “There are gas-fired thermal power plants and other type of plants,” and “the president is not messing around”, he said.

    A No 10 spokesperson said Keir Starmer spoke to Trump on Sunday evening about the need to reopen the strait of Hormuz.

    Iran’s representative to the International Maritime Organisation, Ali Mousavi, said on Sunday that the strait was open to all shipping except vessels linked to “Iran’s enemies”, with passage possible by coordinating security arrangements with Tehran.

    Iranian attacks have in effect closed the narrow strait, which carries about a fifth of global oil and liquefied natural gas supplies, causing the world’s worst oil crisis since the 1970s and sending European gas prices surging by as much as 35% last week.

    Only a relatively small number of vessels, estimated at about 5% of the prewar volume, from countries that Tehran considers friendly – including China, India and Pakistan – have been allowed to pass.

    A Tehran billboard featuring a portrait of the late supreme leader Ayatollah Ali Khamenei. (AFP/Getty Images)
    A Tehran billboard featuring a portrait of the late supreme leader Ayatollah Ali Khamenei. (AFP/Getty Images)

    More than 2,000 people have been killed in Iran since 28 February, when the US and Israel began their attacks, and Tehran in turn has struck targets in Israel and the Gulf states. Lebanon was drawn in after Iran-backed Hezbollah attacked Israel.

    Air raid sirens sounded across Israel from the early hours of Sunday morning, warning of incoming missiles from Iran after scores of people were injured overnight in two separate attacks on the southern towns of Arad and Dimona.

    The Israeli army said on Sunday morning that it would strike Tehran in retaliation. The country’s prime minister, Benjamin Netanyahu, said during a visit to Arad that senior IRGC commanders would be pursued.

    “We’re going after the regime. We’re going after the IRGC, this criminal gang,” he said. “We’re going after them personally, their leaders, their installations, their economic assets.”

    The Iranian health ministry spokesperson, Hossein Kermanpour, said patients had been evacuated from the Imam Ali hospital in the south-west city of Andimeshk on Sunday after an airstrike a day earlier.

    Bomb damage in Arad, Israel. (Amir Levy/Getty Images)
    Bomb damage in Arad, Israel. (Amir Levy/Getty Images)

    Israel’s military said it had not been able to intercept the missiles that hit Dimona and Arad, the nearest large towns to the country’s nuclear centre in the Negev desert, which houses what is widely believed to be the Middle East’s only nuclear arsenal.

    Israel has never admitted to possessing nuclear weapons, insisting that the site is for research. The strikes marked the first time that Iranian missiles had penetrated Israel’s air defence systems in the area.

     

    The strikes wounded about 200 people, including a 12-year-old boy and a five-year-old girl, both reported to be in a serious condition. The Israeli broadcaster Channel 13 reported early indications of possible deaths but there was no official confirmation.

    [video src="https://newyorkbudgets.com/wp-content/uploads/2026/03/Drone-footage-shows-damage-to-two-Israeli-cities-after-Iranian-missile-strikes-The-New-York-Budgets-Video.mp4" /]

    Iran said the attacks had been launched in response to a strike on its main nuclear enrichment facility at Natanz on Saturday. Israel denied responsibility for the attack and the Pentagon declined to comment.

    In Tel Aviv, 15 more people were injured on Sunday morning in a separate incident involving a cluster bomb. The attacks are adding to mounting pressure on Israel’s air defence systems as Iranian strikes increasingly test their limits.

    The World Health Organization said that the war was at a “perilous stage” and called for restraint. “Attacks targeting nuclear sites create an escalating threat to public health and environmental safety,” the WHO director general, Tedros Adhanom Ghebreyesus, said.

    Tehran also fired long-range missiles for the first time on Saturday, the Israeli military chief, Eyal Zamir, said. Two ballistic missiles with a range of 2,500 miles (4,000km) were fired at the US-British Indian Ocean military base at Diego Garcia, he said.

    Guardian graphic

    The British cabinet minister Steve Reed said one missile had fallen short and the other had been intercepted. There was no assessment backing claims that Iran was planning to strike Europe, he said.

    The Israel Defense Forces had said Iran had missiles that could reach London, Paris or Berlin, but Reed said he was not aware of any assessment at all that Iran was even trying to target Europe, “let alone that they could if they tried”.

    He said in a separate interview that Trump had been “speaking for himself” when he threatened to obliterate Iran’s power plants.

    Analysts said Trump’s threat had placed “a 48-hour ticking timebomb of elevated uncertainty” over energy and financial markets, with a “black Monday” of plunging stock markets and surging energy prices looming unless it was rowed back.

    Guardian graphic

    At least six overnight attacks targeted a US diplomatic and logistics centre at Baghdad airport, Iraqi officials said, while Saudi Arabia said three missiles had been detected over Riyadh. The UAE said it had responded to Iranian missile and drone attacks.

    In southern Lebanon, Israel said its military had raided Hezbollah sites on Sunday and killed 10 of the group’s fighters. It said it was expanding its ground campaign in Lebanon, warning of a lengthy operation. Hezbollah said it had attacked several border areas in northern Israel. One person was killed in an Israeli kibbutz, emergency services said.

    At least 10 Palestinians were injured on Sunday night in attacks in the occupied West Bank by Israeli settlers who rampaged through nearby villages after holding a funeral for a settler killed in a car crash a night earlier.

    Videos obtained by the Associated Press appeared to show cars and homes set ablaze as army flares lit up the sky near the village east of Nablus and next to the Israeli settlement of Elon Moreh.

    Three Turkish nationals, including a soldier, and three Qatari service personnel were killed when a helicopter crashed in Qatar’s territorial waters, the country’s defence ministry said on Sunday.

    According to an academic analysis seen by Reuters, an interceptor missile that injured dozens of civilians in Bahrain 10 days into the war was probably fired by a US-operated Patriot air defence battery.

    Manama and Washington have blamed an Iranian drone attack for the explosion on 9 March, which Bahrain has said injured 32 people including children, some of them seriously.

  • China positions itself as ‘Harbour of Stability’ to global CEOs amid U.S.–Iran tensions

    China positions itself as ‘Harbour of Stability’ to global CEOs amid U.S.–Iran tensions

    China sought to woo global chief executives including Apple’s Tim Cook, UBS’s Sergio Ermotti and HSBC’s Georges Elhedery in Beijing on Sunday, touting the country’s safety and reliability in stark contrast to a US bogged down in war with Iran.

    Premier Li Qiang told more than 70 chief executives gathered in the Diaoyutai State Guesthouse for the government’s annual Davos-style forum that the world’s second-largest economy offered an unmatched supply chain and a predictable commercial environment.

    The country was committed to being a “cornerstone of certainty” and a “harbour of stability” in the face of rising trade protectionism and upheaval in the rules-based international order, said Li.

    “China will unswervingly promote high-level opening up to the outside, import more high-quality foreign goods and work with all parties to promote the optimised and balanced development of trade, jointly expanding the global economic and trade pie,” he told the audience.

    The conference, the China Development Forum, is held every year in late March after the meeting of the country’s rubber-stamp parliament. It acts as the leadership’s vehicle for pressing its talking points on global CEOs.This year, Beijing is selling its latest five-year economic plan to 2030 as an opportunity for foreign investment. “Li didn’t name America . . . but the message is clear that China is now safer, more reliable and stable, and more focused on economic development rather than conflicts,” said George Chen, a partner at the Asia Group consultancy who was present at the meeting.📊 More Business
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    The conference comes amid widening concern over China’s huge trade surplus, which hit a record $1.2tn last year. In Europe, there are worries that low-cost Chinese imports are eliminating jobs. The five-year plan largely doubles down on China’s manufacturing-oriented high-tech industrial policy, raising fears of an even greater shock to western factories. People’s Bank of China governor Pan Gongsheng defended the country’s exports in a speech on Sunday about global economic “rebalancing”. Pan rejected the claim that China’s competitiveness was a result of government subsidies, attributing it to economic reforms, the size of its domestic market and the strength of its supply chains and research. Without naming the US, he described some countries’ persistent trade deficits as being the result of “an international monetary system dominated by a single sovereign currency”.

    Apple chief executive Tim Cook spoke about opportunities in China at the forum on Sunday. (Qilai Shen/Bloomberg)
    Jeanine Pirro takes aim at the ruling by James Boasberg on Friday. (Reuters)

    Other business leaders on the invitee list this year include Siemens’ Roland Busch, Volkswagen’s Oliver Blume, SK Hynix’s Kwak Noh-jung, Nestlé’s Philipp Navratil, Mercedes-Benz’s Ola Källenius, KKR’s Joseph Bae, Cargill’s Brian Sikes, Standard Chartered’s Bill Winters and Boston Consulting Group’s Christoph Schweizer. US executives were well represented this year, accounting for 45 per cent of invitees, according to an analysis by Han Shen Lin of the Asia Group. Europeans made up 36 per cent with the remainder from Asia, Australia and elsewhere. Financial services dominated, accounting for about 22 per cent of invitees, while those from the energy sector were only about 4 per cent. Apple chief executive Cook delivered a speech after Li on opportunities in education and other areas in China.

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    Unlike in the previous two forums, President Xi Jinping is not expected to meet top executives this year, according to a person familiar with the matter. Asia Group’s Chen said Li’s speech was the most confident he had seen in recent years, though the premier refrained from directly criticising US President Donald Trump. Trump, who recently postponed a meeting expected on April 1 with Xi in Beijing, is still widely expected to be planning a visit this year. On Saturday evening, vice-premier He Lifeng, the economic tsar running trade negotiations with the US, held a dinner with a group of mostly European executives to tout the country’s five-year plan. The executives mostly praised China and talked up their own companies, said one of the people present at the dinner, but there was some discussion of Chinese overcapacity and the risks for European industry.