Mark Chadbourn

It’s all a matter of degrees.

Telegraph sold for £575m as German buyer elbows out Daily Mail Axel Springer, owner of Bild and Die Welt, agrees all-cash deal for one of UK’s oldest newspapers

Slap in the face for the Daily Mail. Axel Springer owns Europe’s biggest paper, Bild, as well as Die Welt, Politico and Business Insider.

Vg!

Dana Bash • @DanaBashCNN X.com 1/7 I just got off the phone with President Trump where he rated the war with Iran at a 12 or 15 out of 10. He told me, "We're doing very well militarily - better than anybody could have even dreamed."

Sometimes the level of stupidity is too much. It’s like listening to the permanently drunk guy at the end of the bar.

Thank you.

Donald J. Trump C @realDonaldTrump + There will be no deal with Iran except UNCONDITIONAL SURRENDER! After that, and the selection of a GREAT & ACCEPTABLE Leader(s), we, and many of our wonderful and very brave allies and partners, will work tirelessly to bring Iran back from the brink of destruction, making it economically bigger, better, and stronger than ever before. IRAN WILL HAVE A GREAT FUTURE. "MAKE IRAN GREAT AGAIN (MIGA!)." Thank you for your attention to this matter! President DONALD J. TRUMP

Unconditional surrender without ground troops. Right.

US stock futures all down ahead of markets opening. Brent Crude up to $84.72.

The U.S. labor market lost 92,000 jobs in February — The Washington Post In February the labor market lost 92,000 jobs, and economists are monitoring for signs that the labor market could be on the rebound.

America isn’t working. New jobs figures show 92,000 jobs lost in February.

The unemployment rate is now up to 4.4%. Employment down in nearly every sector.

* the cost to US businesses from soaring energy prices
* the warflation that consumers will soon be seeing at the checkout and gas pump.

So far the aim of the war seems to be ensuring Trump’s legacy as the president who “solved” “the Iran problem”.

Worth it?

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We seem to have settled on a figure for the direct cost to the US of the Iran War - one billion dollars a day. I haven’t seen the calculations and I’m always wary of round numbers but it’s something we can work with.

That figure doesn’t include:

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Russia is providing Iran intelligence to target U.S. forces, officials say — The Washington Post The targeting information has included the locations of American warships and aircraft in the Middle East, the officials said.

Not quite sure what it will take for MAGA to see Putin as an enemy.

Iran War Update 3 Events from the last 24 hours

Where we are now.

No oil tankers have passed through the Strait of Hormuz in the last 24 hours, Bloomberg reports.

bsky.app/profile/szab...

Qatar's energy minister has warned that war in the Middle East could "bring down the economies of the world", predicting that all Gulf energy exporters would shut down production within weeks and drive oil to $150 a barrel. Saad al-Kaabi told the FT that even if the war ended immediately it would take Qatar "weeks to months" to return to a normal cycle of deliveries following an Iranian drone strike at its largest liquefied natural gas plant. Qatar, the world's second-largest producer of LNG, was forced to declare force majeure this week after the strike at its Ras Lattan plant. While Qatar only exports a small proportion of its gas to Europe, the energy minister said the continent would feel significant pain as Asian buyers outbid Europeans for whatever gas is available on the market, and as other Gulf countries find themselves unable to meet their contractual obligations.

The Iran War could “bring down the economies of the world”, Qatar’s Energy Minister tells the FT.

Azerbaijan has withdrawn its diplomats from Iran.

Russia sending election operatives to Hungary to prop up Orban, media reports Sergei Kiriyenko, a powerful Kremlin aide, has reportedly been tasked with overseeing the Russian operation in Hungary, applying the same set of methods deployed during Moscow-backed meddling in Moldo...

Russia is sending election operatives to Hungary to prop up Orban. The dirty tricks to support Putin’s puppet in the EU will be off the chart.

UK counterterrorism police have arrested one Iranian and three dual British-Iranian nationals on suspicion of spying for Iran. They allegedly carried out surveillance of the Jewish community.

Nice shot.

Explosions reported in Dubai. (Faytuks)

Israel has been carrying out a “broad-scale wave” of strikes on Lebanon’s capital Beirut while the IDF also launched its 14th wave of attacks on Iran.

The US says strikes on Iran are about to “surge dramatically”.

A man in a dark suit says: I will remind you that these crimes occured at night.

Morning Bluesky.

Bahrain’s Ministry of Interior says two hotels have been hit by Iran in the capital Manama.

Iran has hit the Ali Al-Salem Air Base in Kuwait again.

Truly.

WOKE!

I will continue until he’s gone.

Cooper: “We destroyed over 30 ships.

“We hit an Iranian drone carrier ship, and as we speak it is on fire.”

Cooper: “Ballistic missile attacks have decreased by 90% since day one. Drone attacks have decreased by 83% since day one.”

“We also struck Iran’s equivalent of Space Command.”
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