The last best chance to break Tehran’s grip
A convergence of strength between the US, Israel, and the Gulf offers a narrow window of opportunity.
A convergence of strength between the US, Israel, and the Gulf offers a narrow window of opportunity.
Secretary of Defense Pete Hegseth spoke unapologetically about causing “death and destruction from the sky all day long” in Iran at a press briefing Wednesday. “We’re playing for keeps. Our warfighters have maximum authorities granted personally by the president and yours truly. Our rules of engagement are bold, precise, and designed to unleash American power, not shackle it,” Hegseth said, attempting to speak menacingly. “This was never meant to be a fair fight, and it is not a fair fight. We are punching them while they’re down, which is exactly how it should be.”Hegseth: Flying over their capital. Death and destruction from the sky all day long. We're playing for keeps. Our warfighters have maximum authorities granted personally by the president and yours truly. Our rules of engagement are bold, precise, and designed to unleash American… pic.twitter.com/tD2R9E7A3J— Acyn (@Acyn) March 4, 2026Is Hegseth hinting at a planned U.S. takeover of the country? That would require ground troops and billions more tax dollars. The Trump administration hasn’t ruled it out, worrying some members of Congress. On top of that, Hegseth proudly crowed Monday that this war with Iran has “no stupid rules of engagement, no nation-building quagmire, no democracy-building exercise, no politically correct wars,” meaning that “playing for keeps” doesn’t mean a proper transition of power.Through Hegseth, the Trump administration is saying that it doesn’t care about civilian casualties, war crimes, or any kind of well-being for the Iranian people. It’s more bravado and machismo, making the “shock and awe” of the Iraq War of the early 2000s seem quaint by comparison. In fact, Hegseth’s references to a quagmire suggest that the U.S. will not be treating Iran like Iraq—there’s no plan or regard for what Iran will look like after the bombing ends. Instead, the goal is to level Iran, human rights be damned.
African financial markets have been hit by foreign investors selling off assets as they flee perceived risk and retreat to the dollar, weakening local currencies.
The country’s largest bank by assets hopes to boost its balance sheet for lending to small and medium-sized businesses.
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It marks an escalation in an ongoing power struggle between the president and the prime minister.
The government has removed a fixed peg for the naira currency, while the central bank has resolved a backlog of forex obligations.
The move is part of a push to bridge affordability gaps that limit access to digital services on the continent.