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Mojtaba Khamenei’s Rise Sparks Market Turmoil as Hardliners Mobilize

People attend a gathering to support Iran's new supreme leader Mojtaba Khamenei, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 9, 2026.  Iran’s hardline factions mounted a powerful show of support for newly appointed Supreme Leader Mojtaba Khamenei , rallying across Tehran in a display that signaled a tightening of conservative control and diminished hopes for de-escalation in the Middle East.  The demonstrations, marked by mass gatherings and imagery linking Mojtaba to his late father, Ayatollah Ali Khamenei, underscored the regime’s consolidation at a moment of heightened regional conflict.  Analysts warn that the hardliners’ unified backing suggests Iran is unlikely to soften its stance amid ongoing tensions with the U.S. and Israel. Global markets reacted sharply. Fears that prolonged instability could further disrupt energy supplies sent oil prices soaring and triggered steep declines in major stock indices. With one of the most significan...
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Southern U.S. Paralyzed by Record Snowfall: Thousands of Flights Cancelled

 

Thousands of flights were cancelled and travel was severely disrupted across the southern United States as a major winter storm brought the region's largest snowfall in almost four years.

The storm, which began on Thursday, drew Arctic air from the north and a surge of Gulf moisture from the south, creating a potent low-pressure system that blanketed states from Texas to the Carolinas with heavy snow. 

In Arkansas, the small town of Mena reported the highest snowfall total with 36 cm of snow, while Little Rock saw 20 cm, doubling its average annual snowfall. The historic snowfall also ended a 1,076-day snowless streak in Charlotte, North Carolina.

Air travel was heavily impacted, with nearly half of all flights into and out of Atlanta cancelled on Friday.The storm also caused significant highway delays and power outages in northeastern Texas and southwestern Arkansas.

As the storm continues to move through the southeast and Mid-Atlantic states, more disruptions are expected, with a swath of 5-15 cm of snow forecasted across the western Carolinas and southern Virginia.




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