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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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USAID Headquarters Seized: Staff Barred as Lease Is Transferred to GSA

In a dramatic turn of events on Monday, scores of USAID staffers were turned away from their decades-old Washington, D.C. headquarters after officials confirmed that the Trump administration had stripped the agency of its lease. When employees arrived to retrieve personal belongings and report for duty, they encountered tightly controlled entry measures—a front desk officer admitted only a pre-approved list of fewer than 10 names was permitted inside, while tarps obscured the agency’s interior signage.

According to multiple reports, the building’s lease has now been handed over to the General Services Administration (GSA), which plans to repurpose the space for other federal uses. This abrupt move is part of a broader effort by the Trump administration, with backing from billionaire Elon Musk’s Department of Government Efficiency, to dramatically downsize USAID. Critics argue that such measures are not only intended to cut what the administration deems “wasteful” spending, but also to realign U.S. foreign aid policies with an “America First” agenda.

The chaos unfolding at USAID headquarters comes amid a series of legal and administrative challenges. While a federal judge temporarily blocked an order that would have placed thousands of USAID staffers on administrative leave and imposed a 30-day deadline for overseas workers to return to the United States, the blockage did not extend to the headquarters lockout. Consequently, many employees reported confusion over conflicting emails and notices issued over the past weekend regarding access to the office, with some staffers stating they were simply told to “go” without further explanation.

As the situation continues to evolve, aid organizations and USAID officials warn that the disruption could jeopardize critical life-saving programs abroad—from emergency food and water assistance to health initiatives in some of the world’s most vulnerable regions.


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