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Here’s a quick recap of the crypto landscape for Friday (March 28) as of 9:00 p.m. UTC.

Bitcoin and Ethereum price update

Bitcoin (BTC) is currently trading at US$83,780.06, a 3.7 percent decrease over the past 24 hours. The day’s trading range has seen a low of US$83,609.35 and a high of US$85,503.88.

Bitcoin performance, March 28, 2025.

Chart via TradingView.

Deribit’s US$16 billion Bitcoin options expiry on Friday had US$75,000 max pain, down from the projected US$85,000, and a 0.58 put/call ratio. There was a high amount of call option open interest at the US$100,000 strike price.

Bitcoin’s subsequent decline indicates post-expiry market adjustments.

Ethereum (ETH) is priced at US$1,875.25, a 6.4 percent decrease over 24 hours. The cryptocurrency reached an intraday low of US$1,866.54 and a high of US$1,900.19.

Altcoin price update

  • Solana (SOL) is currently valued at US$129.44, down 6.9 percent over the past 24 hours. SOL experienced a low of US$129.17 and a high of US$131.56 on Friday.
  • XRP is trading at US$2.18, reflecting a 6.9 percent decrease over the past 24 hours. The cryptocurrency recorded an intraday low of US$2.16 and a high of US$2.22.
  • Sui (SUI) is priced at US$2.49, showing a 9.7 percent decrease over the past 24 hours. It achieved a daily low of US$2.49 and a high of US$2.56.
  • Cardano (ADA) is trading at US$0.6961, reflecting a 5.2 percent decrease over the past 24 hours. Its lowest price on Friday was US$0.66925, with a high of US$0.7031.

Crypto news to know

SEC onboards Musk’s DOGE team members

Reuters reported that the US Securities and Exchange Commission (SEC) has begun onboarding members from Elon Musk’s Department of Government Efficiency (DOGE) team.

“Our intent will be to partner with the DOGE representatives and cooperate with their request following normal processes for ethics requirements, IT security or system training, and establishing their need to know before granting access to restricted systems and data,” said an email to SEC staff, according to Reuters.

Atkins questioned at Senate confirmation hearing

SEC nominee Paul Atkins testified before the Senate Banking Committee on Thursday (March 27).

During the hearing, he was questioned by Senate lawmakers regarding the sale of his consulting firm, Patomak Global Partners, which advised bankrupt cryptocurrency exchange FTX.

“Your clients pay you north of US$1,200 an hour for advice on how to influence regulators like the SEC, and if you’re confirmed, you will be in a prime spot to deliver for all those clients who’ve been paying you millions of dollars for years,” said Senator Elizabeth Warren during the hearing. She also requested that he disclose the firms potential buyers, whom she suggested may “buying access to the future chair of the SEC.’

Atkins said he will abide by the process of government ethics, but did not directly answer Warren’s question.

Senator John Kennedy also grilled Atkins about whether he will pursue the parents of FTX founder Sam Bankman-Fried, who Kennedy alleges may have been involved in and profited from his business affairs. Kennedy said if his position with the SEC is confirmed, he would “pounce on you like a ninja” to investigate the matter further.

UAE set to launch Digital Dirham CBDC

The United Arab Emirates is moving forward with its central bank digital currency (CBDC) plans, announcing that the Digital Dirham will be launched for retail use by the last quarter of 2025, the Khaleej Times reported.

The Central Bank of the United Arab Emirates has developed an integrated Digital Dirham platform that will support retail, wholesale and cross-border transactions.

The CBDC will be accessible through licensed financial institutions, including banks, fintech firms and exchange houses, and will be accepted alongside physical cash across all payment channels.

This initiative follows the United Arab Emirates’ efforts to regulate stablecoins and aligns with global trends, as countries like China, Russia and Sweden also push forward with CBDC pilot programs.

The United Arab Emirates’ Digital Dirham is expected to enhance financial security, streamline transactions and provide regulatory oversight beyond what private stablecoins can offer.

UK regulator plans to enforce stricter crypto authorization regime

The UK’s Financial Conduct Authority (FCA) announced that it will introduce a new authorization framework for crypto firms in 2026, significantly increasing regulatory scrutiny in the sector.

Under the proposed ‘gateway regime,’ crypto companies, including major exchanges such as Coinbase and Gemini, will need to obtain authorization to operate beyond existing anti-money laundering (AML) requirements.

The FCA has been tightening its oversight, with only 50 out of 368 applicants successfully registering under its AML framework since 2020. Upcoming consultations will define which crypto activities require authorization, with a focus on stablecoins, trading platforms and staking services.

Industry participants have just over a year to prepare for these stricter compliance measures, which are expected to reshape the regulatory landscape for digital assets in the UK.

BlackRock expands Bitcoin ETP to Europe

BlackRock has launched its iShares Bitcoin exchange-traded product (ETP) in Europe, making it available on major exchanges like Xetra, Euronext Amsterdam and Euronext Paris.

This expansion is a significant milestone for institutional Bitcoin adoption in the region, following the success of BlackRock’s US-based iShares Bitcoin Trust ETF, which has accumulated over US$49 billion in assets.

However, analysts believe that demand for the European ETP will be more muted, citing differences in market structure, investor appetite and regulatory clarity.

While Bitcoin exchange-traded funds (ETFs) in the US have benefited from deep institutional participation, the European market is still developing. Experts suggest that BlackRock’s entry into Europe could encourage further institutional involvement, but widespread adoption may take time as regulatory frameworks evolve.

Nasdaq files to list Grayscale’s spot Avalanche ETF

Nasdaq is seeking permission from the SEC to list Grayscale Investments’ spot Avalanche ETF. The proposed AVAX ETF would be a conversion of Grayscale Investments’ close-ended AVAX fund launched in August 2024, which currently holds around US$1.76 million worth of assets under management.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

This week brought a fresh set of challenges to the tech sector, beginning with an announcement from the US Bureau of Industry and Security on Tuesday (March 25) of new export restrictions targeting 80 companies across Asia and the Middle East, impacting some of Big Tech’s key customers.

Consumer confidence weakened, further dampening market sentiment.

This was evidenced by the release of the Conference Board’s Consumer Confidence Index report on Tuesday, and the University of Michigan’s consumer sentiment survey, released on Friday (March 28).

Also on Friday, the latest US personal consumption expenditures price index data showed underlying inflation rising by 0.4 percent, renewing concerns over stagflation.

Combined, the latest data weighed on equities, and tech stocks led a broad market selloff on March 28 (Friday).

NVIDIA (NASDAQ:NVDA) ended the week 8.52 percent lower from its opening price on Monday (March 24), Meta Platforms (NASDAQ:META) logged losses of 6.22 percent and Microsoft (NASDAQ:MSFT) declined by 4.2 percent.

Meanwhile, Apple’s (NASDAQ:AAPL) share price pulled back by a modest 1.41 percent for the week.

Tesla (NASDAQ:TSLA) saw its price stage a bit of a recovery, ending the week 2.12 percent above Monday’s opening price, while other automotive companies like Ford Motor (NYSE:F) and General Motors (NYSE:GM) nursed losses following US President Donald Trump’s implementation of a 25 percent tariff on all auto imports.

Here’s a look at other key events that made tech headlines this week.

1. BYD shares Q4 results, Tesla sentiment improves

BYD (OTC Pink:BYDDF,SZSE:002594), China’s top car brand, reported its fourth quarter results on Monday, with net profits totaling 15 billion yuan (US$2.1 billion), a 73.1 percent increase compared to the previous year, and revenue growth of 52.7 percent to 274.85 billion yuan (US$37.89 billion) for the same period.

Looking ahead, BYD expects to ship up to 5.5 million vehicles in 2025.

The company also said this week that 500 of the approximately 4,000 super-fast charging stations needed to support its electric vehicle (EV) infrastructure in China will be ready by April.

These projections from BYD come as rival EV maker Tesla staged a partial comeback this week after suffering a roughly 25 percent decline in its share price earlier this month.

Investor sentiment may have been lifted by analysis from CFRA Research analyst Garrett Nelson, who said Tesla is the “least exposed” to Trump’s sweeping 25 percent automobile tariffs, announced on Wednesday (March 26).

According to Nelson, Tesla, which builds its cars in the US, stands to benefit from a projected reduction in consumer choices coupled with an increase in the prices of foreign-made vehicles.

“There are very few winners,” Sam Fiorani, vice president of global vehicle forecasting for AutoForecast Solutions, said in an interview with Bloomberg. “Consumers will be losers because they will have reduced choice and higher prices.”

Analysts are projecting that Trump’s auto tariffs could severely impact the economy.

“I think yesterday’s [tariff announcement on automobiles] is a bigger deal than the market is making it out to be,’ Ajay Rajadhyaksha, global chairman of research at Barclays, told CNBC on Thursday (March 27). ‘I think it reduces the risk that April 2 is something that markets can dismiss,’ he added. ‘I think we will be negatively surprised.’

2. Big Tech companies make AI advances

This week also saw significant advancements in artificial intelligence (AI) image generation and reasoning with the introduction of enhanced product offerings from some of Big Tech’s most prominent players.

OpenAI released 4o Image Generation to replace DALL-E 3 as the default image generation model for ChatGPT.

According to the company, the model can generate more realistic images than older image-generating models, as well as create lengthy, detailed, and precise text strings within images.

Meanwhile, Microsoft unveiled ‘deep reasoning agents’ for 365 Copilot, powered by OpenAI’s o1 and o3-mini models, featuring ‘agent flow’ for enhanced reliability. Elsewhere, Google’s (NASDAQ:GOOGL) DeepMind introduced Gemini 2.5 Pro, which it claims has superior reasoning capabilities over older iterations and competing models

3. CoreWeave downsizes IPO

CoreWeave’s initial public offering (IPO) journey concluded on Friday, following significant market scrutiny.

The company initially filed for a New York IPO on March 3, targeting a US$4 billion raise and a valuation exceeding US$35 billion. Its filings revealed US$1.9 billion in 2024 revenue but also substantial debt and escalating net losses, reaching US$863 million. This expansion was fueled by US$14.5 billion in debt and equity financing.

On March 20, CoreWeave announced the launch of its IPO, registering 49 million Class A shares with a projected price range of US$47 to US$55. The company was aiming to raise up to US$2.7 billion in an offering led by Morgan Stanley (NYSE:MS), JPMorgan (NYSE:JPM) and Goldman Sachs (NYSE:GS), with 11 other advisers participating. Analysts at CNBC projected the deal would value CoreWeave at US$26.5 billion, although that figure could go as high as US$32 billion.

However, the company opted to decrease the size and price of its IPO, setting levels at US$40 per share for 37,500,000 shares, resulting in a valuation of approximately US$23 billion.

CoreWeave’s lower IPO was due to a confluence of factors that dampened investor enthusiasm, including market conditions and financial concerns. A confidential investor survey reported by the Information found that 90 percent of respondents do not consider CoreWeave a favorable long-term investment.

“One respondent summed up a broader perception about CoreWeave: ‘It’s radioactive, and I think every investor knows that,’” market analyst Cory Weinberg wrote.

4. OpenAI revenue and funding rumors circulate

It was a big week for OpenAI, marked by reports on its expansion and projected financial growth.

According to a Wednesday report from the Information, OpenAI is exploring the construction of its first data center, which would be located in Texas near the Stargate data center site.

Concurrently, Bloomberg cited an anonymous source projecting OpenAI’s revenue to potentially triple to US$12.7 billion this year and reach $29.4 billion in 2026, driven by its paid software plans. Additionally, reports surfaced of a record-breaking funding round worth US$40 billion led by Stargate co-contributor SoftBank Group (TSE:9984). The deal is reportedly near completion and would double OpenAI’s valuation, bringing it near US$300 billion.

These developments emphasize OpenAI’s position as a dominant force in the AI landscape

5. Microsoft reportedly cuts data center plans

Shares of Microsoft closed down on Wednesday after an analyst note from TD Cowen alleged that the tech conglomerate had abandoned plans for new data centers in the US and Europe, citing potential oversupply.

According to Bloomberg, Google and Meta have taken over some of the affected leases, although neither company has responded publicly to the note. In a statement from Microsoft obtained by the publication, the company said “significant investments” have left it “well positioned to meet our current and increasing customer demand.”

“While we may strategically pace or adjust our infrastructure in some areas, we will continue to grow strongly in all regions,” the spokesperson said. “This allows us to invest and allocate resources to growth areas for our future.”

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

President Donald Trump commuted the criminal sentence of Ozy Media founder Carlos Watson on Friday, just hours before Watson was due to begin serving a 116-month prison term for a multi-million-dollar scheme that included falsely claiming the start-up had deals with Google and Oprah Winfrey, a senior White House official said.

Watson had expected to surrender Friday afternoon to the Federal Correctional Institution in Lompoc, California, before he received word of Trump granting him executive clemency, according to a source familiar with the situation.

Trump also commuted the sentence of one year of probation imposed on Ozy Media for the defunct news and entertainment company’s conviction in the same case.

Trump’s actions remove the criminal penalty imposed on Watson and Ozy.

Watson, 55, was convicted at trial in Brooklyn federal court last July of conspiracy to commit securities fraud, conspiracy to commit wire fraud, and aggravated identity theft. He was sentenced in December.

In February, a federal judge ordered Watson and Ozy to pay almost $60 million in forfeiture and more than $36 million in restitution.

Watson’s defense attorney, Arthur Aidala, declined to comment Friday when contacted by CNBC.

A spokesman for the Brooklyn U.S. Attorney’s Office, which prosecuted Watson, also declined to comment on the commutation of his sentence.

Glenn Martin, a criminal justice reform advocate, in a tweet on Friday wrote, “We did it,” above a photo of him and Watson.

“President Trump commuted the sentences of Ozy Media and Carlos Watson hours before his surrender,” the tweet said.

″@CarlosWatson is not going to prison today,” Martin wrote.

“First and foremost, thank God for His grace, mercy and the power of redemption. A very special note of appreciation to @AliceMarieFree,” he added, referring to his fellow criminal justice reform advocate Alice Marie Johnson.

“Your advocacy, compassion, and relentless pursuit of fairness have made this moment possible for people like Carlos.”

When Watson was sentenced, then-Brooklyn U.S. Attorney Breon Peace said, “Carlos Watson orchestrated a years-long, audacious scheme to defraud investors and lenders to his company, Ozy Media, out of tens of millions of dollars.”

Prosecutors said that Watson and his co-conspirators between 2018 and 2021 defrauded investors by misrepresenting Ozy’s financial performance, its ongoing business relationships and its acquisition prospects, as well as its contract negotiations.

Ozy abruptly shut down in October 2021, after The New York Times reported that the company’s chief operating officer, Samir Rao, had impersonated a YouTube executive on a conference call with Goldman Sachs.

The investment bank was considering a $40 million investment in Ozy at the time.


This post appeared first on NBC NEWS

Communities across the Australian state of Queensland are bracing for more rain after record-breaking floods cut off roads and inundated vast areas of the region’s outback.

Several areas in western Queensland have recorded their worst flooding in 50 years after days of heavy rainfall engorged rivers and forced residents to evacuate.

“This flooding situation is expected to continue not just for the next few days but likely for the coming weeks, as huge flood peaks make their way slowly downstream,” Australia’s Bureau of Meteorology said in an update on Thursday.

As of Friday, flood warnings remained in place for parts of central and south Queensland, as more rainfall is expected to lash the state through the weekend as the weather system moves southeast.

“This isn’t regular wet season rain,” Queensland Premier David Crisafulli told reporters Friday. “We are dealing with an event that is at unprecedented levels in many of these communities.”

The townships of Jundah, Stonehenge and Windorah saw water levels exceed those of historic 1974 floods, according to public broadcaster ABC.

Crisafulli pledged support for the state as it faces a “crisis” when it comes to the impacts on agriculture, with stock losses potentially in the “hundreds of thousands.”

Queensland has been battered by several severe storms this year that have wrought havoc.

In early March, tropical storm Alfred battered Australia’s heavily populated east coast, lashing the region with damaging winds and heavy rain for several days as hundreds of thousands of homes in southeast Queensland and northern New South Wales lost power.

Alfred was the most southerly cyclone to threaten the region since Tropical Cyclone Zoe in 1974.

Earlier in the year, floodwaters triggered by record rainfall along a 735-kilometer (456-mile) stretch of Queensland killed at least one person and put thousands of residents in low-lying coastal suburbs and towns under evacuation orders. Nearly a summer’s worth of rain fell on large parts of the state’s northern area in just a few days.

Intense rain events are getting heavier and more frequent as the world warms due to fossil fuel pollution and the consequences of the climate crisis worsens extreme weather.

This post appeared first on cnn.com

Editor’s Note: Warning: This article contains descriptions of torture.

Saman Yasin thought he was leaving prison. It was 5 a.m. and the guards had just told him to pack up his belongings. But the next thing he knew, he was blindfolded with a noose around his neck.

“I could tell that they had brought in a cleric, and he was reciting the Quran over my head… and he kept telling me ‘Repent, so that you go to heaven.’”

Yasin spent two years in Iran’s jails for his involvement in the “Woman, Life, Freedom” protests in 2022, during which he joined street demonstrations and recorded anti-regime songs.

The months-long uprising was sparked by the death of 22-year-old Iranian-Kurdish woman Mahsa Amini in September that year after she was arrested for allegedly not observing Iran’s mandatory hijab law.

Yasin, whose legal name is Saman Sayedi, was arrested in October 2022 and is among many artists who were prosecuted in connection with the movement.

He was initially sentenced to death after being charged with the Islamic Republic’s crime of “waging war against God” by pulling out a gun during an anti-government protest, firing three bullets into the air, and “gathering and colluding with the intention to carry out a crime against national security,” according to the Iranian judiciary’s Mizan news agency. Yasin denies the charges.

Both Amnesty International and the UN’s Independent International Fact-Finding Mission on Iran say that 10 men have been executed in relation to the insurrection sparked by Amini’s death.

Yasin was one of dozens of protesters who appeared in what rights groups described as sham trials based on forced confessions extracted under torture.

Iran’s Supreme Court later overturned Yasin’s death sentence on appeal, and his sentence was eventually set at five years. In the summer of 2023, the artist managed to release an audio message from prison, shared by a Kurdish rights organization, in which he first alleged being abused by the authorities as they attempted to extract a confession.

Now, he is able to describe his ordeal in far greater detail as he recovers in Germany, and earlier this month testified before a UN human rights commission in Geneva, Switzerland.

“Physically, the torture I endured has changed me tremendously – there are still lasting effects. I developed a lot of trauma after prison,” he said. The words “Nothing can stop me” are tattooed in English on one of his wrists.

Yasin had long been writing what he describes as “protest music” about social injustice and hardship in Iran.

In his song “Haji,” written and released months before being arrested, he sang:

“I stood tall with pride. Yet they banned my voice. They forbade my happiness. They hung me upside down like a sacrificial animal.”

Those lyrics were to foreshadow the torture he says was inflicted by Iranian authorities after his arrest.

‘They call it the morgue’

“They inserted a pen into my left nostril and then forcefully hit it from below. I passed out from the pain, and when I woke up, I was covered in blood,” he said.

Then there was the underground cold room inside the Evin prison compound, which Yasin says interrogators told him “doesn’t even exist on the map.” He believes it’s in a building that belongs to Iran’s Ministry of Intelligence.

“I heard from the other prisoners that they call it the morgue because the temperature is so low,” he said. “It is freezing cold.”

His testimony is consistent with the findings of a two-year investigation into the 2022 crackdown by the UN’s fact-finding mission. It said the Iranian government “consistently refuted allegations of torture,” but did not indicate whether allegations had been investigated or why they had been dismissed. The UN report also found that the alleged crimes were committed “in furtherance of a state policy.”

A daring escape from Iran, and the cost of freedom

In late October 2024, after two years in prison, Yasin was released on medical furlough. About a month later he had nasal surgery and was recovering at home when the phone rang unexpectedly. The authorities were ordering him to go back to prison, five months earlier than expected.

But he didn’t go back. “I thought to myself, I can’t just sit here and do nothing,” the rapper said. “If I left the country, first of all, it would spare my family from even more suffering because of me. And second of all, if I was on the outside, I could be a voice for the people, I could do something meaningful and take a step forward for them.”

“When I got to the very top, the pressure was too much – my nose started bleeding, and I passed out,” he said. “By some miracle, I made it into Iraq.” From there, with the help of NGOs and a German politician, he was able to travel to Germany.

Now he finds himself starting from scratch in Berlin on a special humanitarian visa, a struggling artist with dreams of making it in America. Loneliness and being far from family are taking a toll, but he’s trying to make terms with the cost of freedom.

“In those early days, even though the atmosphere was terrifying, and the repression aimed at silencing people was intense, there was still a scent of freedom in the air,” he said.

“After prison, I feel like I have a huge responsibility toward the people. I have much greater expectations of myself – to be their voice… that means everything to me.”

This post appeared first on cnn.com

The Israeli military struck southern Beirut on Friday for the first time since November, after Israel said that two projectiles had been fired from Lebanon.

The Israel Defense Forces (IDF) said it “struck a terrorist infrastructure site used to store UAVs by Hezbollah’s Aerial Unit (127) in the area of Dahieh, a key Hezbollah terrorist stronghold in Beirut.”

The IDF said Hezbollah “systematically embeds its terrorist infrastructure amidst the Lebanese civilian population, a clear example of Hezbollah’s cynical exploitation of Lebanese civilians as human shields.”

Shortly before the strikes, the IDF issued evacuation orders to Lebanese residents in a neighborhood in southern Beirut.

“To everyone located in the building marked in red on the map, as well as the surrounding buildings: you are in close proximity to Hezbollah-affiliated facilities,” the IDF said. “For your safety and the safety of your families, you must evacuate these buildings immediately and move at least 300 meters away, as indicated on the map.”

The area is home to a number of schools. The Lebanese government suspended classes on Friday after Israel’s evacuation order, telling “all students, teachers, and administrative staff” to leave the area, according to Lebanon’s state news agency NNA.

According to an Israeli official, Israeli Prime Minister Benjamin Netanyahu, Defense Minister Israel Katz and other officials were convening Friday for a security assessment about Lebanon.

The Israeli military said two projectiles were fired at Israel from Lebanon Friday, triggering warning sirens along the border and testing the shaky ceasefire between Israel and Hezbollah. In response, Katz had said that Kiryat Shmona in northern Israel and Lebanon’s capital Beirut “will be treated the same.”

“If there is no peace in Kiryat Shmona and the Galilee communities, there will be no peace in Beirut either,” he said, according to a statement from the defense ministry.

Hezbollah has denied involvement in rockets fired from southern Lebanon at Israel on Friday, saying it is committed to the ceasefire agreement.

Tensions have risen in the region in recent weeks following the most significant eruption of violence between Israel and the Iran-backed militant group since a ceasefire signed four months ago brought an uneasy calm to the border.

The ceasefire between Israel and Hezbollah in November brought a significant reduction in violence following more than a year of cross-border strikes and months of a full-scale war.

Israel has conducted dozens of strikes, mostly in southern Lebanon on what it calls Hezbollah targets, since the ceasefire.

This is a developing story and has been updated.

This post appeared first on cnn.com

British police raided a Quaker meeting house in London on Thursday and arrested six women attending a meeting on climate change and the war in Gaza, according to a statement from Quakers UK.

“No-one has been arrested in a Quaker meeting house in living memory,” said Paul Parker, recording clerk for Quakers in Britain, according to the statement.

“This aggressive violation of our place of worship and the forceful removal of young people holding a protest group meeting clearly shows what happens when a society criminalizes protest,” Parker added.

Quakers, a nickname for members of the Religious Society of Friends, follow a religious tradition that originally grew from Protestant Christianity in the 17th century.

Quakers have a long history of supporting protest movements and non-violence is one of their core beliefs.

This is a developing story and will be updated.

This post appeared first on cnn.com

The first time he flew his cargo plane through the clouds over his hometown of Kabul, Tauheed Khan swelled with pride.

During the US-led, 20-year war against the Taliban, Afghan Air Force pilots played a key role alongside American counterparts, some carrying out strikes that inflicted heavy casualties on the hardline Islamists.

That coalition ended in August 2021, when foreign troops withdrew and Kabul fell to the Taliban.

Khan now finds himself in neighboring Pakistan with his young family, fearing that they could be killed if they return to an Afghanistan now under the grip of the very forces he fought against.

Worsening their plight, anti-migrant policies in both Washington and Islamabad mean time is running out to find a safe alternative, including a looming deadline at the end of this month.

The war, which began with the US invasion in 2001 following the September 11 attacks, devastated Afghanistan’s civilian population, which is still recovering.

The ousting of the Taliban by the US-led coalition led to profound changes, including a return of democracy and significant improvements for Afghanistan’s women. But war and instability raged across swathes of the nation, especially in rural areas.

Tens of thousands were killed. Civilian losses escalated to 5,183 dead in the first six months of 2021, as the US began to pull out from Afghanistan and depend further on the Afghan military. A five-year study published by the United Nations in 2021 showed that 785 children died from US and AAF airstrikes over that period.

As the US finally pulled out, the Afghan army and government collapsed, allowing Taliban fighters to sweep back into power. Afghans affiliated with the former government are “most at risk” from the new Taliban administration, according to a report published by Human Rights Watch.

HRW and the United Nations have documented “extrajudicial killings, enforced disappearances, arbitrary arrests and detention, and torture and other ill-treatment” of Afghans who were in the security forces.

‘Pilots risk everything’

Khan’s friend, 37-year-old Khapalwaka is equally terrified. A trained aviation engineer, he worked as part of the AAF’s intelligence, surveillance, and reconnaissance program. His job involved clearing out civilian areas before they were targeted by US drone strikes.

He said he was assigned the task by his superiors, something he had often protested. “I soon became a target of the local Taliban faction,” said Khapalwaka, who had to move house every “three to four months” for safety reasons, even before Kabul fell.

Now selling wood by the roadside to feed his family, Khapalwaka – who, like Khan, was speaking under a pseudonym – said he’s concerned the Taliban could reach him in Pakistan too. “I know that they have contacts here, that they could target me here if they wanted… I just want to get out of here, so my daughters have a chance to be educated.”

The Afghan Taliban denied that former pilots were at risk if they returned.

The US embassy in Islamabad did not respond to a request to comment.

Left in limbo

Khan sat in a small room of his tiny apartment in a non-descript Islamabad building. Bedspreads shrouded windows as makeshift curtains, but slivers of sunlight poked through, making harsh blotches on the faces of his small children, who slept tucked together in frayed blankets on the floor, oblivious to the sound around them.

The youngest child was awake and constantly jumping on Khan’s lap as he spoke of the life he left behind.

In the chaos that ensued after the US withdrawal, Khan got to Pakistan in March 2022. He arrived legally and on foot, following the advice of a US pilot who had been one of his trainers.

Since then, Khan said, there has been “silence.”

In the past two months, White House policy has moved in a less predictable, more anti-migrant direction under President Donald Trump, throwing into doubt the prospects for Afghans such as Khan.

Tens of thousands of Afghans have already been caught in limbo due to other Trump administration executive orders suspending the US refugee admissions program and the suspension of foreign aid funding for flights of Afghan Special Immigrant Visa (SIV) holders. According to #AfghanEvac, at least 2,000 Afghans who had previously been approved to resettle in the US are currently in limbo.

March 31 deadline for Afghans in Pakistan

And the days of Pakistan offering at least relative safety may be numbered.

Home to one of the world’s largest refugee populations – most of them from Afghanistan – Pakistan has not always welcomed the foreigners, subjecting them to hostile living conditions and threatening deportation over the years.

According to the UN refugee agency, more than 3 million Afghan refugees, including registered refugees and more than 800,000 undocumented people, are living in Pakistan.

Islamabad has been cracking down on Afghan refugees since October 2023. It had shown leniency towards Afghans awaiting settlement elsewhere, but that changed after an announcement this February that it would repatriate “Afghan nationals bound for 3rd country resettlement,” by March 31.

That deadline will arrive on the Muslim festival of Eid al-Fitr, which ends the holy month of Ramadan. It is a time of celebration, feasting and gift-giving, but for Jawad Ahmed, a former Black Hawk helicopter pilot with the AAF, it feels like “all days are melting into one”.

“I was known in my hometown as someone who worked with the US military and I was a military man myself,” said Ahmed, whose name has also been changed at his request to protect his identity.

He arrived in Pakistan legally and was in limbo for two years. He said he interviewed with US immigration officers in May of 2024 and had his medical interview on January 10 at the US embassy. Since then, like many others including Khan, Ahmad has heard nothing from any US embassy official.

Ahmed spoke of seeing Pakistani police “whisk away” his Afghan neighbors, with an increase in raids over the last two months. His children are “overwhelmed with fear and terror.”

‘Death, difficulties and horrors’

But returning to Afghanistan could be even worse, according to Ahmed. “Only death, difficulties and horrors await us there” he said.

Ahmed’s family in Afghanistan have adopted new names and identities for their safety, eking out a life in a new province.

“Nobody knows about me where they are, nobody knows that they had a son, that they had a brother, in their new world it’s as if I never existed.”

He repeatedly asks for his message to be shared with President Trump and the US government.

“You trained us, we were there for you in a difficult time, we stood shoulder to shoulder with you,” said Ahmed. “We don’t have options in Pakistan, what can we do, please for the love of God get us out of here. We don’t have a life here; we are choking with fear.”

A serving US air force pilot, who asked to remain anonymous, has been assisting Afghan pilots they served alongside.

While serving soldiers have had some success helping families escape to the US, they still “fear for” their Afghan counterparts stuck in Pakistan and other countries and have “anxiety about their current situation and their future,” the pilot said.

Abandoning former partners, according to Vandiver of #AfghanEvac, sends a “chilling message to future US allies – whether in Ukraine, Taiwan, or elsewhere – that partnering with the US is a death sentence once the war ends.”

“China, Iran, North Korea, and Russia are going to eat our lunch because of this.”

A spokesperson for the US embassy said it remains in close communication with Pakistan on the status of Afghan nationals seeking resettlement in America.

As Eid approaches, Tauheed Khan and his friendship group of 27 Afghan pilots and engineers stuck in Islamabad, dream of eating meat to end their fast, of access to education for their children, of new clothes, a better home to live in with proper beds and of a way out.

“We are scared we will be dragged out,” says Khan. “We are under too much pressure, we don’t know what’s going to happen.”

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Anxious loved ones waited outside a twisted mass of metal and concrete in the heart of Thailand’s capital on Saturday as rescuers searched for dozens of missing workers and the city confronted the aftermath of a rare and powerful earthquake that set skyscrapers swaying and rattled millions of residents.

Friday’s 7.7-magnitude quake struck hundreds of miles away in impoverished Myanmar, but was strong enough to send shock waves through the forest of high-rise condominiums, shopping malls and offices of central Bangkok, sending water spilling from infinity pools and buckling carriages on the city’s rail network.

In Myanmar some 700 people have been confirmed killed so far and more than 1,600 injured, according to the isolated country’s military government, with the United States Geological Survey (USGS) estimating the final toll there could surpass 10,000 people according to early modeling.

At least 10 people have died in Bangkok, its deputy governor said, sending shock waves of a different kind through a city that sits on no major tectonic fault.

‘I kept calling’

The ground zero of the devastation in the Thai capital is an under-construction 30-story skyscraper next to the sprawling Chatuchak weekend market popular with the millions of foreign tourists that visit the city each year.

Early Saturday the loved ones of those feared buried under the mountain of broken pillars, rubble and steel sat on plastic chairs at the edge of the excavation site, watching diggers claw through the debris.

“I kept calling, but it was unsuccessful. All I kept hearing was the continuous toot… toot… of a busy signal,” she said.

“I feel like there’s a lump in my stomach, and I have no appetite to eat. I’m worried about my mom and sister still being stuck inside since yesterday. Nowhere to be found.”

She said she had spoken to her sister on Friday morning before they left for work.

“I asked her what she would have for lunch,” she recalled.

In a city where deep inequalities are on stark display, many of Bangkok’s construction workers hail from poorer parts of Thailand, especially its less wealthy northeast, as well as from neighboring Laos, Cambodia and Myanmar.

The collapsed structure was being built by a subsidiary of the China Railway No. 10 Engineering Group, itself a subsidiary of the state-owned China Railway Engineering Corporation (CREC), one of the world’s largest construction and engineering contractors, according to a now-deleted social media post by the group.

The Italian-Thai Development Public Company Limited was also involved in the project, according to Chinese state media report from 2021.

In a post on its official WeChat account on April 2, 2024, China Railway No. 10 Engineering Group celebrated the completion of the building’s main structure on March 31, 2024.

When completed, the 137-meter building was to serve as the office of Thailand’s State Audit Office and other related government agencies, the company said in the post.

Broken skybridge

Elsewhere across the Southeast Asian megacity, glitzy glass-and-steel buildings home to expensive real estate swayed and groaned when the quake hit, showering dust onto the ground.

A bridge connecting two high-rise apartment buildings in an upmarket neighborhood broke during the quake, video showed.

Other videos showed the contents of rooftop infinity pools – a popular status symbol of Bangkok’s well-heeled – sloshing off the sides of towering apartment blocks onto the street below.

Bangkok has expanded at a breakneck pace, with high-rise condos and gleaming skyscrapers shooting up in recent decades.

When the tremors began, Bella Pawita Sunthornpong thought she was experiencing a moment of lightheadedness, “because I was seeing everything was swaying.”

She grabbed her phone and started running down from the 33rd floor, telling others around her to run too. As she made her way out of the building, she said, ceiling paint was falling and everything was still swaying.

“I was thinking, you know, whatever happened, I just need to keep running until I hit the ground,” Pawita Sunthornpong said.

Engineers were rushing Saturday to assess nearly 1,000 reports of “structural concerns” across the city. Authorities said buildings would be graded – green for safe, yellow for buildings with some damage which are usable with caution, and red indicating severe damage requiring closure.

Fresh misery for war-torn Myanmar

The worst damage has taken place hundreds of miles away across the border in Myanmar, a nation far less well equipped to deal with such a large disaster.

The quake struck near Myanmar’s second most populous city, Mandalay, home to historic temple complexes and palaces.

Reuters video from near Mandalay showed a multi-story building collapsing in on itself as the quake hit, sending around a dozen saffron-robed monks ducking for cover.

The city, home to around 1.5 million people, is normally popular with foreign tourists.

But a civil war has raged across the country since the military took power in 2021, ousting civilian leader Aung San Suu Kyi and ending a 10-year experiment with democratic rule.

Swathes of the country lie outside the control of the junta and are run by a patchwork of ethnic rebels and militias, making compiling reliable information extremely difficult.

The epicenter was recorded in Sagaing region, which borders Mandalay and has been ravaged by the war, with the junta, pro-military militia and rebel groups battling for control and all running checkpoints, making travel by road or river extremely difficult.

Having largely shut the country off from the world during four years of civil war, Min Aung Hlaing – the leader of Myanmar’s military government – issued an “open invitation to any organizations and nations willing to come and help the people in need within our country,” adding the toll was likely to rise.

Several aid agencies said they are mobilizing ground operations.

But the military – which has ruled Myanmar for most of its history since independence from Britain in 1948 – has a long and troubled track record of struggling to respond to major natural disasters, and in the past has granted humanitarian access, only to rescind it later.

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According to a high-level Ecuadorian official familiar with the planning, construction of a new naval facility in the coastal city of Manta is part of that preparation, with barracks-style housing and administration offices designed to support sustained operations and US military personnel. The official requested anonymity because they were not authorized to speak publicly.

Ecuadorian President Daniel Noboa has made no secret of his desire for foreign boots on the ground as gangs unleash terror across the country – a request he is expected to reiterate this weekend. Noboa is set to meet Trump in Florida on Saturday to discuss immigration, trade and “security cooperation.”

Noboa told the BBC he wants the US, Brazil and European nations to join his war on gangs. During an interview in early March, the president claimed Ecuador is dealing with “international narco-terrorist” groups and that his country needs the “help of international forces.” In a local radio interview, he said his government was “already in talks” to receive foreign military support for provinces such as Guayas, known for high crime, but did not specify which countries were involved in the talks.

“We have a plan in place with our law enforcement agencies, the Ministry of the Interior, the Ministry of Defense, the armed forces, the Strategic Intelligence Center, and international assistance and support from special forces. That’s essential,” he told Guayaquil’s Radio City.

Noboa’s efforts are heavily dependent on April’s presidential runoff as he’s set off to face leftist candidate Luisa Gonzalez, who opposes the presence of any foreign force in the country.

The rapid pace of construction in Manta, the official said, reflects how soon Ecuador hopes international help might arrive.

The projects are supported by the United States, documents appear to show, and a US representative was present at the signing of the agreement, the Ecuadorian official said.

One rendering for a floating dock, dated August 2024, is labeled “Southcom Floating Dock,” an apparent reference to the US Southern Command, also known as Southcom. Another rendering, dated June 2024, has the US State Department’s International Narcotics and Law Enforcement (INL) logo and the project name of “Equipped Containers for the Ecuador’s Antinarcotics Special Unit and the DEA” and describes the project as an “international collaboration with the US Embassy.”

Plans for these projects have continued under the Trump administration. On March 26, Ecuador’s government announced several US-backed investments “paused due to geopolitical factors” are resuming in the country, with hundreds of thousands of dollars earmarked for construction of a pier and DEA-linked base.

There is precedent; the last time US troops operated here was from 1999 to 2009, at the now-defunct Manta Air Base. Back then, they ran surveillance flights targeting drug routes in the eastern Pacific.

Noboa has also publicly asked the Trump administration to designate Ecuadorian armed groups as terror organizations, as it has already done for several organized crime groups in the region. Such a designation could potentially empower the US government to use military force abroad in combatting the groups.

From ‘island of peace’ to a country on edge

Ecuador now has the highest homicide rate in Latin America, according to InSight Crime – recording nearly twice as many killings as Mexico. The surge is fueled by drug trafficking routes, turf wars, and alliances between local gangs and foreign cartels.

Despite the sweeping operations, many officials admit the violence feels more like it’s being managed than curtailed. Still, dozens of arrests were made.

“Cartels, gangs and other transnational criminal organizations in our part of the world are engaging in a wide array of illicit activity, from narcotics trafficking to money laundering, smuggling of illegal immigrants and human trafficking, which endanger the health, welfare and safety of everyday Americans,” Director of National Intelligence Tulsi Gabbard said during her testimony before the Senate Select Committee on Intelligence on Tuesday.

Ecuador’s location – flanked by the world’s top cocaine producers, Peru and Colombia – and its deep-water ports make it a key transit point for narcotics. But its vulnerability goes beyond geography.

The dollarized economy and historically loose visa policies make it easy for criminal networks to move money and people. And corruption, experts say, greases the wheels.

“It’s widespread and far-reaching,” said James Bargent of InSight Crime. “Corruption is rampant from low-level police to the upper echelons of political power, and this facilitates trafficking and provides protection to the criminal groups involved.”

In Durán, one of the country’s most violent cities, Police Chief Roberto Santamaria acknowledged corruption among police. He said they sometimes employ random polygraph testing and check bank accounts for unusual activity to try to root out corrupt officers.

Seeking global backing

Noboa has framed his crackdown as both a domestic fight and a global plea for help. Ahead of the runoff election set for April 13, he has positioned himself as a hardliner on security. In January, he and his wife were seated front and center at Trump’s inauguration, applauding as the president vowed to fight cartels and restore “law and order.”

Unlike Mexican President Claudia Sheinbaum, who has firmly rejected foreign troops’ involvement against cartels in her country, Noboa is actively seeking it. His face-to-face meeting with Trump this weekend is expected to be his most direct appeal yet for US backing.

Before leaving for Florida, Noboa also addressed Ecuador’s improving ties with the US on Friday. “We’re one of the few countries where cooperation programs are being resumed,” Noboa said to Radio Centro. “We are working on security, on providing jobs so that people don’t leave. And the US has honored that relationship.”

Ecuador’s efforts aren’t limited to government partnerships. This month, Noboa announced a “strategic alliance” with Erik Prince, the founder of the private military firm formerly known as Blackwater.

The partnership – which Noboa described as part of his plan to fight narcoterrorism and illegal fishing – was met with sharp criticism inside Ecuador, including from a former Army commander who warned of turning to a “mercenary army.” Still, it signals how far Noboa is willing to go to bring in outside support.

“They’re helping with training in urban warfare … and bringing new technology,” Noboa said Friday, speaking on Prince’s involvement. “They’ve operated in a dozen countries – including the US.”

For Noboa, foreign support isn’t a distant hope – it’s a strategy already in motion. Ecuador is expanding military infrastructure, clearing political hurdles, and making its case to the region, to its citizens, and now, directly to the United States.

Whether that help arrives – or arrives soon – remains to be seen.

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