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OBITUARY - Former Qatar ruler Sheikh Hamad has died. A moderniser, who took power, Hamad was a former leader of Qatar.
Sheikh Hamad Bin Khalifa al-Thani died aged 74. He was a moderniser and a powerful leader who took power in 1995, but broke tradition by handing it over to his son, 18 years later. The Amiri Diwan in Qatar, Qatar's top government body, announced on Sunday that Sheikh Hamad died. The cause of death was not mentioned. It did not mention?the cause of his death. Sheikh Hamad presided in one of the most significant periods of history of the country, driving a fast transformation of the small desert state, which reshaped the economy, global status and political ambition. He was a strong, independent personality who explained in his 2013 speech marking his abdication that he wished for a new generation to take charge "with their innovative thoughts and active energies". Sheikh Hamad was responsible for Qatar's efforts to develop its LNG infrastructure, which allowed the country to export its vast reserves of gas to the global market. This made Qatar one of the largest exporters in the world and laid the foundations of its immense wealth. He founded the?media network Al Jazeera which gave Qatar a voice that was unmatched in Arab politics, and extended its influence beyond the Gulf. He also led the successful bid for the 2022 "soccer World Cup", a move which firmly placed Qatar on the international stage, and accelerated the decade-long infrastructure construction that transformed the capital Doha. LAYING THE GROUNDWORK OF QATAR'S PART AS A PEACE BROKER In his foreign policy, he carved out a role as a peace broker for Qatar. He mediated talks in conflicts ranging from Lebanon to Yemen to Darfur and maintained ties with both the United States - which hosts U.S. Central Command - and?Iran as well as groups that aligned themselves with it. This balancing act laid a foundation for Qatar's role today in the negotiations between the United States, Iran and its allies. Qatar, under Sheikh Hamad, played a prominent role in the Arab Spring of 2011, using its resources and influence to support revolutionary movements and Islamists groups throughout the region. Doha's policy was portrayed as a support for the popular demand for political change. However, critics accused Doha -- and Sheikh Hamad - of backing only factions that aligned to its interests, notably groups connected?to?the Muslim Brotherhood. Sheikh Hamad was at odds with other Gulf monarchs, such as Saudi Arabia and the United Arab Emirates. They viewed these movements negatively and as a threat against regional stability and monarchical authority. Qatar's activism raised its regional profile, but it also?deepened the tensions with neighbours. It left a legacy which continues to influence Gulf politics. COUP AND ATTEMPTED COUNTER COUP Sheikh Hamad abdicated to "ensure a smooth transition" and minimise any discord in a family that has a history of palace intrigue. In 1995, he took power in a bloodless revolution from his father. He survived a counter-coup attempt that analysts attributed to his dad, who had seized power in a similar manner in 1972, by ousting his own cousin. Sheikha Hamad bint Nasser was one of Sheikh Hamad’s most influential partners in Qatar’s modernisation effort. She developed a profile public that was unusual for the wife of a Gulf leader. Sheikha Moza’s influence was boosted by his efforts to reposition Qatar at home and abroad. Sheikh Hamad's political and economic reforms, which reshaped the trajectory of the country, were accompanied by parallel initiatives in education, social development, and research. The emir was 44 when he took over as the leader of the region. He was seen as being less distant than other Gulf Arabs leaders and would often be found in his favourite café at Doha's souq talking to the customers. (Writing by Michael Georgy, Andrew Mills and Emelia Sithole Matarise; Editing by Emelia S. Sithole Matarise)
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Former emir, Sheikh Hamad Bin Khalifa al Thani, has died at the age of 74
The nation's Amiri Diwan (its top government body) announced on Sunday that Qatar's former emir had died at the age of 74. Sheikh Hamad bin Khalifa Al Thani, Qatar's former ruler from 1995 until 2013, abdicated to his son Sheikh Tamim. Sheikh Tamim is now the current leader of this gas-rich Gulf nation. The Amiri Diwan has announced the death of HH Father Amir Sheikh Hamad Bin Khalifa Al-Thani. The Diwan stated that Allah would have mercy on him and give him the best reward possible for his achievements for 'his homeland and nation. Sheikh Hamad has raised Qatar's profile globally through the Al Jazeera TV network and its successful bid for the 2022 World Cup soccer tournament. This?U.S. allied state, which has more than 2.5million people, is a small country, but it is the largest?exporter in the world of liquefied gas. It is also a major player in Middle East diplomacy, international media, and global investment. In June '2013, Sheikh Hamad abdicated power to his son, the crown prince at that time, in an unusual move by a hereditary Gulf Arab leader to "ensure a smooth succession". He had himself overthrown his own father in 1995 in a bloodless revolution.
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Toronto police report that 2 people have died and 5 others were injured in an active shooter incident.
According to an emergency alert posted by the police on X, two people were killed and five injured in a shooting incident that occurred in Toronto 'on Saturday. Five people were found with gunshot injuries by police officers. Two victims were declared dead on the spot. It was not immediately clear what the conditions were of the other victims. CTV News reports that the shooting took place in Midtown Toronto, during the Salsa on St. Clair Festival, an annual Latin festival. The authorities urged the public to avoid the area, and to follow the directions of the police as the investigation and response continued. In a X.com post, Canadian Prime Minister Mark Carney expressed his "horror" at the shooting. He also said that the police have his full backing in their efforts in apprehending those responsible. He said: "My prayers go out to the families who are grieving, those in critical condition, and all who have been affected by this horrible event." Toronto Police declined to give 'additional information beyond that posted on the department's official feed?on X. The police said that updates would be given 'as new information becomes available. No details were immediately released about the suspect, motive, or arrests. (Writing and reporting by Wa Lone, Additional reporting by Disha in Bengaluru. Editing by Thomas Derpinghaus).
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Police say that 2 people were killed and 5 injured in an active shooter incident in Toronto.
According to an emergency alert posted by the Toronto police on X,?five people were injured and two were declared dead?after an active shooter incident?incident?in Toronto?on Saturday. Five people were found injured with gunshots, according to the police. Two victims were declared?dead on the spot. It was not immediately clear what the condition of?the other victims' were. CTV News reports that the shooting took place?in Midtown Toronto, during a Latin festival called 'Salsa on St. Clair. Police urged people to avoid the area, and to follow the police's instructions as they continue their investigation. A 'Toronto Police spokesperson refused to 'provide a?additional detail beyond the information that was posted on the official X feed of the department. The police?said that updates would be given as soon as new information was?available. There were no immediate details about the suspect, arrests or motive.
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The Tour de France stage nine will be shortened due to the heatwave.
The organisers of the race announced on Saturday that Sunday's stage nine will be reduced by 30 km due to heat risks. However, it will still have its original start and finish locations. In a press release, the organizers announced that the stage from Malemort, originally planned for 185.5km, will now be a 155.5km route. The statement said that Meteo-France had placed the Department of?Correze under red alert because of an intense heatwave. "In light of that... the race is going to?divert the original route in the neutral area, taking the D921 from Brive-la-Gaillarde and heading straight to Lanteuil 147.8km from the finish at Ussel." Western Europe has experienced the warmest June in?record. This led to an increase in deaths due to heat. The heat forced French nuclear reactors to reduce output on Friday. The organisers stated that "all government offices, local authorities and security forces as well as emergency and health services and accredited civil protection organisations, volunteers, and other stakeholders are fully committed to making sure this stage runs smoothly." After the eighth stage, the four-time Slovenian champion,?Tadej Pogacar, is leading. (Reporting by Vincent Daheron; Writing by Chiranjit Ojha in Bengaluru)
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Iran's supreme Leader vows revenge for the slain father
Ayatollah?Khamenei, Iran's supreme leader, issued a written statement on Saturday threatening vengeance on behalf of his father and predecessor. He added that the vengeance would not be limited to Iran alone but also depend on the "free people" around the globe. The statement, read out on state TV, said that revenge was "the nation's demand" and "must definitely" be carried out. Ayatollah Khamenei died in an airstrike by the U.S. and Israel on?February 28 at the beginning of the war. The statement stated: "We promise to avenge all martyrs and criminals in these two wars, and the blood shed by the martyred leader." Mojtaba Khmenei has not been seen in public by Iranians since March 8, when he was named supreme leader. Senior sources claim that he suffered facial disfigurement as well as other injuries. The statement stated that "whether we are there or not, this will be achieved, and soon, every free person in the world will fulfill their part of this divine task." The U.S.-Iranian exchange of fire this week raised doubts about the truce that Washington and Tehran agreed to end their four-month war. Iran claims the deal will bring major economic benefits. Donald Trump declared that the ceasefire was over on Friday, but added that both countries agreed to continue talks. The continued absence of Mojtaba Khamenei from the public eye - there have been no photos, videos or audio recordings published since the air attack - has increased the uncertainty facing Iran. Some Iranians say the new leader should be seen, even if injured. With the support of the Revolutionary?Guards, he became the supreme leader. Ayatollah Khamenei was buried at the country's holiest site, according to state media, on Friday after massive crowds attended his funeral. (Reporting and editing by Enas Alashray, Ahmed Elimam, Tomasz Janovski, Joe Bavier, Thomas Perry)
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Russia attacks Ukraine with drones and missiles, killing two people and injuring 19 others
Officials said that Russia attacked Ukraine on Saturday with drones and missiles, killing two people and injuring 19. Kyiv is waiting for supplies of air defense munitions due to a shortage, which has left the country vulnerable to Russian attacks. A drone attack and a missile attack using ballistic, cruise, and cruise missiles in Kyiv's capital caused 11 injuries. "Civilian infrastructure had been hit before the air raid warning was issued," said President Volodymyr Zelenskiy, who added that rescuers are working at the scene. "Our defenders were able to shoot down the majority of the targets, but not ballistics," he said, calling on Ukraine’s allies for a quick delivery of the air defence support packages agreed at the NATO Summit this week. Ukraine's Air Force said that Russia had launched six ballistic rockets, six cruise missiles, and 121 drones. It also added that at least two cruise weapons and 111 drones were?downed. A drone struck a civilian enterprise located in Kharkiv in eastern Ukraine, injuring seven people. UKRAINE REQUESTS SUPPLIES FROM ALLIES In the last month, Ukraine has been largely unsuccessful in destroying ballistic missiles that travel at speeds several times faster than sound. The Ukrainian government has asked allies for more munitions and urged Europe to collaborate with Kyiv in developing its anti-ballistic system. The U.S. president Donald Trump announced this week that Ukraine would be given a license to manufacture its own Patriot missiles. After the attack on Saturday, Zelenskiy demanded that "those projects" move as quickly as possible. In recent weeks, Russia has intensified its attacks against the capital. In the last month, more than 60 people have been killed in strikes against Kyiv and its surrounding area. Kyiv has, on the other hand, 'been pressing Russia's military logistic in occupied Southern Ukraine by conducting strikes against trucks and vessels deep behind front lines. Robert Brovdi, Ukraine's drone forces chief, said that his units had struck 21 fuel tanker ships in the Sea of Azov over night, along with seven other cargo and supply vessels, bringing this week's total to 76 vessels. Max Hunder, Kyiv (Reporting and Editing by William Mallard Tomaszjanowski and Barbara Lewis).
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Trump Administration rule weakens protections of threatened species
The 'Trump administration' finalized on Friday, a major change to how threatened species are considered by agencies. They removed?regulatory lingo aimed at preventing damage to wildlife habitats and drew a legal challenge. The Endangered Species Act is no longer applicable. It was passed 50 years ago and has been credited for saving the bald eagle and California condor, among many other animals and plants, from extinction. The Endangered Species Act is an important?regulatory factor for government agencies in granting permits to oil and gas, mining and?electrical transmission operations and other activities on federal lands or water. The new rule excludes "habitat destruction" from the definition of "harm" under the ESA. This means that project developers can 'damage places where wildlife lives as long as the wildlife is not directly injured or killed. Interior and Commerce departments said that the final rule would reduce costs associated with permitting and compliance for energy producers, farmers, fishing interests and others. This move is in line with President Donald Trump's desire to reduce the regulations that, according to him, limit American businesses. Interior Secretary Doug Burgum stated that "this?action restores the common sense and respects private property. It provides much-needed clarity for landowners, and it follows the statute Congress passed." The rule was proposed by the administration in April 2025. Earthjustice, an environmental?group, said that it would sue. Earthjustice attorney Kristen Boyles said that for the first time, a president's administration has claimed?that species protected under the Endangered Species Act should not be safe from habitat modifications that destroy where they live, their young or look for food. "Let's be clear: the Trump administration's regulation has no support -- scientific, legal, or public. (Reporting and editing by Nichola?Groom, Sanjeev Miglani, Chizu Nomiyama)
Questions are raised about some trades made ahead of Trump's policy changes
Experts have questioned whether some of Donald Trump's most important policy decisions were preceded by timely bets.
This is a list.
March 23, 2026: 'IRAN ATTACK pause. An unidentified trader bet $500,000,000 on Brent and WTI futures within a minute, shortly before Trump announced a delay of five days to the attacks on Iran’s?energy Infrastructure. After this announcement, oil prices dropped 15%, according to exchange data and calculations.
LSEG data indicates that between 1049 and 10:00 GMT, 5,100 lots were traded. Selling dominated the volume. In 60 seconds after Trump's 1105 GMT social media announcement, more than 13,000 lots, or 13 million barrels, traded. Brent fell to $99 from $112 per barrel and WTI to $86 from $99.
IRAN STRIKES WHICH KILLED SUPREME ALI KHAMENEI February 28, 2026 – Wagers made on platforms such as Polymarket prior to the death of Iranian Supreme leader Ayatollah Alikhamenei heightened scrutiny on prediction markets. Democratic lawmakers called for a prohibition on?bets linked to military action that could reward people with privileged knowledge. Kalshi faces a lawsuit because it failed to pay $54million to bettors who predicted Khamenei's departure from office before March 1. The company claims that it doesn't offer markets where the outcome is determined by death.
A review of Polymarket’s website revealed that at the time, $529 million had been wagered on contracts relating to the timing of U.S. and Israeli strikes against Iran. Another $150 million was bet on Khamenei being removed as supreme ruler. Trading yes-or no contracts allows users to wager on real-world events.
Bubblemaps, an analytics firm, identified six accounts that had made $1.2 million in profit on Polymarket bets funded just hours before the raids of February 28. Mike Levin, a Californian U.S. Representative, highlighted a specific Polymarket bet made shortly before the Iran attacks.
Separately traders moved the opposite way on February 27. Despite hotter than expected inflation data, which would normally prompt investors to sell Treasuries with a long maturity, they pushed yields on the 10-year benchmark note below 4%. Analysts say that such a shift to safe-haven assets is usually driven by macroeconomic events which are negative or where there is a strong expectation of one.
The Dow Jones U.S. Airlines Index fell 5.13% that day, as oil prices increased.
January 3, 2026 -- U.S. CAPTURE OF FORMER VENEZUELAN PRESIDENT NICOLASMADURO An unknown trader made a profit of approximately $410,000 by betting on the ouster?of Venezuelan president Nicolas Maduro.
Before the weekend raid by U.S. Special Forces on Maduro’s Caracas compound, the trader’s account at Polymarket had built up contracts that were tied to Maduro’s removal. The terms implied high odds. These wagers were worth $34,000 before his capture. However, their value soared after the news broke of the U.S. military raid on Maduro's compound in Caracas.
Trading data shows that unidentified traders bet millions of dollars in the minutes leading up to Trump's announcement about tariff pause. This led to a huge rally in April, last year. Trump's Truth Social message pausing tariffs was posted at 1:18 pm. ET on April 9 triggered a 9.5% increase for the S&P 500. Data from the market shows that certain option contracts have seen a surge in trading activity before it. Around 1 p.m., 5,105 call options for SPY were traded. The average price was $4.20.
These calls rose to as much as $42 when stocks were rallying, turning $2.14 into approximately $21.44 on paper.
Other SPY calls that bet on the ETF going above $509 were traded around 1:10 p.m. Their value increased from $624,000 to $10 million at the end of the day.
The trader could not tell if the calls had been bought or sold by a single trader, or if they were purchased and sold by several traders.
Kush Desai, White House spokesperson, said that government ethics guidelines prohibit federal employees from profiting from nonpublic information. In an email, he stated that any implication of Administration officials engaging in such activities without evidence was baseless and irresponsible.
(source: Reuters)