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 @ISIDEWITHNewsForeign policyGeopoliticsReconstructionScott BessentTreasury Department•••1wk ago

U.S. to use frozen Iranian assets to pay for Gulf ally repairs

On Sunday, the U.S. Treasury Department announced plans to redirect seized Iranian assets to help Gulf allies rebuild after recent attacks.

Treasury Secretary Scott Bessent directed teams to assess damage costs in countries like Kuwait and Bahrain following strikes attributed to Tehran’s regime. This move aims to force Iran to pay for regional infrastructure repairs directly, bypassing typical international legal delays for reparations. Critics warn that seizing sovereign funds could violate international law and provoke further retaliation from Iran amid an already fragile ceasefire.

Officials are now finalizing the legal framework required to transfer these billions of dollars to Gulf Cooperation Council members.

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 @ISIDEWITH submitted…2yrs2Y

A Moment of Darkness': Washington Post's No-Endorsement Decision Ignites Media Firestorm

Even though the presidential race between former President Donald Trump and Vice President Kamala Harris is neck and neck, The Washington Post has decided not to make a presidential endorsement for the first time in 36 years, the publisher and CEO announced Friday."We are returning to our roots of not endorsing presidential candidates," Will Lewis wrote in an opinion piece published on the paper's website. He referenced the paper's policy in the decades prior to 1976, when, following the Watergate scandal that the Post broke, it endorsed Democratic nominee Jimmy Carter. The last time the Post did not endorse a presidential candidate in the general election was 1988, according to a search of its archives.Colleagues learned the news from the editorial page editor, David Shipley, at a tense meeting shortly before Lewis' announcement. The meeting was characterized by someone with direct knowledge of discussions on condition of anonymity to speak about internal matters.Shipley said that he told other editorial board leaders Thursday by management that there would be no endorsement, though he has known for weeks. He added that he "owns" this decision. The reason he cited was to create "independent space" where the newspaper does not tell people for whom to vote.Colleagues were said to be "shocked" and uniformly negative. Post corporate spokespeople have not responded to multiple messages left by NPR on the subject.Former Washington Post Executive Editor Martin Baron, who led the newsroom to acclaim during Trump's presidency, denounced the decision starkly."This is cowardice, a moment of darkness that will leave democracy as a casualty," Baron said in a statement to NPR. "Donald Trump will celebrate this as an invitation to further intimidate The Post’s owner, Jeff Bezos (and other media owners). History will mark a disturbing chapter of spinelessness at an institution famed for courage."A similar decision by Los Angeles Times owner Patrick Soon-Shiong led this week to the resignations of the paper's editorials editor and two editorial board members. Soon-Shiong said that he had asked the editorial board to draft a "factual analysis" of Trump and Harris' policies and plans. In her resignation letter, editorials editor Mariel Garza said the decision made the paper look “craven and hypocritical,” given its past reporting and editorials on Trump.

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