Deadly Super Typhoon Yagi Takes Aim at Southern China 

In this image released by Xinhua News Agency, workers cut redundant branches off of trees along a street ahead of the landfall of typhoon Yagi in Haikou, south China's Hainan Province, Thursday, Sept. 5, 2024. (Guo Cheng/Xinhua via AP)
In this image released by Xinhua News Agency, workers cut redundant branches off of trees along a street ahead of the landfall of typhoon Yagi in Haikou, south China's Hainan Province, Thursday, Sept. 5, 2024. (Guo Cheng/Xinhua via AP)
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Deadly Super Typhoon Yagi Takes Aim at Southern China 

In this image released by Xinhua News Agency, workers cut redundant branches off of trees along a street ahead of the landfall of typhoon Yagi in Haikou, south China's Hainan Province, Thursday, Sept. 5, 2024. (Guo Cheng/Xinhua via AP)
In this image released by Xinhua News Agency, workers cut redundant branches off of trees along a street ahead of the landfall of typhoon Yagi in Haikou, south China's Hainan Province, Thursday, Sept. 5, 2024. (Guo Cheng/Xinhua via AP)

Powerful gales and heavy rain from the deadly Super Typhoon Yagi drenched southern China on Friday, with schools shut for a second day and flights cancelled as Asia's strongest storm this year headed for landfall along the coast of Hainan province.

Packing maximum sustained winds of 245 km per hour (152 mph) near its center, Yagi registers as the world's second-most powerful tropical cyclone in 2024 so far, after the Category 5 Atlantic hurricane Beryl, and the most severe in the Pacific basin this year.

After more than doubling in strength since killing 16 people in the northern Philippines earlier this week, Yagi's eye was about 100 kilometers (62 miles) offshore Hainan as of midday, with no loss of wind speed overnight.

Yagi is expected to make landfall along China's coast between Wenchang in Hainan and Leizhou in Guangdong province from Friday afternoon. It is then predicted to hit Vietnam and Laos over the weekend.

Vietnam's Civil Aviation Authority said four airports in the north, including Hanoi's Noi Bai International, would be closed on Saturday due to the storm.

Winds and rain were accompanied by powerful thunder and lightning across the region overnight and on Friday morning.

"I'm worried about this typhoon. It could destroy months of hard work," said Qizhao, a banana farmer at the village of Gaozhou in Guangdong, adding that villagers were reinforcing their trees with poles to protect them from the wind.

Transport links across southern China were mostly shuttered on Friday with many flights cancelled in Hainan, Guangdong, Hong Kong and Macau. The world's longest sea crossing, the main bridge linking Hong Kong with Macau and Zhuhai in Guangdong, was also closed.

Many businesses, including factories, were also shut.

In the financial hub of Hong Kong, the stock exchange was shuttered while schools remained closed on Friday.

The city of over 7 million people lowered its typhoon warning by a notch after midday, with winds expected to weaken gradually as Yagi moves away, allowing businesses to reopen.

Intense rainbands associated with Yagi will still bring heavy squally showers to the territory.

RARE LANDFALL

Yagi is set to be the most severe storm to land in Hainan since 2014, when Typhoon Rammasun slammed into the island province as a Category Five tropical cyclone. Rammasun killed 88 people in Hainan, Guangdong, Guangxi and Yunnan and caused economic losses of more than 44 billion yuan ($6.25 billion).

Formed over the warm seas east of the Philippines and a similar path as Rammasun did, Yagi is expected to arrive in China as a Category Four typhoon, ushering in winds strong enough to overturn vehicles, uproot trees and severely damage roads, bridges and buildings.

In Hainan's capital Haikou, streets were deserted as people stayed indoors, photographs on social media showed.

Its projected landfall in Hainan is rare, as most typhoons landing on the duty-free island are classified as weak. From 1949 to 2023, 106 typhoons landed in Hainan but only nine were classified as super typhoons.

Typhoons are becoming stronger, fueled by warmer oceans, amid climate change, scientists say. Last week, Typhoon Shanshan slammed into southwestern Japan, the strongest storm to hit the country in decades.

Yagi, which strengthened into a super typhoon on Wednesday night, is the Japanese word for goat and for the constellation of Capricornus, a mythical creature that is half goat, half fish.



Iran Pays Millions in Ransom to End Cyberattack on Banks

Iranians at a bank branch in Tehran (IRNA)
Iranians at a bank branch in Tehran (IRNA)
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Iran Pays Millions in Ransom to End Cyberattack on Banks

Iranians at a bank branch in Tehran (IRNA)
Iranians at a bank branch in Tehran (IRNA)

A massive cyberattack that hit Iran last month threatened the stability of its banking system and forced the country's regime to agree to a ransom deal of millions of dollars, POLITICO reported on Thursday.

The newspaper said an Iranian firm paid at least $3 million in ransom last month to stop an anonymous group of hackers from releasing individual account data from as many as 20 domestic banks in what appears to be the worst cyberattack the country has seen, quoting industry analysts and western officials briefed on the matter.

A group known as IRLeaks, which has a history of hacking Iranian companies, was likely behind the breach, the officials said.

The hackers are said to have initially threatened to sell the data they collected, which included the personal account and credit card data of millions of Iranians, on the dark web unless they received $10 million in cryptocurrency, but later settled on a smaller sum.

Iran’s authoritarian regime pushed for a deal, fearing that word of the data theft would destabilize the country’s already-wobbly financial system, which is under intense strain amid the international sanctions the country faces, the officials said.

Iran never acknowledged the mid-August breach, which forced banks to shut down cash machines across the country.

IRleaks entered the banks’ servers via a company called Tosan, which provides data and other digital services to Iran’s financial sector, the officials said.

Using Tosan, the hackers appear to have siphoned data from both private banks and Iran’s central bank. Of Iran’s 29 active credit institutions, as many as 20 were hit, including the Bank of Industry and Mines and the Post Bank of Iran.

Though the attack was reported at the time by Iran International, an opposition news outlet, neither the suspected hackers nor the ransom demands were disclosed.

Iran’s supreme leader delivered a cryptic message in the wake of the attack, blaming the US and Israel for “spreading fear among our people,” without acknowledging the country’s banks were under assault.

Despite the growing tensions between Iran and both the US and Israel, people familiar with the Iranian banking hack told POLITICO that IRLeaks is affiliated with neither the US nor Israel.