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World Economic Forum Head Steps Down Over Epstein Links

FILED - 21 January 2025, Switzerland, Davos: World Economic Forum president and CEO Borge Brende speaks during the Uncertain Times session at the World Economic Forum Annual Meeting. Photo: Faruk Pinjo/World Economic Forum/dpa
FILED - 21 January 2025, Switzerland, Davos: World Economic Forum president and CEO Borge Brende speaks during the Uncertain Times session at the World Economic Forum Annual Meeting. Photo: Faruk Pinjo/World Economic Forum/dpa
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World Economic Forum Head Steps Down Over Epstein Links

FILED - 21 January 2025, Switzerland, Davos: World Economic Forum president and CEO Borge Brende speaks during the Uncertain Times session at the World Economic Forum Annual Meeting. Photo: Faruk Pinjo/World Economic Forum/dpa
FILED - 21 January 2025, Switzerland, Davos: World Economic Forum president and CEO Borge Brende speaks during the Uncertain Times session at the World Economic Forum Annual Meeting. Photo: Faruk Pinjo/World Economic Forum/dpa

World Economic Forum head Børge Brende said Thursday that he is stepping down after facing pressure over his contacts with the late US sex offender Jeffrey Epstein.

Brende, a former Norwegian foreign minister, said in a statement that he had decided “after careful consideration” to step down as president and chief executive of the forum, known for its annual January summit in the Swiss Alpine resort of Davos.

“I am grateful for the incredible collaboration with my colleagues, partners, and constituents, and I believe now is the right moment for the Forum to continue its important work without distractions,” Brende said in a statement released by the WEF.

The US Justice Department has released more than 3 million pages of documents relating to Epstein, who died by suicide in jail in 2019 while awaiting trial on sex-trafficking charges.

Brende was Norway’s foreign minister from 2013-2017 and is one of several prominent Norwegians who have faced scrutiny following the latest release of Epstein files.

He didn't refer directly to that controversy in Thursday's statement, but the WEF announced earlier this month that it was opening an internal review into Brende to determine his relationship with Epstein after files indicated the two had dined together several times and exchanged messages.

Brende told Norwegian broadcaster NRK at the time that he was cooperating with the investigation, that he only met Epstein in business settings and that he had been unaware of Epstein’s criminal background.

WEF co-chairs André Hoffmann and Larry Fink said in a statement that “the independent review conducted by outside counsel has concluded. The findings stated that there were no additional concerns beyond what has been previously disclosed.”

They said that Alois Zwinggi will serve as the forum's interim president and CEO, and the forum's Board of Trustees would oversee the leadership transition, including a plan to identify a permanent successor.

Brende's resignation follows the departure last year of the WEF's founder and longstanding chair Klaus Schwab after he came under pressure from a whistleblower alleging misconduct.

The WEF subsequently said an internal investigation had found no evidence of material wrongdoing by Schwab.

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World

Iran Says Strike Hit Close to Its Bushehr Nuclear Facility, Killing a Guard and Damaging a Building

Iran's Bushehr nuclear reactor (Reuters)
Iran's Bushehr nuclear reactor (Reuters)
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Iran Says Strike Hit Close to Its Bushehr Nuclear Facility, Killing a Guard and Damaging a Building

Iran's Bushehr nuclear reactor (Reuters)
Iran's Bushehr nuclear reactor (Reuters)

Iran’s atomic agency says an airstrike has hit near its Bushehr nuclear facility, killing a security guard and damaging a support building. It is the fourth time the facility has been targeted during the war.

The agency announced Saturday’s attack on social media.

The US AP’s military pressed ahead Saturday in a frantic search for a missing pilot after Iran shot down an American warplane, as Iran called on people to turn the pilot in, promising a reward.

The plane, identified by Iran as a US F-15E Strike Eagle, was one of two attacked on Friday, with one service member rescued and at least one missing. It was the first time the United States lost aircraft in Iranian territory during the war, now in its sixth week, and could mark a new turning point in the campaign.

The conflict, launched by the US and Israel on Feb. 28, has rippled across the region. It has so far killed thousands, upended global markets, cut off key shipping routes, spiked fuel prices and shows no signs of slowing as Iran responds to US and Israeli airstrikes with attacks across the region.

World

Trump Seeks $152 Mn to Revive Alcatraz as Federal Prison

FILE PHOTO: A view of Alcatraz prison complex located on Alcatraz Island in San Francisco Bay near San Francisco, California, US July 17, 2025. REUTERS/Carlos Barria/File Photo
FILE PHOTO: A view of Alcatraz prison complex located on Alcatraz Island in San Francisco Bay near San Francisco, California, US July 17, 2025. REUTERS/Carlos Barria/File Photo
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Trump Seeks $152 Mn to Revive Alcatraz as Federal Prison

FILE PHOTO: A view of Alcatraz prison complex located on Alcatraz Island in San Francisco Bay near San Francisco, California, US July 17, 2025. REUTERS/Carlos Barria/File Photo
FILE PHOTO: A view of Alcatraz prison complex located on Alcatraz Island in San Francisco Bay near San Francisco, California, US July 17, 2025. REUTERS/Carlos Barria/File Photo

US President Donald Trump asked Congress on Friday for $152 million to begin rebuilding the notorious Alcatraz prison, pressing ahead with his vision to return the former island lockup to active use.

The funding request, included in the White House's proposed 2027 budget, would cover the first year of converting the San Francisco Bay site into what officials describe as a "state-of-the-art secure prison facility."

Trump has pushed for reopening Alcatraz since last year, portraying it as a symbol of a tougher approach to crime, said AFP.

In a social media post at the time, he called for a "substantially enlarged and rebuilt" facility to house the country's most dangerous offenders.

The proposal comes as part of a broader Justice Department budget that emphasizes prison investment and law enforcement, though such requests are ultimately subject to approval by Congress.

Political news outlet Axios, citing administration officials, reported that any "supermax" prison complex at the site would have to be built from scratch -- putting the total cost at somewhere around $2 billion.

Alcatraz, which opened as a federal penitentiary in 1934, was once considered among the most secure prisons in the United States due to its isolated island location and the strong currents surrounding it.

It held a relatively small number of prisoners, including high-profile inmates such as Al Capone.

The island fortress entered American cultural lore after a 1962 escape by three inmates, which became an inspiration for the film "Escape from Alcatraz" starring Clint Eastwood.

It was closed in 1963 after officials determined it was too costly to maintain.

According to the Federal Bureau of Prisons, operating expenses were nearly three times higher than at other federal facilities, largely because all supplies -- including fresh water -- had to be transported to the island.

Since the early 1970s, Alcatraz has been managed by the National Park Service as part of the Golden Gate National Recreation Area and has become one of San Francisco's most popular tourist attractions, drawing more than a million visitors annually.

The White House argues that rebuilding the site would help modernize the federal prison system and expand capacity for high-risk inmates.

But critics have questioned both the practicality and cost of the plan, noting that the island's infrastructure would likely require extensive reconstruction.

Feasibility studies have already been conducted by federal agencies to assess whether a modern correctional facility could be established on the site, though no final decision has been made.

Any move to proceed could face political resistance given competing budget priorities and the site's current status as a major tourism and historical landmark.

World

French, Japanese Ships Cross Strait of Hormuz in First Since War

A cargo ship in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the US-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. (Reuters)
A cargo ship in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the US-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. (Reuters)
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French, Japanese Ships Cross Strait of Hormuz in First Since War

A cargo ship in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the US-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. (Reuters)
A cargo ship in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the US-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. (Reuters)

One French- and another Japanese-owned vessel are among a handful of vessels to have crossed the war-torn Strait of Hormuz, maritime tracking data showed Friday.

The passage, a vital maritime route for oil and liquified natural gas, has been virtually blocked by Iran since the start of the war, said AFP.

But both ships made the crossing on Thursday, according to ship tracking company Marine Traffic's website.

The Maltese-flagged Kribi belonging to the French maritime transport group CMA CGM crossed the waterway to leave the Gulf on Thursday afternoon, Marine Traffic's data showed.

By early Friday, it was off Muscat, Oman, still broadcasting the message "owner France" on its transponder system in the field usually used to give the destination.

The vessel's navigation data showed it had crossed via an Iranian-approved route through its waters, dubbed the "Tehran Toll Booth" by leading shipping journal Lloyd's List.

- Southern route -

In addition, three tankers -- including one co-owned by a Japanese company -- crossed the Strait of Hormuz on Thursday by taking an alternative, southern route.

They hugged close to the shore of Oman's Musandam Peninsula -- a first in nearly three weeks according to Lloyd's List.

Before the war, which started more than a month ago, about a fifth of global oil and liquefied natural gas (LNG) passed through the Strait.

All three ships signaled they were an "OMANI SHIP" in the message broadcast by their transponder as they crossed the strait.

The Sohar LNG, which was empty when crossing, is co-owned by Japanese shipping company Mitsui O.S.K.

That makes it the first Japanese vessel to exit the Gulf since the start of the war, according to a company statement quoted by Japanese media.

The Hong-Kong flagged New Vision, which crossed the strait on March 1 right after the war started, is expected in the French port of Le Havre on Saturday evening.

Since the conflict started however, that has dwindled to a trickle as Iran selectively attacks ships and energy facilities throughout the Gulf in retaliation for US and Israeli attacks.

A few commercial ships crossing the Strait of Hormuz recently have passed through the Iranian-approved route in the north of the waterway.

- Down to a trickle -

Just 221 commodities vessels have crossed the Strait of Hormuz since March 1, some more than once, according to Kpler data up to Friday morning.

In peacetime, the same waterway handles around 120 daily transits, according to Lloyd's List.

Of the vessels that made the crossing, 60 percent either came from Iran or were heading there.

It was not clear from the data how many had been cleared to make the crossing by Tehran.

But it did show that, among the 118 crossings by ships carrying cargo, 37 had left the Gulf carrying crude oil.

Most of those oil tankers -- 30 of them -- came from Iran or sailed under the Iranian flag. And most ships carrying Iranian oil did not specify their destination on their transponder.

Of those who did, all but one reported they were heading to China.

In the early days of the war, transponder data showed dozens of ships broadcasting messages such as "Chinese crew" or "Chinese owner" in the field usually used for their destination.

This appeared to be an attempt by the ships to avoid being targeted by Iran.