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    U.S. Hits Back at Iran With Sanctions, Criminal Charges and Airstrikes

    In the hours before the United States carried out strikes against Iran-backed militants on Friday, Washington hit Tehran with more familiar weapons: sanctions and criminal charges.The Biden administration imposed sanctions on officers and officials of the Islamic Revolutionary Guards Corps, Iran’s premier military force, for threatening the integrity of water utilities and for helping manufacture Iranian drones. And it unsealed charges against nine people for selling oil to finance the militant groups Hamas and Hezbollah.The timing seemed designed to pressure the Revolutionary Guards and its most elite unit, the Quds Force, at a moment of extraordinary tension in the Middle East. Although the sanctions have been brewing for some time and the charges were filed earlier under seal, the region has been in turmoil for months.The actions are part of a coordinated governmentwide effort to disrupt Iran’s efforts to use illicit oil sales to fund terrorism, and to push back on the country’s increasingly capable offensive cyberoperations. In the 15 years since the United States mounted a major cyberattack on Iran’s nuclear facilities, the country has trained a generation of hackers and struck back at Israel, Saudi Arabia and the United States, among others. Two American officials said the United States conducted cyberoperations against Iranian targets on Friday but declined to provide details.The effects of sanctions and indictments are hard to measure. Few Iranian officers or officials keep assets in Western banks or travel to the United States, meaning the sanctions may have little practical effect. While the indictments and sanctions have a psychological element, demonstrating to Iranians and their business associates around the world that Western intelligence agencies are often tracking their movements and their transactions, actual arrests and trials are infrequent.“The reason that we bring these cases is, we know that the money Iran obtains from the illicit sale of oil is used to fund its malign activities around the world,” Matthew G. Olsen, who heads the national security division of the Justice Department, said on Friday. “The threats posed by Iran and the destabilizing effects of its actions have only come into sharper relief since the attacks of Oct. 7,” the day of the Hamas attack on Israel that killed roughly 1,200 people.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Minute-Long Soap Operas Are Here. Is America Ready?

    Popularized in China during the pandemic, ReelShort and other apps are hoping to bring minute-by-minute melodramas to the United States.When Albee Zhang received an offer to produce cheesy short-form features made for phones last spring, she was skeptical, and so, she declined.But the offers kept coming. Finally, Ms. Zhang, who has been a producer for 12 years, realized it could be a profitable new way of storytelling and said yes.Since last summer, she has produced two short-form features and is working on four more for several apps that are creating cookie-cutter content aimed at women.Think: Lifetime movie cut up into TikTok videos. Think: soap opera, but for the short attention span of the internet age.The biggest player in this new genre is ReelShort, an app that offers melodramatic content in minute-long, vertically shot episodes and is hoping to bring a successful formula established abroad to the United States by hooking millions of people on its short-form content.“The Double Life of My Billionaire Husband” is one of the many short features you can watch on ReelShort, an app that offers short dramatic content meant to be watched on phones. ReelShort

    @reelshortapp On your 18th birthday, the Moon Goddess granted you a RED wolf. She said a new journey awaited you, but there were also evil forces after your power… Called weak your whole life, what POWER could you possibly have?! #fyp #reelshort #binge #bingeworthy #bingewatching #obsessed #obsession #mustwatch #witch #alpha #werewolf #moon #wolfpack #booktok #luna #drama #film #movie #tiktok #tv #tvseries #shortclips #tvclips #filmtok #movietok #dramatok #romance #love #marriage #relationship #couple #dramatiktok #filmtiktok #movietiktoks #saturday #saturdayvibes #saturdaymood #saturdaymotivation #saturdayfeels #saturdayfeeling #weekend #weekendvibes ♬ original sound – ReelShort APP We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber?  More

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    Real Estate Giant China Evergrande Will Be Liquidated

    After multiple delays and even a few faint glimmers of hope, a Hong Kong court has sounded the death knell for what was once China’s biggest real estate firm.Months after China Evergrande ran out of cash and defaulted in 2021, investors around the world scooped up the property developer’s discounted I.O.U.’s, betting that the Chinese government would eventually step in to bail it out.On Monday it became clear just how misguided that bet was. After two years in limbo, Evergrande was ordered by a court in Hong Kong to liquidate, a move that will set off a race by lawyers to find and grab anything belonging to Evergrande that can be sold.The order is also likely to send shock waves through financial markets that are already skittish about China’s economy.Evergrande is a real estate developer with more than $300 billion in debt, sitting in the middle of the world’s biggest housing crisis. There isn’t much left in its sprawling empire that is worth much. And even those assets may be off limits because property in China has become intertwined with politics.Evergrande, as well as other developers, overbuilt and over promised, taking money for apartments that had not been built and leaving hundreds of thousands of home buyers waiting on their apartments. Now that dozens of these companies have defaulted, the government is frantically trying to force them to finish the apartments, putting everyone in a difficult position because contractors and builders have not been paid for years.What happens next in the unwinding of Evergrande will test the belief long held by foreign investors that China will treat them fairly. The outcome could help spur or further tamp down the flow of money into Chinese markets when global confidence in China is already shaken.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber?  More

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    China Building Fire Kills at Least 39, With Others Trapped

    The site in southeastern China housed an internet cafe and an educational center, state media said.A fire in a commercial building in southeastern China killed at least 39 people on Wednesday, as emergency workers raced to rescue people still trapped inside.The fire broke out around 3:30 p.m. local time in Xinyu, a city in Jiangxi Province, in the basement of a building that housed an internet cafe on the ground floor and an educational center upstairs, according to Chinese state media and a local government announcement.A video posted on social media by the Communist Party-affiliated outlet Beijing News showed thick black smoke billowing out of windows.Other videos posted by social media users on Wednesday, of what appeared to be the same building, showed people jumping from upper floors to a mattress on the ground outside, and a boy climbing down a ladder, wearing a backpack.At least nine people were injured, and after 8 p.m., rescue workers were still searching for people inside, according to a post by China Central Television, the state broadcaster, on the social media platform Weibo.In response to the fire, Xi Jinping, China’s top leader, called for “deep reflection” on the tragedy’s cause, state media said. He noted that this was “yet another major production safety accident that has happened recently.”On Friday, a fire at a kindergarten and elementary school dorm in central China’s Henan Province killed 13 people. While the state broadcaster did not identify the victims of that fire, some state-affiliated news media said that they had been in the same third-grade class.A fire at a mall in Xinyu also killed two people in late December.Research was contributed by More

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    Taiwan Loses Ally Nauru After Electing President Beijing Loathes

    The tiny Pacific island of Nauru severed relations with Taiwan, a move that boosts China’s regional sway and was seemingly timed to Taiwan’s contentious recent election.Just two days after Taiwan elected as its next leader Lai Ching-te, whom Beijing sees as a staunch separatist, it lost a diplomatic ally in its rivalry with China. Nauru, a tiny freckle of land in the Pacific Ocean, announced that it would be severing diplomatic relations with Taiwan, effective immediately.The Chinese Ministry of Foreign Affairs said it welcomed the decision by Nauru and is ready to establish relations with it. Taiwan’s foreign ministry indicated that it had no doubt that Beijing had orchestrated the Pacific island’s shift, stating that “China has been actively courting Nauru’s political leaders for a long time, and using economic inducements to bring about a change of direction in the country’s diplomacy.”A Taiwanese deputy foreign minister, Tien Chung-kwang, told a briefing in Taipei, Taiwan’s capital, that China had orchestrated Nauru’s severing of relations to happen in the immediate wake of Taiwan’s election on the weekend.“The intent is to strike a blow against the democracy and freedom of which the Taiwanese people are so proud,” Mr. Tien said. He said Taiwan had pre-emptively severed relations with Nauru after learning of its impending shift in loyalties.Such moves from Beijing have been widely expected in Taiwan in the wake of the victory for Mr. Lai, whose Democratic Progressive Party has campaigned on policies to distance the self-governing island democracy from China. Beijing claims Taiwan is its territory, and Chinese officials harbor a particular dislike for Mr. Lai, whom they call a pro-independence threat. Mr. Lai has said he wants to protect Taiwan’s current status as a de facto independent democracy.Nauru is the latest small nations to abruptly break relations with Taiwan, joining such countries as Honduras and Nicaragua in switching diplomatic allegiance to China. And it is one of a growing number of Pacific island nations that China has aggressively courted in its bid to dominate the region.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber?  More

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    Why Taiwan’s Election Matters to the World

    Tensions over the island’s status have flared repeatedly for decades, especially as Washington’s relationship with China has grown more strained.Taiwan’s election on Saturday has big implications not only for the 23 million people who live on the island, but also for China’s superpower rivalry with the United States.Voters chose as their next president Lai Ching-te, the current vice president, who has vowed to continue his party’s policy of protecting the island’s sovereignty. The vote is a rebuke to Beijing’s claim over Taiwan and the growing pressure it has been exerting on the island democracy.As in all major Taiwanese elections, how to deal with China was a central focus of campaigning. The question has become only more urgent as Beijing has stepped up its military activity near Taiwan, raising the specter of a future conflict that could have implications for the United States.What is the controversy over Taiwan’s status?Since 1949, when the Nationalist government of Chiang Kai-shek fled the Chinese mainland for Taiwan after losing a civil war to Mao Zedong’s Communist forces, the island’s status and future has been disputed.On Taiwan, Generalissimo Chiang and his Nationalist Party imposed martial law on the island for decades as they nursed dreams of reconquering the mainland. Taiwan, officially known as the Republic of China, lost its membership in the United Nations in 1971, when the mainland People’s Republic of China took over the seat.A billboard in Taipei last week showing presidential candidates ahead of the election. Taiwan is functionally independent, with its own democratically elected representatives.An Rong Xu for The New York TimesWe are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber?  More

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    China Failed to Sway Taiwan’s Election. What Happens Now?

    Beijing loathes the new president, Lai Ching-te. He aims to protect the status quo with caution and American help, but tensions are likely to rise.China’s leader, Xi Jinping, has tied his country’s great power status to a singular promise: unifying the motherland with Taiwan, which the Chinese Communist Party sees as sacred, lost territory. A few weeks ago, Mr. Xi called this a “historical inevitability.”But Taiwan’s election on Saturday, handing the presidency to a party that promotes the island’s separate identity for the third time in a row, confirmed that this boisterous democracy has moved even further away from China and its dream of unification.After a campaign of festival-like rallies, where huge crowds shouted, danced and waved matching flags, Taiwan’s voters ignored China’s warnings that a vote for the Democratic Progressive Party was a vote for war. They made that choice anyway.Lai Ching-te, a former doctor and the current vice president, who Beijing sees as a staunch separatist, will be Taiwan’s next leader. It’s an act of self-governed defiance that proved what many already knew: Beijing’s arm-twisting of Taiwan — economically and with military harassment at sea and in the air — has only strengthened the island’s desire to protect its de facto independence and move beyond China’s giant shadow.“The more hard-line, tougher approach hasn’t worked,” said Susan Shirk, a research professor at the University of California, San Diego, and the author of “Overreach: How China Derailed Its Peaceful Rise.” “That’s the reality of Taiwanese politics.”That evolution, cultural and political, comes with risks. Mr. Lai’s victory forces Mr. Xi to face a lack of progress. And while China’s full response will play out over months or years, China’s Taiwan affairs office said Saturday night that the election cannot change the direction of cross-strait relations, effectively ensuring that the dynamic of brinkmanship and stress will continue and most likely intensify.After his win, Mr. Lai promised to seek a balanced approach to relations with Beijing.Lam Yik Fei for The New York TimesChina and the United States have made Taiwan a test of competing sensitivities and visions. To Beijing, the island is a remnant of its civil war that the United States has no business meddling with. To Washington, it is the first line of defense for global stability, a democracy of 23 million people and the microprocessor factory for the world.The gargantuan stakes add gravity to every word or policy that Mr. Lai or his party might deliver now and after his inauguration in May. With Taiwan’s sense of self and China’s expectations in conflict, Mr. Xi is not expected to sit idly by.Before the election, in editorials and official comments, Chinese officials painted Mr. Lai as a villain, calling him a stubborn “Taiwan independence worker,” a “destroyer of cross-strait peace” and potentially the “creator of a dangerous war.”During the campaign, Mr. Lai, 64, a veteran politician respected by supporters for his quiet determination, said that Taiwan did not need formal independence. In a news conference after his victory, he said he would seek a balanced approach to cross-strait relations including “cooperation with China,” following the path of his predecessor, Tsai Ing-wen.But there is little chance of China changing its opinion.“Lai Ching-te is an impulsive and politically biased figure, so we cannot rule out the possibility that unpredictable and unknown developments may occur during his tenure,” said Zhu Songling, a professor of Taiwan studies at Beijing Union University.“I’m afraid it’s very dangerous,” he added, noting that Mr. Xi’s views on Taiwan were clear. That includes his insistence that force can be used if necessary.China’s top leader, Xi Jinping, and President Biden in California in November. Warnings about Taiwan have become a staple of U.S.-China diplomacy.Doug Mills/The New York TimesWestern scholars of Chinese politics are not much more optimistic.“The next four years will be anything but stable in U.S.-China and cross-strait relations,” said Evan S. Medeiros, a professor of Asian studies at Georgetown University.Like other analysts, he said to expect a familiar suite of pressure tactics.At the very least, China will keep trying to manipulate Taiwan’s politics with disinformation, threats and economic incentives. Chinese officials have also hinted they could target trade, eliminating more tariff concessions.Expanded military drills are another possibility. Chinese fighter jets, drones and ships already encroach on Taiwan almost daily.Beijing has also shown that it will keep prodding Washington to pressure Taiwan and to cut military support. Messages of alarm are becoming a common feature of U.S.-China diplomacy.In Washington, on the eve of Taiwan’s election, Liu Jianchao, the head of the Chinese Communist Party’s international department, met with Secretary of State Antony J. Blinken. The United States said Mr. Blinken “reiterated the importance of maintaining peace and stability across the Taiwan Strait.”Mr. Liu, based on other official statements, most likely warned the United States not to intervene “in the Taiwan region” — a complaint sparked by an announcement that a delegation of former officials would head to Taipei after the election. Such visits have followed past elections. China’s Foreign Ministry condemned “the American side’s brazen chattering.”There are no plans in Washington to go silent, however, or constrain cooperation. Quite the opposite. Last year, the Biden administration announced $345 million in military aid for Taiwan, with weapons drawn from American stockpiles. Bills in Congress would also tighten economic ties to Taiwan, easing tax policy and laying a foundation for economic sanctions against China if it attacks.Taiwanese forces during an anti-landing drill last summer. The U.S. has pledged $345 million in military aid to the island.Lam Yik Fei for The New York TimesHaving worked with the Americans as vice president, Mr. Lai can move faster, analysts said, possibly into more sensitive areas.The United States could increase collaboration on cybersecurity, strengthening communication networks to a point that blurs the line with (or prepares for) intelligence sharing. It could seek to place military logistics equipment on the island — a strategy the Pentagon is introducing throughout the region.It is also an open secret that American military advisers, mostly retired officers, have a growing presence in Taiwan. Some Taiwanese officials call them “English teachers.” Under Mr. Lai, many more could be on the way.“Beijing has been turning a blind eye, so the question is: What size of that presence will cross the Rubicon?” said Wen-ti Sung, a political scientist at the Australian National University’s Taiwan Studies Program. He added: “Hopefully each additional step will not be seen as overtly provocative to elicit or justify a massive Chinese reaction.”War, of course, is not inevitable. It may be less likely right now, when China is busy with a dismal economy and the United States with wars in Europe and the Middle East.Some analysts also hope that Mr. Xi will find a way to claim victory in the election and step back from antagonism. With a third-party candidate, Ko Wen-je, winning 26 percent of the vote with a vague focus on a middle path in China relations, Mr. Lai won with just 40 percent.“It’s in China’s national interest to expand the path of peaceful integration so they won’t have to fight,” Professor Shirk said. “There are a lot of people watching this interaction and Beijing’s reaction — all the investors are watching it too.”In Taiwan, however, there may be little Mr. Xi can do to polish China’s image. In recent surveys, less than 10 percent of Taiwanese respondents considered China trustworthy.“We have seen too many examples of what Xi did to Hong Kong and how he treated his people,” said Cheng Ting-bin, 56, a teacher in Taipei who voted for Mr. Lai.Most Taiwanese see their future elsewhere. On Saturday, many said they hoped the government could leverage the powerful semiconductor industry to build connections to Southeast Asia and Europe.A crowd celebrating Mr. Lai’s win on Saturday. Relations with China were less dominant than usual as an election issue.Lam Yik Fei for The New York TimesDuring the campaign, any identification with China seemed to have been erased. Though Taiwan’s official name is the Republic of China, a holdover from when Chinese nationalists fled there, R.O.C. references were hard to find. At Mr. Lai’s rallies, supporters wore shimmering green jackets with “Team Taiwan” written in English across the back.Even the Nationalist Party, known for favoring closer ties with Beijing, emphasized deterrence, the status quo and Taiwanese identity. Its candidate, Hou Yu-ih, spoke with such a strong Taiwanese accent that Mandarin speakers unfamiliar with local inflections had a hard time understanding him.In many ways, the election was less of a referendum on China policy than usual. Cost-of-living issues became more dominant in part because the candidates’ platforms on foreign affairs all aligned with what most people said they wanted: a stronger military, closer ties with the democratic world, and a commitment to the status quo that avoids provoking Beijing but also seeks to tiptoe out of its orbit.“What we want is just to preserve our way of life,” said Alen Hsu, 65, a retiree who said his father had come from China and his son serves in the Taiwanese Air Force.“China,” he added, “simply cannot be trusted.”John Liu More

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    U.S. Strikes in Yemen, and Taiwan’s High-Stakes Election

    The New York Times Audio app is home to journalism and storytelling, and provides news, depth and serendipity. If you haven’t already, download it here — available to Times news subscribers on iOS — and sign up for our weekly newsletter.The Headlines brings you the biggest stories of the day from the Times journalists who are covering them, all in about five minutes.The American-led strikes followed dozens of Houthi drone and missile attacks against shipping in the Red Sea since the Israel-Hamas war began.Mohammed Huwais/Agence France-Presse — Getty ImagesOn Today’s Episode:U.S. Missiles Strike Targets in Yemen Linked to the Houthi Militia, by Thomas Fuller, Victoria Kim, Farnaz Fassihi, Eric Schmitt and Helene Cooper and with Peter BakerWhat to Know After Closing Arguments in Trump’s Civil Fraud Trial, by Jonah Bromwich and Ben ProtessTaiwan Party, Reviled by China, Battles to Prove Its Staying Power, by Amy Chang Chien and with Christopher BuckleyFederal Regulator Questions Carmakers About Unwanted Tracking via Their Apps, by Kashmir Hill52 Places to Go in 2024, with Stephen HiltnerIan Stewart and More