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      Measured Comments From Israel and Iran on New Round of Strikes

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      Israel’s prime minister said Israeli airstrikes on Iran had achieved their goals, and Iranian officials did not threaten retaliation.Iran’s leaders emphasized on Sunday that they had a right to respond to Israel’s airstrikes a day earlier but appeared to take a measured tone, as Prime Minister Benjamin Netanyahu said that the assault had achieved its objectives.Their comments came as Israeli and American negotiators headed to Qatar in an effort to revive long-stalled talks aimed at brokering a cease-fire in the Gaza Strip. Earlier, Israel carried out more deadly attacks in northern Gaza and in southern Lebanon.In his first public comments since Israeli warplanes struck Iran on Saturday, Mr. Netanyahu said the strikes — carried out in retaliation for a missile barrage Iran fired at Israel on Oct. 1 — had severely damaged Iran’s defensive capabilities and its ability to produce missiles.Iranian and Israeli officials told The New York Times that the strikes had destroyed air-defense systems that protect important energy sites but did not hit the facilities themselves. The Biden administration had urged Israel not to attack Iran’s oil and nuclear sites.Iran must now decide whether to respond.On Sunday, in his first public comments about the strikes, Iran’s supreme leader, Ayatollah Ali Khamenei, said the strikes “should neither be magnified nor downplayed,” the Iranian state news agency IRNA reported. He did not appear to be explicitly calling for retaliation.Although Iranian officials emphasized that their country has the right to respond, Iran’s president, Masoud Pezeshkian, said late Saturday that the country would “answer any stupidity with wisdom and strategy.”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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      Israel Struck Air Defenses Around Critical Iranian Energy Sites, Officials Say

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      Israel’s attacks on Iran early Saturday destroyed air-defense systems set up to protect several critical oil and petrochemical refineries, as well as systems guarding a large gas field and a major port in southern Iran, according to three Iranian officials and three senior Israeli defense officials.The sites targeted by Israel, according to the officials, included defenses at the sprawling Bandar Imam Khomeini petrochemical complex, in Khuzestan Province; at the major economic port Bandar Imam Khomeini, adjacent to it; and at the Abadan oil refinery. Air-defense systems were also struck in Ilam Province, at the refinery for the gas field, called Tange Bijar, said the officials, one of them with Iran’s oil ministry.The Iranian and Israeli officials familiar with the attacks spoke on condition of anonymity to discuss intelligence.Israel’s destruction of the air-defense systems has raised deep alarm in Iran, the three Iranian officials said, as critical energy and economic hubs are now vulnerable to future attacks if the cycle of retaliation between Iran and Israel continues.“Israel is sending a clear message to us,” said Hamid Hosseini, an expert on Iran’s oil and gas industry and a member of the Iran-Iraq Chamber of Commerce. “This can have very serious economic consequences for Iran, and now that we understand the stakes we need to act wise and not continue the tensions.”Iran’s military announced that four soldiers working with air defenses were killed in Israel’s attacks. The Iranian media said the casualty numbers would probably increase.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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      In Deciding Whether to Retaliate, Iran Faces a Dilemma

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      Iran faces a dilemma after the Israeli strikes on Saturday.If it retaliates, it risks further escalation at a time when its economy is struggling, its allies are faltering, its military vulnerability is clear and its leadership succession is in play.If it does not, it risks looking weak to those same allies, as well as to more aggressive and powerful voices at home.Iran is already in the middle of a regional war. Since the Hamas-led attack on Oct. 7, 2023, Israel has moved swiftly to damage the militant group in Gaza and other Iranian proxies, including Hezbollah, the Houthis and its allies in Syria and Iraq.These groups represent Iran’s “forward defense” against Israel, the heart of the nation’s deterrence. They have been badly weakened by the Israeli military’s tough response since Oct. 7, which weakens Iran, too, and makes it more vulnerable.Iranian officials have made it clear that they do not want a direct war with Israel. They want to preserve their allies, the so-called ring of fire around Israel.After Israel struck Iran, Tehran on Saturday publicly played down the effect of the attack and showed ordinary programming on television. It did not immediately vow a major retaliation, but simply restated its right to do so.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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      South Korea’s Modern Dance Scene is Thriving

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      Thanks to government support — and a collaborative spirit among dance companies — the medium is thriving across the country.While the high-octane choreography in K-pop videos has helped define South Korea’s image globally, in the country itself, it’s modern dance that’s in the spotlight. It is a huge part of the country’s arts scene, quietly flourishing and influencing new generations of dancers and choreographers.Its popularity and reach are evident throughout the country, especially among the dozens of companies, in Seoul and other cities, that share dancers, choreographers and designers. And several of those companies are making a name for themselves internationally, performing abroad and inviting major names to choreograph in South Korea.This year’s Seoul International Dance Festival in September was a testament to the country’s dominance in the medium, with companies from Canada, Australia, Europe and, of course, Korea performing over two weeks. And several performances coming up later this fall display the country’s growing visibility on the global dance stage.Some dancers from the Korean National Contemporary Dance Company, which bills itself as the only government-funded national contemporary dance company in Asia, are to perform “Shut Up Womb” (Nov. 15-17), a revival of the 2021 dance by the Japanese choreographer Shimojima Reisa, at the Seoul Arts Center right around the same time some of the company’s other dancers are to perform “Jungle” in Abu Dhabi, United Arab Emirates, Nov. 16-20, as part of a program celebrating South Korean culture.“Jungle” debuted in October 2023 in Seoul, and then traveled to Austria, France, Italy and Kazakhstan this summer. It will return to South Korea in November 2025 in a program that will also include “One Flat Thing, reproduced,” a dance by the celebrated American choreographer William Forsythe.For Kim Sungyong, the new artistic director of the company, this international touring speaks to the success of dance in his home country, and to the access to a variety of well-trained dancers.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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      HSBC Announces Restructuring and Names First Female C.F.O.

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      The restructuring of Europe’s largest lender comes as it looks to cut costs and navigate a diplomatic minefield across its sprawling operations.HSBC announced its biggest restructuring in a decade this morning, splitting itself into four divisions, combining some of its commercial and investment banking operations and reshuffling management.The changes come as Europe’s largest lender looks to cut costs and navigate a diplomatic minefield between China and the West, and are the first since Georges Elhedery became chief executive in April.The bank will make its British and Hong Kong banking units into two stand-alone entities. A new corporate and institutional banking division will house commercial banking outside Britain and Hong Kong, as well as the markets and investment banking business. HSBC’s private banking, asset management and insurance businesses will be become part of an international wealth and premier banking unit.The lender will also create an Eastern regional division that will pair its Asia Pacific and Middle East operations. Europe, Britain and the Americas will be grouped in another.With rates under pressure, banks are scrambling to cut costs. HSBC reported better-than-expected second quarter results, but some analysts worry that the lender is exposed to big rate cuts by the Federal Reserve and other central banks.HSBC is also at the front line of trade tensions between the West and China. The bank is listed in London but makes most of its money in Asia. It was caught in the crossfire during the pro-democracy protests in Hong Kong in 2019. Last year, investors rejected a plan backed by Ping An, a Chinese insurer and one of HSBC’s biggest shareholders, for the bank to separate its Asia operations.Mr. Elhedery said the changes had been designed to simplify operations. “The new structure will result in a simpler, more dynamic and agile organization as we focus on executing against our strategic priorities, which remain unchanged,” he said in a statement.But investors shrugged off the latest changes. HSBC’s shares are up almost 10 percent over the past year but barely moved this morning. That’s partly because details weren’t revealed on how much the restructuring would cost, how many roles would be cut and how much money would be saved. Some analysts also want to know what other parts of the group could be cut next.HSBC also announced that Pam Kaur, the chief risk and compliance officer, will become the chief financial officer. Ms. Kaur, who joined the bank in 2013, will be the first woman to hold that role at the bank. More

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      I.M.F. Says Inflation Fight Is Largely Over but Warns of New Threats

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      The International Monetary Fund said protectionism and new trade wars could weigh on growth.The global economy has managed to avoid falling into a recession even though the world’s central banks have raised interest rates to their highest levels in years to try to tame rapid inflation, the International Monetary Fund said on Tuesday.But the I.M.F., in a new report, also cautioned that escalating violence in the Middle East and the prospect of a new round of trade wars stemming from political developments in the United States remain significant threats.New economic forecasts released by the fund on Tuesday showed that the global fight against soaring prices has largely been won: Global output is expected to hold steady at 3.2 percent this year and next. Fears of a widespread post-pandemic contraction have been averted, but the fund warned that many countries still face a challenging mix of high debt and sluggish growth.The report was released as finance ministers and central bank governors from around the world convened in Washington for the annual meetings of the I.M.F. and the World Bank. The gathering is taking place two weeks ahead of a presidential election in the United States that could result in a major shift toward protectionism and tariffs if former President Donald J. Trump is elected.Mr. Trump has threatened to impose across-the-board tariffs of as much as 50 percent, most likely setting off retaliation and trade wars. Economists think that could fuel price increases and slow growth, possibly leading to a recession.“Fear of a Trump presidency will loudly reverberate behind the scenes,” said Mark Sobel, a former Treasury official who is now the U.S. chairman of the Official Monetary and Financial Institutions Forum. Mr. Sobel said global policymakers would probably be wondering what another Trump presidency would “mean for the future of multilateralism, international cooperation, U.S.-China stresses and their worldwide ripples, and global trade and finance, among others.”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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      What to Know About the BRICS Summit and the Countries Involved

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      The group, which seeks to rebalance the global order away from the West, will meet on Tuesday. Here’s a primer.Leaders of BRICS, a group of emerging market nations that represent about half of the world’s population, will meet for a high-profile summit on Tuesday, their first since a major expansion last year.BRICS stands for Brazil, Russia, India, China and South Africa. This year, the group has expanded to include Egypt, Ethiopia, Iran and the United Arab Emirates. The members will gather for the three-day conference in Kazan, a city in southwest Russia.The summit comes at a high-profile moment for BRICS, which sees itself as a counterweight to the West. World leaders will stand side-by-side with President Vladimir V. Putin of Russia, despite his pariah status in the West.But there are deep differences between member states, and the bloc has struggled to articulate and define its purpose.Here’s what you need to know:What is BRICS?What holds the group together?What does the Global East want?What about the ‘Global South’?What does China want?Barbara Berasi 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? Log in.Want all of The Times? Subscribe. More