US Business

Thousands march in Canada in solidarity with Iran protests

Several thousand people marched in Montreal and other Canadian cities Saturday in solidarity with protests sparked by the death of Mahsa Amini in the custody of Iran’s notorious morality police.

A wave of street violence has rocked Iran since Amini, 22, died days after her arrest for allegedly failing to observe the Islamic republic’s strict dress code for women.

Protests were held across the country for a 15th consecutive night on Friday despite a bloody crackdown that rights groups said has left more than 75 people dead.

Tens of thousands have also come out for solidarity rallies in several Canadian cities, including Vancouver, Toronto and the capital Ottawa.

A protest also took place Saturday in the US capital Washington where hundreds of members of the Kurdish community, some bearing placards calling for regime change in Tehran, gathered outside the White House gates.

In Canada, public broadcaster CBC showed images from Toronto on Saturday of motorists honking their support for demonstrators lining a five-kilometer (three-mile) stretch of road, wearing “Justice for Mahsa Amini” t-shirts and waving Iranian flags on the end of hockey sticks.

In Montreal, several women cut their hair as a crowd of more than 10,000 waved placards that read “Justice” and “No to Islamic Republic,” while chanting “Say her name. Say her name.”

“It was for the Iranian women who are fighting for their freedom, for their lives in Iran,” a 30-year-old expatriate who only gave her name as Sin told AFP after chopping off her long dark locks.

She described cutting off her hair that flowed almost to the middle of her back as “nothing compared to” what women in Iran have endured. 

“This is the least we can do to support my country, my women, my people in Iran who are under repression,” she said.

March co-organizer Nima Machouf, 57, added it was important to “be a voice for people in Iran and carry their message” to the world.

Several demonstrators called for regime change in Tehran, and for Canada to increase sanctions.

Ottawa has already applied sanctions over Iran’s nuclear program and Prime Minister Justin Trudeau announced a new round Monday against dozens of Iranian officials.

Reza, 42, came with his family, including his little girl and echoed the sentiment. “If we remain silent, what will we say to other generations?” he commented.

Venezuela frees 7 Americans in swap for Maduro wife's nephews

Caracas on Saturday freed seven detained Americans — including five oil executives — in exchange for the release of two nephews of Venezuela’s first lady who were jailed in the United States for drug-trafficking.

President Joe Biden issued the announcement that the Americans were on their way home — and a senior official in his administration confirmed shortly afterwards that the US leader had made the “painful decision” to greenlight the prisoner swap in order to secure their freedom.

“Today, after years of being wrongfully detained in Venezuela, we are bringing home Jorge Toledo, Tomeu Vadell, Alirio Zambrano, Jose Luis Zambrano, Jose Pereira, Matthew Heath, and Osman Khan,” Biden said in a statement.

The negotiated release of “two young Venezuelans” held in the United States was confirmed in a near-simultaneous statement by Caracas — whose relations with Washington have been severely strained for years.

While Venezuelan authorities did not name the pair, they were identified by the senior US official as Francisco Flores de Freitas and his cousin Efrain Antonio Campos Flores — both nephews of President Nicolas Maduro’s wife, Cilia Flores.

“As a result of various conversations held since March 5 with representatives of the government of the United States, the release of two young Venezuelans unjustly imprisoned in that country has been achieved,” said the communique from Caracas.

Arrested in 2015 in a US sting operation in Haiti, the cousins were sentenced two years later to 18 years in prison for plotting to smuggle 800 kilos (1,760 pounds) of cocaine into the United States. 

The Venezuelan government says they were framed.

It became clear in negotiations that the release of the two Venezuelans, “sometimes referred to as the ‘narco nephews’ due to their relationship with Nicolas Maduro’s wife, was essential to securing the release of these Americans,” a senior US administration official told reporters.

“The president made a tough decision, a painful decision, to offer something the Venezuelans have actively sought” in the months-long swap negotiations, the official added.

– Oil executives freed –

Five of the seven freed Americans were executives of the Citgo oil corporation, detained in 2017 while on a business trip to the South American country and accused of corruption.

Citgo is the US subsidiary of Venezuela’s state oil company PDVSA.

The Citgo employees — former company president Pereira, along with Vadell, Toledo, and the Zambranos — each had been sentenced to more than 13 years in prison.

The other two Americans freed — Heath and Khan — were arrested separately.

“All seven of these Americans are in stable health,” and Biden has spoken with each of them, the administration official said.

They said the exchange took place Saturday “in a country between Venezuela and the United States.”

“A plane landed from our side, carrying those two — and a plane landed that departed from Venezuela carrying the seven Americans,” the official said.

“And then the passengers departed on different planes from the ones they came in on.”

Biden in his statement vowed his “unflinching commitment to keep faith with Americans held hostage and wrongfully detained all around the world.”

The United States had long contended that its seven nationals were held on spurious charges. State Department spokesman Ned Price referred to them a year ago as “political pawns.”

Relations between the two countries have been at rock-bottom for years. The United States is one of some 60 countries that refused to recognize Maduro as the legally elected president after a widely disputed 2018 election.

But Russia’s invasion of Ukraine — and the pressure it placed on global energy supplies — brought behind-the-scenes efforts to engineer at least a minimal warming with Venezuela, a major oil producer.

A high-level US delegation traveled to Caracas in March to meet with Maduro in talks some analysts saw as a possible turning point, and which Maduro described as “respectful, cordial and diplomatic.”

Following that meeting, Caracas had previously freed two Citgo employees.

On Saturday, the senior administration official said “tough negotiations” led to the Americans’ release. “We’ve been raising their cases with Venezuelans for months now.”

Ukraine forces enter key Russia-annexed town, Zelensky vows to press onward

Ukraine said Saturday its forces had begun moving into the key eastern town of Lyman, located in one of the four Ukrainian regions that Russia annexed, with President Volodymyr Zelensky pledging more areas would follow within the week.

The latest development — a feature of Kyiv’s weeks-long counter-offensive against Moscow’s invasion — comes as Germany’s defence minister made a surprise visit to Ukraine, but also amid accusations Russia killed 24 civilians in the eastern Kharkiv region.

The recapture of Lyman — which Moscow’s forces pummelled for weeks to control this spring — would mark the first Ukrainian military victory in territory that the Kremlin has claimed as its own and has vowed to defend by all possible means.

Ukraine’s defence ministry announced its forces were “entering” Lyman in the eastern Donetsk region after the army said it had “encircled” several thousand Russian troops near the town.

The ministry posted a video of soldiers holding up a yellow and blue Ukrainian flag near a sign with the town’s name.

“Throughout this week, more Ukrainian flags have been raised in the Donbas,” Zelensky said in his evening address. “There will be even more in a week.”

Shortly after Ukraine’s announcement on Lyman, Russia’s defence ministry said it had “withdrawn” troops from the town “to more favourable lines”.

With Russian losses mounting, experts have warned that President Vladimir Putin could turn to nuclear weapons to defend territory — an option floated by a Putin ally.

Chechen leader Ramzan Kadyrov said Russia should consider using low-yield nuclear weapons after Moscow’s troops were forced out of a Lyman.

“In my personal opinion, more drastic measures should be taken, up to the declaration of martial law in the border areas and use of low-yield nuclear weapons,” Kadyrov said on his Telegram channel.

Kadyrov governs Russia’s Muslim-majority Chechnya Republic with an iron fist.

The developments came a day after Putin staged a grand Kremlin ceremony celebrating the annexation of the four Ukrainian territories.

In a call with Ukrainian Defense Minister Oleksii Reznikov, Pentagon chief Lloyd Austin condemned what he called the “sham referenda”, according to a readout from his spokesman Saturday, and reiterated “the US will never recognize these illegal and illegitimate attempts at annexation.”

The four territories create a crucial land corridor between Russia and the Crimean Peninsula, also annexed by Moscow, in 2014.

Together the five regions make up around 20 percent of Ukraine, where Kyiv in recent weeks has been clawing back territory.

Elsewhere in the south Saturday, German Defence Minister Christine Lambrecht visited the port city of Odessa.

Kyiv has been urging her country to send battle tanks to aid in its counter-attack, but the German government has so far refused.

– Civilians gunned down –

Also on Saturday, Ukrainian officials accused Russia of killing 24 civilians, including 13 children, in an attack on a road convoy near a recently recaptured town in Kharkiv.

Ukrainian troops on Friday had shown AFP reporters a group of vehicles riddled with bullet holes and several corpses in civilian clothes, a short distance east of the recently recaptured town of Kupiansk.

A Ukrainian official said the death toll of a Russian attack on a separate civilian convoy near the city of Zaporizhzhia on Friday had risen to 30 civilians and one police officer killed.

Kyiv also called for the immediate release of the chief of the Moscow-held Zaporizhzhia nuclear power plant, condemning his “illegal detention” by the Russians.

Ihor Murashov was leaving the plant Friday when he was detained and “driven in an unknown direction” while blindfolded, Ukraine’s nuclear agency Energoatom said.

Zaporizhzhia — Europe’s largest nuclear energy facility — has been at the centre of tensions with Moscow and Kyiv accusing each other of strikes on and near the plant, raising fears of an atomic disaster.

– ‘Illegitimate’ annexation –

Following Friday’s annexation, Washington announced “severe” new sanctions against Russian officials and the defence industry, and said G7 allies support imposing “costs” on any nation backing annexation.

Zelensky urged the US-led military alliance NATO to grant his country fast-track membership.

He also vowed never to hold talks with Russia as long as Putin was in power.

NATO chief Jens Stoltenberg slammed the annexation as “illegal and illegitimate” but remained non-committal after Ukraine said it was applying to join the Western alliance.

Turkey said Saturday Russia’s annexation was a “grave violation of the established principles of international law”.

Despite Putin’s warnings prior to the annexation that he could use nuclear weapons to defend the captured territories, Ukraine’s Foreign Minister Dmytro Kuleba said Kyiv would “continue liberating our land and our people”.

Kuleba also said Ukraine brought the annexations to the International Court of Justice and urged the Hague-based court to hear the case “as soon as possible”.

burs/pvh/bfm/mlm

Ukraine forces entering key town in Russia-annexed region

Ukraine said Saturday its forces were entering the key eastern town of Lyman, located in one of the four Ukrainian regions that Russia annexed despite international condemnation.

The recapture of Lyman — which Moscow’s forces pummelled for weeks to control this spring — would mark the first Ukrainian military victory in territory that the Kremlin has claimed as its own and has vowed to defend by all possible means.

Ukraine’s defence ministry announced its forces were “entering” Lyman in the eastern Donetsk region after Kyiv’s army said it had “encircled” several thousand Russian troops near the town.

The ministry posted a video of soldiers holding up a yellow and blue Ukrainian flag near a sign with the town’s name.

Shortly after Ukraine’s announcement, Russia’s defence ministry said it had “withdrawn” troops from Lyman “to more favourable lines”.

Chechen leader Ramzan Kadyrov said Russia should consider using low-yield nuclear weapons after Moscow’s troops were forced out of a Lyman.

“In my personal opinion, more drastic measures should be taken, up to the declaration of martial law in the border areas and use of low-yield nuclear weapons,” Kadyrov said on his Telegram channel.

Kadyrov is in charge of Russia’s Muslim-majority Chechnya Republic which he governs with an iron fist.

The developments came a day after Russian President Vladimir Putin staged a grand ceremony in the Kremlin to celebrate the annexations of four Ukrainian territories.

“I want to say this to the Kyiv regime and its masters in the West: People living in Lugansk, Donetsk, Kherson and Zaporizhzhia are becoming our citizens forever,” Putin said.

US President Joe Biden condemned Friday’s ceremony in Moscow as a “sham routine” and pledged to continue backing Kyiv.

The four annexed territories create a crucial land corridor between Russia and the Crimean Peninsula, annexed by Moscow in 2014.

Together, the five regions make up around 20 percent of Ukraine, where Kyiv in recent weeks has been clawing back territory.

– Civilians gunned down –

On Saturday, Ukrainian officials accused Russia of killing 24 civilians, including 13 children, in an attack on a road convoy near a recently recaptured town in the eastern Kharkiv region.

Ukrainian troops on Friday had shown AFP reporters a group of vehicles riddled with bullet holes and several corpses in civilian clothes, a short distance east of the recently recaptured town of Kupiansk.

A Ukrainian official said the death toll of a Russian attack on a separate civilian convoy near the city of Zaporizhzhia on Friday had risen to 30 civilians and one police officer killed.

Kyiv also called for the immediate release of the chief of the Moscow-held Zaporizhzhia nuclear power plant, condemning his “illegal detention” by the Russians.

Ihor Murashov was leaving the plant Friday when he was detained and “driven in an unknown direction” while blindfolded, Ukraine’s nuclear agency Energoatom said. 

Zaporizhzhia — Europe’s largest nuclear energy facility — has been at the centre of tensions in recent weeks after Moscow and Kyiv accused each other of strikes on and near the plant, raising fears of an atomic disaster.

– ‘Illegitimate’ annexation –

Following Friday’s annexation, Washington announced “severe” new sanctions against Russian officials and the defence industry, and said G7 allies support imposing “costs” on any nation that backs the annexation.

Ukrainian President Volodymyr Zelensky urged the US-led military alliance NATO to grant his country fast-track membership.

He also vowed never to hold talks with Russia as long as Putin was in power.

NATO chief Jens Stoltenberg slammed the annexation as “illegal and illegitimate” but remained non-committal after Ukraine said it was applying to join the Western alliance.

Turkey said Saturday Russia’s annexation was a “grave violation of the established principles of international law”.

Despite warnings from Putin prior to the annexation that he could use nuclear weapons to defend the captured territories, Ukraine’s Foreign Minister Dmytro Kuleba said Kyiv would “continue liberating our land and our people”.

Kuleba also said Ukraine brought the annexations to the International Court of Justice and urged the Hague-based court to hear the case “as soon as possible”.

US National Security Advisor Jake Sullivan said Friday that Washington would announce an “immediate” new weapons shipment for Kyiv next week.

Sullivan also said that, while there is a “risk” of Putin using nuclear weapons, there was no indication he would do so imminently. 

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Rescue efforts continue as Florida takes stock of Hurricane Ian devastation

Shocked Florida communities counted their dead Saturday as the full scale of the devastation came into focus, two days after Hurricane Ian tore into the coastline as one of the most powerful storms ever to hit the United States.

Rescuers were still searching for survivors in flooded neighborhoods and along the state’s southwest coast, where homes, restaurants and businesses were ripped apart as Ian roared ashore as a powerful Category 4 hurricane on Wednesday.

The death toll climbed to 24 on Saturday, according to the Florida Medical Examiners Commission, with some US media reporting it could be three times that. 

Sixteen migrants also remain missing from a boat that sank during the hurricane on Wednesday, according to the US Coast Guard. Two people were found dead and nine others rescued, including four Cubans who swam to shore in the Florida Keys.

More than 1.2 million customers remained without power in Florida Saturday, hampering efforts by those who evacuated to return to their homes to take stock of what they lost. 

“It’s just flipped upside down, soaking wet, full of mud,” resident Pete Belinda said of the home he and his wife share on the lower floor of their daughter’s house in Fort Myers Beach, a town on the Gulf of Mexico coast which took the brunt of the storm.

Ian passed over Florida and into the Atlantic Ocean before making US landfall again, this time on the South Carolina coast on Friday as a Category 1 hurricane, with maximum sustained winds of 85 miles (140 kilometers) per hour.

It was later downgraded to a post-tropical cyclone, and is set to dissipate over Virginia later Saturday.

More than 320,000 people remained without power across North and South Carolina and Virginia, the tracking website poweroutage.us said Saturday.

“We’re just beginning to see the scale of the destruction” in Florida, US President Joe Biden said Friday.

“It’s likely to rank among the worst in the nation’s history,” he said of Ian.

With damage estimates running into the tens of billions of dollars, Biden said it’s “going to take months, years to rebuild.”

“It’s not just a crisis for Florida,” he said. “This is an American crisis.”

CoreLogic, a firm that specializes in property analysis, said wind-related losses for residential and commercial properties in Florida could cost insurers up to $32 billion, while flooding losses could reach $15 billion.

“This is the costliest Florida storm since Hurricane Andrew made landfall in 1992,” CoreLogic’s Tom Larsen said.

– Rescues continue – 

On Friday, the Coast Guard said it had made 117 rescues using boats and helicopters of people trapped in flooded homes.

Governor Ron DeSantis said hundreds of other rescue personnel were going door-to-door “up and down the coastline.”

Many Floridians evacuated ahead of the storm, but thousands chose to shelter in place and ride it out.

Two hard-hit barrier islands near Fort Myers — Pine Island and Sanibel Island — were cut off after the storm damaged causeways to the mainland.

Aerial photo and video show breathtaking destruction in Sanibel and elsewhere.

In Fort Myers Beach, a recreational boat called Crackerjack sat atop a pile of debris like an abandoned toy. A trailer park was blasted away to almost nothing.

A handful of restaurants and bars reopened in Fort Myers, giving an illusion of normalcy amid downed trees and shattered storefronts.

Before pummeling Florida, Ian plunged all of Cuba into darkness after downing the island’s power network.

Electricity was gradually returning, but many homes remain without power.

Human-induced climate change is resulting in more severe weather events across the globe, scientists say — including with Ian.

According to a rapid and preliminary analysis, human-caused climate change increased the extreme rain that Ian unleashed by over 10 percent, US scientists said.

Ukraine forces entering key town in Russia-annexed region

Ukraine said Saturday its forces were entering the key eastern town of Lyman, located in one of the four Ukrainian regions that Russia annexed despite international condemnation.

The recapture of Lyman — which Moscow’s forces pummelled for weeks to control this spring — would mark the first Ukrainian military victory in territory that the Kremlin has claimed as its own and has vowed to defend by all possible means.

Ukraine’s defence ministry announced its forces were “entering” Lyman in the eastern Donetsk region after Kyiv’s army said it had “encircled” several thousand Russian troops near the town.

The ministry posted a video of soldiers holding up a yellow and blue Ukrainian flag near a sign with the town’s name.

Shortly after Ukraine’s announcement, Russia’s defence ministry said it had “withdrawn” troops from Lyman “to more favourable lines”.

The development came a day after Russian President Vladimir Putin staged a grand ceremony in the Kremlin to celebrate the annexations of four Ukrainian territories.

“I want to say this to the Kyiv regime and its masters in the West: People living in Lugansk, Donetsk, Kherson and Zaporizhzhia are becoming our citizens forever,” Putin said.

US President Joe Biden condemned Friday’s ceremony in Moscow as a “sham routine” and pledged to continue backing Kyiv.

The four annexed territories create a crucial land corridor between Russia and the Crimean Peninsula, annexed by Moscow in 2014.

Together, the five regions make up around 20 percent of Ukraine, where Kyiv in recent weeks has been clawing back territory.

– Civilians gunned down –

On Saturday, Ukrainian officials accused Russia of gunning down 24 civilians, including children, in an attack on a road convoy near a recently recaptured town in the eastern Kharkiv region.

Ukrainian troops on Friday had shown AFP reporters a group of vehicles riddled with bullet holes and several corpses in civilian clothes, a short distance east of Kupiansk.

Kyiv also called for the immediate release of the chief of the Moscow-held Zaporizhzhia nuclear power plant, condemning his “illegal detention” by the Russians.

Ihor Murashov was leaving the plant Friday when he was detained and “driven in an unknown direction” while blindfolded, Ukraine’s nuclear agency Energoatom said. 

Zaporizhzhia — Europe’s largest nuclear energy facility — has been at the centre of tensions in recent weeks after Moscow and Kyiv accused each other of strikes on and near the plant, raising fears of an atomic disaster.

– ‘Illegal and illegitimate’ annexation –

Following Friday’s annexation, Washington announced “severe” new sanctions against Russian officials and the defence industry, and said G7 allies support imposing “costs” on any nation that backs the annexation.

Ukrainian President Volodymyr Zelensky urged the US-led military alliance NATO to grant his country fast-track membership.

He also vowed never to hold talks with Russia as long as Putin was in power.

NATO chief Jens Stoltenberg slammed the annexation as “illegal and illegitimate” but remained non-committal after Ukraine said it was applying to join the Western alliance.

Turkey said Saturday Russia’s annexation was a “grave violation of the established principles of international law”.

Despite warnings from Putin prior to the annexation that he could use nuclear weapons to defend the captured territories, Ukraine’s Foreign Minister Dmytro Kuleba said Kyiv would “continue liberating our land and our people”.

Kuleba also said Ukraine brought the annexations to the International Court of Justice and urged the Hague-based court to hear the case “as soon as possible”.

US National Security Advisor Jake Sullivan said Friday that Washington would announce an “immediate” new weapons shipment for Kyiv next week.

Sullivan also said that while there is a “risk” of Putin using nuclear weapons, there was no indication he would do so imminently. 

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Russian troops 'encircled' near key Ukraine town in annexed region

Ukraine said Saturday it encircled several thousand Russian troops near a key town in one of the four Moscow-held territories that President Vladimir Putin annexed a day earlier despite condemnation from Kyiv and the West.

Putin staged a grand ceremony in the Kremlin on Friday to celebrate the annexations of four territories controlled by his army.

“I want to say this to the Kyiv regime and its masters in the West: People living in Lugansk, Donetsk, Kherson and Zaporizhzhia are becoming our citizens forever,” Putin said.

US President Joe Biden condemned Friday’s ceremony in Moscow as a “sham routine” and pledged to continue backing Kyiv.

On Saturday, Ukrainian forces were on the doorstep of Lyman town in Donetsk, which Moscow’s forces pummelled for weeks to capture this spring.

Ukraine’s army said Saturday that it had “encircled” a Russian grouping near the eastern town, estimating it to be around 5,000 troops.

The governor of the neighbouring Lugansk region, Sergiy Gaiday, said the surrounded soldiers have three options: “try to break through, all die together or surrender.”

The Kremlin-backed leader of Donetsk said Friday that Russian troops and their allies were holding on to Lyman with “their last strength”.

The four annexed territories create a crucial land corridor between Russia and the Crimean Peninsula, annexed by Moscow in 2014.

Together, the five regions make up around 20 percent of Ukraine, where Kyiv in recent weeks has been clawing back territory.

– ‘Illegal and illegitimate’ annexation –

Washington announced “severe” new sanctions against Russian officials and the defence industry, and said G7 allies support imposing “costs” on any nation that backs the annexation.

Ukrainian President Volodymyr Zelensky immediately urged the US-led military alliance NATO to grant his country fast-track membership.

He also vowed never to hold talks with Russia as long as Putin was in power.

NATO chief Jens Stoltenberg slammed the annexation as “illegal and illegitimate” but remained non-committal after Ukraine said it was applying to join the Western alliance.

The United States and Canada voiced support for Ukraine’s membership but steered clear of promises to fast-track it.

Turkey said Saturday Russia’s annexation was a “grave violation of the established principles of international law”.

Despite warnings from Putin prior to the annexation that he could use nuclear weapons to defend the captured territories, Ukraine’s Foreign Minister Dmytro Kuleba said Kyiv would “continue liberating our land and our people”.

Kuleba also said Ukraine brought the annexations to the International Court of Justice and urged the Hague-based court to hear the case “as soon as possible”.

– Nuclear plant boss detained –

US National Security Advisor Jake Sullivan said Friday that Washington would announce an “immediate” new weapons shipment for Kyiv next week.

Sullivan also said that while there is a “risk” of Putin using nuclear weapons, there is no indication he would do so imminently. 

On Saturday, Ukraine’s nuclear agency said a “Russian patrol” detained the director general of the Moscow-held Zaporizhzhia nuclear power plant. 

Ihor Murashov was leaving the plant Friday when he was detained and “driven in an unknown direction” while blindfolded, Energoatom said. 

Zaporizhzhia — Europe’s largest nuclear energy facility — has been at the centre of tensions in recent weeks after Moscow and Kyiv accused each other of strikes on and near the plant, raising fears of an atomic disaster.

Russia on Friday vetoed a UN Security Council resolution condemning the annexation of the regions, while China, India, Brazil and Gabon abstained.

Although Russia’s veto was a certainty, Western powers had hoped to demonstrate Moscow’s growing isolation on the world stage and will now take the condemnation effort to the General Assembly, where every nation has a vote and none can kill a resolution.

At a UNESCO meeting Friday in Mexico City, representatives of dozens of countries walked out as Russia took the floor, symbolically condemning the invasion of Ukraine.

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After devastating Florida, Hurricane Ian begins to wind down

Deadly Hurricane Ian, one of the most powerful storms ever to hit the United States, was still dumping rain on parts of the country early Saturday, but was beginning to wind down after walloping Florida.

The National Hurricane Center (NHC) said Ian made landfall on Friday afternoon near Georgetown, South Carolina, as a Category 1 hurricane with maximum sustained winds of 85 miles (140 kilometers) per hour.

It was later downgraded to a post-tropical cyclone, and by 5 am Saturday (0900 GMT) its sustained windspeeds had decreased to near 35 miles per hour as it passed through North Carolina, according to the NHC.

Though the NHC said heavy rains continued and “limited” flooding was still possible across the central Appalachians and Mid-Atlantic as Ian moved north, the storm was expected to continue weakening and was “forecast to dissipate over south-central Virginia” by Saturday night.

As for storm-ravaged Florida, President Joe Biden said Friday: “We’re just beginning to see the scale of the destruction.

“It’s likely to rank among the worst in the nation’s history,” he said of Ian, which barreled into Florida’s southwest coast on Wednesday as a Category 4 storm, a tick shy of the most powerful on the Saffir-Simpson wind scale.

The death toll from the storm stood at 23, the Florida Department of Law Enforcement said Friday evening.

News outlets quoting county officials have given even higher tolls, with CNN saying 45 fatalities have been blamed on Ian.

Seventeen migrants also remain missing from a boat that sank during the hurricane on Wednesday, according to the Coast Guard. One person was found dead and nine others rescued, including four Cubans who swam to shore in the Florida Keys.

With damage estimates running into the tens of billions of dollars, Biden said it’s “going to take months, years to rebuild.”

“It’s not just a crisis for Florida,” he said. “This is an American crisis.”

CoreLogic, a firm that specializes in property analysis, said wind-related losses for residential and commercial properties in Florida could cost insurers up to $32 billion while flooding losses could go as high as $15 billion.

“This is the costliest Florida storm since Hurricane Andrew made landfall in 1992,” CoreLogic’s Tom Larsen said.

– ‘We made it through’ – 

Rescue teams were assisting survivors Friday in devastated Florida communities and the US Coast Guard said it had made 117 rescues using boats and helicopters of people trapped in flooded homes.

Governor Ron DeSantis said hundreds of other rescue personnel were going door-to-door “up and down the coastline.”

DeSantis said the coastal town of Fort Myers, where the hurricane first made landfall, was “ground zero” but “this was such a big storm that there are effects far inland,” including serious flooding in the city of Orlando.

Many Floridians evacuated ahead of the storm, but thousands chose to shelter in place and ride it out.

More than 1.4 million Florida residents were still without electricity on Friday and two hard-hit barrier islands near Fort Myers — Pine Island and Sanibel Island — were cut off after the storm damaged causeways to the mainland.

Aerial photo and video show breathtaking destruction in Sanibel and elsewhere.

In Fort Myers Beach, a recreational boat called Crackerjack sat atop a pile of debris like an abandoned toy. A trailer park was blasted away to almost nothing.

Meanwhile in North and South Carolina, nearly half a million customers were without power, according to tracking website poweroutage.us.

In Fort Myers, a handful of restaurants and bars reopened, giving an illusion of normalcy amid downed trees and shattered storefronts.

Dozens of people sat out on terraces under a bright sun, drinking beer and eating.

Dylan Gamber, 23, said he had been waiting for two hours at a pizzeria to get food to bring home.

“It was kind of bad, but we made it through,” Gamber said. “The roof of our house came off, a big tree collapsed across our vehicles, our yard was flooded, but other than that we were pretty good.

“As a community, we seem to be coming together and helping each other out.”

– ‘All submerged’ –

In nearby Bonita Springs, Jason Crosser was inspecting the damage to his store.

“The water went over the whole building,” said Crosser, 37. “It was all submerged. It’s all saltwater and water damage.”

Before pummelling Florida, Ian plunged all of Cuba into darkness after downing the island’s power network.

Electricity was gradually returning, but many homes remain without power.

Human-induced climate change is resulting in more severe weather events across the globe, scientists say — including with Ian.

According to a rapid and preliminary analysis, human-caused climate change increased the extreme rain that Ian unleashed by over 10 percent, US scientists said.

Boats in the streets, cars in the sea: Fort Myers Beach pummeled by Ian

As Pete Belinda and his wife slowly walked down a road outside Fort Myers Beach on the southwestern coast of Florida, they each dragged a large suitcase behind them. 

“This is all we have left,” Belinda said, shaken and visibly tired.

The town, a quiet place on the shores of the Gulf of Mexico, became the epicenter of destruction as Hurricane Ian slammed into Florida on Wednesday as a powerful Category 4 storm.

The couple lived on the lower floor of their daughter’s house, where they moved six months ago, but the storm has left them without a home.

“It’s just flipped upside down, soaking wet, full of mud,” Belinda said. 

“We don’t really know what we will do now. We’re reaching out to some friends and family for somewhere to live for a while because we don’t have anywhere to go.”

Fort Myers Beach is practically deserted now, traversed solely by emergency services vehicles and the handful of people who returned to their homes take stock of what they lost.

The part of town hit hardest by Ian, the area closest to the sea on Estero Island, was reduced to a field of ruins.

Police have restricted access for those who do not live in the neighborhood, but photos taken from a helicopter flight showed the magnitude of the damage.

Strong winds razed the wooden houses in the area — in some spots there wasn’t even rubble, just empty plots where homes once stood.

Rich Gibboni is one of those who lost his home.

“The second floor caved in from the wind, and the first floor was flooded all the way up to the second floor,” he said, sounding resigned.

The 50-year-old had come to another neighborhood in Fort Myers Beach to look for provisions before heading back to Estero Island, where he was taking shelter in a hotel with about 20 other people.

Nearby, 72-year-old holidaymaker Chris Bills pulled her hat down on her head as she waited for a bus to pick up her and her husband. 

Earlier in the day, an emergency services patrol had given them two hours to gather their belongings and vacate the apartment they had rented near the sea.

The couple traveled to Florida from England to enjoy warmer weather, and had not been worried about hurricane warnings.

“We didn’t think that it would be so severe,” Bills said.

“I was extremely scared. We’ve never experienced anything like this before.”

In the neighborhood they were leaving behind, the force of the hurricane had left dozens of boats grounded in the streets — some still moored to pieces of a pier — and dragged cars out into a nearby bay where they remained floating.

But Gibboni said he hadn’t given up hope after the destruction wrought by Ian.

“We got to survive. This is the only way to do it,” he said.

“We have got to restart. It’s gonna take a long time, so we just got to get back on our feet.”

UK housing market hit by budget fallout

Britain’s housing market has been rocked by the UK government’s costly budget, as retail banks pull mortgage rates in anticipation of more costly products, sparking fears of tumbling home prices.

Homebuyers are gripped by panic after the Bank of England declared it would not hesitate to lift its main interest rate in response to the government’s anticipated borrowing splurge that many see as further fuelling sky-high inflation.

– ‘Torrid week’ –

“It has been a torrid week for the mortgage market,” Sarah Coles, personal finance analyst at broker Hargreaves Lansdown, told AFP.

Home-loan providers, which offer mortgages based on the central bank’s rate, have scrapped about 40 percent of available products since the budget on September 23, according to data provider Moneyfacts.

That equates to more than 1,600 mortgage rates offered for a fixed period of time. 

Coles said “the market struggled to function normally” as the pound struck a record-low against the dollar following the economic plan announced by the government of new Prime Minister Liz Truss.

The central bank reacted by launching emergency purchases of long-dated UK government bonds as soaring yields put pension funds at risk of collapse.

“Lenders withdrew (mortgage) rates for new customers while they waited for the dust to settle,” said Coles. 

“Once things feel more functional, they will be back but at a higher rate.”

Major UK bank Barclays said that “due to high demand” it “withdrew a small number of mortgage products from sale for new customers”. 

For some time, the average mortgage rate has hovered around two percent for a fix lasting between two and five years, according to Moneyfacts.

However, those same mortgage deals are now approaching five percent, more than doubling monthly repayment costs.

– Added costs –

Tom Bill, head of UK residential research at Knight Frank, told AFP that mortgage holders could find themselves paying an additional “hundreds of pounds per month, that they’re going to have to find”, adding to the cost-of-living crisis.

The removal of mortgage deals “is a bitter pill to swallow for those who want to move and those with fixed terms due to end”, said Tim Bannister, a director at online property firm Rightmove.

“And it will impact buyers’ budgets, especially those who were already stretching themselves.”

Richard Donell, executive director of online property group Zoopla, said rising mortgage rates “have been brewing for some time”. 

The Bank of England has in less than a year hiked its interest rate to 2.25 percent from a record-low 0.1 percent in a bid to cool decades-high inflation.

Experts are predicting the BoE’s rate will peak close to six percent in the first half of next year. Before the budget, the market consensus forecast had been for a four-percent pinnacle.

– House prices to slump? –

Analysts are meanwhile predicting that British house prices are heading for a protracted slump after soaring in recent times as demand outpaces supply.

The average British home price surged 9.5 percent in September from a year earlier, home loans provider Nationwide revealed on Friday.

However prices were flat last month compared with August.

“The stall in house prices in September was little surprise given the growing downward pressure on demand from rising mortgage rates,” said Capital Economics analyst Andrew Wishart.

“This marks the beginning of the most significant correction in house prices since 2007”, when the global financial crisis began to emerge.

In his budget, finance minister Kwasi Kwarteng lifted the point at which tax is levied on purchases of residential properties — a benefit that has seemingly been wiped out by the shake up of mortgage rates.

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