Gold extended a sharp selloff, dropping around 5–6% in a single session to near $4,200 per ounce, marking a steep correction from its recent highs above $5,300 as rising oil prices, a stronger U.S. dollar, and expectations of prolonged higher interest rates triggered broad liquidation across precious metals.

Silver declined even more aggressively with an overall of 45–50% from peak, with losses accelerating into double-digit weekly of 14–20%.

U.S. forces report ongoing operations targeting Iran’s one-way attack drone capabilities.

Crazy footage of an Iranian ballistic missile falling in the Old Town of Jerusalem today.

It hit just 300 meters from the Al-Aqsq Mosque

The government of Argentina carried out several military exercises in the south of the country in recent days, focusing on artillery.

At least 90 soldiers died this Monday after a Colombian Air Force C-130 Hercules military aircraft crashed in the town of Puerto Leguízamo.

BREAKING:

Iran has reportedly rejected a peace proposal put forward by the United States.

According to officials, Tehran responded negatively to the American initiative aimed at ending the ongoing conflict, which it has described as an “imposed war.

Global financial markets experienced sharp volatility on Monday, with major stock indexes declining while oil prices climbed to elevated levels.

A trend likely to increase inflationary pressures, raise energy and transport costs, and slow economic growth across multiple countries worldwide.

At least 80 people have been killed, with many more reported missing, after devastating landslides struck Ethiopia, according to Sky News. The disasters follow heavy rainfall across East Africa, which has also claimed over 60 lives in neighboring Kenya.

Ghana and South Korea Strengthen Maritime Security and Cooperation
Ghana’s President John Mahama and South Korea’s President Yoon Suk Yeol have agreed to deepen collaboration on maritime security, climate policy, and digital innovation, signing three agreements including a maritime safety pact between the Korea Coast Guard and Ghana Navy.

Tanzanian Billionaire Acquires Majority Stake in East Africa’s Largest Media Group.

Tanzanian businessman Rostam Azizi has purchased a 54.08% controlling stake in Kenya’s Nation Media Group, marking a historic shift in ownership. The stake was previously held by the Aga Khan Fund for Economic Development, which ended its 66-year involvement with the company.

https://www.southerncrossreport.com/post/the-crisis-in-the-middle-east-and-a-new-push-toward-africa

The escalating conflict in the Middle East is sending shockwaves through global energy markets, forcing countries to rethink long-standing alliances and supply chains. As oil and gas prices surge and critical infrastructure comes under attack, nations across Southeast Asia and Africa are turning to new partners — with Russia aggressively expanding its reach. South Africa, despite infrastructure and logistical challenges, is now being drawn into these emerging energy discussions, highlighting both its vulnerability to global instability and the urgent need to secure alternative energy sources. As President Cyril Ramaphosa warns of serious economic fallout, the crisis is not only reshaping global power dynamics but placing Africa at the center of a rapidly evolving energy landscape.

The White House and Pentagon are reportedly considering the deployment of up to 10,000 additional U.S. combat troops to the Middle East, according to officials familiar with the discussions.

A decision is expected in the coming week as the administration evaluates a range of military options in response to rising tensions with Iran. These considerations reportedly include the potential use of ground forces alongside other strategic measures.

Iran is reportedly prepared to mobilize more than one million fighters in the event of a U.S. ground invasion, according to Tasnim News Agency, citing a source linked to the Islamic Revolutionary Guard Corps (IRGC).

The claim underscores escalating tensions in the region, though such figures have not been independently verified.

Wall Street recorded its steepest decline since the onset of the Iran conflict, as fading hopes for a diplomatic resolution weighed heavily on investor sentiment.

The S&P 500 fell 1.7%, putting it on track for a fifth consecutive weekly loss, while the Dow Jones Industrial Average dropped 1%. The tech-heavy Nasdaq led losses, sliding 2.4%.

TRUMP ON IRAN

Donald Trump said Iran has an opportunity to permanently abandon its nuclear ambitions and pursue a different path forward, warning that failure to do so would prompt continued U.S. military action.

He added that, in the absence of an agreement, the United States would intensify its operations, stating that strikes would continue if Iran does not change course.

Madagascar Military Leader Dissolves Cabinet in Surprise Move

Colonel Randrianirina, who took power in a coup last year, has abruptly dissolved his cabinet without explanation, removing the government he previously appointed. No timeline has been given for forming a new administration.

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BREAKING: Reports indicate an alleged deadly attack in Nigeria on Palm Sunday, where Christian residents were reportedly targeted by Islamist militants. Victims were allegedly left lying in the streets of their village, raising questions about the limited international response and attention.

Senegal Lawmakers Pass Tougher Anti-LGBT Law

Senegal’s parliament has approved a bill doubling prison terms for same-sex acts and criminalising the promotion of homosexuality. The move significantly strengthens existing laws and has drawn international human rights concern.

Overnight, U.S. Air Force strategic bombers including B-1 Lancers and B-52 Stratofortresses carried out large-scale airstrikes on military-industrial sites in Tehran, as well as concealed command centers linked to Iran’s Revolutionary Guard Corps (IRGC).

A protest in Buffalo City Metro, Eastern Cape, turned violent on Monday as demonstrators opposing alleged Nigerian “kingdom” influence attacked foreign-owned businesses and vehicles.
Police used stun grenades and tear gas to disperse the crowd. Around ten vehicles linked to foreign nationals were stoned, damaged, and some set alight.
The unrest followed circulation of an unverified video showing the alleged “coronation” of a Nigerian Igbo leader, Chief Solomon Ogbonna Eziko, as “Igwe Ndigbo” of East London.

🇿🇦🔥🇳🇬 Violent unrest has erupted in East London, Eastern Cape, where rioters have set fire to vehicles and properties owned by foreign nationals. The attacks are reportedly in response to the alleged coronation of a Nigerian “Igbo king” in the area.