Mar 5, 2018

Iran to continue missile program despite warnings from the West

Iran's ballistic missiles on display. Photo: Fatemeh Bahrami / Anadolu Agency via Getty Images

A spokesperson the Iranian Armed Forces told Tasmin news agency that Iran’s missile program "will continue non-stop and foreign powers have no right to intervene on this issue," per Reuters. No Iranian official has permission to "discuss this issue with foreigners," he added.

The backdrop: Israeli Prime Minister Benjamin Netanyahu is expected to demand stricter sanctions against short-range Iranian missiles during a meeting with President Trump today, Axios contributor Barak Ravid reports.

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#MeToo gets Weinstein

A man carries out Weinstein's walker. Photo: Johannes Eisele/AFP/Getty Images

Hollywood titan Harvey Weinstein is now a convicted rapist, two years and four months after accusations against him helped ignite the #MeToo movement.

Why it matters: To date, #MeToo has resulted in hundreds of powerful men losing their jobs. Seven have been criminally convicted, with four others still facing charges.

JPMorgan Chase to pull support for some fossil fuels

Illustration: Sarah Grillo/Axios

JPMorgan Chase said Monday that it won’t directly finance new oil and gas development in the Arctic and will significantly curtail its financing of the extraction and burning of coal.

Why it matters: JPMorgan is the world’s largest funder of fossil-fuel companies, according to a report by the Rainforest Action Network (RAN). The announcement follows similar moves by other big banks and investment firms, including Goldman Sachs and BlackRock.