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Photo: Popular Mobilization Forces Media Office, Iraq, via AP

In Baghdad Saturday, thousands of Iraqi mourners held a funeral procession for Qasem Soleimani, chanting: "America is the Great Satan," AP reports.

Context: Soleimani's body will be sent back to his hometown in Iran where he will be buried after the funeral processions in Iraq are completed, BBC writes. Iraqis are also mourning the death of Abu Mahdi al-Muhandis, a senior Iraqi militia commander who was killed in the same drone strike, per AP.

In photos:
In Tehran, Iranians demonstrate Friday against the U.S. airstrike. Photo: Majid Saeedi/Getty Images
Supporters of the Hashed al-Shaabi paramilitary force attend the funeral procession of Iraqi paramilitary chief Abu Mahdi al-Muhandis, Iranian military commander Qasem Soleimani. Photo: Ahmad Al-Rubaye/AFP via Getty Images
Members of the Hashed al-Shaabi paramilitary force step on a makeshift U.S. flag with a caricature of President Trump. Photo: Ahmad Al-Rubaye/AFP via Getty Images

Go deeper: The next move on Iran

Go deeper

Biden taps Brian Deese to lead National Economic Council

Brian Deese (L) in 2015 with special envoy for climate change Todd Stern (C) and Secretary of State John Kerry (R). Photo: Mandel Ngan/AFP via Getty Images

President-elect Joe Biden announced Thursday that he has selected Brian Deese, a former Obama climate aide and head of sustainable investing at BlackRock, to serve as director of the National Economic Council.

Why it matters: The influential position does not require Senate confirmation, but Deese's time working for BlackRock, the world's largest asset manager and an investor in fossil fuels, has made him a target of criticism from progressives.

Felix Salmon, author of Capital
31 mins ago - Economy & Business

The places regulation does not reach

Illustration: Aïda Amer/Axios

Financial regulation is not exactly simple anywhere in the world. But one country stands out for the sheer amount of complexity and confusion in its regulatory regime — the U.S.

Why it matters: Important companies fall through the cracks, largely unregulated, while others contend with a vast array of regulatory bodies, none of which are remotely predictable.

1 hour ago - Economy & Business

Boeing gets huge 737 Max order from Ryanair, boosting hope for quick rebound

Ryanair low cost airline Boeing 737-800 aircraft as seen over the runway. Photo by Nik Oiko/SOPA Images/LightRocket via Getty Images

Dublin-based Ryanair said it would add 75 more planes to an existing order for Boeing's 737 Max airplanes, a giant vote of confidence as Boeing seeks to revive sales of its best-selling plane after a 20-month safety ban following two fatal crashes.

The big picture: Ryanair's big order, on the heels of breakthrough vaccine news, is also a promising sign that the devastated airline industry might recover from the global pandemic sooner than expected.