Trump urges to cut rates before Powell testimony
U.S. President Donald Trump called for a major interest rate cut before Federal Reserve Chair Jerome Powell’s testimony to Congress.
U.S. President Donald Trump confirmed a ceasefire between Israel and Iran is now in effect, urging both sides not to violate it. This came just hours after Iran launched multiple missile attacks, killing four people in the Israeli city of Beersheba.
On Monday, Trump announced a "complete ceasefire" to end 12 days of fighting, allowing both sides time to complete ongoing operations before it took effect. Witnesses reported explosions in Tel Aviv and Beersheba shortly before his statement.
Israel’s military confirmed Iran launched six waves of missiles. Iran’s media later reported that its final round was fired just before the ceasefire deadline. Iran’s foreign ministry said they would stop if Israel halted its “aggression.”
Trump reportedly brokered the deal in a call with Israeli PM Netanyahu. Qatar also played a role, and U.S. officials were in contact with Iran during talks.
Israel and the U.S. launched major airstrikes over the weekend on Iran’s nuclear sites. Iran denies seeking nuclear weapons, though U.S. officials say they were close.
Markets reacted positively to the ceasefire, with U.S. stock futures rising and oil prices dropping.
Despite heavy strikes and an evacuation of people from Tehran, Trump said the goal was only to dismantle Iran’s nuclear program—not to start a wider war.
Vice President JD Vance claimed Iran’s nuclear capabilities were destroyed, though U.S. intelligence still believes Iran wasn't building a bomb.
Iran launched 18 ballistic missiles late Sunday targeting the U.S. military’s Al-Udeid Air Base in Qatar, the largest American installation in the Middle East.
Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
A high-speed tram derailment in central Gothenburg, Sweden, has left at least eight people injured late on Thursday (19 June), after the vehicle slammed into a snack bar on Avenyn Avenue.
China has unveiled a mosquito-sized bionic drone designed for covert military operations and battlefield reconnaissance, marking a major advance in micro-robotics and stealth technology as part of the country’s growing focus on next-generation warfare capabilities.
Wizz Air has suspended all flights to and from Tel Aviv, Israel, and its European services to Amman, Jordan, effective immediately until 15 September due to escalating situation in the Middle East. Also, the air carrier temporarily suspended its flights between Astana, Kazakhstan, and Abu Dhabi.
A new MIT study has found that regular use of Artificial Intelligence tools such ChatGPT, may lower brain activity and diminish critical thinking, raising concerns about their growing role in education and professional life.
Floods triggered by relentless monsoon rains have forced people to evacuate across China's Guizhou province, with cities urging residents to flee rising waters as infrastructure collapses and warnings of more extreme weather loom.
A deadly weekend attack on a hospital in Sudan claimed the lives of more than 40 people, including children and healthcare workers, drawing international condemnation.
Russia’s Foreign Minister Sergey Lavrov welcomed the Israel–Iran ceasefire on Tuesday but warned it was too early to say if the truce would hold.
Canada and the European Union signed a new Security and Defence Partnership on Monday in Brussels, marking a major step toward deepening transatlantic cooperation in military and security affairs.
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