News
“Full scale war”: UN’s Mid East warning to Israel and Palestine
Israel has killed a Hamas commander and vowed no let-up in its Gaza barrages.
Palestinian militants rained rockets far across the border.
Washington is now trying to try to calm their most intense hostilities in years.
The UN Secretary General says he’s gravely concerned by the ongoing violence in the Middle East, with fears of a full scale war.
The deadly exchange of fire between Palestinian militants in the Gaza Strip and the Israeli military is continuing to worsen, as tensions escalate quickly.
Israel claims more than 1,000 rockets were fired by Palestinian militants.
In response, Israel carried out hundreds of air strikes on Gaza, destroying three tower blocks and killing senior Hamas officials.
A 13-storey residential building in Gaza collapsed after it was hit by an Israeli air strike, one of hundreds that Israel said it had carried out against Hamas targets.
The incoming rocket fire was so relentless that Israel’s Iron Dome rocket-defence system was overwhelmed.
At least 53 Palestinians and six Israelis died, including 14 Palestinian children.
Israel’s response
While the US is calling for Israel to be mindful of civillian casualties, the country’s Prime Minister remains defiant.
We are at the height of a weighty campaign”
BENJAMIN NETANYAHU | ISRAELI PRIME MINISTER
Israeli Prime Minister Benjamin Netanyahu warns Palestinian militants will pay a “very heavy” price after three Israelis died from rocket attacks on Tel Aviv, in the latest round of violence to roil the region.
In Tel Aviv, air raid sirens were heard around the city. For Israel, the militants’ targeting of Tel Aviv, its commercial capital, poses a new challenge in the confrontation with the Islamist Hamas group.
The White House says Israel has a legitimate right to defend itself from rocket attacks but is applying pressure on Israel over the treatment of Palestinians.
Describing the scenes of destruction in Gaza as ‘harrowing,’ Secretary of State Antony Blinken says a senior aide, Hady Amr, will be sent to urge Israelis and Palestinians to seek calm.
News
Big Tech earnings spark investor unease over AI spending
Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.
Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.
Investors are reacting sharply to Big Tech earnings this week, sending a clear signal that massive spending must translate into real growth. Markets are becoming less forgiving as companies pour billions into artificial intelligence, data centres and future tech while returns remain uncertain.
Meta has delivered a standout performance, posting a 24 percent jump in revenue for the December quarter, fuelled by AI-powered advertising. The company is doubling down on its strategy, with aggressive investment in AI and infrastructure expected to drive a further 33 percent growth this quarter.
Microsoft and Tesla tell a more cautious story. Microsoft reported only modest growth in its Azure cloud business, raising questions about its exposure to OpenAI, while Tesla plans to double spending on AI and autonomous driving. Analysts warn of a widening gap between bold AI ambitions and what investors expect in returns.
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News
Federal Reserve holds interest rates amid economic uncertainty
Federal Reserve holds interest rates steady, balancing inflation and jobs, as some governors advocate for a cut. #FederalReserve #InterestRates #Economy
Federal Reserve holds interest rates steady, balancing inflation and jobs, as some governors advocate for a cut.
The Federal Reserve has opted to keep interest rates unchanged, marking the first pause since July. Officials are showing little urgency to resume cuts, even after previous rate reductions.
Two Fed governors opposed the decision, calling for a quarter-point cut, highlighting ongoing debates within the rate-setting committee, which includes both appointed governors and regional bank presidents.
Concerns over the job market and persistent inflation continue to weigh heavily on the Fed’s policy decisions, leaving economists and investors closely watching the next moves.
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#FederalReserve #InterestRates #Economy
News
Trump warns Iran as U.S. naval forces approach amid rising tensions
Trump urges Iran to resume nuclear talks or face stronger U.S. military response amid economic struggles and tensions rise.
Trump urges Iran to resume nuclear talks or face stronger U.S. military response amid economic struggles and rising tensions.
U.S. President Donald Trump has urged Iran to return to nuclear negotiations, warning that failure to do so could result in a far more severe military response. Posting on Truth Social, Trump signalled a hardening stance as tensions between Washington and Tehran continue to rise.
Trump confirmed that a U.S. naval strike group led by the USS Abraham Lincoln is moving towards Iran, as protests grow inside the country over alleged government repression.
The show of force comes amid heightened regional instability and mounting pressure on the Iranian leadership.
#Trump #Iran #USForeignPolicy
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