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Trump proposes US control of Gaza, resettlement for Palestinians

Trump seeks US control of Gaza, proposes Palestinian resettlement; plans visit to discuss ceasefire with regional leaders.

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Trump seeks US control of Gaza, proposes Palestinian resettlement; plans visit to discuss ceasefire with regional leaders.

 

In Short

During a White House meeting, President Trump proposed US control over Gaza and resettlement of Palestinians to neighboring countries, calling Gaza a “demolition site” and suggesting wealthy Arab nations fund the effort. His plan aims to redevelop Gaza, potentially making it a tourist hub, but faced rejection from regional leaders and Palestinians.

Trump described Gaza as a “demolition site” and proposed that wealthier Arab nations should fund the relocation efforts. His comments have been met with strong rejection from regional leaders and Palestinian officials.

The president indicated he would visit Gaza soon and mentioned plans to discuss the ceasefire deal with Jordan’s king next week.

Trump envisions a redevelopment of Gaza which he believes could bring stability to the region and described it as potentially becoming “the future Riviera of the Middle East.” He emphasized the creation of jobs through this initiative and expressed confidence in receiving support from leaders in the region.

In response, the Palestinian UN representative reiterated the perspective that Gaza is part of their homeland and emphasized the need for respect toward Palestinian wishes.

The broader implications of Trump’s proposals could significantly shift US foreign policy in the Middle East, raising concerns of forced displacement among Gazans.

The meeting with Israeli Prime Minister Benjamin Netanyahu highlighted continued US support for Israel, reinforcing Trump’s commitment to developing relations in the context of the ongoing conflict.

As peace negotiations and potential military strategies unfold, the situation in the region remains critical.

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Markets brace as U.S. government reopens ahead of key Fed signals

U.S. government funded through January; traders anxious amid economic data delays and potential December rate cut.

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U.S. government funded through January; traders anxious amid economic data delays and potential December rate cut.


The U.S. government is funded through January, averting another shutdown for now, but economic data delays and shifting Fed expectations are keeping traders on edge.

Markets now price in a 64% chance of a December rate cut as officials deliver crucial speeches this week.

#USMarkets #FederalReserve #GovernmentShutdown #InterestRates #USEconomy #WallStreet #Inflation #Treasury #FinanceNews #GlobalMarkets


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Starmer under strain as leadership rumours grow

Keir Starmer faces internal pressure and speculation of a leadership challenge ahead of the crucial Autumn Budget.

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Keir Starmer faces internal pressure and speculation of a leadership challenge ahead of the crucial Autumn Budget.


UK Prime Minister Keir Starmer faces mounting internal pressure amid talk of a leadership challenge and economic strain ahead of the Autumn Budget.

Chancellor Rachel Reeves’ looming tax decisions and Starmer’s sinking approval ratings are fuelling speculation across Westminster.

#UKPolitics #KeirStarmer #LabourParty #RachelReeves #AutumnBudget #LeadershipChallenge #BritishPolitics #Westminster #Economy #UKNews


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SoftBank sells Nvidia stake to fund massive AI push

SoftBank sells $5.8B Nvidia stake to invest in AI, sparking analysts’ views on Masayoshi Son’s bold gamble.

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SoftBank sells $5.8B Nvidia stake to invest in AI, sparking analysts’ views on Masayoshi Son’s bold gamble.


SoftBank has sold its entire $5.8 billion Nvidia stake to double down on artificial intelligence, investing heavily in OpenAI and the colossal $500 billion Stargate data-centre project.

Analysts say it’s Masayoshi Son’s boldest tech gamble yet.

#SoftBank #Nvidia #OpenAI #AI #MasayoshiSon #Stargate #TechNews #Investing #DataCenters #ArtificialIntelligence


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