Ackman pushes Fannie and Freddie’s odd economics to the limit

Doctors Without Borders (MSF) has called for an end to Israel's militarized food distribution in Gaza, labeling it as “institutionalised starvation and dehumanisation.” In a report, MSF detailed treating over 1,300 patients for gunshot wounds at clinics near GHF aid sites, highlighting violence and injuries from crowd control measures, and emphasizing the dire conditions civilians face while seeking aid. Want More Context? 🔎

An eight-year-old boy was severely injured after being impaled by his bike handlebars at a BMX track in Preston, Lancashire, on August 1. He received first aid from bystanders before being taken to Alder Hey Children’s Hospital for surgery; his mother described the incident as a "horrific freak accident," while local officials stated it was not due to any defect in the track. Want More Context? 🔎

Pensioner Marji Mansfield, arrested for protesting the UK ban on the pro-Palestinian group Palestine Action, expressed shock at being accused of terrorism. The ban, enacted after activists damaged military aircraft, has led to over 200 arrests, with demonstrators like Mansfield and others asserting their right to protest and challenge government actions amidst the ongoing Israel-Palestine conflict. Want More Context? 🔎

Trump's Tariffs Take Effect President Trump's comprehensive tariffs, imposing a baseline 10% duty on most imports, took effect after months of delays, increasing the average effective tariff rate to over 17%, the highest since 1935. The move, aimed at reshaping global trade, has raised concerns about inflation and economic stability, with households projected to face an average cost increase of $2,400 this year. Want More Context? 🔎

Former National Youth Theatre performers and parents allege that entertainer Cole Thomas Johnston, 28, charged with grooming and raping a girl, worked for the organization during the years of his alleged offenses, although there is no indication of abuse occurring within the group or its awareness of the activities. The organization maintains that it has strict policies to ensure the safety and wellbeing of its students. Want More Context? 🔎

During a White House event, President Trump addressed concerns about India facing secondary tariffs despite China's higher purchases of Russian oil. He emphasized that more secondary sanctions would be imposed on countries engaging in Russian oil and gas transactions, interrupting the questioner to assert that "it's okay." Want More Context? 🔎