Chinese top leadership surprised the market by shifting its monetary policy stance to “moderately loose” from “prudent” for the first time in 14 years, signaling deep concerns about economic challenges and the threat of another trade war. Despite recent stimulus measures, the sluggish domestic demand, deflationary pressures, and housing downturn have prompted experts to predict a “new monetary easing cycle” with potential policy rate cuts of over 50 basis points in the next two years, as monetary easing leeway is more limited than in the past.
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Israel launches ground assault on central Gazan city, says charity | World News
Medical Aid for Palestinians (MAP) has suspended assistance in Deir al-Balah, Gaza, due to an Israeli ground assault, which has endangered vital healthcare sites and obstructed the transport of medical supplies. MAP's interim CEO, Steve Cutts, stated that this latest displacement order severely impacts humanitarian operations and threatens the safety of both aid workers and the Palestinian population. Explain It To Me Like I'm 5: Medical help has stopped in a city in Gaza because...
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