Fed chair Powell to fight his corner at Jackson Hole

Many Americans, especially younger workers, struggle to save for retirement, with 42% living paycheck to paycheck and lacking spare savings after essential expenses, as reported by Goldman Sachs. The shift from pensions to 401(k) plans has placed the burden of retirement savings on individuals, exacerbating financial pressures amidst rising costs of living. Want More Context? 🔎

France has detained the captain of an oil tanker linked to Russia's "ghost fleet" for failing to comply with police orders during drone incursions near Denmark, prompting investigations into naval infractions. French officials emphasize the need to intensify actions against such vessels amid concerns of hybrid warfare, as drone sightings may be connected to maritime activities associated with Russian provocations. Want More Context? 🔎

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BJP MP Kangana Ranaut criticized Congress leader Rahul Gandhi, labeling him “a disgrace” for allegedly defaming India and its people. She also expressed support for Prime Minister Modi's khadi initiative, highlighting the importance of indigenous clothing and fabric during an event to promote self-reliance. Want More Context? 🔎

In 2018, physician Ken Shafquat Intikhab Abrahim was reprimanded in Florida for prescribing excessive addictive drugs, subsequently facing similar disciplinary actions in North Carolina and New York for failing to disclose these issues. Despite a two-month suspension and mandatory ethics training by Ontario's medical board in 2021, he continues to practice in Niagara Falls without restrictions, amid ongoing scrutiny from an international investigation into doctors with troubling disciplinary histories. Want More Context? 🔎

Dockworkers in Italian ports are intensifying actions to block shipments to Israel in response to the "Sumud Flotilla" approaching Gaza, with unions coordinating efforts across Europe to disrupt maritime trade if the flotilla is attacked. Genoa and Livorno have seen strikes and protests, notably delaying the container ship Zim Virginia and potentially affecting the Zim Iberia, as union leaders aim to pressure Israel and show solidarity with Gaza. Want More Context? 🔎