The Papers: Christmas market 'carnage' and 'Return of the family doctor'

The U.S. Federal Reserve surprised markets with a more hawkish outlook on interest rates for 2025, causing gold prices to drop, but analysts predict solid support for the precious metal due to factors like central bank demand and safe-haven appeal. The Fed's updated "dot plot" now indicates two rate cuts next year, raising concerns about potential inflation from President-elect Donald Trump's proposed trade tariffs, leading to a stronger U.S. dollar and lower gold prices. Despite...

Banda Aceh, Indonesia, still bears the scars of the 2004 tsunami, with over 230,000 people killed and Aceh province hit the hardest, leading to massive rebuilding efforts supported by international donors. Despite the development and memorials, the community remains vigilant with regular tsunami drills and commemorative events to ensure preparedness and remembrance for future generations. Full Article

Ukrainian soldiers are facing challenges in stabilizing defensive lines near Pokrovsk against Russia's larger advancing army in the country's east. The fight at the front lines of Pokrovsk is intensifying, highlighting the ongoing struggle for control in the region. Support for NPR's non-profit journalism can help provide updates on this critical situation. Full Article

A strong wind warning is in place as millions of people hit the roads for Christmas, with gusts of 50-60mph expected in parts of the UK. The warning covers Scotland, North West and North East England, parts of Wales and Northern Ireland on Saturday, expanding to include more regions on Sunday. Transport services are likely to be disrupted, with dangerous coastal conditions expected. Despite the windy weather, a white Christmas is unlikely, with cloudy and...

Sandy Fonzo criticized President Biden for commuting the sentence of Pennsylvania Judge Michael Conahan, who was involved in a corrupt kickback scheme. Biden is considering commuting the sentences of most federal death row inmates, frustrating President-elect Trump's plans. Attorney General Merrick Garland recommended commuting all but a few sentences, potentially excluding high-profile cases like the Boston Marathon bomber and the Pittsburgh synagogue shooter. The decision could come by Christmas, with the scope of the commutation...

Russian President Vladimir Putin downplayed the ousting of Syrian President Bashar al-Assad, stating it was not a failure for Russia despite the strain on their relationship. Putin mentioned preventing Syria from becoming a "terrorist enclave" and highlighted Russia's military bases in the country, as well as expressing concerns about future relations with Syria's political forces. The Kremlin's decision not to support Assad during the rebellion has raised questions about the future of their alliance. Full...