Rebel forces in Syria, led by HTS and allied factions, have seized control of the majority of Aleppo in a significant offensive against the government, resulting in over 300 deaths since Wednesday. The rebels were able to capture key government buildings and areas without facing significant resistance, prompting fears of further displacement and escalating violence among civilians. Russia has launched air raids in Aleppo for the first time since 2016, as the rebel advance poses a significant challenge to the authority of the Syrian government and its ally, Russia.
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The Fed's hawkish signal sparked gold jitters — but analysts see support for the precious metal in 2025
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...
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