The Federal Reserve has cut interest rates by 50 basis points for the first time in four years, a move that has been well-received by investors. Nigel Green, CEO of deVere Group, has urged the Fed to remain aggressive and not lose its nerve in order to fully benefit from the decision. Green emphasizes the importance of the Fed continuing to show commitment and taking further action to support the economy.
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No ‘credible civilian’ purpose for Iran uranium: UK, France, Germany
Britain, France, and Germany have accused Iran of increasing its stockpile of high enriched uranium to "unprecedented levels" without a valid civilian reason, urging Iran to reverse its nuclear escalation. The International Atomic Energy Agency has reported that Iran now possesses uranium enriched to 60 percent, a significant step towards the 90 percent needed for an atomic bomb. Amid concerns over Iran's nuclear program, the E3 countries are considering reimposing sanctions as part of the...
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