Early economic data for the first quarter of 2025 suggests negative growth, with the Federal Reserve Bank of Atlanta’s GDPNow tracker indicating a potential 1.5% contraction. Factors like decreased consumer spending due to inclement weather and weak exports have contributed to this downgrade. As a result, concerns about rising inflation, slowing growth, and potential interest rate cuts by the Fed have led to a volatile start for the stock market in 2025.
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Israel to ‘take control’ of Gaza City, sparking wave of criticism
Israel's military plans to "take control" of Gaza City, a move criticized by both domestic and international entities, including Germany, which halted military exports to Israel. Prime Minister Netanyahu's strategy aims to defeat Hamas while providing humanitarian aid, but faces backlash from opposition leaders and fears of worsening conditions for Gaza's residents amid ongoing conflict and famine concerns. Want More Context? 🔎
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