President Donald Trump is set to visit the Federal Reserve amid rising scrutiny over its costly building renovations, a move reflecting his ongoing pressure on the central bank to reduce interest rates. Trump’s public criticism of Fed Chairman Jerome Powell has raised concerns about the independence of the Fed, with some officials in his administration defending Powell’s decision-making despite Trump’s calls for his resignation.
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Israel mulls alternatives to ceasefire talks with Hamas
Israeli Prime Minister Benjamin Netanyahu is exploring alternatives to ceasefire talks with Hamas after the US and Israel recalled their negotiating teams, while Hamas claims negotiations will resume next week. Meanwhile, leaders from Britain, France, and Germany are urging Israel to allow humanitarian aid into Gaza, with France formally recognizing a Palestinian state, despite opposition from Israel and the US. Want More Context? 🔎
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