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Tragic Loss: First Openly Gay Muslim Imam Killed in South Africa

In a tragic incident that has sent shockwaves through communities worldwide, Muhsin Hendricks, the first openly gay Muslim imam, was fatally shot in South Africa. The incident occurred on Saturday in the city of Gqeberha, where Hendricks was ambushed by two men in a pick-up truck. The attackers, whose faces were covered, fired multiple shots through the side window of Hendricks' car. Hendricks was renowned for his advocacy for LGBTQ+ inclusion within Islam. He founded a mosque in Cape Town that welcomed gay Muslims and worked tirelessly through his Al-Ghurbaab Foundation to support and mentor individuals struggling to reconcile their faith with their sexual orientation. His efforts made him a prominent figure internationally, and he was a speaker at the International Lesbian, Gay, Bisexual, Trans and Intersex Association’s conference in South Africa last year. The motive for the killing has not been established, but many believe it was an assassination due to Hendricks' progres...

Fed Rate Cut Looms as Job Market Cools Down


The U.S. stock market ended lower on Wednesday, as investors weighed the implications of a slowing job market for the Federal Reserve’s monetary policy. The S&P 500 index fell 0.3%, while the Dow Jones Industrial Average and the Nasdaq Composite dropped 0.4% and 0.2%, respectively.

The decline came after the release of fresh employment data that showed job openings in October fell to the lowest level since early 2021, indicating that the labor market was easing amid the pandemic. The number of hires also decreased, while the quits rate, a measure of workers’ confidence, remained unchanged at a record high.

The data reinforced the expectations that the Fed could start cutting interest rates as soon as March 2023, as inflation pressures ease and economic growth moderates. The Fed has signaled that it will end its bond-buying program by March and begin raising rates sometime next year, depending on the economic conditions.

Some analysts said that the lower stock prices reflected the uncertainty about the timing and pace of the Fed’s policy tightening, as well as the impact of the new coronavirus variant Omicron on the global economy. Others said that the market was due for a correction after reaching record highs in November.

Among the sectors, energy shares were the worst performers, as oil prices fell on the prospects of lower demand and higher supply. Megacaps such as Apple, Microsoft, Amazon, and Google also dragged the market lower, as investors rotated out of the high-growth stocks into more defensive sectors.

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