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Trump Declares National Emergency as U.S. Tightens Stance on Cuba

President Donald Trump on Thursday signed an executive order declaring a national emergency in respect with Cuba. President Donald Trump has declared a national emergency related to Cuba, marking a sharp escalation in Washington’s approach toward the island nation. The declaration frames Cuba’s government as a significant threat to U.S. national security and foreign policy interests, opening the door for new economic and diplomatic measures. A key component of the order allows the United States to impose tariffs on any country that supplies oil to Cuba. The move is designed to pressure foreign governments and companies that help sustain the island’s energy sector, which has long relied on external support. The administration argues that Cuba’s close ties with adversarial governments and its alleged involvement in activities that undermine regional stability justify the emergency action. The decision signals a renewed effort to isolate Havana and reshape the geopolitical dynamics of ...

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Wall Street in Retreat Amid Record-Setting Run

 


The stock market is currently experiencing a record-setting run, but today, Wall Street is in retreat. The Dow Jones Industrial Average fell 0.5%, the S&P 500 dropped 0.4%, and the Nasdaq Composite lost 0.3%. The decline is attributed to concerns over the Federal Reserve’s decision to raise interest rates.

The Fed has been raising rates to combat inflation, but this has led to a slowdown in economic growth. Investors are also worried about the ongoing trade war between the US and China. Despite the current dip, the stock market is still up significantly for the year.

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