Skip to main content

Featured

Tragedy on Libya’s Coast as Migrant Bodies Wash Ashore

  FILE PHOTO: Migrants aboard an overcrowded boat are approached by the crew of the migrant search and rescue ship Sea-Watch 5, operated by the German NGO Sea-Watch, during a rescue operation in the Search and Rescue (SAR) zone in the central Mediterranean, off Libya. At least five migrants, including two women, were found washed ashore in the coastal town of Qasr al-Akhyar, east of Libya’s capital, Tripoli. Local police reported that the bodies were discovered along the Emhamid Al-Sharif shore, a location where residents first spotted them and alerted authorities.  According to police investigator Hassan Al-Ghawil, a child’s body had also briefly washed ashore but was pulled back into the sea by strong waves, prompting the coast guard to continue searching the area. All of the recovered individuals were described as dark‑skinned, underscoring the ongoing dangers faced by migrants attempting perilous Mediterranean crossings.  The incident highlights the persistent huma...
Post a Comment
Read more

article

Labels

Stocks Rebound After Inflation Report


The stock market made a comeback today after a hot inflation print. The S&P 500, which had been down as much as 0.8% during the session, closed just under the flatline. The Dow Jones Industrial Average and the Nasdaq Composite hovered slightly above breakeven. 

Interest rate sensitive sectors lagged the most, with real estate and utility stocks ending the session lower. The US consumer inflation reading for December showed a slightly bigger jump than expected, as prices ticked up 0.3% month over month and 3.4% year over year. On a “core” basis, which excludes the volatile food and energy categories, inflation rose 3.9% over the past year. The print was seen as critical for traders who have been increasingly pricing in the odds of a “soft landing” — where inflation retreats to 2% without an economic downturn — since the last CPI report.


Labels:

Comments

Post a Comment