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Holy Week Tensions Rise as Israel Blocks Cardinal from Entering Sacred Jerusalem Site

  Cardinal Pierbattista Pizzaballa, the Latin patriarch of Jerusalem, holds a prayer service to mark Palm Sunday, following the cancellation of the traditional Palm Sunday procession from the Mount of Olives, amid restrictions on gathering in large groups, in Jerusalem, March 29, 2026. Israeli police prevented Cardinal Pierbattista Pizzaballa, the Latin Patriarch of Jerusalem, from entering the Church of the Holy Sepulchre on Palm Sunday, prompting widespread criticism from Christian leaders and governments worldwide. Authorities cited security concerns linked to the ongoing U.S.-Israeli war with Iran, noting that all holy sites in Jerusalem’s Old City had been temporarily closed due to the threat of missile strikes. The Latin Patriarchate condemned the move as an unprecedented disruption of centuries‑old tradition, marking the first time church leaders were unable to celebrate Palm Sunday Mass at the historic site. Israeli Prime Minister Benjamin Netanyahu later stated that the ...
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Stock Market Update: S&P 500 and Nasdaq Futures Rise After CPI Surprise

 

Investors are closely monitoring the stock market today as S&P 500 and Nasdaq futures show upward momentum following a surprising inflation report. Here are the key highlights:

  1. CPI Surprise: The Consumer Price Index (CPI) for February revealed a 3.2% year-over-year increase in consumer prices, indicating elevated inflation. This data is crucial for the Federal Reserve’s upcoming interest rate decision.

  2. Boeing Issues Impact Southwest: Southwest Airlines (LUV) announced capacity cuts due to ongoing problems with Boeing’s (BA) 737 Max planes. Investors are closely watching how this development affects the airline industry.

  3. Oracle’s Strong Earnings: Tech giant Oracle (ORCL) reported better-than-expected fiscal third-quarter earnings. Additionally, Oracle teased an upcoming announcement with chipmaker NVIDIA (NVDA), driving its stock price higher.

  4. Market Expectations: The CPI release influences market expectations regarding the timing of a potential Federal Reserve interest-rate cut. The “core” CPI, which excludes food and energy prices, rose by 0.4% in February and 3.1% year-on-year, surpassing estimates.

  5. Bitcoin Continues Rally: Bitcoin (BTC-USD) reached a record high of $72,120, driven by surging inflows into crypto assets. Some predict bitcoin could reach as high as $350,000 this year.

  6. Corporate Developments: Oracle’s cloud computing progress and collaboration with NVIDIA are boosting investor confidence.


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