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Trump–Powell Showdown Intensifies as White House Floats Criminal Charges

                                                       Donald Trump and Federal Reserve Chair Jerome Powell A dramatic escalation in the long‑running tension between President Donald Trump and Federal Reserve Chair Jerome Powell has thrust the independence of the U.S. central bank into the spotlight. The conflict deepened after Powell disclosed that the Department of Justice had issued grand jury subpoenas to the Federal Reserve—an action he suggested was politically motivated. The inquiry centers on Powell’s congressional testimony about cost overruns tied to a Federal Reserve building renovation. Powell has dismissed the investigation as a pretext, arguing that the administration’s real aim is to pressure the Fed into cutting interest rates more aggressively, a move Trump has repeatedly demanded. The threat of potential...
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Israel’s Determination Amidst US Arms Embargo Threat

Israeli Prime Minister Benjamin Netanyahu has asserted Israel’s readiness to “stand alone” in the face of a potential US arms embargo. The stern declaration comes as tensions escalate in Rafah, Gaza, where Israeli forces are poised for a possible full-scale invasion to combat Hamas militants.

  • Defiant Stance: Netanyahu evoked the spirit of the 1948 War of Independence, emphasizing Israel’s historical resilience and capability to triumph despite arms embargoes and overwhelming odds.
  • US Warning: President Joe Biden has threatened to withhold critical military supplies, including artillery shells, if Israel proceeds with an invasion of Rafah, citing concerns over civilian casualties.
  • Humanitarian Crisis: The UN reports over 80,000 people have fled Rafah amidst continuous bombardment, with essential supplies like food and fuel dwindling for those remaining.
  • Continued Conflict: Despite peace talks faltering and the US’s stance, Israel maintains that victory over Hamas is unattainable without taking Rafah, underlining the ongoing seven-month war’s complexity.

Netanyahu’s remarks underscore a pivotal moment in Israeli-US relations, as Israel weighs its strategic options against the backdrop of international scrutiny and humanitarian considerations.

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