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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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Attempted Coup in Bolivia (June 2024)

 

On June 26, 2024, an attempted coup took place in Bolivia. President Luis Arce reported an “irregular deployment of troops” in the capital city, La Paz, expressing concerns about a presidential coup. 

Troops stormed the presidential palace, Casa Grande del Pueblo. Arce confronted the general commander of the army, Juan José Zúñiga, who appeared to be leading the rebellion. While Zúñiga did not explicitly say he was leading a coup, he mentioned that the army aimed to “restore democracy and free political prisoners.” Arce called for democracy to be respected and announced new heads of the army, navy, and air force. He vowed that democracy would prevail and urged mobilized troops to return to their units. Former President Evo Morales also denounced the military movement as a "coup in the making". Let’s hope for a peaceful resolution to this situation. 

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