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Gaza Crisis Deepens as Israeli Strikes Kill 60 Amid Aid Shortages

  Israeli airstrikes have killed at least 60 people across Gaza, intensifying the humanitarian crisis in the region. The strikes targeted residential areas, including a family home and a school-turned-shelter, leading to significant civilian casualties.  Despite mounting international pressure, Israel has allowed only minimal aid into Gaza, far below the necessary levels to address the growing humanitarian needs. UN agencies report that while some trucks carrying food and medical supplies have entered, the amount remains insufficient compared to the 600 trucks per day that were permitted during a previous ceasefire.  The ongoing conflict has displaced nearly 90% of Gaza’s population, with many facing dire shortages of food, medicine, and shelter. International leaders, including those from Canada, France, and the UK, have urged Israel to ease restrictions and allow more humanitarian assistance.  As the situation worsens, calls for a ceasefire and increased aid contin...
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Market Rally Amid Geopolitical Tensions

 

Wall Street surged early today, driven by a mix of corporate earnings reports and geopolitical developments. The assassination of Hamas leader Ismail Haniyeh in Tehran has led to a significant spike in oil prices, with U.S. benchmark crude oil rising by $2.10 to $76.83 per barrel and Brent crude increasing by $2.05 to $80.12 per barrel.

The unexpected airstrike, which Iran and Hamas attribute to Israel, has heightened tensions in the Middle East, potentially impacting global oil supplies. This geopolitical uncertainty, combined with anticipation of the Federal Reserve’s upcoming interest rate decision, has created a volatile yet optimistic market environment.

Global stocks have also seen gains, with major indexes in Europe and Asia closing higher. Investors are closely watching the Federal Reserve’s policy announcement, expected later today, which could provide further direction for the markets.


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