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Wall Street Eyes Weekly Gain as Peace Hopes Lift Futures

  Wall Street Poised for Weekly Gain as Futures Climb on Middle East Peace Hopes Wall Street looked set to close the week on a positive note as U.S. equity futures climbed Friday, supported by renewed optimism that diplomatic progress in the Middle East could ease geopolitical tensions. Investors have been highly sensitive to any signs of de‑escalation, and this week’s developments helped unwind some of the risk premiums that had weighed on global markets. Oil prices, which surged earlier in the month on fears of supply disruptions, pulled back again as ceasefire discussions gained traction. Lower energy costs have helped cool inflation expectations, giving markets a bit more breathing room after a volatile stretch. Major U.S. indexes are now on track for a weekly gain, with tech and consumer stocks leading the rebound. Still, analysts caution that sentiment remains fragile: any setback in negotiations could quickly revive market turbulence. For Canadian investors, easing oil v...
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UK Police Prepare for More Far-Right Unrest After Another Night of Riots

 

 Police across the United Kingdom are gearing up for further violence this weekend following another night of rioting by far-right protesters. The latest unrest saw three officers hospitalized after a tense stand-off outside a mosque in northeast England.

The city of Sunderland has been particularly affected, with far-right demonstrators rampaging through the streets, setting cars and buildings on fire. The protests were sparked by misinformation surrounding a mass stabbing that resulted in the deaths of three young girls. False rumors about the attacker’s identity, linking him to the Muslim and immigrant communities, have fueled the anger of far-right supporters.

In response, police have increased their presence and are preparing for more than 20 protests expected over the weekend in cities including Belfast, Cardiff, Liverpool, and Manchester. Authorities are also deploying surveillance and facial recognition technology to manage the situation.

The Muslim Council of Britain has expressed concerns about the safety of Islamic places of worship, prompting many mosques to strengthen their security measures. Counter-protests are also anticipated, with organizations like Stand Up To Racism rallying against Islamophobia and the far-right.

Prime Minister Keir Starmer has announced the formation of a national policing unit to crack down on violent protesters, emphasizing that those involved in the disorder will face severe consequences.

As tensions remain high, the UK braces for a challenging weekend ahead.


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