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Markets Steady as Tariff Tensions Ease and Trade Talks Gain Momentum

U.S. stock futures edged higher Tuesday morning, signaling cautious optimism among investors following President Trump's latest tariff announcements. Futures tied to the S&P 500 rose 0.12% , while Nasdaq 100 futures gained 0.25% , as markets digested the news of steep import duties on 14 countries and a delayed implementation date of August 1 . The tariff threats—ranging from 25% to 40% —initially rattled markets, with major indexes closing lower on Monday. However, the postponement has opened a window for renewed trade negotiations , giving investors hope that diplomatic efforts may avert a full-blown trade war. Global Respons:  Countries like South Korea and Japan , both targeted by the tariffs, have signaled readiness to accelerate trade talks. Meanwhile, Wall Street is keeping a close eye on upcoming Federal Reserve minutes and corporate earnings , with Delta Air Lines set to kick off the season later this week. With the deadline extended and negotiations underway, invest...

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Potential Humanitarian Crisis in Gaza as UNRWA Faces Ban

 

Israel’s recent decision to ban the United Nations Relief and Works Agency (UNRWA) from operating within its borders has sparked significant concern among international organizations. The ban, if fully implemented, could lead to severe humanitarian consequences in Gaza, particularly for children.

UNICEF’s Warning: UNICEF spokesperson James Elder emphasized that the inability of UNRWA to operate could lead to the collapse of Gaza’s humanitarian system. Elder, who has extensive experience in Gaza, warned that this decision could result in more child deaths, describing it as a new way to harm children.

Collective Punishment: Jens Laerke from the UN humanitarian office suggested that the ban could be seen as a form of collective punishment against Gazans, adding to the existing hardships imposed on the region.

No Alternatives: Other UN agencies, including the International Organisation for Migration (IOM), have stated that they cannot replace UNRWA’s role in Gaza. While IOM is willing to increase its relief efforts, it acknowledges that UNRWA’s services are indispensable and irreplaceable at this point.

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