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Spain Condemns Israel’s New Death Penalty Law as Discriminatory Shift

                   Palestinians hold placards as they take part in a protest, in Ramallah in the Israeli-occupied West Bank. Spain’s Prime Minister Pedro Sánchez has sharply criticized Israel’s newly approved death penalty law, calling it “another step towards apartheid” due to its unequal application to Palestinians convicted in military courts.  The Israeli Knesset passed the legislation mandating death by hanging as the default sentence for Palestinians found guilty of deadly attacks. Critics argue that the law’s language effectively excludes most Israeli citizens—particularly Jewish Israelis—from facing the same punishment, despite identical offenses. Sánchez emphasized the asymmetry, stating that “same crime, different punishment” undermines justice and deepens systemic inequality. His remarks come amid an already tense diplomatic rift between Spain and Israel, intensified by Spain’s condemnation of Israeli actions du...

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Federal Reserve Signals Slower Rate Cuts Amid Economic Uncertainty

 

The Federal Reserve is poised to announce a quarter-point rate cut on Wednesday, reducing its benchmark rate from 4.6% to approximately 4.3%. This move follows a half-point cut in September and a quarter-point reduction in November. However, Fed officials are signaling a slower pace of rate cuts in 2025, with expectations of only two or three reductions compared to the four previously anticipated.

The central bank's policymakers are recalibrating their approach as inflation has significantly decreased from its peak of 7.2% in June 2022 to 2.3% in October. Despite this progress, inflation remains above the Fed's 2% target, and the economy continues to grow robustly. Fed Chair Jerome Powell has emphasized the need for caution as the benchmark rate approaches a "neutral" level that neither stimulates nor hinders economic growth.

The upcoming presidential administration's proposed economic policies, including potential tariffs and tax cuts, add to the uncertainty surrounding future rate decisions. As a result, Americans may see only slight relief from high borrowing costs in the near future.




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