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Futures Slip as Geopolitical Tensions Overshadow Strong Bank Earnings

  US stock futures edged lower as investors balanced upbeat bank earnings against rising geopolitical unease tied to escalating tensions involving Iran. Contracts tied to the Dow, S&P 500, and Nasdaq all traded in the red, signaling a cautious start to the trading day. Major banks delivered solid quarterly results, with strong trading revenue and resilient consumer activity helping lift sentiment in the financial sector. Yet the optimism was tempered by concerns that potential US responses to developments in Iran could inject fresh volatility into global markets. Energy prices climbed as traders braced for possible disruptions. The pullback comes at a moment when investors are already navigating a crowded landscape of economic data, inflation readings, and policy uncertainty. With markets on edge, even strong corporate performance wasn’t enough to counter the broader risk-off mood.
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U.S. Announces Departure from World Health Organization, Effective January 22, 2026

In a move that has sent shockwaves through the global health community, the United States has formally announced its decision to withdraw from the World Health Organization (WHO) on January 22, 2026. This decision, confirmed by the United Nations, follows a formal notification from President Donald Trump, who has criticized the WHO for its handling of the COVID-19 pandemic and other international health crises.

The U.S., which is the WHO's largest financial contributor, accounting for around 18% of its budget, will cease negotiations on the WHO pandemic treaty and recall all government personnel working with the organization. Experts warn that this departure could jeopardize critical global health programs, including those targeting tuberculosis, HIV/AIDS, and other health emergencies.

The WHO has expressed regret over the decision, emphasizing the importance of U.S. involvement in global health initiatives. The future of international health cooperation remains uncertain as the world awaits further developments.


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