Skip to main content

Featured

Tragedy on Libya’s Coast as Migrant Bodies Wash Ashore

  FILE PHOTO: Migrants aboard an overcrowded boat are approached by the crew of the migrant search and rescue ship Sea-Watch 5, operated by the German NGO Sea-Watch, during a rescue operation in the Search and Rescue (SAR) zone in the central Mediterranean, off Libya. At least five migrants, including two women, were found washed ashore in the coastal town of Qasr al-Akhyar, east of Libya’s capital, Tripoli. Local police reported that the bodies were discovered along the Emhamid Al-Sharif shore, a location where residents first spotted them and alerted authorities.  According to police investigator Hassan Al-Ghawil, a child’s body had also briefly washed ashore but was pulled back into the sea by strong waves, prompting the coast guard to continue searching the area. All of the recovered individuals were described as dark‑skinned, underscoring the ongoing dangers faced by migrants attempting perilous Mediterranean crossings.  The incident highlights the persistent huma...

article

Historic Market Rally: Dow Achieves Record Point Gain Following Tariff Pause Announcement

                

In a dramatic turn of events, U.S. stock markets soared to unprecedented heights after President Donald Trump announced a 90-day pause on his sweeping global tariffs. The Dow Jones Industrial Average surged nearly 3,000 points, marking the largest single-day point gain in its history. The S&P 500 and NASDAQ also experienced remarkable rallies, with gains of over 9% and 12%, respectively.

The announcement came via a Truth Social post, where Trump stated that the pause would apply to most countries, accompanied by a reduced reciprocal tariff rate of 10%. However, tariffs on Chinese imports were raised to 125%, reflecting ongoing trade tensions.

This historic market rally follows a period of volatility and investor uncertainty, with fears of a global recession looming due to escalating trade wars. The pause provided much-needed relief, signaling a temporary reprieve for businesses and investors alike.

Big Tech stocks led the charge, with companies like Nvidia, Tesla, and Apple posting double-digit gains. Analysts described the day as a "dose of relief" for the markets, highlighting the significance of the announcement in stabilizing investor sentiment.

While the pause offers a moment of optimism, the long-term implications of the trade policies remain uncertain. For now, Wall Street celebrates a day that will be remembered as a milestone in financial history.

Comments