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U.S. Bars Bob Vylan After Controversial Glastonbury Performance Sparks Outrage

The U.S. State Department has revoked the visas of British punk-rap duo Bob Vylan following a controversial performance at the Glastonbury Festival that included chants widely condemned as antisemitic. During their set on the West Holts Stage, frontman Bobby Vylan led the crowd in chants such as “Free, free Palestine” and “Death, death to the IDF,” referencing the Israel Defense Forces. U.S. Deputy Secretary of State Christopher Landau announced the decision, stating that “foreigners who glorify violence and hatred are not welcome visitors to our country”. The duo had been scheduled to tour the U.S. later this year. The BBC, which broadcast the performance live, later issued a statement expressing regret for not cutting the stream, calling the remarks “deeply offensive” and “utterly unacceptable”. British police have also launched an investigation into the incident. Bobby Vylan responded defiantly on social media, writing, “I said what I said,” and emphasized the importance of speaking...

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Market Jitters: U.S. Stock Futures Slide Amid Trump’s Criticism of Fed Chair Powell

U.S. stock futures took a hit early Monday as investors reacted to President Donald Trump’s escalating criticism of Federal Reserve Chair Jerome Powell. The remarks, which included renewed calls for Powell’s removal, have raised concerns about the central bank’s independence and its ability to navigate monetary policy effectively.

Trump’s latest comments follow reports that his administration is exploring whether firing Powell is an option. The uncertainty surrounding the Fed’s leadership has added to market volatility, with Dow E-minis dropping 344 points (0.87%), S&P 500 E-minis falling 53.75 points (1.01%), and Nasdaq 100 E-minis declining 209.25 points (1.14%).

Investors are already grappling with broader economic concerns, including ongoing trade tensions and the potential for further interest rate cuts. The dollar weakened against major currencies, while safe-haven assets like gold saw gains. Meanwhile, major tech and growth stocks, including Tesla and Nvidia, also faced premarket declines.

With uncertainty looming over both trade policy and monetary decisions, market participants will be closely watching upcoming economic data and corporate earnings reports for further direction.

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