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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...
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Trade War Escalation Sends Markets Tumbling

                                            

The stock market faced significant turbulence today as futures for the Dow Jones Industrial Average, S&P 500, and Nasdaq slid sharply. This downturn comes in response to China's retaliatory tariffs against the United States, following President Trump's imposition of hefty duties on Chinese imports. Beijing announced an 84% tariff on U.S. goods, escalating tensions between the world's two largest economies.

Investors are grappling with the potential fallout of this trade war, which has already roiled global markets. The S&P 500 edged closer to bear market territory, while the Nasdaq and Dow futures dropped by over 2%. Oil prices also took a hit, with West Texas Intermediate falling below $55 per barrel.

As the trade conflict intensifies, market participants are closely watching for signs of resolution or further escalation. Treasury Secretary Scott Bessent expressed optimism about potential trade deals, but uncertainty remains high. The Federal Reserve's upcoming minutes and inflation data may provide additional insights into the economic impact of these tariffs.


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