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Fed Poised for Rate Cut, Signals Limited Easing Ahead

                                                          US Federal Reserve Chair Jerome Powell The Federal Reserve is widely expected to cut interest rates at its upcoming meeting, marking a shift in monetary policy aimed at supporting economic growth amid cooling inflation and slowing demand. While markets have anticipated a series of reductions, policymakers appear cautious, with signals suggesting only one additional cut may be on the horizon for next year. This measured approach reflects the Fed’s balancing act: easing financial conditions to sustain momentum while avoiding overstimulation that could reignite price pressures. Investors are closely watching the central bank’s language for clues on the trajectory of borrowing costs, as households and businesses continue to navigate a delicate economic environment....
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Escalation in Sudan: RSF Drone Strikes Hit Key Targets in Port Sudan

Sudan’s paramilitary Rapid Support Forces (RSF) launched drone strikes on Port Sudan early Tuesday, targeting critical infrastructure including the airport, port, and a hotel. This marks the second attack on the city within a week, further intensifying the ongoing conflict.

The strikes disrupted air traffic, with multiple flights canceled at Cairo airport, which serves as a key transit hub for Sudan-bound travelers. Local media reported explosions and fires at the port and airport, with footage showing thick smoke rising over the area. Residents described waking up to loud blasts and witnessing flames engulf parts of the city.

Port Sudan has served as a refuge for displaced civilians and humanitarian organizations since the war erupted in April 2023. The RSF’s latest assault is seen as retaliation for recent military strikes on its base at Nyala airport in South Darfur. The paramilitary group has increasingly relied on drone warfare, allegedly receiving arms shipments from external allies, though these claims remain disputed.

The attack underscores the prolonged instability in Sudan, where two years of fighting have led to widespread displacement and famine. With no immediate resolution in sight, the conflict continues to threaten civilian lives and critical infrastructure.

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