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Wall Street Futures Rise Ahead of Thanksgiving Holiday

  US stock futures edged higher on Wednesday as investors looked to extend the market’s recent rally into the Thanksgiving holiday. Dow Jones Industrial Average futures gained 0.2%, S&P 500 futures rose 0.2%, and Nasdaq 100 futures climbed 0.3% . The move follows a strong session on Tuesday, when the Dow surged more than 660 points (1.4%) , marking its third consecutive day of gains. Tech stocks continued to drive momentum, with Alphabet closing at record highs after reports that Meta may adopt Google’s TPU chips in the coming years. Meanwhile, Nvidia shares slipped over 2.5% as competition in the AI chip space intensified. Investors are also keeping a close eye on the Federal Reserve. Markets are currently pricing in an 85% probability of a quarter-point rate cut in December , which has helped bolster optimism. Lower Treasury yields and easing inflation pressures have further supported the bullish sentiment. Through the first two trading days of this holiday-shortened we...
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Gaza Aid Crisis: Soup Kitchens Shut Down Amid Israeli Blockade

The humanitarian crisis in Gaza has deepened as World Central Kitchen, a leading aid organization, announced the closure of its community soup kitchens due to Israel’s ongoing blockade. The kitchens, which had been serving 133,000 meals per day and baking 80,000 loaves of bread, have run out of food supplies, leaving thousands without access to daily sustenance.

The blockade, imposed by Israel on March 2, has severely restricted the flow of humanitarian aid into Gaza, exacerbating food shortages and malnutrition. Aid agencies warn that the situation is pushing the population toward starvation, with nearly 10,000 children already treated for acute malnutrition this year.

José Andrés, the founder of World Central Kitchen, expressed frustration over the stalled aid deliveries, stating that trucks loaded with food and supplies are waiting in Egypt, Jordan, and Israel, but cannot enter Gaza without permission. The Israeli defense body overseeing aid has indicated that the blockade will remain in place unless government policy changes.

The shutdown of soup kitchens marks another devastating blow to Gaza’s war-battered population, as bakeries close and water distribution grinds to a halt due to fuel shortages. Rights groups have condemned the blockade as a “starvation tactic”, calling for immediate humanitarian intervention.

With no clear resolution in sight, the people of Gaza continue to face worsening conditions, relying on dwindling resources and international pressure to ease the blockade.

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