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Drone Strike on Besieged Sudan Mosque Kills Dozens Amid Escalating Darfur Siege

  At least 70 worshippers were killed and dozens more injured when a drone strike hit a mosque during Friday prayers in El Fasher, the capital of Sudan’s North Darfur region, according to medical and aid sources. The attack, blamed on the paramilitary Rapid Support Forces (RSF), reduced the mosque to rubble, with rescuers still pulling bodies from the debris. El Fasher — home to more than 260,000 civilians — has been under siege for over a year as the RSF battles Sudan’s army for control of the city, the military’s last stronghold in Darfur. Satellite imagery shows RSF advances into key military and humanitarian sites, including the nearby Abu Shouk displacement camp, which shelters hundreds of thousands. The United Nations condemned the strike as a grave violation of international humanitarian law, warning of the “increasing ethnicisation” of the conflict. Since fighting erupted in April 2023, Sudan’s civil war has killed tens of thousands, displaced millions, and pushed vast s...

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Wall Street Slips as Inflation Pressures and Weak Consumer Sentiment Weigh on Markets

 

US stocks retreated from record highs on Friday as fresh economic data reignited concerns over inflation and consumer confidence. The Dow Jones Industrial Average fell about 0.3%, the S&P 500 lost 0.8%, and the tech-heavy Nasdaq Composite dropped more than 1.2%, led by a 3% slide in Nvidia shares.

A key Federal Reserve–watched gauge, the core Personal Consumption Expenditures (PCE) index, rose 0.3% in July and 2.9% year-over-year — the fastest annual pace since February and well above the Fed’s 2% target. Meanwhile, the University of Michigan’s consumer sentiment index fell to a three-month low, with respondents expecting higher inflation in the year ahead.

Despite Friday’s pullback, all major indexes were on track for their longest streak of monthly gains in over a year, buoyed by optimism that the Fed could still cut rates in September. Markets will pause for the Labor Day holiday before resuming trading next week.


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