Skip to main content

Featured

UK Court Convicts Two Men in Deadly IS-Inspired Plot Against Jewish Community

mar Hussein (left) and Walid Saadaoui (right) have been found guilty of preparing acts of terrorism. Bilel Saadaoui (centre) was found guilty of failing to disclose information about acts of terrorism.  Two men have been found guilty of preparing acts of terrorism in a plot to massacre hundreds of Jews in northwest England. Walid Saadaoui, 38, and Amar Hussein, 52 , were convicted at Preston Crown Court after investigators uncovered their plan to smuggle automatic weapons and ammunition into the UK. Authorities revealed that the men intended to launch a gun rampage targeting mass gatherings of Jewish people. Saadaoui had arranged for four AK-47 rifles, two pistols, and 900 rounds of ammunition to be imported, believing he was working with a fellow extremist. In reality, he was communicating with an undercover operative known as “Farouk,” who exposed the plot. Police described the scheme as potentially “ one of, if not the, deadliest terrorist attacks in UK history .” The convi...
Post a Comment
Read more

article

Labels

U.S. Economy Contracts Sharply in Early 2025 Amid Tariff Pressures and Sluggish Spending

The U.S. economy shrank at a faster pace than initially reported in the first quarter of 2025, with the Commerce Department revising its GDP estimate to a 0.5% annualized decline. This marks the first quarterly contraction in three years and reflects mounting economic headwinds from both domestic and international fronts.

The downturn was largely driven by a surge in imports as businesses and consumers rushed to purchase foreign goods ahead of new tariffs imposed by the Trump administration. While this preemptive buying temporarily boosted inventories, it also skewed trade balances and weighed heavily on GDP calculations.

Consumer spending, a key engine of the U.S. economy, slowed dramatically to just 0.5% growth—its weakest pace since the pandemic era. Americans cut back notably on discretionary categories like recreation and dining, signaling growing caution amid economic uncertainty.

Despite the headline contraction, some underlying indicators remained resilient. Real final sales to private domestic purchasers—a measure of core economic demand—rose at a 1.9% rate, though that too was a step down from previous quarters.

Economists are watching closely to see whether the economy rebounds in the second quarter, with some forecasting a return to 3% growth as the effects of early inventory stockpiling and tariff adjustments settle.

Labels:

Comments

Post a Comment