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Beirut Reels as Israeli Airstrikes Intensify Amid Expanding Regional Conflict

                                     Smoke rises after an Israeli strike in central Beirut's Bachoura neighbourhood Israeli warplanes struck central Beirut in the early hours of March 18, delivering some of the most intense bombardments the city center has seen in decades. The attacks destroyed residential buildings in densely populated neighborhoods such as Bashoura, Zuqaq al-Blat, and Basta, killing at least six to twelve people according to varying Lebanese authority reports.  The strikes come as the broader conflict widens following Hezbollah’s involvement earlier in the month and escalating tit-for-tat actions between Israel and Iran. Residents described fleeing in the middle of the night—some after receiving evacuation warnings, others with no warning at all—as explosions lit up the capital’s skyline.  Lebanese officials say the attacks targeted both residenti...
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Markets Rattle as Trump’s Fed Clash Sparks Global Sell-Off


Global markets stumbled on Tuesday as President Donald Trump’s escalating confrontation with the U.S. Federal Reserve unnerved investors. The president’s announcement that he would remove Fed Governor Lisa Cook — citing alleged mortgage improprieties — marked an unprecedented challenge to the central bank’s independence. Cook has vowed not to step down voluntarily.

The move sent longer-dated U.S. Treasury yields higher, with the 10-year rising to 4.30% and the 30-year to 4.94%, while the two-year yield dipped as traders priced in greater odds of rate cuts. U.S. equity futures fell, gold touched a two-week high, and the dollar weakened against major currencies.

The political shockwaves extended overseas: Japan’s Nikkei closed nearly 1% lower, Europe’s STOXX 600 dropped 0.8%, and French assets slid amid separate domestic political uncertainty. Analysts warned that the episode could reshape the Fed’s policymaking body and deepen volatility ahead of the September policy meeting.

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