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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...

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Wall Street Futures Ease as Strong GDP Growth Tempers Fed Cut Hopes

US stock futures dipped Tuesday morning as stronger-than-expected GDP growth raised doubts about near-term Federal Reserve rate cuts, sending the Dow, S&P 500, and Nasdaq futures slightly lower.

Market Overview

  • Dow Jones, S&P 500, and Nasdaq futures all slipped about 0.2% in premarket trading.
  • The decline comes after three consecutive winning sessions for US equities, highlighting investor caution despite recent momentum.
  • Gold and silver continued their rally, with both metals on pace for their best year in over four decades.

Economic Data Impact

  • The third-quarter GDP report showed the US economy grew at a 4.3% annualized rate, well above the 3.3% forecast.
  • Strong consumer spending drove the surprise, but analysts warn that the government shutdown likely slowed growth in the fourth quarter.
  • The data suggests economic resilience, but also reduces the likelihood of immediate Fed rate cuts, which had been priced in by markets.

Investor Sentiment

  • Traders are recalibrating expectations for monetary policy in 2026, with stronger growth signaling the Fed may keep rates higher for longer.
  • The market reaction reflects a “good news is bad news” dynamic: robust growth boosts confidence in the economy but dampens hopes for easier financial conditions.
  • Precious metals’ surge underscores investor demand for safe-haven assets amid uncertainty.

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