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Fed Poised for Rate Cut, Signals Limited Easing Ahead

                                                          US Federal Reserve Chair Jerome Powell The Federal Reserve is widely expected to cut interest rates at its upcoming meeting, marking a shift in monetary policy aimed at supporting economic growth amid cooling inflation and slowing demand. While markets have anticipated a series of reductions, policymakers appear cautious, with signals suggesting only one additional cut may be on the horizon for next year. This measured approach reflects the Fed’s balancing act: easing financial conditions to sustain momentum while avoiding overstimulation that could reignite price pressures. Investors are closely watching the central bank’s language for clues on the trajectory of borrowing costs, as households and businesses continue to navigate a delicate economic environment....

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Hamas Official Expresses Willingness to Disarm for Independent Palestinian State

 

In a significant development, a top Hamas political official has stated that the Islamic militant group would be willing to agree to a truce of five years or more with Israel if an independent Palestinian state is established along pre-1967 borders. Khalil al-Hayya, who has represented Hamas in negotiations for a cease-fire and hostage exchange, made this statement during an interview with the Associated Press in Istanbul. Here are the key points:

  1. Truce and Disarmament: Hamas is open to a truce with Israel lasting five years or more. If an independent Palestinian state is established, the group would lay down its weapons and transform into a political party.

  2. Stalemate in Cease-Fire Talks: The comments by al-Hayya come amid a stalemate in months of cease-fire talks. While the suggestion that Hamas would disarm is significant, it remains unlikely that Israel would consider such a scenario. Israel has vowed to crush Hamas following the deadly attacks that triggered the war, and its current leadership opposes the creation of a Palestinian state on lands captured in the 1967 Mideast war.

  3. Joining the Palestine Liberation Organization (PLO): Al-Hayya expressed Hamas’ desire to join the Palestine Liberation Organization (PLO), which is headed by the rival Fatah faction. The goal is to form a unified government for Gaza and the West Bank. He emphasized that if a fully sovereign Palestinian state is realized, Hamas’ military wing would dissolve.

  4. Historical Precedent: Al-Hayya drew parallels with other independence movements, noting that forces that fought against occupiers often transformed into political parties and national armies once they achieved independence and obtained their rights.

While this statement represents a potential shift in Hamas’ stance, the road to lasting peace remains complex. The Israeli-Palestinian conflict continues to be a deeply entrenched issue with multiple historical, political, and security dimensions.

In summary, Hamas’ willingness to disarm hinges on the establishment of an independent Palestinian state, but challenges persist in reaching a comprehensive resolution. The international community closely watches these developments, hoping for progress toward peace in the region.




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