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Market Turmoil: S&P 500 Enters Correction Amid Escalating Trade War

                                                                 The stock market faced a sharp downturn on Thursday, with the S&P 500 officially entering correction territory. The index fell 1.4%, marking a 10% decline from its recent high. The Dow Jones Industrial Average dropped 1.3%, while the tech-heavy Nasdaq plummeted nearly 2%. This market turbulence comes as trade tensions escalate. The European Union's retaliatory tariffs on U.S. goods, including a 50% tax on American whiskey, prompted the U.S. administration to threaten a 200% tariff on European wines and spirits. These developments have left investors on edge, fearing the economic repercussions of a prolonged trade war. Adding to the uncertainty, debates over a stop-gap spending bill to prevent a government shutdown have further ...
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Bread of Desperation

 

In the north of the Gaza Strip, where Palestinians have been hit hardest by hunger, residents face acute shortages of vegetables, fruit, and meat. Their desperate survival hinges on bread alone. Food available in the market is sold at exorbitant prices: a kilo of green peppers, which once cost about a dollar, now fetches nearly $90. Traders demand $70 for just a kilo of onions. Families like Um Mohammed’s, who have endured more than eight months of Israeli bombardments, subsist solely on flour and bread. Despite the recent lifting of a ban on fresh food sales from Israel and the West Bank, unscrupulous merchants exploit the crisis, selling goods at astronomical mark-ups. The flow of U.N. aid into this devastated territory remains severely restricted, and mounting global pressure calls for urgent action to prevent famine. In Gaza, where children suffer from acute malnutrition, the bread of desperation is their only sustenance.

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