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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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Netanyahu Dissolves Inner War Cabinet Amid Political Turmoil

Israeli Prime Minister Benjamin Netanyahu has disbanded his inner war cabinet, a move that comes in the wake of mounting political tensions and the departure of former General Benny Gantz. The decision was announced by an official within Netanyahu’s administration.

The inner war cabinet, which played a crucial role in Israel’s security and defense strategy, consisted of top ministers and military officials. Its dissolution signals a significant shift in the country’s approach to national security.

General Benny Gantz, a former chief of staff of the Israel Defense Forces (IDF), resigned from the cabinet citing irreconcilable differences with Netanyahu’s policies. Gantz had been a key figure in shaping Israel’s defense posture during his tenure.

Netanyahu’s decision to disband the war cabinet has raised questions about the government’s ability to respond effectively to security threats. Critics argue that the move leaves a void in Israel’s decision-making process during a time of regional instability.

The prime minister’s office has not yet provided detailed reasons for the dissolution, but sources suggest that internal disagreements over military strategy and policy priorities played a role.

As the political landscape remains uncertain, Israelis are closely watching how the government will address security challenges without the dedicated war cabinet. Netanyahu’s next steps will be crucial in maintaining stability and safeguarding the nation’s interests.



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