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Market Meltdown: Dow Plunges 900 Points Amid Recession Fears

                                                              The U.S. stock market experienced a sharp downturn on Monday, with major indices posting significant losses as concerns over a potential recession gripped investors. The Dow Jones Industrial Average dropped nearly 900 points, marking a 2.08% decline, while the tech-heavy Nasdaq Composite suffered its worst day since 2022, falling 4%. The S&P 500 also slid 2.7%, reaching its lowest level in six months. The sell-off was driven by growing uncertainty surrounding tariff policies and their potential impact on the economy. Comments from President Trump over the weekend, describing the current economic situation as a "period of transition," further fueled market jitters. Key technology stocks, including Tesla, Nvidia, and Alphabet, led the decline...
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Hamas Sticks to Demand for Gaza Truce Deal Implementation

 

 Amid ongoing conflict, Hamas remains steadfast in its position regarding Gaza truce talks. The Palestinian militant group insists that negotiations should focus on a deal already discussed with Israel and mediators, rather than starting anew. Israeli airstrikes, which recently claimed the lives of at least 19 Palestinians in the enclave, have intensified the urgency for a resolution.

The United States expressed optimism that peace talks scheduled for Thursday would proceed as planned, emphasizing the possibility of a ceasefire agreement. U.S. Secretary of State Antony Blinken is set to engage in discussions in Qatar, Egypt, and Israel. While the Israeli government confirmed its delegation’s participation, Hamas seeks a workable plan to implement a proposal it has already accepted, rather than engaging in further talks.

In the densely populated Deir Al-Balah, where many are desperate for a truce, Israeli airstrikes continue to exact a heavy toll. The conflict, now spanning 10 months, has resulted in nearly 40,000 Palestinian deaths, including commanders and fighters. A potential ceasefire deal aims to end hostilities in Gaza and secure the release of Israeli hostages held by Hamas in exchange for Palestinian prisoners in Israeli custody.

However, Israeli Prime Minister Benjamin Netanyahu maintains that the war can only end when Hamas is eradicated. As the situation remains tense, the international community watches closely, urging a swift resolution to prevent further loss of life.


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