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Syria's Deadliest Days: Over 1,000 Killed in Clashes and Revenge Killings

In a tragic escalation of violence, over 1,000 people have lost their lives in Syria during two days of intense clashes and revenge killings. The conflict erupted between Syrian security forces and loyalists of ousted President Bashar al-Assad, with sectarian violence targeting the Alawite community, a key support base of the former regime. The Britain-based Syrian Observatory for Human Rights reported that the death toll includes 745 civilians, 125 government security personnel, and 148 militants. The violence has left areas like Latakia without electricity and water, further deepening the humanitarian crisis. The revenge killings, primarily carried out by Sunni Muslim gunmen, have devastated Alawite villages, with reports of targeted shootings, looting, and arson. Thousands have fled to the mountains seeking safety, while bodies remain unburied in the streets of towns like Baniyas. This marks one of the deadliest episodes in Syria's 14-year conflict, raising fears of further inst...

Markets Rebound Amid Fed Chair's Optimism, But Weekly Losses Persis

                                            

U.S. stocks ended the week on a mixed note, with a late rally on Friday following comments from Federal Reserve Chair Jerome Powell. Powell's assertion that the economy remains "in a good place" provided a boost to investor sentiment, helping major indices recover from early declines. However, the week as a whole saw significant losses, driven by ongoing concerns over trade policies and economic uncertainty.

The S&P 500, Nasdaq, and Dow Jones Industrial Average all posted their third consecutive week of declines, marking the longest losing streak since mid-2024. Despite Friday's gains, the S&P 500 recorded its largest weekly drop since September, reflecting broader market volatility.

Powell's remarks emphasized a cautious approach to monetary policy, signaling that the Federal Reserve is not in a rush to cut interest rates. This tempered optimism was met with lingering unease over trade tensions and their potential impact on economic growth.


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