The Federal Reserve kept interest rates unchanged at 3.50%-3.75% for the fourth consecutive time, matching market expectations. New Chair Walsh’s first meeting showed a hawkish surprise with half of policymakers predicting a rate cut this year. He announced five special task forces to reform communication, balance sheet, and inflation framework, signaling a major policy shift.
Iran has announced plans to impose fees on shipping services passing through the Strait of Hormuz, a critical maritime chokepoint. This decision could impact global oil and trade routes, raising questions about regional tensions and transit costs.
WHO reports no new hantavirus cases in over three weeks, with total infections at 13 and deaths at 3. The outbreak on the cruise ship “Hondius” remains stable, but experts continue to investigate the source. While the Andes strain can spread between people, overall public risk is low. No new clues have emerged in the search for the origin.
China’s Foreign Ministry expressed support for the US and Iran reaching a consensus on the first phase of a memorandum of understanding, calling it a positive step for regional peace and stability. The statement highlights China’s ongoing role in promoting diplomatic solutions to global conflicts.
In a significant diplomatic development, Iran’s Supreme National Security Council has officially confirmed the conclusion of a memorandum of understanding with the United States. This breakthrough marks a potential shift in bilateral relations, focusing on key issues including nuclear talks and regional stability.
Iran and the US have finalized a memorandum of understanding to be signed in Switzerland this Friday, with both sides ready to kick off final negotiations. However, Israel’s insistence on military action in Lebanon threatens to derail the fragile peace process, as tensions between Trump and Netanyahu reach a boiling point.
Alabama’s primary runoff election results are finalizing, with incumbents Barry Moore and James Averhart securing key nominations. Turnout hit 12%, below the 2022 average, as results shape competitive congressional and state-level general election battles.
President Trump says it’s unfair to deny Iran ballistic missiles when other nations like Saudi Arabia have them. This stance flips his earlier hardline position and clashes with Israel’s strong opposition, while Iran insists its missile program is non-negotiable.
At a G7 press conference, President Trump once again expressed gratitude to China and Russia for staying “completely neutral” during the Iran conflict, noting their stance made the situation much better. He acknowledged they could have complicated things but chose not to, helping pave the way for a ceasefire deal.
Alabama’s primary runoff election results reveal decisive wins for Barry Moore and Danny Crawford in congressional races, while state legislative contests show shifts due to local issues. Voter turnout at 12.4% signals heightened partisan engagement, with Mobile County leading at 14.1%.
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