The United Nations Security Council on Thursday will start negotiations on a US-drafted resolution to endorse President Donald Trump’s Gaza peace plan, said a senior US government official, and authorise a two-year mandate for a transitional governance body and international stabilisation force. The United States formally circulated the draft resolution to the 15 council members late on Wednesday and has said it has regional support from Egypt, Qatar, Saudi Arabia, Turkiye and the United Arab Emirates for the text. “The message is: if the region is with us on this and the region is with us on how this resolution is constructed, then we believe that the council should be as well,” the senior US government official, speaking on condition of anonymity, told Reuters. People gather and shop at a local market in Nuseirat, the central Gaza Strip on October 28. — Reuters/File A council resolution needs at least nine votes in favour and no vetoes by Russia, China, France, Britain or the United States to be adopted. Wh...
Металлургический районный суд города Кривого Рога признал местного жителя виновным в пособничестве подделке и использовании фальшивого водительского Подробнее
Current fiscal and monetary policies will cause hard asset prices to rise, but both are signs of late-stage economic decay, Dalio said. The US Federal Reserve’s decision to ease monetary policy is inflating an economic bubble that could drive up the prices of hard assets, but also marks the final phase of a 75-year economic cycle, according to former hedge fund manager Ray Dalio. Typically, the Federal Reserve eases interest rates when economic activity is stagnating or declining, asset prices are falling, unemployment is high and credit dries up, as seen during the Great Depression of the 1930s or the 2008 financial crisis, Dalio wrote in an article posted to X on Wednesday. However, the Fed is now easing monetary policy at a time of low unemployment, economic growth and rising asset markets, Dalio wrote, which is typical of late-stage economies saddled with too much debt. Read more