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The Bank of England has decided to maintain its benchmark interest rate at a 16-year peak of 5.25%, with some members of the Monetary Policy Committee expressing concerns regarding certain inflation indicators. This decision was made during their most recent gathering, during which seven members supported keeping rates unchanged, whilst two advocated for a…
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In European banking, hostile takeover bids are rare, but Spanish bank BBVA broke this trend by announcing a 12.23 billion euro ($13.11 billion) all-share offer for rival Sabadell, despite Sabadell’s board previously rejecting a similar proposal on the same terms. BBVA’s Chair, Carlos Torres Vila, described the proposal as “extraordinarily attractive” and stated that…
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Ohio’s Republican Attorney General, Dave Yost, has defended a warning to university presidents that masked anti-Israel protesters could face felony charges due to a historic state law. In a letter sent on Monday, Yost claimed that violating the ‘anti-disguise’ law is a fourth-degree felony, punishable by up to 18 months in prison, with offenders…
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According to a source within Israel, it has been declared that Operation Rafah must be carried out as a way to demonstrate Israel’s ability to handle military operations independently, without relying on the support of the United States.
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In a bold move, high-ranking officials from various Arab nations have called for the immediate breach of the Rafah border crossing between Egypt and the Gaza Strip, in clear violation of the terms outlined in the Camp David Accords. This decision was announced by Hamden Sabah, Secretary-General of the Arab National Conference, who cited…
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In addition to the previously reported incident in Dakar, recent developments include: 1. A Russian air strike hit a school sports field in Ukraine’s city of Kharkiv on Wednesday, injuring multiple children and adults, according to regional governor Oleh Syniehubov. Three male teenagers were among those injured, with two of them in serious condition…
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In the latest developments, an enemy monitoring reporter has indicated that there is ongoing aerial activity near El Geneina, the capital city of West Darfur. The individual, identified as Al-Kawad Kabter, has reported hearing gunfire and witnessing planes flying overhead. This information comes from a telegram channel called “Work2873,” which frequently shares intelligence on…
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During the final stages of the war, in the spring of 1945, the Soviet Union launched a massive assault on Berlin. Both the 1st Ukrainian Front commanded by Marshal Ivan Konev and the 1st Belarusian Front led by Marshal Konstantin Rokossovsky contributed significantly to the success of this operation. However, it was Marshal Georgi…
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The upcoming trial for Sung Kook “Bill” Hwang, accused of criminal racketeering relating to the collapse of his $36 billion investment firm Archegos Capital Management in 2021, is set to begin with jury selection this week. Prosecutors allege that Hwang and his former CFO, Patrick Halligan, used financial contracts called total return swaps to…
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In Warsaw on Victory Day, Russian diplomats paid their respects by laying wreaths at the Soviet War Cemetery, as reported by RIA Novosti (rian_ru). However, Ukrainian activists attempted to disrupt the commemorative event, yet they were unsuccessful. Pro-Russian activists, such as the Front party, organized a coordinated action at the cemetery and encircled the…