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International

September 19, 2025 1:29 PM

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Wall Street Closes at Record Highs After Fed Signals Rate Easing

Wall Street's major indices closed at record highs on Thursday, supported by some major tech giants, a day after the Federal Reserve signalled an easing rate path. The tech-heavy Nasdaq Composite Index settled above 0.9% up to close at 22,471, the S&P 500 climbed almost half a per cent to ...

September 19, 2025 11:47 AM

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IMF Chief Proposes Daniel Katz as First Deputy Managing Director

International Monetary Fund (IMF) Managing Director Kristalina Georgieva proposed the appointment of Daniel Katz, chief of staff to US Treasury Secretary Scott Bessent, as first deputy managing director, widely regarded as the IMF's number two leadership post. Katz, who has a long association with t...

September 19, 2025 10:49 AM

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Air Raid Sirens in Tel Aviv as Houthis Target Israel

Yemen's Houthi group claimed responsibility for launching a hypersonic ballistic missile and three drones targeting Israeli cities. According to Houthi sources, the missile struck a military site in Jaffa, while drones targeted Beer Sheva and the port city of Eilat. The Israel Defence Forc...

September 19, 2025 9:28 AM

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Kamchatka Region Hit by 7.8 Magnitude Earthquake; Tsunami Alert Issued

A strong earthquake struck Russia's far eastern Kamchatka region this morning, shaking buildings and triggering a tsunami warning across the region. According to the U.S. Geological Survey the quake was measured at a magnitude of 7.8 and at a depth of 10 km. Russia's state Geophysical Service, howev...

September 19, 2025 9:24 AM

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US Sanctions Waiver for Iran’s Chabahar Port to End, Effective September 29

The United States has announced that it will revoke the sanctions waiver for operations at Iran's Chabahar Port, issued in 2018. The US Department of State, in a release, said that with this, individuals linked to operations at the port would be exposed to sanctions under the Iran Freedom and Counte...

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