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Market news: NBC News team was attacked and beaten with sticks by Israeli settlers in the West Bank.

2026-08-30

Market news: NBC News team was attacked and beaten with sticks by Israeli settlers in the West Bank.

Other News
2026-08-29

China International Capital Co said Fed Chair KEVIN WARSH adopted a hawkish tone at Jackson Hole, acknowledging inf remains elevated, reaffirming interest rates as the primary policy tool and saying he will 'act as needed.' He pointed to economic res

China International Capital Co said Fed Chair KEVIN WARSH adopted a hawkish tone at Jackson Hole, acknowledging inf remains elevated, reaffirming interest rates as the primary policy tool and saying he will 'act as needed.' He pointed to economic resilience, stable employment and loose financial conditions to justify a policy bias toward fighting inf, attributed 65 months of inf overshoot to the central bank, and corrected July’s ambiguous suggestion that markets should 'replace the Fed' in raising rates. CICC said the speech helps rebuild Fed credibility and markets have begun to price a marginal restoration of policy credibility. Warsh continues to argue that AI could reshape the economy and policy framework and is pushing reforms including reduced forward guidance. Market implication: the remarks raise the probability of a Fed hike this year but are not unambiguously negative — liquidity is not scarce now; what markets lack is policy discipline and predictability, and timely containment of inf would be supportive over the medium term.
2026-08-29

The core issue behind the new US sanctions against Iran is not merely economic; it is part of a larger competition over the future of the world order. While the US remains an economic superpower with considerable tools for exerting pressure, the worl

The core issue behind the new US sanctions against Iran is not merely economic; it is part of a larger competition over the future of the world order. While the US remains an economic superpower with considerable tools for exerting pressure, the world today is no longer unipolar. Therefore, the plan to completely blockade the Iranian economy faces a fundamental obstacle: the US can exert pressure, but translating that pressure into concrete results requires global cooperation; and in the current climate, such cooperation is more difficult to achieve than in the past. Perhaps the most important reality is that the era of using sanctions as an unrestricted weapon is nearing its end. In this new world, economic power only works when combined with political legitimacy, international cooperation, and the endorsement of other stakeholders; and today, the US is more constrained by this new reality than ever before.
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