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Trump’s renewed attacks on Jerome Powell prompted an unusually coordinated defence of Federal Reserve independence from global policymakers and Wall Street leaders. President Donald Trump renewed his criticism of Federal Reserve Chair Jerome Powell on Tuesday, describing him as “incompetent or corrupt” and suggesting his departure could be imminent. The remarks triggered an unusually coordinated response from global central bank officials and senior Wall Street figures, who m

Diplomatic efforts have reduced the immediate risk of conflict, though sanctions pressure and military readiness suggest tensions between Washington and Tehran remain unresolved. The likelihood of near-term US military action against Iran has declined, as tensions surrounding domestic unrest and geopolitical risks showed signs of temporary easing this week. While military preparations and sanctions pressure remain in place, recent developments suggest a shift toward de-escala