A recent global hunger assessment has confirmed the onset of famine in parts of Gaza, escalating international calls for increased humanitarian access to the region. Meanwhile, Russian President Vladimir Putin continues to insist on significant conditions for any potential resolution in Ukraine, including territorial adjustments, the abandonment of NATO membership aspirations by Kyiv, and the exclusion of Western military forces from Ukrainian territory. At the same time, Federal Reserve Chair Jerome Powell delivered a closely watched address at the Jackson Hole economic symposium, drawing attention from markets worldwide as policymakers assess the next steps for interest rate policy. Additional economic data indicates growing strain within Russia’s economy, influenced by prolonged conflict and international sanctions. n nFurther analysis suggests that the Fed’s policy direction will depend heavily on upcoming labor and inflation reports, with officials aiming to balance inflation control against economic growth sustainability.
— news from Reuters
— News Original —
Famine in Gaza, Putin’s demands, Russia’s economy and Jackson Hole
* Updated to include details of Jerome Powell’s speech in Jackson Hole, and the FBI raid on the home of former Trump adviser John Bolton. n nA global hunger monitor says famine has struck an area of Gaza, intensifying pressure on Israel to allow more humanitarian aid into the enclave. What Russian President Vladimir Putin is demanding from Ukraine: territorial concessions, dropping NATO ambitions and keeping Western troops from its soil. Fed Chair Jerome Powell prepares for a pivotal Jackson Hole speech and Russia’s economic strain deepens. n nFurther Reading