Tag: exchange
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Asian Stocks Plunge Following US Economic Concerns, Nikkei Suffers Worst Drop Since 1987
In a significant market movement, the Nikkei index in Japan experienced a sharp fall of 12.4%, marking its worst decline since the Black Monday crash in 1987. This downturn is part of a broader sell-off in Asian stocks triggered by new U.S. data that has heightened fears of a potential recession. Investors are reacting to…
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Netanyahu Conditions Acceptance of US Peace Plan on Total Destruction of Hamas, Amidst Ongoing Gaza Conflict
In recent developments regarding the conflict in Gaza, Israeli Prime Minister Benjamin Netanyahu has expressed conditional acceptance of parts of the US-proposed peace plan, emphasizing that Israel would not agree to an immediate ceasefire without ensuring the complete dismantlement of Hamas. The announcement comes amid news of the death of four hostages, including British-Israeli Nadav…
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President Biden Proposes Gaza Peace Plan Including Ceasefire and Reconstruction Efforts
In a surprising move, President Biden has unveiled a Gaza peace plan aimed at ending the ongoing conflict between Hamas and Israel. The proposal includes a three-phase approach starting with an immediate six-week ceasefire, during which Israeli forces would withdraw from Gaza, and a prisoner exchange would occur alongside daily humanitarian aid deliveries. The second…