we reject confusing the solidarity with the Palestinian cause and the issue of anti-Semitism, which is something that we reject based on our values and principles that are within the framework of welcoming to in the outcomes of the International Conference for Peace. We reiterate today before the General Assembly the following points. First, the need for an immediate and permanent end to the war in Gaza.Second, the entry without conditions of humanitarian aid to United Nations organizations, including the O ...

I want to start by asking you about a topic that's really dominated the conversation here at the U.N., the recent violations of NATO's airspace. President Trump says that NATO's allies should shoot down Russian aircraft if it happens again. Do you agree with that assessment.Well, the Russians should be aware that there's a possibility. I mean, if they enter NATO's airspace, this affiliation, it's a it's a big violation. But, of course, we will take care in a way that we think is appropriate, like we did wit ...

We mentioned Starbucks approving a restructuring plan that includes job cuts and store closures. Let's talk about that with Bloomberg. Shelly Banjo.She's our managing editor for Global Business. And Shelly, this is Brian Nichols, second round of job cuts since he took over a little over a year ago. Since then, Starbucks shares are down 6%.So like, is he going to finally do something to make these moves in the right direction. I think that's what investors are hoping. We saw the shares pretty much flat on th ...

Monetary Policy Stance - The speaker believes the neutral rate is in the mid-2% range and advocates for a swift adjustment to this level [1] - Policy is becoming tighter daily as fiscal and border policies take effect [5] - The speaker does not foresee an imminent economic collapse or labor market crash [5] Factors Influencing Neutral Rate - Fiscal policy is driving up net national borrowing and decreasing net national savings [3] - Immigration policy has caused a significant shift from positive to negative population growth [3] - These shifts in national savings and population growth have implications for the economy's fundamental structure and the neutral rate [3] Risks of Overly Restrictive Policy - Maintaining an excessively restrictive policy for too long poses downside risks to the economy [6] - Prolonged restrictive policy could lead to a meaningful increase in the unemployment rate and failure to meet the employment mandate [6] - The speaker argues that policy was not as tight as perceived last year, but is now tighter than believed due to the declining neutral rate [4]

In the fall of 2024, the Federal Reserve cut the Fed funds rate by a full 100 base points. Conventional wisdom suggests that lower short-term rates should drag down longerterm yields. But that's not what happened.The 10-year Treasury yield actually rose, going from 3.6% up to 4.7% over the same period. Analysts were quick to call the rate cuts premature, arguing that inflation hadn't been fully defeated and that the Fed was risking another wave by easing policy too soon. 10 months on, the bond market skepti ...

All of those things would seem to suggest that this is an economy in trouble. Not so according to the economic data released in the last hour. It showed the US economy growing at the fastest pace in nearly two years, thanks to consumer spending, though apparently not on used cars.Fed Governor Stephen Myron spoke to Bloomberg ahead of that data on the next steps for the Fed. My view is not one of enormous economic pessimism. You know, I don't think the economy is about to crater. I don't think the labor mark ...

We are not yet in a place where we know for sure who is behind it. But there must be no doubt that everything indicates that it is a professional actor when it comes to such a systematic operation at so many locations almost simultaneously. This is what I would define as a hybrid attack with different types of drones.These are actions that could endanger US security and freedom. There is still no direct military threat to Denmark. I think it is important to emphasize this.To date, the Danish Defense Intelli ...

The President posting on Truth Social this evening after reviewing the details of what he calls the unserious and ridiculous demands from Democrats. I've decided that no meeting with their congressional leaders could possibly be productive. Is that the right move right now. Well right now.Well, look, what the Democrats are trying to do is undo everything that we got and did in the big, beautiful bill, you know, the tax cut for working families. And so, no, that's a it's a nonstarter. You know, the Democrats ...

Several projects are underway between South Korea and the US. Without resolving the visa issue, meaningful progress remains virtually impossible. The detention incident dealt a severe blow not only to the general Korean public, but especially to the workers who were actually detained.In the absence of firm assurances regarding their safety, both they and their families are understandably reluctant to enter the US again. While this matter remains unresolved, although the projects have not been entirely halte ...

I'm standing in front of Nepal's main government complex, the site where thousands of young protesters stormed just over a week ago. More than a dozen people were killed in clashes with police here and many more were injured in riots across the city. But the so-called Gen Z protest movement succeeded in toppling the government here virtually overnight.They forced the resignation of the prime minister and propelled a new unlikely leader into the spotlight. Sushil Ki, a 73-year-old former Supreme Court justic ...