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The National

Newspaper | United Arab Emirates | Centre

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Discussions from The National

Geopolitics

How can different countries work together to address tensions related to actions in Gaza?

May 24 (Reuters) - The foreign ministers of the Group of Eight Arab-Islamic states on Sunday strongly condemned the actions of far-right Israeli police minister Itamar Ben-Gvir towards participants in the Gaza-bound flotilla while they were in Israeli detention. Governments have expressed outrage after Ben-Gvir posted a video in which he taunted activists who were pinned to the ground. Some of the detainees, who had intended to bring humanitarian aid to Gaza, later alleged that they were physically assaulted in detention, which Israel's prison service denied

United States
Economy

What effects could Kevin Warsh's leadership at the Federal Reserve have on the economy and everyday people's lives?

The Warsh era begins with soaring inflation, a Middle East energy shock bleeding into other parts of the economy and colleagues skeptical that rate cuts should come anytime soon. Add on top: Kevin Warsh faces more political pressure to deliver lower rates than any other Federal Reserve chair in recent memory. Why it matters: The 17th Fed chair, sworn in Friday at the White House, inherits a set of economic conditions that make it difficult to justify cutting rates. Despite President Trump's unprecedented pressure on Warsh's predecessor, Jerome Powell, to cut rates, the president struck a different tone on Friday."Honestly, I really mean this: I want Kevin to be totally independent and just do a great job. Don't look at me, don't look at anybody. Just do your own thing and do a great job," Trump said at Warsh's swearing-in ceremony. What they're saying: "Our mandate at the Fed is to promote price stability and maximum employment," Warsh said. "When we pursue those aims with wisdom and clarity, independence and resolve, inflation can be lower, growth stronger, real take-home pay higher, and America can be more prosperous, and no less important, America's place in the world more secure.""To fulfill this mission," he added, "I will lead a reform-oriented Federal Reserve, learning from past successes and mistakes, both escaping static frameworks and models, and upholding clear standards of integrity and performance." The intrigue: Not long before Warsh was officially sworn into the post, Fed governor Christopher Waller gave a notable speech that cemented his hawkish pivot. Just months ago, he was a leading advocate for rate cuts to boost what he saw as a souring labor market. Waller's speech, aptly titled "Policy Risks Have Changed," suggests his view has flipped.Waller said it might be appropriate to strip the Fed's policy statement of its "easing bias" language, aligning with a group of Fed presidents who dissented last month over the inclusion of such a signal. Zoom i

United Kingdom
Politics

What are the effects of police actions on political opposition in Turkey and how should they be addressed?

ANKARA, May 24 (Reuters) - Turkish riot police fired tear gas and broke through the gates of the main opposition party's headquarters to evict its ousted leadership on Sunday, a Reuters witness said. An appeals court on Thursday ousted Republican People's Party (CHP) leader Ozgur Ozel, annulling the results of the CHP congress where he was elected in 2023, citing irregularities. The court reinstated in his place former CHP chairman Kemal Kilicdaroglu, who lost to President Tayyip Erdogan in a national election that year

Turkey