Stock markets hit record highs after news of a fall in US inflation

S&P 500 index of major US companies registers near 100% gain on year ago amid expectation of interest rate cuts

A fall in US inflation expected to pave the way for further cuts in interest rates pushed stock markets to record highs on Friday.

Ending a week of gains that began when the Chinese authorities approved a huge economic stimulus package, the S&P 500 index of major US companies soared above 5,750 to register a near 100% gain on a year ago.

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Peer gave Keir Starmer more clothes worth £16,000, declared as money for private office

Exclusive: Donations worth £10,000 in October 2023 and £6,000 in February 2024 bring gifted clothes total to £32,000

Keir Starmer was given a further £16,000 worth of clothes by the Labour peer Waheed Alli, which was declared as money for his private office, the Guardian can reveal.

The donations, comprising £10,000 in October 2023 and £6,000 in February 2024, bring the total amount in gifted clothes to £32,000.

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New relationship with EU possible but will not be easy, Keir Starmer says

PM hopes to work more closely on defence, borders and trade with EU as he sets meeting with von der Leyen

Keir Starmer has said a new relationship with the European Union will not be easy “but is possible” before a meeting with Ursula von der Leyen next week, as he set out defence, borders and trade as areas where he hopes for improvement.

The prime minister spoke of his hopes for a reset and did not rule out accepting an EU proposal for greater youth mobility – including easier travel, study and work for under 30s.

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Israel’s New Campaign Against Hezbollah Started With Raid in Syria – The New York Times

  1. Israel’s New Campaign Against Hezbollah Started With Raid in Syria  The New York Times
  2. To understand the escalation in Lebanon, we must confront what Israelis are thinking  The Guardian
  3. How Israel and Hezbollah Are Slipping Closer to All-Out War  Bloomberg
  4. The myth of Hezbollah has been shattered  The Hill
  5. How Israel’s Spies Got Blindsided by Hamas but Still Hit Hezbollah Hard  The Wall Street Journal
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