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According to Israel's Channel 12: The military launched an attack on the Ali Tahir Heights in southern Lebanon. The Upper Galilee Regional Council notified residents that they would hear explosions due to the attack in southern Lebanon.

2026-07-05

According to Israel's Channel 12: The military launched an attack on the Ali Tahir Heights in southern Lebanon. The Upper Galilee Regional Council notified residents that they would hear explosions due to the attack in southern Lebanon.

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2026-07-05

Financial Times reports France’s push to exclude the UK from the EU’s €150bn arms-reconstruction fund Safe has backfired, leaving France with €15.1bn of the €16.2bn it applied for, three people familiar told the paper. The roughly €1.1bn shortfall re

Financial Times reports France’s push to exclude the UK from the EU’s €150bn arms-reconstruction fund Safe has backfired, leaving France with €15.1bn of the €16.2bn it applied for, three people familiar told the paper. The roughly €1.1bn shortfall reflected projects linked to the UK failing to meet strict eligibility rules France had promoted, the sources said. The disqualified work included projects involving missile-maker MBDA; MBDA’s UK and French units jointly produce the long‑range Storm Shadow missile used by Ukraine.
2026-07-05

Craig Shapiro, senior macro strategist and cross-asset trader at Ninja Trader Live, says Fed chair Kevin Warsh sounded optimistic on growth—largely citing AI—while falling oil has pushed down inflation breakevens. Shapiro adds that although the bar f

Craig Shapiro, senior macro strategist and cross-asset trader at Ninja Trader Live, says Fed chair Kevin Warsh sounded optimistic on growth—largely citing AI—while falling oil has pushed down inflation breakevens. Shapiro adds that although the bar for further hikes may be higher than markets expect, the bar for cuts is even higher; with Warsh hinting that balance-sheet reduction may take longer, meaningful labor-market deterioration would likely be required to trigger easing. He cautions that if evidence of a labor slowdown mounts while the Fed delays policy easing amid still-elevated inflation, risk assets would likely come under pressure, making rotations from AI into higher-beta cyclical names or small caps harder and favoring defensive sectors and possibly gold.
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