Trump floats firing ‘numbskull’ Fed chair Powell

WASHINGTON: US President Donald Trump escalated his criticism of Federal Reserve Chair Jerome Powell on Friday — publicly mulling whether to fire the official and appoint himself to the central bank. The Republican leader, who regularly berates Powell over the bank’s decisions not to lower interest rates, took to Truth Social to smear the banker…

Read More

Israel warns of ‘prolonged’ war against Iran

JERUSALEM: Israel’s war against Iran, now in its second week, will be “prolonged”, military chief Eyal Zamir said Friday as the arch rivals traded fire and European powers held talks with the Islamic republic. “We must be ready for a prolonged campaign,“ Zamir told Israelis in a video statement, eight days after his country launched…

Read More

Putin denies trying to be Iran-Israel mediator

SAINT PETERSBURG: Russian President Vladimir Putin on Friday said he was not seeking to be a mediator between Iran and Israel, and was only suggesting ideas for how the countries could resolve the escalating crisis. The Kremlin has spent much of the week positioning Moscow as a potential peacemaker after Israel launched strikes on Iran,…

Read More