Fed likely to boost interest rates by three-quarters of a point this week
Markets are beginning to anticipate an even faster pace of interest rate hikes, and Federal Reserve officials apparently are contemplating the possibility as well.
Worthy News
Gantz launches process to choose new IDF chief, naming three generals
Launching the process earlier than expected, Defense Minister Benny Gantz on Monday notified three senior Israeli generals that they are candidates to be the next commander of the Israel Defense Forces.
Idaho Satanic Temple drops out of ‘family-friendly’ Pride Month event after offering ‘unbaptisms’
The Idaho chapter of The Satanic Temple (TST) withdrew from a Pride Month event for families and children after other sponsors dropped out following local news reports on the temple’s intention to offer renunciations of Christian baptisms.
Nevada lithium mine pits Biden green agenda against radical environmentalists
A northern Nevada mine that is the largest-known source of lithium in the United States for electric car batteries is facing resistance from a radical environmental group and some of its Native American supporters.
Abbas tells US he aims to “get rid of the occupation”
Palestinian Authority leader Mahmoud Abbas has told the US that his goal is to “get rid of the occupation,” and that East Jerusalem is and always will be the capital of the State of Palestine, Israel Hayom reports. Abbas made his declarations Saturday while hosting a delegation of US officials led by Assistant Secretary of State for Near Eastern Affairs Barbara Leaf.
World nuclear arsenal expected to increase, “a worrying trend”
A leading international think-tank has warned it expects the world’s nuclear weapons arsenal to grow for the first time in decades, the Guardian reports. The Stockholm International Peace Research Institute (Sipri) gave its warning just as Russia’s invasion of Ukraine has increased the risk that an atomic bomb may soon be used.
Iran to turn off 27 UN nuclear surveillance cameras, “tense situation”
The head of the UN’s International Atomic Energy Agency (IAEA) stated Thursday that Iran is removing 27 surveillance cameras from its nuclear sites, in a move that may kill off all hope of reviving the 2015 Joint Comprehensive Plan of Action (JCPOA), the Times of Israel (TOI) reports.
Iran: Pastor and two Christian women jailed for leading house churches
A pastor and two Christian women in Iran have been sentenced to jail terms ranging from 6 to 10 years because they are leaders of house churches, Article 18 reports. Iran’s Islamic regime considers Christianity a threat to its power, and has had Christian leaders imprisoned on false charges of violating national security and of disseminating anti-government propaganda.
Strange Military Deaths In Iran As Tensions Rise
Iran has announced the deaths of two military aerospace workers, the latest in a series of mysterious deaths in the strict Islamic nation underscoring mounting internal turmoil.
Gunmen Kidnap Christians In Abuja
Gunmen abducted a Christian father and his teenage daughter from one of Africa’s largest housing estates in Nigeria’s capital Abuja, their neighbor told Worthy News Sunday.
Germany Advises Gay Jabs After Ordering Monkeypox Vaccines
Germany’s vaccine advisory committee wants gay men with multiple male partners and other “at risk” adults to receive monkeypox jabs after authorities ordered 40,000 doses of the Bavarian Nordic vaccine.
Chemical Plant Burns In Ukraine As Briton Dies In Fierce Fighting
Residents in a strategic city of eastern Ukraine faced additional dangers Sunday after the Russian military caused a massive fire at a chemical plant and a British fighter died there, officials said.
Iran says it’s starting up new centrifuges, claims IAEA ‘hostage to Zionist regime’
Amid global tensions with the West over its nuclear activity, Iran’s atomic agency chief announced that it has begun injecting gas into newly installed advanced uranium enrichment centrifuges.
Bennett: Iran dangerously close to nukes; may get there soon if no Western pressure
As tensions between Iran and the West ramped up this week, Prime Minister Naftali Bennett warned in an interview published Saturday that Tehran was drawing “dangerously close” to producing nuclear weapons.
Over 7 Million in East Africa on brink of starvation amid pandemic, violence and infestation
Over 7 million people across six East African countries are at the cusp of starvation as communities have faced existential threats from violence, flooding, the pandemic and locust infestation, the evangelical humanitarian organization World Vision has warned.
$3,374,629,000,000: Federal Tax Collections Set Record Through May
The federal government collected a record $3,374,629,000,000 in total taxes in the first eight months of fiscal 2022 (October through May), according to the Monthly Treasury Statement.
Biden administration overrules Trump policy on Palestinians
The Biden administration announced a dramatic yet partial reversal of Donald Trump’s closure of the consulate to the Palestinians in Jerusalem by opening a “U.S. Office of Palestinian Affairs” in the city.
‘We won’t let anyone feel afraid’: Over 170K march in Tel Aviv Pride Parade
Over 170,000 people took part in Tel Aviv’s Pride Parade on Friday, a city spokesperson said, as the annual event inched towards pre-pandemic numbers.
Hungary Spying On Journalists In EU, Britain (Worthy News Investigation)
The government of Hungary’s hardline Prime Minister Viktor Orbán uses diplomats in European nations to spy on independent Hungarian and foreign journalists, documents show.
Consumer Price Index in May up 8.6%, compared to 12 months ago, inflation stays at record highs
The Consumer Price Index for May was 8.6%, compared to 12 months ago, the Labor Department reported Friday.