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Israel's limited strike against Iran appeared to provide an off-ramp from the recent cycle of direct conflict.
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Iran's Attack on Israel Offers Kim Jong Un a Test Case of Western Defenses
The assault adds to North Korea’s understanding of how its munitions might perform should it attack Japan or South Korea, two countries whose defenses are increasingly integrated with the U.S.The Wall Street Journal - World - Israel -
Sanctions and a hobbled economy pull the rug out from under Iran's traditional carpet weavers
The historic Kashan bazaar in central Iran once sat on a major caravan route, its silk carpets known the world overABC News - World -
Hong Kong Regulators Start Insider Dealing Case Against Segantii Capital
Hong Kong’s securities regulator has started criminal proceedings against hedge fund management firm Segantii Capital Management, the firm’s founder and a former trader over insider dealing.The Wall Street Journal - World - Hong Kong -
What to know about calls for schools to divest from Israel
Many student protesters are calling on their universities to divest from companies connected to Israel and the war in Gaza. CBS News reporter Erica Brown explains what divestment means and the potential effects it could have.CBS News - Top stories - Israel
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Norges Bank Hints at Later Rate Cut; Krone Rises
The krone gained after Norges Bank clearly hinted that the key rate will stay high for longer than it signaled in March, Nordea said.The Wall Street Journal - World -
OPEC+ Likely to Extend Output Curbs Beyond 2Q, JPMorgan Says
OPEC and its allies are likely to extend their voluntary production cuts beyond the second quarter at their upcoming meeting in June, according to JPMorgan.The Wall Street Journal - World -
Gold Futures are Flat but Could Still Rise Over the Year
Gold was flat and may have retreated somewhat from record highs, but it should still appreciate to around $2,700 an ounce by the end of the year in a base case scenario, Goldman Sachs said.The Wall Street Journal - World -
Norges Bank Holds Rates Steady
Norway’s central bank held its key policy rate at 4.5% and reiterated that it was likely to stay at that level for some time, as high wage growth and a weak krone keep inflation elevated.The Wall Street Journal - World -
Stock Futures Tick Higher Ahead of Jobs Report
The latest employment report is expected to show labor-market growth slowing in April, with 240,000 new jobs created and unemployment holding steady at 3.8%.The Wall Street Journal - World