Trump says he wants 1pc rates, would ‘love' if Powell resigned
Washington | US President Donald Trump said on Friday (Saturday AEST) he would love if Federal Reserve chairman Jerome Powell were to resign while also saying that he wanted interest rates cut to 1 per cent.
'I'd love him to resign if he wanted to, he's done a lousy job,' Trump said, while also labelling the Fed chairman as 'a stubborn mule and a stupid person' for not supporting rate cuts. The Fed last week decided to leave rates unchanged in the range of 4.25 per cent-4.5 per cent, where they've held since the beginning of the year.
Reuters
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The Advertiser
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Bombing kills 13 Pakistani soldiers near Afghan border
An explosive-laden car has rammed into a Pakistani military convoy in a town near the Afghan border, killing at least 13 soldiers, sources said. Four Pakistani intelligence officials and a senior local administrator told Reuters that the convoy was attacked on Saturday in Mir Ali area of North Waziristan district. Around 10 other soldiers were wounded, some critically, and they were being flown to a military hospital, the sources said. The office of the chief minister of Khyber Pakhtunkhwa province said it was a suicide bombing, adding it killed eight security officials. Chief Minister Ali Amin Gandapur condemned the bombing and offered condolences to the soldiers' families. "It was huge, a big bang," the local administrator told Reuters, adding that residents of the town could see a large amount of smoke billowing from the scene from a great distance. One resident said that the explosion rattled the windowpanes of nearby houses, and caused some roofs to collapse. No one has so far claimed responsibility. The Pakistani military did not respond to a Reuters request for a comment. The lawless district that sits next to Afghanistan has long served as a safe haven for different Islamist militant groups, who operate on both sides of the border. Islamabad says the militants run training camps in Afghanistan to launch attacks inside Pakistan, a charge Kabul denies, saying the militancy is Pakistan's domestic issue. Pakistani Taliban also known as Tehreek-e-Taliban Pakistan, an umbrella group of several Islamist militant groups, has long been waging a war against Pakistan in a bid to overthrow the government and replace it with its own Islamic system of governance. The Pakistani military, which has launched several offensives against the militants, has mostly been their prime target. An explosive-laden car has rammed into a Pakistani military convoy in a town near the Afghan border, killing at least 13 soldiers, sources said. Four Pakistani intelligence officials and a senior local administrator told Reuters that the convoy was attacked on Saturday in Mir Ali area of North Waziristan district. Around 10 other soldiers were wounded, some critically, and they were being flown to a military hospital, the sources said. The office of the chief minister of Khyber Pakhtunkhwa province said it was a suicide bombing, adding it killed eight security officials. Chief Minister Ali Amin Gandapur condemned the bombing and offered condolences to the soldiers' families. "It was huge, a big bang," the local administrator told Reuters, adding that residents of the town could see a large amount of smoke billowing from the scene from a great distance. One resident said that the explosion rattled the windowpanes of nearby houses, and caused some roofs to collapse. No one has so far claimed responsibility. The Pakistani military did not respond to a Reuters request for a comment. The lawless district that sits next to Afghanistan has long served as a safe haven for different Islamist militant groups, who operate on both sides of the border. Islamabad says the militants run training camps in Afghanistan to launch attacks inside Pakistan, a charge Kabul denies, saying the militancy is Pakistan's domestic issue. Pakistani Taliban also known as Tehreek-e-Taliban Pakistan, an umbrella group of several Islamist militant groups, has long been waging a war against Pakistan in a bid to overthrow the government and replace it with its own Islamic system of governance. The Pakistani military, which has launched several offensives against the militants, has mostly been their prime target. An explosive-laden car has rammed into a Pakistani military convoy in a town near the Afghan border, killing at least 13 soldiers, sources said. Four Pakistani intelligence officials and a senior local administrator told Reuters that the convoy was attacked on Saturday in Mir Ali area of North Waziristan district. Around 10 other soldiers were wounded, some critically, and they were being flown to a military hospital, the sources said. The office of the chief minister of Khyber Pakhtunkhwa province said it was a suicide bombing, adding it killed eight security officials. Chief Minister Ali Amin Gandapur condemned the bombing and offered condolences to the soldiers' families. "It was huge, a big bang," the local administrator told Reuters, adding that residents of the town could see a large amount of smoke billowing from the scene from a great distance. One resident said that the explosion rattled the windowpanes of nearby houses, and caused some roofs to collapse. No one has so far claimed responsibility. The Pakistani military did not respond to a Reuters request for a comment. The lawless district that sits next to Afghanistan has long served as a safe haven for different Islamist militant groups, who operate on both sides of the border. Islamabad says the militants run training camps in Afghanistan to launch attacks inside Pakistan, a charge Kabul denies, saying the militancy is Pakistan's domestic issue. Pakistani Taliban also known as Tehreek-e-Taliban Pakistan, an umbrella group of several Islamist militant groups, has long been waging a war against Pakistan in a bid to overthrow the government and replace it with its own Islamic system of governance. The Pakistani military, which has launched several offensives against the militants, has mostly been their prime target. An explosive-laden car has rammed into a Pakistani military convoy in a town near the Afghan border, killing at least 13 soldiers, sources said. Four Pakistani intelligence officials and a senior local administrator told Reuters that the convoy was attacked on Saturday in Mir Ali area of North Waziristan district. Around 10 other soldiers were wounded, some critically, and they were being flown to a military hospital, the sources said. The office of the chief minister of Khyber Pakhtunkhwa province said it was a suicide bombing, adding it killed eight security officials. Chief Minister Ali Amin Gandapur condemned the bombing and offered condolences to the soldiers' families. "It was huge, a big bang," the local administrator told Reuters, adding that residents of the town could see a large amount of smoke billowing from the scene from a great distance. One resident said that the explosion rattled the windowpanes of nearby houses, and caused some roofs to collapse. No one has so far claimed responsibility. The Pakistani military did not respond to a Reuters request for a comment. The lawless district that sits next to Afghanistan has long served as a safe haven for different Islamist militant groups, who operate on both sides of the border. Islamabad says the militants run training camps in Afghanistan to launch attacks inside Pakistan, a charge Kabul denies, saying the militancy is Pakistan's domestic issue. Pakistani Taliban also known as Tehreek-e-Taliban Pakistan, an umbrella group of several Islamist militant groups, has long been waging a war against Pakistan in a bid to overthrow the government and replace it with its own Islamic system of governance. The Pakistani military, which has launched several offensives against the militants, has mostly been their prime target.
The Advertiser
29 minutes ago
- The Advertiser
Deadly strikes in Gaza as Trump flags possible truce
At least 34 people were killed across Gaza by Israeli strikes, health staff say, as Palestinians face a growing humanitarian crisis in Gaza and ceasefire prospects inch closer. The strikes began late on Friday and continued into Saturday morning, among others killing 12 people at the Palestine Stadium in Gaza City, which was sheltering displaced people, and eight more living in apartments, according to staff at Shifa hospital where the bodies were brought. Six others were killed in southern Gaza when a strike hit their tent in Muwasi, according to the hospital. The strikes come as US President Donald Trump says there could be a ceasefire agreement within the next week. Taking questions from reporters in the Oval Office Friday, the president said, "We're working on Gaza and trying to get it taken care of." Talks have been on again, off again since Israel broke the latest ceasefire in March, continuing its military campaign in Gaza and furthering the Strip's dire humanitarian crisis. Some 50 hostages remain in Gaza, fewer than half of them believed to still be alive. They were part of some 250 hostages taken when Hamas attacked Israel on October 7, 2023, sparking the 21-month-long war. The war has killed more than 56,000 Palestinians, according to Gaza's health ministry, which does not distinguish between civilians and combatants. It says more than half of the dead were women and children. There is hope among hostage families that Trump's involvement in securing the recent ceasefire between Israel and Iran might exert more pressure for a deal in Gaza. Israeli Prime Minister Benjamin Netanyahu is riding a wave of public support for the Iran war and its achievements, and he could feel he has more space to move towards ending the war in Gaza, something his far-right governing partners oppose. Hamas has repeatedly said it is prepared to free all hostages in exchange for an end to the war, while Netanyahu says he will end the war only when Hamas is disarmed and exiled, something the group has rejected. Hungry Palestinians are enduring a catastrophic situation in Gaza. After blocking all food for two-and-a-half months, Israel has allowed only a trickle of supplies into the territory since mid-May. Palestinians have been shot and wounded while on their way to get food at newly formed aid sites, run by the American and Israeli backed Gaza Humanitarian Foundation, according to Gaza's health officials and witnesses. Palestinian witnesses say Israeli troops have opened fire at crowds heading towards the sites. Israel's military said it was investigating incidents in which civilians had been harmed while approaching the sites. At least 34 people were killed across Gaza by Israeli strikes, health staff say, as Palestinians face a growing humanitarian crisis in Gaza and ceasefire prospects inch closer. The strikes began late on Friday and continued into Saturday morning, among others killing 12 people at the Palestine Stadium in Gaza City, which was sheltering displaced people, and eight more living in apartments, according to staff at Shifa hospital where the bodies were brought. Six others were killed in southern Gaza when a strike hit their tent in Muwasi, according to the hospital. The strikes come as US President Donald Trump says there could be a ceasefire agreement within the next week. Taking questions from reporters in the Oval Office Friday, the president said, "We're working on Gaza and trying to get it taken care of." Talks have been on again, off again since Israel broke the latest ceasefire in March, continuing its military campaign in Gaza and furthering the Strip's dire humanitarian crisis. Some 50 hostages remain in Gaza, fewer than half of them believed to still be alive. They were part of some 250 hostages taken when Hamas attacked Israel on October 7, 2023, sparking the 21-month-long war. The war has killed more than 56,000 Palestinians, according to Gaza's health ministry, which does not distinguish between civilians and combatants. It says more than half of the dead were women and children. There is hope among hostage families that Trump's involvement in securing the recent ceasefire between Israel and Iran might exert more pressure for a deal in Gaza. Israeli Prime Minister Benjamin Netanyahu is riding a wave of public support for the Iran war and its achievements, and he could feel he has more space to move towards ending the war in Gaza, something his far-right governing partners oppose. Hamas has repeatedly said it is prepared to free all hostages in exchange for an end to the war, while Netanyahu says he will end the war only when Hamas is disarmed and exiled, something the group has rejected. Hungry Palestinians are enduring a catastrophic situation in Gaza. After blocking all food for two-and-a-half months, Israel has allowed only a trickle of supplies into the territory since mid-May. Palestinians have been shot and wounded while on their way to get food at newly formed aid sites, run by the American and Israeli backed Gaza Humanitarian Foundation, according to Gaza's health officials and witnesses. Palestinian witnesses say Israeli troops have opened fire at crowds heading towards the sites. Israel's military said it was investigating incidents in which civilians had been harmed while approaching the sites. At least 34 people were killed across Gaza by Israeli strikes, health staff say, as Palestinians face a growing humanitarian crisis in Gaza and ceasefire prospects inch closer. The strikes began late on Friday and continued into Saturday morning, among others killing 12 people at the Palestine Stadium in Gaza City, which was sheltering displaced people, and eight more living in apartments, according to staff at Shifa hospital where the bodies were brought. Six others were killed in southern Gaza when a strike hit their tent in Muwasi, according to the hospital. The strikes come as US President Donald Trump says there could be a ceasefire agreement within the next week. Taking questions from reporters in the Oval Office Friday, the president said, "We're working on Gaza and trying to get it taken care of." Talks have been on again, off again since Israel broke the latest ceasefire in March, continuing its military campaign in Gaza and furthering the Strip's dire humanitarian crisis. Some 50 hostages remain in Gaza, fewer than half of them believed to still be alive. They were part of some 250 hostages taken when Hamas attacked Israel on October 7, 2023, sparking the 21-month-long war. The war has killed more than 56,000 Palestinians, according to Gaza's health ministry, which does not distinguish between civilians and combatants. It says more than half of the dead were women and children. There is hope among hostage families that Trump's involvement in securing the recent ceasefire between Israel and Iran might exert more pressure for a deal in Gaza. Israeli Prime Minister Benjamin Netanyahu is riding a wave of public support for the Iran war and its achievements, and he could feel he has more space to move towards ending the war in Gaza, something his far-right governing partners oppose. Hamas has repeatedly said it is prepared to free all hostages in exchange for an end to the war, while Netanyahu says he will end the war only when Hamas is disarmed and exiled, something the group has rejected. Hungry Palestinians are enduring a catastrophic situation in Gaza. After blocking all food for two-and-a-half months, Israel has allowed only a trickle of supplies into the territory since mid-May. Palestinians have been shot and wounded while on their way to get food at newly formed aid sites, run by the American and Israeli backed Gaza Humanitarian Foundation, according to Gaza's health officials and witnesses. Palestinian witnesses say Israeli troops have opened fire at crowds heading towards the sites. Israel's military said it was investigating incidents in which civilians had been harmed while approaching the sites. At least 34 people were killed across Gaza by Israeli strikes, health staff say, as Palestinians face a growing humanitarian crisis in Gaza and ceasefire prospects inch closer. The strikes began late on Friday and continued into Saturday morning, among others killing 12 people at the Palestine Stadium in Gaza City, which was sheltering displaced people, and eight more living in apartments, according to staff at Shifa hospital where the bodies were brought. Six others were killed in southern Gaza when a strike hit their tent in Muwasi, according to the hospital. The strikes come as US President Donald Trump says there could be a ceasefire agreement within the next week. Taking questions from reporters in the Oval Office Friday, the president said, "We're working on Gaza and trying to get it taken care of." Talks have been on again, off again since Israel broke the latest ceasefire in March, continuing its military campaign in Gaza and furthering the Strip's dire humanitarian crisis. Some 50 hostages remain in Gaza, fewer than half of them believed to still be alive. They were part of some 250 hostages taken when Hamas attacked Israel on October 7, 2023, sparking the 21-month-long war. The war has killed more than 56,000 Palestinians, according to Gaza's health ministry, which does not distinguish between civilians and combatants. It says more than half of the dead were women and children. There is hope among hostage families that Trump's involvement in securing the recent ceasefire between Israel and Iran might exert more pressure for a deal in Gaza. Israeli Prime Minister Benjamin Netanyahu is riding a wave of public support for the Iran war and its achievements, and he could feel he has more space to move towards ending the war in Gaza, something his far-right governing partners oppose. Hamas has repeatedly said it is prepared to free all hostages in exchange for an end to the war, while Netanyahu says he will end the war only when Hamas is disarmed and exiled, something the group has rejected. Hungry Palestinians are enduring a catastrophic situation in Gaza. After blocking all food for two-and-a-half months, Israel has allowed only a trickle of supplies into the territory since mid-May. Palestinians have been shot and wounded while on their way to get food at newly formed aid sites, run by the American and Israeli backed Gaza Humanitarian Foundation, according to Gaza's health officials and witnesses. Palestinian witnesses say Israeli troops have opened fire at crowds heading towards the sites. Israel's military said it was investigating incidents in which civilians had been harmed while approaching the sites.
Perth Now
2 hours ago
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Bombing kills 13 Pakistani soldiers near Afghan border
An explosive-laden car has rammed into a Pakistani military convoy in a town near the Afghan border, killing at least 13 soldiers, sources said. Four Pakistani intelligence officials and a senior local administrator told Reuters that the convoy was attacked on Saturday in Mir Ali area of North Waziristan district. Around 10 other soldiers were wounded, some critically, and they were being flown to a military hospital, the sources said. The office of the chief minister of Khyber Pakhtunkhwa province said it was a suicide bombing, adding it killed eight security officials. Chief Minister Ali Amin Gandapur condemned the bombing and offered condolences to the soldiers' families. "It was huge, a big bang," the local administrator told Reuters, adding that residents of the town could see a large amount of smoke billowing from the scene from a great distance. One resident said that the explosion rattled the windowpanes of nearby houses, and caused some roofs to collapse. No one has so far claimed responsibility. The Pakistani military did not respond to a Reuters request for a comment. The lawless district that sits next to Afghanistan has long served as a safe haven for different Islamist militant groups, who operate on both sides of the border. Islamabad says the militants run training camps in Afghanistan to launch attacks inside Pakistan, a charge Kabul denies, saying the militancy is Pakistan's domestic issue. Pakistani Taliban also known as Tehreek-e-Taliban Pakistan, an umbrella group of several Islamist militant groups, has long been waging a war against Pakistan in a bid to overthrow the government and replace it with its own Islamic system of governance. The Pakistani military, which has launched several offensives against the militants, has mostly been their prime target.
