Portugal’s democracy turns 50: Thousands commemorate Carnation Revolution

Portugal’s democracy turns 50: Thousands commemorate Carnation Revolution

Portugal celebrated the 50th anniversary of the “Carnation Revolution” that ended a fascist dictatorship and brought democracy. The revolution was led by junior army officers who wanted democracy and decolonization. Recent celebrations were overshadowed by concerns over the rise of the far right in Portugal, including the populist party Chega. Chega has gained popularity by appealing to those with a revisionist view of history and advocating for changes to the constitution. Despite being the third largest party in Portugal, Chega’s leader denies being fascist and criticizes mainstream parties for not addressing poverty and other issues.

Gold rebounds on market caution, aims for $2,400

Gold rebounds on market caution, aims for $2,400

Gold is trading around ,370 per troy ounce due to caution amidst geopolitical tensions in the Middle East. The US Dollar Index is losing ground, making Gold less expensive for investors using other currencies. Federal Reserve officials have acknowledged that inflation has surpassed expectations. Fed Chair Jerome Powell’s recent comments suggest a potentially hawkish stance on upcoming monetary decisions.

Israeli tanks push back in northern Gaza, warplanes hit Rafah, say residents

Israeli tanks push back in northern Gaza, warplanes hit Rafah, say residents

Israeli tanks re-entered parts of northern Gaza and carried out air strikes on Rafah, killing and injuring several people. Tanks surrounded schools where displaced families were seeking refuge, ordering evacuations and detaining men. The Israeli military continued operations in central Gaza, targeting gunmen and destroying terrorist infrastructure. Israel is still imposing restrictions on humanitarian aid to Gaza, despite some claims of increased aid flows. The Palestinian health ministry reported over 33,000 Palestinians killed by Israeli fire since October.

Analysis: how Iran’s attack is interpreted and why there is optimism for a de-escalation

Analysis: how Iran’s attack is interpreted and why there is optimism for a de-escalation

Iran launched a significant attack on Israel, which was largely expected as retaliation for previous events. The attack was carefully calculated to avoid a full-scale war and there is cautious optimism for a de-escalation of the crisis. Iran’s action was more symbolic than substantive, and Israel is expected to react in a targeted manner to avoid further conflict. Further escalation by Iran is considered unlikely at present. Both Iran and Israel are regional powers with complex security concerns.

National Security Council meeting underway

National Security Council meeting underway

The National Security Council began a snap meeting on Sunday morning in response to Iran launching drone strikes at Israel.

UK reportedly dispatches jets from Akrotiri in defence of Israel against Iran

UK reportedly dispatches jets from Akrotiri in defence of Israel against Iran

British fighter jets took off from RAF Akrotiri in Limassol to defend Israel against an Iranian drone attack.

British aircraft dispatched from Akrotiri after Iran launches attack against Israel

British aircraft dispatched from Akrotiri after Iran launches attack against Israel

British fighter jets have been deployed from Akrotiri bases in Cyprus to help with Israel’s defence against Iran’s attack.