*INTERNATIONAL NEWS 15/10/24*
1. Federal Reserve Governor Waller: The Federal Reserve should be more cautious about cutting rates than it was at the September meeting. If inflation falls below 2%, although that's unlikely, or if the labor market deteriorates, the Fed could lower rates sooner. If inflation unexpectedly rises, the Fed may pause rate cuts.
2. Federal Reserve's Kashkari: Further "moderate" rate cuts seem appropriate.
3. Washington Post: Israeli Prime Minister Netanyahu has told the U.S. that Israel will target Iran's military objectives rather than nuclear or oil facilities.
4. EU Foreign Ministers Meeting: A resolution was passed to impose sanctions on Iran, citing that Iran has provided ballistic missiles to Russia for use against Ukraine.
5, Iran's Secret Communication to Israel: Iran has conveyed that if Israel's response to Iranian attacks remains limited, Iran will consider this round of hostilities between the two countries as concluded.
6. North Korean Leader Kim Jong Un: On October
14th, North Korean Workers' Party General Secretary and State Affairs Commission Chairman Kim Jong Un presided over a national defense and security meeting. After receiving updates on the progress of the General Staff and the mobilization of major joint forces, Kim Jong Un outlined the direction of current military activities and specified tasks for strengthening national defense and exercising self-defense to safeguard sovereignty and security interests. He clarified North Korea's strong military-political stance.
7. 2024 Nobel Prize in Economic Sciences: Awarded to Daron Acemoglu, Simon Johnson, and James A.
Robinson for their research on "how institutions shape and influence prosperity."
8, OPEC: OPEC has cut its global oil demand growth forecast for the third consecutive month for this year and next.
9, India and Canada: The two countries have
âąexpelled each other's diplomats.