Donald Trump is reportedly contemplating the dismissal of Jerome Powell, the chair of the Federal Reserve, following Powell’s refusal to lower interest rates. This potential action has raised concerns about the independence of the US central bank and caused fluctuations in the stock market. On Wednesday, Trump stated it was “highly unlikely” he would proceed with terminating Powell, despite earlier indications that he had shown a draft letter for the dismissal to political allies.

The president has consistently urged the Federal Reserve to cut interest rates to stimulate economic growth. Powell has resisted these calls, citing the uncertainty surrounding inflation due to Trump’s controversial trade policies. Reports surfaced that during a meeting with House Republicans, Trump expressed dissatisfaction with Powell’s leadership and hinted at a possible dismissal. Following this news, the S&P 500 index experienced a significant drop before slightly recovering after Trump’s reassurances.

Despite the turmoil, Trump emphasized during a White House press event that there were no immediate plans to fire Powell. “We’re not planning on doing it,” he stated, attempting to quell fears in the financial markets. The benchmark index, which had fallen sharply initially, was down just 0.1 percent at 6,236.64 by lunchtime in New York.

In recent months, inflation rates in the US have increased, attributed in part to the impact of Trump’s trade policies. The president has reiterated his call for the Federal Reserve to reduce rates, yet policymakers have been cautious, primarily due to concerns about rising inflation. Although Trump has publicly criticized Powell and suggested he should resign, the president lacks the authority to dismiss him solely for monetary policy decisions. The Supreme Court has indicated that the Federal Reserve operates with legal protection.

Trump originally nominated Powell to lead the Fed during his first term, and President Joe Biden later reappointed him to serve until May 2026. Powell has affirmed his intention to continue in his role.

In a separate political context, Trump has recently faced backlash from his supporters regarding the handling of inquiries into the late socialite and convicted sex offender Jeffrey Epstein. The president has criticized his own base, labeling them “gullible weaklings” for questioning the transparency of the investigations related to Epstein’s crimes. In a lengthy post on his social media platform, Truth Social, he accused his past supporters of falling for what he deemed a “radical left” hoax.

Trump’s comments came as his supporters expressed increasing concern over the lack of information regarding Epstein’s client list, which has become a topic of speculation. Republican voters have urged Trump to release documents associated with the case, known as the Epstein Files. Several users on Truth Social responded to Trump’s remarks, urging him to provide clarity on the issue.

The president’s tone has shifted dramatically in recent days, moving from attempts to placate his followers to outright criticism. On Tuesday, Trump described the Epstein inquiry as “boring” but stated he supported the release of credible evidence without specifying what that might entail.

During his election campaigns, Trump has fueled various conspiracy theories, including notions of a “deep state” controlling the government. This has led to heightened paranoia within his base, particularly regarding the Epstein controversy. Following the announcement from the Justice Department and the FBI confirming that Epstein had died by suicide in 2019, further inquiries into his client list were deemed unnecessary.

Trump’s allies have directed their frustration at Pam Bondi, the attorney general overseeing the Epstein case, who had previously indicated that documents relating to Epstein’s clientele were available for review. High-profile conservatives have called for Trump to disclose all known information about Epstein, including his daughter-in-law, Lara Trump, who has publicly stated the need for more transparency on the matter.

As the situation unfolds, the implications of Trump’s potential actions regarding Powell and the ongoing Epstein inquiries may have lasting impacts on both his presidency and the political climate in the United States.

APT Travelmarvel and ITTN have launched an exciting competition titled “Travelmarvel Moments of the Year,” offering travel agents in Ireland a chance to win a river cruise for two. Participants are invited to capture their travels with a specially designed Travelmarvel mug, showcasing their adventures from iconic landmarks to serene countryside scenes.

How to Participate in the Competition

Agents can enter the contest by taking a photo of their Travelmarvel mug in a memorable location. Whether enjoying coffee on the Cliffs of Moher, watching the sunrise over the Liffey, or riding in a gondola in Italy, creativity is encouraged. Participants should send their photos along with a brief description of the moment to [email protected]. Each submission will also be featured on the ITTN website, and entrants are urged to share their moments on social media using the hashtag #TravelmarvelMoments.

A panel of judges, including Geoff Percival, Katie Doyle, and Shane Cullen of ITTN, along with Michelle Ryan from Travelmarvel, will evaluate the entries. Each month, a winner will be chosen, receiving a ticket to the Irish Travel Trade Awards 2025, where they will be hosted by the Travelmarvel team.

Prizes and Upcoming Announcements

The competition culminates in one overall winner being named, who will enjoy an 8-day river cruise on the new Travelmarvel Rigel, set to launch in 2026. This cruise promises to be a remarkable journey, showcasing the best of river travel.

To obtain a Travelmarvel mug, interested parties can contact [email protected]. In addition to the competition, Michelle Ryan will document her own Travelmarvel Moments as she visits travel agents and attends events, sharing insights and updates about river cruising through her column, “Michelle’s Travelmarvelous Monthly Moments,” which will be published on the last Thursday of each month on ITTN.ie.

To kick off the contest, two winners will be announced this month, increasing the chances for participants to win. The first round of winners is set to be revealed on August 12, 2025. As the competition unfolds, participants are encouraged to capture and share their travel experiences, making this opportunity not only a chance to win but also to celebrate the joy of travel.

An Israeli-backed American organisation reported that at least 20 Palestinians were killed near an aid distribution site in Khan Younis, Gaza. The violence erupted amid ongoing Israeli airstrikes, which claimed the lives of an additional 41 individuals, including 11 children, according to hospital officials. The incident highlights the deteriorating humanitarian conditions in the region, where civilians are increasingly caught in the crossfire of the conflict.

The Gaza Humanitarian Fund (GHF), which oversees aid distribution efforts, stated that 19 individuals died in a stampede triggered by panic, while one person was fatally stabbed during the chaos. The GHF attributed the unrest to misinformation spread by Hamas, although it did not provide supporting evidence for this assertion.

In a broader context, the United Nations human rights office and Gaza’s Health Ministry report that approximately 850 Palestinians have died while waiting for aid since May. This includes casualties at GHF distribution sites and other locations. The ongoing violence has severely impacted the ability of humanitarian organisations to operate effectively.

Escalating Violence in Gaza

Israeli airstrikes have intensified, with the military reporting more than 120 targeted strikes across Gaza within the past 24 hours. This includes operations against what Israel describes as Hamas military infrastructure, such as tunnels and weapon storage facilities. The Israeli government has consistently accused Hamas of using civilian areas to conceal military assets, complicating the situation for those seeking refuge.

In a separate incident, airstrikes in northern Gaza resulted in 22 fatalities, including 11 children. Furthermore, the Israeli military has announced the opening of a fourth corridor in Khan Younis, which the forces have claimed is necessary to apply pressure on Hamas. Historically, these corridors have been contentious during ceasefire negotiations, as Israel aims to maintain military control over them.

Gaza is currently facing a catastrophic humanitarian crisis, exacerbated by the ongoing conflict that escalated after Hamas attacked Israel on October 7, 2023. Since then, the region has been subjected to relentless bombardment and a crippling blockade, leading to widespread food insecurity. Experts note that many residents are now on the brink of famine.

Challenges for Humanitarian Aid

The Gaza Humanitarian Fund, established in February and registered in Delaware, aims to provide relief amidst the growing crisis. Yet, reports indicate that since its inception, aid workers have faced significant challenges. Palestinians claim that Israeli troops frequently open fire at crowds approaching distribution points, leading to numerous casualties.

According to Gaza’s Health Ministry and eyewitness accounts, several hundred individuals have been killed or wounded while seeking assistance. The ongoing violence raises profound concerns about the safety of humanitarian operations and the urgent need for a sustainable resolution to the crisis.

As the situation continues to unfold, the humanitarian plight of the more than two million Palestinians in Gaza remains dire, with international calls for increased support and intervention becoming increasingly urgent.

A couple has been convicted of murdering their two-year-old grandson, Ethan Ives-Griffiths, who died under harrowing circumstances. The child was found at his grandparents’ home in Flintshire, North Wales, on the evening of August 14, 2021. At the time of his collapse, Ethan was dangerously dehydrated, severely underweight, and exhibited 40 visible bruises and marks across his body.

The court heard evidence detailing the neglect and abuse that Ethan endured while in the care of his grandparents. Medical experts testified that the child’s condition suggested he had been subjected to prolonged maltreatment. He suffered a catastrophic head injury which ultimately led to his death, prompting a thorough investigation by local authorities.

During the trial, the prosecution presented a compelling case that highlighted Ethan’s tragic suffering. Witnesses described the couple’s behavior as both “casual” and “brutal,” painting a disturbing picture of the environment in which the child lived. The jury deliberated extensively before reaching a unanimous verdict.

The couple’s defense argued against the charges, claiming that the injuries were not the result of intentional harm. However, the jury found the evidence overwhelming, leading to the convictions for murder. The judge is expected to impose a significant sentence, reflecting the severity of the crime and the loss of an innocent life.

Ethan’s death has sparked outrage and calls for better protections for vulnerable children in similar situations. Local officials have expressed their commitment to reviewing child welfare policies to prevent such tragedies in the future. This case has resonated deeply within the community and beyond, highlighting the urgent need for systemic change in safeguarding children.

As this case concludes, it serves as a grim reminder of the responsibilities that adults hold in caring for children. The ramifications of this tragedy will likely influence discussions around child protection and legal measures aimed at ensuring the safety of minors in the care of relatives.