Makana 360 Daily Insights: Global News & Digital Trends
📌 Trump is losing his fight with the Fed
President Donald Trump suffered a major legal setback after the Supreme Court ruled that Federal Reserve Governor Lisa Cook was denied due process in his attempt to remove her over unproven mortgage fraud allegations. The decision preserves, for now, the Fed’s political independence and blocks Trump from immediately gaining another appointee aligned with his push for lower interest rates. At the same time, the ruling did not settle whether Cook could still be removed “for cause,” while inflation pressures from the Iran war and disrupted oil flows have made rate cuts less likely, with some Fed officials signaling possible hikes if inflation stays elevated.
📌 Angry Venezuelans accuse the government of negligence over the earthquake response
In La Guaira, Venezuela, rescuers continued searching for survivors beneath collapsed buildings after twin earthquakes killed at least 1,700 people. Search teams paused at times to listen for signs of life, while families nearby waited desperately for any news of missing relatives. Residents accused authorities of responding too slowly, saying local people began digging with their bare hands before official rescue teams arrived. In other affected areas, survivors also reported searching through rubble with basic tools, amid fears that many bodies may never be recovered, leaving the full scale of the disaster still unclear.
📌 Paraguay stun Germany on penalties to reach the last 16
Germany exited the 2026 World Cup after losing 4-3 on penalties to Paraguay following a 1-1 draw after extra time. Julio Enciso gave Paraguay a surprise lead before Kai Havertz equalized from Florian Wirtz’s cross. Germany thought they had won the match in extra time, but Jonathan Tah’s header was ruled out for a foul on the goalkeeper. In the shootout, Havertz and Nick Woltemade were denied by Orlando Gill, before Jose Canale converted the decisive penalty to send Paraguay into the last 16 and hand Germany its first-ever World Cup defeat in a penalty shootout.
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