FT News Briefing The man behind the Hamas attack
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Oct 13, 2023 US inflation has unexpectedly risen, raising concerns about monetary policy. The EU is investigating how disinformation spreads on social media amidst the Israel-Hamas conflict. A deep dive reveals Mohammed Deif, a pivotal military commander behind the recent attacks, who has successfully evaded capture for over twenty years. The discussion highlights the complexities and leadership struggles within Hamas, providing a rich context to the escalating tensions in the region.
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Sticky Inflation
- US inflation remained at 3.7% in September, matching August's rate but exceeding predictions.
- This stickiness reflects a resilient economy, with high demand and tight job markets keeping prices elevated.
Inflation Paradox
- The good news of a strong economy contributes to sticky inflation, as high demand maintains price pressures.
- The housing market is a key driver of the higher-than-anticipated September inflation.
X Under Scrutiny
- The EU launched an investigation into X (formerly Twitter) for potential disinformation spread concerning the Israel-Hamas conflict.
- This marks the first formal probe under the new Digital Services Act, aimed at enhancing online safety.