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Mar 31
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The S&P 500 has declined by 4.6% in the first quarter of 2025, marking its poorest performance since 2022. Investor apprehension centers around President Donald Trump's proposed tariffs on steel and aluminum imports, raising fears of stagflation and a potential recession. Goldman Sachs has increased the probability of a recession to 35%. Financial Times+1Investopedia+1
Measles Outbreak Worsens in Texas and New Mexico
Health officials report a surge in measles cases, with Texas confirming 400 infections since late January, predominantly among unvaccinated individuals. The outbreak has led to 41 hospitalizations and one fatality. New Mexico has recorded 44 cases, resulting in one death and two hospitalizations. Authorities emphasize the critical importance of the MMR vaccine to curb the spread. People.com
Deadly Shooting at San Antonio's Aura Bar and Lounge
A shooting at Aura Bar and Lounge in San Antonio resulted in one death and four injuries. The incident occurred around 12:45 a.m. when a man confronted patrons in the bar's patio, opened fire, and was subsequently shot by a bystander. Both shooters and three others were hospitalized; a 34-year-old suspect later died. The victims' ages range from 19 to 23. MySA
Australian Political Campaigns Intensify Ahead of Federal Election
As Australia's federal election nears, Prime Minister Anthony Albanese pledged $200 million to upgrade St John of God Midland hospital in Perth and ruled out a coalition with the Greens if re-elected. Opposition Leader Peter Dutton promised $10 million for a new weather radar system in flood-affected western Queensland. Both leaders are focusing on key regions to address issues like healthcare, energy, and economic management. The Guardian
U.S. Launches Air and Naval Strikes Against Houthi Targets in Yemen
In a significant military operation, the United States initiated air and naval attacks against Houthi targets in Yemen on March 15, aiming to halt Houthi assaults on commercial vessels in the Red Sea and Gulf of Aden. The strikes targeted radars, air defenses, and missile systems. President Trump warned Iran of "dire" consequences if Houthi attacks persist. Wikipedia
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