Also today, the ruling Chinese Communist Party warned of a crackdown on what it called hostile forces.
In Iran, Kurdish protesters yesterday celebrated the defeat of the national team by the United States in the FIFA World Cup. In a social media video shot overnight, cars honked in support and people chanted “Death to the dictator”. It was a reference to Supreme Leader Ayatollah Khamenei. The protests began after the death of a Kurdish woman in police custody in September.
Back in that country, President Biden pledged $135 million to relocate Native American villages impacted by rising sea levels and other climate threats. Later, the President attended the lighting of the national Christmas tree. The tradition celebrates its 100th anniversary this year.
Another long-standing tradition, the French baguette, has joined the UN’s World Cultural Heritage List. Today’s announcement recognizes the baguette, even as artisan bakeries in France are in decline. The age-old brad dates back to at least 1839.
On Wall Street, stocks surged as Federal Reserve Chairman Jerome Powell talked about slowing the pace of interest rate hikes. The Dow Jones Industrial Average gained 737 points, 2%, to close at 34,589. The Nasdaq rose 484 points. That’s almost 4.5 percent. The S&P 500 rose 3%.
And Fleetwood Mac singer, songwriter and keyboardist Christine McVie has died of an undisclosed illness. The group rose to fame in the 1970s and 1980s and were later inducted into the Rock and Roll Hall of Fame. McVie was featured on hits like “Everywhere,” performed here for a 25th anniversary concert in 1997.