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Just coming in right now. The Federal Reserve has announced a half a point. That was not the most expected. Most of what i read was a Quarter Point expected. It was a toss up, and really heres the thing, the Federal Reserve raised Interest Rates to get inflation down. The more recent readings we have gotten on the economy the last six weeks since the last time they announced decision is pointing to a weakness in the labor department. To cut into unemployment and make more people get out of jobs or increase unemployment further, well, thats the reason why they wanted to dramatically cut Interest Rates. They decided to do so by half a Percentage Point. Ec ....
That there have been new explosions rocking the country. One day after a massive coordinated attack causing pagers to explode across all lebanon. Right now, the Death Toll after Yesterdays Attacks on pagers stands at 12, including two children. More than 2700 people were injured, including the iranian ambassador, according to lebanese authorities. Joining us now, Raf Sanchez from Tel Aviv and clint watts, Nbc NewsNational Security analyst. What do we know about the new round of explosions . Reporter jose, in the last couple of minutes, lebanese State Media is reporting what appears to be a second wave of explosions, ....