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World Braces for Potential Regional Conflict as Tensions Rise Between US and Iran
Tensions in the Middle East escalated as Iran's supreme leader warned that any attack by the United States would spark a "regional war," according to NPR Politics. The warning came amidst a continued military buildup by the U.S. in the region, with President Trump hinting at a possible attack.
The U.S. military movements followed a series of threats exchanged between the two nations. The potential conflict raises concerns about wider instability in the Middle East.
In other news, Groundhog Day was marked on February 2nd, with Punxsutawney Phil predicting six more weeks of winter, according to Euronews. The annual tradition, which dates back to 1887, took place in Pennsylvania at Gobblers Knob, drawing tens of thousands of people. Handlers translated Phil's verdict, based on whether he saw his shadow.
The Rafah crossing between Gaza and Egypt partially reopened on February 2nd after nearly two years of closure, Euronews reported. The reopening allowed limited humanitarian aid and enabled Palestinians to return. Officials from Egypt and Israel stated that the opening was part of the ceasefire process, with approximately 50 people expected to cross in each direction during the initial days. State television showed ambulances and microbuses entering from the Egyptian side.
In the United States, a court ordered the restart of all U.S. offshore wind construction, Ars Technica reported. The ruling overturned an executive order from the Trump administration that had blocked permitting for offshore wind and some land-based projects. The court deemed the order "arbitrary and capricious." The administration had also targeted five offshore wind projects already under construction.
Many employers are considering "peanut butter raises" instead of merit-based pay increases in 2026, Fortune reported. According to a Payscale report, around 44% of employers plan to roll out uniform, across-the-board wage bumps. Approximately 16% of organizations are newly implementing this pay strategy, while 9% already employ it, and another 18% are considering it this year. Around 56% of organizations that reported they would exceed revenue goals are planning to use the approach.
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