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The leaders of Germany, France, the United Kingdom and Poland have arrived in Kyiv for meetings with Ukraine’s President Volodymyr Zelensky, a symbol of a united European position to publicly pressure Russian President Vladimir Putin.

Friedrich Merz, the new German Chancellor, French President Emmanuel Macron, Britain’s Prime Minister Keir Starmer and his Polish counterpart Donald Tusk arrived together Saturday morning at Kyiv’s main railway station, where they were met by Zelensky’s chief of staff Andriy Yermak.

The meetings are a sign of a renewed diplomatic urgency aimed at achieving a ceasefire in the war between Russia and Ukraine, which is grinding on despite US efforts to broker peace.

“There is much work to be done and many issues to discuss. This war must be ended with a just peace. Moscow must be forced to agree to a ceasefire,” Yermak wrote on his Telegram channel.

The first stop for the European leaders was Kyiv’s Independence Square where they stood to honor fallen Ukrainian soldiers.

Ukraine, supported by the Europeans, has been calling for an immediate unconditional 30-day ceasefire, something that US President Donald Trump is also demanding.

Russia has so far refused to commit, saying it supports the idea of a 30-day ceasefire in principle but insists there are what it calls “nuances” that need addressing first.

Kremlin spokesman Dmitry Peskov in an interview with ABC News on Saturday suggested that one of these “nuances” was putting a halt to the supply of US and European weapons to Ukraine.

Putin has often spoken about the need to address what he calls “root causes” – which are taken to mean, among others, the eastward expansion of NATO.

In a Truth Social post on Thursday, Trump wrote that “if the ceasefire is not respected, the US and its partners will impose further sanctions,” adding to a sense he is growing frustrated with Russian stalling.

The inauguration of Trump in January ushered in a complete change in the US’ diplomatic focus on the war, with Ukraine and key allies fearful of a significant tilt in US policy towards Moscow.

European leaders have convened a series of meetings in response, aimed both at showing the US that Europe can do more to support Ukraine militarily, as well as providing a single voice urging the US president not to take Russia’s side in the war.

“A just and lasting peace begins with a full and unconditional ceasefire. That is the proposal we are advancing with the United States,” French President Macron wrote on his X account Saturday morning.

“Ukraine accepted [the ceasefire proposal] on March 11. Russia, however, delays, sets preconditions, plays for time, and continues its war of invasion. If Moscow continues to obstruct, we will step up the pressure—together, as Europeans and in close coordination with the United States. We welcome President Trump’s call to move forward in this direction,” Macron added.

This post appeared first on cnn.com

The S&P 500 ($SPX) wrapped up Tuesday just below its intraday midpoint and posted one of the narrowest ranges we’ve seen in the past two months. That’s a clear sign traders are reluctant to take major bets ahead of Wednesday’s 2:00 PM ET Federal Open Market Committee (FOMC) decision.

And honestly, this caution makes sense. If we look back at how the stock market has reacted following the first two FOMC meetings of 2025, there has been a mix of hesitation and sharp moves.

Below is an updated chart marking each FOMC date since 2024 alongside the S&P 500. After the late January meeting, the S&P 500 zig-zagged to marginal new highs over the next two weeks before the first of two sharp down legs unfolded.

FIGURE 1. FOMC DATES SINCE 2024.

Coincidence or not, the S&P 500 is trading at nearly the same price level now, six weeks later, as it was back then. So, how close are today’s prices compared to the close on March 18, the day before the last Fed meeting?

This close (see chart below):

FIGURE 2. THE S&P 500 IS TRADING VERY CLOSE TO LAST FOMC MEETING LEVELS.

The difference is that the index has been rallying for four weeks, starting from the pivot low on April 7, a month ago today. In March, the S&P 500 was trying to bounce after topping four weeks earlier on February 19. That bounce continued for a few more days before dominant down-trending price action took over.

But over the last few weeks, the dominant trend is definitely higher. So the big question now is: can this mini uptrend resume after this pause?

A Short-Term Setup to Watch

A few days ago, the 14-period relative strength index (RSI) on the two-hour chart grazed the 70-overbought level for the first time since late January (see chart below). Yes, it took a nearly 18% rally in a very short time frame for it to finally happen, but remember, the indicator was coming off its lowest level since the COVID lows. Modest 3–5% pops were enough to trigger overbought readings for much of 2024. Not this time.

As you know, overbought conditions never persist, especially in very short timeframes like this. However, if this rally has anything left in the tank, we’ll see the indicator hit overbought again soon. That may not happen in the next day or two, but if the market reacts negatively to today’s news, but a bid returns soon after, it could keep some of the bullish patterns we’ve been tracking in play. That’s just one scenario, but one we’ll be closely watching.

FIGURE 3. TWO-HOUR CHART OF THE S&P 500.

Bullish Patterns Still Intact

There are two bullish pattern breakouts still in play on the S&P 500 chart:

And barring a very extreme and negative reaction, the patterns will stay alive today, as well.

FIGURE 4. INVERSE HEAD-AND-SHOULDERS AND CUP WITH HANDLE PATTERNS.

FIGURE 5. INVERSE HEAD-AND-SHOULDERS PATTERN IN THE S&P 500.

FIGURE 6. CUP WITH HANDLE PATTERN IN THE S&P 500.

A Bright Spot: Utilities

The Utilities Select Sector SPDR Fund (XLU) was the first sector ETF (and one of the first of all the ETFs we track) to notch a new 50-day high, which it hit on Tuesday. On the weekly chart, it’s clear the ETF is now trying to leverage a multi-month bottoming formation.

This is especially notable because the formation has developed above two bullish pattern breakouts from 2024. Ironically, XLU’s first major breakout of 2024 happened around this time last year (late April), which set the stage for an extremely strong run, at least through late November.

The current snapback is important to watch, given how well XLU has recently capitalized on bullish breakouts. Some upside follow-through from here would also put the former highs back in the crosshairs.

FIGURE 7. WEEKLY CHART OF UTILITIES SELECT SECTOR SPDR (XLU).

Invesco Solar (TAN) Still Has Work to Do

Invesco Solar ETF (TAN) has been rallying since the April lows, much like nearly every ETF we track. On the daily chart, it’s been trying to leverage a bullish cup and handle pattern, a formation we’ve also seen emerge in many other areas. It’s coming off an extremely oversold condition, with its 14-week RSI undercutting 30 for just the third time since 2021. So TAN could see some additional upside from here.

But the ETF will need to do much more to materially improve its long-term technical picture. Nearly every rally has stalled near the key weekly moving averages, all of which continue to slope lower. Selling strength in TAN has been a highly effective strategy since it peaked in early 2021.

FIGURE 8. WEEKLY CHART OF INVESCO SOLAR ETF (TAN).

Bitcoin Holding Up

Bitcoin has held its breakout from two weeks ago quite well so far. The next upside target remains near 103k. Again, regardless of whether or not you follow crypto, seeing the bid continue is a bullish sign for risk appetite across different asset classes, especially equities.

Fun fact: Bitcoin topped a few weeks before the SPX, so it can be a useful leading indicator.

FIGURE 9. BITCOIN BREAKS OUT.

Ethereum Playing Catch-Up

While Ethereum’s extreme relative weakness vs. Bitcoin has continued, it too has rallied over the last few weeks. It’s now close to breaking out from a cup with handle formation. At the same time, it’s testing its now flat 50-day moving average.

The combination of a bullish breakout and a move through the 50-day moving average produced a very strong follow-through rally in November, something Ethereum will try to replicate.

FIGURE 10. ETHEREUM BREAKS ABOVE 50-DAY MOVING AVERAGE.

Final Thoughts

As we head into the Fed decision, we’re seeing a lot of cautious optimism in the charts. Key bullish patterns are still holding, sectors like Utilities are showing strength, and crypto is flashing green.

The next few sessions will be important. If we get a knee-jerk reaction to the Fed, but buyers step in quickly it could set the stage for the next leg higher in this rally.

Stay alert.



Frank Cappelleri is the founder and president of CappThesis, an independent technical analysis newsletter firm. Previously, Frank spent 25 years on Wall Street, working for Instinet, the equity arm of Nomura and Smith Barney. Frank’s various roles included being an equity sales trader, technical analyst, research sales specialist and desk strategist. Frank holds the CFA and CMT designations and is a CNBC contributor.

https://cappthesis.com

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https://www.linkedin.com/in/frank-cappelleri-cfa-cmt-a319483/

Robinhood Markets, Inc. (HOOD) is back in the spotlight, wrestling with its four-year highs and turning heads on Wall Street. It debuted in 2021 as an IPO darling, capturing the imagination of young Gen Z traders before its dramatic fall as a meme stock fueled by crypto and an unhealthy dose of FOMO.

Now, with year-to-date gains outpacing the S&P 500 ($SPX), the former disruptor is looking to claim its space as a serious contender rather than a speculative fad.

Robinhood Stock’s Price Action: Breaking Out or Topping Out?

If you’ve been checking the StockCharts Technical Rank (SCTR) Reports, you’ve probably noticed the stock popping up on the Large Cap Top 10 list.

FIGURE 1. SCTR REPORT LARGE CAP TOP 10. Robinhood is second from the top.

If you’re eyeing HOOD, you’re likely asking two key questions: How is it performing relative to its Financials sector peers, and how strong is the sector itself in terms of market breadth? Just as important, you’ll want a longer-term view: How has the stock held up over time, both on its own and compared to the broader S&P 500?

Let’s tackle all those questions in one shot.

Financial Sector Breadth Shows Bullish Tailwinds for HOOD

The chart below, which tracks the Financial Sector Bullish Percent Index, offers a quick read on sector strength and market positioning.

NOTE: The BPI spans three years.

FIGURE 2. FINANCIAL SECTOR BPI. Market breadth and comparative price performance look exceedingly bullish.

From a breadth perspective, the Financial sector looks bullish, bordering on overbought, with over 82% of the stocks within the sector triggering Point & Figure Buy Signals, according to its Bullish Percent Index (BPI) reading. Meanwhile, HOOD is crushing it on a 3-year relative basis—outperforming its sector by 250% and the S&P 500 by nearly 300%.

This paints a bullish picture. But before jumping to conclusions, let’s take a step back and look at HOOD’s price history, going back to when it IPO’d in 2021.

From Meme Craze to Measured Recovery

Check out the weekly chart below.

FIGURE 3. WEEKLY CHART OF HOOD. It’s above the 10-week and 40-week SMAs, but it has quite a distance to go before testing its yearly high.

You don’t need annotations to spot where HOOD’s meme-stock frenzy peaked and where the crash began, fueled by a sharp drop in retail trading activity, crypto market volatility, and intensifying regulatory pressure.

After basing for two years, HOOD began picking up steam in 2024. Its improving technical strength is reflected in the sharp spike of its SCTR, breaking above the 90 line. Fundamentally, HOOD began to recover as it started raking in profits, expanding its product lineup, and reigniting its user growth.

It’s trading above its 10-week and 40-week simple moving average (SMA), which is equivalent to a 50-day and 200-day SMA, respectively. Still, it has quite a way to go before testing its high of $66.90.

Short-Term Trading Setup

If you’re looking to buy HOOD, you’ll need to zoom in to find favorable entry points. Let’s switch over to a daily chart.

FIGURE 4. DAILY CHART OF HOOD. Support levels are clear and accumulation looks promising.

HOOD was in an intermediate-term downtrend starting in early February, where it peaked at $66.90, all the way down to the early part of April, where it bottomed sharply at around $29. HOOD quickly recovered, breaking above $50 (a local swing high) to $54, where it is now (at the time of writing).

Can HOOD Hold Its Gains or Is Consolidation Coming?

The Stochastic Oscillator warns that HOOD may be overbought and due for a pullback. Here are a couple of scenarios to consider, and note that the Ichimoku Cloud visually provides a wider range of potential support:

  • Watch for support at $46 or $39, both recent swing lows.
  • If it stalls between those levels, it could signal a failed breakout and continued consolidation until a new catalyst emerges.
  • If it drops below $39, the next key level is at $29, but be a little cautious at that point, as such a deep retracement may indicate weakening momentum, sentiment, and fundamental weakness.

On the bullish side of things, the Accumulation/Distribution Line (ADL), currently well above the price, is indicating strong accumulation, suggesting that demand is outpacing supply—which, if it continues, can drive prices higher.

At the Close

Robinhood’s stock price is showing real signs of strength, not just on a chart, but in its fundamentals. With relative performance beating its sector and the S&P 500, and strong accumulation under the surface, HOOD’s comeback narrative is gaining technical validation. But with overbought signals flashing and key support levels in play, the next move may depend on whether bulls defend the breakout, or if the stock consolidates further while waiting for its next catalyst.

In either case, keep a close eye on volume, momentum shifts, and those support zones. HOOD may still have more room to run, but timing your entry could make all the difference.



Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your personal and financial situation, or without consulting a financial professional.

This week’s clashes between Pakistan and India are the most serious escalation in tensions between these two historic foes in decades with millions on both sides of their border now wondering what might come next.

Despite a vow to “avenge” India’s strikes on its territory, Pakistan has yet to retaliate in kind on India, and both sides appear to have already claimed victory. But hostilities continue.

Palpable panic rocked both nations Wednesday after New Delhi launched targeted military strikes on its neighbor, while Islamabad claimed it had shot down its rival’s fighter jets.

The fear is that each additional confrontational step by either side could quickly spiral into an all out conflict.

Indian media was euphoric after Wednesday’s strikes. “Strokes of justice,” ran an editorial from one of India’s leading English newspapers commending the country’s “sharp” and “resolute” response to the massacre of 26 people in Indian-administered Kashmir, at the hands of militants. A headline from The Indian Express echoed a similar tune: “Justice Served” it said across the front page.

In Pakistan, the public response from Prime Minister Shehbaz Sharif was similarly bellicose.

He has vowed to “avenge” the deaths of 31 people Pakistan says were killed in India’s strikes but still appeared to declare triumph for its apparent shooting of India’s airplanes.

“It only took a few hours for the enemy to fall on its knees,” he said in a late-night address to the nation.

India says it struck “terrorist infrastructure” belonging to two Islamist groups – Lashkar-e-Tayyiba and Jaish-e-Mohammed – who have been accused of being behind some the deadliest militant attacks on the country. Wednesday’s strikes did not target military infrastructure and didn’t kill civilians, New Delhi said, potentially giving India and Pakistan an opportunity to find a way to avoid an all-out war.

One location India struck was deep in Pakistan’s Punjab province, the deepest attack in Pakistan’s undisputed territory since both countries fought a major war in 1971. It also targeted multiple other locations in Punjab – the heartland of the powerful military and home of the Sharif government – and hit a mosque, according to Pakistani officials, angering millions in the Muslim-majority nation.

What happens now, analysts say, mostly depends on Islamabad’s next move.

“All eyes are on Pakistan,” said Washington-based South Asia analyst, Michael Kugelman. “If it decides to save face and claim victory — perhaps by pointing to the downing of Indian jets (which New Delhi has not confirmed) — and call it a day, an off ramp could be in sight.”

But he warned “all bets would be off” should Pakistan decide to strike back.

‘Something to lose’

Most analysts agree the nuclear-armed neighbors cannot afford another battle.

India and Pakistan have already fought three wars over Kashmir, a contested region they both claim in its entirety and each control a part of. Another conflict could have catastrophic consequences.

Since its birth seven decades ago in the partition of what was British India, Pakistan – now home to 230 million people – has faced mounting challenges, from political instability to an alarming militant insurgency, climate catastrophes and economic disarray.

India is seemingly in a stronger position; its military is seen as superior in any conventional conflict based on number alone and it boasts an economy more than 10 times the size of Pakistan’s. But it too would have something to lose should the conflict escalate, according to Tanvi Madan, a senior fellow in the Foreign Policy program at the Brookings Institution.

“Largely on the basis of what we’ve seen in previous times, these are two rational actors who don’t want a broader war,” Madan said.

India’s Prime Minister Narendra Modi has vowed to elevate India’s status on the global stage, bidding to host the Olympics and seeking to overtake China as the world’s manufacturing hub.

Not to mention, India already faces security threats on multiple fronts — particularly along contested borders with China.

De-escalation or more to come?

India was quick to project that its response to the April 22 massacre was “focused, measured and non-escalatory” and make clear that they were in response to the tourist’s massacre.

Top officials in New Delhi reached out to key counterparts in the United States, Middle East and Russia, among others, “presumably to encourage international pressure for Pakistan to avoid escalation,” said Nisha Biswal, Senior Advisor at The Asia Group.

Pakistan’s leaders touted a victory by the country’s air force, saying five Indian fighter jets were shot down during an hour-long battle fought at ranges over 160 kilometers (100 miles).

India’s leaders have said little in response to those claims and have not acknowledged any aircraft losses. The Pakistanis have yet to show any evidence proving they downed fighter jets, but a French Defense Ministry source said at least one of India’s newest and most-advanced warplanes – a French-made Rafale fighter jet – was lost in the battle.

If there have indeed been losses for India, Pakistan could claim victory “even if the circumstances are murky,” said Milan Vaishnav, a senior fellow and director of the South Asia Program at the Carnegie Endowment for International Peace.

“This would allow Pakistan to claim it has imposed costs on Indian military targets.”

Yet, amid the fog of war, Pakistan’s powerful army general Asim Munir had already vowed to match any aggression from India.

And Munir, who is known for his hardline stance on Hindu-nationalist Modi, has a reputation of being more assertive than his predecessor Qamar Javed Bajwa.

Meanwhile there have been many voices within Modi’s Hindu nationalist party pushing for a decisive blow against Pakistan for years.

Kugelman, the South Asia analyst, said the US, which has historically interceded in these crises, could try to defuse the tension, but it’s unclear how much bandwidth the Trump administration is willing to allocate.

“China has called for de-escalation, but its fraught ties with India rule it out as a viable intermediary. The top mediator candidates are the Arab Gulf states, especially Qatar, Saudi Arabia, and the United Arab Emirates,” he said, given their strong ties with both nations.

Qatar was quick to urge diplomacy in the hours after Wednesday’s strikes.

While most analysts think there is an off-ramp for both nations, they all agree the situation remains fluid and tense.

“This crisis is as unpredictable as it is dangerous—an unsettling combination,” Kugelman added.

This post appeared first on cnn.com

Britain’s King Charles and heir to the throne Prince William laid wreaths in Westminster Abbey on Thursday at the culmination of the country’s four days of commemorations to mark the 80th anniversary of Victory in Europe Day.

The thanksgiving service in the Abbey began with a two-minute silence, which was also observed across the country, to remember Nazi Germany’s unconditional surrender, which took effect on May 8, 1945.

Charles and William, military medals pinned on their chest and standing beside elderly veterans in wheelchairs, laid wreaths at the the Grave of the Unknown Warrior, in a show of respect for those who gave their lives in World War Two.

The anniversary, which comes at a time of ongoing conflict in Europe with Russia’s war in Ukraine, was also marked with events in France and Germany, while Moscow will hold a major military parade on Friday.

Speaking at a defense conference in London on Thursday, British Prime Minister Keir Starmer called the day a celebration of defiance, sacrifice and courage.

“A victory not just for Britain but for good against the assembled forces of hatred, tyranny and evil,” he said.

In Moscow, Russian President Vladimir Putin spoke of the “sacred” victory over Adolf Hitler, and said his country was standing against “neo-Nazism,” a characterisation of the current conflict in Ukraine that is strongly rejected by Kyiv.

Putin was holding talks with Chinese President Xi Jinping, who is joining Russia’s celebrations.

French President Emmanuel Macron was due to lay a wreath at the statue of French wartime hero Charles de Gaulle in Paris and inspect a troop parade at the Arc de Triomphe. Dozens of World War Two-era vehicles will also parade down the Champs-Elysees avenue.

In Berlin, President Frank-Walter Steinmeier will address the Bundestag, the lower house of Germany’s parliament,during a special remembrance session.

VE Day’s 80th anniversary will be one of the last major celebrations with living veterans attending events, as most are now in their 90s or older.

British veterans were among the congregation at Westminster Abbey in London. They will be greeted by Charles and his wife Queen Camilla after the service, before senior royals also lay flowers at a memorial nearby.

Veterans also attended a grand military parade and flypast close to Buckingham Palace on Monday, one of a series of anniversary events, in what has been a busy few days for Charles.

The monarch, 76, was last year diagnosed with an unspecified form of cancer and is still undergoing treatment.

Later on Thursday there will be a concert at Horse Guards Parade for 10,000 people. Charles and Camilla will be in the audience to hear music and the stories of veterans.

This post appeared first on cnn.com

The Israeli military acknowledged Thursday that it does not have “sufficient evidence” to substantiate terrorism funding allegations it leveled against a prominent Palestinian journalist, even as an Israeli general ordered he be detained for another six months.

The Israeli military’s top general in the occupied West Bank ordered the journalist, Ali Samoudi, 58, to be held under administrative detention, which allows the military to hold individuals without trial for up to six months at a time. Administrative detention orders can be renewed indefinitely.

The commander issued the order on Wednesday following a military court hearing last week during which prosecutors sought to extend his detention.

Palestinians living in the West Bank are subject to Israeli military law and are typically tried in military courts, not Israeli civilian courts.

At the time, the Israeli military accused him of transferring funds to Palestinian Islamic Jihad, a militant group in the West Bank and Gaza which Israel considers a terrorist organization. The Israeli military provided no evidence to back up its claim.

Israeli military prosecutors never leveled that accusation in court, Samoudi’s lawyer Jamil al-Khatib said, instead vaguely accusing Samoudi of harming the activity of Israeli forces in the West Bank.

The military’s administrative detention order cites Samoudi’s “presence posing a danger to the security of the region” as justification for his detention.

He is one of 20 journalists detained and held under administrative detention since the start of the war in Gaza, according to the Palestinian Prisoners’ Society (PPS).

“Samoudi’s arrest and administrative detention is part of the occupation’s escalating campaign of targeting journalists, particularly through the systematic use of administrative detention,” the PPS said in a statement.

Samoudi is now being held in Megiddo prison in central Israel, according to his lawyer, where he is still waiting to receive his eyeglasses and medications for several chronic conditions, including high blood pressure and diabetes.

One of the most well-known Palestinian journalists in the West Bank, Samoudi has worked with international news organizations for decades as a local producer and fixer.

He was also a witness to the high-profile killing of Al Jazeera journalist Shireen Abu Akleh, by Israeli forces in 2022, during which he was also shot.

This post appeared first on cnn.com

Israeli Prime Minister Benjamin Netanyahu has vowed to “defend ourselves alone” against Yemen’s Houthi rebels after US President Donald Trump struck a deal with the Iran-backed group.

According to Trump, the US would halt an ongoing military campaign against the Houthis in exchange for the group stopping its attacks on US interests in the region.

The Houthis acknowledged the agreement but made it clear their attacks on Israel would continue. Senior Houthi leader Mohammed Ali al-Houthi said after the announcement that the agreement was “a victory that separates US support for the temporary entity (Israel) and a failure for Netanyahu.”

On Wednesday, Netanyahu said, “Israel will defend itself by itself.” In the past, Israel has carried out joint strikes with the US against the Houthis, but two consecutive days of Israeli attacks on Yemen earlier this week were done alone. “If others join us—our American friends—all the better. If they don’t, we will still defend ourselves on our own,” he said in a video posted on social media.

Trump referred to the deal as capitulation from the Houthis on Tuesday but on Wednesday he said they had a “good outcome with the Houthis,” adding they had a “great capacity to withstand punishment” from repeated US strikes.

“You could say there’s a lot of bravery there,” Trump said at a swearing-in of his ambassador to China at the White House. “It was amazing what they took.”

He added that the US would “honor their (Houthis’) commitment” not to attack US warships or commercial vessels in the region.

Trump ‘thinks about America’s interests’

The US-Houthi truce sidelined the Israeli government, according to former US Middle East envoy Dennis Ross.

He noted that Netanyahu was left in the dark when the US began talks with Hamas in March and only found out about US nuclear talks with Iran when Trump made the announcement seated next to the prime minister in the Oval Office last month. The US-Houthi ceasefire is one more instance where Israel’s concerns were a tertiary consideration for the White House, if at all, he said.

“The Trump Administration thinks about America’s interests,” said Ross.

There has been no public criticism of the White House decision from Israeli officials. Netanyahu, who once openly criticized the Biden administration’s requests and policies, is one of Trump’s most vocal international supporters. Other members of the government have reserved their judgement as well, instead focusing on Israel’s resolve against the Houthis.

Defense Minister Israel Katz said in a statement on Thursday that “Israel must be able to defend itself by itself against any threat and any enemy. This has been true in the face of many past challenges, and it will remain true in the future.”

Trump designated the Houthi group as a Foreign Terrorist Organization in the final days of his first term as president. President Joe Biden revoked that designation early in his presidency in 2021, and Trump designated it again in January.

This post appeared first on cnn.com

If Skin Gourmet’s skincare products look good enough to eat, that’s because they are: all are made from locally sourced materials that are edible.

The Ghanaian company was founded in 2014 by Violet Amoabeng, and makes cleansers, scrubs, oils and butters. “No gimmicks, no toxins, no waste — just raw, edible Ghanaian goodness that helps people feel seen, valued, and connected to something meaningful,” she says.

For Amoabeng, “If you can’t eat it, why put it on your skin?” because “anything put on your skin, is absorbed into your body.”

The company’s palm kernel butter, made from locally sourced palm kernels, blended with cocoa and vanilla, is a skin and hair balm, won the Best Eco-Friendly Product category at the 2024 Ghana Beauty Awards.

However, its naturally smoky, chocolatey aroma, also makes it a popular cookery ingredient for local customers like Sorella Bakery, in Accra. Skin Gourmet even used it in a cake they gave to customers who bought their products.

“We created a palm kernel butter cake with passion fruit curd and lime buttercream,” says Amoabeng. “The smoky richness of the palm kernel paired perfectly with the bright citrus and tropical curd.”

Skin Gourmet’s hibiscus & tea sugar scrub is a colorful, sweet and tangy anti-oxidant, anti-inflammatory and acne treatment. Containing cane sugar, raw hibiscus powder, raw coconut oil, Ghanaian sea salt, tea tree essential oil and wild northern honey, it can also be added to drinks and food. Renowned chef and 2025 Time Earth Award recipient Selassie Atadika has been known to cook with the hibiscus powder and coconut oil, according to Amoabeng.

Tapping into Ghana’s resources

Amoabeng, who has an MBA in Business Administration from Shenandoah University, in the United States, came up with the concept for the company while looking for business ideas that could create jobs and boost economic growth in Ghana by using the country’s abundant natural resources.

After suffering from a sore lip and successfully treating it with shea butter, she tried to source more and was told by a local community that they eat shea butter. Inspired, she started Skin Gourmet in 2014, with only $45.

She now works with smallholder farmers and communities in Ghana to source raw materials for pre-processing. The products are then packaged in Accra, marketed, distributed, and sold in over 30 countries worldwide including Switzerland, Japan, Qatar, Turkey, Germany and France.

The global edible cosmetics market was estimated to be worth $266 million in 2023, according to Grand View Research — attracting shoppers who are “increasingly concerned about the ingredients they apply to their bodies and overall health.”

Global research firm Technavio projects that an expanding consumer base in Africa, particularly demanding natural ingredients and anti-aging products, will grow the continent’s beauty and personal care market by $8.18 billion between 2023 and 2028.

A growing number of African companies are producing skin care products specifically for African consumers, including Uncover, founded in 2020 in Kenya, which uses African ingredients such as baobab and rooibos leaf extract in its products.

Amoabeng now plans to expand her business and reach consumers around the world. She is guided by her faith in God and says that “everything we make starts with prayer and reflection because true innovation flows from Him. It’s not just about creating skincare — it’s about stewardship.”

This post appeared first on cnn.com

Cardinal Robert Francis Prevost of the United States has been elected the 267th pope and has stepped onto the balcony of St. Peter’s Basilica as the new leader of the world’s 1.4 billion Catholics.

He’s now known as Pope Leo XIV.

Prevost, 69, from Chicago, Illinois, is the first ever pope from the United States.

In his first words as pope, a visibly emotional Leo said to the crowd in St. Peter’s Square: “Peace be with you all.”

Addressing the crowd in St. Peter’s Square, Leo paid tribute to the late pontiff Francis, urging the crowd to remember his predecessor’s legacy before outlining his vision for the Catholic Church.

“We have to seek together to be a missionary church. A church that builds bridges and dialogue,” he said. Speaking in Italian to thousands of Catholic faithful, Leo called on people to “show our charity” to others “and be in dialog with love.”

Leo was chosen just two days after a group of 133 Cardinals gathered in conclave to select a new pontiff.

That timeline matches the previous two gatherings, suggesting that Prevost quickly impressed his peers during the secretive process.

Francis and Benedict XVI were both revealed in the evening of the conclave’s second day, while John Paul II, the longest-reigning pope of modern times, was selected on the third day in 1978.

‘An exceptional leader’

A leader with global experience, Prevost spent much of his career as a missionary in South America and most recently led a powerful Vatican office for bishop appointments. He is expected to build on Francis’ reforms.

Prevost worked for a decade in Trujillo, Peru, and was later appointed bishop of Chiclayo, another Peruvian city, where he served from 2014 to 2023. In 2015, he also received Peruvian citizenship.

The new pontiff is a member of the Augustinian religious order – which he also led for more than a decade as their prior general, which has given him leadership experience of leading an order spread across the world.

Considered a highly capable and accomplished leader, Prevost most recently led the powerful Vatican office for new bishop appointments, the Dicastery for Bishops, assessing candidates and making recommendations to the late pope. He also served as the president of the Pontifical Commission for Latin America.

While it is often said cardinal electors would always shy away from choosing a pope from the US, due to America’s outsized global political influence, Prevost’s long experience in Peru may have mitigated those fears among the electors.

Allen added that he is seen as an apt leader in Vatican circles because “he’s able to accomplish things without necessarily being authoritarian about the way he did things.”

“Prevost is somebody who is seen as an exceptional leader. From very young, he was appointed to leadership roles,” Allen said. “He’s seen as somebody who is calm and balanced, who is even-handed, and who is very clear on what he thinks needs to be done… but he’s not overly forceful in trying to make that happen.”

Prevost earned his bachelor’s in mathematics from Villanova University in Pennsylvania and went on receive his diploma in theology from the Catholic Theological Union of Chicago.

He was later sent to Rome to study canon law at the Pontifical Saint Thomas Aquinas University and was ordained as a priest in June 1982. Later in his career, he taught canon law in the seminary in Trujillo, Peru.

In an interview with Vatican News shortly after he became the leader of the Dicastery for Bishops, Prevost said: “I still consider myself a missionary. My vocation, like that of every Christian, is to be a missionary, to proclaim the Gospel wherever one is.”

Days of celebration

The coming days are for celebration; Leo’s name will be uttered in homilies and masses across the Catholic world, and will spark particularly joyous scenes in his home country. Adding to festivities, and to the new pope’s diary commitments, is the fact that 2025 is a jubilee year for the church – a special celebration announced by Pope John Paul II 25 years ago, which sees a busy schedule of Vatican-organized events.

But leading the largest Christian denomination through an unpredictable era will require difficult and consequential decisions. The new pope inherits a church whose image and ambitions were transformed by its predecessor; Francis pulled the priorities of the church away from social issues such as abortion, homosexuality, gender roles and contraception, advocating instead for the world’s poor, displaced and needy, and instilling a mission anchored in altruism.

Whether or not to continue that trajectory will be a defining choice for the new pontiff. Francis’ rejection of opulence and his softer tone on social issues was praised by some Western leaders, but there remains a faction in the church advocating for a stricter line on questions of sex, gender, marriage and migration.

Asked about the contributions of three women who were made members of the Dicastery for Bishops, Prevost told Vatican News: “I think their appointment is more than just a gesture on the part of the Pope to say that there are now women here, too. There is a real, genuine, and meaningful participation that they offer at our meetings when we discuss the dossiers of candidates.”

He must also choose carefully when to intervene on the world stage. Francis became increasingly political in the final years of his papacy, making the case for the rights of migrants, urging a ceasefire in the Israel-Hamas war, and suggesting – to the ire of Kyiv – that Ukraine should wave “the white flag” and make concessions to end Russia’s war in the country.

These ongoing conflicts, and the rise of populism and authoritarianism around the world, set a complicated context in which the new pope – himself an important figure in global diplomacy – will operate.

And he must deal with crises from within, too. Francis’ failure to bring a close to the years-long scandal of child sexual abuse in the church will also reverberate through his successor’s papacy. Though he spoke defensively about his record on the matter, and took some important steps to tackle systemic issues involving abuse, the previous pope was accused by survivors’ groups of failing to hold accountable bishops and cardinals accused of covering up abuse.

Previously addressing the responsibility of combating clerical abuse, Prevost told Vatican News: “There are places where good work has already been done for years and the rules are being put into practice. At the same time, I believe that there is still much to learn.”

Last year, Francis’ commission for child protection said in its first report that parts of the church are still failing to ensure that abuse is properly reported, and raised concerns about a “lack of transparency” in how the Vatican handled cases.

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The weather was bad along the front line as the hour approached. Heavy clouds and rain meant activity by the two warring parties was always likely to be on the lower side.

But as the clock approached midnight Wednesday, the time the Kremlin said its guns would fall silent for three days, the men at the National Guard monitoring center in eastern Ukraine had absolutely no faith in Russian President Vladimir Putin’s ceasefire.

“My answer is simple – we don’t believe him,” said Kir, a drone special unit commander, expressing a view shared by Ukrainian President Volodymyr Zelensky, who has repeatedly said he is only interested in an immediate 30-day pause in the fighting.

As nightfall approached Thursday, almost a full day into the Russian leader’s ceasefire, Ukrainian officials were reporting continued attacks across the front line.

Foreign Minister Andrii Sybiha said there had been more than 500 attacks on Ukrainian troop positions over the course of the day, along with at least 10 strikes by guided aerial bombs, one of which killed a 55-year-old woman and wounded her son in the northern Sumy region.

In the southern Kherson region, a 35-year-old woman was killed in a drone strike, officials said.

Working from a nondescript building in a location we were told not to disclose, Kir and his colleagues were looking out for Russian attacks. Monitors on the desks and on the walls showed more than 100 live feeds from surveillance drones, operating across almost half the front line.

About 60 cameras were trained on the Donetsk region alone. Mavic drones only tonight, Kir explained, because of the bad weather. Usually there would be even more feeds to look at.

A few minutes after midnight, the men were reporting Russian activity. Artillery fire near Pokrovsk. A Grad rocket fired near Toretsk, and another instance of artillery fire, this time near Sloviansk. Attacks were on the low side, Kir said, though his attention was drawn to very high surveillance drone activity by Russian forces.

He was clear about Putin’s true intentions. When the Russian leader called an earlier snap ceasefire over Easter – which Ukraine said it had “mirrored” – Russia took the opportunity to re-supply positions and move troops, Kir said.

And it had benefited them, he added: “They struck successfully after Easter, and we lost some positions.”

He said he expected further infantry moves during the latest ceasefire.

The National Guardsmen had other evidence they said proved the Kremlin has absolutely no interest in peace.

Surveillance feeds have been showing them for several weeks that Russia is moving significant numbers of troops and hardware into positions just a few dozen kilometers back from the front line.

“Remember Crimea?” Kir asked, referring to Russian’s invasion of the Ukrainian peninsula in 2014, which Moscow denied at first, before moving quickly to illegally annex the territory.

“They started with a lie. And they’re still lying.”

Svitlana Vlasova contributed to this report.

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