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Sectarian Clashes Threaten Syria’s Shaky Transition

Screenshot, VOA

Clashes between Bedouin tribes, government forces, and Druze militias have left nearly 250 people dead, once again raising fears of a breakdown in Syria’s fragile postwar order.

Violence erupted over the weekend when fighting broke out between Druze militias and Bedouin armed groups in the Suweida region, a heartland of the Druze minority. Syrian government troops were deployed on Monday to restore order but ended up engaging in clashes with the Druze militias themselves, further escalating tensions.

The Druze, whose religion is an offshoot of Shia Islam with its own distinct identity and beliefs, have long been wary of interim President Ahmed al-Sharaa’s government despite his repeated pledges to protect minority communities.

Meanwhile, Israel announced it had struck Syria’s defence ministry in Damascus, saying the attack was aimed at pressuring the Islamist-led authorities and protecting the Druze population from government aggression.

Israeli Airstrikes Hit The Syrian Ministry Of Defense And A Site Near The Presidential Palace In Damascus, on July 16, 2025, Amid Escalating Clashes Between Regime Forces And Druze Militias In Sweida. Israel Reaffirmed Its Commitment To Protecting Syria's Druze Community Due To Historical And Familial Ties.(Photo by Rami Alsayed/NurPhoto via Getty Images)

According to the UK-based Syrian Observatory for Human Rights (SOHR), nearly 250 people have been killed since the outbreak of violence. Observers warn that the renewed conflict risks unraveling months of fragile stability in the war-torn nation.

Related:
Rubio Says U.S. 'Very Concerned' Over Israeli Strikes In Syria—TIPP Staff, TIPP Insights

Israel Strikes Damascus Hard In Support Of The Druze—Dalal Saoud, UPI


French PM May Scrap Two Public Holidays To Alleviate Debt Crisis

French Prime Minister Francois Bayrou would like to cut two national holidays from the country’s annual allowance in a bid to increase productivity and reduce its crippling debt.

France has the largest deficit in the Euro area, running at -5.8% of GDP, well under the -3% rule required by the European Union.

Its debt increases by €5,000 a second and, if left unchecked, is on target to cost France €100 billion a year in interest costs alone by 2029.

Bayrou also wants a new tax on the highest earners, a freeze in pension and welfare payments and possibly a sell-off of France’s stakes in companies.

However, the premier’s plans may never see the light of day as he has no majority in parliament and could succumb to the same fate as his predecessor, Michel Barnier, and be forced out of office.

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TIPP Market Brief – July 17, 2025

Your Morning Snapshot

📊 Market Snapshot

Bigger Charts: $SPX | $TNX | $WTIC | $BTCUSD | $USD | $GOLD


Our pick for today’s featured stock

Bigger Chart: Unity Software Inc (U)

📰 News & Headlines

Why Unity Software Stock Soared on Wednesday—Rich Smith, The Motley Fool

Unity (U) Shares Skyrocket, What You Need To Know—Jabin Bastian, StockStory

⭐Recent Featured Stocks

TTM Technologies (TTMI) (7/16)
Tapestry, Inc (TPR) (7/15)
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Tencent Music Entertainment ADR (TME) (7/9)
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Blacksky Technology Inc (BKSY) (7/7)
Dave Inc (DAVE) (7/3)
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More here


🧠 Macro Insight

🟩 Futures Steady After Powell Drama and Beige Book Release
Markets hold flat following a volatile session sparked by reports Trump planned to fire Fed Chair Powell, later denied by the president.

🟨 Trump Says No Plans to Fire Powell—For Now
Trump rejects reports of Powell’s ouster but leaves the door open, while reiterating frustration over the Fed’s reluctance to cut rates amid tariff uncertainty.

🟦 Fed Beige Book Shows Activity Up, Outlook Clouded
Business activity improved in June and July, but firms remain cautious as tariffs drive cost pressures. Many expect consumer prices to accelerate later this summer.

🟥 Netflix Earnings on Deck, Big Names Reporting
Netflix headlines after-market earnings, with GE Aerospace, PepsiCo, and Cintas set to report earlier. Analysts expect strong streaming results but warn of high expectations.

🟧 TSMC Profit Surges on AI Boom
TSMC posts record Q2 earnings, with net income up 60.7% on robust AI-driven demand for advanced chips, though trade-related uncertainty clouds the outlook.


📅 Key Events Today

🟦 Thursday, July 17
08:30 – Core Retail Sales (MoM) (Jun)
Excludes autos; reflects underlying consumer spending trends.
08:30 – Initial Jobless Claims
Weekly read on new unemployment claims; tracks labor market strength.
08:30 – Philadelphia Fed Manufacturing Index (Jul)
Regional snapshot of factory activity in the Mid-Atlantic.
08:30 – Retail Sales (MoM) (Jun)
Headline retail spending figure; key gauge of consumer demand.


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