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Pakistan Prime Minister Nawaz Sharif: The reduction in gasoline prices will be funded by the oil tax collected by the government.

Pakistan Prime Minister Nawaz Sharif: Cut the price of gasoline by 80 rupees per liter to 458 rupees.

According to the New York Times: A second U.S. fighter jet, an A-10 attack aircraft, crashed near the Strait of Hormuz on Friday and the only pilot on board was safely rescued, U.S. officials said. Around the same time, an F-15 fighter jet was shot down over Iran.

The French Finance Minister said the move was aimed at ensuring that there would be no market manipulation in the context of continued rise in oil prices.

The French Finance Minister said that he has sent a letter to the European Commission requesting it to launch an investigation into the European refining industry.

The Senate confirmation hearing for the new Fed chairman nominee Warsh is reportedly scheduled to be held on April 16.

Russian warplanes launched an attack on Kramatorsk in eastern Ukraine, killing three people and injuring three others.

The White House proposes to cut NASA's budget by 23% in 2027 to support increased defense spending.

A U.S. judge refuses to reopen the investigation into Federal Reserve Chairman Jerome Powell.

The White House once again proposed to Congress to drastically cut NASA's scientific research funding by nearly half.

The United States urges its citizens to leave Lebanon as soon as possible while commercial flights are still available.

German Geoscience Research Center GFZ: A 5.93-magnitude earthquake occurred in the Hindu Kush region of Afghanistan.

The U.S. Embassy in Lebanon said Iran and its allied armed groups may be planning to target Lebanese universities.

[Fed Daley: The Fed should focus on the employment rate rather than the number of jobs] Fed Daley said that the economy does not need to create as many jobs as before to maintain the same proportion of population employment. In this environment, monthly hiring data no longer provide the most accurate reflection of the health of the labor market. The unemployment rate may be a better measure. "Rats and indicators such as the employment-to-population ratio, the unemployment rate, separation rates or hiring rates can capture changes in the size of the labor force and provide a clearer picture of the health of the labor market," she said.

Fed Daley: Zero or negative (employment) growth does not necessarily mean a weak economy.

Fed's Daley: Slowing labor force growth means slower job growth.

Iran reported that a U.S. F-16 fighter jet declared a state of emergency over Saudi Arabia.

Turkish Presidential Palace: Turkish President Erdogan said in a phone call with Russian President Vladimir Putin that Turkey is maintaining contact with all parties to prevent the situation in Iran from getting out of control further.

According to Nikkei: The Prime Minister of Japan seeks to discuss with Australia on strengthening the supply chain of rare earth elements and cooperating on safe navigation in the Strait of Hormuz.

According to Nikkei: Japanese Prime Minister Takaichi Sanae plans to visit Australia to discuss rare earth matters.