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 1. U. S. Envoy WitKoff Heads to Moscow Amid Ceasefire Push President Trump special envoy Steve WitKoff is scheduled to visit Moscow this week in a high stakes diplomatic bid to secure a ceasefire  agreement from Russia by August 8. Trump has warned of secondary sanctions if no deal materializes. The Kremlin described the visit as "important and very useful", indicating openness to dialogue despite ongoing tensions over Ukraine. This marks one of the most assertive US engagement efforts in months to avert future escalation. Source :Reuters Thanks for reading! Stay updated with WorldNewsInfo  2. Global Markets Rally as Fed Rate Cut Bets Strengthen  Global equity markets rallied sharply on August 4 after a soft US jobs report fueled expectations of Federal Reserve rate cuts in September _a likelihood now priced above 85%. Asian Stocks lifted, Treasury yields sank, and the US dollar weakened. Despite inflation concerns and data credibility doubts, investor sentiment tur...