1. The U.S. Federal Reserve has cut its key interest rate for the first time in over a decade.
  2. North Korea’s state-run media says the country’s leader Kim Jong Un oversaw the testing of a new type of large-caliber multiple launch guided rocket system.
  3. The U.S. military has invited countries to a meeting in Bahrain in a bid to form an international coalition for ensuring security in the Strait of Hormuz.