内容摘要：In response to an urgent question in the Commons, Treasury minister Darren Jones said there was "no need for an emergency intervention" and markets "continue to function in an orderly way".

In response to an urgent question in the Commons, Treasury minister Darren Jones said there was "no need for an emergency intervention" and markets "continue to function in an orderly way".

And a relatively small percentage of funding for primary and secondary schools - about 13% - comes from federal funds. The majority is made up from states and local groups.The agency also plays a prominent role in administering and overseeing the federal student loans used by millions of Americans to pay for higher education.

"As part of the Department of Education's final mission, the department today initiated a reduction in force impacting nearly 50% of the department's workforce," a statement from Education Secretary Linda McMahon said on Tuesday.She said the cuts would impact all divisions in the department and were made to "better serve students, parents, educators, and taxpayers".The agency had 4,133 employees when Trump was sworn into office, an announcement from the department states. It has the smallest staff of all the 15 US cabinet-level agencies.

After the cuts, 2,183 people would remain, which included several hundred who retired or accepted a buyout programme earlier this year, the agency said.The notice to employees said that all of those who are laid off would continue to receive their normal pay and benefits until 9 June, as well as a severance package or retirement pay based on how long they'd worked at the department.

"The Department of Education will continue to deliver on all statutory programs that fall under the agency's purview, including formula funding, student loans, Pell Grants, funding for special needs students, and competitive grantmaking," the email states.

Reports have suggested that Trump, for weeks, has considered signing an executive order impacting the Department of Education, though he has not yet done so.Russia and Ukraine have ramped up their attacks as US President Donald Trump attempts to bring them together to strike a ceasefire deal to end the more than three years of fighting.

Last month, Ukraine agreed to accept a US proposal for an initial 30-day ceasefire, following talks in Saudi Arabia, while Russia has still to make a decision.The attack on the northeastern city of Kharkiv came hours before French and British military chiefs arrived in Kyiv to discuss the the possibility of allied troops being deployed to Ukraine in the event of a ceasefire.

In March, allied countries met in the UK to discuss ending the war and defending Ukraine from Russia with a"There will be at some point a need for military capacity or reassurance, whenever peace is reached," the French Foreign Minister Jean-Noël Barrot, said on Friday.