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Transatlantic Tensions Shake Global Markets After New Tariff Threats

                                                 The Pituffik Space Base (formerly Thule Air Base) in Greenland Global markets faltered as fresh tariff threats from U.S. President Donald Trump reignited fears of a renewed trade clash between Washington and key European partners. The announcement targeted several EU nations and immediately sent shockwaves through equities, currencies, and commodities. European stocks opened sharply lower, with export‑heavy sectors—particularly autos, luxury goods, and industrials—bearing the brunt of the selloff. Major multinational firms saw billions wiped from their market value within hours as investors braced for potential retaliatory measures from Brussels. The proposed tariffs, set to begin at 10% and potentially rise to 25% later in the year, stem from escalating geopolitical disagreements that have st...
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Tropical Storm Debby Brings Deluge and Flooding Threat to Southeastern United States

 

Tropical Storm Debby, which made landfall in Florida as a Category 1 hurricane, is now moving northeast over Georgia, posing a major threat of flooding and storm surges for the southeastern United States. As of now, at least five deaths have been confirmed, including a 13-year-old boy from Gainesville, Florida, a 19-year-old man from southern Georgia, and a 64-year-old truck driver from Mississippi.

The storm is expected to produce potentially historic rainfall totals of 10 to 20 inches, with maximum amounts of up to 30 inches in some areas. The National Hurricane Center has issued warnings of “catastrophic flooding” across eastern Georgia, the coastal plain of South Carolina, and southeast North Carolina.

More than 150,000 customers in Florida, Georgia, and South Carolina are currently without power due to Debby’s impact. Additionally, authorities in Georgia’s Chatham County are closely monitoring low-lying areas likely to flood.

Stay safe and informed as this slow-moving storm continues to affect the region! 


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