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Storm Floris Unleashes Chaos Across UK and Ireland

                                                          People were seeking shelter from the storm at Portstewart Storm Floris Grounds Flights and Cuts Power to Thousands Storm Floris has battered parts of the UK and Ireland with winds reaching up to 90mph, causing widespread disruption to transport and power infrastructure. The storm, one of the most severe of the 2024–25 season, has led to hundreds of flight cancellations, blocked roads, and left tens of thousands without electricity. Air Travel Disrupted More than 150 flights were cancelled across northern Scotland and Northern Ireland, with Aberdeen and Belfast City airports among the worst affected. Some flights, including easyJet and KLM services, were forced to turn back mid-air due to dangerous landing conditions. Rail and Road Chaos Scotland’s rail netwo...
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US Dollar Suffers Largest Weekly Drop Since November 2023 Amid Tariff Uncertainty

The US dollar experienced its largest weekly decline since November 2023, driven by growing concerns over tariff policies. The currency dropped as much as 0.8% against a basket of currencies on Friday, before closing the week down 1.8%. This volatility was sparked by President Donald Trump's recent comments suggesting a softer stance on tariffs against China.

During an interview with Fox News, Trump mentioned that his conversation with Chinese President Xi Jinping was friendly and expressed optimism about reaching a trade deal. This uncertainty around trade policy has kept equity markets on edge, with the S&P 500 index down 0.3%, the Dow Jones Industrial Average losing 0.3%, and the Nasdaq Composite shedding 0.5%.

Analysts warn that the dollar could rise again if US tariff and interest rate policies shift. However, for now, the market remains cautious as it navigates through the ongoing trade policy uncertainties.




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