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Greek Tanker Struck by Missile in Black Sea, Crew Emerges Unharmed

  A Greek‑flagged tanker sailing near the Russian port of Novorossiysk was struck by a missile but remained operational, and all 24 crew members were confirmed safe.   A Greek‑owned and Greek‑flagged tanker sustained material damage after being hit by a missile while sailing approximately 14 nautical miles off the Russian port of Novorossiysk in the Black Sea. According to authorities, the vessel—operated by Maran Gas Maritime—was not carrying cargo at the time of the strike and continued to navigate safely following the incident.  All 24 crew members on board, including ten Greek nationals, thirteen Filipinos, and one Romanian, were reported to be in good health. The impact caused damage to the starboard side of the ship, but no assistance or towing was required. The tanker remained fully operational, and no environmental pollution was reported.  Greek officials have condemned the attack as dangerous and unacceptable, noting that the incident occurred amid height...
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Wall Street Rallies on Landmark U.S.-Japan Trade Agreement

 


Wall Street Futures Surge Amid Trade Optimism

U.S. stock index futures climbed on Wednesday following the announcement of a sweeping trade deal between the United States and Japan. The agreement, unveiled by President Donald Trump, includes a mutual reduction in tariffs and a massive $550 billion investment pledge from Japan into American infrastructure, manufacturing, and energy sectors.

Key Highlights of the Deal

  • Tariff Reductions: Japanese auto tariffs cut from 27.5% to 15%; other goods from 25% to 15%.
  • Investment Commitment: Japan to invest $550 billion in U.S. industries.
  • Reciprocal Tariffs: A 15% levy on Japanese exports to the U.S. as part of a revenue-sharing framework.

Market Reaction

  • Dow Futures: Up 217 points (+0.5%).
  • S&P 500 Futures: Gained 0.4%, reaching a fresh record high.
  • Nasdaq Futures: Rose 0.2%, though tech stocks showed mixed momentum due to chip sector weakness.

Global Impact The deal sparked rallies across global markets, with Japan’s Nikkei 225 jumping 3.5% and European indices trending upward. Analysts view the agreement as a signal of easing trade tensions ahead of the August 1 tariff deadline.

Investor Focus Attention now turns to earnings reports from tech giants Tesla and Alphabet, which are expected to provide further market cues. Meanwhile, chipmakers like Texas Instruments faced pressure after issuing weak forecasts, highlighting ongoing tariff-related uncertainty.

What’s Next With speculation mounting over similar deals with the EU and China, investors are cautiously optimistic. However, lingering tariff concerns and inflation risks remain key factors shaping the market outlook.


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