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Japans base money rate in June was -3.5% year-on-year, compared with -3.40% in the previous month.July 2, US President Trump said on the 1st that Israel has agreed to the necessary conditions for a 60-day ceasefire agreement with Hamas, and called on Hamas to accept the agreement. Trump posted on social media that the US and Israel held a long meeting on the situation in the Gaza Strip that day. Israel agreed to the necessary conditions for a 60-day ceasefire agreement, and Qatar and Egypt will submit the final text of the agreement. Trump said: "I hope Hamas can accept this agreement because the situation will not get better - it will only get worse." According to US media reports, Trump will meet with visiting Israeli Prime Minister Netanyahu at the White House on the 7th to discuss the situation in the Gaza Strip and the Iranian nuclear issue. This will be Netanyahus third visit to the United States since Trump returned to the White House in January this year.July 2, London spot gold prices rose 25.7% in the first half of 2025 (January 1 to June 30), the largest half-year increase since the second half of 2007. "International gold prices will remain in a volatile upward channel in the second half of the year." Bai Xue, senior deputy director of Fang Jinchengs research and development department, believes that the markets risk aversion demand will still exist in the second half of 2025, which will provide long-term support for gold prices. In addition, the global central banks willingness to allocate gold is still strong. As the credit risk of the US dollar intensifies, central banks of various countries will strengthen their gold reserve layout based on strategic security and asset allocation needs.U.S. Treasury Secretary Benson: (When asked if he thinks Federal Reserve Chairman Powell will cut interest rates before the fall) I think they may act earlier than the fall, but they will definitely cut interest rates in September at the latest.U.S. Treasury Secretary Benson: Its "a little confusing" that tariffs didnt push the Fed to cut rates.

Desalination Plant in California Suffers Setback With Recommendation For Denial

Haiden Holmes

Apr 26, 2022 10:07

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The commission, which has the authority to reverse staff decisions but does so infrequently, is due to vote on the project on May 12.


Desalination, environmentalists argue, annihilates ocean life, consumes excessive amounts of money and energy, and will soon be rendered obsolete by water recycling.


Poseidon Water, the infrastructure subsidiary of Canada's Brookfield Asset Management, is proposing the desalination facility near Huntington Beach, just south of Los Angeles.


Poseidon has been attempting to secure approval for the project for more than two decades, spending an estimated $100 million in the process.


With the Western states of the United States suffering from a prolonged drought, officials appeared to be on the verge of approving the Huntington Beach facility. Last year, the business expressed sufficient confidence to discuss breaking ground on the $1.4 billion factory by the end of 2022.


Poseidon has operated a comparable facility in Carlsbad since 2015, although it was permitted locally prior to the state enacting regulations governing desalination plants.