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A Google spokesperson said: (Regarding the Swedish courts ruling in the antitrust case) We disagree with the courts decision and will consider our legal options.July 1st - The World Gold Council released its "2026 Global Gold Market Mid-Year Outlook" today. Looking ahead to the second half of the year, the gold valuation framework indicates that gold will continue to serve as a barometer of the global macroeconomy, with three main possible scenarios. At current price levels, gold prices are largely in line with market consensus: the market expects the Federal Reserve to raise interest rates at least once in 2026, most likely in October; the Bank of England, the Bank of Japan, and the European Central Bank will all tighten policy; and US inflation is expected to peak in the second quarter, approaching 3.9%. If these conditions remain largely unchanged, gold prices may trade around $4,100/ounce this year, with a fluctuation range of approximately ±5%. If geopolitical or economic conditions deteriorate, or interest rate expectations shift, gold is expected to resume its upward trend; however, only sufficiently strong signals of a global economic slowdown could drive gold prices to break upwards. On the downside, a stronger dollar, larger-than-expected interest rate hikes, and a recovery in market risk appetite are the main obstacles to gold prices; if gold prices remain below $4,000/ounce, it could trigger further selling. However, based on historical performance, if gold prices fall by more than 10% from current levels, it could trigger "buy the dip" demand from long-term investors in multiple regions.White House National Economic Council Director Hassett: Raising interest rates would be a mistake.UK Maritime Trade Organization: A tanker reported that a small vessel approached it from its port aft side at a distance of 2 nautical miles. The crew is safe and the vessel is continuing its voyage.Ukrainian President Zelensky: I hope that during Irelands EU presidency, I can open up all areas of discussion in the negotiations for Ukraines accession to the EU.

Three Washington Substations Are Targeted, Leaving Thousands Without Power

Skylar Williams

Dec 26, 2022 14:40

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Thousands of homes in the vicinity of Tacoma, Washington, were without power due to the vandalism of three electrical substations, local officials said on Sunday, adding that it was unclear whether the Christmas Day events were related.


According to the Pierce County Sheriff's Office, robberies were reported at three substations belonging to Tacoma Public Utilities and Puget Sound Energy. According to the report, deputies discovered forced access into the fenced-in area, where equipment was damaged but nothing was stolen. There were around 14,000 consumers affected.


"Currently, deputies are conducting a preliminary inquiry. No suspects are currently in custody. Unknown are the reasons or whether this was a coordinated attack on the electrical grid "The department claimed in an online statement.


This month, a utility in North Carolina reported outages as a result of what local officials deemed to be premeditated shootings, which are currently under investigation by federal law enforcement.


NBC News and other local media have reported that the FBI is also probing gunfire fired near a power station in South Carolina and whether these two occurrences are linked.


This week, a catastrophic cold weather system raced over the nation, leaving more than 300,000 without power as a result of the winter storm.


Approximately 2,700 Tacoma Public Utilities customers in east Piece County were without power as of lunchtime on Sunday, approximately 45 miles (72 km) south of Seattle, according to a statement on Twitter by Tacoma Public Utilities.


"We are working as swiftly and safely as possible to restore electricity," the company stated, stressing that its substations "were attacked" early Sunday morning and that police were notified.


Puget Sound Energy representatives could not be reached immediately for comment.

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