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Iranian government spokesman: The rise in commodity prices is due to the USs maritime plundering during the war.Mercedes-Benz CFO: We expect car sales to reach 1.7 million units in 2026.July 28th - ING analysts Warren Patterson and Ewa Manthey noted that gold prices rose on Monday as a sharp drop in oil prices eased inflation concerns and pressured the dollar and US Treasury yields. Mondays sharp decline in oil prices eased inflation concerns and the prospect of further monetary tightening. This move followed the pause in hostilities between the US and Iran. Lower oil prices also pressured the dollar and US Treasury yields, improving the outlook for non-interest-bearing assets ahead of this weeks Federal Reserve meeting. The market is currently focused on the Federal Reserve and upcoming US inflation data for further guidance on the interest rate outlook. If yields remain subdued, gold prices should continue to find support near current levels. However, any hawkish surprises from the Federal Reserve could limit further upside potential in the near term.On July 28, Foreign Ministry Spokesperson Lin Jian held a regular press conference. Lin Jian stated that four months have passed since the illegal entry of Japanese Self-Defense Force officer Akihiro Murata with a knife into the Chinese Embassy in Japan. Despite repeated strong representations from China, the Japanese side has repeatedly delayed the investigation and handling of the case, using various pretexts such as so-called "mental evaluation," and has failed to promptly and severely punish the perpetrator. China expresses its strong dissatisfaction with this. Lin Jian pointed out that serious incidents threatening the security of Chinese embassies and consulates in Japan have continued to occur from time to time. "We once again urge the Japanese side to thoroughly investigate and rectify the situation, reflect on its mistakes, delve into the root causes, and provide a responsible explanation to China and the international community," Lin Jian said.According to Al Jazeera, an Iranian government spokesman said Bushehr airport was shut down due to the US attack.

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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