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Fraser Valley Floods Force Evacuations Amid Partial Highway Reopenings

                                                                             Flooding in Abbotsford as a result of an atmospheric river, December 2025 Heavy rainfall and overflowing rivers have displaced hundreds of residents in British Columbia’s Fraser Valley this week, as communities grapple with rising waters and disrupted transportation routes. Abbotsford and surrounding areas remain under a state of emergency, with evacuation orders and alerts issued for parts of Sumas Prairie and Clayburn Village. The flooding, driven in part by overflow from Washington’s Nooksack River, peaked on Thursday, December 11, 2025, inundating roads and farmland. While rainfall warnings have eased, officials caution that another atmospheric river is expected to arrive by Sund...
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Stock Market Update: Stocks Find Footing as Powell Chills Rate Cut Hopes



US stocks rose on Friday after a stellar month, as investors awaited Fed Chair Powell’s remarks on monetary policy. The S&P 500, the Dow Jones and the Nasdaq all gained around 0.5% or more.

Powell warned that it would be “premature” to conclude that the Fed was done with rate hikes or to speculate when rate cuts could begin. He said the Fed would be guided by data and not by market expectations. He also said inflation had cooled to its lowest levels since 2021.

Oil prices steadied after falling on Thursday, when OPEC+ agreed to cut output by 1.2 million barrels per day. However, investors remained skeptical about the effectiveness of the deal to balance the oil market and support prices. WTI crude traded around $76 a barrel, while Brent was below $83.


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