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Tariff Tensions Rattle Wall Street Ahead of Earnings and Inflation Data

Wall Street futures dipped Monday morning as investors braced for a volatile week marked by fresh tariff threats and a flood of economic data. President Donald Trump’s announcement of a 30% tariff on imports from the European Union and Mexico , set to begin August 1, sent ripples through global markets. Major U.S. index futures— Dow, S&P 500, and Nasdaq —were all down roughly 0.3% in premarket trading. While the EU signaled a willingness to negotiate, the looming deadline has heightened uncertainty. Analysts suggest the market’s muted reaction reflects a growing belief that such threats are part of Trump’s negotiation strategy. This week’s economic calendar is packed, with June’s Consumer Price Index (CPI)  report due Tuesday, followed by wholesale inflation, retail sales, and industrial production data. These figures will be closely watched for signs of how tariffs may be influencing inflation and consumer behavior. Meanwhile, second-quarter earnings season kicks off , with ma...
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Whale Experts Investigate Stranded Pod in Orkney

 

Cetacean experts from across the UK have descended upon Orkney to conduct examinations and post-mortems on a stranded pod of 77 pilot whales. The pod washed ashore on Sunday beach last Wednesday, marking what experts believe to be the largest mass stranding in nearly a century. The team, including members from the Scottish Marine Animal Stranding Scheme (SMASS) and the UK Cetacean Stranding Investigation Programme (CSIP), aims to determine the cause of this tragic event.

The pod, which included male whales measuring up to seven meters (22 feet) long, as well as females, calves, and juveniles, presented a massive undertaking for the experts. Local farmers are on standby to assist with the removal of the carcasses. While some animals were still alive initially, the decision was made to euthanize them after rescue efforts proved challenging.

The investigations involve measuring each carcass and collecting samples of skin, blubber, and muscle. Due to the scale of the stranding, post-mortems will be carried out on some, but not all, of the animals. The site’s difficult accessibility has required the assistance of Sanday locals, who have been transporting experts using four-by-four vehicles. The emotional impact of witnessing so many animals lying on the beach has left the experts feeling helpless, yet they remain committed to understanding the tragedy that unfolded.

As the examinations continue, the scientific community hopes to gain insights into the factors contributing to this devastating event, shedding light on the challenges faced by marine life in our changing world. The Orkney strandings serve as a somber reminder of the delicate balance between human activity and the natural environment


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