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Trump Warns "A Whole Civilization Will Die Tonight"; State-Linked Media Says 'All Diplomatic Comms With US Suspended'
Trump Warns "A Whole Civilization Will Die Tonight"; State-Linked Media Says 'All Diplomatic Comms With US Suspended'
Summary:
Kharg Island heavily bombed in preparation for potential US Marine/Special Forces ground siezure.
Israel has begun attacking Iran's railway infrastructure, telling civilians to not take trains, cancelations across country.
IRGC still defiant - announces new retaliatory attacks on petrochemical plants in eastern Saudi Arabia.
Iran's 10-point counter to the US 15-point ceasefire shows signs of willingness to compromise ('reparations' from US dropped as a demand). Vance says war will end "very shortly". Tehran Times: All communications with...
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This morning we found out that Euro-area business activity shrank less than anticipated in June (Services up/beat, Manufacturing down/miss).
S&P Global’s Composite PMI rose to 49.5 from 48.5, topping estimates but remaining below the 50 mark that indicates growth.
"The eurozone economy is showing enough resilience to just about stay out of recession. "
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"A disappointing June ‘flash’ PMI...
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Less than two weeks after Boeing slashed its commercial aircraft delivery outlook, which sent shares tumbling, a report on Monday afternoon says the 737 planemaker is preparing to cut thousands of jobs.CNBC cites Stephanie Pope, head of the commercial aircraft unit, who told employees in a memo today that Boeing will reduce its commercial airplane workforce size by 5%. She said the move comes as production ramp-ups for popular jets are moving more slowly than previously anticipated."Adjusting...
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