UPDATE 1-Trump says U.S. will talk to Britain after Iran seizes oil tanker

UPDATE 1-Trump says U.S. will talk to Britain after Iran seizes oil tankerU.S. President Donald Trump said on Friday he would talk to the United Kingdom after Iran's Revolutionary Guards said it had seized a British-flagged oil tanker in the Gulf. Trump made the comments to reporters outside the White House. The incident risks further inflaming tensions between Tehran and the West, which have been increasingly strained since the United States withdraw from a nuclear deal with Iran and imposed sanctions.



US STOCKS-Wall St moves lower on dampened hopes for hefty Fed cut

US STOCKS-Wall St moves lower on dampened hopes for hefty Fed cutWall Street's main indexes edged lower on Friday after a report that the Federal Reserve plans to cut interest rates by only a quarter-percentage point at the end of July. The benchmark S&P 500 erased earlier marginal gains after the Wall Street Journal report https://www.wsj.com/articles/fed-officials-signal-quarter-point-rate-cut-likely-at-july-meeting-11563559491.



Power station fires knock out service on hot day in Madison

Power station fires knock out service on hot day in MadisonFires at two transmission substations in Wisconsin's capital knocked out power to more than 11,000 customers on a sweltering day, shutting down government buildings, courtrooms and businesses and prompting police to call in additional staff. An explosion and fire at the Madison Gas and Electric main power center sent a plume of thick, black smoke over Madison's east side about 7:40 a.m. Friday. A second fire at a substation near the University of Wisconsin-Madison prompted the evacuation of Ogg and Smith Halls and the UW Safety Building.



The Latest: Evers activates National Guard in power outage

The Latest: Evers activates National Guard in power outageWisconsin's governor has declared a state of emergency in Madison and surrounding Dane County after fires at two transmission stations knocked out power to more than 11,000 customers. The declaration activates the National Guard to help local authorities in keeping people safe, as the area is experiencing extremely hot weather. Gov. Tony Evers says in a statement that he is grateful no one has been injured.



Seized British-flagged tanker in Gulf had turned off its tracker, ignored warnings - IRNA

Seized British-flagged tanker in Gulf had turned off its tracker, ignored warnings - IRNAThe British-flagged tanker seized by Iran's elite forces on Friday had turned off its tracker and ignored warnings from the Revolutionary Guards, Iran's state news agency IRNA quoted a military source as saying. "The tanker had turned off its tracker and ignored several warnings by the Guards before being captured," an unnamed military source told IRNA.







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