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Dagestan Floods Kill Two, Displace Thousands After Dam Collapse

Dagestan: Floodwaters submerged roughly two thousand homes in the Caspian Sea coastal district of Derbent. The bodies of a woman and her daughter have been recovered, while several others remain missing.

According to Oman News Agency, the floods have…

Gold Prices Fall as Hopes for Interest Rate Cuts Fade

Muscat: Gold prices fell today, pressured by a stronger dollar and fading hopes for a Federal Reserve interest rate cut, as well as rising oil prices amid concerns about a prolonged US-Israel-Iran war and stronger-than-expected US jobs data. Spot gold…