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London is experiencing a series of heatwaves, totaling up to five instances, affecting the soil and causing drought, which threatens the value of properties in the city and could potentially lead to a decline. Meanwhile, pressure continues to mount on the U.S. Federal Reserve Chairman ahead of his upcoming speech, amid growing concerns over the widening wage gap in the United States, where millions of workers earn less than the legal minimum. Additionally, gold prices in the UAE reached a record high of 558 dirhams per gram for 24-karat gold, while navigation levels in the Strait of Hormuz have fallen to their lowest in three months.
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