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Situational awareness:

  • The EU will hit the U.S. with sanctions if a settlement isn’t reached in a long-running dispute over subsidies to Airbus and Boeing's recent win at the WTO, France’s finance minister said. (Bloomberg)
  • Turkey attacked Kurdish militia in northeast Syria, forcing tens of thousands of people to flee and killing at least dozens of people in a cross-border assault on U.S. allies. (Reuters)
  • Planned outages by PG&E had left more than 700,000 California households and businesses without electricity in an effort to prevent active power lines from sparking wildfires. (WSJ)