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BREAKING: 🇮🇹 Italy;s inflation reaches 9%, the highest ever recorded.

@FinancialWorldUpdates

BREAKING: 🇪🇺 Eurozone inflation reaches 9.1%, the highest ever recorded.

@FinancialWorldUpdates

Two weeks ago:

Citigroup warned that the United Kingdom could see almost 20% inflation by January.

Today:

Goldman Sachs is warning UK inflation could top 22% next year.

In early 2022:

The Bank of England said the UK’s largest banks are no longer “too big to fail.”

@FinancialWorldUpdates

😳 Amsterdam ATM withdrawal today

@FinancialWorldUpdates

The Japanese yen dropped to its lowest since 1998.

The yen has depreciated nearly 20% against gold this past year.

The Bank of Japan owns 63% of all locally listed ETF assets and half of the outstanding Japanese government bonds issued in the market.

How wild is that?

@FinancialWorldUpdates

BREAKING NEWS

POLAND’S TOP POLITICIAN SAID THAT THE GOVERNMENT WILL SEEK EQUIVALENT OF ;1.3 TRILLION IN WWII REPARATIONS FROM GERMANY

@FinancialWorldUpdates

Russia is considering a plan to buy as much as ;70 billion in yuan and other “friendly” currencies.

Why?

To slow the ruble’s surge.

Remember when the majority thought the temporary Ruble collapse was permanent?

Now… the world order is dramatically changing via bifurcation

@FinancialWorldUpdates

JP Morgan warned back in early July that Oil prices could rocket to ;380 a barrel if Russia slashes production

Yes, ;380

Now G7 finance chiefs are moving ahead to discuss a Russian oil price cap

They better be smart about this because if oil did shoot up to ;380…

Chaos.

@FinancialWorldUpdates

Russia;s Gazprom completely halts natural gas supply via Nord Stream 1, says ;oil leakage; detected during maintenance.

@FinancialWorldUpdates

Countries around the world are bracing for energy rationing for the first time since World War II

Do you think countries won’t take care of national interests?

Ask Japan

The countries biggest city gas supplier just signed a deal with a Russian firm

This is going to end bad

By the way… the company that Japan;s biggest city gas supplier signed a new long-term natural gas contract with recently offered revised contracts to Asian clients:

Asking them to pay in currency other than US dollars.

@FinancialWorldUpdates

THE IMF IS EXPLORING A CENTRAL BANK DIGITAL CURRENCY CLEARING AND INTERNATIONAL SETTLEMENTS PLATFORM

Last year an IMF official said a world with more than one reserve currency is a more stable world.

Everything is falling into place.

@FinancialWorldUpdates

EU energy chief is urging China and India to support a price cap on Russian oil

Somebody tell her who has been buying all the Russian oil the past 6 months

@FinancialWorldUpdates

FTX Will Pause Ethereum Trades for the ETH Merge

The first confirmation of zero downtime elicited mixed reactions from Ethereum developers, with many calling it a “disaster” and arguing that it was the FTX’s responsibility to maintain Ether (ETH) on all blockchains until the September upgrade was complete. FTX action of suspending Ether deposits and withdraws was to safeguard users from losing their assets during the high-risk fork. Ethereum developers designed the Merge for a smooth Proof-of-Stake (PoS) transition with zero downtime by considering the total terminal difficulty (TTD). This will ensure that the transition is based on the total mining power used to build up the blockchain.

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