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MASSIVE CRASH:
$1 TRILLION wiped out from US stocks.
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Netflix $NFLX raises subscription prices for the second time in a year
โข Ad-tier: $8.99
โข Standard: $19.99
โข Premium: $26.99
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Peter Schiff warns that using Bitcoin as a mortgage down payment puts lenders at serious risk, as a BTC crash could wipe out the collateral entirely.
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๐ฆ๐บ Woodside Energy has confirmed a production interruption at its Karratha Gas Plant, the third major Australian LNG facility impacted by Tropical Cyclone Narelle.
The outage at the North West Shelf project follows shutdowns at Chevronโs Gorgon and Wheatstone plants, further constraining global LNG supply amid strong Asian demand.
Woodside stated it has evacuated offshore personnel as a safety precaution; production is expected to resume once conditions allow.
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๐ฌ๐ง๐ฎ๐ท United Kingdom says Iran is holding the world economy "hostage."
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Vietnam launches wide criminal probe, arrests suspects over alleged ONUS ecosystem fraud and market manipulation involving VNDC, ONUS and HNG.
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London-based hedge fund Caxton Associates is down more than $1.3B in March. The fund run by Andrew Law dropped about 15% after betting on UK rate cuts and a rise in gold.
The Iran conflict flipped both trades. Gilt yields jumped to 2008 highs, while gold fell around 15% since the war began.
Even large funds get caught on the wrong side when the macro shifts fast.
So donโt stress over a -5% on a virtual prop account.
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๐ฆ๐น Austriaโs governing coalition announced plans today to ban social media access for children under 14.
The measure aims to protect minors from addictive algorithms and harmful online content. Draft legislation is expected by the end of June, with implementation targeted later in 2026.
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UBS halted withdrawals on a $469 million real estate fund for up to 3 years.
Translation: โSorry, we donโt have your money.โ
This is how it starts.
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