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πΊπΈ PRESIDENT TRUMP JUST SAID
βWeβre gonna cut all trade with Spain. We don't want anything to do with Spain.β
http://t.me/FinancialWorldUpdates
βWeβre gonna cut all trade with Spain. We don't want anything to do with Spain.β
http://t.me/FinancialWorldUpdates
π15π5π5β€4π’3
Reports indicate that the Dubai International Airport suffers approximately one million dollars in economic losses for every minute it remains closed.
According to these assessments, a full 24-hour closure of the airport could result in a staggering daily loss of $1.44 billion.
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According to data from FRED and the World Bank, major national currencies have lost a significant share of their purchasing power over the past few years:
π―π΅ Japanese yen: β51%
πͺπΊ Euro: β74%
π¬π§ British pound: β76%
πΊπΈ U.S. dollar: β79%
π¨π³ Chinese yuan: β96%
Put simply:
if we take the purchasing power of currencies in 2000 as 100, then by 2025 it dropped to 49 for the yen, 26 for the euro, 24 for the pound, 21 for the dollar, and just 4 for the yuan.
The takeaway is clear:
long-term currency debasement isnβt a theory, itβs measurable data, and it keeps accelerating.
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The European Commission says βreadyβ to defend EU interests after President Donald Trump threatened to sever trade with Spain for refusing to allow US use of its bases to attack Iran
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Indian families face the prospect of an acute cooking gas shortage as the Iran crisis rumbles on.
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What do you think will be the biggest economic consequence of the Middle East conflict in 2026?
Anonymous Poll
48%
π’ Sustained higher oil and gas prices
26%
16%
10%
π―6β€3π₯1π1
OpenAI faces user revolt after Pentagon deal
Following Anthropicβs refusal to assist with surveillance, the Pentagon moved to OpenAI.
The decision was backed by Donald Trump.
Results:
ChatGPT deletions up 295%
1-star reviews up 775%
Claude downloads up 20Γ
Claude ranks #1 in the App Store
Sam Altman pledged adjustments to the deal.
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π Market Overview
πͺ t.me/FinancialWorldUpdates
SPX: $6816
NASDAQ: $22516
DXY: $98
Gold: $5181
Silver: $85
Bitcoin: $71322
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π¦πͺ All Emirates flights to and from Dubai remain suspended until 11:59pm on March 7th due to regional airspace closures.
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πΊπΈ US services PMI hits highest level since 2022
US ISM Services PMI came in at 56.1, well above the 53.5 forecast and the highest reading since 2022.
At the same time, the Prices Paid index dropped to 63, the lowest level in 11 months.
ISM PMI is based on surveys of purchasing managers. Readings above 50 signal expansion in economic activity.
Strong activity with cooling price pressure is the combination markets like to see.
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β‘οΈ Trump officially nominates Kevin Warsh as Fed Chair
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πΊπΈ Average US gas prices rise to $3.20 for the first time since September 2025.
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πΊπΈ Western Union has partnered with Crossmint to launch USDPT, its new stablecoin on #Solana.
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Gasoline soars to highest price since May 2024.
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β‘οΈ Iran hits large US oil tanker close to Kuwait.
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π¨π³ China orders its largest oil refiners to suspend diesel and gas exports as war in Iran escalates.
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β‘οΈ Iran says it is ready to abandon its nuclear program on condition that the U.S. presents a satisfactory alternative offer.
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