G7 to meet to discuss reopening Strait of Hormuz.
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πΊπΈ Fed is about to inject another $26.3B into the market starting next week.
Liquidity injections are scheduled across 3 consecutive weeks.
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π¨π³ Chinese holdings of US Treasuries have dropped to their lowest level since the 2008 Global Financial Crisis.
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π―π΅ MASSIVE CRASH
π¨ Β₯20,000,000,000,000 has been wiped out from Japanese stock market today.
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Financial World Updates
π―π΅ Japanβs stock market just lost over $95 BILLION in a single day.
πͺ t.me/FinancialWorldUpdates
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Forwarded from POLITICS | FINANCE | WAR | GEOPOLITICS | NEWS
π²πΉ Malta has purchased ChatGPT Plus for all residents.
The Minister of Economy stated that the country will not allow citizens to fall behind in the digital age.
@PoliticFinance
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β‘οΈ US proposed a temporary waiver on Iran oil sanctions, according to Iranian sources.
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India buying Russian oil irrespective of US sanctions waivers, Indian official says.
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β‘οΈ Iran starts Bitcoin-backed shipping insurance for the Hormuz Strait.
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πΊπΈ President Trump moves to withdraw his $10 billion lawsuit against the IRS.
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πΊπΈ Elon Musk:
πͺ t.me/FinancialWorldUpdates
10 years from now, probably 19% of all distance driven will be driven by the AI in a self-driving car. So, overwhelmingly, it will be quite a niche thing in 10 years to actually be driving your own car because the car will drive you.
I think there will also be humanoid robots that are pretty much everywhere.
I think it will be pretty cool because who wouldn't want their own personal C-3PO and R2-D2, but even better than that? I think everyone's going to want one, maybe two.
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π―π΅ Japan's 40-Year Yield hits 4.41%, the highest level in history.
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Berkshire Hathaway shares have lagged the S&P 500 since Warren Buffett stepped down as CEO in May this year, with the gap now at a record 44%.
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πΊπΈ OpenAI and CEO Sam Altman found not liable in Elon Musk lawsuit.
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Meta plans to cut 20% of its global workforce and shift 7,000 employees to AI initiatives as part of a major restructuring set for May 20, per Reuters.
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PlayStation is increasing the price of PlayStation Plus for new subscribers starting May 20.
1-month subscription: $10.99 USD (+$1)
3-month subscription: $27.99 USD (+$3)
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π―π΅ Japanβs economy grew by 0.5% in the first quarter of 2026, beating expectations and the strongest growth since 2024.
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Trump said the US may have to give Iran another hit and a decision on action is coming soon, adding the public will know very soon if another big hit is needed.
He also said the US will help Cuba and thinks a diplomatic deal can be reached, but he does not know about changing Cuba's regime.
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OpenAI co-founder Andrej Karpathy joins Anthropic.
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πΊπΈπ¨π³ US and China agree to launch "government-to-government dialogue on AI."
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