๐บ๐ธ Former Fed Chair Jerome Powell says the Federal Reserve will not survive if officials are removed over policy disagreements.
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๐ฏ๐ต Japan's Strategic Oil Reserves Hit Record Low
Japan's strategic oil reserves fell to a record low, says Kpler. Crude imports dropped 66% in April amid the Strait of Hormuz blockade, per the Japanese Ministry of Economy.
Japan is drawing heavily from reserves and ranks third after China and India in reliance on Hormuz oil supplies.
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๐ฎ๐ท๐บ๐ธ Iran says "the release of our frozen funds is an absolute and non-negotiable demand" for any deal with US.
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Forwarded from POLITICS | FINANCE | WAR | GEOPOLITICS | NEWS
French President Emmanuel Macron:
The French Navy intercepted a new tanker under international sanctions yesterday morning, originating from Russia: the Tagor. Our determination is steadfast and unwavering.
This operation was carried out in the Atlantic, in international waters, with the support of several partners including the United Kingdom, in strict compliance with the law of the sea.
It is unacceptable for ships to circumvent international sanctions, violate the law of the sea, and fund the war that Russia has been waging against Ukraine for more than 4 years.
These vessels, which fail to adhere to the most basic rules of maritime navigation, also pose a threat to the environment and to everyone's safety.
Russian Embassy:
The captain of the Tagor tanker seized by France is a Russian.
@PoliticFinance
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A Google employee is accused of using internal company data to bet on Polymarket, allegedly earning around $1,200,000 with minimal risk by predicting future Google Search trends.
He tried to hide his tracks through mixers and exchangers, but the FBI linked his wallets to his real identity, and he now faces charges of fraud and money laundering.
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SPX: $7580
NASDAQ: $26972
DXY: $99
Gold: $4536
Silver: $76
Bitcoin: $72115
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Forwarded from POLITICS | FINANCE | WAR | GEOPOLITICS | NEWS
Iran has reportedly suspended direct message exchanges with the U.S., blaming ongoing Israeli military operations and accusing Washington of backing regional escalation.
๐ฎ๐ฑ Israel has intensified strikes on Hezbollah-linked targets in Lebanon, with renewed attacks around Beirut's southern suburbs drawing strong reactions from Tehran.
๐ฎ๐ท Iranian officials say diplomacy cannot move forward while Israeli operations continue, warning that trust in negotiations has been severely damaged.
โ ๏ธ Tensions across the Middle East continue to rise as military actions, ceasefire disputes, and diplomatic breakdowns increase fears of a wider regional conflict.
@PoliticFinance
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Stock market reaches "most expensive" valuation ever โ surpassing dot com bubble.
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Brent crude oil surges 5% back above $100 after Iran ends negotiations with the US and vows to block the Strait of Hormuz.
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Canadian hotel group Blue Diamond shutting Cuba operations.
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Pavel Durov announces rebranding of Telegram TON coin to GRAM.
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๐บ๐ธ๐ฎ๐ท Odds of US and Iran reaching a permanent peace deal this month collapse to 23%.
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Anthropic just confidentially filed an S-1 with the SEC, indicating its plans to go public through an IPO.
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Forwarded from POLITICS | FINANCE | WAR | GEOPOLITICS | NEWS
๐บ๐ธ President Trump says he spoke with Israeli Prime Minister Netanyahu and there will be โno troops going to Beirut.โ
He also says the US spoke with Hezbollah and they agreed that โall shooting will stopโ and โIsrael will not attack them.โ
@PoliticFinance๐ฅป
He also says the US spoke with Hezbollah and they agreed that โall shooting will stopโ and โIsrael will not attack them.โ
@PoliticFinance
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๐ฐ๐ท South Korea reports inflation of 3.1%, the highest in over two years.
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Nvidia CEO Jensen Huang says Marvell is โthe next trillion-dollar companyโ as AI data center networking demand accelerates.
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Japanese bond and currency face collapse as concerns over Takaichi's lack of fiscal discipline mount.
Japan spent $73 billion on the forex market to defend the yen from the 160 per dollar level. The 4th intervention in as many years failed to bring lasting relief, the yen subsequently fell back to the pre-intervention level.
Japanese 30-year bond yield has been on a tear, hitting an all time high of 4% in May 2026.
Japan has a high net debt to GDP ratio of ~130%. Prime Minister Takaichi is looking to add even more debt to fund several ambitious programs: remilitarization, investment into semiconductor manufacturing, populist welfare...
Japan holds $1.24 trillion in US Treasuries, the largest foreign holding in the world. A potential crisis in Japan could trigger a selloff and bring turmoil to the US financial system.
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Exxon says oil prices will rise to $150-160 in the coming weeks.
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๐ฆ๐ช Abu Dhabi temporarily freezes rent increases for residential, commercial, and industrial properties.
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The European Central Bank says gold has overtaken U.S. Treasuries as the world's largest reserve asset.
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