๐น๐ท Turkish Lira has been hitting a new all-time low for 27 consecutive weeks.
It has as now lost 99.99% of its value against USD since its all time high.
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๐บ๐ธ Bank of America appoints new executives to lead and scale its digital asset platforms, tokenization business and AI transformation.
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Forwarded from POLITICS | FINANCE | WAR | GEOPOLITICS | NEWS
๐ฎ๐ท Iraq and Syria signed a deal to restore a major oil pipeline, creating an alternative export route that bypasses the Strait of Hormuz.
@PoliticFinance
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US Marshals have arrested social media influencers Andrew and Tristan Tate in Miami.
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Meta is reportedly in talks to finalize a $10 billion agreement with Anthropic focused on artificial intelligence computing capabilities.
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The semiconductor sector has officially slipped into bear market status.
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Forwarded from POLITICS | FINANCE | WAR | GEOPOLITICS | NEWS
The moment Andrew Tate and Tristan Tate were arrested in Miami, Florida.
The UKโs Crown Prosecution Service has authorized further rape, sexual assault, trafficking, assault and pornography-related charges against Andrew and Tristan Tate involving four additional alleged victims.
The offences allegedly occurred between 2010 and 2017, and prosecutors will seek their extradition from the US over both the new charges and the original 21 counts.
@PoliticFinance
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FTX to distribute roughly $900 million to creditors in fifth wave of payouts.
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US National Debt
2011: $14.79T
2012: $16.06T
2013: $16.73T
2014: $17.82T
2015: $18.15T
2016: $19.57T
2017: $20.24T
2018: $21.51T
2019: $22.71T
2020: $26.94T
2021: $28.43T
2022: $30.93T
2023: $33.17T
2024: $35.46T
2025: $37.64Tโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
2026: $39.50T (currently)
That's an increase of 167% since 2011
๐ช @FinancialWorldUpdates
2011: $14.79T
2012: $16.06T
2013: $16.73T
2014: $17.82T
2015: $18.15T
2016: $19.57T
2017: $20.24T
2018: $21.51T
2019: $22.71T
2020: $26.94T
2021: $28.43T
2022: $30.93T
2023: $33.17T
2024: $35.46T
2025: $37.64Tโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
2026: $39.50T (currently)
That's an increase of 167% since 2011
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Forwarded from POLITICS | FINANCE | WAR | GEOPOLITICS | NEWS
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Tuesday
ADP Employment Change data
Wednesday
Tesla, $TSLA, Alphabet, $GOOGL, Report Earnings
Thursday
Initial Jobless Claims data
Intel, $INTC, Reports Earnings
Friday
July S&P Global Manufacturing PMI data
July New Home Sales data
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๐บ๐ธ Fed will inject $27.6 Billion into the market in 3 weeks.
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The Reserve Bank of India has stepped in to stop the collapse of the Rupee.
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South Koreaโs KOSPI is down 4.46%, extending its July decline to 23.13%.
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Asian markets have lost over $350 billion in value as the U.S. maintains its strike campaign against Iran for nine straight days.
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