🚨 The proposed bill for "hellish sanctions" against Russia has stalled due to increasing resistance in the U.S. House of Representatives. It is likely to be frozen at least until the midterm elections in November, amid concerns that the legislation could strengthen Trump's power over tariffs and lead to further increases in oil prices. — BBG
⚠️🇪🇺🇷🇺 European Union representatives are set to hold a series of meetings in the coming weeks to discuss new sanctions against Russia — BBG. Among the proposed measures are restrictions on the issuance of tourist visas, stricter movement rules for Russian diplomats, and new limitations targeting Russia's "shadow fleet."
📉 After the earnings reports: Lululemon (LULU) experienced a significant drop of 20%, while Docusign (DOCU) saw a rise of 5%. Ambarella (AMBA) remained unchanged at 0%.
🇺🇸 Revolut has received conditional approval from the U.S. Office of the Comptroller of the Currency to establish a national bank in the United States, with plans to launch in 2027.
🚨🛢️🇺🇸 The diesel fuel market in the United States is facing a significant supply shortage, with retail prices reaching their highest levels since April, according to BBG.
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🚨 Japan's central bank and the U.S. Treasury are standing firm on current levels in the ongoing intervention in the yen.
🚀🇩🇪 Volkswagen shares have surged by 5% following the announcement of what has been termed the "restructuring of the century." Investors are reacting positively to the company's strategic plans aimed at enhancing its operational efficiency and market position. The ambitious initiative is expected to reshape the automotive giant's future. For more details, visit the link on restructuring plans.
💥✴️ The popular anonymous token ZEC, part of the ZCash project, which has its legal office just a block away from the CIA headquarters in the United States, is gaining even more popularity as its price surpasses $1000, marking an increase of 23%.
🇷🇺🇻🇳 On September 9, President Vladimir Putin will hold talks with Vietnamese President To Lam in Moscow.
💥✴️ The partnership between Chainlink and Bottomline will see over 600 banks connect to Chainlink's systems, resulting in an 8% increase.
🛢🇷🇺 Gazprom has increased its gas supplies to Central Asian countries by nearly 70% since the beginning of the year, according to Chairman Alexey Miller.
⚠️🇺🇦 Ukraine's Foreign Minister Kuleba affirmed that Kyiv will never compromise on its territory or sovereignty, stating he is fully aware of all Russian proposals made to Ukraine, which he deemed completely unacceptable. Meanwhile, Kremlin spokesman Peskov reiterated that Russia's stance on the terms for resolving the conflict with Ukraine, as stated by President Putin two years ago, remains unchanged. Additionally, Whitcoff and Kushner are traveling to Moscow and Kyiv.
⚠️🇮🇷🇮🇱 The Iranian Army has stated that striking Israel is "much easier" now than in the past. Reports from C14 indicate that Israel is preparing for a large-scale coordinated missile attack from Iran, as it observes signs that Iran may soon resume military actions.