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In a bold and highly consequential move, U.S. President Donald Trump announced on Saturday that the United States had launched what he described as a “very successful” strike on three of Iran’s key nuclear enrichment sites. Declaring from the Oval Office, Trump claimed, “Iran’s key nuclear enrichment facilities have been completely and totally obliterated.” This…
In a striking critique of America’s fiscal outlook, billionaire investor and Citadel founder Ken Griffin issued a warning about the rising cost of insuring against a potential U.S. debt default. Speaking at the Forbes Iconoclast Summit on Thursday, Griffin described the current pricing of U.S. credit default swaps (CDS) as “unfathomable,” expressing disbelief that the…
Bitcoin managed to stay resilient above the $104,500 level on Thursday, brushing off intensifying concerns surrounding the U.S. national debt and new warnings from prominent voices in the tech and crypto sectors, including Coinbase CEO Brian Armstrong and Tesla chief Elon Musk. The leading cryptocurrency was trading at $104,749 early Thursday morning, marking a modest…
In a day filled with global market hesitation and cautious investor sentiment, key indices in both Europe and the US showed lackluster performance as traders digested two major developments: a fresh interest rate cut by the European Central Bank (ECB) and reports of a conversation between US President Donald Trump and Chinese leader Xi Jinping….
