In the bewildering labyrinth of economic forecasts, UBS Global Research emerges with a fresh take on the U.S. recession probability—down to 53% in July from a more daunting 60% just…
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World
Mexican Drug Lord ‘El Mayo’ Zambada Claims He Was Ambushed in Dramatic U.S. Arrest
by adminby adminIn a new twist to the unfolding saga of Mexican drug lord Ismael “El Mayo” Zambada, the notorious co-founder of the Sinaloa Cartel, he alleges that he was lured into…
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Currencies
Billions in Dollar and Euro Notes Flood Into Russia Despite Global Sanctions
by adminby adminIn an astonishing turn of events, the seemingly impregnable fortress of international sanctions has been breached, with Russia reportedly receiving a staggering $2.3 billion in dollar and euro banknotes since…
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Cryptocurrency
The Rollercoaster of Bitcoin: Dipping Below $60k After Weekend Shake-Up
by adminby adminOh, what a wild ride it’s been! Bitcoin, the crown jewel of cryptocurrency, took a nosedive on Monday, slipping below the $60,000 mark after a weekend sell-off that left many…
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Stock Markets
Asian Markets Surge, Inflation Data Looms Large; China Trails Behind
by adminby adminA Frenzy in the East: Markets Soar Amid Recession Hopes—But China Drags Its Feet In a whirlwind of financial fervor, most Asian stocks shot up on Monday, riding the crest…
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The yen, fragile as ever, found itself slipping against the dollar on a quiet Monday. After last week’s chaotic dance, where the markets spun and tumbled like they were trying…
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In a bold and rather unusual move, U.S. Defense Secretary Lloyd Austin has ordered the deployment of a guided missile submarine to the Middle East, the Pentagon announced on Sunday.…
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Stock Markets
Earnings Call Bombshell: Kawasaki Heavy Industries Hits Record Q1 Profits, Holds Steady on Annual Forecast
by adminby adminKawasaki Heavy Industries, Ltd. (KHI), the Japanese titan in manufacturing, just dropped a financial bombshell during its latest earnings call. Despite facing a whirlpool of challenges, Kawasaki smashed its Q1…
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World
Tragedy Strikes in Kampala: Death Toll Rises to 21 in Devastating Landslide at Uganda’s Garbage Dump
by adminby adminThe death toll has climbed to a grim 21 after a catastrophic landslide engulfed a vast garbage dump in Uganda’s bustling capital, Kampala. The disaster unfolded with horrifying speed late…
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Amid the ever-evolving landscape of cryptocurrency, Bitcoin (BTC) continues to capture the spotlight, drawing the interest of an increasing number of enthusiasts, seasoned investors, and institutions. Yet, despite this surge…