President Trump signed the 'Ending Improper Payments to Deceased People Act' into law
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๐ฌ๐ง UK Supreme Court rules 'oat milk' cannot be advertised as 'milk.'
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๐ About 45% of employers post โghost jobsโ, according to Forbes.
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๐ท๐บ Russia officially blocks Meta's WhatsApp and telegram messaging app nationwide.
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๐จ๐ณ China adds record-breaking 430 GW of wind and solar power capacity in 2025.
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โผ๏ธ Large US Bankruptcies Spike to Pandemic Levels
9 large US companies filed for bankruptcy last week.
The 3 week average now stands at 6, the highest since 2020. At least 18 firms with liabilities of $50M+ have gone bankrupt over the past 3 weeks.
Historically, only the post-2001 slowdown, the 2008 financial crisis, and the 2020 pandemic saw higher readings.
The peak this century was a 3 week average of 9 in 2009.
๐ฅซ t.iss.one/FinancialWorldUpdates
9 large US companies filed for bankruptcy last week.
The 3 week average now stands at 6, the highest since 2020. At least 18 firms with liabilities of $50M+ have gone bankrupt over the past 3 weeks.
Historically, only the post-2001 slowdown, the 2008 financial crisis, and the 2020 pandemic saw higher readings.
The peak this century was a 3 week average of 9 in 2009.
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Forwarded from Crypto | Bitcoin | Ethereum | Altcoin | News
Media is too big
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Telegram now lets you join multiple channels at once using Channel Folders.
A public folder with 8 highly informative channels is ready for you, covering politics, finance, crypto, and global news.
Just tap once to get instant access to all channels.
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Stay ahead. Stay informed.
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๐จ๐ณ๐ฎ๐ฑ China rejects any annexation of Palestinian territory, condemning Israeli settlement expansion and West Bank control measures.
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๐จ๐ณ Chinese listed companies distributed a record $50.5 billion in dividends before Lunar New Year.
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๐ฎ๐ฑ An Israeli civilian and an IDF reservist have been charged after they used classified military intelligence to place bets on the online prediction platform Polymarket.
The suspected Polymarket user ricosuave666 placed several bets in June 2025 with striking accuracy regarding Israeli military operations in Iran, wagering tens of thousands of dollars and making a profit of around $150,000.
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An internal Kremlin memo outlines a potential economic reset with the Trump administration, including a dramatic return to the US dollar settlement system if a Ukraine peace deal is reached.
The document proposes closer US-Russia cooperation in energy, aviation, nuclear power, and critical minerals, along with preferential terms for American companies reentering Russia.
It also suggests joint efforts to promote fossil fuels over green energy and compensate US firms for past losses.
It remains unclear whether the proposals have been formally presented to Washington.
๐ฅซ t.iss.one/FinancialWorldUpdates
The document proposes closer US-Russia cooperation in energy, aviation, nuclear power, and critical minerals, along with preferential terms for American companies reentering Russia.
It also suggests joint efforts to promote fossil fuels over green energy and compensate US firms for past losses.
It remains unclear whether the proposals have been formally presented to Washington.
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JUST IN: Apple's $APPL iPhone was the only smartphone to post sales growth in China in January.
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Silver crashes under $80, falling over 7% today.
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Gold falls below $4,900, dropping over 4% in 30 minutes.
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US equity markets extend their decline, with the Nasdaq 100 now down -1.5%.
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๐บ๐ธ U.S. Senator Tim Scott says digital asset innovation should stay in America and Congress is close to setting clear crypto rules with help from the SEC.
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๐บ๐ธ Fed will cut with two 25-basis-point cuts in June and September, per UBS.
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