📉💵NO END IN SIGHT FOR DOLLAR’S PLUNGE

61% of those surveyed in an elite Bank of America survey querying 164 asset managers with $386B under management expect the US dollar to continue to depreciate over the next 12 months – more than at any other time since May 2006.

The greenback has already dropped some 9% since the start of the year against other major currencies.

The BoA Global Fund Manager Survey also found that 53% of fund managers plan to cut holdings of US equities, with 73% convinced the idea of “US exceptionalism” has peaked, and 82% (a 30-year-high) expecting a global economic downturn.

A weak dollar can be both good and bad, with positives including a potential export boost, a better trade balance, a better environment for domestic manufacturing and higher overseas earnings. Negatives include inflation, higher commodity prices, and the risk of capital flight if confidence in the long-term stability of the dollar drops far enough over a long enough period of time.

Globally, a weaker dollar as a reserve currency could speed diversification of countries’ foreign exchange reserves away from the greenback.

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🗣Trump’s White House spox RIPS Biden’s plans to address Americans: ‘I thought his bed time was much earlier’

The former president is expected to make his first major public address since leaving office three months ago on Tuesday, discussing Social Security. The address is expected to start at 5:45 pm EST in Chicago.

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📹 NATO's mission is not to WAGE wars or FUND them - State Dept. Spokeswoman

"It is not to help with wars or to help fight them, or to fund them, or to make it a little bit better as the wars are going on," Tammy Bruce said at a press briefing.

🥴 She then immediately urged NATO members to increase their "defense" spending.

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🚨 UK prisons hit crisis level — only 1.1% of cells available

There are just 961 spaces available across England and Wales as of April 14 — a record low.

Officials may shorten sentences for violent offenders and curb short-term sentences to ease overcrowding, Sky News reports.

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🪖 US will slash troop numbers in Syria

The US plans to cut its nearly 2,000-strong military contingent in Syria in half in the coming weeks or months, Reuters reports.

In February, NBC reported that the Pentagon planned to withdraw US troops from Syria in 30, 60 or 90 days.

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🥴 Biden in his first public speech since leaving office: Social Security is not a "Ponzi scheme"

Biden in the same speech: "Those 300-year-old folk getting that Social Security, I want to meet them"

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💸 Trump tariffs will cost US chip equipment makers over $1 billion - reports

Representatives of US semiconductor equipment makers warned lawmakers that new tariffs could cost their companies more than $1 billion a year, Reuters reports.

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❗️ US launches tariff probe on rare earth metals imports

Donald Trump signed an executive order to initiate a Section 232 investigation to assess the national security risks posed by the United States' dependence on foreign rare earth metals.

In 2018, President Trump imposed 25% tariffs on steel and aluminum imports under the same section of the Trade Expansion Act.

The US relies heavily on imports of metals such as cobalt, gallium, germanium, and others, while countries like China and Russia have the largest reserves of these metals.

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UNICEF braces for a major budget cut in 2026 amid Trump's foreign aid freeze

According to the spokesperson, the UN children's agency has projected that its budget will shrink by at least 20% next year.

"Humanitarian and development organizations around the world, including many UN organizations, are in the midst of a global funding crisis. UNICEF has not been spared," said the UNICEF spokesperson.

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📹 Trump posts a clip of the Biden's speech

Speaking at the ACRD conference in Chicago on Social Security, the former president recalled his fourth grade in Scranton and referred to black kids as "colored kids".

"Every time he speaks, the Republicans get new voters," one of the netizens reacted.

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👋 UK may ditch US trade deal in favor of EU — reports

Keir Starmer could sign a deal with the EU on food and veterinary standards as early as next month, which could block US products, The Telegraph reports.

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💥 UK reports first ship attack off Yemen since January

Armed gunmen in small boats pursued a vessel for 2 hours, firing shots 185 km east of Aden, UKMTO reported.

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💸 Trump claims record income in tariffs

"The United States is taking in RECORD NUMBERS in Tariffs, with the cost of almost all products going down, including gasoline, groceries, and just about everything else," he wrote on Truth Social.

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✅DOGE goes FULL CHAINSAW: cancels $1.6B in fed contracts

More US government waste just got benched, as DOGE took a machete to 57 federal contracts, saving an estimated $1.5 billion in taxpayer money.

In one eyebrow-raiser, it shredded a $120,000 USDA contract deal for an “Indonesia environmental policy and law enforcement specialist.”

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👍 Even Democrats admit Trump is doing something right

“We can do better. Let’s exercise common sense and decency. I hope someone from the Democratic Party steps up,” ESPN host Stephen A. Smith told Fox News.

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💰The US reduced its demand for Ukraine to repay the aid provided following talks with Kiev, cutting the amount from $300 billion to $100 billion, Bloomberg reports.

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🚫Return to sender: Hong Kong CUTS OFF US mail in tit-for-tat over Trump tariffs

After Donald Trump scrapped the $800 duty-free limit for imports from Hong Kong, jacking up tariffs to as high as 120%, the city’s government fired back.

Hong Kong’s post-service halted package deliveries to and from the US starting April 27, sparing only letters and documents.

“The public in Hong Kong should be prepared to pay exorbitant and unreasonable fees due to the US’s unreasonable and bullying acts,” the government said in the statement.

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✍️US-Ukraine rare minerals deal could be signed this week

“We are very, very close,” US Treasury Secretary Scott Bessent told Bloomberg.

Ukraine made a counterproposal during a meeting in Washington over the weekend, and negotiations are still ongoing, the report said.

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🟠 No end in sight for dollar’s plunge

🟠 Trump tariffs will cost US chip equipment makers over $1 billion

🟠 UK may ditch US trade deal in favor of EU

🟠 US launches tariff probe on rare earth metals imports

🟠 WATCH: Trump posts a clip of the Biden's speech

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