⚠️🇪🇺🇺🇸 The European Union plans to impose tariffs on American goods worth €100 billion if negotiations fail, according to BBG.

🚨 JETLEND has reported a loss of 113.9 million rubles for the 2024 fiscal year according to its IFRS financial statements.

🚨 Bitwise CIO warns that the cryptocurrency market may face challenges this summer if the U.S. Congress delays on legislation. The potential lack of regulatory clarity could negatively impact the sector. For more details, visit here.

💥 Binance is set to list Maple Finance (SYRUP) and Kamino Finance (KMNO) on May 6. Users can look forward to new trading opportunities as these cryptocurrencies join the platform. For more details, visit the Binance official announcement.

🚗 Ferrari reported a 17% increase in net profit for the first quarter but warned of tariff risks. For more details, visit the full report here.

🇩🇪 Chancellor Olaf Scholz expressed surprise at the failure of the vote for the new chancellor. He stated that he did not anticipate such an outcome, emphasizing the importance of stability in the government during this critical time. Scholz's comments come amid ongoing political challenges in Germany, as parties navigate complex negotiations. The future direction of the government remains uncertain as discussions continue. For more details, visit here.

🇺🇸 Ford's CEO has announced that he anticipates tariffs will remain in effect for at least the next three years. This expectation is tied to the current political landscape, indicating that changes may not occur until after Trump's potential departure.

⚠️🇺🇸 Apollo now estimates the likelihood of a recession driven by tariffs at 90% in the next 12 months.

💥✴️ HAEDAL has announced the launch of a buyback program.

🚀 Binance CEO CZ believes that Bitcoin (BTC) could rise to between $500,000 and $1,000,000 in the current cycle. For more details, visit this link.

🚀 21Shares has launched the Cronos CRO ETP on Euronext in Paris and Amsterdam.

💥🇺🇸 Qatar Airways is set to purchase approximately 100 wide-body aircraft from Boeing, with an option to acquire an additional 100. This significant deal highlights the airline's commitment to expanding its fleet and enhancing its global operations.

📉 The United States reported a trade balance for March at -$140.5 billion, exceeding expectations of -$136.8 billion and up from the previous figure of -$123.2 billion.

🚨🇷🇺 T-Bank and T-Mobile have expanded their free service "Protect or Refund" by adding popular fraud scenarios, including extortion and fake investments. Clients are now safeguarded against 99% of key phone fraud schemes, potentially saving around 2.5 billion rubles annually for T ecosystem customers. T-Bank clients with T-Mobile SIM cards no longer face phone fraud issues, as stated by bank security head Alexey Baklanov. In cases of fraud, clients will receive their lost funds back. — RIA Novosti

📈 BofA Securities reported that their clients purchased U.S. stocks worth $4.5 billion last week, marking the second consecutive week of inflows.

🚀 Uber is set to acquire a controlling stake in Turkish delivery service Trendyol GO for $700 million. This strategic move aims to enhance Uber's presence in the growing e-commerce market in Turkey. For more details, visit here.

⚠️✴️🇺🇸 Democrats in the House of Representatives are boycotting hearings on cryptocurrency regulation amid rising tensions surrounding Trump's connections to crypto. As tensions escalate, Bitwise CIO warns that the cryptocurrency market could face significant challenges this summer if Congress fails to act on legislation. For more details, visit TB and here.

🚫✴️🇺🇸 Bessent opposes the launch of CBDC in the United States, stating that CBDC is a sign of weakness.

⚠️🇺🇸 US national debt is on an unstable trajectory, according to Bessent. The forecast suggests that the ceiling for US debt will be raised. For more information, visit here.

✨ The DeFi Development Corporation has acquired 82,404 SOL tokens for its balance.

⚠️🛢🇪🇺🇷🇺 The European Commission has proposed adding more individuals and over 100 vessels linked to Russia's shadow fleet in its 17th sanctions package against Moscow. The exemption from sanctions for the Sakhalin-2 oil and gas project will be extended until June next year due to its significance for Japan. — RTRS