The EU Council approved the European Commission's proposal to ban gas purchases from Russia from January 1, 2028
Many believe such move is a political suicide, what do you think?
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Many believe such move is a political suicide, what do you think?
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EU discusses Ukraine's accession without full voting rights in order to secure Hungary's consent. By overhauling their own system, it's now more difficult for countries to veto their decisions β Politico
They call themselves a DEMOCRACY, do I remember correctly?
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They call themselves a DEMOCRACY, do I remember correctly?
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THE MOST IMPORTANT EVENT OF THIS WEEK
On 24th October, US CPI data will be released despite the US government shutdown.
The expectations for US CPI is 3.1%, while the previous data came at 2.9%.
Why is this important?
As we know, the Fed decides its monetary policy based on inflation and unemployment.
The jobs market is already screwed and calling for more rate cuts.
Also, the FOMC meeting is happening next week, which means the Fed will be closely watching the CPI data.
If CPI comes lower than expected, expect a rate cut along with dovish Fed language.
If CPI comes higher than expected, the rate cut could still happen, but Fed language will be cautious.
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On 24th October, US CPI data will be released despite the US government shutdown.
The expectations for US CPI is 3.1%, while the previous data came at 2.9%.
Why is this important?
As we know, the Fed decides its monetary policy based on inflation and unemployment.
The jobs market is already screwed and calling for more rate cuts.
Also, the FOMC meeting is happening next week, which means the Fed will be closely watching the CPI data.
If CPI comes lower than expected, expect a rate cut along with dovish Fed language.
If CPI comes higher than expected, the rate cut could still happen, but Fed language will be cautious.
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A gas processing plant in Orenburg, Russia, is on fire
Ukrainian drones reportedly struck the facility yesterday. It remains unclear whether the blaze is a result of that attack, a new strike today, or an accidental malfunction at the plant.
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Ukrainian drones reportedly struck the facility yesterday. It remains unclear whether the blaze is a result of that attack, a new strike today, or an accidental malfunction at the plant.
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"Israeli ceasefire violations have killed 97 Palestinians and injured 230" β Al Jazeera
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BREAKING: Blackrock has deposited 12,000 $ETH worth $48.62 million to Coinbase.
Are they planning to sell?
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Are they planning to sell?
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BREAKING: Trump says the U.S. is ready to reduce China tariffs if Beijing takes reciprocal measures
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The US debt crisis is intensifying:
Total US debt reached a record $98.8 trillion in Q2 2025, equal to 324% of GDP.
Federal government debt rose to $35.6 trillion in Q2, but the most recent data shows it has reached $37.5 trillion, or 123% of GDP.
Nonfinancial corporate debt hit $21.9 trillion, representing 72% of GDP.
Financial corporate debt totaled $20.9 trillion, or 69% of GDP.
Household debt reached $20.5 trillion, corresponding to 67% of GDP.
America has never been this indebted.
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Total US debt reached a record $98.8 trillion in Q2 2025, equal to 324% of GDP.
Federal government debt rose to $35.6 trillion in Q2, but the most recent data shows it has reached $37.5 trillion, or 123% of GDP.
Nonfinancial corporate debt hit $21.9 trillion, representing 72% of GDP.
Financial corporate debt totaled $20.9 trillion, or 69% of GDP.
Household debt reached $20.5 trillion, corresponding to 67% of GDP.
America has never been this indebted.
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My IRS agent after finding out all my 100x PNL screenshots are fake
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BREAKING: Michael Saylor added another 168 BTC to his portfolio
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