2025-03-24Niranjan Ghatule
This article covers President Donald Trump’s announcement of a 25% secondary tariff on any country that purchases oil or gas from Venezuela. The decision, set to take effect on April 2, 2025, is a response to what Trump describes as Venezuela’s hostile actions, including allegedly sending criminals and gang members into the U.S., particularly from the Tren de Aragua
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2025-03-24Ravi Mehta
This article analyzes the significant decline in U.S. household equity wealth, projected to drop by $3 trillion in Q1 2025, marking the largest loss since the 2022 bear market. It discusses how nearly one-third of 2024’s stock market gains have been erased, highlighting the impact on consumer spending, especially among the wealthiest 10% of Americans
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2025-03-24Ravi Mehta
Turkey has imposed a ban on short-selling stocks to stabilize its financial markets following significant volatility. The decision comes amid political unrest, particularly after the arrest of Istanbul Mayor Ekrem Imamoglu, which led to a sharp decline in the Borsa Istanbul index. The Capital Markets Board (CMB) has also eased regulations on share buybacks to support stock prices
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2025-03-23Ravi Mehta
This article covers the latest developments in China’s military, where senior generals, including Central Military Commission Vice President He Weidong, have been detained in a significant power shake-up.
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2025-03-22Niranjan Ghatule
China’s central bank has hit a record 73.6 million troy ounces of gold reserves, continuing its aggressive accumulation for the fourth consecutive month. With gold now making up 5.9% of China’s foreign exchange reserves, this trend reflects a broader global shift as central banks stockpile gold amid economic uncertainty, inflation concerns, and geopolitical tensions.
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2025-03-21Niranjan Ghatule
Nike's Q3 FY25 earnings report is out, and it's a disaster! With revenue down 9%, direct sales crashing 12%, and China sales plunging 17%, the stock has plummeted to 2015 levels. Gross margins are shrinking, and even increased marketing spend isn't helping. Investors are fleeing as Nike struggles with weak demand and poor execution.
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2025-03-21Niranjan Ghatule
In a shocking turn of events, MMA superstar Conor McGregor has announced his candidacy for the Presidency of Ireland. Known for his dominance in the UFC and his larger-than-life personality, McGregor is now stepping into the political ring, vowing to “Make Ireland Great Again.”
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2025-03-20Niranjan Ghatule
Russia has increased its gold reserves to a record $217.4 billion as of March 1, 2025, with gold now comprising 34.4% of its total foreign exchange reserves. This move aligns with Russia’s long-term strategy of reducing reliance on Western currencies amid geopolitical tensions and sanctions.
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2025-03-20Niranjan Ghatule
This article analyzes the latest data from the New York Federal Reserve, highlighting a sharp decline in business activity, worsening economic sentiment, and rising inflationary pressures. It delves into the significant drops in key indices, including business expectations, climate conditions, and future employment
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