Iran tightens control over Strait of Hormuz, ship approvals now reportedly handled by IRGC. Asia’s energy crisis is intensifying. Philippines has 45 days of fuel left.

BREAKING: Iran has “tightened control” over the Strait of Hormuz and is now demanding detailed crew, cargo, and voyage information from ships seeking safe passage. Details include: 1. Approvals for ships seeking to pass through the Strait of Hormuz are being handled by the IRGC 2. Tolls to pass through have hit $2 million, mainly …

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Asia’s deflation wave is real. China’s PPI down 3.6%. Japan softens. ASEAN flooded with cheap goods. The second phase has begun.

Asia’s deflation wave is no longer a theory. It’s a measurable shift. In June 2025, China’s producer price index dropped 3.6% year over year. That marks the sharpest contraction since July 2023 and extends the deflation streak to 33 consecutive months. The cost of production materials fell 4.4%. Mining prices collapsed 13.2%. Raw materials dropped …

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Dollar’s surge threatens Asia’s markets, mirroring 1980s Latin American crisis. S&P 500’s five-day decline mirrors 2022 and 1987 market crashes.

pic.twitter.com/BmgN8RzSM3 — Jack Krzewinski (@JackKrzewinski) January 2, 2025 "The relentless surge of the U.S. dollar is primed to cut a swath of carnage through Asia’s asset markets, leaving economic strain in its wake. The dollar wrecking ball similar wreaked havoc with Latam currencies in the 1980s… Historically, when the dollar flexes its muscle,… pic.twitter.com/y9Sc5afXM0 — …

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The founder of Chinese property developer Evergrande — who was once Asia’s second-richest person — is no longer a billionaire

Hui Ka Yan, the founder and chairman of embattled Chinese property developer Evergrande, was once Asia’s second-richest person worth $42 billion in 2017. But the tycoon has fallen far from his perch. Hui — who is now under police surveillance — recently lost his billionaire status after his fortune plunged 98% from its peak amid …

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