Visa drops 7%, Mastercard 6% after report says Amazon and Walmart may bypass credit cards with stablecoins

No paywall: https://finance.yahoo.com/news/60-billion-visa-mastercard-slump-184854735.html Paywall: https://www.bloomberg.com/news/articles/2025-06-13/a-60-billion-visa-mastercard-slump-seen-as-buying-opportunity ChatGPT highlights: Stock Drop: Visa fell 7.1% and Mastercard dropped 6.2% on Friday, wiping out over $60 billion in combined market value. Trigger: Wall Street Journal report said Amazon, Walmart, and others are exploring issuing stablecoins to …

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Telegram’s founder drops a bombshell. U.S. government pressures tech engineers to install backdoors—without telling their employers.

Telegram’s founder, Pavel Durov, has made a stunning claim. According to him, the U.S. government pressures tech engineers to install backdoors in software—without informing their employers. This revelation, shared in an interview, has ignited concerns about privacy, surveillance, and the …

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Dow drops 800 points

Stocks fell again on Monday as President Donald Trump ramped up his attacks on Federal Reserve Chair Jerome Powell, raising questions about the central bank’s independence, while traders received little signs of progress on global trade talks. The Dow Jones …

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Vietnam drops tariffs…

We import more from Vietnam than from the UK and France combined. This is great news for free trade- here is to more countries following suit. pic.twitter.com/Kxu3gqAGTM — The Investor (@ValueInvestor) April 2, 2025 Vietnam has announced significant reductions in …

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NATO drops Ukraine membership

NATO’s about-face on Ukraine’s membership is a quiet admission of failure. The war has drained Western coffers, exhausted public support, and exposed just how reckless the strategy was from the start. Rutte hinting at normalizing ties with Russia is just …

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