Independent thinking for complex markets and current events
U.S. President Donald Trump threatened to sideline Exxon Mobil from Venezuela’s energy market, saying he didn’t like their response to his calls for oil companies to quickly reenter the South American country. “I didn’t like Exxon’s response. You know we have so many that want it. I’d probably be inclined to keep Exxon out,” Trump …
This claim isn’t accurate. Oil companies haven’t walked away, they’re still in talks, just pushing for guarantees: Trump promised Big Oil that US taxpayers would pay for infrastructure improvements to plunder Venezuelan oil: https://www.americanprogress.org/press/statement-trumps-meeting-with-oil-executives-shows-venezuela-invasion-was-about-corporate-plunder-at-taxpayer-expense/ ” STATEMENT: Trump’s Meeting With Oil Executives Shows Venezuela Invasion Was About Corporate Plunder at Taxpayer Expense” “I think we have …
https://www.theverge.com/news/805387/warner-bros-sale-netflix-amazon-apple-interested Three of the rumored potential buyers for entertainment titan Warner Bros. Discovery are tech companies. Netflix, Amazon, and Apple are all interested in buying Warner Bros. Discovery as a whole or acquiring pieces of the company, like its content libraries and production assets, according to Bloomberg. Earlier this week, Warner Bros. Discovery announced it …
NEW: Donald Trump tells ABC News that he’s not particularly interested in talking to Elon Musk, calling him “a man who has lost his mind.” pic.twitter.com/AJfzbcoR0b — Republicans against Trump (@RpsAgainstTrump) June 6, 2025
View post on imgur.com The Bank of Korea has made its stance clear—Bitcoin has no place in its foreign exchange reserves. Citing concerns over extreme price swings, the central bank dismissed the idea outright, stating that the cryptocurrency simply does not meet the International Monetary Fund’s standards for reserve assets. This decision is not just …
Chinese officials and automakers are eyeing German factories slated for closure and are particularly interested in Volkswagen’s sites. Buying a factory would allow China to build influence in Germany’s prized auto industry, home to some of the oldest and most prestigious car brands. Chinese companies have invested across a range of industries in Germany, Europe’s …
https://twitter.com/Jessica_4_Trump/status/1856082977672802588
by CaspeanSea Hey folks. Among my friend group I’m known as the investor/trader guy. They’ve always known this and one or two of them would occasionally approach me to discuss investing or trading. This would happen maybe once every 5 or 6 months. Over the last couple of weeks I had the most amount of …
Nordstrom Inc. has formed a special committee of independent directors to explore going private, the company said on Thursday — a move that arrives as clothing retailers struggle with subdued demand and pressure from investors for stronger profits. The department-store chain JWN said its board formed the committee after members of the company’s founding family …
From 2014: WikiLeaks documents show that Israel was interested in empowering Hamas in attempt to end the first Intifada – Hamas "serves as a useful counter-force" Link: https://t.co/RKwzIzU6nn pic.twitter.com/dtzQllnuhM — WikiLeaks (@wikileaks) October 17, 2023 'WikiLeaks cable from US Embassy in Tel Aviv says Israeli officials told US in 2008 they wanted Gaza's economy 'functioning …
BRICS Expansion: Who’s in the Lineup? One of the world’s newest economic alliances is gaining momentum as BRICS – comprised of original members Brazil, Russia, India, China and South Africa – boast of a potential 40 countries that are looking to join the conglomerate. With just their original members, BRICS already represents 41.5% of the …
The Interbank Debt Market: A Warning Sign For The Stock Market’s Future The cash that is currently flowing into the reverse repo market will flow into some of those Treasurys, but the problem is that market is an overnight program. Treasurys are longer denominated instruments. Liquidity is going to flow out of the system at …