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JUST IN: Massive U.S. airstrikes against military targets in Caracas, Venezuela.
Dozens of U.S. helicopters are flying above the Venezuelan capital city.
🥫 t.me/FinancialWorldUpdates
Dozens of U.S. helicopters are flying above the Venezuelan capital city.
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🇺🇸 US national debt reaches new all-time high of $38.5 trillion.
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🇺🇸 U.S. Dollar share of global foreign currency reserves have fallen to its lowest level this century.
🥫 t.me/FinancialWorldUpdates
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🇺🇸🇻🇪 President Trump says US oil companies will go into Venezuela, spend billions of dollars, fix the badly broken oil infrastructure, and start making money for the country.
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This is absolutely insane!
Venezuela currently has 303 billion barrels of crude oil reserves, which Trump says the US now controls.
Oil prices are trading at ~$57/barrel, making Venezuela's total reserves worth $17.3 TRILLION.
Even if the US sells this oil for HALF of the market rate, that's still $8.7 TRILLION.
In other words, in 12 hours, the US has gained control of oil reserves worth more than the entire GDP of ALL countries in the world, aside from the US and China.
That's 4 TIMES larger than the GDP of Japan.
Most people do not realize how much the world just changed.
Oil markets will react to this news for the first time on Sunday at 6 PM ET.
🥫 t.me/FinancialWorldUpdates
Venezuela currently has 303 billion barrels of crude oil reserves, which Trump says the US now controls.
Oil prices are trading at ~$57/barrel, making Venezuela's total reserves worth $17.3 TRILLION.
Even if the US sells this oil for HALF of the market rate, that's still $8.7 TRILLION.
In other words, in 12 hours, the US has gained control of oil reserves worth more than the entire GDP of ALL countries in the world, aside from the US and China.
That's 4 TIMES larger than the GDP of Japan.
Most people do not realize how much the world just changed.
Oil markets will react to this news for the first time on Sunday at 6 PM ET.
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JUST IN: 🇨🇳🇺🇸 China calls for the United States to release Nicolás Maduro.
🥫 t.me/FinancialWorldUpdates
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You spend the first 2 years trying to learn everything, and the next 3 years trying to forget it all so you can trade simply.
🥫 t.me/FinancialWorldUpdates
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🚨 Major economic events next week:
📅 Jan 5 (Monday)
📅 Jan 7 (Wednesday)
📅 Jan 8 (Thursday)
📅 Jan 9 (Friday)
🥫 t.me/FinancialWorldUpdates
• 8:30 PM IST: US ISM Manufacturing PMI (Dec)
• 11:30 AM IST: India Annual GDP Estimate
• 3:30 PM IST: Eurozone Inflation (CPI) Flash
• 6:45 PM IST: US ADP Private Payrolls
• 8:30 PM IST: US ISM Services PMI
• 7:00 PM IST: US Initial Jobless Claims
📅 Jan 9 (Friday)
• 7:00 PM IST: US Non-Farm Payrolls (NFP)
• 7:00 PM IST: US Unemployment Rate (Dec)
• China’s Inflation Data
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Forwarded from POLITICS | FINANCE | WAR | GEOPOLITICS | NEWS
President Nicolás Maduro was captured after a late-December deal to send him into exile in Turkey collapsed, according to NYT.
The proposal would have allowed him to leave Venezuela in exchange for oil-related concessions, but Maduro rejected it.
After the talks failed, Operation Absolute Resolve went ahead, resulting in his arrest and transfer to New York for trial.
@PoliticFinance
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Forwarded from POLITICS | FINANCE | WAR | GEOPOLITICS | NEWS
President Trump has sent a warning to the governments of Mexico, Cuba and Colombia that their countries could be next, per Axios.
@PoliticFinance
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Jeff Bezos' Blue Origin now accepts Ethereum for trips to space, per report.
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