⚠️🇺🇦 The Russian Defense Ministry reported that its air defense systems shot down 524 Ukrainian drones, five Neptune missiles, six JDAM bombs, and two HIMARS projectiles in a single day.
🚨 Most major holders of the TRUMP token, competing for spots at Trump's dinner, are foreigners, according to a report by Bloomberg. Critics of Trump frequently raise concerns about potential foreign influence through his TRUMP token.
⚠️🇮🇳🇵🇰 India has informed foreign envoys that it will take retaliatory measures if Pakistan responds to its strikes, according to RTRS.
🚨 Ford has announced a price increase for its vehicles in Mexico. The decision comes amid rising inflation and tariffs affecting the automotive industry in the United States. As companies navigate these economic challenges, consumers in Mexico will soon see higher costs for Ford's offerings. For more details, visit Ford's official site.
🌎 Goldman Sachs has raised its copper price forecasts for the second and third quarters to $9,330 and $8,620, up from $9,150 and $8,370 respectively. The firm anticipates that the market will shift to a deficit by 2026 and expects copper prices to surpass $10,500 by the fourth quarter of 2026.
💥✴️ Lista DAO and Trump's World Liberty Financial have announced a strategic partnership to expand DeFi possibilities on the BNB Chain. This collaboration aims to enhance the financial landscape and promote innovative solutions within the decentralized finance sector. The partnership is expected to leverage the strengths of both organizations to drive growth and adoption in the digital finance arena. For more details, visit the full announcement here.
⚠️🇺🇸 The US dollar may face a "tsunami" of $2.5 trillion in sales from Asian countries. Asian exporters and investors have reportedly accumulated a substantial amount of dollars over the years, increasing the region's trade surplus with the US. As the trade war intensifies, some Asian investors might repatriate their earnings, leading to a sell-off of dollars. — experts, BBG
🎢 Walt Disney is set to open its first theme park in the Middle East, located in Abu Dhabi, UAE.
📰 Journalists continue to press Dmitry Peskov, the spokesperson for the Kremlin, with tough questions and inquiries. The scrutiny reflects ongoing tensions and the demand for transparency in Russia's political landscape. As the media landscape evolves, figures like Peskov find themselves increasingly in the spotlight, facing persistent inquiries from reporters seeking clarity on various issues. For more details, visit this link.
🇺🇸 US Treasury Secretary Janet Yellen is set to speak again, reiterating familiar points. She will highlight that Trump's policies are yielding results and that deals are imminent, with positive updates on trade negotiations expected soon. Yellen will assert that the U.S. economy is performing well despite challenges with China, maintain a strong dollar policy, and dismiss recession fears, while acknowledging concerns about the national debt. Overall, she will project an optimistic outlook.
🇬🇧 Analysts from a Financial Times survey predict that the Bank of England will lower interest rates by 0.25% at its meeting on May 8.
🤖 OpenAI has acquired the AI startup Exafunction for $3 billion. This strategic move is expected to enhance OpenAI's capabilities in artificial intelligence development. The acquisition reflects OpenAI's commitment to expanding its technological portfolio and staying at the forefront of AI innovation.
🌍 US oil inventories have reported a decrease, with the EIA indicating crude stocks fell by 2.032 million barrels. This decline was greater than the expected drop of 1.7 million barrels and follows a previous reduction of 2.696 million barrels. For more details, visit the EIA report.