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🇺🇸 Former President Donald Trump announced plans to sign an executive order on May 12 aimed at reducing drug prices in the United States by 30-80%. The announcement was made through what he called his "most powerful" tweet. For more details, visit here.
🌟 Ethereum (ETH) has outperformed Bitcoin (BTC) over the past week. Investors are observing a notable trend as ETH gains momentum, showcasing its strength in the cryptocurrency market compared to BTC. This shift in performance has sparked interest among traders and analysts alike. For more details, visit here.
💥 Russia's stock market opened strongly this morning, with the Moscow Exchange Index (IMOEX) rising by 2.5%.
🌟🇺🇸 The latest version of the GENIUS Act on stablecoins proposes that Tether will come under U.S. jurisdiction, regardless of its registration location.
Tether continues to be a focal point in discussions about cryptocurrency regulation in the U.S.
USDT remains a significant player in the stablecoin market.
Tether continues to be a focal point in discussions about cryptocurrency regulation in the U.S.
USDT remains a significant player in the stablecoin market.
🇺🇸 The United States is aiming to accelerate the construction of nuclear power plants, according to the New York Times. This initiative reflects a growing emphasis on nuclear energy as a key component in the nation’s strategy to enhance energy security and address climate change. The move is part of a broader effort to diversify energy sources and reduce reliance on fossil fuels. For more details, visit NYT.
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🇺🇸🇪🇺 Senator Marco Rubio will visit Turkey from May 14 to 16 to attend an informal meeting of NATO foreign ministers, according to the State Department. Earlier, President Putin proposed direct negotiations between Russia and Ukraine on May 15.
🇺🇦 A meeting of NATO foreign ministers in Turkey has "coincidentally coincided" with potential negotiations regarding Ukraine, according to TASS.
🛢🇷🇺 Russian oil exports have increased despite low prices and freight rates, according to a report by Kommersant.
🌐 Google Cloud and Unicredit have announced a strategic partnership spanning ten years. This collaboration aims to enhance Unicredit's digital transformation initiatives and leverage Google Cloud's advanced technology solutions. The partnership is expected to drive innovation in financial services and improve customer experiences. For more details, visit their official announcement.
🌎 Shares of Asian pharmaceutical companies have plummeted following Trump's plans to reduce drug prices in the U.S., according to BBG.
🚀 Today, the new SEC chairman, Paul Atkins, will deliver a keynote speech on asset tokenization. This address is highly anticipated as it could shape the future of cryptocurrency regulation in the United States. Keep an eye on developments in this crucial area of the financial landscape.
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🏠 Housing prices in new developments continue to rise despite a significant drop in demand, according to recent reports. In major Russian cities, prices for new constructions have increased by over 12% over the past year. For more details, visit here.
🚨 The U.S. Treasury Secretary, Janet Yellen, will hold a briefing on negotiations with China at 3:00 PM EST (10:00 PM Moscow time), according to an official U.S. representative.