🇪🇺🇨🇳 The European Union will not pivot its economic focus towards China, even if trade talks with the United States fail, according to Michal Baranowski, Poland's Deputy Minister of Economic Development and Technology, who chairs the EU Council. He made these comments in an interview with Euractiv.
🚀 Uber is exploring the potential of using stablecoins as a payment method, according to its CEO. The move could enhance the company's payment options, aligning with the growing trend of cryptocurrencies in everyday transactions. For more details, visit the official site.
🌟 The GENIUS Act, a bill concerning stablecoins, is likely to gain significant bipartisan support in the Senate, following Republicans' acceptance of numerous amendments proposed by Democrats. This was confirmed by Senator Ruben Gallego.
💰 In May, the volume of funds attracted to mutual investment funds (PIFs) reached a record high for the year. Money market funds emerged as the frontrunners, drawing investors with high yields. Anticipating a potential easing of the Bank of Russia's policy, investors are increasingly allocating funds to bond funds as well. However, market participants expect interest in riskier equity funds to rise only in the future. — Ъ
⚠️🇪🇺🇷🇺 French Foreign Minister Barrot expressed hope that the European Commission will present a new package of sanctions against Russia by the end of June.
⚠️✴️🇺🇸 One of Trump's advisors at World Liberty Financial has shorted the TRUMP token on the Hyperliquid platform, according to LookonChain monitoring. BBG reports a potential rift within Trump's crypto team as the TRUMP token approaches historic lows.
🚫 The SPB Exchange has announced that there will be no dividend payments for 2024. The decision comes ahead of the scheduled date of June 26. For more information, visit the official website.
🚨 Elon Musk has reversed his decision to donate $100 million to Republican campaigns and may support Democrats if necessary, according to NBC. Musk's future strategy suggests that while his collaboration with Trump has not yielded the desired results, there is hope for the future, particularly with U.S. Vice President JD Vance, experts say.
🇷🇺🇺🇦 Gazprom has filed a new lawsuit against Naftogaz of Ukraine in a Russian court, according to TASS.
🚀 A Chinese rocket has successfully launched another group of internet satellites, known as SatNet, into orbit. This marks another step in China's efforts to expand its presence in the satellite internet sector.
🇺🇸🇺🇸 Istanbul may host the first round of peace negotiations between Trump and Musk, according to sources.
⚠️🇺🇸 Experts say "something needs to be done" regarding TSLA. The ongoing situation has raised concerns among analysts and investors alike. Many are calling for proactive measures to address the challenges facing the electric vehicle manufacturer. As discussions intensify, stakeholders are closely monitoring developments. For more details, visit here.
⚠️🛢 An accelerated increase in oil production by OPEC+ could result in a larger surplus in the fourth quarter of 2025, according to HSBC.
⚠️🇺🇸 The White House is preparing for a "prolonged war" against Elon Musk, according to the New York Times. As tensions rise between the administration and the billionaire entrepreneur, officials are strategizing on how to address Musk's influence and actions. The situation remains dynamic, with potential implications for various sectors. Further developments are expected as both sides navigate this escalating conflict.