🚨 The Trump administration is intensifying pressure on Elon Musk following their public dispute, urging Trump's allies to choose sides in the conflict, reports Rolling Stone. Meanwhile, NASA and Pentagon officials are exploring alternatives to SpaceX rockets and ships for transporting astronauts and cargo to the ISS, as well as launching military satellites, according to The Washington Post. Newsweek warns that terminating contracts with SpaceX due to the Trump-Musk feud could lead to reliance on Russia.
⚠️💎 Leading diamond producer in Africa, Debswana, is reducing production due to a decline in global demand for rough diamonds, according to SABC radio.
🇪🇺🇬🇱 French President Emmanuel Macron will visit Greenland on June 15 to discuss security issues in the Arctic.
🛸 The Pentagon has intentionally spread disinformation about UFOs for decades to conceal the existence of its secret military programs, according to the Wall Street Journal.
🚨 The United States faces potential disruption of trade ties due to new sanctions against Russia. Proposed 500% tariffs on nations purchasing Russian energy could isolate the U.S. from major global economies, including European allies. India and China are responsible for about 70% of Russian energy exports. Meanwhile, the Trump administration has reportedly requested Senator Graham to reconsider the sanctions proposal. For more information, visit Politico and WSJ.
🇺🇸 Meta plans to invest over $10 billion in AI startup Scale AI. The deal will represent Meta's largest investment in an AI project to date. This move comes as Meta faces challenges, having been designated as an extremist organization and banned in Russia. For more information, visit Bloomberg.
🇺🇸🇰🇭 Cambodia and the United States have agreed on key provisions of a mutual trade agreement, according to Khmer Times. This development aims to strengthen economic ties between the two nations. The agreement is expected to enhance trade opportunities and foster collaboration in various sectors. Further details on the implications of this agreement are anticipated as both countries continue to formalize the terms.
🌍 Elon Musk's father has arrived in Russia to participate in the "Future Forum 2050," which focuses on Mars exploration and increasing birth rates.
🚨 Elon Musk has tweeted that the most likely outcome is the most amusing one. His comments come amid ongoing discussions surrounding political dynamics in the U.S. as figures like Donald Trump remain central to the narrative. Musk's insights continue to generate attention and speculation among his followers and the public alike. For more details, visit here.
🚀 BTC is poised for growth as renowned trader James Wynn, a whale currently under close observation, has opened a short position. For more details, check the monitoring.
📞 Representatives of Trump and Musk held a phone call on June 6, after which both suspended their exchange of sharp remarks on social media, according to Politico.
🚗 Renault plans to manufacture drones in Ukraine, according to France Info. Meanwhile, Rheinmetall previously reported that it will complete a shell production plant in Ukraine by 2026.
🎉 Key events this week include significant trade talks between the US and China in London on June 9, alongside economic reports from Japan, China, and the US. On June 10, the Eurozone's Sentix Investor Confidence will be released, followed by US oil market forecasts. June 11 features US CPI data and federal budget statistics. Notable announcements continue on June 12 with the UK's GDP and US jobless claims. On June 14, Trump will host a military parade, potentially meeting Musk. The G7 summit begins on June 15. Major token unlocks are expected this week - learn more.
🚨🇺🇸 California Governor Gavin Newsom, a vocal critic of Donald Trump, accused the former president of deploying the National Guard to Los Angeles to incite a crisis. Newsom claimed Trump seeks chaos to justify increased repression and control. Previously, he labeled Trump as unhinged for sending the Guard to quell unrest amid protests against illegal immigration deportations. Additionally, CNN reported that the White House plans to significantly reduce federal funding for California, the largest market in the U.S. for Tesla.