🛢🇪🇺🇷🇺 European authorities express their commitment to completely cease purchases of Russian gas. American investor Lynch claims that if he acquires the Nord Stream 2, the pipeline will become operational.
⚠️🇪🇺🇺🇸🇷🇺 The EU may vote on new sanctions against Russia on June 20, provided that the United States agrees to coordinate positions on the matter, according to Politico.
⚠️🇹🇷 The Turkish lira has fallen below 2 rubles for the first time in history. This significant decline reflects ongoing economic challenges faced by Turkey, raising concerns among investors and economic analysts. The lira's depreciation continues to impact trade and financial stability in the region. For more details, visit source.
💰 In the United States, the issuance of junk bonds has reached a record high. In the first week of June alone, the volume of such bonds issued amounted to $8.6 billion, surpassing the total for the entire month of April. In May, companies issued $32 billion in junk bonds, as reported by JPMorgan.
🚗 On June 11, Xpeng will launch global sales of the G7 electric car, the first vehicle equipped with Level 3 artificial intelligence.
⚠️🇪🇺 NATO Secretary General Rutte is set to deliver a speech in London, emphasizing the need for a 400% increase in air and missile defense within the North Atlantic Alliance. — RTRS
🚀 Ripple has partnered with Web 3 Salon to bolster Japan's digital asset launch ecosystem on the XRP Ledger.
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🚀 Cathie Wood predicts that BTC will achieve a 15x increase over the next five years.
🇯🇵 The Japanese government is considering the buyback of certain ultra-long-term bonds issued in the past, according to RTRS.
🌎 Global sales of chips are projected to rise by 11.2% year-on-year in 2025, according to forecasts from the World Semiconductor Trade Statistics (WSTS).
💥🇨🇳 In May, China reported total passenger car sales of 1.96 million, reflecting a month-on-month increase of 10% and a year-on-year rise of 13.9%. Sales of new energy vehicles (NEV) reached 1.02 million, marking a 12% month-on-month increase and a 28.2% year-on-year growth. Tesla China sold 61,662 vehicles in May, according to CPCA data.
🚨 Some experts believe that the recent sell-off in Russian stocks following the Central Bank's rate cut is linked to the launch of the second round of auto-conversion of depositary receipts. The entire process is expected to take no more than one month, as stated in the Central Bank's announcement.
🌍 Nvidia's CEO predicts that artificial intelligence will become an essential infrastructure, similar to electricity. The statement highlights the transformative potential of AI in various sectors, emphasizing its role in future technological advancements. As AI continues to evolve, it is expected to reshape industries and improve efficiencies, underscoring the importance of integrating this technology into everyday life. For more insights, visit Nvidia.