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ECONOMIC UPDATE—MARKET OVERVIEW

ECONOMIC UPDATE—MARKET OVERVIEW

As the old saying goes; “You can’t make this shit up.” But as we have detailed since Donald Trump won the race to the White House in 2024, with every passing day—from the Tariff War to the Israel War, to the Ukraine War to the Yemen War, to the Iran War—another day, another promise and another broken promise.

SPOTLIGHT: CRYPTO GOES MAINSTREAM

SPOTLIGHT: CRYPTO GOES MAINSTREAM

Crypto services company BitGo, stablecoin issuer Circle, and Ripple, a crypto payments business, have applied to be chartered as U.S. banks, the Financial Times reported.

AI RULES FOR THEE

AI RULES FOR THEE

Google is set to begin enforcing new rules that will likely demonetize a significant amount of content on its YouTube video platform created with AI tools.

Global Economy

SPOTLIGHT: BIGS GETTING BIGGER

SPOTLIGHT: BIGS GETTING BIGGER

Merck, the New Jersey drug giant, is paying $107 a share, or about $10 billion, to acquire Verona Pharma, a London company that makes a respiratory treatment that could bring $4 billion in annual sales in the next decade.

SPECIAL REPORT: TRUMP’S TARIFF WAR

SPECIAL REPORT: TRUMP’S TARIFF WAR

Last week, Donald Trump posted new take-it-or-leave it tariff letters to more than 14 countries on his social media platform and warned Mexico and the European Union that they were in line for a 30-percent blanket tariff if Trump was displeased with the outcome of current negotiations.

SPOTLIGHT: CHINA’S ECONOMIC UPS AND DOWNS

SPOTLIGHT: CHINA’S ECONOMIC UPS AND DOWNS

In June, the prices China’s factories charge for their products fell the most in two years as the U.S.-China trade war continues and domestic competitors are locked in a vicious price war to hold their shares of a shrinking market.

The Israel War

AUSTRALIA TAPS ZIONIST LOBBYIST TO CENSOR FREE SPEECH

AUSTRALIA TAPS ZIONIST LOBBYIST TO CENSOR FREE SPEECH

The Australian government raised concerns about free speech in the country after Prime Minister Anthony Albanese moved to crack down on what he sees as a surge of antisemitism by tapping a Zionist lobbyist as his Special Envoy to Combat Antisemitism. 

GAZA DEATH TOLL

GAZA DEATH TOLL

Israel has killed at least 58,386 Palestinians inside Gaza, and 139,077 have been wounded since the start of the genocide after the Hamas attack on 7 October 2023. At least 11,000 people are missing.

DEMEANED AS “TERROR GROUP,” UK POLICE ARREST CITIZENS FOR PROTESTING ISRAEL GENOCIDE

DEMEANED AS “TERROR GROUP,” UK POLICE ARREST CITIZENS FOR PROTESTING ISRAEL GENOCIDE

London’s Metropolitan Police arrested more than 70 people who took part in a protest on Saturday in support of the Palestine Action group, which was recently named a terrorist organization after its activists broke into a base in Oxfordshire, England, last month and damaged two Royal Air Force planes using red paint and clubs, according to a report.

Trends in AI

CHINA IS GAINING ON THE U.S. IN THE GLOBAL AI RACE

CHINA IS GAINING ON THE U.S. IN THE GLOBAL AI RACE

A growing number of businesses and universities in Africa, Asia, Europe, and the Middle East are adopting DeepSeek and other AI systems from Chinese developers and turning away from U.S. models, The Wall Street Journal reported.

MAJOR BANK FIELDS SQUADS OF “DIGITAL EMPLOYEES”

MAJOR BANK FIELDS SQUADS OF “DIGITAL EMPLOYEES”

The Bank of New York Mellon (BNY) has “hired” dozens of AI bots as “digital employees” who work alongside humans as colleagues, Leigh-Ann Russell, the bank’s CIO, told The Wall Street Journal.

Hi-Tech Science

ONE-STEP METHOD GROWS AN ALTERNATIVE TO PLASTIC

ONE-STEP METHOD GROWS AN ALTERNATIVE TO PLASTIC

Plastic’s drawbacks are well-documented: it’s made from crude oil, it’s troublesome to recycle, the rising tide of waste clogs our landfills, littering our waterways and endangering wildlife, and its microparticles make their way into our food, our bodies, and our brains.

The above are just a few of the many articles in the latest Trends Journal. CLICK HERE for the full edition.