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Topic: Politics (3216)

Crypto Slump Deepens as Macro Headwinds Offset Trump Push Δ1.59

Cryptocurrency prices have continued their downward trend due to escalating tariff war tensions and diminishing prospects of further Federal Reserve rate cuts, outweighing the pro-crypto announcements from President Donald Trump last week. The uncertainty surrounding these economic factors has led to a decrease in investor confidence, with Bitcoin falling as much as 3.7% early on Monday. Despite recent developments that have given investors a more bullish outlook, macroeconomic headwinds are still dominating the crypto market.

Farmers Put Plans, Investments on Hold Under Trump USDA Spending Freeze Δ1.61

The Trump administration's freeze on USDA grants and loans is creating financial turmoil for farmers, with many halting investments and facing potential bankruptcy due to uncertainty in agricultural funding. This decision has disrupted agricultural markets, leading to confusion and stress in farming communities that have historically supported Trump. As farmers await the release of frozen funds, the long-term implications for the agricultural sector and its economic stability remain unclear.

HSBC Downgrades US Stocks, Turns Bullish on European Equities Δ1.60

HSBC has downgraded its outlook on U.S. equities to "neutral" amid uncertainty surrounding the Trump administration's trade policies, while upgrading its rating on European stocks to "overweight". The brokerage believes a proposed $1.2 trillion European fiscal package and China's emergence as a tech leader are shifting investor capital away from the United States. The S&P 500 has pulled back 6.1% since its record high in February, with worries about trade war impacts on corporate profits and growth.

The Micro Laptop with a Twist Δ1.52

The Antec Core HS A7840U offers a unique combination of features that set it apart from other handheld gaming consoles, making it an attractive option for those seeking a portable workstation. Powered by the AMD Ryzen 7 7840U processor and Radeon 780M mobile graphics, this device provides a balance between gaming performance and productivity capabilities. Its compact design and docking station feature make it an excellent choice for anyone looking to stay productive on-the-go.

Rocket to Buy Real Estate Broker Redfin for $1.75 Billion Δ1.51

Rocket Cos.'s acquisition of Redfin Corp., valued at $1.75 billion, signals a significant shift in the property market as the financial technology group delves deeper into the industry with a new listing site. The deal represents a premium of 63% over Redfin's common stock price, indicating investor confidence in Rocket's ability to integrate home search with its existing platform. By acquiring Redfin, Rocket aims to accelerate its purchase and AI strategy, aiming for $200 million in run-rate synergies by 2027.

Trump Doesn't Preclude a Recession This Year Δ1.64

President Donald Trump acknowledged the possibility of a U.S. recession during a recent television interview, attributing potential economic challenges to the imposition of tariffs and federal government job cuts. He described the current period as a "transition," suggesting that while there may be short-term difficulties, his policies aim to restore wealth to America. The uncertainty surrounding these trade policies has contributed to fluctuations in stock markets, complicating the economic outlook.

New Meme Coin Cocoro Launched By Dogecoin's IP Rights Holder Δ1.52

Cocoro (COCORO), the new meme coin launched by Own the DOGE, the group behind the original Doge meme's intellectual property, has made its debut on Base, the Ethereum layer-2 network developed by Coinbase. The coin's market cap surged past $80 million after its launch, but dropped to around $46 million with a token price near $0.046. COCORO's tokenomics feature 75% of the supply locked into liquidity pools, 20% distributed via airdrops to DOG and NEIRO holders.

New Rules Squeeze Banks’ Capital as Brazil Delinquencies Spike Δ1.53

New regulations in Brazil are reducing banks' equity capital, limiting their capacity to extend loans amidst increasing delinquencies and rising interest rates. These changes, intended to align Brazilian banks with global standards, compel lenders to quickly generate profits from a substantial backlog of tax assets while simultaneously adjusting how loan-loss provisions are recorded. The resulting financial strain is prompting banks to seek assistance from distressed-asset fund managers to navigate their loan portfolios effectively.

The Next Xbox Could Simply Be a PC in a 'TV-Friendly Shell' Δ1.52

Microsoft's next major home console might be more like a PC, with a TV-friendly shell, according to a recent rumor. This would make it similar to a Steam Machine, allowing players greater freedom over their gaming experience. The concept challenges the traditional console market and raises questions about the future of gaming.

India's Modi to Back Mauritius Sovereignty over Chagos, Upgrade Security Ties Δ1.58

Modi will reiterate Mauritius sovereign rights over Chagos, Trump has indicated support to UK-Mauritius deal over islands. India, Mauritius to sign agreement to enhance maritime security. The move reflects a shift in regional dynamics, as India seeks to bolster its strategic partnerships with island nations against the growing influence of China.

KREMLIN DENIES Russian Sabotage Allegations Empty and Unproven Δ1.58

The Kremlin has dismissed Western accusations of Russian sabotage in the U.S. and Europe as "empty and ephemeral" and without evidence. These claims have been repeatedly made by NATO allies, including Britain's foreign spy chief, but the Kremlin insists that Russia has not engaged in any such activities. The accusations have also led to suspensions of certain measures to counter alleged Russian sabotage campaigns.

UK Concerned by Chinese Activity in South China Sea, Says Foreign Minister Δ1.57

Britain is concerned by China's "dangerous and destabilising" activity in the South China Sea, with British Foreign Minister David Lammy stating that the UK and world economy depend on these trade routes being safe and secure. The Philippines is particularly at risk, facing frequent challenges to freedom of navigation and international law. The situation has raised tensions in the region, with the US previously condemning a Chinese navy helicopter's manoeuvres that endangered a Philippine government aircraft.

Conventum – Alluvium Global Fund Increased Its Position in Charter Communications (CHTR) Δ1.52

Alluvium Asset Management's fourth-quarter 2024 investor letter highlights an increased position in Charter Communications, which has shown significant stock performance, rising 27.25% over the past year. The fund's strategy involves navigating its holdings in Liberty Broadband and Charter amidst ongoing market fluctuations and consolidation talks, leading to adjustments in their investment portfolio. The fund remains optimistic about the earnings yield and free cash flow yield from Charter's broadband assets, reflecting confidence in long-term growth.

Singapore Exchange to Roll Out Open-Ended Bitcoin Futures Listing Δ1.50

The Singapore Exchange plans to list bitcoin perpetual futures in the second half of 2025, targeting institutional clients and professional investors, in a move that could significantly expand market access for this asset class. The firm's offering is expected to bring retail customers into the picture, potentially creating a new level of volatility in the markets. However, no specific details have been provided on how the exchange intends to ensure regulatory compliance with existing laws and regulations.

German Industrial Production Rises, But Exports Fall Δ1.52

German industrial output experienced a 2.0% increase in January, yet exports declined by 2.5%, highlighting the significant challenges the new government faces in revitalizing the economy amidst geopolitical uncertainty. Despite the rise in production, which surpasses prior quarter averages, concerns persist over the overall stagnation in the industrial sector, as production remains approximately 10% below pre-pandemic levels. Analysts remain cautious, emphasizing that while the rise in production may indicate a potential bottoming out of the industrial slump, a substantial recovery is not yet assured.

Spanish Fashion Co Mango's Sales Rise 8% in 2024 Δ1.51

Mango reported an 8% increase in sales for 2024, reaching 3.33 billion euros, largely driven by its international expansion efforts, particularly in the United States. The company, now focusing on premium partywear, saw net profits soar by 27% and gross margins hit 60.7%, reflecting its successful strategy against competitors like Zara. With plans to expand its U.S. footprint by opening over 60 new stores by 2025, Mango aims to reach 4 billion euros in sales by 2026.

Ferretti to Make Acquisition This Year Δ1.51

Ferretti Group is planning to make an acquisition this year as part of its strategy to expand its operations and improve efficiency. The Italian yacht manufacturer has been exploring various options, including the potential purchase of a brand, yard, or other asset. The company's CEO has confirmed that there are three different files on the table, but no further details have been disclosed.

Trump Chaos Pushes Central Banks Into Shadows Δ1.63

The recent turmoil surrounding President Donald Trump's economic policies has forced central banks to adopt a more passive role, as government actions take center stage in shaping market dynamics. With heightened uncertainty from trade tariffs and aggressive fiscal measures, investor confidence is wavering, leading to significant market fluctuations and concerns about a potential recession. This shift highlights the evolving landscape of economic policy, where fiscal measures are increasingly dictating market trends over traditional monetary policy strategies.

Oil Executives Experience Doubts Amid Trump’s Leadership Δ1.62

Energy executives gathering for CERAWeek in Houston are grappling with the complexities of President Donald Trump's policies, which have sparked both hope and uncertainty within the fossil fuel sector. While Trump's administration has lifted certain restrictions and promised increased production, the economic instability caused by his tariffs and sanctions has led to declining oil prices and potential disruptions in investment strategies. As the industry faces a challenging landscape, the conference is expected to reflect a mix of enthusiasm for regulatory support and anxiety over the unpredictable economic climate.

Global Manufacturing Is Repositioning — But It’s Complicated Δ1.58

The shifting dynamics of global manufacturing and supply chain strategies have created an unprecedented moment of change for logistics professionals, businesses, and policymakers alike. As companies respond to rising labor costs, trade policy uncertainties, and geopolitical tensions, the execution of diversification strategies is far from simple. From infrastructure limitations and workforce shortages to regulatory hurdles and freight market volatility, manufacturers face a multitude of challenges in repositioning their global manufacturing footprint.

UNA Watch Is the Sustainable Wearable That Wants to Replace Your Apple Watch Δ1.51

UNA Watch introduces a modular and sustainable alternative in the wearable technology space, allowing users to replace individual components like batteries and screens, akin to building with Lego. Backed by a £300,000 investment, the Edinburgh-based company aims to challenge the disposability of current wearables, exemplified by the Apple Watch's design limitations. With features such as GPS, health monitoring, and a 10-day battery life, the UNA Watch is set to launch on Kickstarter, attracting significant early interest.

Windows 11 Introduces New Recommendations for Start Menu and File Explorer Δ1.51

Microsoft is testing new features for Windows 11 that include app recommendations in the Start menu and suggested files in File Explorer, aimed at enhancing user experience. The Start menu will now suggest apps typically used together, while File Explorer will display relevant files based on user activity, although these changes will not be available in the European Economic Area for now. While some users may find these recommendations helpful, others may view them as unnecessary clutter in the interface.

Hungary Looks to Romania to Help Diversify Its Energy Sources Δ1.52

Hungary is seeking to expand its energy cooperation with Romania, driven in part by its desire to reduce dependence on Russian gas and explore new supply sources. The two countries are negotiating an agreement that could pave the way for increased trade and collaboration in the energy sector. This development reflects Hungary's efforts to diversify its energy mix and enhance its energy security.

Protalix BioTherapeutics Announces Fiscal Year 2024 Financial and Business Results on March 17 Δ1.50

Protalix BioTherapeutics, Inc. will release its financial results for the fiscal year ended December 31, 2024, and provide a business and clinical update on March 17, 2025, marking a significant milestone in the company's journey as it continues to push the boundaries of recombinant therapeutic protein development. The announcement comes after Protalix has already gained FDA approval for its innovative ProCellEx plant cell-based expression system, paving the way for future product launches. As the company looks to the future, investors and stakeholders will be eagerly awaiting insights into its progress.

EU Lawmakers Voice Doubts About Digital Euro After ECB Outage Δ1.54

European lawmakers are voicing fresh doubt about the European Central Bank’s ability to deliver its digital euro project following an outage in the ECB’s existing payment system. The breakdown in Target 2 (T2) caused delays for thousands of households and traders, raising concerns about the ECB's credibility. A successful digital euro would require restoring citizens' trust, with lawmakers emphasizing the need for improved systems and secure financial infrastructure.

Agentic AI Has “Profound” Issues With Security and Privacy, Signal President Says Δ1.55

Meredith Whittaker, President of Signal, has raised alarms about the security and privacy risks associated with agentic AI, describing its implications as "haunting." She argues that while these AI agents promise convenience, they require extensive access to user data, which poses significant risks if such information is compromised. The integration of AI agents with messaging platforms like Signal could undermine the end-to-end encryption that protects user privacy.

Japan’s Ishiba Urges Companies, Unions to Achieve Strong Wages Δ1.50

Japanese Prime Minister Shigeru Ishiba has called for an increase in workers' wages as annual pay negotiations are set to begin, emphasizing the need for cooperation between labor and management. With Japan's largest trade union federation, Rengo, seeking an average pay raise of 6.09%—the highest demand in over thirty years—Ishiba's comments reflect a significant focus on wage growth as a driver of economic stability. Additionally, the government plans to raise the minimum wage to ¥1,500 ($10.19) per hour within five years, highlighting the urgency of addressing wage disparities in the face of rising economic uncertainty.

The Real Secret to Becoming a Billionaire Revealed Δ1.51

Justine Musk, the first wife of billionaire Elon Musk, once shared her unique insights on the journey to becoming a billionaire. In 2015, Justine Musk responded to a Quora thread questioning whether determination and hard work alone lead to a billion-dollar fortune. She firmly answered, "No," emphasizing that determination falls short of the mark; instead, one must be ready to tackle extreme challenges head-on.

Global Market Declines Amid Tariff Concerns and Economic Uncertainty Δ1.63

US stock index futures fell on Monday as worries persisted that tit-for-tat tariffs could affect the world's largest economy, while electric-vehicle maker Tesla declined following a bearish brokerage forecast. The decline in US-listed shares of Chinese companies also fell due to weak economic data, leading to a drop in crypto stocks. Companies such as Airbnb climbed on bullish brokerage ratings, providing some relief. Futures were down for the Dow, S&P 500, and Nasdaq.

U.S. Stock Market Woes Persist as Trump's Tariffs Loom Δ1.62

U.S. stock index futures fell on Monday as worries persisted that the Trump administration's tariff policies could affect the world's largest economy, while EV maker Tesla declined following a bearish brokerage forecast. The benchmark S&P 500 logged its biggest weekly drop since September on Friday and the tech-heavy Nasdaq fell more than 10% from its December record high on Thursday. Investors will be watching closely for data on inflation, job openings and consumer confidence later in the week.

Futures Decline as Tariff Concerns Persist; Tesla Falls Δ1.64

U.S. stock index futures have dropped amid ongoing fears that escalating tariffs may negatively impact the economy, with Tesla's stock declining following a bearish forecast from UBS. Major tech companies, including Nvidia, Meta, and Amazon, also experienced declines as investors shifted towards safer assets like Treasury bonds. The volatility in the market is exacerbated by uncertainty surrounding President Trump's trade policies, which have raised recession fears among economists.

Aspen Pharmacare Holdings' (JSE:APN) Soft Earnings Are Actually Better Than They Appear Δ1.53

Aspen Pharmacare Holdings Limited's ( JSE:APN ) stock was strong despite it releasing a soft earnings report last week. Our analysis suggests that investors may have noticed some promising signs beyond the statutory profit figures. The company's unusual items, which reduced its statutory profit by R1.9b, may not be repeated in the future, potentially leading to an improvement in its profit.

Iran Takes the Reins on Its Own Nuclear Future Δ1.64

Iran has rejected U.S. President Donald Trump's letter urging the country to negotiate a nuclear deal, citing its own policy positions and sovereignty in foreign affairs. The Kremlin has confirmed no consultations were held with Iran before or after the letter was sent. Kremlin spokesman Dmitry Peskov emphasized that Iran seeks negotiations based on mutual respect and constructive dialogue.

German Spending Boost to Leave Lasting Impact on World Bond Markets Δ1.57

A sea change in German fiscal policy is rapidly transforming global bond markets as it is expected to increase the pool of top-rated, safe-haven debt and propel Germany into a new era of structurally higher government bond yields. Companies and investors are excited by this shift, anticipating a surge in bond sales to fund increased spending. The increase in 10-year Bund yield has already had knock-on effects on global yields.

North Korea Fires First Ballistic Missiles Since Trump’s Return Δ1.63

North Korea has fired multiple ballistic missiles off its west coast, marking the first such launch since Donald Trump's return to power, as Pyongyang shows no signs of holding back from its missile testing amid heightened tensions with Washington and Seoul. The launch comes amid ongoing diplomatic uncertainty in South Korea, following President Yoon Suk Yeol's brief imposition of martial law in December and his subsequent impeachment. The projectiles were likely close-range ballistic missiles, launched from the Hwanghae Province in North Korea's west.

The Impact of US Tariffs on Global Trade Policy Δ1.65

US President Trump's tariffs are reshaping US trade policy and overhauling decades of free-trade agreements with friend and foe alike. However, the pause in tariffs on goods and services compliant with the USMCA until April 2 may provide temporary relief for affected industries. Despite this, the ongoing trade tensions between the US and its trading partners continue to pose significant challenges for global economic stability.

Nomura Sees Low Risk of S&P 500 Crash as Investors Cut Exposure Δ1.52

The odds of a wider market meltdown are decreasing as the S&P 500 Index's controlled decline reduces investor exposure, according to Nomura Securities cross-asset strategist Charlie McElligott. The latest choppiness in markets has been accompanied by "appropriate mechanical de-allocation, deleveraging and rebalancing trades that remove accelerant flows which then contribute to crash conditions," McElligott wrote in a note. With most assets under management remaining focused on tech leadership, the strategist expects volatility to decline in the coming weeks if an idiosyncratic shock is absent.

German Far-Right Challenges Attempt to Put Spending Plans to Old Parliament Δ1.59

The Alternative for Germany (AfD) party has submitted urgent legal motions to the constitutional court, seeking to block a planned convening of the outgoing German parliament to consider a significant half-trillion-euro spending package. The proposed changes aim to expand defense and infrastructure spending, sparking concerns about potential constitutional implications. However, the far-right party is challenging this move due to concerns over its legitimacy.

Gold Steadies as Firm Dollar Offsets Safe-Haven Demand Δ1.58

Gold steadied on Monday as a stronger U.S. dollar countered safe-haven demand amid trade war concerns, while investors looked to inflation data this week for clues on the Federal Reserve's next interest rate decision. Spot gold was at $2,913.09 an ounce at 0946 GMT, while U.S. gold futures firmed 0.2% to $2,920.10. The dollar index held above last week's four-month low, making gold more expensive for holders of other currencies.

Congressional Republicans Seek to Unite Around Bill to Avert Government Shutdown Δ1.67

The Republican-controlled U.S. Congress appears set to pass a bill to keep the government funded and avert a partial shutdown on Saturday, with hardline members signaling support for the measure despite previous opposition. The House is expected to vote on the bill this week, with Speaker Mike Johnson planning a procedural vote on Monday. Senate Democrats have expressed willingness to support the bill, which would maintain funding levels through September 30.

X Platform Outage Appears to Ease, Downdetector Shows Δ1.55

An outage on Elon Musk's social media platform X appeared to ease after thousands of users in the U.S. and the UK reported glitches on Monday, according to outage-tracking website Downdetector.com. The number of reports in the U.S. dropped to 403 as of 6:24 a.m. ET from more than 21,000 incidents earlier, user-submitted data on Downdetector showed. Reports in the UK also decreased significantly, with around 200 incidents reported compared to 10,800 earlier.

Rwanda-Backed Rebels Sweep Through Congo's East Δ1.57

Democratic Republic of Congo's former President Joseph Kabila has faced increasing pressure over Rwanda-backed rebels' advances in the east, prompting officials from his party to be questioned by a military prosecutor. Kabila had reached out to opposition politicians and civil society members to discuss the country's political future, amid criticism of Tshisekedi's response to M23's military campaign. The exact reason for the invitations was not clear, but President Felix Tshisekedi has recently accused Kabila of sponsoring the M23 rebels.

HEDGE FLOW Hedge Funds Cut China Stocks for Fourth Week as DeepSeek Optimism Fades Δ1.53

Global hedge funds have reversed course, selling China equities for a fourth straight week as renewed enthusiasm for Chinese tech stocks ignited by low-cost artificial intelligence startup DeepSeek began to fade. The sell-off is attributed to decelerating trade growth and worsening deflationary pressures reflected in latest data. Hedge funds' net allocation to Chinese equities remains relatively light, ranking in the 37th percentile over the past five years.

Hedge Funds Cut China Stocks for Fourth Week as DeepSeek Optimism Fades Δ1.53

Global hedge funds have continued to sell China equities for a fourth straight week as renewed enthusiasm for Chinese tech stocks ignited by low-cost artificial intelligence startup DeepSeek began to fade. Hedge funds have reversed course since mid-February, cutting long positions and adding short bets, according to Goldman Sachs prime brokerage. The investment bank estimates that hedge fund positions on China remain relatively light, with net allocation ranking in the 37th percentile over the past five years.

Canada's Carney Faces Trump, Tariffs and Looming Election Δ1.64

Mark Carney has secured a landslide victory to lead Canada's Liberal Party and is poised to become the next prime minister, succeeding Justin Trudeau. His leadership comes at a critical time as he faces off against U.S. President Donald Trump, who poses threats of tariffs and annexation, while navigating a challenging political landscape marked by rising opposition. Carney's lack of electoral experience presents unique challenges as he attempts to unite the party and capitalize on renewed support amid pressing domestic issues.

US Says Ukraine 'Ready to Move Forward' On Ceasefire Demand Δ1.63

Ukraine is under US pressure to accept a quick truce to end the war with Russia, with senior US officials believing the country's leadership is "ready to move forward" with the US's demand for a ceasefire process. The Trump administration has stepped up pressure on Ukrainian President Volodymyr Zelensky to accept his demands for a rapid ceasefire with Moscow, despite doubts about Ukraine's willingness to negotiate. A meeting between US and Ukrainian officials is set to take place in Saudi Arabia, where the two sides are expected to discuss a framework for peace.

Germany's Greens May Refuse to Back Merz in Threat to Massive Debt Plans Δ1.60

Germany's Greens are signaling potential refusal to support Friedrich Merz's plans for a significant increase in state borrowing, with concerns rising over the approval process as negotiations progress. The proposed reforms include a special 500 billion euro infrastructure fund aimed at revitalizing the economy, but the Greens demand more climate protection measures to be integrated into the plans. As the political landscape shifts with an incoming parliament, the dynamics between Merz, the Greens, and other coalition partners could complicate the path to passing these crucial measures.

Rupee Slumps on Strong Demand to Buy Dollars at Daily Fix, Weak Yuan Δ1.59

The Indian rupee weakened on Monday due to strong demand to buy dollars at the daily reference rate and a decline in the Chinese yuan amid worries about its economy and global trade war. The rupee declined 0.4% to 87.26 against the U.S. dollar as of 9:45 a.m. IST, with the reference rate quoting at a 1/1.20 paisa premium. The dollar index ticked up to 103.8, recovering from a four-month low hit last week.

Seven & I in Talks with Couche-Tard over Store Sales for Merger Deal Δ1.54

Seven & i Holdings has initiated discussions with Alimentation Couche-Tard over a potential store sale plan that would pave the way for Couche-Tard's $47 billion takeover bid. The proposed divestiture process would involve mapping out the viability of selling off U.S. stores, with potential buyers identified and assessed. If successful, this could provide regulatory approval for Couche-Tard to complete its acquisition of Seven & i Holdings.

Why PrivadoVPN Free Is Still a Stellar Option for Streaming Δ1.51

PrivadoVPN Free stands out among free VPN services by offering impressive speeds, robust security, and access to popular streaming platforms, which is uncommon in this category. While it comes with limitations such as a 10GB data cap and restricted server options, its performance positions it as a top choice for casual users looking to stream without financial commitment. The service provides a reliable solution for those needing occasional VPN access, striking a balance between functionality and affordability.