Bloomberg L.P.
Scott Bessent supported the idea of a $250 banknote with Trump's portrait for the US Semiquincentennial. The decision to change the law regarding living persons must be made by Congress.
The value of Bitcoin dropped to $73,294 amid the conflict between the US and Iran. Approximately $1.5 billion was withdrawn from US ETFs in May.
The collapse of the Birch Glacier in 2025 buried 90% of the Swiss village of Blatten. Due to a 3°C warming, the country's largest glaciers have lost a quarter of their volume.
Peter Diamandis believes the merger of SpaceX and Tesla is a matter of time to consolidate Musk's control. This would allow for the integration of terrestrial and space infrastructure.
The Turkish leader plans talks with Trump during a football match in Los Angeles. Discussions will focus on the countries' roles in the Alliance and defense.
Gold prices declined due to hostilities in the Persian Gulf and inflation fears. Despite peace talks, the market expects the metal's value to drop.
The head of GCHQ stated that China is transforming into a cyber superpower and that Russia is intensifying hybrid attacks. The number of large-scale cyberattacks on Britain has increased by 50%.
Warming and precipitation have caused a 10% increase in Salmonella drug resistance. Without environmental measures, bacterial resistance will continue to grow until 2100.
Canada is preparing an agreement with Germany's SEFE for gas supplies from a new $10 billion terminal. This will help Europe replace Russian energy resources.
Due to attacks on oil refineries, Russia plans to limit exports of diesel and aviation fuel. Oil refining in the country has fallen to its lowest level in 16 years.
The price of WTI crude fell to $91 amid talks to open the Strait of Hormuz. Despite the diplomacy, new explosions and strikes have been recorded in the region.
The US and Israel attacked Iranian vessels in the Strait of Hormuz; there are fatalities. The strike occurred following Trump's statements regarding progress in negotiations with Tehran.
Gold rose to $4,564 due to progress in US-Iran negotiations. The market anticipates the reopening of the Strait of Hormuz and assesses inflationary risks.
Egypt will conduct an aerogeophysical survey of its deserts and the Sinai to search for minerals. A new database will help investors evaluate promising deposits.
The new Star Wars installment topped the box office in the US and Canada with a result of $102 million. This is the franchise's first feature film in seven years.
Kevin Hassett stated that peace with Iran would cause energy prices to collapse. This would give the Federal Reserve the opportunity to ease monetary policy.
The number of Ebola patients is rapidly increasing in Congo due to a lack of vaccines. A shortage of protective gear and civil unrest are hindering efforts to combat the epidemic.
The Russian Federation has intensified pressure on Armenia due to its course toward the EU and the summit involving Zelenskyy. Moscow has banned flower imports and is threatening the country's withdrawal from the EAEU.
The forward's net worth has exceeded one billion dollars thanks to his salary and investments. Messi has become the second billionaire footballer after Cristiano Ronaldo.
A heat dome will push temperatures in Europe up to 38 degrees next week. This will trigger a surge in solar energy production and set new records.
The expected public offering of SpaceX shares could make Elon Musk a trillionaire. His associates Gwynne Shotwell and Bret Johnsen are set to become billionaires.
Due to the war with Iran, the Esports World Cup has been moved from Riyadh to Paris. The tournament, featuring a $75 million prize pool, will host over 2,000 players from around the world.
The US is asking Ukraine to ease sanctions against Belarusian potash to reduce Russia's influence. Experts point to threats due to Minsk's complicity in the aggression.
Mark Rutte announced a NATO mission in the Strait of Hormuz due to threats to the economy. Allies are also discussing allocating 0.25% of GDP to support Ukraine.
Great Britain has authorized the import of fuel derived from Russian oil via third countries. The decision is attributed to market shortages and rising global prices.
Putin will discuss the construction of the Power of Siberia 2 gas pipeline in Beijing. Russia's economic dependence on sanctioned technologies from China has reached over 90%.
Tehran has established the PGSA body to insure vessels in the Strait of Hormuz for Bitcoin. The US and the UN oppose the introduction of these transit fees.
Beijing is ready to strengthen military trust with the US after the meeting between Trump and Xi Jinping. The parties are discussing stability amidst disputes over Taiwan.
The price of gold dropped to $4,550 due to the war with Iran and the blockade of the Strait of Hormuz. Investors anticipate rising inflation and interest rate hikes.
China will purchase $17 billion worth of US agricultural products annually until 2028. The parties also agreed to resume exports of American beef and poultry.