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JUST IN: 🇫🇷 11% of gas stations in France are now out of gas or diesel.
• Diesel has surged to €2.38 per liter, putting it within 1% of a record high.
• French President Emmanuel Macron called an emergency meeting to address the situation.
• The French government is preparing financial assistance for drivers who travel long distances.
@WatcherGuru
• Diesel has surged to €2.38 per liter, putting it within 1% of a record high.
• French President Emmanuel Macron called an emergency meeting to address the situation.
• The French government is preparing financial assistance for drivers who travel long distances.
@WatcherGuru
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JUST IN: Anthropic considers launching new Claude AI model to counter OpenAI's GPT-6 Astra.
• This comes after Anthropic CEO Dario Amodei called to slowdown AI development, citing safety concerns.
• Anthropic is expected to go public in November at an estimated $2 trillion valuation, making it one of the largest IPOs in history.
@WatcherGuru
• This comes after Anthropic CEO Dario Amodei called to slowdown AI development, citing safety concerns.
• Anthropic is expected to go public in November at an estimated $2 trillion valuation, making it one of the largest IPOs in history.
@WatcherGuru
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JUST IN: 🇺🇸 President Trump announces creation of "AI Force" and says AI could make up 25% of US GDP.
@WatcherGuru
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JUST IN: 🇸🇦🇨🇳 Saudi Arabia withdraws from Chinese-led digital currency & blockchain payment system that reduces reliance on the US dollar.
@WatcherGuru
@WatcherGuru
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🇨🇳🇺🇸 China cuts US Treasury holdings to an 18-year low
• China has been reducing its holdings for over a decade, down from around $1.3 trillion in the early 2010s to $618 billion today.
• The decline accelerated after 2022 as China became more concerned about relying too heavily on US assets.
• Foreign governments are buying fewer US Treasuries, while hedge funds and other investors are buying more.
• Weaker foreign demand is helping push Treasury yields higher, with the 30-year yield recently hitting a nearly 20-year high.
• Higher yields mean the US government has to pay more to borrow money.
@WatcherGuru
• China has been reducing its holdings for over a decade, down from around $1.3 trillion in the early 2010s to $618 billion today.
• The decline accelerated after 2022 as China became more concerned about relying too heavily on US assets.
• Foreign governments are buying fewer US Treasuries, while hedge funds and other investors are buying more.
• Weaker foreign demand is helping push Treasury yields higher, with the 30-year yield recently hitting a nearly 20-year high.
• Higher yields mean the US government has to pay more to borrow money.
@WatcherGuru
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JUST IN: 🇺🇸🇨🇳 US and China officially begin trade talks in New York ahead of President Xi Jinping's visit.
@WatcherGuru
@WatcherGuru
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JUST IN: 🇺🇸 Elon Musk says there are "hundreds, maybe thousands, of fraud rings of almost every nationality stealing money from US taxpayers."
@WatcherGuru
@WatcherGuru
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JUST IN: 🇷🇺 Russia holds talks with major banks and financial firms to expand access to the crypto market.
@WatcherGuru
@WatcherGuru
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JUST IN: $250,000,000 worth of shorts liquidated from the crypto market in the past 30 minutes.
@WatcherGuru
@WatcherGuru
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JUST IN: 🇪🇺 European Central Bank officially launches digital euro payments for tokenized transactions between banks.
@WatcherGuru
@WatcherGuru
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