Bloomberg Strategist Warns of 2008-Style Market Unwind, Sees Bitcoin Plunging to $10,000
A hawkish Fed nominee and geopolitical tensions trigger a broad market sell-off, with one analyst forecasting an 87% collapse in Bitcoin from current levels.
A hawkish Fed nominee and geopolitical tensions trigger a broad market sell-off, with one analyst forecasting an 87% collapse in Bitcoin from current levels.
The spirits giant files for legal protection for its production and warehouse assets in Latvia, citing cash flow pressures from geopolitical fallout and market headwinds, while assuring global sales remain unaffected.
Former Binance CEO Changpeng Zhao (CZ) has tempered his earlier prediction of a 2026 Bitcoin 'supercycle,' citing heightened market volatility, geopolitical tensions, and the pervasive impact of misinformation. While long-term optimism remains, the path forward appears more complex.
A new poll shows the centre-right Tisza party maintaining an eight-point advantage over the ruling Fidesz, setting the stage for Hungary's most consequential vote in over a decade, with major implications for Europe's political landscape.
A quiet crisis is eroding the foundation of U.S. economic decision-making. As key federal data agencies face budget cuts, political pressure, and operational challenges, the resulting information gap could leave policymakers and businesses 'flying blind,' increasing the risks of policy missteps, deeper recessions, and prolonged unemployment.
Gold prices tumbled from a record $5,600 to $4,770 per ounce, while silver plummeted 31% in a single day—the steepest decline since 1980. Analysts point to shifting U.S. monetary policy expectations and eased geopolitical anxieties as key drivers behind the sudden sell-off.
While geopolitical tensions have rattled regional markets, a closer look reveals resilient smaller companies in the GCC and Turkey offering unique value propositions. We analyze three firms with market caps under $900 million in the education, packaging, and industrial sectors.
UK Labour leader Keir Starmer urges sustained engagement with Beijing, countering Donald Trump's call for Western disengagement and highlighting deepening geopolitical divides.
A special anti-corruption court in Dhaka has delivered a landmark verdict, sentencing former Prime Minister Sheikh Hasina to 10 years imprisonment and her British lawmaker niece to four years over illicit land allocations in a flagship housing project. The ruling intensifies the political turbulence ahead of crucial elections.
With a partial government shutdown underway, House Speaker Mike Johnson confronts a dual crisis: securing passage of a federal funding package and mediating an intensifying political battle over the scope and tactics of Immigration and Customs Enforcement operations.
Italian Prime Minister Giorgia Meloni and German Chancellor Friedrich Merz have signed a landmark partnership pact in Rome, signaling a potential shift in the European Union's traditional Franco-German power center. The accord, focusing on defense, migration, and trade, comes as France grapples with political instability and a weakened presidency.
In Thailand's crucial northeast, a profound political realignment is underway. Farmers, disillusioned by unmet promises and economic hardship, are abandoning decades of party loyalty to back individual candidates, testing the foundations of the Shinawatra family's political machine ahead of pivotal elections.
As Thailand heads to the polls, three major parties offer starkly different visions for the nation's path forward, from populist subsidies to structural reforms, setting the stage for a pivotal political contest.
French IT giant Capgemini moves to sell its U.S. government solutions subsidiary following political and internal pressure over its contract with Immigration and Customs Enforcement (ICE), as public debate intensifies around tech's role in immigration enforcement.
As transatlantic tensions simmer, a renewed push to bring home Germany's gold stored in New York vaults sparks debate over financial security, political symbolism, and Cold War-era trust.
Philippine Vice President Sara Duterte, a leading contender for the 2028 presidency, faces renewed impeachment efforts filed by civil society groups. The complaints allege corruption and abuse of public trust, deepening the political rift with President Ferdinand Marcos Jr.'s administration.
JPMorgan Chase confronts heightened regulatory and political pressure as a lawsuit from former President Donald Trump alleges biased account closures, while CEO Jamie Dimon's public spat with Coinbase underscores the intensifying battle between traditional banks and crypto platforms for customer funds.
A confluence of geopolitical tensions and macroeconomic pressures sparked a broad crypto market rout over the weekend, creating one of Bitcoin's largest CME futures gaps on record and wiping out over $5.4 billion in leveraged positions.
As Israel now acknowledges over 70,000 killed in Gaza, rights advocates argue that early Western political and media skepticism dehumanized Palestinians and delayed a full reckoning with the war's human cost.
Slovakia’s top national security adviser has resigned following the release of newly unsealed court documents linking him to email exchanges with Jeffrey Epstein. The adviser denies any wrongdoing, stating the move aims to shield the prime minister from political fallout.