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Alex Mashinsky, the former CEO of Celsius, has agreed to relinquish all claims to the assets of the bankrupt crypto lender, facilitating further distributions to creditors. This agreement, submitted to the U.S. Bankruptcy Court for the Southern District of New York, bars Mashinsky and three associated entities from receiving any bankruptcy proceeds. All claims made by Mashinsky will be withdrawn and will not receive any distribution under the Chapter 11 plan. Consequently, he and his related entities will be permanently excluded from any recovery in the Celsius bankruptcy, allowing the reserved assets to be redistributed to other creditors. The court will maintain oversight of the distribution process while Mashinsky serves a 12-year prison sentence for defrauding customers and manipulating the CEL token's price. Celsius filed for Chapter 11 in July 2022 due to a liquidity crisis and has since transitioned to a recovery-focused entity, distributing over $2.5 billion to around 251,000 creditors by August 2024.

In a bold statement, Iranian state media declared:
**"Tonight, the world will witness the end of Israel’s arrogance."**

This development marks a significant escalation in rhetoric amid rising regional tensions. The international community is closely monitoring the situation.

Stay tuned for further updates.
#BreakingNews #MiddleEast #IranIsraelConflict #Israel #worldnews

Tel Aviv/Tehran – June 14, 2025
In a dramatic escalation of Middle Eastern tensions, Israel has launched targeted airstrikes on Iranian military infrastructure, marking one of the most direct confrontations between the two nations in recent history.

⚠️ Initial reports suggest multiple explosions near strategic locations in Iran, including suspected nuclear and missile sites. Iranian defense systems have reportedly responded, with ongoing air defense operations across Tehran and other regions.

🇮🇱 Israeli officials claim the operation is in response to escalating threats and recent attacks by Iranian proxies in the region.
🇮🇷 Iran has vowed “swift and powerful retaliation,” warning of a broader conflict if Israeli aggression continues.

🌍 Global Reactions:

The UN has called for an emergency Security Council meeting.
Oil prices are spiking rapidly amid fears of a wider regional war.
Major airports across the Middle East are now on high alert.
This story is still developing. Stay tuned for live updates.
#BreakingNews #IsraelIranConflict #IsraelIranConflict #WarAndPeace #worldnews

The U.S. Federal Reserve (Fed) isn’t planning to cut interest rates anytime soon — and according to most economists, no change is likely before September, possibly even later. Despite political pressure and mounting inflation concerns, monetary policy remains frozen as the central bank stays cautious.

🔒 Rates Stay at 4.25%–4.50% — No Surprises in June
In a Reuters survey conducted from June 5–10 with 105 economists, nearly all (103) agreed that the Fed would leave rates unchanged at the upcoming June 17–18 meeting. The current rate range has remained the same since the beginning of the year — 4.25% to 4.50%.
The primary reasons? Persistent inflationary pressure and a resilient job market that doesn’t yet warrant Fed intervention.

🧨 Trump’s Tariffs and Fiscal Uncertainty Add to the Risk
Economic uncertainty is being fueled by unresolved trade tensions and tax reform efforts. President Donald Trump raised tariffs on steel and aluminum from 25% to 50%, stoking fears of prolonged inflation. Meanwhile, a new tax bill, which passed the House of Representatives, is still stuck in the Senate.
Trade negotiations with China have stalled, and the 90-day tariff truce set to expire on July 9 shows no signs of resolution.

📉 Trump Wants Rate Cuts — But Fed Holds Its Ground
Trump has called for a full percentage point cut, which would lower the Fed’s target rate to 3.25%–3.50%. Still, the Fed is holding firm and refuses to act under pressure.
As Jonathan Pingle, Chief U.S. Economist at UBS, put it:
“As long as the job market holds up, the Fed will stay put and lean on rhetoric to maintain credibility in its fight against inflation.”

📊 Most Economists: No Cuts Until Q3 2025 at the Earliest
According to the Reuters survey:

🔹 59 economists expect rate cuts in Q3 2025

🔹 44 economists predict a cut in Q4 or later

🔹 20 economists believe there will be no cut at all this year

💸 Inflation and National Debt Still Weigh Heavily
Inflation remains sticky, and U.S. federal debt has ballooned to $36.2 trillion. A new tax-and-spending package making its way through Congress could add another $2.4 trillion. These fiscal pressures are pushing long-term interest rates higher, directly impacting housing and business investment.
Bill Adams from Comerica Bank explained:
“With more fiscal stimulus on the way, the Fed has no reason to boost the economy with lower rates. Deficits are rising, and long-term yields are being pushed up, straining interest-sensitive sectors like real estate and business capex.”

📉 Weak GDP Growth, No China Deal, and Persistent Inflation
U.S. GDP shrank 0.2% last quarter, driven by a widening trade deficit. Growth for the full year is now expected to hit just 1.4%, down from 2.8% in 2024. The 2026 forecast is only slightly better — 1.5% — and hasn’t changed since May.
Although U.S. officials are negotiating with China in London, no deal is expected before the tariff freeze expires. In the meantime, both economists and consumers are preparing for persistently high prices.
Inflation expectations remain well above the Fed’s 2% target, and no one expects that to change before 2027.

📌 In Summary: The Fed Is in No Hurry — and That’s Not Changing Soon
Of the 105 economists surveyed, 85 expect rates to remain at 3.75%–4.00% through the end of 2025. The Fed appears to be in wait-and-see mode, with no incentive to move until something dramatic changes.
For now, the central bank is watching and waiting — and likely will be for a while.

#Fed , #TRUMP , #Tariffs , #worldnews , #FederalReserve

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Financial markets are bracing for the upcoming Federal Reserve’s June FOMC meeting, but hopes for a rate cut have nearly vanished. The odds of the Fed lowering rates have dropped to just 0.1%, signaling near-unanimous market belief that rates will remain unchanged.

🔹 Probability of Steady Rates? 99.9%
According to the CME FedWatch Tool, investors are overwhelmingly betting that the target range will stay between 425 and 450 basis points. This sentiment is echoed by Polymarket, where traders have drastically shifted expectations. In May, there was still a 9% chance of a cut, but that has now shrunk to almost zero.

🔹 Labor Market & Inflation Data Crush Expectations
Recent strong U.S. job data and persistently high inflation have convinced the Fed there's no reason to rush. According to the latest FOMC minutes, central bankers remain extremely cautious, while monitoring both geopolitical and fiscal developments — including Trump’s tariffs.

🔹 Trump Pushes Aggressively for Cuts
While the Fed remains on hold, calls for cuts are growing louder. Donald Trump is demanding an immediate 100-basis-point rate cut, calling it rocket fuel for the economy. In his usual style, he lashed out at Fed Chair Jerome Powell, calling him a “disaster.”
Trump also hinted that he may soon replace the Fed Chair. According to Polymarket betting odds, the leading candidate to succeed Powell is Kevin Warsh, a former member of the Fed’s Board of Governors.

Even with mounting political pressure, the market consensus is clear: a June rate cut is highly unlikely. For now, all eyes are on upcoming CPI inflation data, which could determine whether the Fed shifts its stance before summer ends — or if rate changes will be postponed until fall.

#Fed , #JeromePowell , #centralbank , #worldnews , #USDOLLAR

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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Elon Musk once again found himself in the middle of a political firestorm – not for Tesla or SpaceX this time, but for a dramatic altercation with U.S. Treasury Secretary Scott Bessent. The long-simmering tension between the two culminated in a physical fight inside the White House.

👊 What exactly happened?
According to The Washington Post, the incident occurred in April. The conflict centered around who should be appointed acting commissioner of the IRS. Musk had his eyes on the position, but Donald Trump sided with Bessent, leaving Musk furious. As the two men exited the Oval Office, the argument escalated into a shouting match.
Steve Bannon later revealed that Bessent accused Musk of being a fraud, referring to Elon’s unfulfilled promise to save the government over $1 trillion. Musk reportedly responded by jabbing Bessent in the ribs like an NFL locker room scuffle. Bessent hit back, and the confrontation only ended when White House staff stepped in and escorted Musk out of the building.

🚨 Musk’s Washington Influence Is Fading
At the beginning of the year, Musk was one of Trump’s closest allies — even staying in the Lincoln Bedroom. He wielded serious power, with his agency DOGE slashing budgets, laying off federal employees, and dismantling aid programs.
But internally, Musk was seen as reckless. In February, he shocked federal officials — including judges — by emailing them demanding a list of their “achievements.” It was clear to many that Musk lacked an understanding of how the government works.
While Trump and adviser Stephen Miller still supported him, others like Susie Wiles had grown tired of the chaos. Public support for Musk’s political role also plummeted. Protesters waved signs reading "No one voted for Elon Musk."
Then came the Wisconsin Supreme Court election, where Musk backed a pro-Trump candidate who lost badly. The defeat served as a warning to Republicans that Musk might be more liability than asset.

📉 Tariffs, Insults, and the Final Straw
On April 2, Trump repealed new tariffs. Musk blasted the move on X, calling Trump adviser Peter Navarro a “moron” and begging Trump to reinstate the duties. Trump ignored him. Markets took a hit, and Musk’s credibility in D.C. collapsed. That rough week led directly to his explosive clash with Bessent.

🛰️ NASA Nomination Collapses
After the altercation, Musk announced he would step back to focus on Tesla, managing DOGE remotely. But his opponents weren’t done yet.
Jared Isaacman, Musk’s pick to lead NASA and a key figure in his Mars ambitions, had donated to Democrats. Sergio Gor, Trump’s personnel director, revealed documentation of the donations. Trump swiftly killed the nomination.
Musk suspects Gor was also behind negative leaks to The New York Times. The two had clashed for months over staffing. For Gor, this was revenge — and he got it.
Trump spokesman Steven Cheung backed the move: “Sergio is a vital part of the team and helped the president build an unmatched administration.”

📺 TV Confrontation and Trump's Silence
Meanwhile, Fox host Maria Bartiromo grilled Trump aide Karoline Leavitt live on air, asking whether Musk really assaulted the Treasury Secretary. Leavitt laughed nervously and downplayed it as a “disagreement.” But Maria pressed harder: “Was it a fight?”
Leavitt responded: “I wouldn’t call it a fistfight, Maria. It was definitely a disagreement. I wasn’t there, but I heard second-hand.”
Trump has remained mostly silent, but behind closed doors, he’s reportedly furious. He’s allegedly called Musk a “huge druggie,” referencing reports of ketamine and Adderall use. The New York Times even reported that Musk’s drug use may be affecting his bladder.
Sources say Trump wants no more public drama and has instructed allies like J.D. Vance to keep quiet. But the damage is already done.

💬 Republican Anxiety Grows
Trump also posted on Truth Social calling for more oversight of Musk’s government contracts. Some Republicans fear Musk could retaliate — or even launch a third political party.
Senator Ted Cruz summed it up in his podcast: “It feels like being a kid of divorced parents. I just wish mom and dad would stop yelling.”
By the end of April, Elon Musk had no real influence left in Washington. His NASA dreams were dead, and the brawl with Bessent was the final headline in a very public fall from political grace.

#ElonMusk , #TRUMP , #Bessent , #worldnews , #USPolitics

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🔹 After weeks of turbulence in the bond market, Wall Street is now laser-focused on Thursday’s $22 billion auction of 30-year U.S. Treasury bonds — a key event closely watched by bond managers, economists, and investors alike.
This isn’t just another round of government debt issuance. It’s a test of how much faith the market still has in America’s long-term borrowing. The auction comes after a brutal stretch of volatility, particularly affecting the long end of the yield curve.
On Monday, U.S. Treasuries regained some ground following last week’s selloff. Yields fell by two to three basis points across the board, pulling back from Friday’s jump that was triggered by unexpectedly strong employment data, according to Bloomberg.
With Monday being relatively quiet in terms of economic news, market focus is now shifting to two events: Wednesday’s inflation report and Thursday’s bond auction — both seen as potential market movers.

Yields Retreat Slightly, but Long-Term Debt Anxiety Persists
The outlook for long-dated bonds remains shaky. Yields have been climbing steadily since April. The 30-year Treasury yield recently peaked at 5.15% on May 22 — its highest level since 2023. By Monday, it had eased to 4.95%, but remains elevated. The 10-year yield moved similarly, dropping to 4.48% — a breather, not a turnaround.
Lauren van Biljon, portfolio manager at Allspring Global Investments, called Thursday’s auction a tone-setter for the rest of June. “This is going to be key and will truly define the mood for the month,” she told Bloomberg TV. “We know there’s a lot of concern about long-term funding.”
She’s not alone in her caution. Mike Riddell, a fund manager at Fidelity International, said he’s already repositioned for long bonds to underperform. The shift, he notes, is no longer just about interest rates — it's about the U.S. fiscal trajectory and market supply-demand dynamics.
“What’s troubling,” he added, “is that policymakers seem totally unmoved by recent bond market moves.”

From Monetary Policy to Fiscal Risk: The Narrative Has Shifted
That pivot away from Fed rate policy as the main market driver is no small shift. For years, investors obsessed over rate hikes and cuts. Now, the focus is on whether the U.S. can continue massive borrowing and spending without cracking investor confidence.
Smaller bond sales earlier this week — three-year and ten-year Treasuries — may offer additional signals, but all eyes are locked on Thursday’s big test.

Inflation Could Spoil the Party
Wednesday’s inflation data could throw everything off course. Bloomberg economists expect the May CPI to rise to 2.5% year-over-year, up from April’s 2.3%. That would be enough to rattle any long-bond holder.
Kathleen Brooks, research director at XTB, warned that rising inflation could reduce risk appetite and even blunt gains in the dollar. “Especially if it derails Thursday’s 30-year Treasury auction,” she added.

30-Year Treasuries Now the Market’s Least Favorite?
According to Jack McIntyre of Brandywine Global, the upcoming bond auctions will be seen as a stress test for sentiment. “Every auction this week will be interpreted as a barometer for the market’s mood,” he said.
His view on long bonds? “I think 30-year U.S. Treasuries are the least liked right now.”
Issuing these bonds is getting costlier. The government is borrowing more, spending more, and paying more in interest. This combination has pushed the 30-year yield near its 20-year highs. Monday’s modest dip below 5% doesn’t change the larger, upward trend.
This week, inflation data and the outcome of the 30-year bond sale will show if investors are still willing to buy into America’s long-term debt story.

#WallStreetNews , #MarketVolatility , #USBonds , #worldnews , #Investing

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Senate Republicans are facing an internal deadlock, unable to unify behind Donald Trump’s massive new tax and spending proposal. With less than a month until their self-imposed July 4 deadline, tensions are rising over how to handle a bill that could add $2.4 trillion to the federal deficit over the next decade.
According to The Wall Street Journal, Majority Leader John Thune is trying to push out a new version of the bill, but progress is slow as the GOP fractures over key provisions.
Trump’s so-called “big, beautiful bill” narrowly passed the House in May by just one vote. But in the Senate, Republicans are gridlocked — unable to agree on which federal programs to cut in order to fund Trump’s proposed tax breaks, border security expansion, and military upgrades.

Medicaid, Food Aid, and Energy Tax Credits Spark Division
📌 Main flashpoints:

🔹 Stricter work requirements for Medicaid recipients

🔹 Cuts to food assistance, requiring states to shoulder 5% of the cost

🔹 Rollback of clean energy tax incentives from the Inflation Reduction Act
Senator Lisa Murkowski summed it up: “Everyone’s pulling this Gumby in different directions — we don’t have a unified vision.”
The proposed Medicaid reforms have triggered sharp debate. The Congressional Budget Office warns that the changes could leave 4.8 million people without insurance by 2034. While some Republicans back the move, others worry about impacts on rural hospitals and vulnerable communities.

Tax Showdowns and Lobbying Pressure
More tension surrounds tax relief for businesses. Senator Steve Daines of Montana has drawn a red line: no permanent expensing provision, no support.
Senator John Curtis of Utah slammed the proposed repeal of clean energy incentives, warning it could hurt companies like Fervo Energy, which is building the world’s largest geothermal plant in his state. His colleague Mike Lee and others are angry over proposed changes to the SALT deduction cap — raising it from $10,000 to $40,000 — which they argue disproportionately benefits wealthy blue-state residents.

GOP Infighting Threatens Bill’s Survival
Deep rifts remain between GOP fiscal hawks demanding more cuts, and pragmatists protecting their states' interests. Trump is pressuring lawmakers to pass the bill quickly to showcase strong leadership heading into the election, but some senators remain unconvinced.
“I want Trump to succeed,” said Senator Ron Johnson of Wisconsin. “But I can’t support something that could blow up our budget.”
Without unity, even a few GOP defections could derail the legislation. And if the Senate amends the bill significantly, sending it back to the House could trigger another showdown.
As it stands, Trump’s “beautiful bill” risks collapsing under the weight of its own political contradictions.

#TrumpBill , #TRUMP , #USPolitics , #USGovernment , #worldnews

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The United States and China will meet in London on June 9 to revive high-level trade discussions aimed at easing tensions over rare earth exports, advanced technologies, and mounting tariffs. The meeting follows a recent phone call between President Donald Trump and Chinese President Xi Jlnping.
Both sides have accused each other of backing away from the May Geneva agreement, which temporarily suspended tariffs exceeding 100%. After the call, Trump expressed optimism: "I expect the London meeting to go very well."

U.S. Delegation Led by Bessent, Lutnick, and Greer to Face Chinese Vice Premier
The American delegation will include Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson Greer, who are expected to meet with Chinese Vice Premier He Lifeng.
Lutnick’s participation could indicate Washington’s willingness to reconsider certain export controls viewed by Beijing as obstacles to long-term economic growth.

Rare Earths: Leverage, Strategy, and Supply Chain Pressure
In May, China boosted rare earth exports by 23% to 5,864.60 metric tons — the highest monthly volume in a year — despite earlier restrictions. This suggests certain exceptions remain in place.
📉 In contrast, magnet exports, crucial for electric motors and semiconductor manufacturing, fell by half in April, disrupting several European factories and raising alarm bells among chipmakers about looming shortages.
So far in 2025, China has exported 24,827 tons of 17 rare earth minerals — slightly up from 24,266 tons in the same period last year.

Both Powers Signal Openness to De-escalation
While Washington wants rare earth flows restored and technical trade barriers lifted, Beijing seeks tariff relief, loosened export restrictions, and more openness toward Chinese students.
Xi Jlnping, after the phone call, said he hopes the U.S. will “remove negative measures taken against China.” China’s Foreign Ministry confirmed that Trump expressed a warm welcome for Chinese students studying in the U.S.
At the same time, Chinese state media criticized the U.S. for viewing economic ties through a national security lens. In a sharp editorial, Xinhua warned that this mindset is “the greatest barrier to mutually beneficial cooperation” unless it changes.

Tariff Decisions Loom as Clock Ticks
The current U.S. tariff waiver on Chinese goods is set to expire in August, unless extended. The White House has hinted that Trump may reinstate April's higher tariff rates or even exceed the current 10% baseline.
Although the Trump–Xi phone call sparked brief optimism on Wall Street, investors remain cautious. So far, Trump has secured only one new trade agreement during his term — with the United Kingdom.

China’s Internal Struggles Fuel Desire for Stability
Even as Beijing uses export limits as a bargaining chip, it also faces domestic pressures: persistent deflation and rising unemployment.
This makes a lasting truce in trade tensions more valuable for Xi’s administration. The London talks could mark a turning point — both sides have much at stake, and much to gain.

#TRUMP , #chinavsusa , #TradeWars , #TradingCommunity , #worldnews

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“