BIG BREAKING! 🚨💵🪦 CHINA JUST BYPASSED SWIFT — And the U.S. Dollar with It. In a historic move, The People’s Bank of China has officially launched a global digital payment network powered by the digital RMB, connecting: ➡️ 10 ASEAN nations ➡️ 6 Middle Eastern countries ➡️ And covering a staggering 38% of global trade. #TrumpTariffs
After a recent stock market decline, investors are reminded of the importance of a balanced investment portfolio. Diversification involves spreading investments across different asset classes like stocks, bonds, and real estate to mitigate risk. Financial advisors recommend rebalancing portfolios regularly to maintain diversification and capitalize on market fluctuations. #DiversifyYourAssets
Powell addresses Trump's tariffs, says Fed must curb inflation
Investors hoping the Federal Reserve will quickly lower interest rates to rescue a wobbly economy and sinking stock market from President Donald Trump'sweeping tariffs may be disappointed.
Noting that tariffs could both push up inflation and slow the economy, Federal Reserve Chair Jerome Powell said Friday the central bank will be especially vigilant about keeping inflation in check. #PowellRemarks
The tariff announcement has led to a broader market sell-off, with the S&P 500 and Nasdaq falling more than 2% and 3%, respectively.
The future direction of the trade war remains uncertain, with the U.S. and its allies, including the European Union, weighing their next moves. #CryptoTariffDrop
Justin Sun Addresses TUSD Financial Concerns Amid Legal Dispute According to BlockBeats, Justin Sun clarified in an interview with Sing Tao that Techteryx Ltd. is not part of his business holdings. When asked about his involvement, Sun explained that TUSD has a global user base of 5 million, and any inability to convert TUSD to cash could trigger a significant financial crisis. #BlockBeats #TUSD