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What’s Next For Spain After PM Pedro Sanchez Threatened to Quit?
bloomberg.com/news/articles/2024-04-26/what-s-next-for-spain-after-pm-pedro-sanchez-threatened-to-quit
Quick Glance: Spain's PM faces pressure over wife's corruption probe
- A Madrid court confirmed an investigation against Begoña Gómez for alleged influence peddling and corruption.
- Sánchez criticized the complaint as part of a harassment campaign against his wife.
- The probe relates to Gómez's ties to companies that received government funding.
- The opposition pushed for a statement from her regarding the investigation.
Stock Market Today: Dow, S&P Live Updates for April 26: A rally in the world’s largest technology companies lifted stocks, with Wall Street also breathing a sigh ...
bloomberg.com/news/articles/2024-04-25/stock-market-today-dow-s-p-live-updates
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Stock Market Today: Dow, S&P Live Updates for April 26: A rally in the world’s largest technology companies lifted stocks, with Wall Street also breathing a sigh ...
bloomberg.com/news/articles/2024-04-25/stock-market-today-dow-s-p-live-updates
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Singapore Bank Fires Workers Over Misuse of Medical Claims: CNA: Bank of Singapore Ltd., the private-banking arm of Oversea-Chinese Banking Corp. ...
bloomberg.com/news/articles/2024-04-27/singapore-bank-fires-workers-over-misuse-of-medical-claims-cna
Yen (JPY) Short Bets Hit a Record Ahead of BOJ Meeting: Traders upped bearish yen positions to a record high in the days ahead of the Bank of Japan’s policy ...
bloomberg.com/news/articles/2024-04-26/yen-traders-boosted-shorts-to-fresh-record-ahead-of-boj-meeting
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US Consumer Sentiment Falls as Inflation Expectations Climb: US consumer sentiment fell in April on dimmer views of personal finances and the economy as ...
bloomberg.com/news/articles/2024-04-26/us-consumer-sentiment-falls-as-inflation-expectations-climb
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US Small-Business Rent Delinquencies Rise to a Three-Year High: The delinquency rate for US small businesses climbed to a three-year high this month ...
bloomberg.com/news/articles/2024-04-26/us-small-business-rent-delinquencies-rise-to-a-three-year-high
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Starbucks and US workers' union meet for contract negotiations: Starbucks held contract negotiations with the Workers United union over a two-day session in ...
reuters.com/business/retail-consumer/starbucks-us-workers-union-meet-contract-negotiations-2024-04-26/
Tech Rally Propels Emerging Stocks to Best Week Since July: Emerging-market stocks rose Friday, cementing their biggest weekly advance in nine months ...
bloomberg.com/news/articles/2024-04-26/em-stocks-head-for-best-week-since-july-on-us-tech-spillover
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Ben-Gvir, Israeli far-right minister, in car accident: The controversial National Security Minister was taken to hospital after his car overturned.
bbc.com/news/world-middle-east-68908413
The Anglosphere has an advantage on immigration: English-speaking countries generally do better at both attracting and integrating talent
ft.com/content/c6bb7307-484c-4076-a0f3-fc2aeb0b6112
UMB Financial in Talks to Acquire Rival Bank Heartland: UMB Financial Corp. is in talks to acquire rival Heartland Financial USA Inc., people with knowledge of ...
bloomberg.com/news/articles/2024-04-26/umb-financial-in-talks-to-acquire-rival-bank-heartland
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US Bitcoin (BTC) ETFs Suffer One of Worst Outflows as Token Wavers: Investors pulled a net $218 million from US Bitcoin exchange-traded funds ...
bloomberg.com/news/articles/2024-04-26/us-bitcoin-btc-etfs-suffer-one-of-worst-outflows-as-token-wavers
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US economy grew less than expected in first quarter at 1.6% rate: Higher than expected price pressures cast doubt on potential for Fed rate cuts
ft.com/content/f9e3ebdd-0977-4b12-84cd-25c7380f91cb
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Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
- Investors cast doubt on a Fed rate cut before September.
- Expectations are now fully priced in for a rate cut on November 6-7.
- The shift in market expectations stemmed from inflation and growth data.
- There is now an estimated 75 percent likelihood of a Fed rate cut by September.
Drop in BOJ’s Bond Holdings Gives Market Taste of Quantitative Tightening: Investors in Japanese government bonds have already had a taste of quantitative ...
bloomberg.com/news/articles/2024-04-26/drop-in-boj-s-bond-holdings-gives-market-taste-of-quantitative-tightening
Dovish BOJ Decision Paves Way for Even Weaker Yen, Analysts Say: The Bank of Japan largely left its monetary policy settings unchanged Friday ...
bloomberg.com/news/articles/2024-04-26/dovish-boj-decision-paves-way-for-even-weaker-yen-analysts-say
US Economic Growth Isn't Helping Biden Reelection Campaign Due to Inflation: The latest good news and bad news about the US economy is just plain bad news ...
bloomberg.com/news/articles/2024-04-26/growth-plus-inflation-economy-is-a-lose-lose-for-biden
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Yellen says economy performing well, inflation will ebb: Treasury Secretary Janet Yellen said on Thursday that the U.S. economy "continues to perform very ...
reut.rs/3QePZz6
Snap Stock Jumps After Sales Projections Beat Estimates on Ads: Snap Inc. gained in extended trading after projecting that revenue in the current quarter will ...
bloomberg.com/news/articles/2024-04-25/snap-projects-sales-that-tops-estimates-on-improved-ad-business
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Walmart’s Rob Walton to Retire From Board: Chipotle CEO Brian Niccol will replace his spot on the board of directors.
barrons.com/articles/walmart-rob-walton-retire-board-26c3cd33
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Bill Gross Says Stick to Value Stocks, Avoid Tech as Treasury Yields Soar: Bill Gross offered some advice to investors as Treasuries and equities slumped ...
bloomberg.com/news/articles/2024-04-25/bill-gross-says-stick-to-value-over-tech-as-us-yields-soar
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US Treasury Yields Rise as Price Pressures Cast Doubt on Fed Rate-Cut Path: Treasury yields rose to 2024 highs as evidence of sticky US price pressures casts ...
bloomberg.com/news/articles/2024-04-25/treasuries-hold-losses-after-seven-year-sale-meets-expectations
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China Overseas Investment Is at Eight-Year High as Firms Build Factories Abroad: China’s overseas investment is heading for an eight-year high as its dominant ...
bloomberg.com/news/articles/2024-04-25/china-firms-are-investing-abroad-at-fastest-pace-in-eight-years
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Cooler US GDP Growth Obscures Resilient Demand From Consumers, Businesses: The surprisingly sharp downshift in US economic growth last quarter masked otherwise ...
bloomberg.com/news/articles/2024-04-25/cooler-us-gdp-growth-obscures-resilient-demand-from-consumers-and-businesses
Pantera Capital Seeks to Raise $1 Billion for a New Crypto Fund: Pantera Capital, one of the largest managers of digital assets, is seeking to raise more than $1 ...
bloomberg.com/news/articles/2024-04-25/pantera-capital-seeks-to-raise-1-billion-for-a-new-crypto-fund
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The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
Israeli minister Ben-Gvir slightly hurt in car accident: Israel's hardline security minister Itamar Ben-Gvir was slightly hurt in a car accident and taken to ...
reuters.com/world/middle-east/israeli-minister-ben-gvir-slightly-hurt-car-accident-2024-04-26/
Smokeless Products Are the Future of Big Tobacco. This Company Is Losing the Race.
on.barrons.com/3y3rpdW
Ukraine Detains First Minister in Zelenskiy’s Graft Crackdown: Ukraine’s agriculture minister became the first cabinet member under Volodymyr Zelenskiy’s ...
bloomberg.com/news/articles/2024-04-26/ukraine-detains-first-minister-in-zelenskiy-s-graft-crackdown
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Gold Continues to Boom. The Major Buyer: Central Bankers: Central banks have long been supporting players in the demand for gold. But the sanction on dollar ...
on.barrons.com/3xSUbhu
Traders See Cocoa Rally Top $15,000 on Lingering Supply Shortage: Cocoa prices have been on a tear this year and the rally may have even more room to run as bean ...
bloomberg.com/news/articles/2024-04-25/traders-see-cocoa-rally-top-15-000-on-lingering-supply-shortage
G42 Allies With US Over China in Global AI Conflict: Abu Dhabi-based G42 found it could no longer play for both teams.
bloomberg.com/news/articles/2024-04-25/g42-allies-with-us-over-china-in-global-ai-conflict
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The Dream of Fed Rate Cuts Is Slipping Away: Investors are backing away from expectations that the central bank can reduce rates in coming months ...
wsj.com/economy/central-banking/the-dream-of-fed-rate-cuts-is-slipping-away-55903ca5
Household Debt Hits Record High As Indians Splurge, Study Shows: India’s household debt likely surged to a record in the final three months of last year ...
bloomberg.com/news/articles/2024-04-25/household-debt-hits-record-high-as-indians-splurge-study-shows
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Here's Who's Winning the Global Fight for AI Talent: Inside the competition for top-tier researchers.
bloomberg.com/news/articles/2024-04-25/here-s-who-s-winning-the-global-fight-for-ai-talent
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Poland’s foreign minister says Putin should fear a war with NATO: In a speech Thursday, Poland’s Foreign Minister, Radoslaw Sikorski said Russian President ...
trib.al/slBku6p
CSU general on nuclear files: Habeck "no longer acceptable" as minister: An influential network of the Greens has evidently secured the nuclear phase-out in ...
focus.de/politik/deutschland/csu-general-zu-atom-akten-habeck-als-minister-nicht-mehr-tragbar_id_259886215.html
Quick Glance: CDU Official Demands Halt to Nuclear Power Plant Decommissioning
- A revelation from "Cicero" magazine indicates that the decision for Germany's nuclear phase-out was primarily driven by green anti-nuclear activists, sparking harsh criticism towards Economy Minister Robert Habeck.
- The Economy Ministry refutes the "Cicero" portrayal, emphasizing that decisions were based on transparent and open-ended evaluations.
- The CDU and FDP criticize Habeck, calling for clarification and a reassessment of the nuclear power plant decommissioning.
- Experts and politicians express concerns over potential public misrepresentation and the erosion of trust in the government due to the revelations from the documents.
Humza Yousaf says he won’t resign as Scotland’s First Minister amid threats of being ousted
news.stv.tv/politics/humza-yousaf-cancels-scottish-independence-speech-as-he-considers-position-as-first-minister
Controversy over the nuclear phase-out: Habeck claims to have discussed extending the life of nuclear power plants before the outbreak of war
spiegel.de/politik/deutschland/robert-habeck-will-vor-kriegsausbruch-ueber-laufzeitverlaengerung-von-akws-gesprochen-haben-a-4bc2be74-76dd-428b-94ab-90f595ec23bf
Ukraine agriculture minister released on bail in $7m corruption case: Ukraine has pledged to bolster its anticorruption efforts as part of its bid for European ...
aljazeera.com/news/2024/4/26/ukraine-detains-agriculture-minister-in-7m-corruption-case
Land Combat System MGCS: The Tank Crackers: Germany and France want to develop battle tanks of the future. Now really, ministers Pistorius and Lecornu assert - ...
spiegel.de/politik/deutschland/boris-pistorius-und-sebastien-lecornu-deutschland-und-frankreich-wollen-kampfpanzer-entwickeln-a-3fd3e57d-358c-47a4-a30d-4fbd53841f22
Israel's Smotrich urges 'complete destruction' of Gaza instead of truce talks
middleeasteye.net/news/israel-far-right-minister-calls-complete-destruction-gaza
Thousands in Budapest protest to demand child-protection reform: Thousands took to the streets in downtown Budapest on Friday to demand child-protection reform ...
reuters.com/world/europe/thousands-budapest-protest-demand-child-protection-reform-2024-04-26/
Scottish First Minister Yousaf promises to fight no-confidence vote: SNP leader says ‘confident’ to win vote as pressure builds following decision to end ...
aljazeera.com/news/2024/4/26/scottish-first-minister-yousaf-promises-to-fight-no-confidence-vote
'Negative' factors building in US-China ties, foreign minister Wang tells Blinken
channelnewsasia.com/world/us-china-ties-wang-blinken-beijing-talks-4293906
Quick Glance: Xi and Blinken Clash Over China's Backing to Russia
- Xi orders China’s biggest military reorganisation since 2015.
- He emphasizes that China is not afraid of competition as long as it is based on common progress.
- China is willing to cooperate with the US, provided it is mutual.
- A five-point consensus was reached to stabilize relations between the two countries.
Scotland's first minister to cancel event as he fights for his future: Scotland's First Minister Humza Yousaf is to cancel a speech he was due to deliver on ...
news.sky.com/story/scotlands-first-minister-to-cancel-event-as-he-fights-for-his-future-13123176
Polish FM: Restoring Ukraine's internationally recognized borders is scenario for resolving war - Euromaidan Press
euromaidanpress.com/2024/04/26/polish-fm-restoring-ukraines-internationally-recognized-borders-is-scenario-for-resolving-war/
Ukraine court orders agriculture minister into custody for suspected corruption: A Ukrainian court ordered on Friday for Agriculture Minister Mykola Solsky to be ...
go.france24.com/EdG
With war in Ukraine on its border, Poland should be among countries setting EU agenda, minister says
apnews.com/article/poland-foreign-policy-ukraine-sikorski-dd5dce48f3821eaf8789496848427919
Quick Glance: Poland's Assertive Stance in Europe Amid Russian Threat
- Poland's foreign minister urged NATO to increase defense readiness and expressed the desire for central decision-making in the EU amidst the Ukraine conflict.
- Sikorski highlighted the benefits of EU membership and emphasized Poland's goal to be part of the countries shaping Europe, not defending against it.
- He praised French President Macron's support for Ukraine and called for more military aid from Paris, while condemning Russia's attempts to create conflict between Poland and Ukraine.
- Sikorski underlined the West's superiority in case of a Russian attack and criticized the previous government's policies, aiming to restore Poland's international standing and democratic norms.
Chinese President Xi to Visit Hungary on May 8-10, Minister Says: Chinese President Xi Jinping will visit Hungary from May 8 to 10 as part of a trip to Europe ...
bloomberg.com/news/articles/2024-04-25/chinese-president-xi-to-visit-hungary-on-may-8-10-minister-says
Two horses who bolted and galloped across London in 'serious condition': An MP said the military horses running loose through London was an 'exceptional' ...
itv.com/news/2024-04-25/two-horses-who-bolted-and-galloped-across-london-in-serious-condition
Quick Glance: London Chaos: Military Horses Run Wild
- Five military horses bolted during an exercise near Buckingham Palace, causing chaos in central London streets.
- The horses were spooked by noise from a construction site, threw off their riders, and collided with vehicles.
- Three injured soldiers were hospitalized, but none of the injuries were life-threatening.
- The horses were captured shortly after and taken back to the barracks for medical tests.
Ben Gvir asks police to 'protect Jewish communities outside of Israel': Far-right minister wants emergency security response squads to aid Jewish ...
middleeasteye.net/news/ben-gvir-police-protect-jewish-communities-outside-israel
‘Create harmony’: Q&A with China’s Foreign Minister Wang Yi: Wang Yi sat down with Al Jazeera to outline his country’s approach to international conflict ...
aljazeera.com/news/2024/4/25/create-harmony-qa-with-chinas-foreign-minister-wang-yi
Dispute over climate policy: Scottish coalition government collapsed: The Scottish SNP is ending its collaboration with the Greens. First Minister Humza Yousaf ...
spiegel.de/ausland/schottland-regierungskoalition-aus-gruenen-und-snp-zerbrochen-a-4843bced-bf05-49c5-b1d1-d9bee1078272
UK minister appears to mix up Rwanda and Congo on Question Time: Chris Philp gets confused over neighbouring countries when discussing government’s Rwanda ...
theguardian.com/uk-news/2024/apr/26/uk-minister-chris-philp-appears-to-mix-up-rwanda-and-congo-on-question-time
Hospitals asked to make more than $80m in savings by July, RNZ understands: The central health agency is asking hospitals to save more than $80m by July as part ...
rnz.co.nz/news/national/515274/hospitals-asked-to-make-more-than-80m-in-savings-by-july-rnz-understands
Russia will inevitably lose if it attacks any NATO state – Polish foreign minister
pravda.com.ua/eng/news/2024/04/25/7452910/
US TikTok Divest-or-Ban Bill Raises Questions of How China Will Respond: Now that President Joe Biden has signed off on a law that could expel TikTok from the US ...
bloomberg.com/news/articles/2024-04-24/tiktok-ultimatum-puts-us-firms-in-firing-line-for-china-response
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
Revival in Japanese Stock Market Hinges on Domestic Demand Taking Hold: Japan’s stock market needs to see more domestically-oriented companies step up their game ...
bloomberg.com/news/articles/2024-04-25/revival-in-japanese-stock-market-hinges-on-domestic-demand-taking-hold
Stock Market Today: Dow, S&P Live Updates for April 25: Asian equity markets dropped after Meta Platforms Inc.’s disappointing outlook raised concern on whether ...
bloomberg.com/news/articles/2024-04-24/stock-market-today-dow-s-p-live-updates
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Quick Glance: Current Stock Market Trends: Dow, S&P Updates for April 24
- Major tech giants experienced a downturn in late hours following disappointing forecasts from Meta Platforms Inc., raising concerns about the stock market's trajectory.
- Before the results, the broader market struggled to gain momentum as traders prepared for economic data that will influence views on the Federal Reserve's next moves.
- Investors withdrew around $200 million from value-based ETFs this month, while growth stocks attracted over $3 billion in inflows.
- JPMorgan Chase & Co. is signaling a clear buy indication for US stocks after reaching a threshold that typically precedes above-average gains.
Jefferies CEO Just Sold $65 Million of Company Stock. He’s Buying a Yacht.: Jefferies CEO Rich Handler said the boat will be a “gift to myself and my family” and ...
barrons.com/articles/jefferies-ceo-stock-yacht-0bbe9020
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US Births Fell Last Year to Lowest Total Since 1979, Report Says: US births declined in 2023 to their lowest level in more than 40 years, continuing a two-decade ...
bloomberg.com/news/articles/2024-04-25/us-births-fell-last-year-to-lowest-total-since-1979-report-says
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Good News for Biden on Growth, Bad News on Inflation Fight: This is Washington Edition, the newsletter about money, power and politics in the nation’s capital ...
bloomberg.com/news/newsletters/2024-04-24/good-news-for-biden-on-growth-bad-news-on-inflation-fight
US Stock Market Uncertainty Has Traders Buying Put Options to Hedge Portfolios: Stock market investors who have been reluctant to hedge their portfolios in the ...
bloomberg.com/news/articles/2024-04-24/reluctant-traders-protect-themselves-from-further-market-mayhem
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Merck to Report Earnings One Month After Major Drug Approval. What Investors Are Watching.
on.barrons.com/3xRK64u
GE Stock Rises Above 2008 Levels. Wall Street Is Staying Bullish.
barrons.com/articles/ge-stock-wall-street-bullish-ae94bab6
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Investors Balk at Private Equity Firms Borrowing Against Their Funds’ Assets: Private equity firms are attempting to get blanket permission to borrow against ...
bloomberg.com/news/articles/2024-04-24/investors-balk-at-pe-firms-borrowing-against-their-funds-assets
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US Oil Refiners’ Profits Seen Taking Hit on Gloomy Outlook (MPC, PSX, VLO): US oil refiners that have been among this year’s strongest S&P 500 performers are ...
bloomberg.com/news/articles/2024-04-24/oil-refining-profits-seen-at-two-year-lows-on-gloomy-outlook
Cocoa Price Swings Are the Craziest Since the 1970s: Cocoa resumed gains in New York, with prices the most volatile in almost five decades amid uncertainty over ...
bloomberg.com/news/articles/2024-04-24/cocoa-price-swings-are-the-craziest-since-the-1970s
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Bitcoin Rises. Why Tesla and Meta Earnings Could Help—or Hurt—Cryptos.: Bitcoin correlation to the stock market and wider risk sentiment puts Big Tech earnings ...
on.barrons.com/49Wz4Ih
Argentina seeks arrest of Iranian minister over 1994 bombing of Jewish community center
cnn.com/2024/04/24/americas/amia-bombing-argentina-interpol-iran-minister-intl-latam/
Quick Glance: Iran's President's Visit to Sri Lanka
- Iranian President Ebrahim Raisi visited Sri Lanka on April 24, promising to strengthen ties with the South Asian country.
- Argentina requested the arrest of Iranian Interior Minister Ahmad Vahidi for his alleged involvement in a 1994 attack on a Jewish community center in Buenos Aires.
- Sri Lanka and Iran are set to sign five agreements, including one related to a hydroelectric project.
- Iran's Interior Minister returned from Pakistan prematurely, signaling a setback for Iran as it faces consequences for its actions worldwide.
Habeck raises growth forecast to 0.3 percent: The government is raising its growth forecast for the current year slightly. There are “signs of a slight economic ...
zdf.de/nachrichten/politik/deutschland/wachstumsprognose-anhebung-habeck-100.html
Russia detains deputy of defence minister Shoigu for corruption: Russian security services detained one of Defence Minister Sergei Shoigu's deputies on suspicion ...
reut.rs/4d8ChYj
Russian deputy defense minister detained on suspicion of bribery: Russian Deputy Defense Minister Timur Ivanov has been detained for allegedly taking a bribe ...
cnn.com/2024/04/24/europe/russian-minister-timur-ivanov-detained-bribery-intl/
Quick Glance: Detention of Russia's Deputy Defense Minister on Suspicion of High Treason
- Timur Ivanov, Russia's deputy defense minister, is suspected of high treason and bribery, facing a possible 15-year sentence.
- Ivanov's arrest sparked speculation about a potential purge within Moscow's elite circle, especially given his close relationships with Defense Minister Sergei Shoigu and Kremlin spokesperson Dmitry Peskov.
- Independent Russian media outlets report corruption allegations against Ivanov and his family, stemming from kickbacks on ministry-related contracts.
- Ivanov is also alleged to have profited from construction projects in the Ukrainian city of Mariupol, which fell under Moscow's control after a prolonged siege. His arrest came shortly after a meeting with Shoigu and other defense ministry officials.
Cuban Deputy Foreign Minister: Deliberate U.S. Policy of “Destroying Cuban Economy” Drives Migration
democracynow.org/2024/4/24/carlos_fernandez_de_cossio
Trump 2.0: How US allies are preparing for a second term: Germany is waging a charm offensive inside the Republican Party. Japan is lining up its own Trump ...
reuters.com/world/us/trump-20-how-us-allies-are-working-iron-out-bugs-2024-04-24/
Senior Russian Military Official Held on Corruption Charges Involving Defense Deals
wsj.com/world/russia/senior-russian-military-official-held-on-corruption-charges-involving-defense-deals-1c232b85
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