We have a deal!
Among the $200B Swiss investment pledges, the US representative cites pharmaceuticals, the gold industry, and even the railway sector.
The 🇺🇸 Senate just passed a bill to fund the government and end the longest shutdown in U.S. history
The bill which passed 60-40 will now be sent to the House of Representatives ... If it passes in both chambers of Congress, it will head to President Donald Trump to be signed into law - CNBC, Evan
Senate reaches deal to end government shutdown
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🌍 G7 vs BRICS: The Global Power Shift Is On ⚖️
1️⃣ 💰 Debt: G7’s debt-to-GDP is 120%+, while BRICS sits around 60% — more fiscal freedom, less dependence on borrowing. 2️⃣ 👶 Demographics: G7 is aging fast, but BRICS nations enjoy a younger, growing workforce driving productivity and innovation. 3️⃣ ⚡ Energy Advantage: BRICS benefits from lower energy costs — a huge edge as AI ⚙️ and data centers drive up global power demand. 4️⃣ 📊 Fiscal Models: G7 relies on asset inflation & deficits to sustain wealth, while BRICS focuses on real income, production, and investment. 5️⃣ 🌏 Economic Gravity: At PPP, BRICS’ share of global GDP is set to surpass G7, shifting the world’s economic center eastward. 6️⃣ 🏅 Monetary Resilience: BRICS is exploring gold-backed systems and private gold ownership — a hedge against the West’s paper-asset dependence. 💡 Bottom line: The future of growth, energy, and real wealth is tilting east — and the world order is quietly being rewritten. ✨ Source : The Economist
The government shutdown is officially the longest one ever...
Source: zerohedge
Most Supreme Court justices are skeptical of Trump’s tariffs.
Three conservative justices questioned Trump’s use of an emergency-powers law to collect tens of billions of Dollars in tariffs a month. A decision against Trump could force >$100bn in refunds and remove a major burden on the US importers that are paying the tariffs. Source: HolgerZ
🚨 Breaking: New York City just made history.
Zohran Mamdani — a democratic socialist who built his campaign around the rising cost of living — has been elected Mayor of New York City. Across the U.S., Democrats swept major elections in a stunning rebuke to Donald Trump and his Republican Party. From New Jersey to Virginia, the message from voters was clear: economic frustration is real, and leadership that listens matters. This election wasn’t just about politics. It was about people feeling squeezed, families struggling, and voters demanding change. With one year until the next midterms, Democrats suddenly have momentum — and Trump has a warning sign flashing bright red. In the words of political analyst Charlie Cook: “There are just a lot of voters of all different shapes, sizes and colours, who are ticked off by Trump.” 1 million New Yorkers just voted for a radical shift — in the city that symbolizes global capitalism itself. Source: FT
Yesterday was day 35 of the government shutdown, tying it for the longest ever.
Source: Ryan Detrick
