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20.06.25 - 14:06
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Oil Fluctuates On Trump Two-Week Iran Buffer; SoftBank′s AI Bet | Bloomberg Brief 6/20/2025 (Bloomberg)
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US equity futures decline ahead of a $6.5 trillion triple witching event. Oil swings, looking to pare some of the week's gains on news that President Trump is backing down from an imminent strike on Iran, opting instead to wait two weeks to allow time for a diplomatic solution to the conflict with Israel. SoftBank has plans for a $1 trillion AI complex in Arizona. Texas lawmakers call for a delay to Tesla's robotaxi rollout. Seema Shah of Principal Asset Management says the Federal Reserve runs the risk of making a policy mistake if it hikes or cuts the rate too soon. Priya Misra of JPMorgan Asset Management says the Treasury curve is offering a good level of yield currently. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda. (Source: Bloomberg)...
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20.06.25 - 13:02
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Trump Signals He′ll Hold Off Iran Strike, SoftBank′s $1T US AI Hub Pitch | Bloomberg The Pulse 06/20 (Bloomberg)
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President Donald Trump will decide within two weeks whether to strike Iran, his spokeswoman said, as Israel hit more Iranian nuclear sites and warned its attacks may bring down the leadership in Tehran. “Based on the fact that there's a substantial chance of negotiations that may or may not take place with Iran in the near future, I will make my decision whether or not to go within the next two weeks,” Trump said in a dictated message, according to the White House. In corporate news, SoftBank Group founder Masayoshi Son is seeking to team up with Taiwan Semiconductor Manufacturing Co. to realize what could be his biggest bet yet — a trillion-dollar industrial complex in Arizona to build robots and artificial intelligence.
Today's guests: Isabelle Mateos Y Lago, BNP Paribas Chief Economist, Alessia Berardi, Amundi Investment Institute Emerging Macro Strategy Head, Elizabeth Monier, University of Cambridge Assistant Professor. (Source: Bloomberg)...
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17.06.25 - 07:24
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China′s delicate dance in the Iran-Israel war (IntelliNews)
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Beijing has long pursued a foreign policy of non-intervention in the domestic affairs of others, and multipolar diplomacy, particularly in the Middle East. But the deepening crisis between Iran and Israel has tested these principles....
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02.09.24 - 23:21
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Turkey Formally Requests To Join BRICS, Citing Frustration In EU Bid (ZeroHedge)
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Turkey Formally Requests To Join BRICS, Citing Frustration In EU Bid
Via The Cradle
Turkey has formally requested to join the BRICS group of emerging economies, Bloomberg cited informed sources as saying on Monday.
Ankara "seeks to bolster its global influence and forge new ties beyond its traditional Western allies," the sources said. President Recep Tayyip Erdogan believes “that the geopolitical center of gravity is shifting away from developed economies" and that the push to join BRICS "reflects its aspirations to cultivate ties with all sides in a multipolar world, while still fulfilling its obligations as a key member of NATO."
Image source: X
Turkish Foreign Minister Hakan Fidan said in early June that BRICS serves as a good alternative to the EU. Later that month, he confirmed that dialogue between Ankara and BRICS nations was ongoing – coming as Turkish frustration continued to grow due to stalled efforts to join the EU.
While Turkey has long been a member of NATO, acce...
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28.07.24 - 14:30
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Escobar: China Throws Clout Behind Palestine (ZeroHedge)
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Escobar: China Throws Clout Behind Palestine
Authored by Pepe Escobar via The Cradle,
The Beijing Declaration cements the idea that global conflict resolution is now Made in China. But it also throws a wrench in US–Israeli efforts to manufacture a collaborator Palestinian government after the war in Gaza.
The Beijing Declaration, signed earlier this week, constitutes yet another stunning Chinese diplomatic coup, but the document goes far beyond affirming China's pull.
The gathering of representatives of 14 Palestinian factions to commit to full reconciliation showed the entire world that the road to solving intractable geopolitical problems is no longer unilateral: it is multipolar, multi-nodal, and features BRICS/Shanghai Cooperation Organization (SCO) member China as an inescapable leader.
The concept of China as a peacemaking superpower is now so established that after the Iran–Saudi Arabia rapprochement and the signing of the Beijing Declaration, Ukrainian Foreign Minister D...
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