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World's biggest economies in 2028, projected by IMF:
🇺🇸 United States: $32.3 trillion
🇨🇳 China: $27.4 trillion
🇮🇳 India: $5.5 trillion
🇯🇵 Japan: $5.3 trillion
🇩🇪 Germany: $5 trillion
🇬🇧 United Kingdom: $4.2 trillion
🇫🇷 France: $3.3 trillion
🇧🇷 Brazil: $2.7 trillion
🇨🇦 Canada: $2.6 trillion
🇮🇹 Italy: $2.4 trillion
🇷🇺 Russia: $2.2 trillion
🇰🇷 South Korea: $2.1 trillion
🇮🇩 Indonesia: $2 trillion
🇦🇺 Australia: $2 trillion
🇲🇽 Mexico: $2 trillion
🇪🇸 Spain: $1.7 trillion
🇹🇷 Turkey: $1.3 trillion
🇳🇱 Netherlands: $1.2 trillion
🇸🇦 Saudi Arabia: $1.2 trillion
🇨🇭 Switzerland: $1.1 trillion
🇵🇱 Poland: $1 trillion
🇹🇼 Taiwan: $0.99 trillion
🇳🇬 Nigeria: $0.9 trillion
🇹🇭 Thailand: $0.7 trillion
🇮🇪 Ireland: $0.7 trillion
🇧🇩 Bangladesh: $0.7 trillion
🇻🇳 Vietnam: $0.7 trillion
🇦🇷 Argentina: $0.7 trillion
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China becomes the first country to produce 10 million electric vehicles (EVs) in a single year.
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US manufacturing is struggling:
Manufacturing job openings fell by 13,000 in October, to 465,000, the lowest since September 2020.
Since April 2022, available vacancies in the manufacturing sector have dropped by a whopping 532,000.
In effect, they are now below the 2018 pre-pandemic levels.
In November, manufacturing jobs fell 61,000 year-over-year to 12.9 million, the second-lowest since August 2022.
This marks the 4th consecutive monthly decline in manufacturing employment.
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Warren Buffett's Berkshire Hathaway has a cash position of $325 Billion, or 30% of its total AUM, which is Buffett's largest allocation to cash since in 35 years
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Apple does it again, another all-time high 📈 $AAPL is now just $150 Billion away from becoming the first company to ever reach a market cap of $4 Trillion
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World's biggest economies by 2075, projected by Goldman Sachs:
🇨🇳 China: $57 trillion
🇮🇳 India: $52.5 trillion
🇺🇸 United States: $51.5 trillion
🇮🇩 Indonesia: $13.7 trillion
🇳🇬 Nigeria: $13.1 trillion
🇵🇰 Pakistan: $12.3 trillion
🇪🇬 Egypt: $10.4 trillion
🇧🇷 Brazil: $8.7 trillion
🇩🇪 Germany: $8.1 trillion
🇲🇽 Mexico: $7.6 trillion
🇬🇧 UK: $7.6 trillion
🇯🇵 Japan: $7.5 trillion
🇷🇺 Russia: $6.9 trillion
🇵🇭 Philippines: $6.6 trillion
🇫🇷 France: $6.5 trillion
🇧🇩 Bangladesh: $6.3 trillion
🇪🇹 Ethiopia: $6.2 trillion
🇸🇦 Saudi Arabia: $6.1 trillion
🇨🇦 Canada: $5.2 trillion
🇹🇷 Turkey: $5.2 trillion
🇦🇺 Australia: $4.3 trillion
🇮🇹 Italy: $3.8 trillion
🇲🇾 Malaysia: $3.5 trillion
🇰🇷 South Korea: $3.4 trillion
🇿🇦 South Africa: $3.3 trillion
🇹🇭 Thailand: $2.8 trillion
🇨🇴 Colombia: $2.6 trillion
🇵🇱 Poland: $2.5 trillion
🇦🇷 Argentina: $2.4 trillion
🇰🇿 Kazakhstan: $2.1 trillion
🇵🇪 Peru: $2.1 trillion
🇬🇭 Ghana: $1.5 trillion
🇨🇱 Chile: $1.2 trillion
🇪🇨 Ecuador: $0.7 trillion
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Ripple to donate $5 million in $XRP to President-elect Trump's inaugural fund.
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Rumble announces $775 million investment from Tether $USDT
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President-elect Trump says the "United States will cut hundreds of billions of dollars in spending next year."
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Russia says 90% of trade settlements with China are conducted in national currencies, and more than 50% with India.
"The dollar has discredited itself."
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Over $1.50 trillion was wiped out from the US stock market today.
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Russia remained the European Union's top Liquified Natural Gas supplier in October, delivering €701.5 million in gas.
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China executes official in $412 million corruption case.
China on Tuesday executed a 64-year-old former official who was convicted of bribery, state media reported.
Li Jianping, who served in the northern Inner Mongolia autonomous region, was convicted of corruption, bribery, misappropriation of public funds, and collusion with a criminal syndicate.
The 64-year-old official was given a death sentence in September 2022, which was upheld in August this year.
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Ethereum Foundation just sold 100 $ETH and has now sold a total of over $12.5 million worth this year
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🚨 ECB’s Rehn Sees Direction Clear on Rates as Inflation Stabilizes
Olli Rehn, a member of the European Central Bank's Governing Council, indicated that interest rates are expected to decline as inflation stabilizes around the 2% target. He emphasized that the direction of monetary policy is now clear, but the pace and extent of rate cuts will depend on incoming data and thorough analysis during each meeting. Rehn also expressed concerns regarding potential risks from U.S. trade policies.
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The IRS is sending up to $1,400 to 1 million tax filers who qualified for pandemic stimulus checks in 2021, but didn’t claim them, per CNBC.
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North Korean hackers stole $1,300,000,000 this year.
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There is a 40% chance that the Federal Reserve will pivot back to raising rates next year, warns Apollo Global Management
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Michael Saylor suggests Amazon founder Jeff Bezos buy $600 million worth of Bitcoin.
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Raise your hand if this has happened to you?
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India is the world's largest importer of Russian oil.
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Biden-Harris administration announces a $1,000,000,000 taxpayer funded financial package for the "Ecuadorian Amazon."
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Amazon workers officially begin nationwide strike, marking the largest strike against Amazon in US history.
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🥊 Usyk VS Fury
British GIANT Tyson Fury will go out for a REVENGE against the absolute world champion Alexander Usyk.
@WheelOfWhales — gives you the opportunity to bet their coins on this fight, DO NOT MISS your chance to increase the number of your coins, because you can sell them in future 💰
💲December 21 you can pick them up!
Chinese Banks raise mortgage rates for the first time in 3 years
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The US stock market is now worth a record $64 trillion, making it larger than all other global equity markets combined.
The market capitalization of the US equity market has doubled over the last 4 years.
Over the same time period, the value of all other stock markets has increased by ~$10 trillion or a mere 19%.
Furthermore, over the last 10 years, US markets have added $40 trillion in value, doubling the return seen in all other markets combined.
As a result, the US now reflects a record 74% of the MSCI World Index, even surpassing the 1970s high.
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President Biden calls for ban on congressional stock trading.
"Nobody in the Congress should be able to make money in the stock market while they're in the Congress."
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Apple is 5% away from hitting a $4 trillion market cap.
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China’s economy is experiencing its largest financial collapse since its 2002 emergence into the WTO. 10-yr Chinese govt bonds now yield 1.75% and 30-yr bonds are also below 2%. Banks are insolvent and leverage is 350% of ‘reported’ GDP. The first 14 trillion RMB fill a hole.
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