What's happening in the world ?
The following are some of the news items mentioned in the last few days:
- NASDAQ sinks by 4 percent. This could be the result of Trump saying that there could be recession in the near future.
- Tesla has fallen by more than 50 percent since December 2024 high
- Mark Carney will become Canada’s new PM
- KPMG had a global revenue of 38.4B USD last year
- There is a wide spread belief among economists that the 2T bazooka investment if the debt break proposal goes through under Merkz might not be a disaster.
- Fracking group backs Trump’s oil cry. They are willing to deliver at lower prices. In the last few months, price of oil has fallen to 50 USD a barrel
- Bluecrest capital management has gained almost 15 percent so far this year through bets on currency and bond markets, racing ahead of some of its prominent rivals
- Llyod’s of London expects 2.3B loss from Los Angeles fire disaster