In today’s recap, Marcello talks about Bitcoin surging past $100,000 for the first time, driven by optimism about President-elect Donald Trump creating a regulatory environment that supports cryptocurrencies. U.S. stock markets reached record highs this week as better than expected tech earnings boosted investor confidence, with companies highlighting the impact of artificial intelligence on their results. Meanwhile, Syria has officially fallen, and President Assad has been granted asylum in Russia. In response, Israel has launched strikes targeting military bases, defense systems, and […]
Ecuador
December 1: Coffee hit record highs, Stocks Best Month This Year, Germany says prepare for War (Recap ep298)
In today’s recap, Marcello talks about coffee prices hitting their highest levels since 1977, driven by record-breaking droughts in Brazil and Vietnam. U.S. stock markets had their best month of the year in November, capped by a Thanksgiving holiday break. Meanwhile, Germany has made headlines with a stark warning to corporations to “prepare for war,” adding a dramatic geopolitical twist to an already eventful week. U.S. stock markets posted their biggest monthly gains this year in November, as chip stocks rallied on […]
Ecuador: End To The Socialist Era Problematic, Even With The Departure Of President Correa
The first round of presidential elections in Ecuador, failed to deliver President Rafael Correa the result he desired. Held on February 19th the socialist candidate Lenin Moreno, failed to receive the 40% required, to prevent a second round in April. Correa has already threatened to dissolve both the executive and legislative branches of government, if Mr. Moreno is not elected president. President Correa may well decide to invoke an obscure procedural rule, that would in effect nullify the results of a national […]