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 […]
Taiwan
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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 […]
Taiwan In A Precarious Position As China’s Military Power Grows
The relationship with mainland China is what has dominated the politics of Taiwan, since the island became the last main redoubt of the Nationalists in 1949. The most important issue that divides the two main Taiwanese political parties 68 year later, remains how to manage an increasingly powerful China. The island’s founding party the conservative Kuomintang (KMT), still holds out the possibility that there will be an eventual reunification, with the rest of China. There are even some old time politicians that still […]