🇺🇸 President Trump to unveil $1.5 trillion defense budget, the largest yearly US military spending increase since World War II, Reuters reports.

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🇺🇦🇮🇷 Ukrainian President Zelensky offers to help reopen the Strait of Hormuz.

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🇪🇺 EU Energy Commissioner says energy prices will remain high for a very long time.

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🇺🇸 US unemployment rate falls to 4.3%, lower than expectations.

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📊 Market Overview:

SPX: $6582
NASDAQ: $21879
DXY: $100

Gold: $4651
Silver: $72
Bitcoin: $67087

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🇩🇪 Germany now requires all men aged 17-45 to get permission from the military before leaving the country for more than 3 months.

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🚨🚨 Hedge Funds dumped Global Stocks last month at the fastest pace in more than 12 years.

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🇺🇸🇮🇷 Trump says Iran has 48 hours to make deal or US will unleash 'Hell'.

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🇹🇷 Turkey dumped 120 tons of Gold over the last 3 weeks to support their currency, and the Turkish Lira still fell to an all-time low.

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🚨🚨 World Food Price Index surges to a 6-month high.

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🇺🇸🇪🇺 US-Europe alliance is reaching a breaking point over Iran war, WSJ reports.

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🇮🇷 Iran responds to President Trump threatening to "reign hell" on Iran if the Strait of Hormuz is not opened in 48 hours:

"The entire region will become a hell for you if escalation continues," Iran says.

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📊 UBS forecasts gold recovery on strong fundamentals with $5,900 year-end target.

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🇮🇹 Netflix $NFLX ordered to reimburse Italian subscribers after court rules price hikes were illegal.

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🇦🇺 Australia will provide up to A$1 billion in interest-free loans to critical businesses due to the energy shock.

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🇵🇰 Pakistan has agreed to repay a $2 billion loan to the UAE by the end of this month. UAE has asked for the immediate return of the funds.

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🇷🇺 Russia's Kirill Dmitriev says oil prices may rise over $150 per barrel "within the next two weeks."

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🇺🇸🇮🇷 US President Trump says he has given Iranian negotiators "immunity from death," Fox News reports.

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🇺🇸 President Trump's "48 hour deadline" has just been extended to 82 hours for Iran.

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