Jerry Lin
The Latest
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Roadblock Redux! FTC Scrambles to Delay Microsoft's Activision Blizzard Acquisition
The journey for Microsoft's acquisition of Activision Blizzard has been hit with more turbulence. 
The journey for Microsoft's acquisition of Activision Blizzard has been hit with more turbulence. -
Rice Crisis Looms! India, World's Largest Rice Exporter, Mulls Over Halting 80% of Exports
India, the world's largest exporter of rice, is contemplating a ban on the export of most of its rice varieties in response to rising domestic prices. The government's intention is to avert the risk of worsening inflation. This potential move could further escalate the already soaring global rice prices, which are at a two-and-a-half-year high due to the impacts of El Niño in Asia. 
India, the world's largest exporter of rice, is contemplating a ban on the export of most of its rice varieties in response to rising domestic prices. The government's intention is to avert the risk of worsening inflation. This potential move could further escalate the already soaring global rice prices, which are at a two-and-a-half-year high due to the impacts of El Niño in Asia. -
Russia Outpaces Saudi Arabia to Reclaim Top Oil Producer Title as Production Cuts Take Effect
On Thursday, July 13, the International Energy Agency (IEA) reported that Saudi Arabia's crude oil output will fall below that of Russia due to the impact of voluntary production cuts. This will allow Russia to reclaim the throne of the world's largest oil producer after two years. 
On Thursday, July 13, the International Energy Agency (IEA) reported that Saudi Arabia's crude oil output will fall below that of Russia due to the impact of voluntary production cuts. This will allow Russia to reclaim the throne of the world's largest oil producer after two years. -
Yen's Big Rebound: Market Anticipates Japan's Central Bank to Adjust YCC Policy as Early as This Month
Since the beginning of the month, the yen has seemingly reversed its long-term downtrend, beginning a strong rally. After a robust rally for five consecutive trading days, the yen held its ground above 140 against the U.S. dollar on Thursday, July 13. 
Since the beginning of the month, the yen has seemingly reversed its long-term downtrend, beginning a strong rally. After a robust rally for five consecutive trading days, the yen held its ground above 140 against the U.S. dollar on Thursday, July 13. -
Celsius Network's Fall from Grace: A Tale of Fraud, Arrests, and a Record $4.7 Billion Settlement
In a shocking turn of events, Alex Mashinsky, the founder and former CEO of the now-bankrupt cryptocurrency lender Celsius Network, was arrested and charged with fraud. This development was announced by a U.S. prosecutor in New York, as three federal regulatory agencies, including the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Federal Trade Commission (FTC), filed lawsuits against Mashinsky and his company. 
In a shocking turn of events, Alex Mashinsky, the founder and former CEO of the now-bankrupt cryptocurrency lender Celsius Network, was arrested and charged with fraud. This development was announced by a U.S. prosecutor in New York, as three federal regulatory agencies, including the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Federal Trade Commission (FTC), filed lawsuits against Mashinsky and his company. -
Crypto Conundrum: Bitcoin's Uncertain Path Amid Market Anticipations and Inflation Dynamics
In a surprising turn of events, Bitcoin, the world's leading cryptocurrency, has been caught in a whirlwind of economic factors that have left investors scratching their heads. Despite a significant slowdown in U.S. inflation, which should have been a boon for Bitcoin, the cryptocurrency's price has remained stubbornly below the $31,000 mark. 
In a surprising turn of events, Bitcoin, the world's leading cryptocurrency, has been caught in a whirlwind of economic factors that have left investors scratching their heads. Despite a significant slowdown in U.S. inflation, which should have been a boon for Bitcoin, the cryptocurrency's price has remained stubbornly below the $31,000 mark. -
Uncertainty Clouds Manchester United Ownership Bid as Ratcliffe Considers FC Barcelona
The tumultuous sale process of English Premier League club Manchester United continues, with leading contenders Sir Jim Ratcliffe and Sheikh Jassim bin Hamad al-Thani yet to reach a decisive stage. However, recent developments suggest that Ratcliffe might pivot his focus away from the English club. 
The tumultuous sale process of English Premier League club Manchester United continues, with leading contenders Sir Jim Ratcliffe and Sheikh Jassim bin Hamad al-Thani yet to reach a decisive stage. However, recent developments suggest that Ratcliffe might pivot his focus away from the English club. -
Greenback Gloom: Dollar Hits Over-Year Low Amid Softer Fed Hike Prospects, Yen and Yuan Surge
Brought on by disappointing U.S. CPI figures, expectations of a Federal Reserve interest rate hike have cooled off, resulting in a continued decline for the U.S. dollar, hitting a recent low point. 
Brought on by disappointing U.S. CPI figures, expectations of a Federal Reserve interest rate hike have cooled off, resulting in a continued decline for the U.S. dollar, hitting a recent low point. -
Fed's Rate Hikes May Stall as US Inflation Dips to Two-Year Low
After this month's interest rate hike, the Federal Reserve may halt the increases. On Wednesday, July 12, Nick Timiraos, a reporter for The Wall Street Journal, opined on US June CPI data. He stated that the US inflation has dropped to its lowest in over two years, offering relief to Americans from painful price increases and increasing the likelihood that the Fed may cease rate hikes after the possible one this month. 
After this month's interest rate hike, the Federal Reserve may halt the increases. On Wednesday, July 12, Nick Timiraos, a reporter for The Wall Street Journal, opined on US June CPI data. He stated that the US inflation has dropped to its lowest in over two years, offering relief to Americans from painful price increases and increasing the likelihood that the Fed may cease rate hikes after the possible one this month. -
Russia and Saudi Arabia Sidestep G7? Key Russian Oil Surpasses $60, First Since Western Cap
The impact of Russia and Saudi Arabia's combined production cuts on the oil market has been immediate and conspicuous. Not only did international oil prices soar last week, but even Russia's main export product managed to break through the price limit imposed by Western countries, leaving these nations red-faced. 
The impact of Russia and Saudi Arabia's combined production cuts on the oil market has been immediate and conspicuous. Not only did international oil prices soar last week, but even Russia's main export product managed to break through the price limit imposed by Western countries, leaving these nations red-faced.
