Jerry Lin
The Latest
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EU Faces Debt Explosion: Challenges Mount After U.S. Debt Crisis
The Eurozone, which was deeply mired in the European debt crisis for years, is once again in the spotlight due to rising debt concerns. EU officials estimate that by the end of 2026, the EU's debt will reach 900 billion euros. The Eurozone, which was deeply mired in the European debt crisis for years, is once again in the spotlight due to rising debt concerns. EU officials estimate that by the end of 2026, the EU's debt will reach 900 billion euros. -
Israeli Authorities Collaborate with Binance to Freeze Hamas-Linked Cryptocurrency Accounts
In a significant move against the financing of terrorism, Israeli authorities, in collaboration with the global cryptocurrency exchange Binance, have frozen multiple cryptocurrency accounts linked to the Palestinian militant group, Hamas. This action underscores the increasing scrutiny on the use of digital currencies by extremist groups to bypass traditional financial systems and sanctions. In a significant move against the financing of terrorism, Israeli authorities, in collaboration with the global cryptocurrency exchange Binance, have frozen multiple cryptocurrency accounts linked to the Palestinian militant group, Hamas. This action underscores the increasing scrutiny on the use of digital currencies by extremist groups to bypass traditional financial systems and sanctions. -
Oil and Gas Mega-Deal: ExxonMobil Acquires Pioneer Natural Resources for $60 Billion
In what's being hailed as the largest acquisition in the oil and gas industry in two decades, oil giant ExxonMobil announced its official plans on Wednesday. The company stated its intention to acquire another oil producer, Pioneer Natural Resources, for a total of $59.5 billion, or $253 per share. In what's being hailed as the largest acquisition in the oil and gas industry in two decades, oil giant ExxonMobil announced its official plans on Wednesday. The company stated its intention to acquire another oil producer, Pioneer Natural Resources, for a total of $59.5 billion, or $253 per share. -
Gold's Resilience Amid Geopolitical Tensions and Market Dynamics
In the face of mounting geopolitical tensions and shifting market dynamics, gold continues to demonstrate its enduring appeal as a safe haven. Recent developments in the Middle East, coupled with the interplay of interest rates and the US dollar, have placed the precious metal in the spotlight, with experts weighing in on its trajectory. In the face of mounting geopolitical tensions and shifting market dynamics, gold continues to demonstrate its enduring appeal as a safe haven. Recent developments in the Middle East, coupled with the interplay of interest rates and the US dollar, have placed the precious metal in the spotlight, with experts weighing in on its trajectory. -
Middle East Tensions and the Global Oil Market: Iran's Role Takes Center Stage
Since the sudden escalation of the conflict between Palestine and Israel last weekend, its effects on the energy market have become evident. Since the sudden escalation of the conflict between Palestine and Israel last weekend, its effects on the energy market have become evident. -
Dollar's Surge Amid Middle East Tensions and Strong US Jobs Report
In the wake of escalating tensions in the Middle East and a robust US jobs report, the US Dollar has experienced a significant surge against major currencies, notably the Pound and Euro. This financial shift underscores the intricate interplay of geopolitical events and domestic economic indicators in influencing global currency markets. In the wake of escalating tensions in the Middle East and a robust US jobs report, the US Dollar has experienced a significant surge against major currencies, notably the Pound and Euro. This financial shift underscores the intricate interplay of geopolitical events and domestic economic indicators in influencing global currency markets. -
OPEC Raises Long-Term Oil Demand Forecast: Expects 16% Increase Over Next Two Decades
Despite global efforts to transition to clean energy, OPEC believes the world will continue to rely on oil for a considerable time. Despite global efforts to transition to clean energy, OPEC believes the world will continue to rely on oil for a considerable time. -
Oil Prices Surge Amidst Israel-Hamas Conflict: Global Markets on Edge
In a dramatic turn of events, oil prices have witnessed a significant surge as the conflict between Israel and Hamas intensifies, sending shockwaves through global markets. The ongoing military confrontations and political uncertainties in the Middle East have led to heightened concerns among investors and traders, resulting in volatile oil prices. In a dramatic turn of events, oil prices have witnessed a significant surge as the conflict between Israel and Hamas intensifies, sending shockwaves through global markets. The ongoing military confrontations and political uncertainties in the Middle East have led to heightened concerns among investors and traders, resulting in volatile oil prices. -
Saudi's Oil Play: Boosting Production for U.S.-Saudi Defense Pact?
Oil prices took a significant hit this week, plummeting nearly 9%-the worst weekly performance in six months. Is Saudi Arabia the main culprit behind this decline? Oil prices took a significant hit this week, plummeting nearly 9%-the worst weekly performance in six months. Is Saudi Arabia the main culprit behind this decline? -
EU Aims to Be a 'Player, Not the Chessboard' in Tech: Launches Risk Assessment in Four Key Sectors
European Commission announced in Strasbourg, France, that it will conduct a collective risk assessment with its member states in four technology sectors: semiconductors, artificial intelligence, quantum technology, and biotechnology. European Commission announced in Strasbourg, France, that it will conduct a collective risk assessment with its member states in four technology sectors: semiconductors, artificial intelligence, quantum technology, and biotechnology.