Gary Gensler Steps Down as SEC Chair Amid Trump’s Return
Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), has announced his resignation, effective January 20. After three years at the helm, Gensler’s departure coincides with Donald Trump’s return to the presidency, marking a significant shift in the...
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Elon Musk and Vivek Ramaswamy to Lead New “Department of Government Efficiency” (DOGE)
In a groundbreaking move aimed at reducing government waste and streamlining bureaucratic processes, former President Donald Trump has announced the creation of the “Department of Government Efficiency,” or “DOGE.” This newly conceptualized department is designed to tackle inefficiencies in government,...
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TON’s Comeback and the Dirham-Pegged Stablecoin: Key Insights from The Gateway Event
The Gateway event in Dubai was a pivotal moment for The Open Network (TON) community, showcasing its renewed focus, technological innovations, and collaborative spirit. Led by co-founder Jack Booth, the TON Society team provided updates on Telegram’s privacy features, the...
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Euro Area Inflation Rate
In October 2024, inflation in the Eurozone reached 2%, marking a rise from September’s rate of 1.7%. This recent increase, though slight, has brought the inflation rate in line with the European Central Bank’s (ECB) target. After months of low...
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China NBS Manufacturing PMI
China’s manufacturing sector is showing fresh signs of recovery as the official Manufacturing PMI, released by the National Bureau of Statistics (NBS), rose to 50.1 in October 2024. This improvement is not only a positive jump from September’s 49.8 but...
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Germany GDP Growth Rate
Germany’s economy exhibited a modest growth of 0.2% quarter-on-quarter in Q3 2024, bouncing back from a revised decline of 0.3% in Q2. This performance exceeded forecasts, which anticipated a contraction of 0.1%, suggesting that there are some positive trends emerging...
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Japan Consumer Confidence
In October 2024, Japan’s consumer confidence index fell to 36.2 from 36.9 in September, missing forecasts that anticipated a modest rise to 37. This decline marks the lowest level of consumer sentiment since May 2024 and underscores a significant cooling...
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Australia Monthly CPI Indicator
In September 2024, Australia’s Consumer Price Index (CPI) increased by 2.1% compared to the previous year, marking a significant cooling in inflation. This rate not only undershot market expectations of 2.4% but also showed a noticeable drop from August’s 2.7%,...
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United States Job Openings
In September 2024, job openings in the U.S. saw a significant decline, falling by 418,000 to a total of 7.443 million. This reduction comes after a revised total of 7.861 million openings in August and falls below the anticipated figure...
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United States Goods Trade Balance
The US trade deficit saw a significant increase in September 2024, widening to $108.2 billion from $94.2 billion in August. This sharp escalation marks the largest trade gap since March 2022, when disruptions in commodity supplies triggered by the Russian...
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