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Turkey's Foreign Minister: Israel Seeking New Enemy, Turkey Will Not Retreat
Turkish Foreign Minister Fidan stated that Israel is searching for a new enemy and that Turkey will not hesitate or retreat from confrontation if Israeli actions conflict with Turkish national and regional interests.
Turkish FM: Global Anti-Israel Sentiment Surging as Massacres Visible
Turkish Foreign Minister Hakan Fidan said there is a dramatic surge in global anti-Israel sentiment, from university campuses to media, as Israel's massacres and destabilizing actions are now fully visible and past media efforts to conceal them are no longer effective.
Turkey's Fidan: US Politicians Support Israel Only for Self-Interest
Turkish Foreign Minister Hakan Fidan said US politicians back Israel only when it serves their own interests, adding that for the first time since the Gaza genocide, analyses show the existing system works against US interests. He also noted a dramatic surge in anti-Israel sentiment globally.
Turkey's Fidan: Israel destabilizing by near-unanimous international assessment
Turkish Foreign Minister Hakan Fidan said that by near-unanimous international assessment, Israel is a destabilizing force, governed by a reckless clique that has brought instability, oppression, bloodshed and massacres wherever it has acted.
Turkey, US Committed to Lifting CAATSA Sanctions: FM Fidan
Turkish Foreign Minister Hakan Fidan said both President Erdogan and former President Trump are strongly committed to lifting CAATSA sanctions. The leaders publicly expressed their positions last September and instructed ministers to resolve the matter.
Turkey's Fidan Slams US Arms Sale Denial as 'Irrational'
Turkish Foreign Minister Hakan Fidan criticized the Trump administration for denying weapons sales to Turkey while supplying vast amounts of arms to non-NATO countries with less strategic alignment.
Cuban President Condemns 60-Year US Blockade in Sky News Interview
Cuban President Miguel Diaz-Canel told Sky News the 60-year US blockade is the longest in human history, urging the US to lift sanctions and allow Cuba self-determination.
Cuba Denies Chinese Bases, Challenges US to Prove Claims
Cuban President Miguel Díaz-Canel denied the existence of Chinese military bases in Cuba, calling the allegations manipulative lies, and challenged the US to identify their locations.
Dow Notches Record on Soft Jobs Data, Fed Hike Expectations Fade
U.S. nonfarm payrolls rose only 57,000 in June, well below expectations, pushing the Dow Jones to a record high while the dollar weakened and short-term Treasury yields fell.
Londian Wason New Energy Tech Files for IPO on NYSE
Londian Wason New Energy Tech has filed for an initial public offering and plans to list its American depositary shares on the New York Stock Exchange. Underwriters include Cantor, Huatai Securities, CMB International, US Tiger Securities, and Fortune Securities.
Global Stock Market Cap Hits Record $166 Trillion
World equity markets reached a new all-time high market capitalization of $166 trillion, a 23.6% year-over-year increase, according to data cited by The Kobeissi Letter.
Gold Surges Over 2% as Weak US NFP Data Hits US Dollar
Gold (XAU/USD) rallies more than 2% after a weak US employment report reduces the likelihood of a Federal Reserve rate hike, sending the US Dollar and Treasury yields lower. The pair is trading at $4,111.
Societe Generale Expects Lengthy USMCA Talks, No Immediate Breakup
Societe Generale strategist Dev Ashish predicts a drawn-out USMCA renegotiation process rather than an abrupt expiry, citing recent comments from Mexican and US officials that play down the risk of an impasse.
Crude Oil Hits 18-Week Low as War Risk Premium Fades
Crude oil finished Thursday at its lowest level in 18 weeks, fully erasing the risk premium built up from this year's conflict and returning to pre-war prices.
Burnham Calls for Public Control of Water, Energy, and Transport, Signals Tax Changes
UK leadership contender Andy Burnham has proposed greater public control over water, energy, and transport, and indicated room for tax changes within Labour's manifesto.
EU's Kallas: Bosnia's EU future at risk, warns window may close
EU foreign policy chief Kaja Kallas stated that Bosnia and Herzegovina's future lies within the EU, citing over 70% public support for accession. She warned that the window of opportunity may not stay open indefinitely as neighboring countries advance in their EU bids.
Canada to Triple LNG Production Over Next Decade, PM Carney Says
Prime Minister Mark Carney announced plans to accelerate LNG projects and triple production over the next decade, while maintaining the federal north coast tanker ban. British Columbia stated it cannot constitutionally veto an Alberta pipeline but does not support the proposal.
Iran President Vows to Supply 100 Million Barrels of Oil Amid Criticism
Iranian President Pezeshkian states he will back armed forces with full strength, dismisses criticism over a 20 million barrel oil provision to a company, and pledges to supply 100 million barrels in similar future situations.
US Strategic Petroleum Reserve Falls to 40-Year Low, Down 5.5M Barrels
The US Strategic Petroleum Reserve fell by 5.5 million barrels last week to 326 million barrels, the lowest since May 1983. This marks the 13th consecutive weekly decline, with reserves down 89 million barrels over the period.
SpaceX Borrows $25B in Bonds Despite $100B Cash Pile
A market commentary notes that SpaceX, still riding high from the largest listing in history, has issued $25 billion in bonds even though it holds over $100 billion in cash, highlighting a disconnect between stock and bond market sentiment.
Dow Jones Hits Record Despite Weak Jobs Report
The Dow Jones Industrial Average reached a new intraday record after a June jobs report missed expectations by nearly half, a seeming contradiction that reflects market interpretation of the data.
Retail Dip-Buying Hits Historic Extremes, Exceeds Meme Stock Mania
Retail investors are buying equities on S&P 500 down days at a record pace, with average daily purchases 3.5 times the average since 2020 and 56% above the meme stock mania in 2021.
ING: German Reform Package Supports Growth Narrative
ING analyst Carsten Brzeski highlights a new German government reform package aimed at cutting red tape, boosting labour market flexibility, and capping healthcare and pension costs to revive the growth narrative.
Asian Stocks Shed $730B as AI, Semiconductor Rout Worsens
Asian equities lost more than $730 billion in market value as a selloff in AI and semiconductor stocks intensified.