Friday, the 13th–Supposed to be a Day of Caution & Threat; Here is What Seems Significant About Today’s News;

THE SITUATION:
What Seems to Matter Today? Listing of Six Developments that May Impact
World Economies, Markets, & Currencies;  

SIX SITUATIONAL DEVELOPMENTS OF SIGNIFICANCE FOR TODAY:

1.Softbank Loss–  Seems to happen periodically

Source:  CNBC – https://www.cnbc.com/2022/05/12/softbank-vision-fund-posts-record-27-billion-loss-as-tech-stocks-dive.html

2. Stablecoin Crash – Shakes Up Crypto Market Crypto-currency markets
Rocked after a popular token lost 99% of its value, .

3. China  Slowdown –  Economic and COVID Spread

4. Finland Joins NATO– Forthcoming along with Sweden

5. Crypto Market Turbulence – Massive decline in value.

6. Ocean Desalination Plant – Commission Said No Need

Wall Street Journal
LA Times

 

SoftBank Lost $13.2 B on Tech Investments

Finnish Government Says Country To Join NATO Membership

 Warnings Came Before the Crypto Crash

 

 

 

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