Crypto M - Crypto News
2.08K subscribers
15.9K photos
194 links
Your #1 destination for the latest and most unbiased market news on Bitcoin, Ethereum, NFT, Fintech, Web3, DeFi, and Blockchain.
Download Telegram
🚀 Vice President Vance's Silence on Iran Strike Sparks Speculation

U.S. President Donald Trump's recent military action against Iran has been met with praise from his supporters, yet Vice President Vance's notable silence has raised eyebrows. According to Jin10, nearly 72 hours passed without any public comment from Vance, who is typically active on social media and a staunch defender of Trump. This lack of response has led to speculation about potential disagreements between Trump and his vice president.

Vance eventually broke his silence with a six-minute interview on Fox News, defending Trump's decision and asserting that it would not entangle the U.S. in prolonged Middle Eastern conflicts. This marks a significant shift in tone for Vance, who has built his political image on opposing U.S. military interventions abroad. In January 2023, he penned a column in The Wall Street Journal titled "Trump's Best Foreign Policy? No Wars," highlighting his stance against military engagements.

Vance is widely regarded as a leading contender for the Republican presidential nomination in 2028. If he decides to run, he will need to address Trump's administration's record, including its decision to engage in military actions in the Middle East.


#VicePresidentVance #IranStrike #TrumpAdministration #MilitaryAction #Speculation #TrumpSupporters #ForeignPolicy #RepublicanNomination #MiddleEasternConflicts #USMilitaryInterventions #Vance2028 #FoxNews #WallStreetJournal
🚀 Southeast Asia Faces Inflation Risks Amid Rising Energy Costs, Analysts Warn

Analysts from Malayan Banking have highlighted potential inflationary pressures in Southeast Asia due to surging energy costs. According to Jin10, the region's heavy reliance on Middle Eastern oil and gas could lead to increased consumer prices. The analysts noted that ongoing Middle Eastern conflicts might trigger stagflation shocks globally and in Asia. The Philippines and Indonesia are particularly vulnerable to oil price fluctuations, as energy significantly impacts their consumer price indices. Rising energy costs and supply disruptions are expected to exacerbate inflation, worsen current account balances, and impose fiscal pressures on most Southeast Asian countries.

#SoutheastAsia #InflationRisks #EnergyCosts #OilPriceFluctuations #MiddleEasternConflicts #Stagflation #ConsumerPrices #Philippines #Indonesia #SupplyDisruptions #CurrentAccountBalances #FiscalPressures
🚀 Eurozone Manufacturing Activity Reaches Four-Year High in March

Eurozone manufacturing activity reached its highest level in nearly four years in March, driven by supply chain disruptions due to Middle Eastern conflicts, which contributed to delivery delays and boosted overall growth indicators. According to RTHK, the Eurozone Manufacturing Purchasing Managers' Index (PMI) rose from 50.8 in February to 51.6 in March, surpassing initial estimates.

New export orders stabilized after eight consecutive months of contraction, while input prices climbed to their highest since October 2022, influenced by rising oil and energy prices. The output index increased for the third consecutive month, reaching a seven-month high.

However, business confidence fell to a five-month low due to the impact of the Middle Eastern conflicts. In a related development, the European Union's statistics office reported that the Eurozone's unemployment rate rose to 6.2% in February, exceeding expectations.


#Eurozone #ManufacturingActivity #PMI #SupplyChainDisruptions #MiddleEasternConflicts #ExportOrders #InputPrices #OilPrices #EnergyPrices #BusinessConfidence #UnemploymentRate #EU #EurozoneEconomy