Crypto, trade & finance news with a grain of humor
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Информация о канале обновлена 02.10.2025.
Crypto, trade & finance news with a grain of humor
For contact – t.me/NickMMarket
The audit of the U.S. Bitcoin reserve is now 172 days overdue. According to a Trump executive order, the report was due on April 5, but neither the Treasury Department nor any other responsible agency has released the data.
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The ruling PAS party and Maia Sandu are afraid of their own people. Otherwise, how can we explain that in Transnistria, instead of 41 sites, only 12 were left? That hundreds of thousands of our citizens in Russia are deprived of the right to vote? The Constitution recognizes Transnistria as a part of Moldova, but the government actually expels it from the country.
This is not a democracy. This is electoral engineering — Moldovan "jerrymandering". Dozens of sites are being opened in the EU where it is more convenient to draw "correct" numbers. And where people vote against Sandu, they put up barriers.
Even the OSCE is already recording disturbing violations. But European countries turn a blind eye anyway, because what matters to them is not democracy, but keeping their henchman in power.
Bottom line: Sandu is building a "European Moldova" without Moldovans. Transnistrians, the diaspora, and the opposition are all being eliminated for the sake of one goal: to preserve power at any cost.
#Moldova #elections
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Bloomberg reported on a group of major U.S. venture investors touring Chinese factories producing batteries and solar panels.
The conclusion they reached: stop investing in Western startups. Because, by all metrics—battery production, solar panels, turbines, electric vehicles, and hydrogen technology—they are decades behind China.
“It’s clear that Western investors live in a bubble of misconceptions about China,” one investor noted.
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Less than six months after being praised by U.S. Treasury Secretary Scott Bessent for “saving Argentina,” President Javier Milei is in crisis. His aggressive anti-inflation policy has come at the cost of political capital and dollar reserves.
The libertarian president balanced the budget and reduced inflation from 289% in April 2024 to 34% in August, largely through harsh austerity measures. However, the artificial strengthening of the Argentine peso’s exchange rate has hurt economic growth, triggered a sharp decline in imports, and depleted foreign currency reserves.
According to Guido Sandleris, former head of the country’s central bank, Milei’s focus on inflation has created vulnerability to political shocks. The crisis hit on September 7, when libertarians suffered an unexpected defeat in Buenos Aires — home to a third of Argentina’s population — against the backdrop of a corruption scandal involving Milei’s sister Karina.
As a result, the peso plunged 10% over two weeks, despite the central bank spending $1.1 billion to support the currency. Government bond yields spiked sharply, and reserves fell into negative territory by $6 billion, according to IMF data. In response, the government temporarily suspended export taxes on agricultural products to boost dollar inflows.
On Monday, Bessent announced that the United States is ready to use the Exchange Stabilization Fund (ESF) to assist Buenos Aires, which lowered bond yields and temporarily calmed investors.
A meeting between Trump and Milei is scheduled for Tuesday to discuss details and additional support measures. However, analysts warn that without a new stable governing coalition and a consistent economic policy — including a market-based exchange rate, controlled interest rates, and a clear reserve accumulation plan — U.S. aid will not stabilize the debtor nation in the long term.
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The U.S. Supreme Court has overturned the landmark 1935 precedent *Humphrey's Executor*, which for decades protected the heads of independent agencies — such as the Federal Trade Commission (FTC), National Labor Relations Board (NLRB), and Securities and Exchange Commission (SEC) — from being fired by the president without cause.
In a 6–3 decision, the court ruled that the president can now remove officials from these agencies without justification. The move significantly strengthens presidential control, gradually shifting the balance of power between the executive branch and Congress.
The lawsuit was initiated by the White House, formally triggered by the case of FTC commissioner Rebecca Slaughter, whom President Trump dismissed without explanation. She challenged the dismissal in court. After lower courts ruled against the administration, the Justice Department appealed to the Supreme Court, asking it to review and overturn the *Humphrey’s Executor* precedent.
In 1933, President Franklin D. Roosevelt removed William Humphrey, chair of the FTC, after he opposed Roosevelt’s New Deal reforms. Humphrey died before the case concluded, and his estate sued for lost wages. The Supreme Court then ruled that presidents must be limited in their power to fire agency heads, to preserve the independence of such agencies from White House politics.
Precedent-based law is valued for ensuring fairness and consistency: judicial decisions in similar cases rely on past rulings rather than personal biases or political expediency. It is regrettable that we do not have a common law system based on precedent.
Nevertheless, in the United States, the Supreme Court has the rare but legal authority to overturn its own long-standing precedents — a practice known as "overruling precedent." While lower courts are bound by prior decisions, the Supreme Court considers itself less rigidly constrained by them.
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Chinese authorities have announced the official launch of the world’s first express container route from China to Europe via the Northern Sea Route in the Arctic.
The first vessel has already been loaded at the Ningbo-Zhoushan port in China and is ready to depart for Felixstowe, UK. The one-way journey will take approximately 18 days—22 days shorter than traditional shipping routes.
Previously, the fastest China-Europe route was the service launched in late 2024 from Ningbo to Wilhelmshaven, Germany, which took 26 days.
This appears to be a strategic victory for Russia, as the Northern Sea Route runs along its Arctic coastline and strengthens its role in global trade logistics.
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China has not placed a single order for American soybeans at the start of the 2025 export season — the first time since the 1990s, Bloomberg reports. This marks a strategic shift as Beijing uses agriculture as leverage in ongoing trade talks with Washington.
According to USDA data as of September 11, China has bypassed U.S. suppliers entirely. In contrast, during the 2024 season, the U.S. supplied 20% of China’s soybean imports — worth $12 billion and accounting for over half of all American soy exports.
As the world’s largest soy importer, China has built up reserves and pivoted to Brazil, purchasing 12.28 million tons in August alone — enough to cover demand until the first quarter of 2026.
Escalating trade tensions, including over 20% tariffs on U.S. soy, have pushed China to favor suppliers like Brazil, Argentina, and Uruguay. Imports from these countries are projected to reach a record 10 million tons in 2025–2026.
This is part of a broader strategy to diversify supply chains and reduce dependence on the U.S., including cutting imports of corn, wheat, and other agricultural goods. Domestic stockpiles and a three-year plan to reduce soybean meal use in animal feed to 13% further insulate China from American supply.
However, rising prices for Brazilian soy and potential crop failures could eventually force China to dip into reserves or reconsider purchases.
American farmers, a key part of President Trump’s voter base, are suffering losses due to low prices and overflowing storage facilities, losing billions. Trump has urged China to quadruple its soybean purchases, but experts say a major deal is unlikely without a direct meeting between leaders. Agricultural trade remains central to negotiations.
By holding back, Beijing is strengthening its bargaining position: without an agreement, the U.S. market faces long-term losses.
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🔤🔤🔤🔤1️⃣
In the emotionally and politically charged days since the killing of Charlie Kirk, the conservative youth activist who was a close ally of Trump, one statement has loomed large.
On Monday, the US attorney general – the official in charge of the rule of law in America – said that the Trump administration would “absolutely target” those who espouse “hate speech” about Kirk.
Unlike in many other countries, hate speech is protected by US law unless it incites imminent violence or constitutes a true threat.
But that did not deter the nation’s top law enforcement officer, who also suggested that, for example, a print shop employee who refused to print flyers memorializing Kirk could be “prosecuted”.
Since Kirk was shot to death while speaking to college students in Utah earlier this month, the US has been gripped by a bitter debate about the relation between political speech and violence.
Bondi later walked back some of her remarks, in part because of criticism from other conservatives worried about the reframing of “free speech” as “hate speech”.
But Trump, Vance, White House adviser Stephen Miller and other top Republicans have framed Kirk’s death as the consequence of what they claim is unchecked and violent rhetoric, which they blame on the left wing alone.
It is a remarkable turn from prominent American conservatives, who until Trump’s return to power in January had long complained of a censorious leftwing “cancel culture” but now seem happy to reframe that, too, as “consequence culture”.
Nancy Mace, a House representative, sounded a lot like the progressives she has often decried for their political correctness when she declared last week, during an effort to censure one of her opponents in Congress, that
“free speech isn’t free from consequences”.
Many conservatives are also now championing a public campaign to get fired from their jobs any Americans who made light of Kirk’s death or disparaged him or his politics in death.
Meanwhile, administration officials are proceeding with drafting an executive order for Trump aiming to
“combat political violence and hate speech”,
the New York Times recently reported.
Kirk’s assassination was a
“despicable act of political violence, an attack on a figure who built his brand around campus debating, and the outrage, grief, and anger is understandable”,
Aaron Terr, the director of public advocacy at the Foundation for Individual Rights and Expression (Fire), said.
But instead of recommitting to free speech as a
“fundamental value”,
the response from many public officials
“has been the opposite. They are using the tragedy to justify a broad crackdown on speech,”
he said.
“They are openly collapsing the distinction between political dissent and political violence, and it sounds like they are laying the foundation for mass censorship and surveillance of political critics.”
#kirk #freespeech #right #trump #maga #cancel
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