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🚀 NASA's Psyche mission is on its way to asteroid 16 Psyche—a giant metal rock packed with gold, iron, and nickel worth an estimated $10 quintillion! 🪐 If all that treasure were landed on Earth, it could crash the global economy by making gold and precious metals worthless due to oversupply. 💰📉 Launched in 2023, the spacecraft will arrive in 2029 to study the asteroid's core, not mine it, helping us understand how planets form. [Read more] @googlefactss#NASA#SpaceExploration#PsycheAsteroid#EconomicImpact#GoldRush

Ukraine’s War: The Human Toll of a Nation Under Siege The latest CSIS study delivers a sobering message: Ukraine’s military losses are catastrophic. Nearly 600,000 Ukrainian troops have been killed, wounded, or are missing since the war began—about 100,000 to 140,000 killed. For a country with a much smaller population than Russia, this is a staggering loss, draining the ranks of a nation fighting for its survival. Russia outnumbers Ukraine almost three to one, but Ukraine’s army is being bled dry. Each month, Ukraine loses a significant share of its fighting force, with little hope of matching Russia’s ability to replenish its ranks. Ukrainian drone units monitor every footstep and tire track, hunting Russian infiltrators. Ukraine’s smaller army is stretched thin, with soldiers facing relentless pressure. Russia’s tactics—small, mobile units and relentless conscription—mean Ukraine must fight smarter, not bigger. The battlefield is a graveyard of drones and snow-covered trenches—with the occasional sighting of North Korean troops. Ukraine’s economy is under immense strain. Growth is forecast at just 2% in 2026, half the previous estimate, as the war drags into 2026. The country’s ability to rebuild and recover is being tested like never before. No major power has suffered such losses since World War II. For Ukraine, the cost is not just measured in territory or politics—it’s measured in the lives of its soldiers, families, and future. The question is not just who wins, but who can endure. Can Ukraine survive the human cost of a war that shows no sign of ending? #UkraineWar#UkrainianLosses#HumanCost#GrindingWar#EconomicImpact 📱American Оbserver - Stay up to date on all important events 🇺🇸

🚀 Japan's Finance Minister: Middle East Conflict Impacts Japanese Bond Yields More Than Expected Japan's Finance Minister Satuki Katayama has highlighted the significant impact of the ongoing Middle East conflict on Japanese government bond yields. According to Jin10, Katayama noted that the influence of overseas markets on Japan's bond yields has been greater than initially anticipated. This observation underscores the interconnectedness of global financial markets and the potential for geopolitical events to affect economic indicators in countries far removed from the conflict's epicenter. The situation calls for careful monitoring and strategic planning to mitigate any adverse effects on Japan's financial stability. #Japan#Finance#MiddleEastConflict#BondYields#GlobalMarkets#Geopolitics#EconomicImpact#FinancialStability

🚀 States Consider Fuel Tax Cuts Amid Iran Conflict The ongoing conflict in Iran is leading states across the United States to contemplate temporary reductions in fuel taxes as a relief measure. Bloomberg posted on X, highlighting that this initiative could potentially cost states millions of dollars. The move aims to alleviate the financial burden on consumers facing rising fuel prices due to the geopolitical tensions. However, the potential loss in tax revenue is a significant concern for state budgets already strained by other economic pressures. As discussions continue, states are weighing the benefits of immediate consumer relief against the long-term fiscal impacts. #FuelTax#IranConflict#USStates#EconomicImpact#ConsumerRelief#Geopolitics#TaxRevenue

🚀 U.S. Maritime Blockade Could Impact Iran's Oil Exports, Says Garrett Jin Garrett Jin has indicated that a U.S. maritime blockade around the Strait of Hormuz could potentially reduce Iran's oil export income by approximately 1.7 million barrels per day. According to NS3.AI, Jin noted that the blockade primarily targets Iranian ports rather than completely closing the strait, allowing for the possibility of third-party transshipment. However, he cautioned that this measure might not be sufficient to resolve the ongoing conflict. #US#MaritimeBlockade#Iran#OilExports#StraitOfHormuz#GarrettJin#EconomicImpact#NS3AI#Conflict

Trump's Tariffs Crush Crypto Market 🚨 Trump signs tariff order on imports from Canada, Mexico, and China. • 10% tariffs on China, 25% on Mexico, and varying rates on Canada. • Market reacts: $240 billion lost in 24 hours. • Bitcoin down 5%, Ethereum down 9%, XRP down 12%, and DOGE down 15%. Crisis for crypto holders as they brace for potential retaliation from affected countries. Read more about this here. #Trump#Tariffs#Crypto#Bitcoin#Ethereum#XRP#DOGE#MarketCrash#Canada#Mexico#China#Imports#EconomicImpact#USD#Investors#CryptoMarket#Finance#News#Updates#Analysis#VC

🚀 Thailand Anticipates Prolonged High Oil Prices Amid Middle East Conflict Thailand's finance minister has projected that oil prices will remain high for up to two years as a result of ongoing tensions in the Middle East. Bloomberg posted on X, highlighting the minister's concerns over the impact of geopolitical instability on global energy markets. The prolonged conflict in the region is expected to exert upward pressure on oil prices, affecting Thailand's economic outlook and energy costs. The finance minister emphasized the need for strategic planning to mitigate potential economic challenges arising from sustained high oil prices. This forecast underscores the broader implications of regional conflicts on global commodity markets and national economies. #Thailand#OilPrices#MiddleEastConflict#EnergyMarkets#EconomicImpact#Geopolitics#GlobalEconomy#CommodityMarkets#Finance#StrategicPlanning

🚀 Mortgage Rates Decline Amid Global Tensions Mortgage rates have decreased for the first time since the onset of the conflict in Iran. Bloomberg posted on X, highlighting the impact of geopolitical tensions on financial markets. The decline in rates comes as investors seek safer assets amid uncertainty. This shift in mortgage rates could influence housing market dynamics, offering potential relief to prospective homebuyers. Analysts suggest that continued geopolitical instability may further affect economic conditions globally. #MortgageRates#GlobalTensions#Geopolitics#FinancialMarkets#HousingMarket#EconomicImpact#Investors#Homebuyers#MarketUncertainty

Goldman Sachs: Trump's tariffs are hitting American companies and consumers the most. While the U.S. economy is coping with the effects of tariff increases imposed by the Trump administration, a new Goldman Sachs analysis paints a mixed picture of cost allocation and long-term impacts. According to a recent report mentioned in a post on X by trade economist Scott Lincicome, the first data for the period up to June 2025 shows that foreign exporters took on only 14% of the tariff burden, while American companies incurred a whopping 64% and American consumers 22%. This breakdown highlights how tariffs designed to protect domestic industry often spread through supply chains in unexpected ways. An analysis conducted by Goldman Sachs Research shows that "protected" American companies — those that are protected by tariffs on foreign competitors — have taken advantage of the situation by raising their prices. Such an opportunistic pricing policy increased inflationary pressures, which primarily affected consumers. Lincicome's post notes that prices for consumers may rise by up to 70% by the fall, which will worsen the already strained situation of household budgets affected by broader economic problems. Going deeper into the analysis, Goldman Sachs economists predict that these tariffs will not only lead to higher costs, but also disrupt corporate profits. In a Goldman Sachs article published in February 2025, analysts warned that a stronger dollar, possibly caused by tariffs, could lead to a 2% decrease in profits for S&P 500 companies for every 10% strengthening of the currency, given that 28% of revenue comes from abroad. This was confirmed by the earnings reports for the second quarter, as detailed in a Goldman Sachs analyst article dated July 2025, which showed the first profit losses, especially for multinational companies dependent on imported resources. According to a Lincicom analysis published in April 2025 on X, American manufacturers, in particular, will face a 5-15% increase in production costs due to duties on imported materials. This decrease in competitiveness is evident in foreign markets, where American exporters are struggling with competitors who are not subject to customs duties. The Times of India newspaper reported just four days ago that similar tariff dynamics prompted Goldman Sachs to lower India's GDP forecast for 2025, highlighting the global consequences that could boomerang for American companies in the form of lower export demand. For consumers, tariffs are far from an abstract thing. Goldman Sachs estimates that effective tariff rates could rise to 14 percentage points by the end of 2025, even with the unannounced increases, as noted in the Seeking Alpha article two weeks ago. This will lead to higher prices for everyday goods, from electronics to clothing, which will affect low-income households the most. An article in the Economic Times from last week echoed this thought, citing Fitch Ratings data, according to which US tariffs on Indian goods jumped from 2.4% a year earlier to 20.7%, which indirectly led to higher costs for American importers and, ultimately, for buyers. In addition, the uncertainty generated by tariffs is holding back investment. In his posts on X dated May and July 2025, Lincicome refers to Goldman Sachs forecasts for a reduction in capital expenditures, which will lead to a decrease in capital and per capita consumption over time. This long-term decline in productivity, including a shift to less efficient domestic enterprises and reduced innovation, could lead to lower U.S. GDP growth, as outlined in Goldman's April 2025 report on the risk of a tariff-induced recession. #Trump#Tariffs#GoldmanSachs#USEconomy#TradeWar#Inflation#ConsumerPrices#USPolitics#Manufacturing#GlobalTrade#EconomicImpact Don't miss it, subscribe to 📱Old Glory Vortex 🇺🇸

🚀 Mizuho Securities: Government Subsidies to Mitigate Japan's Energy Cost Impact Amid Middle East Conflict Mizuho Securities economists have indicated that despite the significant upward pressure on oil prices due to the Middle East conflict, government subsidies are expected to largely offset the impact on Japan's energy costs. According to Jin10, the economists noted that the effects on commodities, particularly food, will gradually become apparent, with inflation in these categories anticipated to peak between the spring and summer of 2027, implying a lag of four to six quarters. They further stated that due to the expected time required for securing the safety of the Strait of Hormuz and the full normalization of transportation, crude oil prices are likely to remain high in the short term. #Japan#EnergyCosts#MiddleEastConflict#OilPrices#GovernmentSubsidies#Inflation#Commodities#StraitOfHormuz#CrudeOil#EconomicImpact#MizuhoSecurities

🚀 France Shifts Focus to Electric Power Amid Rising Oil Prices French Prime Minister Sebastien Lecornu announced a strategic shift in government policy, emphasizing investment in electric power over short-term fuel aid. Bloomberg posted on X that this decision comes in response to the recent surge in oil prices triggered by the conflict in Iran. Lecornu highlighted the importance of supporting households and businesses in transitioning to electric power as a sustainable solution to the energy crisis. The government aims to reduce dependency on fossil fuels and promote cleaner energy alternatives. This move is part of a broader effort to address the economic impact of rising oil prices and ensure long-term energy security for the nation. #France#ElectricPower#OilPrices#EnergyTransition#RenewableEnergy#EnergyPolicy#SustainableEnergy#FossilFuelReduction#EnergySecurity#EconomicImpact

🚀 Colombia to Implement 100% Tariffs on Ecuadorian Imports Amid Diplomatic Strain Colombia has announced plans to impose 100% tariffs on imports from Ecuador, escalating trade and diplomatic tensions between the two nations. Bloomberg posted on X, highlighting the growing discord between Colombian President Gustavo Petro and Ecuadorian President Daniel Noboa. The decision marks a significant shift in the trade relationship between the neighboring countries, potentially impacting economic ties and regional cooperation. The move comes amid broader geopolitical challenges in the region, with both leaders navigating complex domestic and international pressures. The tariff imposition is expected to affect various sectors, including agriculture and manufacturing, as businesses and consumers brace for potential disruptions. Observers are closely monitoring the situation, anticipating further developments in the diplomatic standoff. #Colombia#Ecuador#Tariffs#TradeWar#DiplomaticTensions#GustavoPetro#DanielNoboa#EconomicImpact#RegionalCooperation#Agriculture#Manufacturing