Anna's Daybreak News

Happy Friday news friends! Step into the world of news as we curate the most captivating stories, deliver fresh updates, and keep you informed with our daily roundup that leaves no headline unturned.

• Former President Donald Trump has been hit with new charges in the criminal case regarding his handling of classified documents.


• The revised indictment was announced on Thursday by Jack Smith.


• Prosecutors are accusing Trump of directing employees to delete surveillance video footage at his Mar-a-Lago estate and to erase any recordings of the storage room.


• The indictment includes new counts of obstruction and willful retention of national defense information.


• In an effort to reclaim the White House in 2024, Trump is facing criminal cases in multiple cities and an escalating anticipation of a possible additional indictment.


• As the GOP primaries near, Donald Trump is going to need superhuman abilities to deal with running for President while fighting all the indictments against him.
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• Report of a potential policy tweak from the Bank of Japan sent US markets spinning, with yields spiking, the yen jumping, and the S&P 500 reversing its gains.


• The Dow Jones Industrial Average, S&P 500 and Nasdaq all closed lower on Thursday.


• Potential hawkish policy change has sparked worry that unwinding of carry trades could hit risk assets.


• Bank of Japan allows long-term interest rates to rise, pushing U.S. yields higher.


• U.S. Q2 Advance GDP at 2.4% vs expected 1.8%, showing U.S. economy is growing.


• European Central Bank raises interest rates for the 9th consecutive time, while Fed Chair Jericho Powell says no recession is forecasted.


• US markets have been pushing higher for the better part of a year, but it only took a hint of hawkishness from the BOJ to shake things up.


• Looks like US investors need to be wary of Japan's monetary policies - we need to take our recovery expectations with a grain of rice
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• Supporters of John Mohamed Bazoum, the democratically elected president of Niger, ransacked and set fire to the ruling party headquarters.


• It remains unclear who is in control of the country and which side the majority might support.


• Several political parties, the UN, and the Economic Community of West African States are all taking action in an attempt to preserve president Bazoum's power.


• As extremists become increasingly more active in the region, Western countries are left to decide whether to preserve democracy in the Sahel or let Russia and the Wagner mercenary group make the call of who is in charge.


• US Secretary of State Antony Blinken offered his support to Presidential Guard.


• The coup attempt could open up the possibility of wider spread of Islamic Extremism and Wagner in West Africa.


• The future of the Sahel has taken a wild turn as president Bazoum's fate hangs in the balance, leaving many to wonder who will be the victor in this unfolding coup.
Source: Read More

• Chinese government has asked tech companies to provide case studies of their most successful investments.


• Tencent and Meituan have received requests from the Ministry of Commerce.


• Robotics and chips investments have been lauded as examples to share.


• The Chinese appear ready to grant tech firms broader leeway for investments - or is it just a facade? You decide!
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Baked with love,

Anna Eisenberg ❤️