Anna's Daybreak News

Good morning news lovers ! Prepare to be captivated by the stories that make headlines dance, as we unravel the latest news and dive deep into the currents of current events.🗞️🌄

• Economists including the Federal Reserve are predicting the US economy will escape a recession


• The Fed Chair is confident that the US economy can expand with inflation rates falling back to the 2% target


• Navigating a path to stability will be complicated and no one can truly tell until 2024


• Goldman Sachs Group Inc. economists anticipate the Federal Reserve will start lowering interest rates by the end of next June.


• Goldman economists expect 25 basis-point cuts in each quarter, in order to "normalize the funds rate from a restrictive level once inflation is closer to target".


• This prediction comes as the two main US inflation metrics move in opposite directions ahead of the next Fed meeting.


• Let's see if Jerome Powell is able to pull doves out of his hat,or if all he gets is egg on his face.
Source: Read More

• Far-righter Javier Milei, an unlikely candidate, pulled off a surprise Primary win that shook up Argentina's presidential race.


• Milei earned more votes than both opposition candidates combined.


• Patricia Bullrich, a hard-line conservative, won the nomination from the Together for Change coalition, while Economy Minister Sergio Massa won the nomination from the ruling Peronist coalition.


• Inflation at 116%, poverty rates at 40%, and a cost-of-living crisis are making Argentines angry with traditional politics - causing huge shake-ups in the race towards October's presidential election.


• Despite fears of rampant inflation and economic hardships, Milei's euphoric victory underscores the potential for a political underdog to reshape the future of the nation.

Source: Read More

• Musk and Zuckerberg's charitable foundations will organize the fight, although the UFC's president Dana White has made his best efforts to make it happen.


• Elon Musk recently posted on his X social media platform that he's spoken to the Italian Prime Minister Giorgia Meloni to secure an "epic location" for the battle, hinting at the Colosseum.


• The Italian Culture Minister has spoken with Musk about the fight, yet ruled out the possibility of it happening in Rome.


• Musk is waiting for a few months of recovery before the fight due to an issue with his right shoulder blade.


• Zuckerberg may fight another opponent besides Musk and wants to create a great card with an organization like UFC.


• The matchup between two of the world’s richest moguls is like something out of a gladiatorial epic, and we just want to see some billionaire nerd blood.
Source: Read More

• The Russian navy opened fire on a cargo vessel, the Sukru Okan, sailing under the flag of Palau.


• The incident is the first confirmed since Moscow withdrew from a key grain export deal in July.


• The vessel was making its way toward the Ukrainian port of Izmail when Russia requested for an inspection.


• Russia reportedly wanted to enforce its right to stop a ship or deploy aircraft in the Black Sea and "face no consequences."


• Russia is equipping new nuclear submarines with hypersonic Zircon missiles.


• Yasen-class submarines, aka Project 885M, are nuclear-powered cruise missile submarines.


• The sea-based Zircon hypersonic missiles have a 900km range and can travel several times the speed of sound.


• Tensions just keep escalating in the Black Sea without an end in sight.
Source : Read More

Baked with love,

Anna Eisenberg ❤️