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Black Monday on Global Stock Exchanges: The Situation
- Catalyst: The largest drop on the Japanese Stock Exchange since 1987—down 13%. Trading halted.
- South Korea: Trading halted after a 12% drop.
- Japan: Bank stocks fell by 20% before trading was halted.
- Taiwan: The Taiwan Stock Exchange Index fell by 10%—the largest single-day drop in history.
- Turkey: The Istanbul Stock Exchange also plummeted by 7%, leading to a trading halt.
- Robinhood: One of the largest private brokers, stopped trading on its platform.
- Pre-market losses: Across the board—Nvidia -10%, Tesla -12%, Apple, Microsoft, Google, Amazon -10%.
- Bitcoin: Dropped below $50,000, followed by altcoins.
- Oil price: Fell to $76.
European Stock Indices:
- Germany DAX: Down 2.6%
- UK FTSE 100: Down 2.8%
- France CAC 40: Down 2.4%
- Spain IBEX: Down 2.6%
- Italy FTSE MIB: Down 2.8%
Notable Declines:
- Banks: Societe Generale down 3.8%, Barclays and Santander - 3.4%, Deutsche Bank - 4.4%, Commerzbank and Intesa Sanpaolo - 3.2%, Unicaja Banco - 4.1%, Banco de Sabadell - 3.6%, BBVA - 3.3%, UniCredit - 4%.
- Automakers: BMW down 3.3%, Porsche and Volkswagen - 3.9% and 3.5%, Daimler Truck and Mercedes-Benz - 2.7%, Renault - 4.6%.
Cause of the Panic:
There's no single reason for the panic; it's a complex set of factors, with fears of a recession in the US being prominent. The collapse of the Japanese market, seen as a major US ally, was a red flag for many traders, triggering a rapid and uncontrollable market sell-off. The situation continues to unfold.
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Azerbaijan: This Turkish country has destroyed more Christian monuments than ISIS.
Based off satellite data, Azerbaijan erased 108 Armenian monasteries, churches and cemeteries - in just one region.
By comparison, ISIS destroyed dozens of churches.
How is this okay?
@NoAgendaLara
UPDATE: Outrage erupts as there has been a SURGE in Islamists ATTACKING and vandalizing Japanese shrines
Security footage shows people wearing HIJABS storming up and unleashing on the Soya Shrine in Hadano City
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— Hypothetically, if the U.S. wanted to carry out a naval landing in Iran, they would do it somewhere outside the Persian Gulf, most likely Chabahar or somewhere else in the flat open coasts of Sistan-Balochistan Province.
That way, they don’t need to risk their ships entering the Persian Gulf under heavy anti-ship fire and incoming drones while trying to land their soldiers on a rugged coastline full of fortified positions and artillery emplacements.
In Chabahar, they could bring their ships close enough to the shore with relative safety, under heavy air cover. U.S. jets, drones, and attack helicopters would suppress any anti-ship batteries heavily, and create sufficiently safe conditions for the initial ‘landing’. One also cannot rule out the possibility of deploying U.S. airborne forces to secure key sites before an amphibious landing is attempted.
This might be coupled with increased Balochi terrorist activity across the Iranian rear lines, complicating logistics and the transfer of ...
