Firstsquawk Is a Global Financial (News) Squawk Service Specialising In Financial Markets, Macro, Geopolitics,politicsfirstsquawk.com London, Mumbai, SingaporeJoined July 2015
Federal agents dismantled Sinaloa Cartel operations in New England, arresting 171 members and seizing 244 kg of drugs, 22,000 counterfeit pills, 33 firearms, and $1.3M in cash
U.S. immigration authorities raided Hyundai–LG’s EV battery plant construction site in Georgia, arresting 475 workers, including 300+ South Koreans, for visa violations.
German Bavarian PM Markus Söder suggested sending back Ukrainian male refugees to defend Ukraine instead of deploying German troops:
NATO presence in Ukraine would signal its path to alliance membership, something Russia will never accept.
oil market moves closer to a glut, traders are closely watching buying from China to see if it will absorb an excess that the world’s crude producing nations are set to pump
Biggest U.S. Oil Companies Are Eliminating Thousands of Jobs - ConocoPhillips of Houston on Wednesday announced plans to reduce its global work force by up to 25 percent.
Several DOJ officials reportedly held meetings to discuss gun restrictions for transgender individuals since the Minneapolis school shooting last month.
Japan is considering recognizing Palestine as a state and will announce its position at the UN meeting on September 22.
Japan says it backs a “two-state solution” and is weighing what approach would be most effective, even as the US and Israel oppose recognition.
native-born workers plunged by 561K, the biggest one month drop since August 2024.
Foreign-born workers increased by 50K, the first increase since March.
Hong Kong's newly enacted stablecoin bill could be China’s first big step in a bid to combat the U.S. dollar’s dominance in the cryptocurrency market, as authorities positioning the city as a regional crypto hub.
Pentagon Shifts Focus Away From China to Homeland Security
A leaked draft of the new U.S. National Defense Strategy shows the Pentagon is pivoting from deterring China to prioritizing homeland and Western Hemisphere security.
It reverses Trump’s 2018 strategy that put China at…
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