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Scott Bessent's yen intervention signals new era of US ‘currency activism' Financial TimesA Currency Trader at Heart, Bessent Bets on Japan's Yen The New York TimesU.S. dollar weakens sharply against the Japanese yen after market interventions NPRThe message beneath the yen intervention AxiosUS and Japan take action to prop up yen in rare joint move BBC
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At least 27 killed as Russia and Ukraine trade heavy attacks Al JazeeraRussia says seven killed as Ukrainian drone hits crowded Russian beach cnn.comDrone Explodes on Russian Beach, Killing 7, Officials Say The New York TimesDrone hits Russian beach resort near Putin's Black Sea palace The Independent
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It sounds paradoxical, but Federal Reserve Chair Kevin Warsh may have tightened the economy by not lifting interest rates than he would have by actually increasing them.
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Drone Explodes on Russian Beach, Killing 7, Officials Say The New York TimesRussia says seven killed as Ukrainian drone hits crowded Russian beach cnn.comAt least 22 killed as Russia and Ukraine trade heavy attacks aljazeera.comUkrainian drone attacks on Black Sea resort and Crimea kill 11, Russia claims The Guardian
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Blanche poised for confirmation vote after he kills Trump's fund AxiosWhite House directly involved in Blanche order rescinding ‘anti-weaponization' fund cnn.comAs Blanche's path to confirmation is cleared, Trump's tax audit immunity remains in place AP NewsGOP holdouts say they will back Blanche's attorney general nomination after striking deal over fund YahooStill some drama left in Todd Blanche's confirmation fight Politico
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The U.S. Treasury Department and Federal Reserve have joined forces with their Japanese counterparts to stage a historic joint intervention to boost the Japanese yen, according to Japan's Ministry of Finance, which confirmed the move in a statement on Monday.
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