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Prosecutors to announce sentences for Sarkozy in Libya funding appeal

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French prosecutors will announce on Wednesday their requested sentences for former president Nicolas Sarkozy as he appeals his conviction for accepting illegal campaign contributions from late Libyan dictator Muammar Gaddafi. Sarkozy became the first modern French president to serve time behind bars after spending three weeks in prison late last year. 

China Warns US Over Taiwan Arms Sales Ahead of Trump Xi Summit

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China renewed its strong opposition to U.S. arms sales to Taiwan ahead of the high profile summit between U.S. President Donald Trump and Chinese President Xi Jinping in Beijing. Taiwan is expected to be one of the most sensitive issues discussed during the two day meeting, alongside trade disputes, regional security, and the ongoing Iran […]

The post China Warns US Over Taiwan Arms Sales Ahead of Trump Xi Summit appeared first on Modern Diplomacy.

Small cap, big gains – Decoding the FOMO behind USELESS’s recent 70% surge

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Small Cap, big gains: Decoding the FOMO behind USELESS’s recent 70% Surge



USELESS has broken out of a three-month consolidation and could be ready to “go vertical.”

King Charles to lay out UK government agenda as Starmer battles to save PM job

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King Charles III will deliver the government’s legislative programme for the coming year in the traditional King’s Speech on Wednesday, with Prime Minister Keir Starmer’s job hanging in the balance following heavy defeats in local elections that have exacerbated divisions within the ruling Labour party. Watch the speech live at 12:30pm Paris time (GMT+2). 

Trump Xi Summit Highlights Path to US China Competition Without Conflict

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The meeting between U.S. President Donald Trump and Chinese President Xi Jinping in Beijing comes at a time of growing strategic rivalry between the world’s two largest powers. Although the summit may reduce tensions temporarily, analysts say the broader competition between Washington and Beijing is likely to continue for years across military, economic, technological, and […]

The post Trump Xi Summit Highlights Path to US China Competition Without Conflict appeared first on Modern Diplomacy.

'Serious disease': Hantavirus less infectious than COVID, yet has significant fatality rate – 1 in 3

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Annette Young is pleased to welcome Matt McKee, Professor of European Public Health at the London School of Hygiene and Tropical Medicine. As health authorities race to contain an emerging cluster of hantavirus infections, McKee offers a measured but sobering assessment of the risks, and the lessons the world should have learned from COVID. He warns that hantavirus is “a serious disease” with “a fatality rate of about one in three,” McKee is careful to distinguish it from the coronavirus pandemic, stressing that “it does not spread at anything like the rate that COVID does.” Yet he warns that an unusually specific chain of exposure, from rodent-contaminated landfill sites to what he calls “an institutional amplifier”, aboard a confined vessel, created “a very unusual set of circumstances” for transmission.

Iran Conflict Tests BRICS Unity at Delhi Foreign Ministers Meeting

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The ongoing Iran conflict is expected to dominate discussions at the BRICS foreign ministers meeting in New Delhi, placing pressure on the expanded bloc to find common ground on one of the world’s most divisive geopolitical crises. The two day meeting brings together foreign ministers and representatives from BRICS member states, including Brazil, Russia, India, […]

The post Iran Conflict Tests BRICS Unity at Delhi Foreign Ministers Meeting appeared first on Modern Diplomacy.

BTC Recovers From CPI-Induced Dip, Viral Token Plunges by 17% Daily: Market Watch

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BTCUSD May 13. Source: TradingView


The CPI announcement in the US yesterday showcased increasing inflation likely due to the war against Iran, and BTC dipped to under $80,000, but it managed to rebound almost immediately.

Binance Coin has surpassed XRP once again in terms of market cap after a 2.5% increase, while DOGE has solidified its spot in the top 10 alts following a 2% increase.

BTC Rebounds After CPI

The primary cryptocurrency peaked at almost $83,000 last Wednesday before the subsequent rejection pushed it south to $79,100 by Friday. The gradual recovery began after that bounce off, and BTC reclaimed the $80,000 tag during the weekend.

More volatility ensued on Monday morning as the legacy financial markets opened. The cryptocurrency first dipped to $80,250 from $81,500 before it rocketed to $82,500 after reports that Iran had sent another peace proposal to the US. However, the POTUS quickly rejected it, and BTC crashed by $2,000 in minutes.

It tried another breakout on Tuesday, but it was stopped again at $82,000. The CPI numbers announced yesterday confirmed that inflation has been increasing, and BTC slipped a few hours after they went live to under $80,000. Nevertheless, it reacted well and now sits at around $81,000.

Its market capitalization remains sideways at around $1.620 trillion, while its dominance over the alts is still well above 58% on CG.

BTCUSD May 13. Source: TradingView
BTCUSD May 13. Source: TradingView

BNB Flips XRP

The battle for the fourth spot in terms of market cap continues, and Binance’s native token has emerged on top in the past 12 hours or so. BNB is up by 2.5%, which has helped it surpass XRP as the latter has remained sideways. HYPE, CC, BCH, TAO, and SUI are slightly in the red daily, while DOGE trades above $0.11 after another 2% daily increase.

Today’s most substantial gainer is NEAR, rocketing by almost 6% to $1.64. STABLE follows suit, while WLFI and TRUMP are also in the green as the POTUS went to China to meet with Xi Jinping.

In contrast, VVV has plummeted by over 17% daily to under $15. ONDO, TON, and PENGU are deep in the red as well.

The total crypto market cap has remained at around $2.780 trillion.

Cryptocurrency Market Overview May 13. Source: QuantifyCrypto
Cryptocurrency Market Overview May 13. Source: QuantifyCrypto

 

The post BTC Recovers From CPI-Induced Dip, Viral Token Plunges by 17% Daily: Market Watch appeared first on CryptoPotato.

Trump-Xi summit: Trade, Taiwan and Iran on the table at high-stakes Beijing meeting

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US President Donald Trump’s highly anticipated visit to Beijing on Wednesday comes at a restless moment for a world worried about war and trade disputes. Trump has said he will have a “long talk” about Iran with Chinese leader Xi Jinping and will also discuss US arms sales to Taiwan. Here’s what to know about the summit.

Asian Stocks Rebound as AI Optimism Offsets Iran and Inflation Worries

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Asian stock markets recovered from early losses on Wednesday as renewed optimism around artificial intelligence and technology exports helped investors look past concerns over rising U.S. inflation and tensions in the Middle East. Regional shares initially declined after hotter than expected U.S. inflation data increased fears that the Federal Reserve may keep interest rates higher […]

The post Asian Stocks Rebound as AI Optimism Offsets Iran and Inflation Worries appeared first on Modern Diplomacy.

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