🚨 India’s Russian Oil Gains Wiped Out by Trump’s Tariffs
🇮🇳 India saved nearly $17B by snapping up discounted Russian oil since 2022. 💥 But Trump’s sudden 50% tariffs on Indian exports just erased those windfalls.
📉 Fallout:
Exports to the U.S. could plunge 40%+, slashing revenues by over $37B.
Key industries like textiles, gems & jewelry face the biggest hit.
New Delhi stands firm: energy security comes first, Russian crude trade continues.
🌍 Clear Winner: Russia — while India loses export gains and the U.S. pays more, Moscow deepens its role as India’s top energy partner.
🔥 A trade war twist: India squeezed, Russia enriched, America playing hardball.
Fed Governor Lisa Cook announces lawsuit against President Trump over her removal from the Fed Board
Attorney Abbe Lowell stated: “President Trump has absolutely no authority to remove Federal Reserve Governor Lisa Cook. His attempt to dismiss her based solely on a complaint letter is baseless both legally and factually.
We will be filing a lawsuit to challenge this unlawful action.” #Fed $TRUMP
Trump only did this because Maduro lost badly and usurped power. The same will happen in Brazil in 2026, without Bolsonaro in the race and the US not recognizing the new president. :D
llacroix
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#trumpwarbrazil The war is escalating between Venezuela and the USA, Trump claims that Maduro leads a communist narco-state that produces drugs sent to the USA. The crux of the matter is that the war has reached South America and Brazil is next on the list, c. Do you have any questions? $BTC
*** Found the content interesting, follow me! ***** always prepare for the worst.
Do not give the private keys, tell the government to fuck off.
Lascado
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Auditor refuses to hand over wallet with millions in cryptocurrencies linked to tax fraud
The São Paulo Public Prosecutor's Office fears that millions in cryptocurrencies confiscated during Operation Icarus may disappear, as the investigators have so far been unable to access the wallets of the accused. This was the operation that arrested Sidney Oliveira, founder of the Ultrafarma pharmacy chain, and Mário Otávio Gomes, statutory director of Fast Shop. According to information from the Metrópoles website, prosecutors stated they have evidence of the existence of millions in cryptocurrencies — potentially reaching R$ 10 million — linked to two tax auditors who are among the six arrested in the operation: Artur Gomes da Silva Neto, identified as the main operator of the scheme and suspected of having received R$ 1 billion in bribes, and Marcelo de Almeida Gouveia.
Relax, when Brazil is sanctioned economically, no bank from the USA and Europe will make agreements with Brazil.
Alexandre 8
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PIX invades the economy of Portugal and scares the White House 😱
The Brazilian instant payment system, Pix, has started to be used in retail networks in Portugal 🇵🇹 and is already appearing as a consolidated alternative for grocery shopping. This news was confirmed after an agreement between Braza Bank in Brazil and Unicre, the operator of payment terminals in Portuguese retail. Expansion in Portuguese commerce The Continente network, one of the largest in the country, has begun accepting Pix in 18 stores located in Lisbon, Oeiras, and Cascais. This measure follows tests conducted in Braga, a city that is home to about 20,000 Brazilians. The company's plan is to extend acceptance to all units in Portuguese territory.
Bolsonaro-supporting deputies threaten to obstruct the vote on the bill against the sexualization of children on social media. They believe the text contains items that could lead to censorship of these platforms. Deputy Caroline de Toni states that the protection of children should be the responsibility of parents and that the regulation would be used to control big tech companies.
The President of the Chamber, Hugo Motta, defended the right of deputies to obstruct the session but emphasized the urgency of the agenda for Brazilian society.
You know that the hell's roll has already backed down, right?
Lascado
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Brazil submits response to the U.S., defends PIX, the sovereignty of the STF
Brazil maintains that it complies with multilateral norms and that the U.S. has a historical surplus in bilateral trade. The government asserts that unilateral measures provided for in Section 301 would be illegitimate and contrary to WTO rules.
The Brazilian government officially submitted its response to the Office of the U.S. Trade Representative (USTR) this Monday (18) in the investigation opened under Section 301 of the Trade Act of 1974. In the document, Brazil states that it does not adopt discriminatory, unjustifiable, or restrictive policies regarding trade with the U.S. and that there is no legal or factual basis for the imposition of sanctions.