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•  (Economist) Geopolitics and technology threaten America’s financial dominance 

•  Chinese researchers warn of a new flu virus found in pigs that has become more infectious to humans and needs to be watched closely in case it becomes a potential pandemic risk 

•  (FT) BP will slash up to $17.5b off value of its assets after lowering its longer-term energy price assumptions in wake of pandemic, which it expects to hasten shift away from fossil fuels" Shell will take a hit of up to $22bn after lowering its outlook on oil and gas. The energy firm expects fuel sales to slump 40% in the second quarter as a result of global travel restrictions…

•  (Economist) Why zero interest rates might lead to currency volatility There is little scope for them to adjust to economic trouble. So something else must 

•  Japans factory output fell 8.4% MoM in May to 79.1, a level not seen since March 2009 when the financial crisis shattered global demand. 

•  Along with others…UGLD the 3x leveraged Gold ETF (GLD) is being delisted 7/12/20 

•  Tesla’s market cap (201 billion) has surpassed Exxon Mobil’s (185 billion).. 

• Texas now has more daily coronavirus cases than Italy when it was a global epicenter of the pandemic. 

•  An early experimental Covid vaccine trial by Pfizer and BioNTech displays promise - pushing NSDAQ to new highs... 

•  The pandemic situation in Brazil is a bit unclear since the gov isn't releasing data. It is probably higher than the 1,426,913 as of 7/1/2020 

•  What is a kakistocracy? it’s a system of government that is run by the worst, least qualified, and/or most unscrupulous citizens." (Wiki)