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The price of Ethereum (ETH) experienced a sharp and rapid decline, dropping more than 10% during a major market sell-off. This decline was worsened by a chain of forced liquidations, where nearly $3 billion worth of leveraged crypto positions were automatically closed by exchanges as prices fell.

The main cause was a large unwinding of overleveraged derivatives positions, especially long bets predicting higher prices. As Ethereum's price started to fall, it triggered automatic sell orders from traders using excessive borrowed money (leverage) to boost their bets. This forced selling created a self-perpetuating downward spiral, pushing prices lower and causing even more ...

Australia's central bank, the Reserve Bank of Australia (RBA), faces one of its most crucial monetary policy decisions in years, amid heated debate over whether to implement another interest rate increase. Critics argue that the bank has already "failed the inflation test of economic leadership," having kept rates too low for too long, which allowed inflationary pressures to become more entrenched.

This policy stance, analysts warn, now puts the RBA in a delicate position: increase rates more aggressively now or risk a more severe economic adjustment later. The central bank is trying to balance the need to curb inflation, which remains ...

The gold and silver markets experienced a significant downturn, with prices falling sharply as financial markets reassessed key drivers behind the recent record-breaking rally. The sell-off appears linked to two major factors: a shift in U.S. monetary policy expectations and a potential bubble in speculative demand.

The primary catalyst was the expected nomination of Kevin Warsh as the next Federal Reserve Chair. Markets interpreted this selection as signaling a move toward a potentially more hawkish monetary stance focused on inflation control and balance sheet reduction. This shift boosted the U.S. dollar and raised bond yields, which in turn diminished the appeal ...

The John F. Kennedy Centre for the Performing Arts in Washington, D.C., is scheduled to close for about two years starting July 4 for extensive renovations, an announcement made directly by President Donald Trump. The decision heightens ongoing controversy surrounding the national arts institution, which has faced significant artist protests and leadership changes since the president became involved.

The centre, designated by federal law as a memorial to the late President John F. Kennedy, was renamed the "Donald J. Trump and John F. Kennedy Memorial Centre for the Performing Arts" in December. This action, taken by a board of trustees recently ...

Israel has announced it will terminate the humanitarian operations of Médecins Sans Frontières (Doctors Without Borders, or MSF) in the Gaza Strip. The decision comes after the medical charity refused to comply with an Israeli order to hand over a list of its Palestinian and international staff working in the territory. Israeli authorities claim the measure is necessary for security, alleging some MSF staff have links to armed groups, which the charity vehemently denies.

MSF stated it could not provide the list without concrete assurances from Israel that the information would not be used in a way that puts its staff ...

In an interview on Kim Iversen's show (@KimIversen), activist Guy Christensen discussed his ongoing lawsuit against Ohio State University (OSU), which has reached a crucial legal juncture. Christensen was expelled in May 2025 following his outspoken social media criticism of U.S. policy towards Israel and Gaza. The university's action came after he finished his first year, claiming his posts constituted threats. Christensen and his legal team from the American Civil Liberties Union (ACLU) argue that the expulsion was a direct violation of his constitutional rights.

A federal judge has issued a preliminary ruling strongly favouring Christensen. The opinion stated it was ...

Claims of a lack of accountability for COVID and allegations of a US government cover-up were the focus of a recent interview featuring economist Jeffrey Sachs on The Jimmy Dore Show.

In the discussion, Sachs outlined his view that the most plausible explanation for the origins of COVID-19 is a lab-related incident linked to US-funded research, rather than a natural spillover from a wet market. He argued that gain-of-function research, allegedly supported by US government funding, was being conducted prior to the pandemic and that key records have never been fully examined or disclosed.

Sachs criticised what he described as a failure ...

Zack Polanski, the deputy leader of the UK's Green Party, has thrust the issue of drug legalisation to the forefront of political debate, directly challenging the Labour government's stance. During Prime Minister's Questions, Polanski argued for a fundamental shift in national drug policy, advocating for the legalisation and regulation of currently illicit substances alongside alcohol.

Polanski's central argument is that the current prohibitionist model has failed, fuelling organised crime, endangering users with unsafe products, and overcrowding prisons without addressing root causes. He proposes a public health-centred approach, emphasising harm reduction, safe consumption, and treating addiction as a health issue rather than ...

A new travel advisory from the German government highlights a significant shift in how key allies perceive stability and security within the United States. In an analysis from the House of El channel (@HouseofEl), the late January advisory is noted not for terrorism or natural disasters, but for "violent clashes with immigration authorities" in American cities like Minneapolis, as well as an "increased risk of politically motivated violence."

The advisory carries unusual diplomatic weight by explicitly stating that having a valid ESTA travel authorisation does not guarantee entry, and that U.S. border authorities hold final discretionary power with no recourse for ...

Prince Andrew faces renewed and intensified scrutiny following the release of new documents and allegations linked to the Jeffrey Epstein case. A second woman has come forward publicly, claiming that the late financier sent her to the United Kingdom for a sexual encounter with the Duke of York. These recent claims add to a long-standing scandal that has persisted despite Andrew's settlement in a civil suit with Virginia Giuffre in 2022.

The allegations have prompted significant political and legal reactions. UK Prime Minister Keir Starmer has explicitly called for Prince Andrew to give evidence to the relevant US authorities, specifically suggesting ...