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Earthquake M 6.9
NEW BRITAIN REGION, P.N.G., 2025-04-04 20:04:40 UTC
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182 posts9 participants5 posts today
Oil prices fall on decreased demand due to global economic downturn!
"China's aggressive countermove to U.S. tariffs all but confirms we are heading towards a global trade war; a war that has no winners and which will hurt economic growth and demand for key commodities such as crude oil and refined products," said Ole Hansen, head of commodity strategy at Saxo Bank.
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https://www.cnbc.com/2025/04/04/oil-set-for-worst-week-in-months-over-trumps-new-tariffs.html
CNBCOil tumbles 8% as China retaliates with tariffs on U.S.Oil prices were heading towards their lowest close since the midst of the coronavirus pandemic in 2021 on Friday.
BREAKING NEWS 
Senators dived into a contentious late night — or all-night — debate Friday over a Republican budget plan that’s central to Trump's agenda for trillions of dollars in tax breaks and boosts to border security and defense spending, all while slashing other government spending
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https://apnews.com/article/senate-budget-tax-cuts-trump-485845a9c0b7dfc5d2194d4c1e4723ae
Trump Regime cancels $2B in school aid for the kids.
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BREAKING NEWS
A federal judge in Massachusetts tonight issued a final judgement and permanent injunction in a case involving the Trump administration cutting medical research funding in 22 states.
In the order, the judge sided with the states that brought the suit. They had alleged that the funding cuts would “halt…cutting edge work” used to cure and treat human disease.
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NBC News · Trump administration live updates: TikTok ban deadline shifted; Supreme Court allows $65M teaching grant cuts
The $13 trillion dollar and counting disaster!
"With this signature, I lost thousands of dollars of my retirement 401k, you lost thousands.... As did we all.
Americans have lost $13 trillion dollars in two days since Trump signed his cursed executive order for tariffs."
- Aure
DAMN HIM!
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"Only the Weak Will Fail"
- Trump post on 4.4.25 after 5.5% market drop
"If that statement doesn't drive home the fact that Trump doesn't give a shit about the average American, then nothing will"
- Aure
FRIDAY, BLOODY FRIDAY...
NASDAQ DOWN 5.82%
S&P 500 DOWN 5.97%
DOW DOWN 5.5%
Trump just drug us through one of the darkest days in the history of the stock market
Up to $13 trillion in investment value was lost over the past two days
John and Jane Doe American will have to pay an extra $4,000 of their family budget just to survive where they were last week!
Grocery prices continue to climb!
Tens of Thousands of layoffs THIS WEEK!
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A stock market crash is a 10% drop in a matter of a few days.
We are down more than 8% in two days... Come Monday, we may have the next "stock market crash"!
Your thoughts?
DOW is DOWN 2,057 points!
It's dropped 5.17% in ONE DAY!
IT'S DROPPED 3,800 points in only TWO DAYS!
US Taxpayers and investors have lost more than $10 TRILLION DOLLARS since Trump took office in January!
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Trump extends TikTok deal deadline by 75 days, touts 'tremendous progress'
The president had given China’s ByteDance until Saturday to sell or divest its U.S. TikTok business
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https://www.nbcnews.com/politics/politics-news/trump-tiktok-ban-extension-rcna199394
NBC News · TikTok deal scuttled because of Trump's tariffs on China
STOCK MARKET CRASH!
CNBC host Jim Cramer said if Trump continues on the same path, the stock market dive could turn into a genuine “crash.”
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Mediaite · CNBC’s Jim Cramer Throws Around C-Word As Trump Stock Crisis Deepens — Says Slide Is Headed For R ...
U.S. stock market wiped out $9.6 trillion since Inauguration Day
U.S. stocks have had a rough go of it since Trump was sworn into office for his second term in January.
Since Jan. 17, the Friday before Inauguration Day, the U.S. stock market has seen $9.6 trillion in value erased, according to data from FactSet and Dow Jones Market Data. Of those losses, $5 trillion has been erased just over the past two days -- the largest two-day loss on record.
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US Secretary of State Marco Rubio:
"The Russians know our position in terms of wanting to end the war, and we will know from their answers very soon whether they are serious about proceeding with real peace or whether this is a delay tactic.
If it's a delay tactic, the president's not interested in that. If this is dragging things out, President Trump's not going to fall into the trap of endless negotiations about negotiations."
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Gen. Christopher Cavoli, head of the United States European Command, spoke about the Ukraine-Russia war at a Senate hearing and gave an overview of the general situation on the battlefield (second half of the video).
Several points:
The US didn't anticipate Russian losses of that scale back in February 2022, nor did they think the war would last that long.
The quality of the Russian military force, especially their ground force, has been decreasing
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BREAKING NEWS
Canadian economy lost 33,000 jobs in March, biggest loss since 2022
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Jobs reports for January and February have been downgraded
U.S. added 228,000 jobs in March, beating forecasts, as economists warn of turbulence
The surprise jump in hiring did little to cheer investors after Thursday's historic selloff, with analysts already saying last month's data reflects an economic reality Trump has upended
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NBC News · U.S. added 228,000 jobs in March, beating forecasts, as economists warn of turbulence