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Polish Army Operations Command: Air operations within Polish airspace related to Russian airstrikes in Ukraine have ended. No violations of Polish airspace occurred.February 7th - Gold is experiencing significant volatility, but the market remains strongly confident in the fundamental drivers of the long-term (upward) trend. Nick Cawley, Global Markets Analyst at Salomon Brothers, stated that the current volatility is merely short-term noise. He expects gold prices to break through $5,000 again in the coming weeks and retest the multi-decade high of $5,600 in the second quarter. Market consolidation is healthy, especially after a strong rebound, and the technical outlook remains positive. Tailwinds persist; while the dollar may be strong now, interest rate cuts in the coming months will weaken it, or at least prevent further gains. Rania Gule, Senior Markets Analyst at XS.com, stated that while gold prices may remain below $5,000 per ounce in the short term, a rise to $6,000 by the end of the year is still possible. The market has not yet exhausted its bullish momentum. However, investors have become more discerning and cautious, meaning future gains are likely to be accompanied by more corrections and are more driven by fundamentals than pure momentum or speculation. The precious metals market is currently in a repositioning phase, not a trend reversal.Ukraines Energy Minister: Russia attacked Ukraines energy generation and distribution facilities.Polish air navigation service: To ensure the freedom of movement of military aviation, airports in Rzeszów and Lublin have temporarily suspended operations.February 7th - According to a news release from the Guangdong Provincial Forestry Bureau on the 7th, the Nanyue Green and Beautiful Ecological Investment Fund has been established and officially launched, and is currently steadily advancing the implementation of its first batch of projects. As the first government investment fund in China focusing on the forestry industry, its establishment marks a breakthrough in Guangdongs forestry investment and financing mechanism. It will inject precise and efficient financial momentum into the construction of a green and beautiful Guangdong, accelerate the transformation of "green mountains and clear waters" into "gold and silver mountains," and provide important support for the deep integration of ecological civilization construction and industrial upgrading throughout the province.

Twitter Shares Fall as Musk's $44 Billion Take-Private Deal Faces "Serious Danger"

Charlie Brooks

Jul 08, 2022 11:08


During Thursday's after-hours trade, it was reported that Twitter's $44 billion take-private plan with Elon Musk is in "serious danger" as a result of Musk's decision to pull back fundraising efforts owing to continuous worries over spam accounts.


After-hours trading for Twitter Inc (NYSE:TWTR) declined by more than 3 percent following the news.d


According to unnamed sources cited by the Washington Post, Musk and his team suspended fundraising efforts for the acquisition after concluding that Twitter's data on spam accounts are unverifiable.


Twitter has stated that it deletes over 1 million spam accounts everyday and believes that bot accounts account for less than 5% of its user base. In an attempt to allay Musk's concerns, the social media behemoth has recently disclosed a plethora of data, but Musk's team remains skeptical and believes "they do not have enough information to analyze Twitter's financial prospects," according to a report citing sources.



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