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June 12th - Data released by the Federal Reserve on Thursday showed that the size of U.S. commercial paper increased in the week ending June 10th. In the latest week, seasonally adjusted outstanding U.S. commercial paper increased by $11.4 billion to $1.413 trillion. Unadjusted outstanding commercial paper decreased by $6.9 billion to $1.466 trillion. Some analysts believe that the unadjusted data is more reliable than the seasonally adjusted data because the latter is distorted by the financial crisis. Unadjusted outstanding commercial paper from foreign financial institutions decreased by $7.2 billion to $356 billion.
S&P Global Ratings: Assigns Google an AA+ credit rating with a stable outlook.
On June 12, the commander of the Hatem Anbia Central Headquarters of the Iranian Armed Forces stated that the United States, while talking about agreements and negotiations, is simultaneously taking malicious actions with ulterior motives. This blatant contradiction between US words and deeds is the root cause of instability in the region, jeopardizing trade security, the international economy, and the security of all nations, especially the Strait of Hormuz. We warn that if the United States attempts to attack Iran again, it will face a much harsher response than before, the conflict will become more widespread and escalate, and the region will descend into insecurity. In light of the recent US threats to strike Iranian oil infrastructure, we hereby declare: oil and gas exports are either open to everyone or closed to everyone.
Market news: Retail investor subscriptions for SpaceXs US IPO have reportedly exceeded $100 billion.
The U.S. Treasury Department website shows that the United States has imposed sanctions on Union Cuba Petroleo.