German Chancellor condemns Musk’s AfD support, Chinese hackers infiltrate the US Treasury and gang violence in Trinidad and Tobago
Andrew Sheves
Good morning. Two quick headlines today.
🇩🇪 The outgoing German chancellor, Olas Scholz, has condemned Elon Musk’s support for the far-right Alternative for Germany (AfD) party, accusing him of election interference. In addition to his support for Donald Trump and the AfD, Musk also supports the UK’s anti-immigration Reform Party. [SOURCE - Bloomberg]
🏴☠️ The US has accused China of hacking US Treasury records. China has denied the accusation but this is the latest of a series of serious breaches of US system by Chinese hackers, following the recent infiltration of US phone networks in early December. [SOURCE - BBC]
🇹🇹 Trinidad and Tobago has imposed a state of emergency in response to an increase in gang warfare. [SOURCE - Al Jazeera]
Key Metrics
WTI is $70.38 (Down)
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Wheat is $185.735 (Down)
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EuroDollar is $1.04 (Down)
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YuanDollar is $0.14 (Unchanged)
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Graphs are illustrative to show comparative price over last 180 days
Metrics via AlphaVantage updated Dec 31 2024 08:05 UTC
Americas Stability Ratings and News Summary
More Unstable
🇦🇷 Argentina, 🇧🇿 Belize, 🇧🇴 Bolivia, 🇧🇷 Brazil, 🇨🇦 Canada, 🇨🇴 Colombia, 🇨🇺 Cuba, 🇩🇲 Dominica, 🇩🇴 Dominican Republic, 🇪🇨 Ecuador, 🇸🇻 El Salvador, 🇬🇩 Grenada, 🇬🇹 Guatemala, 🇬🇾 Guyana, 🇭🇹 Haiti, 🇭🇳 Honduras, 🇯🇲 Jamaica, 🇲🇽 Mexico, 🇳🇮 Nicaragua, 🇵🇦 Panama, 🇵🇪 Peru, 🇱🇨 Saint Lucia, 🇸🇷 Suriname, 🇹🇹 Trinidad and Tobago, 🇺🇸 United States Of America, 🇻🇪 Venezuela
More Stable
No countries were more stable over this period
Unchanged
🇦🇬 Antigua and Barbuda, 🇧🇧 Barbados, 🇨🇱 Chile, 🇨🇷 Costa Rica, 🇵🇾 Paraguay, 🇰🇳 Saint Kitts and Nevis, 🇻🇨 Saint Vincent and the Grenadines, 🇧🇸 The Bahamas, 🇺🇾 Uruguay
Regional News Summary
A series of significant events across the Americas has raised concerns about safety, human rights, and economic stability, underscoring the complex challenges facing the region.
In Brazil, a tragic bridge collapse on December 24, 2024, has resulted in at least eight confirmed deaths and numerous individuals still missing. Rescue operations are complicated by fears of hazardous spills from nearby industrial sites, raising alarms about infrastructure safety standards in the country [SOURCE - CBS News]. This incident comes amid broader scrutiny of labor practices, as Brazilian authorities rec
Carpe tomorrow!