Aldrin Zigmund Cortez Velasco

Investor. Economist. Software developer. FOSS advocate. Gay. Consecrated to the Immaculate Heart. 💙

[Aldrin Zigmund Cortez Velasco @AldrinZigmundV]

Made an experimental free and open-source non-custodial Bitcoin wallet with a strong emphasis on simplicity and user-friendliness, inspired by my experience working with the elderly customers of a smart TV manufacturer. #Bitcoin #BTC #crypto #FOSS
https://t.co/Z3M92OwIDn

[OilPrice.com @OilandEnergy]

Beijing is pushing PetroChina, Sinopec and CNOOC to drill more as Iranian crude for China dries up. China tapped storage to cover a 530,000 bpd shortfall in September, its fourth draw in five months. #China #OilPrice #Iran #Crude

https://t.co/b8ne5K60ci

[Tracy Shuchart (𝒞𝒽𝒾 ) @chigrl]

Physical crude oil markets

[Brian Tycangco 鄭彥渊 @BrianTycangco]

Good morning Pinas!

64 na!

[Roger @rdd147]

Yikes. Anthropic just pulled the exact accounting trick that companies did in 2000 bubble for IPO.

They hid all their expenses via convertible notes redeemable at IPO. $108 billion worth.

Dotcom firms often paid suppliers, ad agencies, lawyers and even landlords with stock or equity to save cash. AOL swapped shares for services and ads (e.g., Homestore, DrKoop). Telecom suppliers like Lucent, Cisco and Nortel used vendor financing, sometimes with equity or warrants, to drive equipment sales.

[The Hormuz Letter @HormuzLetter]

BREAKING: A US fighter jet has just struck an anti-ship cruise missile launcher in Sirik, southern Iran, with a number of IRGC forces wounded and ambulances heading to the area, per initial reports and local sources.

[Barchart @Barchart]

China just pumped 129 Billion Yuan ($19 Billion) into their stock market to try and stop the longest losing streak in their history 🚨

[zerohedge @zerohedge]

Anthropic token price hits record low, rapidly catching down to openAI

[JustDario @DarioCpx]

Beware that the volatility in the Diesel futures market is through the roof, and I believe the reason is that traders are pricing in a high risk of shortages to begin anytime

[Brian Tycangco 鄭彥渊 @BrianTycangco]

At this rate, we’ll break 64 before the week is out. Like I said, just because the peso has come down by a lot doesn’t mean it can’t keep going down. We are in a perfect storm right now.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Brazil’s stock market falls -20% after President Lula da Silva is unexpectedly re-elected.

[Open Source Intel @Osint613]

CNN REPORT: Israel has suspended plans for additional strikes on Iran in the immediate term, per American and Israeli sources. It is preparing for possible joint action with the U.S. after the midterm congressional elections.

Netanyahu wanted a joint U.S.-Israel strike on Iran before the elections. He tried hard to convince Trump. Trump did not give the green light.

One reason: IDF Chief of Staff Eyal Zamir told U.S. Chairman of the Joint Chiefs Dan Caine that such a strike would damage Israel's elections and lead to their postponement.

[C14 News | EN @c14english]

🚨🇮🇷🇺🇸 DEVELOPING: IRAN AND US MAINTAIN TENSE CONTACT AS TEHRAN REJECTS DEMANDS FOR SURRENDER

Amid escalating tensions, Iranian Foreign Ministry spokesman Esmail Baghaei confirmed Tehran continues exchanging messages with Washington through intermediaries, including Qatar, while accusing the Trump administration of demanding Iran’s complete surrender — terms he insisted Tehran would absolutely refuse.

Unsurprisingly, the exchanges have not produced any tangible progress or diplomatic breakthrough.

[OilPrice.com @OilandEnergy]

Britain is paying up to £50 million a day to balance its grid, switching off wind farms and firing up gas plants because transmission lines can't carry the power. September's £505 million bill was a record, and consumers pay it. #UK #Grid #Energy

https://t.co/zXdr2CtpFk

[Lukas Ekwueme @ekwufinance]

Global jet fuel prices are surging... They are at ~$200 per barrel.

Meanwhile, Ryanair's CEO warns Europeans that a wave of airline bankruptcies and takeovers will lead to the biggest airfare increases in history.

We will get fewer seats and higher prices.

Global air travel normally grows ~5% annually... Yet in August, it's down by ~1% YoY.

And 58% of international tourists travel by air.

Tourism contributes ~$11.6T to the global economy, ~10% of GDP

Higher airfares and fewer flights = fewer tourists = lower hotel occupancy = less spending in restaurants and fewer jobs.

The Iran war is sending shockwaves through the global economy...

[Open Source Intel @Osint613]

i24NEWS: The U.S. and Israel are heading towards a joint military campaign against Iran, with an attack considered a matter of when, not if, according to American officials.

President Trump is very close to escalating military action against Iran, and despite ruling out an attack tonight, he has left the door open for strikes in the coming days.

The operation is expected to go beyond strikes on Iran's nuclear and missile programs, targeting ports and other facilities as well, with the aim of destabilizing the regime, though overthrowing it may not be an objective.

[The Hormuz Letter @HormuzLetter]

BREAKING: Pentagon prepares every major US military base to operate for at least 90 days without outside electricity, fuel, water or supplies, anticipating a major war that could cripple power grids, break global supply chains and threaten critical infrastructure on US soil, per Fox News.

The plans include portable nuclear reactors, large-scale battery storage and microgrids able to disconnect installations from the civilian electrical grid entirely.

[zerohedge @zerohedge]

Enter The Dragon: Hartnett Says China Is Now The Biggest Risk To Global Earnings, Here's Why https://t.co/aVJOHNkToi

[The Hormuz Letter @HormuzLetter]

BREAKING: US strikes on Iran are now "no longer a question of if, but when," with Trump ready to "shift gears on Iran," per a US official to i24NEWS.

[Open Source Intel @Osint613]

An airport in Riyadh and an air base in the Saudi city of Khamis Mushait were hit, according to the Houthis, who claim to have attacked several targets across Saudi Arabia.

[First Squawk @FirstSquawk]

BRENT CRUDE HITS $116.72, HIGHEST SINCE APRIL, AMID RISING MIDDLE EAST TENSIONS