The captain of the Flydubai Flight to Tel Aviv has been identified as Smit Machchhar from India. He
was stabbed with a knife by his co-pilot, an Omani, in the cockpit on Flydubai flight FZ1073. Passengers and crew members intervened, subdued the attacker, and helped stabilize the flight. Both pilots were taken to hospital after landing and Saudi authorities have arrested the co pilot.
Capt. Machchhar remains under medical care. Wishing him a complete and speedy recovery. ♥️
Satwik-Chirag
They just won:
The China Masters
In China
In front of a Chinese home crowd.
The word Fear?
Not in their vocabulary.
A salute, Gentlemen
🫡🇮🇳
@zerohedge Never worry about Debt ! If at any time shit is about to hit the fan, Trump will back stop all AI Debt😄 What’s a trillion or two in Guarantees in a country with 40 trn debt ! Prepare for the biggest rally ever to 10,000
@GlobalMktObserv If at any time shit is about to hit the fan, Trump will back stop all AI Debt😄 What’s a trillion or two in Guarantees in a country with 40 trn debt ! Prepare for the biggest rally ever to 10,000
The Crypto Apocalypse
Out of 20k ICOs:
80% of them (16k) were a total criminal scam in the first place - steal the money and run - based on results of an academic research paper.
Another 18% of them (3.6k) went to zero and collapsed .
Of remaining 2% (400) that survived those below the top 10 have lost on average over 90% of their value since their peak .
Of the top 10 : Bitcoin is down 45% from peak, Ethereum is down 55% from peak, XRP is down 60%, Solana and Dogecoin are down 65%, Cardano is down 75%.
“Stablecoins” like Tether are now breaking the buck and trade below par. While dozen of “stablecoins” went totally bust in last decade.
Memecoins - including $Trump and $Melania - are down 95% .
NFT indices are down 95%.
Pump & Dump, Wash Trading, Ponzi Schemes were 99% of crypto standard operating procedure.
Now this whole Ponzi scheme house of cards is unraveling . Read my recent column on why and how:
https://t.co/ju7HIqPOgW
🇨🇳 $19B GONE: CHINA’S GOLD TRADING SCHEME BLOWS UP
JieWoRui, China’s “trust us with your gold” investment platform, just froze a staggering $19 billion in customer assets, locking users out of both withdrawals and physical delivery.
Their solution? A weak offer to pay 20% back, maybe, someday. Investors are furious.
Source: @BitcoinNewsCom
China has become a crucial source of liquidity for the global financial system:
China's non-official sector holdings of overseas assets surged +$260 billion in Q3 2025, to a record $1.95 trillion.
This marks a +$1 trillion increase over the first 3 quarters of 2025, more than doubling the average annual growth over the last 10 years.
Over this period, Chinese private investors bought +$535 billion worth of US and European stocks and bonds, outpacing any full-year increase over the last two decades.
The surge was driven by a record $1.2 trillion trade surplus, with ~66% of foreign assets ending up with companies, individuals, and state lenders rather than the central bank.
As a result, China’s central bank reserve assets rose just +$230 billion in the first 3 quarters of 2025.
China used to park most of its export earnings in central bank reserves, but now those funds flow through the private sector into global markets.
The global financial system is becoming increasingly reliant on liquidity sourced from China.
@zerodhamarkets The constitutional principle is that if a state law is repugnant to a central law on a concurrent subject, the central law prevails, and the state law is void to the extent of the repugnancy. Concurrent list gives primacy to centre enacted laws.
Accounting for about 17 percent of the world's goods trade, the US is overestimating its capability to lever change in the world's trade rules by simply wielding a tariff baton. Let alone the fact that it has not introduced any practical rules in the process so far except a protectionist, unilateral and exploitative approach under the cover of the "art of the deal"., writes china daily