EXPECTED TERMS OF US-IRAN PEACE DEAL: 1. Extends ceasefire between US and Iran for 60 days 2. Begins 60-day negotiation period for technical discussions around Iran's nuclear program 3. Removes US Naval blockade and reopens Strait of Hormuz 4. US will commit to discuss sanctions relief with Iran 5. US will commit to discuss the release of frozen Iranian funds 6. Peace deal includes permanent end to fighting on all fronts, including Lebanon 7. Final agreement to be signed on June 19th in Switzerland We expect to receive more detail on terms shortly.

Hundreds of Korean women march in protest against the LGBTQ in Seoul

Yesterday, THOUSANDS protested at the US Embassy in Manila, Philippines, during the Philippines Independence Day. The Filipinos DEMANDED that the US MILITARY LEAVE THE PHILIPPINES. TRUMP = A MASTERCLASS IN MAKING ENEMIES.

🚨South Korea is on the verge of a BEAR MARKET: The Kospi index CRASHED -8.8% at the open on Monday, bringing its decline from the recent peak to nearly -17%, putting the index on pace for an outright bear market. A circuit breaker was triggered shortly after the open, halting trading for 20 minutes, with the Korea Exchange holding an emergency meeting to assess rising volatility. Samsung Electronics fell as much as -11% and SK Hynix slid -10%, with the 2 stocks accounting for ~54% of the Kospi's total market weight. Meanwhile, retail investors, who had been purchasing everything foreign investors were selling over a record 21-session streak of outflows, are now facing severe losses on leveraged positions. Furthermore, margin debt in South Korea reached a record 38 trillion won, or ~$24.4 billion, as of end-May, amplifying the scale of this selloff. Is the AI BUBBLE in South Korea bursting?

BREAKING: South Korea’s stock market has been halted after falling -8.4% at the open.

TRUMP: “I CALL THE SHOTS. I CALL ALL THE SHOTS. HE [NETANYAHU] DOESN’T CALL THE SHOTS.” - FT INTERVIEW

The Iranian navy, which has been destroyed eight times, has apparently closed the Strait of Hormuz again, because the United States, for the seventh time, won the war that wasn’t a war, so now the United States has to open the Strait of Hormuz that was already open before the not-war began. The not-war began because Iran had uranium that was totally, completely, beautifully obliterated, so they can’t build the nuclear bomb they weren’t building, which is why the United States had to start the not-war it definitely didn’t start. Now the United States, which has nuclear weapons, is threatening to use nuclear weapons to stop Iran from getting nuclear weapons, because nuclear weapons are far too dangerous for countries with nuclear weapons to allow other countries to have. If the United States saw the United States doing what the United States does in other countries, the United States would invade the United States to liberate the United States from the tyranny of the United States.

BREAKING: Iran has launched a major ballistic missile and drone attack on Kuwait in response to the new US strikes, per the Kuwaiti Army. Massive explosions are now heard all the way to Basra, Iraq.

Trump’s empire of debt ft.trib.al/3ZSrI2O

THIS IS INSANE. Samsung and SK Hynix alone could generate enough tax revenue to cover nearly HALF of South Korea’s national debt. The two chip giants are expected to generate over ₩2,600 TRILLION ($1.7 TRILLION) in operating profits between 2026 and 2028. At an estimated 25% corporate tax rate, that could translate into roughly $435 BILLION in tax revenue alone, which is nearly half of South Korea’s national debt.

S. Korea finance minister flags worries about an increase in leveraged stock market exposure.

BREAKING: Bitcoin falls below $64,000. Bitcoin has now lost -$400 billion in market cap since May 11th.

🇮🇱🇱🇧 Israel continues heavy airstrikes across southern Lebanon despite the reported Trump-Netanyahu understanding to hold off on Beirut. Escalation continues. Civilian areas keep getting hit while the world watches. When does this cycle actually stop? Source: TABZ (Telegram)

Anyone with dual citizenship should be prohibited from holding federal appointed or elected office or any role in the U.S. government inside the United States.

BREAKING: Iran announces it is ending all negotiations with the US and vows to "completely" block the Strait of Hormuz, per CNBC. Iran says it is ending negotiations due to repeated ceasefire violations including Israeli strikes in Lebanon. Iran also threatens to block the Bab el-Mandeb Strait.

Didn't realize how long the CX was till I saw one irl.

🇯🇵 Japanese crude oil reserves post the largest drawdown in the country’s history