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🇳🇨New Caledonia GDP (2023)

⚠️International Monetary Fund (IMF) and World Bank (WB) data for New Caledonia are not available for recent years. The figures below are from the United Nations (UN) (2023).

UN (2023)

Nominal (current) Gross Domestic Product (GDP) of New Caledonia is $10.14 billion ($10,139,988,153) as of 2023, according to the United Nations (UN).The GDP growth rate in 2023 was −0.4%, according to the United Nations (UN).GDP per Capita in New Caledonia (with a population of 289,870 people) was $34,981 in 2023, an increase of $1,465 from $33,516 in 2022; this represents a change of 4.4% in GDP per capita.
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$NEWT Recent price action: After listing on Binance and other major exchanges, NEWT saw heavy volatility — a strong initial surge to highs near ~$0.80 followed by significant profit-taking and pullbacks.
• Volatility drivers: Large airdrop distributions and unlocked tokens led to early sell pressure post-listing, a common pattern in newly launched tokens.
• Technical view: Volume spikes and network activity can fuel short-term moves, but price has struggled to sustain above key resistance levels amid broader market weakness.
• Support & resistance: A key support level around ~$0.10–$0.11 is being tested after pullbacks; upside hinges on whether NEWT reclaims structural levels.
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🇺🇸🇩🇰🇬🇱 DENMARK, THE US, AND GREENLAND TO NEGOTIATE

🔹 Denmark welcomes the upcoming negotiations with the US, calling them “necessary dialogue.”

🔹 The Greenland government will participate directly in the discussions.

🔹 Under the 2009 Autonomy Act, Greenland has the legal right to secede from Denmark if its citizens vote in favor. Greenland has its own parliament and government, and governs most internal affairs autonomously. Denmark does not rule directly, only overseeing defense, foreign affairs, and currency.

🔹 The US stated that the discussions focused on dialogue and security cooperation, not military action, while emphasizing Greenland's strategic role in missile defense and Arctic security.

🔹 European leaders reaffirmed Greenland's sovereignty and supported Denmark, warning against imposing force.

🔹 Denmark stated that existing defense agreements allow the US extensive military access in Greenland and are enhancing Arctic security capabilities without altering its sovereignty.
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A former French tax official, Ghalia C., has been arrested and convicted (currently appealing) for abusing access to confidential tax databases to collect and sell personal information, including home addresses and financial data, of numerous individuals, including crypto investors. This information was allegedly sold for cash and transferred via Western Union, and some victims subsequently became targets of violent attacks.

The incident occurred amidst a wave of home invasions and kidnappings targeting crypto holders in France, with serious ransom demands and violence.

The event has raised significant concerns within the crypto community that KYC requirements and the centralization of data at agencies like the tax office could inadvertently create “target lists” for criminals if leaked or exploited by insiders.
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WE KNOW THE NEXT FED CHAIRMAN IS LIKELY TO BE "KEVIN," BUT WHICH KEVIN IS UNKNOWN

PRESIDENT TRUMP SAYS HE HAS DECIDED ON THE NEXT FED CHAIRMAN, SECRETARY BESSENT BELIEVES MORE INTEREST RATE CUTS ARE NEEDED FOR A STRONGER ECONOMY

🔸 Treasury Secretary Scott Bessent said lower interest rates are the missing piece for stronger US economic growth and urged the Fed not to delay further cuts.

🔸 He said lowering interest rates would have a direct and clear impact on people's lives and investment, thereby supporting Supporting President Trump's economic program

🔸 President Donald Trump has stated that he has decided who will be the next Fed Chairman. On Polymarket, Kevin Warsh is at 38% and Kevin Hassett at 37%, indicating they are the two leading and nearly equal candidates.

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🔸 The market's biggest concern with Kevin Hassett is his close relationship with President Trump, as he is currently the National Economic Advisor, which could raise concerns about the Fed's independence.

🔸 Regarding crypto, Kevin Hassett is seen as more pro-government; however, Kevin Warsh has also invested in crypto startups, showing that he is not closed off to digital assets.
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President Trump Leaves Open the Possibility of Using Military Force to Protect US Oil Interests in Venezuela

🔹 The White House said President Trump does not rule out the possibility of using the US military to protect American workers and oil interests in Venezuela, although diplomacy remains a priority.

🔹 President Trump called on US oil companies to invest billions of dollars to rebuild Venezuela's energy sector.

🔹 The US has increased its military presence in the Caribbean, including deploying the aircraft carrier USS Gerald R. Ford, but President Trump insisted the US is not at war with Venezuela.

🔹 President Trump will meet with leaders of ExxonMobil, ConocoPhillips, and Chevron. Chevron is currently the only US oil company operating in Venezuela under a special license.
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PRESIDENT TRUMP WANTS TO BAN LARGE INSTITUTIONAL INVESTORS FROM BUYING SINGLE-FAMILY HOMES

🔹 President Trump announced he will immediately take steps to ban large institutional investors from buying more single-family homes in the US, with the message: "Homes are for living in, not for corporations."

🔹 The goal of the policy is to reduce pressure on housing prices and bring home ownership back to Americans, especially young people, amidst high housing prices and mortgage interest rates.

🔹 Following this statement, shares of major funds and institutions such as Invitation Homes, Blackstone, Apollo Global Management, and BlackRock all fell in price.

🔹 President Trump has not yet announced details on how the ban will be enforced, but said he will urge Congress to legislate on the policy and will present further housing proposals in his upcoming speech at the World Economic Forum.
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