In a week of significant developments, the global economy continues to grapple with rising inflation, a pressing concern for policymakers and consumers alike. According to new data, inflation has increased, sparking fears of a potential economic downturn. Meanwhile, in the world of cryptocurrency, a dramatic new milestone has been reached as Bitcoin has successfully navigated a critical test, passing through the Strait of Hormuz, a major shipping route. In politics, former US President Donald Trump has found himself at odds with some of his most loyal supporters, the MAGA movement, over a contentious issue that has left many questioning the direction of the party. As tensions escalate, the implications for Trump's future in politics remain uncertain.
Plus: Bitcoin tolls at the Strait, Trump vs. MAGA, inflation rises, and more...