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Bad bet – Drake’s first F1 bet comes at a $300,000 loss

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The interest in Formula One in the U.S. has taken off since the Netflix Series ‘Drive to Survive’ and that means more betting on the sport

Canadian rapper Drake put huge money down on Ferrari’s Charles Leclerc to win the Spanish Grand Prix.

300,000 Canadian dollars was the bet and if the Frenchman won the race, Drake was taking home $750,000 thousand.

Leclerc

Leclerc started from pole and led the race for the first 27 laps before disaster struck, power unit issues saw the 24-year old fail to finish.

Red Bull’s was handed the victory and championship lead to Max Verstappen.

Drake is no stranger to publicising his big bets although this was the first time he put money down on an F1 Grand Prix.

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Charlie Kirk’s legacy reshaping US conservatism

“Charlie Kirk united GOP grassroots through social media and activism, but his death raises questions about future leadership.”

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Charlie Kirk united GOP grassroots through social media and activism, but his death raises questions about future leadership.


Charlie Kirk transformed the Republican grassroots movement by fusing social media reach with in-person activism, turning Turning Point USA into a cultural and political force.

His bold campus debates, viral online presence, and close alliance with Donald Trump energised young conservatives and boosted GOP turnout.

With his assassination, questions now loom over who can continue his unique blend of digital influence and grassroots organising.

#CharlieKirk #TurningPointUSA #ConservativePolitics #GOP #Grassroots #TickerNews


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Vance vows crackdown after Kirk murder

VP Vance condemns celebrations of Kirk’s assassination, vows to target institutions promoting political violence, and criticizes left-wing media.

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VP Vance condemns celebrations of Kirk’s assassination, vows to target institutions promoting political violence, and criticizes left-wing media.


US Vice-President JD Vance has condemned those celebrating the assassination of conservative activist Charlie Kirk, pledging the Trump administration will target institutions that promote political violence.

Speaking on Kirk’s own podcast, Vance accused left-wing media of fuelling hostility and warned that unity cannot exist while political violence is tolerated.

#CharlieKirk #JDVance #USPolitics #PoliticalViolence #TickerNews


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Dollar steady as markets await Fed’s rate decision

Dollar steady ahead of Fed’s expected rate cut decision on Wednesday

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Dollar steady ahead of Fed’s expected rate cut decision on Wednesday

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In Short:
– The U.S. dollar stayed stable as investors await the Federal Reserve’s interest rate cut announcement.
– Asian equities rose, with the MSCI Asia Pacific Index hitting a record high amid U.S. market gains.
The U.S. dollar remained stable on Monday as investors await the Federal Reserve’s upcoming policy meeting, where the central bank is expected to announce its first interest rate cut in nine months.
Trading volumes were low due to a holiday in Japan, causing currencies to remain rangebound.Banner

Market participants have largely priced in a 25 basis point reduction in the federal funds rate, anticipated to bring the key rate to between 4.00%-4.25%.

This marks the first easing action since December 2024.

Recent economic data indicates a cooling labour market, with jobless claims rising to the highest levels since 2021, overshadowing inflation concerns.

Market Movements

Asian equities experienced gains, continuing a global rally, with the MSCI Asia Pacific Index reaching a record high.

Chinese shares rose close to 1% despite disappointing factory and retail sales data.

This momentum follows historical closes in U.S. markets, with the Dow Jones Industrial Average surpassing 46,000.


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