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politics·politics bybradv

Market Would Drop By 8,000 In A "Black Monday" Sell Off - 24/7 Wall St.

On October 19, 1987, the Dow Jones Industrial Average fell 22.6%, a record based on a percentage sell-off in the market’s history. It plunged 508 points to 1,738. A similar drop today would shave 8,000 points off the DJIA.

The early market carnage in 1987 looked something like this last Thursday and Friday. The Dow sold off 2.4% on the Thursday before Black Monday and 4.6% on Friday. (The drop began Wednesday, as the Dow fell 3.8% that day.)

The effort to sell stocks on Monday, October 19, was so extreme that 11 stocks in the DJIA opened late, and 95 stocks in the S&P 500 did the same.

https://247wallst.com/investing/2025/04/06/market-would-drop-by-8000-in-a-black-monday-sell-off/Open linkView original on lemmy.ca
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worldpolitics·World Politicsbybradv

South Africa may seek way out of hosting Brics summit over Putin arrest

South Africa may abandon its role as host of this year’s Brics summit in an attempt to avoid international pressure to arrest the Russian president, Vladimir Putin, who is wanted by the international criminal court on charges of war crimes.

https://www.theguardian.com/world/2023/jun/11/south-africa-may-seek-way-out-of-hosting-brics-summit-over-putin-arrestOpen linkView original on lemmy.ca
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worldpolitics·World Politicsbybradv

Trump allies cite Clinton email probe to attack classified records case. There are big differences

As Donald Trump readies for a momentous court appearance Tuesday on charges related to the hoarding of top-secret documents, Republican allies are amplifying, without evidence, claims that he's the target of a political prosecution

https://www.independent.co.uk/news/world/americas/us-politics/donald-trump-ap-joe-biden-justice-department-fbi-b2355549.htmlOpen linkView original on lemmy.ca
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worldpolitics·World Politicsbybradv

Ukraine's Zelenskyy confirms that an offensive against Russia is underway

Ukraine's President Volodymyr Zelenskyy on Saturday gave his first formal confirmation that Ukraine's long-awaited offensive was underway against Russian troops.

"Counteroffensive and defensive actions are taking place in Ukraine. At what stage, I will not say in detail," Zelenskyy said in a joint news conference with visiting Canadian Prime Minister Justin Trudeau.

https://www.npr.org/2023/06/10/1181512637/zelenskyy-ukraine-counteroffensiveOpen linkView original on lemmy.ca
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worldpolitics·World Politicsbybradv

What’s up with those claims the US has recovered UFOs?

A former government official named David Grusch, who has worked in the National Geospatial-Intelligence Agency and the National Reconnaissance Office, has gone public and is saying some curious things.

Grusch says that he’s been told of secret government programs that have “intact and partially intact vehicles” of non-human origin. He says he’s been told both the US government and other governments have been engaged in a “publicly unknown Cold War” to try to reverse-engineer technology from these craft.

https://www.vox.com/2023/6/10/23753777/ufos-david-grusch-whistleblower-kean-blumenthal-debriefOpen linkView original on lemmy.ca
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worldpolitics·World Politicsbybradv

Trump-appointed judge will stay on Mar-a-Lago documents case unless she recuses

A federal judge appointed to the bench by Donald Trump and previously scrutinised for rulings that were solidly in Mr Trump’s favour was assigned to preside over his prosecution in a Florida court under normal procedures, denying the possibility that the case will be reassigned.

https://www.independent.co.uk/news/world/americas/us-politics/aileen-cannon-trump-documents-indictment-b2355497.htmlOpen linkView original on lemmy.ca
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