Global Markets Snapshot: Ukraine strikes Russian oil infrastructure, causing major fires in Krasnodar Krai. Bitcoin experiences significant correction, dropping from $121,745 to around $70,000, representing a 42% decline. President Trump controversially supports maintaining high housing prices to protect homeowner wealth, sparking debate amid affordability concerns. India advances AI strategy with a $15 billion Google-backed "Data City" project in Visakhapatnam. Geopolitical tensions remain high as Ukrainian drone attacks target Russian energy facilities, while Russian diplomatic signals suggest potential shifts in Ukraine conflict resolution. Small business Detroit Axle challenges current tariff policies through a legal lawsuit, arguing executive order overreach. Market volatility continues to impact global economic landscape.
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