JPMorgan issues US ‘wealth shock’ warning

US household wealth has fallen by at least $5 trillion so far this year amid an intense market selloff, according to a JPMorgan Chase note seen by Bloomberg. The losses could amount to $9 trillion by year-end, it estimated.

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‘No limits’ to support for Ukraine – Macron

The French leader has alarmed the opposition with belligerent remarks about Russia French President Emmanuel Macron reportedly said on Thursday that he recognizes no limits or Russian “red lines” when it comes to backing Kiev, drawing criticism from both Moscow and the opposition at home.

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Türkiye ‘in talks’ with Russia on Syria airspace

A ground operation against the Syrian Kurdish YPG militia is still on the cards, the Turkish defense minister has said Ankara has been holding talks with Moscow on using Syria’s airspace in a possible cross-border military operation against the Kurdish YPG militia, Turkish Defense Minister Hulusi Akar said on Saturday, as quoted by media.

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