Why Global Stocks are Tumbling

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Welcome to the TLDR News Daily Briefing

In today’s episode, we run through the possibility of the US falling into a recession. Also, we discuss why the prime minister of Bangladesh has resigned; riots in the UK continue; and Ukraine receives first ever F-16 fighter jets from the US.

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Further reading:

✍️ Global Stocks Fall

• https://www.reuters.com/markets/global-markets-wrapup-1-2024-08-04/
• https://www.euronews.com/business/2024/08/05/week-ahead-for-markets-sell-off-raises-fears-of-continuing-slide 
• https://www.bloomberg.com/news/articles/2024-08-04/goldman-economists-lift-limited-us-recession-risk-to-25?embedded-checkout=true 

✍️ Prime Minister of Bangladesh Resigns 

• https://www.theguardian.com/world/article/2024/aug/05/bangladesh-pm-has-resigned-and-left-country-media-reports-say-sheikh-hasina 
• https://www.bbc.co.uk/news/articles/c8vdd4venj7o
• https://apnews.com/article/bangladesh-hasina-student-protest-quota-violence-1496d6471792cbc11f39c3bacee813f7

✍️ Riots in the UK Continue 

• https://www.theguardian.com/uk-news/article/2024/aug/04/rioters-try-to-torch-rotherham-asylum-seeker-hotel-amid-far-right-violence
• https://www.bbc.co.uk/news/articles/cjjww791xnlo
• https://news.sky.com/story/rioters-break-into-holiday-inn-hotel-in-rotherham-as-injured-police-officer-carried-away-by-colleagues-13190695 

✍️ Ukraine Receives F-16 Fighter Jets

• https://www.bbc.co.uk/news/articles/c4ng1p72wlwo

✍️ TLDR Good News

• https://m.economictimes.com/magazines/panache/chinese-docs-perform-medical-miracle-team-removes-patients-lung-tumour-from-5000-km-away/amp_articleshow/112245188.cms
• https://www.indiatoday.in/amp/health/story/chinese-doctor-removes-tumour-from-patients-lungs-while-being-5000-km-away-2575862-2024-08-02

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