The US Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on a vast network of scam centers in South East Asia that use forced labor and violence to steal billions of dollars from Americans, according to the US Treasury's website. The sanctions include nine targets located in Myanmar's Ruigou Valley, which is notorious for virtual currency investment fraud.
Karen Braun, Reuters columnist: US corn, soyabean and wheat acreage is not a surprise. June's reported US soyabean acreage has been lower than average analysts' forecasts for 11 consecutive years. US corn acreage was slightly lower than expected. US cotton acreage was higher than all trade estimates, while sorghum acreage was lower than all estimates.
Karen Karniol-Tambour, chief co-investment officer at Bridgewater Fund, said on Tuesday that holding U.S. stocks is a "good thing" and that she expects strong economic growth under President Trump. Karniol-Tambour said the outlook for U.S. economic growth has pushed stocks higher, even as 10-year Treasury yields rose to a four-month high following Trump's victory in the November 5 presidential election. "We may still have room to grow, even with tariffs, and there are a lot of unknowns," she sai...