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Markets React to Russia-Ukraine Tensions, Bitcoin Surges Over $90,000

Geopolitical concerns impact global markets while cryptocurrency sees record highs.

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The morning sun shines on Wall Street in New York's Financial District on Tuesday, Nov. 19, 2024. U.S. stocks are slipping Tuesday following escalations in the Russia-Ukraine war.
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Overview

  • Australian businesses face high insolvency rates as interest rates and tax debts rise.
  • Dogecoin sees a 180% monthly surge, with speculation about reaching the $1 mark.
  • Geopolitical tensions escalate with Russia's revised nuclear doctrine, affecting European and US markets.
  • Bitcoin reaches a new high, driven by expectations of a favorable regulatory environment.
  • Amcor plans to acquire US packaging company Berry Global in a significant industry deal.