Author name: Economy Mirror Team

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ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 237.79 points or 0.60% to 39,901.19 • Shanghai increased 13.05 points or 0.37% to 3,516.83 • Hang Seng decreased 18.81 points or -0.08% to 24,498.95 • ASX 200 increased 77.20 points or 0.90% to 8,639.00 • SENSEX decreased 375.24 points

While the world was distracted by the Epstein debacle, legislators introduced the GENUIS Act that would permit the US government to regulate stablecoins. The GENUIS (Guiding and Establishing National Innovation for U.S. Stablecoins Act), primarily sponsored by Senator Bill Hagerty (R-Tennessee), permits the government to oversee, regulate, and define the $250 billion stablecoin market. Now,

The European Union has just proposed a staggering €2 trillion budget over seven years, with a major focus on military defense spending. Once again, Brussels is proving that when governments face internal collapse, they do not turn toward reform. Rather, they turn toward militarism. The war cycle is intensifying. The proposal would allocate 2 trillion

One company has been looking to one of the world’s oldest professions to gauge the state of the economy—sex work. “The ‘stripper index’ is an unconventional economic indicator that correlates changes in sex work revenue, such as escort pricing, strip club tips, and related search interest, with broader economic cycles,” Erobella states on its website.

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 14.62 points or -0.04% to 39,663.40 • Shanghai decreased 1.22 points or -0.03% to 3,503.78 • Hang Seng decreased 72.36 points or -0.29% to 24,517.76 • ASX 200 decreased 68.50 points or -0.79% to 8,561.80 • SENSEX increased 63.57 points