Trump Defends Saudi Crown Prince, Addresses Epstein Files, and Crypto Market Slumps

Trump's Defense of Saudi Crown Prince

• 👑 President Trump defended Saudi Crown Prince Mohammed bin Salman (MBS) regarding the murder of Jamal Khashoggi, stating MBS "knew nothing about it."
• 🤝 The visit marked a high point for US-Saudi ties, with Trump designating Saudi Arabia a major non-NATO ally and agreeing on deals including arm sales, civil nuclear cooperation, and artificial intelligence.
• 💰 MBS pledged to increase Saudi investment in the US from $600 billion to nearly $1 trillion.
• ✈️ A key deliverable discussed was the potential sale of F-35 jets to Saudi Arabia, with Trump indicating the kingdom might receive the same aircraft as Israel.

Epstein Files and White House Pressure

• 📜 A bill approving the release of the Epstein files was overwhelmingly passed by Congress and sent to President Trump's desk.
• 🏛️ The White House was reportedly caught off guard by the speed of the bill's passage through the Senate.
• 🎙️ Trump threatened to pull ABC News broadcast licenses after a reporter asked about the Epstein files during a meeting with MBS.
• 💔 The Epstein situation, coupled with concerns over the cost of living, has contributed to Trump's approval rating sinking to its lowest at 38%.

Crypto Market Downturn

• 📉 The cryptocurrency market has experienced a significant downturn, with over $1 trillion wiped off in the last six weeks.
• 📉 Bitcoin has fallen below $90,000 for the first time in seven months, erasing its gains for the year.
• ⚠️ Analysts attribute the slump to doubts over US rate cuts and increased investor caution regarding risk assets.
• 📈 Broader market jitters, including concerns around AI, have impacted tech stocks and cryptocurrencies.

Meta's Antitrust Victory

• ⚖️ A US District judge ruled that tech giant Meta does not hold a monopoly in social networking.
• 🚫 The Federal Trade Commission's request for Meta to spin off Instagram and WhatsApp was denied.
• 💡 The judge found the FTC had incorrectly excluded platforms like YouTube and TikTok from market analysis, which weakened their case.

International Relations and Trade

• 🌍 The Saudi Crown Prince expressed belief in the future of the United States and Trump's initiatives for economic growth.
• 🕊️ Trump mentioned the