Dollar getting dethroned?

Hey there scroller 🤳

Ready for another day’s headstart with some fresh news?

What’s Hot? Ready to dive back into the magic of cinema? Celebrate the magic of cinema this Sunday, Aug. 27th, with National Cinema Day! Enjoy the latest summer blockbusters, timeless classics, and exclusive content on 30,000 screens at 3,000 theaters for only $4 a ticket. Book your seat now! 🍿

If your pal sent this to you, then subscribe to stay the most informed person in the room😉

📉 S&P Downgrades Several US Banks Amid Tough Conditions

S&P Global downgraded credit ratings for several U.S. banks, citing funding risks, reliance on brokered deposits, large deposit outflows, and higher interest rates. The agency noted that a sharp rise in interest rates is impacting banks' funding and liquidity, adding that deposits at FDIC-insured banks will decline as long as the Federal Reserve is "quantitatively tightening."

🌐 China-Russia Bloc Targets US Dollar, Seeks New World Order

The BRICS bloc, led by China and Russia, is challenging the U.S. dollar's dominance in global trade, with South Africa's ambassador stating, "The days of a dollar-centric world is over." The group is considering a new international currency to replace the dollar, a move driven by the "weaponization" of the U.S. dollar in sanctions. Over 40 countries have expressed interest in joining BRICS to reduce currency risk and bypass U.S. sanctions.

💧 Japan Set to Release Fukushima Plant Water from Aug. 24

Japan will start releasing treated radioactive water from the Fukushima nuclear plant on August 24, a move criticized by China and local fishing groups. The initial release will contain tritium levels below WHO limits, and the IAEA has deemed the plan safe with a "negligible" impact. Despite this, concerns persist about reputational damage to the fishing industry. Prime Minister Fumio Kishida said the release is crucial for decommissioning the plant and noted that an "accurate understanding" of the plan is spreading internationally.

🌳 Ecuador Votes No to Amazon Oil Drilling

Ecuadorian voters have approved a referendum to ban oil drilling in the biodiverse Yasuni National Park, hailed as a "historic victory" by environmental group Yasunidos. The vote, part of a snap election, saw nearly 60% support for the ban. Indigenous leader Nemonte Nenquimo celebrated the decision as a turning point where "the planet started to win, and corrupt politicians and oil companies lost." The park, a UNESCO biosphere reserve, is home to unique species and Indigenous communities.

🔥 PM Trudeau Criticizes Facebook for Blocking Wildfire Updates

Canadian PM Justin Trudeau has criticized Meta, for blocking news content amid Canada's record wildfires, stating it prioritizes "corporate profits ahead of people's safety." Trudeau emphasizes the importance of local news access in emergencies. British Columbia Premier David Eby expressed frustration, as many residents rely on news shared through Facebook for wildfire updates.

🍏 Apple Already Developing A19 and M5 Chips

Apple is reportedly working on future A-series and M-series chips, as evidenced by leaked Chip IDs sourced from the Tatsu Signing Server. A brute-force method revealed Chip IDs possibly linked to the A17, A18, and A19 generations and up to the M5 Max. These IDs suggest ongoing chip development, but they didn't provide details about specifications or features.

🎮 Farewell: Nintendo Reveals Mario's Voice Actor Retiring After 30 Years

After 27 years, Charles Martinet, the original voice of Nintendo's Mario, is stepping back from the role and becoming a Mario ambassador. The change was noted after fans heard a different voice in the upcoming game Super Mario Bros Wonder. Martinet, who once said "I want to voice Mario until I drop dead," did not voice Mario in the high-grossing Super Mario Bros Movie but did voice two minor characters.

🤼‍♂️ John Cena Set For WWE SmackDown Return Next Month

John Cena is set to return to WWE on Sept. 1 at SmackDown in Hershey, PA, after a surprise appearance at London's Money in the Bank, where he advocated for a London-hosted WrestleMania. Cena will also appear at WWE's first live event in India since 2017, on Sept. 8. It's still unclear if he'll wrestle in these events.

🔫 U.S. Child Gun Deaths Reach New High

In 2021, U.S. child firearm deaths hit a record high of 4,752, up 8.8% from 2020. Pandemic-related gun buying led to 30 million kids in firearm households. Black children, nearly half the victims, saw an 11-fold death rate compared to white peers. Males comprised 85% of victims, with adolescents (15-19) at 83%. A Pew study also noted a 50% rise in child gun deaths between 2019 and 2021, the highest since 1999.

👮‍♂️ Trump to Surrender at Fulton County Jail on Thursday

Former President Donald Trump plans to surrender to Fulton County jail this Thursday as part of a Georgia racketeering case. Trump, agreeing to a $200,000 bond and release conditions. The bond order, signed by Judge Scott McAfee, states, "The Defendant shall perform no act to intimidate any person...or to otherwise obstruct the administration of justice." This marks Trump's fourth criminal case this year.

💸 New York's $1T Loss as Wall Street Firms Exit: Report

Amid soaring crime, taxes, and living costs, 160 Wall Street firms, such as Icahn Capital, Goldman Sachs, and Elliott Management, have relocated from NYC since 2019, taking $1 trillion in assets. This mass migration benefits Florida and the South, driven by cost efficiency and tax advantages. The shift threatens NYC's economy and tax revenue, potentially causing a 45% bonus decrease.

💼 Job Seekers Demand Higher Wages: Men Expect $25K More Than Women

Americans' wage expectations hit a record high, averaging $78,645 in July 2023, up 8% from the previous year. Rising due to inflation and economic conditions, wages haven't countered price surges. Gender and education play a role; women and college grads ask less. ZipRecruiter's Julia Pollak notes the media's impact on women's expectations and highlights research showing salary transparency reduces the "ask gap."

Thanks for scrolling with us🤳

Want to share Daily Scroll with a Pal? Forward this email and invite them to join our community of savvy scroll-ers.

We'd love to hear your feedback on today's issue of Daily Scroll! Simply reply to this email and share your thoughts on how we can improve our content and format.

Have a great week and see you tomorrow🕺