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Fertilizer and energy prices have risen sharply, putting cost pressures on American agriculture. The Strait of Hormuz accounts for one-fifth of global oil transportation and about one-third of the world's seaborne fertilizer trade. About 35% of America's fertilizer supply relies on imports, including phosphate and nitrogen fertilizers from the Middle East. This planting season, affected by the situation in the Middle East, domestic prices for energy and fertilizer in the US have risen significantly, adding to the woes of American farmers who were already suffering from the tariff policies of the Trump administration and depressed agricultural product prices. (CCTV)

Mike Reed stated that as a traditional financial institution, FTDA is building its business on the blockchain with a crypto-native mindset and pointed out that the industry is still in its early stages but developing rapidly. (Cointelegraph)

Glonghui, April 16 | The stock trading division of a certain exchange set a record, with intensified market volatility driving the bank’s profit to its highest level in nearly twenty years. The company stated in a report on Wednesday that first-quarter stock trading revenue increased by 30% to $2.8 billion, exceeding expectations, while fixed income trading business revenue grew by less than 1% to $3.5 billion, falling short of analysts’ consensus forecasts. The bank also raised its full-year net interest income expectations, citing shifted forecasts for Federal Reserve rate cuts, alongside assumptions of continued growth in loans and deposits.