“Coordinated intervention has worked almost every time.” @donnelly_brent says dollar-yen only gets a durable top if Japan gets real policy coordination, not another unilateral smash. Otherwise, the trade stays tactical: short into intervention, cover quickly, and wait for the real catalysts.

Coordinated Takedown of Scam Centers Leads to at Least 276 Arrests; Alleged Managers and Recruiters Charged in San Diego “Fraudsters who target Americans from overseas cannot operate with impunity, no matter where in the world they reside,” said Assistant Attorney General A. Tysen Duva. “The charges and arrests announced today reflect an international consensus that scam centers are unwelcome everywhere and must be rooted out. Scam center organizers and fraudsters who defraud Americans and others will face justice in American courts and in courts around the world. In contemporary society, fraud is borderless, and law enforcement activity to combat it and eliminate it is as well.” 🔗:

EU COORDINATES POSSIBLE ENERGY RESERVE RELEASE WITH U.S. The European Commission says it is in high-level talks with the U.S. administration over the global oil market and potential emergency stock releases. Brussels is coordinating EU member states’ positions through the IEA, describing the situation as a “global energy price crisis.” The talks come as Washington pressures Europe to release emergency diesel inventories.

EU COORDINATES POTENTIAL MASSIVE DIESEL STOCK RELEASE The EU is coordinating a joint position on releasing emergency diesel reserves after the U.S. requested European action to ease fuel prices and avert a potential export ban. Reuters reports Washington is seeking a 120 million-barrel release over six months. Diesel markets are already reacting, with U.S. and European refining margins falling sharply on the prospect of additional supply.

A coordinated long-range drone strike just ripped through the Koledino mega-hub in Podolsk—the largest Wildberries logistics artery in the entire Russian Federation. ​Over 250,000 square meters of critical supply infrastructure—a facility employing more than 13,000 personnel—is currently swallowed by an uncontrollable wall of fire. Thick black plumes are suffocating the Moscow skyline as secondary detonations tear through the complex, turning one of the country's most vital commercial distribution centers into an inferno. ​Hundreds of miles behind the front lines, the reach is undeniable. The war didn't just knock on Moscow's door tonight—it blew the roof off. ​#BreakingNews# #UkraineWar# #Moscow#