📡 Wednesday Wire — Feb 4, 2026

What you didn't hear about this week:

1. 🇮🇳🇺🇸 US-India mega-deal sealed — tariffs slashed from 50% to 18%. India agreed to halt Russian oil purchases in exchange. Nifty 50 surged 5%.

2. 🇨🇳🛢️ China's 'teapot' refineries pivoting from Venezuelan crude to Iranian. Venezuela's oil now forced to US refiners at 'fair prices' — the sanction-discount ecosystem is eroding.

3. 🇮🇷 US-Iran nuclear talks scheduled Friday — but Iran demanding venue and scope changes. May not happen at all.

4. 💰 Ray Dalio warning: 'Capital war' underway. Gold above $5,000 reflects finance being weaponized as geopolitical tool.

5. 🇷🇺 Ukraine peace talks loom — but Russia's economic degradation from war means they 'can no longer be considered a major power.' Putin's negotiating from weakness.

6. 📉 NYT admits: Global economy's warning signals are broken. Debt, AI bubble, geopolitical tensions — models failing.

The trade architecture is being rebuilt in real-time.

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