On Thursday, President Trump signed an executive order creating a Strategic Bitcoin Reserve, alongside a separate stockpile for other cryptocurrencies. The reserve will primarily consist […]
Category: Economy
Gold Revaluation Could Lead to ‘Messy’ Consequences for Fed, Wrightson Says
Revaluing the U.S. gold reserves might appear appealing amid debt-ceiling pressures, but it could have significant repercussions for the financial system, increasing liquidity and delaying […]
Honda and Nissan Call Off Megamerger After Weeks of Negotiations
Honda and Nissan have officially called off their planned megamerger following weeks of negotiations, both automakers confirmed on Thursday. “It’s very unfortunate that we could […]
Yen Strengthens as Bank of Japan Rate Hike Expectations Surge
The Japanese yen is poised to rise against the US dollar for the fourth consecutive week, driven by growing expectations that the Bank of Japan […]
Germany’s Trade Surplus with US Persists Despite Industrial Downturn
Germany, Europe’s economic powerhouse, continues to hold the largest trade surplus with the United States among EU countries, even as its industrial sector faces significant […]
Baltic Countries Brace for Russian Retaliation as They Exit Soviet-Era Power Grid
The Baltic nations of Lithuania, Latvia, and Estonia are preparing for potential cyberattacks and other forms of retaliation as they finalize their long-planned exit from […]
The Collapse of the Yen Carry Trade in 2024: What It Means for Japan’s Stock Market in 2025
The unwinding of the long-standing yen carry trade in 2024 sent shockwaves through global markets, particularly impacting Japan’s stock market. As the dust settles, investors […]
UnitedHealthcare CEO Brian Thompson Killed in Targeted Shooting: What We Know So Far
December 6, 2024 Brian Thompson, the CEO of UnitedHealthcare, was fatally shot on his way to an investors’ gathering, a shocking incident that has left […]
Europe and South America Forge Landmark Trade Pact Amid U.S. Tariff Threats
December 6, 2024By Marcus K As the U.S. ratchets up trade tensions under renewed tariff threats from former President Donald Trump, the European Union (EU) […]
Trump’s BRICS Tariff Threat Sparks Global Economic Concerns
Former president suggests aggressive trade measures as BRICS bloc grows Washington, D.C. — Former President Donald Trump has stirred controversy with his proposal to impose […]