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After 50 Years, Death of the Petrodollar Signals End of U.S. Hegemony
TheStreet.com· 1 day agoNow, as this deal has not been renewed, Saudi Arabia can trade or deal in currencies outside of the...
India's Trade Gap Widened in May
Morningstar· 7 hours agoBy Ed Frankl India's trade deficit widened compared with the same month of last year, despite exports rising faster then imports, government figures published ...
The Petrodollar Is Dead and That's a Big Deal
The Forex Market· 1 hour agoThe petrodollar quietly died this week. While it didn't get big headlines, the demise of the petrodollar could mean big trouble for a U.S. government...
The Dangers of a US Capital Inflow Tax | by Maurice Obstfeld - Project Syndicate
Project Syndicate· 8 hours agoOne of the worst is the idea that America should pursue balancedtrade through taxes on US borrowing...
Turkey targets crypto with new 0.03% transaction tax
The Cointelegraph· 6 hours agoTurkey is preparing to introduce new taxes, including a 0.03% transaction tax on cryptocurrency trading, as part of a significant fiscal overhaul. The move aims to address the country ...
Romanian Trade Deficit Widens In April
RTT News· 4 days agoThe trade deficit rose to EUR 2.7 billion in April from EUR 2.1 billion in the corresponding month last year. During the first four months of this year, ...
Mexican Peso ‘Pandemonium’ Shows Signs of Abating as Positions Clear
Bloomberg via Yahoo Finance· 34 minutes ago(Bloomberg) -- The sharp selloff that took the Mexican peso to a 15-month low is showing signs of...
‘It’s Untradeable’: Wild Swings Roil Brazil Swap Rates Market
Bloomberg via Yahoo Finance· 6 hours ago(Bloomberg) -- Brazil should be a paradise for investors betting on lower swap rates. With...
Oil Headed for Best Week in 2 Months: Energy ETFs in Focus
Zacks via Yahoo Finance· 6 hours agoMeanwhile, the Department of Energy projects global oil demand to rise by 1.1 million bpd this year...
Colombian Peso Slumps as Traders Eye Revised Fiscal Plans
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- The Colombian peso plunged as much as 3.2%, extending weekly losses as traders fret...