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After 50 Years, Death of the Petrodollar Signals End of U.S. Hegemony
TheStreet.com· 2 days agoNow, as this deal has not been renewed, Saudi Arabia can trade or deal in currencies outside of the...
Donald Trump reportedly wants to raise tariffs to pay for tax cuts
Business Insider via Yahoo Finance· 19 hours agoBy one estimate, such a conflict could emerge as soon as next year. Trump has disputed...would be a...
The Petrodollar Is Dead and That's a Big Deal
The Forex Market· 17 hours 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...
India's Trade Gap Widened in May
Morningstar· 1 day 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 ...
Romanian Trade Deficit Widens In April
RTT News· 5 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, ...
The Dangers of a US Capital Inflow Tax | by Maurice Obstfeld - Project Syndicate
Project Syndicate· 1 day 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· 1 day 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 ...
Oil dips, but posts weekly gain on solid 2024 demand outlook
Reuters via Yahoo Finance· 2 days agoNEW YORK (Reuters) -Oil futures prices settled slightly lower on Friday after a survey showed...
Turkey to impose additional 40% tariff on all China vehicles
Automotive News· 5 days agoTurkey will raise tariffs on all vehicle purchases from China by 40 percent, in a bid to curb imports and narrow the current account deficit. The tariff imposed will be a ...
Saudi Arabia Drifts Away from Washington and the Dollar
Ludwig von Mises Institute· 13 hours agoEarlier this week, those of us who follow news about the US dollar’s global status noticed numerous...
