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While bank runs in the US are getting all the coverage, a much bigger run on the US dollar itself has begun. It’s a familiar story of gold, Cuban cigars, and the French. But what does it mean for you?
After the West imposed sanctions on Russia, Bangladesh was looking out for ways to settle $110 million for the Rooppur power plant which is under construction in the South Asian country
The Dow was the least worst of the majors with Nasdaq lagging just behind Small Caps (SPY -0.5%). Biden administration weighs rule to reduce nicotine levels in cigarettes. The Market in Perspective Here are the headlines moving the markets. Lithium Mega-Merger Creates New $3 Billion Company Australian lithium minersGalaxy Resources (ASX:GXY)andOrocobre (ASX:ORE)haveagreed to a merger that would create a $3.1 billion (A$4bn) company, set to be the worlds fifth largest producer of lithium chemicals, the refined form of the raw material used to make electric vehicle (EV) batteries. The busine...
On the heels of Biden's big blowout, the dollar is tumbling...(biggest 3-day slump since the election/vaccines in early Nov)... Source: Bloomberg And bitcoin surged back up near $58,000, erasing the losses from its record highs in mid-Feb... Source: Bloomberg Did Washington just 'cut the rope' from reality? On Thursday China's parliament approved a resolution to impose sweeping changes on Hong Kong's electoral system which is ultimately aimed to ensure that mainland loyalists are in firm control of running the city. The new requirement of "patriotism" to run for Hong Kong's legislature mean...