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(Own report) – The EU is preparing to take initial steps toward adopting methods of US sanctions and impose extraterritorial punitive measures on enterprises of third countries including those in the United Arab Emirates and possibly in Turkey, as EU Commission President Ursula von der Leyen confirmed yesterday. They will first focus on the resale of sanctioned EU goods to Russia. Thus, in the future, enterprises will be punished even if they are not based within the EU and, therefore, are not subject to EU norms. The extraterritorial implementation of one’s own system of norms is in viola...

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?