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Nalezeno "Economics": 2251

Trump’s Tough Talk on Iran Sends Rial Tumbling to Record Lows


The Iranian currency plummeted to new lows against the U.S. dollar after President Donald Trump reinstated his “maximum pressure” policy against the Middle East country. Trump’s Rhetoric Impacts Markets The Iranian currency plummeted to new lows against the dollar after the U.S....

Russia and Ethiopia Take Steps Away From US Dollar as Dedollarization Grows


Countries are accelerating a shift away from the U.S. dollar in trade, with Russia and Ethiopia deepening currency ties to enhance economic stability and reduce reliance on foreign exchange. Global Shift Away From US Dollar Accelerates—Russia and Ethiopia Deepen Currency Ties Countries worldwide...

Gold Prices Break $2,900 as the West Takes Cover From Tariff Turmoil


Gold prices have broken records once again, inching closer to the $3,000 key level. This phenomenon has been accompanied by an unusual movement of physical gold to COMEX vaults, as investors cling to tangible assets amidst the current geopolitical backdrop. Gold Keeps Shining, Breaks All-Time High...

Iran Backs Unified BRICS Currency—With a Focus on National Interests


Iran supports a unified BRICS currency if all members agree, signaling a shift toward economic cooperation as the bloc explores alternatives to reliance on the U.S. dollar. Iran Supports Unified BRICS Currency Amid Global Tensions Iran has expressed willingness to support the creation of a unified...

Trump Tariffs Rattle Canadian Economy, But Bitcoiners May Come Out on Top


The Royal Bank of Canada (RBC) described the impact of Trump’s actions as the “largest trade shock in nearly 100 years.” Canadian ‘Loonie’ Plummets as Bitcoin Soars Amid Trade War President Donald Trump slapped Canada and Mexico with a 25% tariff on all goods...

BRICS Currency Plans? Russia Says Investment Comes First


BRICS is focusing on investment partnerships over currency unification, Russian officials indicated, as discussions around reducing reliance on the U.S. dollar continue amid global economic shifts. Russia Puts BRICS Currency Speculation to Rest—Here’s the Bloc’s Real Financial Agenda Russian...

Trump’s Hard Edge Emerges: Canada and Mexico to Pay 25% Tariffs


President Trump has decided to apply tariffs to Mexico and Canada. Speaking to reporters at the Oval Office, Trump revealed he would implement a 25% tariff regime on imports from these countries starting February 1. Trump to Follow Early Threats: Mexico and Canada to Pay 25% Tariffs President...

Christine Lagarde en Garde: Bitcoin Will Not Enter Central Bank Reserves


ECB President Christine Lagarde was confident about the stance the EU central banks would take on adding bitcoin as a reserve asset. She stated that, due to several reasons, this would not happen. ECB President Christine Lagarde Confident That EU Central Banks Won’t Adopt Bitcoin The concept...

Nassim Taleb Warns About AI’s Bubble Bursting: ‘This Is the Beginning’


Taleb believes that the recent drop in NVIDIA stock prices, which dragged down the whole U.S. stock market, might be the start of a more pronounced fall in Nvidia’s market cap and the AI sector. Black Swan’s Nassim Taleb Warns Nvidia’s Losses Could Mark the Start of a Larger...

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