Court Rules Most Trump Tariffs Are Illegal: Administration Braces for SCOTUS Appeal
An appeals court has ruled 7-4 that President Trump’s use of tariffs is illegal, and supplants the traditional role…
Category: Economies & Markets
Firefly Aerospace Raises Over $800 Million on First Day on Wall Street
Firefly, a civil-commercial spaceflight company out of Texas, recently raised over $800 million on Wall Street during its initial…
Huge Jump in Producer Prices Point to Tariffs Beginning to Weigh on American Businesses
The July Producer Price Index (PPI) report printed an eye-catching 0.9% month-over-month increase, the largest such increase recorded in…
Japan’s Trade Deal with the US Draws Fire Over Lack of Documentation
Japan’s decision to move forward on a major tariff agreement with the United States without issuing a formal, written…
How Scott Bessent Using a Leverage Buyout to “Save” Ukraine
Reprinted with permission from Germinal G. Van… Scott Bessent, the incumbent US Secretary of the Treasury, recently “bought” Ukraine…
Cambodia, Indonesia Closing in on Deals with US, but Malaysia in No Rush
Announced frameworks between the US and Southeast Asian nations seem to be materializing, alleviating fears that the high tariff…
Trump Promised 90 Deals in 90 Days: He Got Just 2 and Now Looks for More Time
“We invite you to participate in the extraordinary Economy of the United States, the Number One Market in the…
As the Trump Tariff Deadline Looms, Vietnam Is Relieved, Japan Resigned
A 90 day pause in the implementation of President Donald Trump’s new tariff rates will expire on Wednesday, and…
Trump Tariffs Present as Boon to Budgets and Burden to Buyers
The Trump reciprocal tariff regime could reduce the Federal budget deficit by $2.8 trillion over the next 10 years…
He Put the Tariffs on, They Took the Tariffs off, They Put the Tariffs on—Economies Are Shaking all About
Mass uncertainty surrounds the near term future of US-Asian trade, so much so that businesses in some economies including…
Shanghai Gold Exchange to Set Up Warehouses for International Deliveries and Favored Pricing in RMB
In major eastern financial news, the Shanghai Gold Exchange could soon be delivering specific products to overseas partner warehouses…
Do Any Economists Believe Trump’s Tariffs Will Improve the American Economy?
Story at a glance… President Trump announced a new tariff regime that has placed at least a 10% tax…
China Believes it’s Found World’s Two Largest Gold Deposits Totaling 2,000 Tonnes—Right Within its Own Borders
Geologists in China have now reported that they have identified two new large gold deposits inside the country that,…
Gold’s Remarkable Rise to $1 Million a Bar Offers Rare Media Flashpoint of a Quiet Bull Market
News broke last week that upon reaching a new all-time record high of over $2,500 per troy ounce, the…
Azerbaijan, Malaysia Launch Formal Bids to Join BRICS
To mark the occasion of the visit of President Vladimir Putin to Baku, Azerbaijani officials announced they had launched…
US Debt Per Citizen Grows 10% Faster Than the Population Since 2008
Financial analysts have looked at the growth rate in the share of the national debt per citizen and found…
After 100 Days of ‘Shock Therapy’ Milei Retains Robust Support Even from Struggling Argentines
The “first 100 days” is used as a political measuring stick around the world to gauge the progress of…
75 Years of Sea Level Rise Estimated to Cost 1 Year of American Military Spending
The economies of the European Union and the United Kingdom could face almost one trillion euros in lost productivity…
Argentina’s Milei Sends Sweeping Economic Reforms to Congress as Battle Against Inflation Begins in Earnest
Fiery political figures become so based on the legislation they propose, not the rhetoric they use, and the Omnibus…
Economic Costs of Climate Change Pale in Comparison to Financial Crises
If an environmental activist can’t seem to wrap their head around why the wealthy nations of the world aren’t…