marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
trade
12/05/2024
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By Arsenio Toledo
TRADE WAR: China bans export of raw materials to U.S. for high-tech and military applications
The Ministry of Commerce of the People’s Republic of China (PRC) has announced a ban on exports to the United States of several raw materials that could be manufactured for high-tech and military applications. Among the raw materials that were banned were gallium, germanium and antimony. The Commerce Ministry announced the move after Washington, D.C. expanded […]
11/27/2024
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By Laura Harris
REPORT: Tariffs during Trump’s first term would help U.S. decouple from China
A report from the National Pulse has revealed that the enactment of tariffs during the first term of President-elect Donald Trump is now helping the United States decouple from its imbalanced trade relationship with China. During Trump’s first term, he imposed 10 percent tariffs on Chinese aluminum, 30 percent on solar panels and electric vehicles and […]
09/09/2024
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By Ethan Huff
India to start trading with Russia outside SWIFT to avoid Western sanctions
The era of U.S. dollar dominance is coming to an end as the East takes control over the West. The next domino to fall is trade between India and Russia, which is now being conducted almost exclusively with local currencies (rupees and rubles) rather than Federal Reserve Notes (FRNs). Because of Western sanctions that prohibit […]
09/06/2024
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By Ethan Huff
GOODBYE, WEST: India considers using Russia’s SWIFT alternative for trade settlements
Dedollarization efforts are moving forward as the Reserve Bank of India (RBI) considers joining the new System for Transfer of Financial Messages (SPSF) settlement system created by Russia after the Belgium-based SWIFT network banned Russia from participation over Moscow’s invasion of Ukraine. India could start using this Russian alternative system to conduct rupee-ruble trade settlements, […]
07/19/2024
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By Kevin Hughes
Shipping costs are rising all over the world, striking a huge blow to international trade
The impacts of restrictions on shipping in the Red Sea and Panama Canal are now being experienced around the world. Conflicts, economic downturns and restrictions on shipping all over the world are causing shipping costs to surge, straining the free flow of international trade. In the Middle East, for nearly 10 months now, Houthi forces from […]
06/25/2024
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By Belle Carter
U.S. Treasury puts Japan back on currency manipulator watchlist for potential foreign exchange malpractices
The United States Department of the Treasury recently announced that it has once again put Japan on a list of major trading partners that it monitors for potentially unfair foreign exchange practices. Japan had been absent from the watchlist since June 2023. Currency manipulation is an effort to tinker with the value of a nation’s currency about […]
06/21/2024
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By Ethan Huff
Malaysia, which controls 25% of the world’s sea route trade via the Strait of Malacca, announced it is joining BRICS
In an interview with Chinese media outlet Guancha, Malaysian Prime Minister Anwar Ibrahim revealed that his country is preparing to join the BRICS (Brazil, Russia, India, China, and South Africa) alliance of emerging economies. Last year, BRICS decided to expand its membership ranks to challenge the current Western-led world order, which has become an overflowing […]
06/20/2024
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By Ethan Huff
BRICS in “final stages” of dedollarization mission – new non-dollar global payment system CONFIRMED
It will not be much longer before BRICS fully de-dollarizes its membership ranks, and eventually the entire world. At a meeting this week in Russia, BRICS announced that it has reached the “final stages” of its dedollarization mission, complete with a new payment system and new competing currency to the global reserve Federal Reserve Note […]
05/22/2024
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By Ethan Huff
Russia and China now conducting 90% of financial settlement transactions in national currencies – once the new BRICS currency arrives, it’s GAME OVER for the U.S. dollar
The Federal Reserve Note (FRN), a piece of paper printed by private central bankers that is backed by absolutely nothing, is on the decline after Russia and China have near-successfully completed their transition to doing virtually all trade in rubles and yuan, the two countries’ respective national currencies. Reports indicate that upwards of 90 percent […]
05/20/2024
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By Kevin Hughes
U.S. slaps new tariffs on Chinese electric vehicles, batteries and other EV hardware
The administration of President Joe Biden has passed massive tariffs on Chinese products, quadrupling duties on Chinese-made electric vehicles to over 100 percent and enforcing new levies on Chinese computer chips, solar cells and lithium-ion batteries. The White House said the latest actions are aimed to “protect American workers and businesses.” The tariffs will affect […]
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