marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
trade
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 […]
05/08/2024
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By Cassie B.
BRICS nations are now openly preparing for a global collapse of the dollar
The BRICS group of countries are openly preparing for a potential global collapse of the dollar and talking about putting an alternative currency in place that could serve as a substitute. This is according to proclamations by Russia’s executive director for the International Monetary Fund, Alexey Mozhin. He said that the downfalls of the current […]
05/02/2024
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By Kevin Hughes
Trump economic team mulls sanctions on nations that REFUSE to trade using U.S. dollar
Economic advisers to former U.S. President Donald Trump are considering sanctions on countries that move away from the U.S. dollar. According to an April 26 report by Bloomberg News, Trump and his team are searching for alternatives to stop nations both friendly and antagonistic to Washington from ditching the greenback in favor of other currencies. […]
02/12/2024
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By Arsenio Toledo
Putin claims America is hurting itself by refusing to expand trade relations with China
Russian President Vladimir Putin recently claimed that America is only “hurting” itself by refusing to expand trade relations with China. Putin made this claim during his interview with Tucker Carlson, the video and full transcript of which were published on Thursday, Feb. 8 – the same day Putin held a lengthy phone call with Chinese […]
02/09/2024
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By Ethan Huff
Iraq to DITCH U.S. dollar for oil trades, joining growing dedollarization trend
In an effort to dodge ongoing United States sanctions against its banking system, the finance committee of the parliament of Iraq wants all oil sales from here on out to be transacted in currencies other than the Federal Reserve Notes, also known as the U.S. dollar. The committee released a statement chastising the U.S. government […]
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