Trump Threatens 100% Tariffs on BRICS Over Potential New Currency
Former US President Donald Trump threatened 100% tariffs on BRICS nations—Brazil, Russia, India, China, South Africa, and recently added members—if they create a new currency to replace the US dollar, escalating tensions over global financial power.
Trump Threatens 100% Tariffs on BRICS Over Potential New Currency
Former US President Donald Trump threatened 100% tariffs on BRICS nations—Brazil, Russia, India, China, South Africa, and recently added members—if they create a new currency to replace the US dollar, escalating tensions over global financial power.
Progress
52% Bias Score
Canada's Potential Economic Union with the U.S.: Benefits and Risks
An Angus Reid survey reveals that Canadians under 55 lack deep emotional attachment to Canada, and their attachment depends on the country providing a good standard of living. This raises concerns about Canada's integration with the U.S., and the potential benefits and drawbacks of adopting the U.S....
Canada's Potential Economic Union with the U.S.: Benefits and Risks
An Angus Reid survey reveals that Canadians under 55 lack deep emotional attachment to Canada, and their attachment depends on the country providing a good standard of living. This raises concerns about Canada's integration with the U.S., and the potential benefits and drawbacks of adopting the U.S....
Progress
36% Bias Score
Yuan Depreciation Amidst US-China Monetary Divergence
The Chinese yuan is weakening against a strengthening U.S. dollar due to diverging monetary policies and China's economic challenges, prompting the PBOC to prioritize exchange rate stability over further monetary easing to prevent a sharp currency fall.
Yuan Depreciation Amidst US-China Monetary Divergence
The Chinese yuan is weakening against a strengthening U.S. dollar due to diverging monetary policies and China's economic challenges, prompting the PBOC to prioritize exchange rate stability over further monetary easing to prevent a sharp currency fall.
Progress
52% Bias Score
Trump's Treasury Nominee Faces Scrutiny Over Tax Cuts and Global Trade
US Treasury nominee Scott Bessent, a former George Soros employee and Trump advisor, plans to prioritize supply chain security, sanctions, and maintaining the US dollar's global dominance, while facing Senate questioning on taxes, tariffs, trade and potential conflicts of interest; his confirmation ...
Trump's Treasury Nominee Faces Scrutiny Over Tax Cuts and Global Trade
US Treasury nominee Scott Bessent, a former George Soros employee and Trump advisor, plans to prioritize supply chain security, sanctions, and maintaining the US dollar's global dominance, while facing Senate questioning on taxes, tariffs, trade and potential conflicts of interest; his confirmation ...
Progress
40% Bias Score
Record High Dollar Sparks Market Uncertainty and National Security Concerns
The U.S. dollar has surged to a historic high of 110 on the Dollar Index, causing stock market declines and raising national security concerns due to manufacturing job losses, prompting the incoming Trump administration to consider countermeasures like tariffs and taxes on U.S. Treasury purchases.
Record High Dollar Sparks Market Uncertainty and National Security Concerns
The U.S. dollar has surged to a historic high of 110 on the Dollar Index, causing stock market declines and raising national security concerns due to manufacturing job losses, prompting the incoming Trump administration to consider countermeasures like tariffs and taxes on U.S. Treasury purchases.
Progress
48% Bias Score
Trump's Misunderstanding of U.S. Trade Deficit and Dollar Dominance
President-elect Trump's claim of a US$100 million annual subsidy to Canada via the U.S. trade deficit is refuted by economists who explain that this deficit strengthens the U.S. dollar's global dominance, a phenomenon described as an "exorbitant privilege.
Trump's Misunderstanding of U.S. Trade Deficit and Dollar Dominance
President-elect Trump's claim of a US$100 million annual subsidy to Canada via the U.S. trade deficit is refuted by economists who explain that this deficit strengthens the U.S. dollar's global dominance, a phenomenon described as an "exorbitant privilege.
Progress
36% Bias Score
Trump Threatens BRICS with 100% Tariffs Over Reserve Currency
US President Donald Trump threatened BRICS nations with 100% tariffs on Thursday if they replace the US dollar as reserve currency, adding to similar threats made after the 2024 election; he also threatened 25% tariffs on imports from Canada and Mexico from Saturday, potentially impacting oil, to co...
Trump Threatens BRICS with 100% Tariffs Over Reserve Currency
US President Donald Trump threatened BRICS nations with 100% tariffs on Thursday if they replace the US dollar as reserve currency, adding to similar threats made after the 2024 election; he also threatened 25% tariffs on imports from Canada and Mexico from Saturday, potentially impacting oil, to co...
Progress
60% Bias Score
Oil Prices Fall on Trump's Trade Policy and Dollar Strength
On Tuesday, oil prices fell due to President Trump's delayed but potentially significant tariffs on Canada and Mexico, a stronger U.S. dollar, and the potential end of the Red Sea shipping disruption; Brent crude dropped 1.9% to $78.63, while West Texas Intermediate fell 2.8% to $75.74.
Oil Prices Fall on Trump's Trade Policy and Dollar Strength
On Tuesday, oil prices fell due to President Trump's delayed but potentially significant tariffs on Canada and Mexico, a stronger U.S. dollar, and the potential end of the Red Sea shipping disruption; Brent crude dropped 1.9% to $78.63, while West Texas Intermediate fell 2.8% to $75.74.
Progress
44% Bias Score
US Dollar Strength Dominates 2024 Currency Markets
In 2024, the US dollar strengthened significantly against most major currencies, particularly emerging market ones, driven by aggressive hedge fund positions and reflected in options trading; the Canadian and Norwegian Krone experienced the heaviest selling.
US Dollar Strength Dominates 2024 Currency Markets
In 2024, the US dollar strengthened significantly against most major currencies, particularly emerging market ones, driven by aggressive hedge fund positions and reflected in options trading; the Canadian and Norwegian Krone experienced the heaviest selling.
Progress
40% Bias Score
China's Central Bank Takes Steps to Stabilize Yuan Amid Strong US Dollar
On Monday, China's central bank governor vowed to stabilize the yuan against the strong US dollar, raising the macro-prudential adjustment parameter for cross-border financing to 1.75 and issuing central bank bills in Hong Kong, resulting in the yuan modestly strengthening to 7.3320 per dollar.
China's Central Bank Takes Steps to Stabilize Yuan Amid Strong US Dollar
On Monday, China's central bank governor vowed to stabilize the yuan against the strong US dollar, raising the macro-prudential adjustment parameter for cross-border financing to 1.75 and issuing central bank bills in Hong Kong, resulting in the yuan modestly strengthening to 7.3320 per dollar.
Progress
44% Bias Score
Syria's rejection of monetarism: economic production drives money supply
Post-Assad Syria shows increased US dollar circulation despite previous illegality, driven by economic activity rather than central bank policy, challenging monetarist views on money supply control.
Syria's rejection of monetarism: economic production drives money supply
Post-Assad Syria shows increased US dollar circulation despite previous illegality, driven by economic activity rather than central bank policy, challenging monetarist views on money supply control.
Progress
52% Bias Score
Yuan Expected to Rebound Despite Short-Term Pressures
Despite short-term pressure from US tariffs and a strong dollar, the Chinese yuan, currently at 7.3231 against the dollar, is expected to rebound due to high labor productivity, $3.2024 trillion in foreign exchange reserves, and government policy support.
Yuan Expected to Rebound Despite Short-Term Pressures
Despite short-term pressure from US tariffs and a strong dollar, the Chinese yuan, currently at 7.3231 against the dollar, is expected to rebound due to high labor productivity, $3.2024 trillion in foreign exchange reserves, and government policy support.
Progress
44% Bias Score