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US on verge of highest average tariff rates since 1940s
America catches investors off guard: Trump’s administration may impose tariffs soon like the world has not seen for nearly a century. Analysts cautiously suggest that the United States is heading...

ECB’s Lane urges swift adoption of digital euro to counter foreign stablecoins
European Central Bank Chief Economist Philip Lane is sounding the alarm: dollar-pegged stablecoins are getting far too comfortable on European turf. While the euro was at rest, the digital dollar...
Musk’s friendship with Trump may help SpaceX get government contracts
Elon Musk’s SpaceX may end up the biggest winner in the space race for government contracts under a Donald Trump presidency. In the United States, maintaining a favorable relationship with...
Turkish banks pay $8 billion for lira rescue
Turkish banks have learned the hard way that defending the national currency does not come cheap. In a bid to halt the free fall in the lira, they were forced...
Trump greenlights domestic mineral mining
US President Donald Trump has decided it is time to stop relying on imports and has signed an executive order to ramp up the extraction of critical minerals. The list...
US dollar might lose its status as Trump obsessed with crypto
American economist Barry Eichengreen warned that US President Donald Trump's policies could undermine the dollar’s status as the world’s reserve currency. Eichengreen believes that the dollar has always owed...