China Has Already Exported More Cars Than Last Year
• https://thedailyeconomy.org, By: Kevin WilliamsGrowing global sales of EV and PHEV models have pushed China's export numbers to their highs, despite shrinking sales at home.
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Growing global sales of EV and PHEV models have pushed China's export numbers to their highs, despite shrinking sales at home.
Araghchi said Brics members back stronger use of national currencies in trade, while a common currency remains under consideration
The Global Monetary Reset Has Begun (Hint: Gold, Bonds, Japan are Just the Start)
Saudi Aramco Q2 Oil Sales Averaged $108 per Barrel, Ukraine Out of Patriot Missiles, Yen Carry Trade Dying
India is deepening ties with Brics for energy, trade and Global South cooperation while relying on the US and its Indo-Pacific partners for technology, defence and maritime security. The strategy allows New Delhi to pursue its interests without becom
Brics Summit Live Updates: Security has been tightened across central Delhi, with heightened deployment along key routes linking the airport, hotels and summit venue. Traffic curbs and diversions are also in effect across several parts of the capital
When Brics leaders meet, de-dollarisation becomes a major talking point. But is the US responsible for de-dollarisation debate? Firstpost speaks to former Indian envoy Gaddam Dharmendra.
European Commission President Ursula von der Leyen has her eyes on the trillions Europeans have sitting in their bank accounts.
China, the world's largest oil importer, is bidding up crude prices across Africa, Canada, and Latin American markets as disruptions in the Hormuz chokepoint and limited Iranian supplies intensify competition for alternatives.
US Treasury Secretary went full judge, jury, and executioner on speculative yen shorts overnight with probably the most direct explicit jawboning we have seen in years...
Delivery Connect: Linking China's Gold Market With Hong Kong
Washington continues to misread BRICS as chiefly anti-West, but real story is how Asian energy, tech and connectivity are moving to the fore
How will we deal with private property in Europe in the future?
Nations aren't just shuffling monopoly money around anymore, they're yanking physical gold out of American vaults by the hundreds of tonnes because they no longer trust the system that printed the world's reserve currency into oblivion.
Japan's life insurers are giving me both Silicon Valley Bank and 2008 AIG vibes.
Goldman Sachs Warns Oil Could Soon Rise Above $120 A Barrel And The Price Of Diesel Just Set Another Record As World War 3 Continues To Escalate
Argentina is perhaps the most fascinating economic experiment taking place anywhere in the Western Hemisphere.
Have you ever watched cars in motion and thought the wheel spokes were rotating backwards?
Central banks worldwide purchased a net 23 tonnes of gold in July, in line with the overall yearly trend, according to the World Gold Council (WGC).
Russian Gold Floods Into Hong Kong as Sanctions Redirect Bullion East
Brics is building a multipolar cross-border payment architecture designed to reduce dependence on the US dollar and Western financial networks.
Goldman explained this week that Gulf oil exports had recovered to between 15 million and 16 million barrels per day, roughly two-thirds of prewar levels, with the rise of dark tanker transits obscuring some flows from conventional tracking via the A
You Are NOT Ready! - This is an ACT NOW Thing! - From the Ashes of Lady Liberty's Torch,... Freedom's Phoenix!
Rising yields are turning sovereign debt from an abstract fiscal problem into an immediate budget constraint.
... JUST BEFORE THEIR MARKET OPEN. LAST TIME, THEY SOLD ¥1,980,000,000,000.00 - AND GLOBAL MARKETS DROPPED 5-7% WITHIN HOURS!
The stablecoin issuer is extending its tokenization business into Saudi Arabia, starting with institutional real estate assets with plans to expand to other asset classes.
Its government borrowed more than twice its GDP. The reckoning economists persistently predicted never arrived. Rates fell towards zero, debt kept growing and nothing broke.
Amid two days of talks among G20 finance ministers and central bank heads gathered in Asheville, North Carolina, an unexpected and deeply awkward issue (for some) has emerged.
The Natural Equilibrium
Welcome back to Impact Theory. In today's episode, I dive deep into the wild ride happening right now in the bond market and what it means for the future of the US dollar and the global economy.