Economics

Trade War Escalates as Trump Threatens New Tariffs on Mexico, EU

Trade War Escalates as Trump Threatens New Tariffs on Mexico, EU

On July 12, President Donald Trump threatened to impose a 30% tariff on imports from Mexico and the European Union starting August 1, following unsuccessful trade negotiations. This escalation in the trade war has angered U.S. allies and unsettled investors. Trump communicated this decision in letters to European Commission President Ursula von der Leyen and […]

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Peter Schiff Sounds the Alarm: Bitcoin’s Rise Is a ‘Distraction’ From Silver’s Big Moment

Peter Schiff Sounds the Alarm: Bitcoin’s Rise Is a ‘Distraction’ From Silver’s Big Moment

Precious metals enthusiast and entrepreneur Peter Schiff has been spotlighting silver’s recent momentum—and taking a few jabs at bitcoin in the process, calling it a “distraction.” As Bitcoin Soars, Schiff Says Silver Is the Real Moonshot Investors Are Missing On Thursday, as bitcoin blasted past its previous all-time highs this year, the longtime gold advocate

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US Tariffs on BRICS Could Deepen Global De-Dollarization Trend, Economist Warns

US Tariffs on BRICS Could Deepen Global De-Dollarization Trend, Economist Warns

Dollar dominance faces a historic reckoning as looming U.S. tariffs on BRICS nations risk accelerating de-dollarization and fueling a rapid pivot to rival financial systems. US Tariff Threats Could Backfire as BRICS Strengthens Parallel Financial System Mounting economic divergence between major global powers is accelerating the shift toward a multipolar trade system and eroding traditional

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Trump Administration Imposes 50% Tariff on Brazilian Imports

Trump Administration Imposes 50% Tariff on Brazilian Imports

Trump noted that the new 50% tariff on Brazilian imports was justified due to the unfair treatment of former President Jair Bolsonaro and the censorship orders issued by Brazil’s courts on social media platforms. In response, Lula stated that these measures would be met with reciprocity. Trump Enacts 50% Tariff on Brazilian Products The Trump

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Belarus Proposes Introduction of Digital Currencies to BRICS Settlement System

Belarus Proposes Introduction of Digital Currencies to BRICS Settlement System

Maxim Ryzhenkov, the Foreign Minister of Belarus, stated that the upcoming BRICS settlement platforms should implement these digital currencies “as they become legally and technically ready for integration.” He emphasized that this platform would help build “a sovereign economic architecture.” Belarus Proposes Integrating Digital Currencies for BRICS Settlements Digital currencies are set to become a

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Russian Official Warns at BRICS: US Dollar Losing Trust Amid Global Financial Shifts

Russian Official Warns at BRICS: US Dollar Losing Trust Amid Global Financial Shifts

Global confidence in the U.S. dollar is crumbling as rising debt, sanctions backlash, and collapsing trust spark a powerful shift in the foundation of global finance, a top Russian official says. US Dollar Faces Intensifying Scrutiny Amid Rising BRICS Influence and Domestic Economic Strain Growing skepticism over the U.S. dollar’s long-term stability is signaling a

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Trump Threatens Tariffs on BRICS Allies Amid Push for Alternative System

Trump Threatens Tariffs on BRICS Allies Amid Push for Alternative System

U.S. President Donald Trump has threatened to impose an additional 10% tariff on countries supporting BRICS’ anti-American policies. Trump Slams BRICS’ Anti-American Policies U.S. President Donald Trump has threatened to impose an additional 10% tariff on countries aligning with the BRICS economic bloc in its endeavors to establish an alternative economic system. Writing on Truth

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Brazil’s Ambassador to India Addresses BRICS Currency Speculation

Brazil’s Ambassador to India Addresses BRICS Currency Speculation

BRICS is accelerating plans to ditch the dollar in favor of national currencies, as Brazil’s Ambassador to India clarifies direction on a unified currency and signals sweeping financial shifts. Senior Brazilian Diplomat Addresses BRICS Currency Outlook Ahead of 2025 Summit Growing momentum among emerging economies to reduce reliance on the U.S. dollar has led to

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ECB President Christine Lagarde Warns Stablecoin Adoption Might Lead to ‘Privatization of Money’

ECB President Christine Lagarde Warns Stablecoin Adoption Might Lead to ‘Privatization of Money’

Lagarde stated that the rise of stablecoin adoption has introduced other risks, as it weakens sovereignty and reduces the ability to conduct monetary policy. She emphasized that, as they currently stand, stablecoins should not be treated as money. ECB President Christine Lagarde Warns About the Dangers of Stablecoin Adoption The rise in stablecoin adoption is

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Dollar Index Reaches Critical Lows as Investors Lose Confidence in Trump’s Policies

Dollar Index Reaches Critical Lows as Investors Lose Confidence in Trump’s Policies

The dollar index is experiencing one of its worst performances since the Reagan administration, with the greenback plummeting against other fiat currencies. Analysts suggest that the inconsistent policies of the Trump administration are exacerbating this issue, prompting investors to seek safe-haven assets. Dollar Index Faces 10% Downturn in 2025 as Losses Continue to Pile up

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