Precious metals markets brought relief Monday as gold and silver recovered from one of their steepest declines in recent memory. Gold climbed from an 8% crash to $4,465 per ounce, …
Business
-
Liverpool will become the European headquarters for Chinese carmaker Chery’s research and development operations, with the state-owned manufacturer establishing a comprehensive facility on Merseyside. The headquarters will integrate European commercial …
-
British budget airline EasyJet has warned that European Union baggage regulations could trigger the collapse of revenue models that have enabled the low-cost carrier revolution. Legislative proposals to mandate free …
-
President Trump has pressured South Korea with a demand for action, threatening 25% tariffs on major exports over a stalemate regarding a trade agreement from 2024. The announcement targets automobiles, …
-
The debate over Germany’s gold held abroad is intensifying as more experts voice concern. Political developments have added urgency to the discussion. Germany stores over one-third of its gold in …
-
The European Parliament has officially suspended the US trade deal ratification, directly responding to President Trump’s threat of 10% tariffs unless Europe supports his Greenland acquisition plans. This parliamentary decision …
-
Gold Reaches $4,689 and Silver Surges to $94 as Nordic Countries Join Major European Powers in Tariff Crosshairs
by admin477351Monday’s global financial markets witnessed extraordinary movements as precious metals achieved historic price levels in response to tariff threats affecting both major European economies and Nordic nations. Silver led the …
-
BP has formally devalued its “transition business,” announcing a writedown of up to $5 billion as part of a strategic pivot back to fossil fuels. The impairment charges apply to …
-
The arrest of over 10,000 people in Iran has prompted a fierce economic response from President Donald Trump. Citing the regime’s brutal crackdown, Trump imposed a 25% tariff on any …
-
Comparing modern credit card rates to “loan sharking,” Donald Trump has announced a 10% interest rate cap intended to crush high borrowing costs. The policy, revealed on Truth Social, will …