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Nalezeno "Economics": 2138

China Reduces US Treasury Holdings Amid Trade War Escalation


The U.S. Department of the Treasury revealed that China reduced its exposure to U.S. debt in March, selling close to $19 billion in Treasuries. This reduction was recorded in March as the trade conflict between the two countries escalated. China Reduced Exposure to U.S. Debt Amid Tariff Conflict...

Trump’s ‘Big, Beautiful Bill’ Could Push Millions to Crypto


If Trump’s bill is passed as it stands, it would introduce a 5% tax on remittances affecting over 40 million people. Analysts warn that this could spur the use of alternative options, such as crypto, to ensure these funds reach their destination while avoiding the proposed tax. ‘Big...

Debt Reckoning: Moody’s Downgrades US Credit Amid Fiscal Freefall


On Friday, credit rating agency Moody’s downgraded the United States’ long-term credit rating from Aaa to Aa1, pointing to a decade of mounting debt and escalating interest payment pressures. The development lands amid intensifying recession concerns, turbulent trading conditions, and disjointed...

Bond Vigilantes Return: Rising Yields Fuel Recession Fears


Rising U.S. Treasury bond yields are fueling fears of tighter financial conditions, and potential recession risks as global markets grapple with heightened volatility. Flight to Safety or Prelude to Panic? Bond Market Signals Turn Ominous The yield on the benchmark 10‑year U.S. Treasury note stood...

Gold Slips as US-China Trade War Thaws; Bitcoin Holds Steady


On May 12, gold prices fell by over $100 (approximately 3%), dropping from $3,323 to just under $3,215 per ounce, while bitcoin remained stable, trading above $104,000. Trade War De-Escalation Bane for Safe Haven Asset Gold dropped marginally in the opening trading hours of May 12, while bitcoin...

Geneva Gamble: Markets Await Outcome of Secretive US-China Talks


Market analysts are closely watching the ongoing dialogue between U.S. Treasury Secretary Scott Bessent, U.S. Trade Representative Jamieson Greer, and China’s Vice Premier He Lifeng as both sides attempt to ease tensions in their prolonged trade standoff. On Sunday, Bessent and Greer noted...

ASEAN, China, Japan, and South Korea Stand Against Trump’s Protectionism


ASEAN, the Association of Southeast Asian Nations, along with China, Japan, and South Korea, criticized the escalation of protectionism in a joint statement. The group called for enhanced regional unity to address the uncertainty arising from the implementation of these policies. ASEAN, China...

Dollar Collapse Nears: Peter Schiff Says Ending Reserve Status Is Only Way Out


Peter Schiff says the U.S. dollar is about to free fall, insisting the only way to end America’s trade imbalance is to end its reserve currency status. The End of Reserve Currency Status? US Dollar Faces Terminal Decline as Imbalances Surge Economist and gold advocate Peter Schiff issued a sweeping...

Robert Kiyosaki Backs Bitcoin Over Gold Amid ‘Biggest’ Crash Warning


Robert Kiyosaki ignites bullish momentum for bitcoin, declaring it the ultimate shield against looming market collapse, runaway inflation, and relentless fiat debasement by central banks. Kiyosaki Doubles Down on Bitcoin as Fed Prints Fake Money and Inflation Accelerates Robert Kiyosaki, author...

US Dollar Supremacy Is Cracking as Erosion Deepens, Devere Warns


Global finance is entering a transformative phase as the U.S. dollar’s supremacy unravels, opening explosive opportunities for emerging currencies and signaling a seismic portfolio realignment. Devere CEO Warns: The US Dollar’s Era of Unquestioned Power Is Slipping Away Financial advisory firm...

Trump Acknowledges Possible Recession, Highlights US Economy Is in Transition


While President Trump stated that anything could happen with the U.S. economy given the current course of action, he clarified that he was not worried about a short-term recession. “I think we’re going to have the greatest economy in the history of our country,” he declared. President...

BRICS Accelerates Currency Shift With New Trade Tools and Payment Systems


BRICS nations are turbocharging their break from Western-dominated finance, advancing local currency trade, cross-border payment systems, and groundbreaking investment platforms to empower the Global South. BRICS Ministers Push Local Currencies, Cross-Border Payment Plan, and New Investment...

US Congress Seeks to End the Penny by Introducing the Common Cents Act


The ‘Common Cents’ Act, which has bipartisan support, seeks to end the production of the $0.01 coin, commonly known as the cent, as its production and distribution costs exceed its face value. Representatives Lisa McClain and Robert Garcia, along with Senators Cynthia Lummis and Kirsten...

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