Why are Chinese rapeseed meal and oil prices surging?
On the first day of trading since China’s decision to impose 100% tariffs on imports of rapeseed meal and oil from Canada, Zhengzhou rapeseed meal and oil contracts experienced a…
Economy
1618 posts
Oil trade shifts: How sanctions on Russia are reshaping flows to India and China
India and China have been taking different approaches to mitigate short-term crude oil supply disruptions, Vortexa said in a report. Vortexa flow data revealed that, since January 10, when the US…
Inside Trump’s strategic Bitcoin reserve: A new era for US digital asset policy or just a fluke?
The US government just made history by officially recognizing Bitcoin as a strategic reserve asset—a first for any global superpower.President Donald Trump’s new Executive Order (EO) establishes a Strategic Bitcoin…
Why over $13 billion in renewable energy investments are at risk in Vietnam
More than two dozen foreign and Vietnamese investors have issued a warning to the Vietnamese government. The investors, including major players like Adani Green Energy, expressed concern that proposed changes to…
Euro’s surge prompts analysts to rethink parity with the dollar: what’s next?
The euro’s sharp decline following Donald Trump’s US presidential election victory last year had analysts predicting parity with the dollar. A month ago, the single currency fell below $1.02, with…
Oil price weakness seen as short-lived despite supply concerns, say analysts
While bearish sentiment due to OPEC+ production increases and demand concerns are causing oil prices to fall, this decline is likely to be temporary.“Oil markets are feeling a strong bearish…
White House Crypto Summit: who’s invited and what’s on the agenda?
President Donald Trump is set to welcome cryptocurrency industry leaders to the White House on Friday for an unprecedented “crypto summit.” The meeting, a significant nod to the digital asset…
Trump mulls harsh tariffs, banking curbs on Russia until ceasefire
US President Donald Trump said Friday that he is “strongly considering” imposing large-scale banking sanctions and tariffs on Russia until a ceasefire and peace agreement is reached with Ukraine.“Based on…
Fed Chair Powell signals caution on rate cuts amid President Trump’s policy shifts
Federal Reserve Chairman Jerome Powell said Friday that the central bank is in no rush to adjust interest rates, emphasizing that policymakers will wait to assess the impact of President…
After US tariff pause, Mexico pushes for 90% compliant exports
Mexico intends to considerably increase the number of complying companies selling to the United States under a regional trade agreement in the coming weeks, Economy Minister Marcelo Ebrard said Friday,…