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 …
Business
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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 …
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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 …
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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 …
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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 …
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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 …
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President Trump’s proclamation that US oil companies are ready to invest billions in Venezuela has generated remarkably little public support from the energy industry. Despite Trump’s confident predictions about corporate …
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The world’s petroleum markets concluded 2025 with their most dramatic yearly decline since the pandemic crisis, recording losses approaching 20%. The oil sector now faces an extraordinary challenge with three …
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