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Elon Musk’s DOGE initiative targets a $4 billion daily spending cut with the ambitious goal of zero inflation by 2026, a move that could reshape the U.S. economy. Inflation Gone by 2026? ‘Super Big Deal,’ Says Elon Musk Elon Musk has shared an update regarding the progress of his Department of Government Efficiency (DOGE) in … Read more
The U.S. has imposed new tariffs on Canada, Mexico, and China, igniting a trade war. Canada strikes back with billions in tariffs, Mexico retaliates, and China warns of consequences. US Tariffs on Canada, Mexico, and China Spark Retaliation and Economic Concerns A trade dispute is intensifying among the United States, Canada, Mexico, and China in … Read more
Hungary is threatening to block EU sanctions against Russia, citing €19 billion in losses and accusing Brussels of failing to uphold energy security commitments, Prime Minister Viktor Orban warned. EU’s Russia Sanctions at Risk—Hungary Says Economic Damage Is Too High Hungary is prepared to block any further extension of European Union sanctions against Russia if … Read more
President Trump has decided to apply tariffs to Mexico and Canada. Speaking to reporters at the Oval Office, Trump revealed he would implement a 25% tariff regime on imports from these countries starting February 1. Trump to Follow Early Threats: Mexico and Canada to Pay 25% Tariffs President Donald Trump is making tariffs his weapon … Read more
ECB President Christine Lagarde was confident about the stance the EU central banks would take on adding bitcoin as a reserve asset. She stated that, due to several reasons, this would not happen. ECB President Christine Lagarde Confident That EU Central Banks Won’t Adopt Bitcoin The concept of a strategic bitcoin reserve, consisting of state … Read more
Taleb believes that the recent drop in NVIDIA stock prices, which dragged down the whole U.S. stock market, might be the start of a more pronounced fall in Nvidia’s market cap and the AI sector. Black Swan’s Nassim Taleb Warns Nvidia’s Losses Could Mark the Start of a Larger AI Sector Fall The artificial intelligence … Read more
Following former President Donald Trump’s declaration that he would “demand” interest rate cuts from the U.S. Federal Reserve, policymakers defied external pressure Wednesday, maintaining the federal funds rate without adjustment. FOMC Monetary Policy Unmoved At its first 2025 gathering on Jan. 29, the Federal Open Market Committee (FOMC) observed that “economic activity has continued to … Read more
Jason Lowery, author of Softwar, a thesis highlighting the national significance of bitcoin, has recently remarked on the strengths of the top digital asset as the world’s reserve cryptocurrency. Jason Lowery: Countries to Choose Bitcoin Because ‘It Operates Beyond U.S. Control’ The independent traits of bitcoin, which can serve as a decentralized, non-linked reserve asset, … Read more
The Trump Administration has debuted the use of one of its strongest weapons, the spending power of the American people, against Colombia. With a sweeping tariffs announcement, Trump compelled the Colombian government to accept repatriation flights, ending a 1-day crisis swiftly. Tariffs, Tariffs, Tariffs: Trump’s ‘Tradefare’ Weapon to End Colombia’s Deportee Crisis The Trump Administration … Read more
The U.S. is closely monitoring BRICS currency talks, an Indian expert says, as the bloc advances efforts to reduce dollar reliance and boost financial sovereignty. US Monitoring BRICS Currency Talks, Says Indian Expert The ongoing push within BRICS to explore dedollarization and introduce a potential BRICS currency has garnered significant attention from global powers, particularly … Read more
