A strong dollar can have tons of consequences, from making U.S. exports pricier to foreign buyers to potentially unsettling global markets.
Every major currency in the world has fallen against the U.S. dollar this year, an unusually broad shift with the potential for serious consequences across the global economy.
WEIRTON, W.Va. (WTRF) -- In December, the Pittsburgh-based steel company U.S. Steel agreed to sell the company to Japan’s largest steel manufacturer, Nippon Steel. Now, two U.S. Senators are calling on President Biden to look deeper into this sale and the effects it could have on the country. Just months after U.S. Steel agreed to []
Treasury's Office of Foreign Assets Control targeted 16 people and two entities in Iran that produce engines that power the drones used in the April 13 attack on Israel.
Eric Zuesse (blogs at https://theduran.com/author/eric-zuesse/) The way that the U.S. empire expands its control into targeted countries so as to perpetrate coups that formerly the CIA had been doing (such as, most famously, in Iran 1953, Guatemala 1954, and Chile 1973 — all of which replaced a democratically elected progressive leader by a fascist dictator […]
Gross dollar volume, the value of all transactions processed on Mastercard's platform, rose 10% to $2.3 trillion. Cross-border volume, which tracks spending on cards outside of the country of their issue, rose 18%. The payments technology industry is gearing up for a seismic shift following Capital One's $35.3 billion deal to acquire Discover Financial.
Over 30 countries have imposed restrictions on the social media platform.
Americans are watching in horror as thousands of real students led like sheep by "students" who happen to be professional organizers of protest demonstrations take over campuses, issue endless demands to intimidate spineless administrators, plant tent cities and create the kind of hate-filled environment not seen since Hitler's Brown Shirts.
How will Biden conceal the inflation rampaging throughout his term? The latest scheme appears to be draining the Strategic Petroleum Reserve to the last drop. It’s already down to 17 percent, because Biden opened the spigot when his idiotic sanctions on Russian energy back in 2022 boosted prices at the pump into the stratosphere, always a terrifying development for homo politicus. Biden tamed gas prices by emptying most of the SPR. Now he may finish it off, because no, he can’t have gas prices...
Compared to the Japanese yen, the dollar has strengthened by almost 16% this year. Japan and South Korea aren’t happy about the currency gap.
The Japanese yen weakened to 160 against the U.S. dollar in Monday morning