This Is the Collapse I’ve Warned About for Years | Peter Schiff

This Is the Collapse I’ve Warned About for Years | Peter Schiff

Kitco News:  4-11-2025

Gold is exploding to new record highs as global markets face escalating volatility, a collapsing U.S. dollar, and rising fears that the traditional safe-haven playbook no longer applies.

Spot gold has surged past $3,250 an ounce, with mining stocks finally catching a bid. Meanwhile, Treasury yields are spiking despite deteriorating economic data — pointing to a breakdown in the flight-to-safety narrative.

In this exclusive interview, Peter Schiff, Chief Market Strategist at Euro Pacific Asset Management, joins Jeremy Szafron, Anchor at Kitco News, to break down the perfect storm hitting the U.S. economy.

Schiff explains why America is headed for a deeper crisis than 2008, how global capital is fleeing U.S. assets, and why he believes the gold bull market is just getting started.

Schiff also takes on Bitcoin, stagflation, and the collapse of the dollar’s reserve status.

Key Topics:

 – Why Schiff says “America’s ride on the global gravy train is over”

– How Trump’s 145% China tariffs triggered a capital flight

– Why spot gold is breaking out — and where it’s headed next

 – Why gold mining stocks are “the buy of the century”

– What surging inflation expectations say about Fed policy failure

 – Why Schiff says the U.S. Treasury market is cracking

– How global central banks are dumping dollars for gold

 – The growing movement toward gold repatriation

 – Schiff on Bitcoin: “It’s down 30% in gold terms since 2021”

00:00 Introduction and Market Overview

01:00 Interview with Peter Schiff

04:41 Gold Market Analysis and Predictions

 12:59 Impact of Tariffs and Stagflation Concerns

17:42 Fed's Dilemma: Rate Hikes and Market Reactions

 18:19 Gold as an Economic Indicator

19:07 Impending Financial Crisis and Global Impact

20:06 US Sovereign Debt and Global Confidence

20:46 Global Economic Liberation from US Dependency

21:32 Long-term Shift to Gold

 22:38 Historical Perspective on Gold and the Dollar

25:06 Repatriation of Gold Reserves

26:02 Investment Opportunities Beyond Gold

29:43 Bitcoin vs. Gold

31:10 Future Economic Outlook: Stagflation and Beyond

 33:07 Conclusion

https://www.youtube.com/watch?v=cIQG01DRxHk

Gold Telegraph: Getting Closer to a Bretton Woods Moment?

Gold Telegraph: Getting Closer to a Bretton Woods Moment?

4-11-2025

BREAKING NEWS: CHINESE AMAZON SELLERS TO HIKE PRICES OR EXIT UNITED STATES MARKET

It keeps raining down.

“Some sellers are looking to increase prices in the U.S., while others are looking to find new markets…”

Source: https://www.cbc.ca/news/world/chinese-sellers-amazon-us-tariffs-1.7506519

BREAKING NEWS: EUROPEAN CENTRAL BANK POLICYMAKER SAYS THE UNITED STATES POLICIES IN RECENT WEEKS HAVE ERODED CONFIDENCE IN THE US DOLLAR

Plot twist.

“U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries…”

Source: https://www.reuters.com/markets/ecbs-villeroy-says-trump-policies-have-eroded-confidence-us-dollar-2025-04-10/

Gold… New record high in US dollar terms. Welcome to the era of gold.

Are we getting closer to a Bretton Woods moment? We very well could be.

Read: GOLD TELEGRAPH

THE FORT KNOX QUESTION: PRELUDE TO A NEW SYSTEM?

 In 1944, the world's most powerful leaders gathered in Bretton Woods to discuss the future and write the rules of a new global monetary order. There's one critical detail many forget... The United States controlled the lion's share of the world's gold, granting it the power to influence the outcome and define the system itself.

Fast forward to today: • The President of the United States is calling for an audit of the gold held in Fort Knox.

The current Treasury Secretary? • He says he has been called gold bug throughout his career. With the trade war now in full swing, change is certainly in the air.

According to a top economic adviser to the U.S. President, more than 50 countries have approached the United States to begin trade talks. Are we getting closer to a Bretton Woods moment? We very well could be.

 The U.S. Treasury Secretary previously said: "We will need a grand global economic reordering, and I'd like to be a part of it. I've studied this." Last week, Scott Bessent explained in an interview with @TuckerCarlson   why gold remains so interesting and also pointed out that the entire global trading system was once anchored to gold until Nixon took the U.S. off the standard.

The world is shifting. Quietly, but unmistakably. Nations are accumulating gold, questioning old alliances, and preparing for a future no longer tethered to the previous rules.

What once seemed unshakable is now under review, from Fort Knox to the foundations of international trade. We've seen this before. Power consolidates, confidence erodes, and a new system emerges, often born not in the spotlight but behind closed doors.

The question now isn't if we're approaching another Bretton Woods moment. The question is:  Who will define it this time?

Bank of France chief and ECB policymaker says the United States policies have eroded the confidence in the dollar. Big.

From last week:  GOLD TELEGRAPH

THE EROSION OF TRUST: THE TIMES ARE CHANGING.

 For years, I have exposed the dangers of the West's growing reliance on sanctions and the blatant weaponization of the financial system, freezing sovereign reserves and eroding global trust.

These are not acts of diplomacy but signals of a crumbling world order. How can countries NOT unite in an environment like this to seek alternatives?

 In just one year, the US dollar has lost over 35% of its purchasing power against gold, driven largely by central banks aggressively stockpiling bullion. This is no longer a trend; it's a warning shot.

All this is unfolding as BRICS nations grow more unified, and fractures deepen among Western allies. The global balance isn't just shifting; it's unravelling.

Many people were surprised yesterday when Japan, South Korea, and China signalled they would JOINTLY respond to the United States tariffs. Who are the two biggest owners of US treasuries among countries?

1. Japan

 2. China

Members across Europe are voicing their unease with this current economic flexing environment. Nations are racing to secure critical minerals, not just for supply chains but for sovereignty.

As many are beginning to realize, true sovereignty starts with one thing: zero counterparty risk.

That path leads straight to gold.

The world is waking up to the fragility of the fiat monetary system. I never said it would be pretty.

Janet Yellen says the United States trade war is the worst self-inflicted wound in history. But she leaves out something crucial… The weaponization of the Western financial system, including the freezing of sovereign reserves under her watch, helped ignite the global reset.

Never forget: As Secretary Janet Yellen is asked about her concerns over the U.S. dollar’s status as the world’s reserve currency… The Treasury Department sign falls off. The universe sometimes has a way to make us all laugh.

https://twitter.com/i/status/1910411041495998793

This prediction is starting to look good. I will admit, it’s taken longer than I would have liked.

Five years ago: GOLD TELEGRAPH

I have very high conviction gold bugs are going to finally have the last laugh in the next 1 - 5 years. The last bubble will be the gold bubble... and it’s going to be because of the transfer from the sovereign bond market into physical gold and miners. Going to be epic.

8:16 PM · Dec 16, 2020

The mainstream is staring at their screens, baffled. Good. Gold is tearing through years of swallowing the lies, and spitting back truth.

Treasury yields have gone vertical. Right now? Gold is following… This is not a drill. The U.S. has a historic opportunity to help restore monetary integrity.

Where to start? By issuing a gold-backed Treasury instrument. The clock is ticking… @judyshel

BREAKING NEWS: CHINA WILL RAISE TARIFFS ON ALL UNITED STATES GOODS FROM 84% TO 125%

Getting hot…

Source(s):
https://x.com/GoldTelegraph_/status/1910181123671642412

https://dinarchronicles.com/2025/04/11/gold-telegraph-getting-closer-to-a-bretton-woods-moment/

Seeds of Wisdom RV and Economic Updates Friday Afternoon 4-11-25

Good Afternoon Dinar Recaps,

CHINA IMPOSES NEW TARIFFS, BLAMES US FOR GLOBAL TENSIONS

China has responded sharply to U.S. President Donald Trump’s latest tariff hike, calling the United States a “joke” and imposing retaliatory tariffs of its own, as European Union leaders prepare an unusual visit to Beijing amid growing global trade tensions.

Xi Criticizes Trade Isolation

China responded forcefully on Friday to a dramatic tariff increase by the United States, announcing a 125% tariff on American goods and calling the U.S. approach to trade “economic bullying,” the Times of India reports. The move came just hours after U.S. President Donald Trump raised duties on Chinese imports to 145%, a decision that Beijing said violated international trade rules.

In a statement, China’s commerce ministry accused Washington of turning the tariff dispute into a “numbers game,” stating that such actions lacked economic rationale and only served to undermine U.S. credibility. “The successive imposition of excessively high tariffs on China by the U.S. has become nothing more than a numbers game,” a ministry spokesperson said. “It merely further exposes the U.S. practice of weaponizing tariffs… turning itself into a joke.”

China Imposes New Tariffs, Blames US for Global Tensions

The Times of India report explains that the new tariffs will take effect on Saturday, according to China’s State Council Tariff Commission. The Chinese government emphasized that the action was defensive in nature and framed it as a necessary response to what it called “completely unilateral” moves by the U.S.

On Truth Social, Trump proclaimed, “We are doing really well on our TARIFF POLICY. Very exciting for America, and the World!!! It is moving along quickly.” During the interval when he temporarily halted certain global tariffs, he added that China remained in the crosshairs “based on the lack of respect that China has shown to the World’s Markets.”

The Times of India further noted that President Xi Jinping also weighed in, saying China is not intimidated by external pressure. Speaking with Spanish Prime Minister Pedro Sánchez, Xi declared, “There are no winners in a trade war, and going against the world will only lead to self-isolation.”

European Union Officials Reportedly Set to Visit Xi in July, Yuan Weakens

As the standoff escalates, Bloomberg and the South China Morning Post (SCMP) reported that top European Union officials are reportedly preparing a rare mid-year visit to Beijing for talks with Xi. 

Citing five unnamed sources, the SCMP disclosed that the visit could take place in late July, breaking with tradition that typically sees the Chinese delegation travel to Europe.

The move signals the EU’s interest in aligning more closely with China on trade, especially as it faces potential fallout from the U.S.’s aggressive tariff strategy. Xi has urged European partners to unite in resisting what he called “unilateral bullying.”

Meanwhile, China filed two complaints with the World Trade Organization (WTO) to challenge the legality of the U.S. tariffs, while Xi prepares for diplomatic visits to Vietnam, Malaysia, and Cambodia in a bid to strengthen regional alliances amid mounting tensions.

As of April 11, 2025, the Chinese yuan (CNY) has exhibited a modest recovery in its valuation against the U.S. dollar. Just two days prior, on Wednesday, April 9, the yuan slipped to depths not seen in over 17 years, settling at 7.3498 per dollar—its weakest close since Dec. 2007.

In parallel, the DYX Dollar Index on Friday registered a three-year low against a composite of major fiat currencies, touching 99.314 in the early trading session.

@ Newshounds News™
Source:  Bitcoin News

~~~~~~~~~

XRP SET TO EXPLODE? RIPPLE AND SEC FILE JOINT REQUEST

XRP shot up almost 3% in the past 24 hours after Ripple and the SEC submitted a joint filing for a 60-day pause to their appeals and cross-appeals.

▪️Ripple and SEC pause legal battle, signaling a near-final settlement that could reshape crypto regulation.

▪️XRP trades near critical resistance at $2.10, with RSI and Bollinger Bands hinting at an imminent breakout.

▪️The SEC withdrew its appeal in March against Ripple Labs, sparking settlement rumors.

American fintech firm Ripple and its cryptocurrency XRP are once again the center of attention in both legal and market circles amid a notable development in the legal battle against the United States Securities and Exchange Commission (SEC).

At press time, the cryptocurrency is trading at $2.02, up 2.83% on the day, with technical indicators hinting at a potential trend reversal, as per CoinMarketCap data.

Legal Clarity in Sight: A 60-Day Pause Toward Settlement

Ripple and the SEC have jointly filed a motion to place their respective appeals and cross-appeals in a 60-day temporary suspension, suggesting both parties are edging closer to a settlement.

According to the filing, the pause will give them time to finalize an agreement-in-principle that could resolve the lawsuit completely, pending approval from the SEC.

This marks a crucial development in the landmark case that began in late 2020, when the SEC accused Ripple of conducting unregistered securities sales via XRP.

The case has held major implications for how cryptocurrencies are regulated in the United States.

A changing political climate, sparked by the election of President Trump, appears to have softened the SEC’s stance on crypto overall.

In recent months, the regulator has dropped lawsuits against other major crypto firms such as Coinbase and Kraken.

Last month, Ripple CEO Brad Garlinghouse revealed that the SEC had already withdrawn its appeal against the ruling that said the firm’s programmatic XRP sales didn’t violate securities laws.

Ripple, in turn, has decided not to pursue its cross-appeal.

With both sides easing up and aiming to conserve resources, the groundwork is laid for a negotiated conclusion to one of crypto’s most closely watched legal sagas.

XRP Price Analysis

From a technical standpoint, XRP is currently navigating a critical juncture. The daily chart reveals that the price is hovering just below the 20-day EMA at $2.10, a key resistance level.

A clean break above this could catalyze further upside momentum.

The Bollinger Bands are tightening, with the upper band at $2.50 and the lower band at $1.77, indicating a period of volatility compression.

This often precedes a breakout, though the direction remains uncertain. A move above $2.10 with strong volume could see XRP test the upper band around $2.50, while a rejection could drag it back toward the lower band near $1.77.

Meanwhile, the Relative Strength Index (RSI) is at 44.61, with its moving average at 39.76, still in neutral territory but edging upward.

This suggests that momentum is gradually building after a prolonged cooldown phase. If RSI crosses above 50, it could signal a bullish shift in sentiment.

@ Newshounds News™
Source:  CoinSpeaker

~~~~~~~~~

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Seeds of Wisdom RV and Economic Updates Friday Morning 4-11-25

Good Morning Dinar Recaps,

TRUMP MAKES HISTORY SIGNING FIRST CRYPTO BILL INTO LAW -  THE LAW REPEALS THE IRS’S CONTROVERSIAL 'DEFI BROKER RULE'

In a historic move, President Trump has signed into law a bill that blocks the Internal Revenue Service from collecting tax reporting data from decentralized crypto platforms.

It marks the first time a cryptocurrency-specific piece of legislation has become law in the United States.

The bill, introduced under the Congressional Review Act by Republican Senator Ted Cruz (R-TX) to repeal the IRS’s so-called “DeFi broker rule,” passed the Senate on March 26 with overwhelming bipartisan support in a 70–28 vote. A similar version, led in the House by Congressman Mike Carey (R-OH), had passed with a comparable ‘supermajority’ just two weeks earlier.

The controversial DeFi broker rule, introduced in the final days of the Biden administration, would have required decentralized crypto entities, such as exchanges without a central governing body, to comply with traditional IRS reporting requirements. 

Critics argued that the mandate was overly burdensome, risked stifling innovation, and could significantly hinder growth in the DeFi sector.

“This rule would have undermined American leadership on cryptocurrency and I am grateful to President Trump for signing my resolution into law,” Cruz, who attended the signing ceremony Thursday afternoon, told Crypto In America. “The resolution is a victory for innovation, privacy, and economic freedom.”

“We are protecting the developers who are building the future of cryptocurrency, making clear that the United States will not cede digital leadership to China, and preserving the ability of Americans to conduct transactions without government interference,” Cruz added.

The move is being hailed as a victory by industry leaders who are looking to the crypto-friendly Trump administration to safeguard the rights of builders and software developers, who felt they were unfairly targeted by the regulation-heavy Biden administration.

“This bipartisan action underscores our nation's commitment to fostering innovation and ensuring that Americans retain the freedom to choose how they transact, said Amanda Tuminelli, CEO of the DeFi Education Fund, an advocacy group focused on decentralized finance. “President Trump’s signature is a critical signal change for the crypto industry: the United States has embraced a sensible, forward-thinking approach to digital assets.”

The bill signing marks the second major win for DeFi proponents this week, following a Monday memo from the Deputy Attorney General clarifying that the DOJ will no longer pursue software developers for actions taken by third-party users on their platforms.

@ Newshounds News™
Source:  CryptoInAmerica

~~~~~~~~~

SEC DROPS SUIT AGAINST HELIUM FOR ALLEGED SECURITIES VIOLATIONS

The agency's lawsuit against Helium was its final action under former Chair Gary Gensler, aiming to penalize a crypto firm for a token launch.

The US Securities and Exchange Commission (SEC) has dismissed a lawsuit against Nova Labs, developer of decentralized wireless network Helium, for allegedly issuing unregistered securities, Helium stated in an April 10 blog post.

Filed in January 2025, the lawsuit was among the SEC’s final enforcement actions against a cryptocurrency developer under former Chair Gary Gensler, who stepped down from his post on Jan. 20 after US President Donald Trump took office.

The dismissal with prejudice means the blockchain developer cannot be charged with similar violations again for issuing in 2019 its native token Helium, the company said.

“[W]e can now definitively say that all compatible Helium Hotspots and the distribution of HNT, IOT, and MOBILE tokens through the Helium Network are not securities,” Helium said.

“[T]he outcome establishes that selling hardware and distributing tokens for network growth does not automatically make them securities in the eyes of the SEC [and] that the SEC cannot bring these charges against Helium again,” it added.

The SEC’s Helium reversal came the same day Trump-nominee Paul Atkins formally replaced Gensler as SEC Chair after a lengthy confirmation process in the Senate.

Helium is a blockchain network designed to let “anyone build and own massive wireless networks,” according to its website. The protocol reports having roughly 375,000 active hotspots.

According to CoinGecko, HNT has a market capitalization of approximately $480 million as of April 10 — down from highs of more than $5 billion in November 2021.

Changing policy stance

Under Gensler, the SEC brought upward of 100 charges against Web3 developers for various alleged securities violations.

Since Trump took office, the SEC has sharply reversed course, dropping numerous charges against crypto firms, including Coinbase, Kraken, Ripple and Uniswap.

Trump has positioned himself as a pro-crypto President, promising to make America the “world’s crypto capital,” appointing industry-friendly leaders to key regulatory posts, and ordering the federal government to create a national Bitcoin reserve.

For some crypto executives, Trump's policies — such as announcing sweeping tariffs on US imports in April — threaten to stymie crypto’s progress.

@ Newshounds News™
Source:  CoinTelegraph

~~~~~~~~~

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“Tidbits From TNT” Friday Morning 4-11-2025

TNT:

Tishwash:  One of them is in Iraq... the 10 largest oil fields in the world

The question "Where is the largest offshore oil field in the world?" is widely asked in global economic and energy circles, particularly in light of recent developments in the oil industry and the drive by producing countries to increase their production capacity.

According to data from the Encyclopedia of Oil and Gas Fields, the obvious answer is that the world's largest offshore oil field is located in Saudi Arabia. The Safaniya field has a long history of production and huge reserves that the Kingdom continues to exploit.

The increased focus on identifying the location of the world's largest offshore oil field stems from global competition for energy resources, as Saudi Arabia seeks to strengthen its position as the world's largest oil producer and exporter through massive development projects for the Safaniya offshore field.

The question also arises: Where is the world's largest offshore oil field located? While a number of countries, such as China, are making new offshore discoveries, the Safaniya field retains the title of the world's largest in terms of proven reserves and total production.

 Saudi Safaniya field

The Safaniya field in Saudi Arabia is the world's largest offshore oil field. It is located in the Arabian Gulf, approximately 200 to 260 kilometers north of Dhahran, Saudi Arabia. It has been operated by Saudi Aramco since its official discovery in 1951.

The Safaniya field extends over an area of ​​50 kilometers in length and 15 kilometers in width, and contains proven reserves estimated at approximately 15 billion barrels of heavy oil, while total production extracted from it to date has reached more than 19.2 billion barrels.

Exploration work on the world's largest offshore field began in 1939, after Aramco geophysicist **** Kerr noticed an underwater high area. This reinforced his prediction of the presence of massive oil reservoirs, which was later confirmed when oil began flowing in large commercial quantities on August 15, 1951.

The Safaniya offshore field represents a key pillar of Aramco's strategy to expand offshore production. It is also the fifth-largest oil field in the world in terms of total proven reserves and production, according to Saudi oil field data from the specialized energy platform.

The 10 largest oil fields in the world

The Safaniya field's importance extends beyond its status as the world's largest offshore oil field. It also plays a key role in the global energy mix, strengthening Saudi Arabia's position as a global energy powerhouse, especially as its expansion plans continue through 2027. link

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Tishwash:  After Greece, Sulaymaniyah hosts the Delphi Economic Forum.

Deputy Prime Minister of the Kurdistan Region, Qubad Talabani, revealed on Thursday that the city of Sulaymaniyah will host the next edition of the Delphi Economic Forum, considering it an important opportunity to encourage foreign capitalists to invest in Kurdistan and Iraq.

"Although the Middle East is experiencing a state of instability, we in the Kurdistan Region have decided to make the right decision within the framework of federal Iraq, which is to work to consolidate security and stability in the region. This is what the Kurds have been fighting for for many years," Talabani said during a panel discussion at the 10th Delphi International Economic Forum in the Greek capital, Athens.

“Based on this principle, our relations with Europe, the United States, and even Australia are steadily improving, because we, as Kurds, have always been open to the outside world, strive to live in freedom, and have made great sacrifices in this regard. We have worked to protect stability in Kurdistan, Iraq, and the region,” he added. “Because our region naturally provides many job opportunities, we want to encourage future generations to invest and become entrepreneurs, and we are working to benefit from modern technology in this field.

 What is gratifying is that these efforts are receiving great attention in the city of Sulaymaniyah, because in the future, oil will run out and we will have to rely on our own energies and capabilities.”

Regarding the gas issue in Kurdistan, Talabani noted, "The world is talking today about natural gas in Kurdistan, and we want to harness this wealth to serve the well-being of the region's citizens." He noted that "the provinces of Erbil and Sulaymaniyah have witnessed significant prosperity recently, but we want further development."

Regarding the role of women in the Kurdistan Region, Qubad Talabani said: “No country will achieve success if women do not play a role in managing the state’s institutions. In the Kurdistan Region, we pay great attention to women’s capabilities, because the country needs women’s roles. If we want to build an effective society, we need active women.”

Regarding the talks to form the new government, Qubad Talabani explained, “We recently held successful elections in the Kurdistan Region, in which a large percentage of citizens participated. Now, there is a great rapprochement between the Patriotic Union of Kurdistan and the Kurdistan Democratic Party, the two main parties in the regional government.

Our efforts are continuing to form the new government cabinet, as we want to address the shortcomings that existed previously and manage the region well.” He added, “Given the conditions the region is going through, we want to form an effective government. Our efforts to automate government institutions are also ongoing, and we are paying great attention to creative youth in this field.”

Regarding the region's relations with other countries, Qubad Talabani said, "We are pleased with our good relations with our partners in Europe, the United States, and other countries, and we are working to develop these relations."

 He praised the Delphi Forum in Greece. He also expressed his pleasure with his meetings in Greece regarding strengthening relations in the fields of economy, agriculture, tourism, and civil aviation, and pointed to the "commencement of direct flights between Athens and Sulaymaniyah in the near future."

Talabani revealed that "the city of Sulaymaniyah will host the next edition of the Delphi Economic Forum," considering it "an important opportunity to encourage foreign capitalists to invest in Kurdistan and Iraq." link

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Tishwash:  Finance Minister: Iraq seeks to deepen economic partnerships and finance priority projects

Finance Minister Taif Sami affirmed Iraq's endeavor to deepen economic partnerships and finance priority projects.

A statement by the ministry said, "The Minister of Finance participated in the joint annual meetings of the Arab financial institutions held in the State of Kuwait, in the presence of a number of finance ministers and governors of central banks in Arab countries, which discussed ways to support economic development, enhance financial and investment integration, in addition to reviewing financial performance reports and economic indicators of the relevant bodies."

The statement added that "during the opening session, the Minister of Finance stressed the importance of enhancing Arab financial cooperation and exchanging experiences between countries, noting that Iraq seeks to deepen economic partnerships and finance priority projects."

She continued, "Iraq's participation reflects the government's keenness to highlight its economic initiatives, achieve balance in its financial relations with Arab countries, and seek to benefit from the experiences of other countries to develop local financial policies."

The meetings concluded, according to the statement, with a review of future initiatives that support financial integration and implement practical plans to enhance development. The participants also stressed the importance of exchanging expertise and sharing successful experiences to stimulate investments and activate cooperation among member states.

The meetings included, according to the statement:

Meeting of the Arab Finance Ministers * Meeting of the Board of Governors of the Arab Fund for Economic and Social Development * Meeting of the Board of Governors of the Arab Monetary Fund * Meeting of the Board of Governors of the Arab Bank for Economic Development in Africa * Meeting of the Board of Shareholders of the Arab Investment and Export Credit Guarantee Corporation * Meeting of the Board of Governors of the Arab Authority for Agricultural Investment and Development * Meeting of the Supervisory Board of the Badir Fund to Support Entrepreneurship. 

link

Mot: .. in Case ur looking at that ""Marital Thingy!!

MiitiaMan & Crew: Non-Oil Revenues-Iraq Gazette 4821-Salaries-Oil-Article 12 C-Global Investment-Partnerships-UST-JPM

MiitiaMan & Crew:  Non-Oil Revenues-Iraq Gazette 4821-Salaries-Oil-Article 12 C-Global Investment-Partnerships-UST-JPM

4-10-2025

The Crew:  Samson, PompeyPeter, Petra, Daytrader, Sunkissed, GIGI and Militia Man

Be sure to listen to full video for all the news……..

https://www.youtube.com/watch?v=AzJb1eWM0iI

Iraq Economic News and Points to Ponder Thursday Evening 4-10-25

The Central Bank Issues New Instructions To Promote The Renewable Energy Initiative.

Time: 2025/04/10 09:45:01 Reading: 1,920 times  {Economic: Al Furat News} The Central Bank of Iraq has issued new instructions amending the regulations for the renewable energy initiative it launched in 2022.

This came through a decision issued by the Banking Control Department, in accordance with Decree No. (503) of 2024, a copy of which was received by {Euphrates News}, and its most important provisions:

1- Determining the single advance: The single advance that is provided to the bank has been determined at an amount of (300) million Iraqi dinars, and the bank cannot use this advance except after committing to the required costs and within the specified time period.

2 - Amending the financing period: The financing period has been increased to seven years instead of the previous four years, with an additional six-month grace period added to repay the loan.

3- Amending the interest rate: The interest rate on loans granted under this initiative has been reduced to (5%) instead of the previous rate of (2.5%).

4- Loan allocation: The decision stipulates that loans will be allocated for the purpose of purchasing renewable energy systems, whether for residential or commercial purposes, with the requirement that the beneficiaries provide the necessary guarantees.

5- Application Mechanisms: The application mechanisms for obtaining loans have been clarified, as citizens can submit their applications via the electronic platform { click here } or any other platform specified by the participating banks.

6- Commencement of implementation: The decision will be effective from the date of its issuance, with the aim of enhancing bank liquidity and achieving the desired objectives of the initiative.  LINK

Rafidain: Activating The Comprehensive Banking System In 57 Branches

Economy | 10/04/2025   Mawazine News – Baghdad  Rafidain Bank announced, on Thursday, the activation of the comprehensive banking system in 57 branches.

The bank's media office stated in a statement received by Mawazine News: "The comprehensive banking system has been implemented in the Bab Al-Muadham and Oil Products Distribution Authority branches in Baghdad, as part of its ambitious plan for digital transformation," indicating that "thanks to this achievement, we now have 57 branches connected to an advanced electronic system that facilitates all your financial transactions."

He added that "this step reflects the constant commitment to providing smooth and fast banking services, ensuring a distinguished banking experience," stressing "the continuation of including all the bank's branches in the electronic system."  https://www.mawazin.net/Details.aspx?jimare=260707

Basra Crude Prices Decline

Economy | 10/04/2025   Mawazine News – Baghdad  Basra Heavy and Medium crude oil prices fell by more than 5%, affected by concerns about a slowdown in global economic growth.

Data showed that Basra Heavy crude fell by $3.29, or 5.50%, to reach $56.49 per barrel.  Basra Medium crude also fell by $3.29, or 5.24%, to reach $59.54 per barrel.  Brent crude recorded $64.71 today, while US West Texas Intermediate crude recorded $61.70. https://www.mawazin.net/Details.aspx?jimare=260699

Gold Prices Hit An Unprecedented New High In Baghdad

Stock Exchange  Economy News – Baghdad  The prices of foreign and Iraqi gold rose in the local markets in the capital, Baghdad, to a new and unprecedented record level, today, Thursday (April 10, 2025).

Gold prices in the wholesale markets on Al-Nahr Street in the capital, Baghdad, this morning recorded a selling price of one mithqal of 21-karat Gulf, Turkish and European gold at 645,000 dinars, and a purchase price of 641,000 dinars.

The selling price of one mithqal of 21-karat Iraqi gold reached 615,000 Iraqi dinars, and the buying price was 611,000 Iraqi dinars.

As for gold prices in jewelers' shops, the selling price of a mithqal of 21-karat Gulf gold ranges between 645,000 and 655,000 dinars, while the selling price of a mithqal of Iraqi gold ranges between 615,000 and 625,000 dinars.   https://economy-news.net/content.php?id=54304

The Exchange Rate In Iraq Recorded 148,500 Dinars Per 100 Dollars

Economy | 10/04/2025   Mawazine News – Baghdad  The exchange rate of the US dollar against the Iraqi dinar rose slightly in currency markets in the capital, Baghdad. The exchange

rate rose on the main Al-Kifah and Al-Harithiya stock exchanges in Baghdad, reaching 147,700 dinars for every $100, compared to 147,650 dinars for every $100 yesterday, Wednesday.

The selling price at exchange shops in local markets in Baghdad reached 148,500 dinars for every $100, while the buying price reached 146,500 dinars for every $100.
https://www.mawazin.net/Details.aspx?jimare=260708

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/

Seeds of Wisdom RV and Economic Updates Thursday Evening 4-10-25

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NEW HAMPSHIRE HOUSE PASSES STATE BITCOIN RESERVE BILL

The “Live Free or Die” state is one step closer to embracing Bitcoin after the House of Representatives passed a reserve bill.

A bill proposing the creation of a state Bitcoin reserve was passed by the New Hampshire House of Representatives on Thursday.

The House’s vote on New Hampshire Bill HB302, which if passed would allow the state’s treasury to invest in precious metals and digital assets, held a difference of just 13 votes, with 192 representatives voting for the bill and 179 voting against.

The bill will now move on to the New Hampshire Senate.

“We’re tied to the U.S. dollar, whether we like it or not, but this would allow us to have the state invest a small portion into this uncorrelated, new asset class,” New Hampshire Representative and bill proposer Keith Ammon previously told Decrypt.

Proposed in January, the bill would allow the state’s treasury to allocate up to 5% of the state’s public funds to eligible assets, based on text from the House’s amended bill. The initial proposal suggested an allocation of up to 10% of the state’s public funds.

Those funds can be used on precious metals like silver or gold, or…"any digital assets with a market capitalization of over $500 billion averaged over the previous calendar year.” Only Bitcoin meets that requirement, as of this writing.

New Hampshire’s treasury carried around $3.6 billion in funds as of its most recent annual report, meaning the state could buy up to approximately $181 million worth of precious metals or Bitcoin.

If spent only on crypto’s top asset, at today’s price of $79,755, that would give the Granite State a reserve of around 2,269 BTC. Bitcoin is down about 3.5% on the day, per data from CoinGecko.

The bill indicates that digital assets held by the state must be held by a qualified custodian, by the treasurer with a secure custody solution, or via an exchange traded product from a registered investment company.

New Hampshire is one of many states considering Bitcoin reserve bills, some of which have thus far failed to push them through their respective Houses—like in Pennsylvania and Wyoming.

President Donald Trump signed an executive order to create a Strategic Bitcoin Reserve for the United States on March 6.

@ Newshounds News™
Source:  Decrypt

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NORTH CAROLINA LAWMAKER INTRODUCES DIGITAL ASSET FREEDOM ACT

North Carolina joins the growing list of US states attempting to pass comprehensive digital asset bills as a hedge against inflation.

North Carolina (NC) representative Neal Jackson introduced the North Carolina Digital Asset Freedom Act on April 10. The bill proposes that qualifying "digital assets" be accepted as a legally recognized form of payment and for taxes.

Although the language of the bill does not specifically mention Bitcoin, there are several provisions laid out that make BTC uniquely qualified under the bill's definition of a "digital asset."

These stipulations include a minimum market capitalization of $750 billion and a daily trading volume of over $10 billion, a market history of 10 years or more, proven censorship resistance, proof-of-work consensus, lack of a central authority, 99.98% or more network uptime, and a maximum supply cap. The bill read:

"The General Assembly further finds that decentralized digital assets, which are not governed by any central entity or foundation, align with the economic principles of limited, noninflationary money and are capable of ensuring the security and integrity of transactions."

Jackson's bill is merely the latest in state-led Bitcoin strategic reserve legislation in the United States amid inflation concerns, high US federal debt and a depreciating currency.

North Carolina takes a firm stance against CBDCs

Former North Carolina Governor Roy Cooper vetoed a bill banning a central bank digital currency (CBDC) in July 2024. At the time, Cooper characterized the bill as "premature, vague, and reactionary" to threats that have not yet materialized.

In August 2024, the North Carolina House of Representatives overrode Cooper's veto in a definitive and bipartisan 73-41 vote.

The North Carolina Senate followed suit by overriding Cooper's veto in a 27-17 vote and passed the anti-CBDC legislation into law in September 2024.

Dan Spuller, the head of industry affairs at crypto advocacy organization the Blockchain Association, applauded the action taken by NC lawmakers to push back against the tide of CBDCs.

"This bill should have never been vetoed, and Governor Cooper blew an opportunity to send a strong message to the Federal Reserve that NC stands united against CBDCs," Spuller wrote in a Sept. 9 X post.

@ Newshounds News™
Source:  CoinTelegraph

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BRICS: US DOLLAR IS NOW AN UNRELIABLE CURRENCY, SAY ANALYSTS

BRICS is doing everything to puncture the prospects of the US dollar as the White House is accused of weaponizing the currency. The bloc kick-started the de-dollarization agenda and is now convincing emerging economies to trade in local currencies. The alliance has been successful as many developing countries signed trade deals settling cross-border transactions in native currencies.

If the White House fails to import the dollar, the U.S. could enter a new era of hyperinflation. The US dollar needs to maintain its dominant position in the currency markets to make other countries absorb its deficit.

BRICS: The US Dollar Losing Its Reliability, Say BMO Analysts

Commodity analysts at BMO Capital Markets wrote that the US dollar is losing its sheen and BRICS is leveraging the development. The notion to push local currencies ahead for trade and transactions is easier now than ever before. “The US dollar is no longer seen as a reliable reserve asset,” wrote the analysts. 

The note added, “Looking at the broader picture, the combination of deficit spending, tariffs, and pressures on smaller nations has fueled market uncertainty. Increased uncertainty typically leads to lower interest rates for Treasuries but also causes turbulence in equity markets,” he said.

The recent stock market crash is also a cause of worry as investors lose trust in the trade sector. The note added that BRICS could also put gold forward and diversify their reserves more without the US dollar.

“Recently, we’ve seen heightened volatility and a meaningful decline in equities from their highs earlier this year. This underscores a fundamental question: What can people truly trust? The answer remains a physical metal, gold, which has preserved its value for thousands of years and has never been debased, unlike every currency in history.”

@ Newshounds News™
Source:  Watcher Guru

~~~~~~~~~

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Debt Crisis, Fed Meltdown Accelerates as Gold Confirms Crisis

Debt Crisis, Fed Meltdown Accelerates as Gold Confirms Crisis

Taylor Kenny:  4-9-2025

While the news cycle whirls with political dramas and fleeting headlines, a more profound, and potentially alarming, story is unfolding in the financial markets: the soaring price of gold.

This isn’t just a typical commodity price fluctuation; some experts argue that gold’s rise serves as a stark warning sign of a deeper, more systemic problem brewing beneath the surface – a crippling debt crisis threatening to destabilize the U.S. economy.

The core issue, as highlighted by financial analysts like Taylor Kenney on ITM Trading, is the staggering $36 trillion U.S. national debt. This monumental figure, largely ignored in main stream media, is rapidly spiraling out of control.

Even seasoned financial veterans are admitting that we’re navigating uncharted waters, with traditional economic models struggling to offer clear solutions or predict the long-term consequences.

Historically, gold has served as a safe-haven asset, a store of value sought after during times of economic uncertainty and currency devaluation. When investors lose faith in traditional assets like stocks and bonds, particularly those backed by debt-ridden governments, they often flock to gold, driving up its price.

The current gold rally suggests growing anxiety about the stability of the dollar and the ability of the U.S. government to manage its burgeoning debt.

Adding fuel to the fire is the increasing trend of central banks around the world diversifying their reserves, moving away from the U.S. dollar and towards other assets, including gold.

 This de-dollarization trend, if sustained, could further weaken the dollar’s global dominance and exacerbate the existing debt crisis. Central banks, typically conservative and meticulous in their investment strategies, aren’t known for making rash decisions.

Their shift towards gold suggests a pragmatic assessment of the increasingly precarious global economic landscape.

Ignoring the warning signs flashing in the gold market could be a costly mistake. While the future is uncertain, understanding the underlying issues and taking proactive steps to protect your wealth is crucial for navigating these turbulent economic times.

The soaring price of gold isn’t just a number; it’s a call to action. It’s a reminder that prudence and informed decision-making are paramount in safeguarding your financial future in an increasingly volatile world.

https://youtu.be/nG4bkwymAeU

Iraq Economic News and Points to Ponder Thursday Afternoon 4-10-25

A High-Level US Economic Delegation Visits Iraq, Affirming Partnership And Economic Development

Buratha News Agency1312025-04-10   The Vice President of the U.S. Chamber of Commerce, Steve Lutes, confirmed on Wednesday that the U.S. Treasury will play an active role in developing the Iraqi economy, noting that Iraq is witnessing increasing openness to economic partnerships with the United States.

Lutes stated during a press conference that "our visit to Iraq represents the largest delegation of American businessmen to visit the country, and includes diverse sectors of the American economy," stressing that "Iraqi Prime Minister Mohammed Shia al-Sudani is working to strengthen partnerships between Iraqi companies and their American counterparts to develop the industrial and economic sectors."

He also explained that "the US Treasury Department and the US Chamber of Commerce represent key players in supporting joint economic cooperation between the two countries, with the aim of achieving sustainable development and expanding the horizons of joint action."

In contrast, Ibrahim al-Baghdadi, head of the Iraqi Economic Council, emphasized during the conference that "the country has witnessed a significant decline in the level of education in recent years since liberation, but the presence of the American University in Iraq represents an important step toward saving education and represents a real lifeline."

Al-Baghdadi added, "We cannot forget the role of the United States in liberating Iraq from dictatorship. It is a pioneering country in many fields and continues to contribute to supporting Iraq."

He pointed out that "the visit of the American delegation, consisting of more than 100 figures representing more than 60 companies, is clear evidence of the development of economic relations between Baghdad and Washington," noting that "the Private Sector Development Council was launched two days ago, headed by Prime Minister Mohammed Shia al-Sudani, and including the First Deputy Prime Minister, the Minister of Planning, and the Second Deputy Prime Minister."

He concluded by saying, "Iraq is dozens of times better off today than it was in recent years, and we welcome any company willing to invest and work within Iraq to develop its industrial and economic sectors."   https://burathanews.com/arabic/economic/458652

Planning: 241 Trillion Dinars In Investments Required By 2028

Money and Business   Economy News – Baghdad  The Ministry of Planning estimated the investments required by 2028 at more than 241 trillion dinars.

“The volume of investments required to achieve the targeted growth rate of 4.24% during the implementation period of the National Development Plan is a total of 241 trillion and 100 billion dinars,” the ministry’s spokesperson, Abdul Zahra Al-Hindawi, told Al-Sabah, followed by Al-Eqtisad News. He pointed out that “the government sector contributes about 157 trillion and 300 billion dinars of that.”

He explained that "private sector investments constitute 8.34% of the total required investments, and the crude oil sector will receive the largest share of capital formation, amounting to 27.4%, followed by the housing ownership and social development services sectors, which will receive 22.5% and 20.8% of capital formation, respectively."

Al-Hindawi pointed out that "the water and electricity sector will receive 8.6% of capital formation, while the manufacturing sector will receive 8.7%, and the remaining sectors will have varying percentages of capital formation," explaining that "in light of the expected targeted GDP growth rate of 4.24% at constant prices, which exceeds the estimated annual population growth rate of 2.5%."

For his part, economic expert Alaa Al-Fahd questioned the role of the private or mixed sector in providing these investments to establish projects within the national development plan, continuing, “The oil sector enjoys very significant foreign and local investment participation because it is productive, and any investment funds invested in this sector will be income-generating in the future and have investment benefits, while other sectors provide specific services and have investment aspects and infrastructure.”

Al-Fahd stressed that “if Iraq wanted to open up to investment and sign all projects, including the ‘Development Road’ and the completion of the ‘Grand Faw Port’, these amounts would be greatly multiplied,” noting “the necessity of the private and foreign sectors participating in this field, because the government cannot provide these amounts alone without cooperation, joint investment and partnership with other sectors.”   https://economy-news.net/content.php?id=54298

US Agency: Partnership Contracts With Iraq Are The Largest And Most Recent

Energy  Economy News – Baghdad   Bloomberg, the US news agency, described the partnership contracts signed with the Iraqi government on Thursday as the largest and most recent, while noting Baghdad's success in developing the electricity generation sector with the two largest energy companies.

The agency stated in a report followed by "Al-Eqtisad News" that "Iraq signed non-binding agreements with two American companies aimed at adding 27 gigawatts to the country's electricity generation system, as part of efforts to meet the growing demand for energy." It noted that "the Iraqi government signed a memorandum of understanding with General Electric Vernova to build gas-fired power plants with a production capacity of up to 24 gigawatts."

She added that the plan, described as "the largest and most advanced" in the country's history, allows for access to external financing from international banks.

Electricity Minister Ziad Ali Fadel explained in a statement following the signing, according to the statement, that "the new stations will produce approximately 8 gigawatts without consuming fuel, while they will produce 16 gigawatts using natural gas and other fuels."

He explained that "demand for electricity in Iraq is expected to reach 55 gigawatts during the summer, while the country's current production capacity ranges between 16 and 26 gigawatts, depending on gas availability."

He pointed out that "the ministry signed another memorandum of understanding with UGT Renewables to establish an integrated solar energy project with a capacity of 3 gigawatts, financed by the US Export-Import Bank, the UK Export Finance Corporation, and JP Morgan," stressing that "the agreement includes a two-year period for technology transfer, training, operation, and maintenance."

The agency continued, "Oil Minister Hayan Abdul Ghani had previously announced talks with several companies to secure two floating storage and regasification units by early June, following the United States' decision not to renew the waiver that allowed OPEC's second-largest producer to purchase electricity from Iran."

For its part, the US Embassy confirmed that "Iraq's agreements with GE Vernova and UGT Renewables are worth billions of dollars."  It should be noted that "the exact cost and timeline for the projects are unknown."   https://economy-news.net/content.php?id=54309

Parliamentary Finance Committee: Amending The Import Control Authority Law Is A First Step Towards Achieving Sustainable Development

Money and Business   Economy News – Baghdad  Parliamentary Finance Committee Chairman Atwan Al-Atwani affirmed on Thursday that amending the General Authority for Import Control Law is a first step towards achieving sustainable development.

The media office of the Chairman of the Finance Committee stated in a statement, seen by Al-Eqtisad News, that "Al-Atwani received a delegation from the International Partners Foundation to discuss ways to enhance joint cooperation and exchange of expertise."

It noted that "the meeting discussed the financial situation in the country and the role of the committee in following up on the implementation of budget items, monitoring spending and evaluating performance. The priorities of the Finance Committee at the present time were also reviewed, foremost among which is the file of maximizing non-oil revenues."

Al-Atwani said, according to the statement: "We are currently working on preparing an amendment to the law of the General Authority for the Control of Federal Imports, with the aim of submitting it for a second reading as soon as possible, as it aims to maximize non-oil revenues.

He added, "The Finance Committee is finalizing plans to hold an expanded workshop in cooperation with the International Partners Foundation, with the participation of all relevant government agencies, to exchange views and consolidate important observations regarding this law. This will contribute to establishing clear mechanisms for its implementation, enabling the Authority to develop realistic estimates of state revenues."

Al-Atwani pointed out that "the approval of the amendment to the law of this authority and the development of a realistic plan for its implementation is the culmination of the efforts of the Finance Committee and a major national achievement during this parliamentary session, as it represents the first step towards achieving sustainable development by diversifying sources of income and moving away from the philosophy of a rentier economy that is entirely dependent on oil." https://economy-news.net/content.php?id=54311

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/

Seeds of Wisdom RV and Economic Updates Thursday Afternoon 4-10-25

Good Afternoon Dinar Recaps,

PRESIDENT TRUMP USHERING IN CRYPTO ‘GOLDEN AGE,’ WHITE HOUSE OFFICIAL SAYS

The return of US President Donald Trump has come with some concern, but according to one White House official, his administration is set to usher in a new crypto ‘golden age.’ Indeed, Trump’s executive director of digital assets, Bo Hines, recently discussed the impact that his presence will have on cryptocurrency development in the country.

In a post to X (formerly Twitter), Hines called Trump the “true crypto President.” He noted that his stance on the emerging asset class will propel growth. Moreover, he said this effort will help crypto companies that “were victims of a weaponized justice system under the Biden regulatory regime.”

White House Official Says Trump Administration Will Bring New Golden Age for Crypto in US

It has certainly been a volatile start to US President Donald Trump’s second term thus far. Just three months into the year, the returning administration has sought to balance trade with the presence of new Liberation Day tariffs. Subsequently, the move greatly affected the US stock market, with a monumental crash and recession fears abounding the economic outlook.

However, the administration is still hopeful that the short-term struggle will benefit the country in the long term. Moreover, it is optimistic about one key industry that could surge over the next four years. Indeed, US President Trump is poised to usher in a crypto ‘golden age,’ according to White House official Bo Hines.

Speaking to Fox News, the top cryptocurrency policy official for the administration discussed the industry’s potential. “The president has made this a priority, and it is a testament to his leadership and his knowledge of the space,” Hines said.

“Unlike any president before him, he has truly embraced this technological development in a way that no one else has, which has allowed us to do what we need to do to make the United States the crypto capital of the world,” he added.

Hines also notes that the administration is “clearing the deck” of Biden-era policies. Indeed, the previous president had a well-established opposition to the industry. Yet, things have already changed drastically in the early months of Trump’s return. Things should continue, with Standard Chartered saying Bitcoin has $500,000 upside under Trump.
@ Newshounds News™

Source:  Watcher Guru

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ELIZABETH WARREN ACCUSES TRUMP OF MARKET MANIPULATION OVER TARIFF CHAOS

Senator Warren accuses Trump of market manipulation through erratic tariff decisions, alleging insider profit.

Trump's unpredictable tariffs, including a sudden hike on Chinese goods and a temporary pause, are causing market instability and economic uncertainty.

Congress is facing pressure to investigate Warren's claims and address the economic impact of Trump's tariff policies.

President Donald Trump’s 90-day tariff pause gave crypto markets a brief moment to breathe—but the calm didn’t last long. Behind the scenes, political tensions are heating up fast. U.S. Senator Elizabeth Warren is now going after Trump with serious accusations, claiming his unpredictable tariff moves may have been more than just bad policy. She says they might have been a calculated play to benefit his wealthy allies.

Could these sudden shifts in trade policy be more than meets the eye? The story gets deeper—and more explosive—the further you look.

Is Trump Playing the Market?

Warren is urging an independent investigation to find out whether Trump’s sudden tariff changes were meant to benefit his wealthy Wall Street allies. She argues that his actions go beyond bad economic planning and could point to deeper issues. Calling the pattern “corruption,” Warren claims that insiders close to Trump may have made profits by taking advantage of market chaos.

One of Warren’s main concerns is the sharp increase in tariffs on Chinese goods—from 105% to 125%—which caught markets off guard. Around the same time, Trump announced a 90-day pause on tariffs for other countries. This brief relief calmed the markets temporarily, but Warren believes the timing may have been deliberate—giving insiders a chance to “buy the dip” before prices bounced back.

Economic Warning Signs Are Flashing

Warren didn’t stop there. She blamed Trump’s constant changes in trade policy for hurting the U.S. economy, saying the “flip-flopping” has shaken investor confidence. With factory output slowing and job openings (JOLTS data) showing weakness, fears of a possible recession and rising inflation are growing.

From the Senate floor, Warren called on Congress—especially Republicans—to take action and put an end to what she calls “Trump’s tariff chaos.” She warned that this unpredictable approach to trade could cause even more damage to the economy if left unchecked.

More Lawmakers Join In

Representative Steven Horsford also criticized Trump’s sudden tariff reversal, saying it might be an example of market manipulation. He questioned who benefited from the move, hinting that billionaires may have taken advantage of the situation. His comments reflect growing concern in Congress that Trump’s trade policies are helping a select few while creating volatility.

Other lawmakers have also raised red flags, worried that Trump’s unpredictable trade strategy could harm the U.S. economy in the long run.

Former National Security Advisor John Bolton also voiced his disapproval. He said Trump’s tariff approach is flawed, and instead of working with allies to hold China accountable for intellectual property theft, Trump has picked fights with major trading partners.

As political and economic tensions rise, attention is now on Congress. Will lawmakers launch a formal investigation into Warren’s claims of market manipulation? For now, the pressure is building—and the markets are watching closely.

@ Newshounds News™
Source:  Coinpedia

~~~~~~~~~

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