Threats to the American petrodollar, with its weakening monopoly over the oil trade and its declining status as the world’s reserve currency, are continuing to mount. The latest geopolitical/economic challenge: …
"china"
-
-
With an unemployment rate around 4%, it seems that the current economy has enough work to keep America busy for now. But will it last? Between constantly improving robots, artificial …
-
Treasury Secretary Steven Mnuchin has publicly warned that the United States may seek to enact sanctions against any country that trades with North Korea. The intent behind the sanctions would …
-
More people are behind bars in the US than any other nation, and not because of more crime. Rather, a shift in “ideological policy choices” is the primary driver, according …
-
The US dollar’s status as the world’s reserve currency took another blow last week when Venezuela stopped accepting it as payment for oil. Instead, the oil-rich country has begun pricing …
-
Most people have heard of black tea and green tea. Many have even heard of white tea. But unless they’re tea aficionados, they probably haven’t heard of oolong tea. That’s …
-
A US semiconductor firm that is looking to be sold to a Chinese-backed private equity firm may need to get President Trump’s approval for the sale. The firm, Lattice Semiconductor …
-
Increased sanctions against Venezuela could end up raising the cost of gasoline for American consumers. Most people don’t realize just how much oil is imported into the United States from …
-
In response to new sanctions levied against Russia by the United States government, the Russian government reemphasized its desire to continue moving away from using the US dollar and US-connected …
-
While most Americans are focused on the barbs traded between President Trump and North Korean dictator Kim Jong Un, or on the United States government’s actions with regard to Russia, …