‘Make the Dollar Great Again’: Trump pushes for a new dollarization
The US aims to strengthen the dollar’s global dominance via digital currencies, with experts examining other options, even as trade policies pull in the opposite direction
Spain sees slowdown in US tourists due to weak dollar and Trump’s policies
Caixabank Research estimates that American visitors account for almost 10% of spending per traveler, despite only accounting for 5% of arrivals
Wall Street wrestles with market volatility amid renewed tariff tensions with China
European markets rise nearly 2.5% after sharp declines, while US indices falter following a 104% tariff announcement on the Asian country
How Trump’s tariffs are affecting the market: The stampede that wiped $5 trillion off Wall Street
Global markets are facing their worst days since the pandemic, with Trump’s harsher-than-expected trade war stoking fears of a recession, triggering panic among investors, and causing an economic earthquake
The dollar under pressure: Why Trump’s trade war is also a currency war
Trump’s desire for a weak dollar to reindustrialize the US has alarmed markets due to the potential consequences of the dollar losing its status as the world’s reserve currency
Between gold fever and cacao fever
It may be premature to talk about a rally of the metal, but we’re late in talking about the bean’s: by Easter, cacao’s price per ton had risen above $10,000, an all-time high
25 years of the euro
Despite its imperfections, it has proven to be better than the alternative of not having it and has created an area of stability
The European Central Bank prescribes pain
Since mid-2022, there have been 10 straight interest rate hikes; the most recent one is unnecessary and beyond questionable