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Monday, January 18, 2021
China finally launched last month its yuan-denominated crude oil futures that have been in the works for years, after several delays. The start of the new contract trading was successful, attracting interest from institutional and retail investors, and major commodity...
Washington is reportedly preparing to announce tariffs on billions of euros of goods from the European Union, following a confidential decision by the WTO that was just handed down on Friday,  Politico reports, citing four anonymous EU officials.
US President Donald Trump is looking to impose a 10 percent tariff on another $200 billion-worth of Chinese goods, after Beijing imposed reciprocal tariffs on US imports, as part of an expanding trade war with Washington. In a statement...
Russian gold could become the perfect alternative to conservative investments in the greenback, the CEO of Russia's key trading floor, Moscow Exchange (MOEX), believes. "Let's offer an alternative to the US dollar in the form of Russian gold, which we...
The decades-long US infatuation with Venezuela came to a head on Wednesday as the United States, Canada, Brazil, and others all declared a man who never even ran for the office of presidency, much less got elected to the...
The streamer's long-term debt has soared north of $10 billion, though Moody's says ratings and outlook remain stable. Netflix's insatiable appetite for content, both original and licensed, is causing the giant streamer to borrow another $2 billion, and Wall...
The five major emerging economies – Brazil, Russia, India, China, and South Africa – are developing a joint new payment system called BRICS Pay, the Russian media has reported. BRICS countries want to create...
Just as China topped the list of nations buying US oil, Beijing - retaliating to unilateral Trump economic threats - sent jitters through energy markets on Friday by threatening new tariffs on natural gas, crude oil and many other...
Confirming expectations, Wilbur Ross announced the steel, aluminum tariffs exemptions were lifted on EU, Mexico, and Canada. This prompted angry responses from the head of the EU bloc's executive Jean-Claude Juncker who said that the European Union will impose...
The Chinese COMAC C919 airplane, which seeks to challenge the market dominance of the Boeing 737 and Airbus A320, has made its maiden flight. The new narrow-body twin-engine passenger jet took to the skies of Shanghai on Friday. The...

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