The Federal Reserve has scheduled a closed board meeting for today, April 7, 2025, at 11:30 a.m. ET. The purpose of the meeting is to review and determine the advance and discount rates to be charged by the Federal Reserve Banks. These rates are related to the cost of borrowing directly from the Fed’s discount […]
Federal Reserve announces closed board meeting for today Read More »
On April 7, 2025, Hong Kong’s Hang Seng Index closed down 13.2%, marking its most significant single-day decline since the 1997 Asian financial crisis. This sharp drop was largely driven by escalating trade tensions between the U.S. and China, following China’s retaliatory tariffs in response to U.S. levies imposed under President Donald Trump. The sell-off
Hong Kong’s stocks close down 13.2%, the WORST drop since 1997 Read More »
The Taiwan stock market has halted trading due to a circuit breaker being triggered. This occurred after the benchmark index plummeted nearly 10% at the opening of the first trading session following a two-day market holiday. The sharp decline was largely attributed to new import tariffs announced by U.S. President Donald Trump the previous week,
Taiwan stock market trading halted, circuit breaker triggered Read More »
As of April 7, 2025, reports indicate that Taiwan has offered zero tariffs to the United States as a proactive move in response to President Trump’s recently imposed tariffs. On April 2, 2025, Trump announced a sweeping tariff plan, including a baseline 10% tariff on all imports to the U.S. and higher “reciprocal” tariffs on
TAIWAN OFFERS ZERO TARIFFS TO U.S. IN RESPONSE TO TRUMP’S TARIFFS Read More »
As of today, April 7, 2025, reports indicate that Japanese Prime Minister Shigeru Ishiba has expressed readiness to visit the United States to discuss tariff issues with President Trump. This follows Trump’s implementation of significant tariffs on Japanese imports, including a 24% reciprocal tariff and a 25% tariff on automobiles, which have impacted Japan’s economy,
India is actively working to negotiate a new and balanced trade deal with the United States to mitigate the impact of President Donald Trump’s proposed tariffs. As of April 6, 2025, these tariffs, which include a baseline 10% levy on all imports and higher reciprocal rates—such as 26% on Indian goods—aim to address perceived trade
Vietnam has indeed made an offer to remove all tariffs on U.S. imports as a strategic move to avoid the steep 46% tariffs imposed by President Donald Trump on Vietnamese goods. This development follows a phone call on April 4, 2025, between Trump and Vietnam’s leader, To Lam, which Trump described as “very productive.” During
Vietnam offers to remove all tariffs on US imports to avoid President Trump’s tariffs Read More »
TARIFFS: Nations across the globe are coming to the table to negotiated reduced tariffs for US products. Argentina’s president did one better by agreeing to remove all tariffs and trade barriers on US products making it America’s first ‘zero-tariff’ partner.
Argentina = 1st ZERO-TARIFF USA Partner Read More »
As of April 5, 2025, there have been reports suggesting that Germany is contemplating the withdrawal of approximately 1,200 tons of gold from a U.S. Federal Reserve vault in New York, potentially as a response to new tariffs imposed by the U.S. This gold, valued at around €113 billion (approximately $124 billion depending on exchange
The SEC’s decision to classify stablecoins pegged 1:1 to USD and fully backed by liquid reserves as non-securities is a green light for those specific stablecoins to operate without the heavy securities regulation baggage, which could streamline things for issuers like Circle (USDC) or Tether (USDT), assuming they meet the criteria. The SEC saying stablecoins
