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OPEC+ agrees to ramp up production in August
Last Saturday, OPEC+ concluded at its global headquarters for oil diplomacy that the world would need slightly more crude starting in August. The group of oil-exporting countries agreed to lift...
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Trump turns up heat on Powell, pressing for resignation
Federal Reserve Chair Jerome Powell is once again in the hot seat. US President Donald Trump has ramped up pressure on the head of the central bank, relentlessly criticizing Powell...
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Red-hot Useless Coin shows great performance
A curious newcomer has shown up in the crypto market. Investors are scrutinizing a new memecoin – Useless Coin. Its most unusual feature is its name. However, according...
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ECB warns that strong euro could undermine inflation goals
The European currency keeps rising and surprising analysts and economists alike, but there are hidden pitfalls that worry ECB officials. They fear the euro’s rapid appreciation could derail plans...
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Tesla stock slumps due to clash between Donald Trump and Elon Musk
Tesla stock has plunged below $300 apiece. The reason? A renewed clash between US President Donald Trump and Tesla CEO Elon Musk. The two parties have recently exchanged threats, reigniting...
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Trump’s Bitcoin push threatens dollar and US economy, economist Schiff warns
Businessman Peter Schiff has made waves with his latest remarks, claiming that Bitcoin is harming the US economy and putting heavy pressure on the dollar. He believes that President Donald...
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White House floats tariff pause extension
What a surprise move from the White House! On June 26, the US administration announced that the July 9 deadline set by the president for striking new trade agreements could...
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Trump pleased that Bitcoin mitigates pressure on US dollar
The world’s first cryptocurrency still astonishes market participants. Bitcoin’s potential has been duly recognized by US authorities, including President Donald Trump. In a recent press conference at the White House...
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Fed Chair cannot be replaced immediately despite feud with Donald Trump
Poor Jerome Powell, the Federal Reserve Chairman! He has to overcome a long-running feud with the US president, withstand nasty remarks from Trump’s administration, and steer monetary policy amid Trump’s...
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EU ready to accept 10% tariff but pushes for critical exemptions
EU representatives are in a difficult position. They are willing to accept a universal 10% tariff on most goods exported to the United States. However, there is a catch...