Keywords: Scott Bessent
The U.S. dollar index plunged to 97, its lowest in four months, on Monday as speculation mounted over potential joint U.S.-Japanese currency intervention and investors shed dollar-denominated assets amid lingering uncertainty from the Trump administration. The greenback's drop extended a rough week,......
US stock futures plunged sharply on Tuesday as President Donald Trump escalated trade tensions with European NATO allies by threatening new tariffs linked to his push to acquire Greenland. Dow Jones Industrial Average futures tumbled 600 to 750 points, reflecting a drop of 1.3% to 1.5%, while S&P......
Iran faces its most severe crisis since the 1979 Islamic Revolution, sparked three weeks ago when Tehran bazaar merchants shuttered shops in protest against the currency's collapse. What began as economic demonstrations on December 28, 2025, has evolved into a nationwide uprising demanding regime......
Australia's Finance Minister Jim Chalmers departed for Washington DC on Sunday to join finance leaders from major global economies in talks on securing critical minerals supply chains. The Albanese government simultaneously disclosed fresh details about its $1.2 billion strategic reserve, designed......
US Treasury Secretary Scott Bessent has openly questioned the effectiveness of the European Union’s repeated sanctions against Russia, arguing that the measures have not achieved their intended impact on Moscow’s economy or its wartime strategy. In an interview on Sunday, Bessent criticised......
The United States has announced plans to sell its advanced F-35 fighter jets to Saudi Arabia, marking a significant shift in regional military dynamics. The decision was revealed by former US President Donald Trump ahead of Saudi Crown Prince Mohammed bin Salman’s visit to Washington, D.C., signaling......
Boeing has officially launched a $1 billion expansion project at its North Charleston facility in South Carolina, aiming to double production capacity for its popular 787 Dreamliner. The aerospace giant's move comes as it seeks to meet surging global demand for long-haul aircraft and maintain its......
The United States has criticized China’s decision to impose export restrictions on rare earth materials, calling it a “strategic mistake” that exposes Beijing’s use of its dominance in this crucial sector as a political tool. U.S. Treasury Secretary Scott Bessent said......
Global stock markets rallied on Monday as investors celebrated a breakthrough in U.S.-China trade negotiations and growing expectations for another Federal Reserve interest rate cut. The optimism propelled major indices to record highs, signaling a renewed appetite for risk among investors worldwide. Asian......
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