The Biden administration told Congress it plans to cancel $4.65 billion in debt owed by Ukraine, according to a letter obtained by Bloomberg. This is the latest in a series of moves to boost support for Kiev before Trump takes office. The White House will cancel half of the $9 billion loan it provided to […]
Will the Russian-Ukrainian war escalate into World War III? Russia’s invasion of Ukraine has entered the 1,000th day. After US President Biden lifted arms restrictions, Ukraine used US-made long-range missiles to attack Russian territory for the first time on Tuesday (November 19), sparking concerns that the war may escalate and expand. The director of the […]
Jollibee Foods Corporation, a Philippine fast food chain that has grown from an ice cream shop to a fast food chain and expanded to a coffee shop chain and a Hong Kong dim sum chain, has become a global catering giant. Recently, it announced the full acquisition of Hong Kong dim sum chain Tim Ho […]
Analysts expect central banks to continue to increase their gold holdings. In addition, the market is concerned that US interest rates may rise further and geopolitical crises may cause international gold prices to fluctuate this week, but the overall trend is upward. According to Bloomberg on Wednesday (November 20), UBS believes that gold prices are […]
The United States has always been a “two-faced” country, with one side moving forward towards the ideal of progressivism and the other side looking back to the reality of conservatism. In the intersection of ideals and reality, the political game of the United States has always been “America against America” since its founding. The more […]
A senior advisor to the elected US President Trump stated that the 60% tariff on Chinese goods should also apply to any goods sold to any country through a new port in Peru by China. According to Bloomberg, Mauricio Claver-Carone, a member of Trump’s transition team, mentioned that tariffs on Chinese goods should be extended […]
North Korean leader Kim Jong-un stated that North Korea will enhance its nuclear capabilities without limitations and fully prepare for war. According to the Korean Central News Agency, the Fourth Company Commanders and Political Instructors Meeting of the Korean People’s Army was held in Pyongyang on the 14th and 15th of November. Kim Jong-un attended […]
When trying to understand the impact of the new Trump administration, it is important to remember a popular saying in Washington: personnel is policy. What policies there will be depends on the people in the team who hold positions and are responsible for the day-to-day management of policies. On war and peace, the president will […]
The Kremlin has not immediately responded to the news that the United States allowed Ukraine to use U.S.-made long-range ballistic missiles to strike deep into Russian territory, but senior Russian officials warned that if the White House relaxes restrictions on Ukraine’s use of U.S. weapons, it will be seen as a major escalation of the […]
Gold prices fell for the fifth straight session, dropping to their lowest level in eight weeks, pressured by a stronger dollar and rising Treasury yields. As of 10:44 a.m., spot gold fell 0.6% to $2,559.39 an ounce, after falling to its lowest point since Sept. 19, Reuters reported. U.S. gold futures fell 0.9% to $2,564.00. […]
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