16:18 2025-04-24
Putin: Russia should take advantage of the trade war to strengthen its economyRussian President Vladimir Putin has urged his economic officials to seize the opportunity presented to the global economy by market turmoil and the intensifying trade war. Russia's trade with the United States and the European Union has fallen sharply due to sanctions, but has not been affected by Trump's tariffs. The country is now facing a prolonged period of falling oil prices and falling budget revenues. "Commodity and financial marekts are...
16:00 2025-04-24
Trump: Will Interview with Jeffrey Goldberg, Editor-in-Chief of The AtlanticTrump said he would meet with Jeffrey Goldberg, editor-in-chief of The Atlantic. Small financial note: Jeffrey Goldberg recently broke the news that he was pulled into a chat group at the top of the US government to discuss the attack on Yemen's Houthi militants, which continues to attract attention from the outside world.
15:48 2025-04-24
Opinion: Stablecoin legislation should safeguard financial privacyJennifer J. Schulp, director of financial regulation research at the Cato Institute, pointed out in an op-ed that stablecoin legislation under consideration in the US Congress, including the GENIUS Act and the STABLE Act, is designed to combat illegal financial activities, but must avoid triggering excessive financial surveillance of users.
She stressed that stablecoin issuers being subject to the Bank Secrecy Act (BSA) could lead to comprehensive tracking of user transactions and erode personal...
15:36 2025-04-24
Federal Reserve officials blow "interest rate cut wind", US stocks are higherU.S. stocks rallied on Thursday, with the Nasdaq up more than 2 percent at one point, the S & P 500 up nearly 1.5 percent, and the fear index VIX hovering around 27. President Trump appeared to be reassessing some of the more aggressive approaches he has taken on trade and the Federal Reserve. "Now that the market has recovered a fair amount of ground lost, it can start to continue the momentum," said investment firm Abound Financia.