EUR/USD declines below 1.0500 amid escalating French government crisis – FXStreet
In early European trading on Tuesday, the EUR/USD pair was trading in negative territory for the second consecutive day at around 1.0490. Growing concerns about the possible collapse of the French government are weakening the euro. US manufacturing PMI in November exceeded expectations. EUR/USD fell to around 1.0490 in early European time on Tuesday. The […]
Syrian insurgents cut Damascus-Aleppo highway as 200 die in escalating violence | Syria
Jihadists blocked the main road from Damascus to Aleppo during the attack, and monitors said Russian air strikes killed around 200 people, including civilians. The Syrian Observatory for Human Rights said on Wednesday that the jihadist group Hayat Tahrir al-Sham (HTS) and its allies launched a surprise attack on government-held areas in northern Aleppo province, […]
China funds slash ETF fees, escalating price war in booming market
Erin Gibbs, chief investment officer at Main Street Asset Management, discusses whether the U.S. dollar is at risk of losing its status as the world's reserve currency on “Making Money.” SHANGHAI/HONG KONG – A major Chinese fund company on Wednesday announced sharp cuts in fees for a range of exchange-traded funds (ETFs), intensifying price competition […]
What’s behind the escalating situation in Ukraine? – podcast | Ukraine
Tuesday marked the 1,000th day of the war in Ukraine, which has dragged on for months with no end in sight. Russia continues to advance, but progress is painfully slow as the Ukrainian resistance struggles with a lack of arms and aid. Both sides have problems with morale and recruitment. Things have changed over the […]
US allies accuse Russia of ‘escalating hybrid activities’ against NATO, EU nations after data cables severed
US allies in Europe claim Russia is “escalating its hybrid activities” against NATO and EU countries following the cutting of two data cables in the Baltic Sea. The declaration came amid Moscow's announcement that the Ukrainian military fired six U.S.-made missiles into Russian territory on Tuesday. In the previous two days, cables connecting Finland to […]
From cease-fire push to boots on the ground in Israel: US seemingly accepts involvement in escalating war
The United States is moving deeper into the Middle East conflict after announcing a pivotal move to send troops to Israel this week. On Monday, the Biden administration announced it would provide Israel with one of America's advanced THAAD missile defense systems. This is as Iran prepares for possible Iranian retaliation against Israel's planned counterattack […]
Where the charts indicate gold is headed next as it rallies on escalating geopolitical tensions – CNBC
Two factors are driving gold prices to new all-time highs. One is rising tensions in the Middle East, and central banks around the world are moving towards a more dovish or accommodative stance. I believe there is further upside room for gold, either in the underlying bullion market or in major gold miners like Harmony […]
Wendy Sherman says escalating tensions in Middle East are ‘quite serious’
Former Deputy Secretary of State Wendy Sherman said rising tensions between Israel and Hezbollah in the Middle East were “very serious.” “I view the situation as very serious,” she said Sunday on NewsNation's “The Hill Sunday.” Sherman's appearance comes amid a rise in inter-group violence in the Middle East. Last week, Israel attacked pagers belonging […]
After repeated promises from Biden administration that a cease-fire is close, war in Middle East is escalating
After months of public optimism about the prospects for a ceasefire, Biden administration officials are pessimistic about the prospects for an end to the war between Israel and Hamas. “We're no closer to that now than we were a week ago,” National Security Council spokesman John Kirby told reporters on Wednesday, calling the prospect of […]
15 Examples of Media, Democrats Escalating Rhetoric Against Donald Trump After Second Assassination Attempt
Democrats and their allies in the mainstream media are intensifying, rather than taming, their criticism amid rising tensions following a second assassination attempt on former President Donald Trump. Democrats and the media have long argued that Trump is an “existential threat” who must be “removed” and “totally destroyed.” Trump is “a destroyer of our democracy […]