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X @Bloomberg
Bloomberg· 2025-08-22 06:25
Turkey sees the potential for faster trade between China and Europe through a South Caucasus corridor https://t.co/5gRTfPeokj ...
X @The Wall Street Journal
Hastily drafted trade accords between the U.S. and allies in Europe and Asia leave questions about who promised what https://t.co/gdFd5Hh9Lm ...
X @The Economist
The Economist· 2025-08-08 04:40
Across Africa terrible connections, sky-high prices, and hostile visa rules and customs regulations hamper the exchange of goods, people and ideas by air https://t.co/AE0QkewQkB ...
The Importance of Having a Reserve Currency
Global Trade & Currency Dynamics - A country's currency becomes the preferred global medium of exchange when it leads international trade [1] - This currency then becomes the preferred storehold of wealth and the world's leading reserve currency [1] - Historically, the Gilder, pound, and dollar have served as reserve currencies when the Dutch, British, and US led world trade, respectively [1] Reserve Currency Advantages - China's currency is increasingly being used as a reserve currency [2] - Having a reserve currency allows a country to borrow more than others, providing a significant advantage [2] - Countries without a reserve currency do not have the same borrowing power [2] Risks & Historical Parallels - A country with a reserve currency can print more money when it runs out [3] - The privilege of a reserve currency can lead to increased borrowing and the beginning of a financial bubble [3] - This pattern of financial, political, and military power bolstered by reserve currency borrowing has been observed throughout history [3][4]
X @BBC News (World)
BBC News (World)· 2025-08-06 14:29
Trade Relations - US imposes additional 25% tariff on India [1] Geopolitics - Tariffs are related to India's purchases of Russian oil [1]
X @Bloomberg
Bloomberg· 2025-08-05 12:42
Trade Balance - US trade deficit narrowed to the tightest since September 2023 [1] - Companies scaled back on imports after a massive surge earlier in the year [1]
X @Bloomberg
Bloomberg· 2025-08-04 07:48
Crude Oil Trade - At least four tankers discharged millions of barrels of Russian crude at Indian refineries [1] - Deliveries are continuing as normal despite US pressure [1]
X @The Economist
The Economist· 2025-08-01 15:00
Supply Chain & Trade - Groceries from Iran are being sold covertly and on a large scale to unsuspecting customers across the Gulf region [1] - This includes countries that claim to import no goods from Iran [1]
X @Bloomberg
Bloomberg· 2025-08-01 09:59
Trade Policy - The report indicates that the US government, under Donald Trump, has introduced new global tariffs [1] - Canada, Switzerland, and some Southeast Asian countries are identified as being significantly impacted by these tariffs [1] International Trade - The tariffs are part of an effort to reshape international trade [1]
X @Investopedia
Investopedia· 2025-07-30 12:00
Learn what a bank guarantee is, how it works, its types, and real-world examples. Understand why it's essential for international trade and business security. https://t.co/9XHoccb6Ju ...