Oil Exports of Iran Increase in spite of US Sanctions
Iran's crude oil exports reached 2.7 million barrels a day while the United States withdrew from the Iranian nuclear agreement and re-imposed sanctions.
The Yuan is On Track to Become a Global Currency
The Chinese government makes large efforts to boost his currency as a global currency. After the repression of capital outflows and the devaluation in 2015, the renminbi is growing again.
Société Générale fined $860 Million
The French bank will pay more than 860 million dollars in fines for corruption of Libyan officials and manipulation of a reference rate.
Deutsche Bank Faces Another Challenge
The famous bank will face another challenge when the Federal Reserve publishes the first results of the "stress test" on its U.S. operations.
Inflationary tariffs will Support Physical Gold
The world relationship trade are not better despit the break in trade war, but the result for gold investors could be very profitable.
US sanctions against European companies supporting the Russian gas Project
The American government wants to instroduce sanctions against firms involved in the building of the Nord Stream 2 pipeline, which will supply Russian natural gas to the European Union across the Baltic Sea.
Oil leaders are Leaving Iran
The Major oil producers are fleeing Iran because of US sanction fears.
US sanctions on Iran make Russia Stronger
Russia will win against there European trade rivals thanks to The US sanctions on Iran.
The trigger for the next global debt could be the rising Dollar
Governments that have issued debt that’s denominated in dollars could have serious problems if the U.S. currency continues to rise.
Italy could put an end to the common currency in Europe
If the Italian government leaves the euro, it could be the end of the common currency.