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Showing posts with the label china

De-Dollarization 2025: For the First Time, Global Capital Not Flowing Into the US

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De-dollarization in 2025 is rapidly advancing as the global flow of capital is not flowing into the US economy. China and several other developing countries are offloading US bonds and treasuries and replacing them with gold. While China, Russia, Brazil, South Africa, and India were the usual preparators, European nation Poland has also joined the league. Just recently, Poland purchased 16 tonnes of gold to diversify its assets in the central bank reserves. The accumulation beat China in terms of volume for April making it the biggest purchase of the month. Also Read: De-Dollarization: EU at Risk of U.S. Financial Coercion, ECB Pushes Digital Euro In addition, Reuters reported that global funds through equities, bonds, and US Treasuries are declining as trade wars loom. A portion of global capital from institutional funds and retail investors is now moving toward other countries, currencies, and bonds. This is for the first time that demand for US financial assets is declining as de-do...

Trump’s 2025 Trade War Isolates the US From 15 Allies

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Trump’s trade war has definitely taken a dramatic turn in early 2025, with sweeping tariffs now targeting not just China but also 15 key trade partners. This rather aggressive approach has essentially isolated America while creating new opportunities for Chinese economic influence in the global marketplace. Also Read: If Bitcoin Reclaims Its All-Time High, Here’s What $1,500 Could Be Worth How Trump’s 2025 Tariffs Sparked a Global Trade War Shift Source: The New York Times On April 2nd, Trump imposed tariffs on America’s 15 most reliable trade partners, dubbing them the “dirty 15.” This trade war move has fundamentally altered global commerce dynamics and caused significant disruption in international markets. The Dirty 15: America’s Former Allies The countries affected by these tariffs include China, Mexico, Vietnam, Ireland, Germany, Taiwan, Japan, South Korea, Canada, India, Thailand, Italy, Switzerland, Malaysia, and Indonesia. These nations repre...

US Inflation Drops to 2.4% in March 2025

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The US inflation figures posted in March 2025 show a decline to 2.4% from the values of February’s 2.8%, reaching the lowest point since October. This drop comes as energy prices continue to fall, yet some tariff concerns are definitely looming over the US economy forecast for what remains of the year. BREAKING: US inflation falls to 2.4%, lower than expectations. — Watcher.Guru (@WatcherGuru) April 10, 2025 Also Read: Trump Open to Talks With China—Hours After 125% Tariff How Will Inflation Impact the Economy in 2025? Source: The Spectator What’s Behind the March Inflation Drop? The US inflation decrease in March 2025 is mainly caused by some dreaded energy price declines, according to the latest data. Monthly CPI rose just 0.1%, which is actually the smallest increase we’ve seen in eight months. Also, core inflation, which excludes food and energy components, has slowed to 3.0%, its lowest level since April 2021. However, underlying pressures continue in food and so...

Fake tariff headlines temporarily rally market, then crash continues

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The market destruction caused by Donald Trump’s recent economic measures was temporarily lessened when various X accounts and news networks jumped on an apparently fake headline about a 90-day pause in tariffs. Various headlines claimed that National Economic Council Advisor Kevin Hassett said Trump was considering a 90-day pause in tariffs — except for on China. However, the information wasn’t true, and the White House eventually described the claim to CNBC as “ fake news .” Where did the story come from? “Walter Bloomberg,” the pseudonymous X user who uses the handle @DeItaone, was one of the major accounts who posted this claim, stating it was originally sourced from Reuters. Strangely, Reuters public reporting seems to reference a CNBC chyron.  Some who were watching CNBC, however, claim that the hosts were confused by the apparent news, and it didn’t seem to come from its reporting. CNBC was able to reach...

3 Countries Demand an Immediate End to US Sanctions

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The US pressed sanctions on Iran and Russia severely affecting the economies of both countries. China has been their ally and regularly initiates trade deals to keep their economy afloat. From procuring oil to natural resources and minerals, the Communist country has provided a steady source of business worth billions. However, the sanctions are making it harder for Iran and Russia to lift their economies and their GDP is affected. Also Read: Jim Cramer Called XRP a Con, Here’s What a $1,000 Bet Then Is Worth Today US Sanctions Must End: Demands China, Russia, and Iran Source: cspforum China, Russia, and Iran held a trilateral meeting in Beijing and called for an end to US sanctions on Tehran. They called the White House’s order “illegal, unilateral sanctions” that have no place in modern times. “We conducted in-depth exchanges of views on the nuclear issue and the lifting of sanctions. We emphasized the necessity of ending all illegal unilateral sanctions,...

ASEAN Secretly Prepared For Trump USD Tariff Move: Here's How

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ASEAN nations have long been preparing to abandon the US dollar. The alliance, which encompasses ten nations, has lately stressed intracultural unity to bolster its collective strength. With Trump’s latest announcement concerning laying tariffs on countries moving away from the dollar, perhaps the clue of the move was already in the air for ASEAN nations to sense in the long haul. Here’s how. Also Read: ChatGPT Predicts How Will Shiba Inu (SHIB) Reach $0.01 & $1 ASEAN Possible Counter Plan Source: orfonline.org ASEAN nations have always been called strong, resilient nations, a bloc capable of developing groundbreaking alternatives and solutions. The bloc can successfully be labeled as visionary, as it has always propagated the idea of multipolar currencies or bolstering local currencies on a global scale. Within the multipolar narrative, several ASEAN nations revealed their intentions to deploy trade in local currencies to help their local money gain worldwide momentum. The ...

BRICS Settle 78% Oil Trade in Local Currencies, Ditch the US Dollar

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Russia has sold nearly 78% of oil exports to its BRICS counterparts China and India between 2022 to 2023. The majority of the oil deals were settled in local currencies and not the US dollar between the three nations. The oil deals gained steam after the White House pressed sanctions on Russia’s economy in February 2022 for invading Ukraine. Also Read: BRICS Pay: Exclusive Video of New Payment System Released BRICS members China and India helped Russia to bypass the US sanctions by purchasing their crude oil at discounted rates. Russia sold millions of barrels of oil to China and India for two years at cheaper prices than the existing market prices. India saved close to $7 billion in exchange rates by paying local currencies to Russia and not the US dollar. Also Read: 35 New Countries To Abandon US Dollar at 2024 BRICS Summit BRICS: 78% Oil Trade Paid in Local Currencies, Not US Dollar Source: energyintel.com / Michal Bednarek / Shutterstock On the other hand, China paid the Chine...

China’s Underwhelming Economic Stimulus May Drive Investors Back Into Crypto, QCP Capital Says

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The Chinese government’s failure to introduce more economic stimulus at its latest briefing today could lead to investors returning to the crypto market, QCP Capital said. “The rally in Chinese stocks fizzled following their week-long holiday as a government briefing failed to introduce new economic stimulus,” QCP said in an Oct. 8 post. “ As the Chinese rally wanes, we anticipate capital reallocation back into crypto.” The investment firm added that it maintains a “medium-term optimistic stance” towards the crypto market and predicted that US election headlines will continue “driving crypto movement.” Chinese Stocks Tumble Due To Lack Of Economic Stimulus Updates Chinese investors anticipated that the National Development and Reform Commission (NDRC) would outline additional stimulus measures in a briefing today following the Chinese Golden Week holiday.  But with no new stimulus plans unveiled and the perception of a la...

Russian companies using USDT to evade UK and US sanctions, report

Two major Russia n companies are using Tether (USDT) and other cryptocurrencies to settle cross-border transactions in China as sanctions tighten, Bloomberg reports. Executives from two top commodities trading firms producing metal in Russia told Bloomberg, on the condition of anonymity, that USDT is used in some of these transactions when dealing with mostly Chinese clients and suppliers. Sanctions imposed on Russia following the Ukraine war have made it harder for commodities firms, such as those trading steel and timber, to receive payments. In April 2024 the London Metal Exchange and Chicago Mercantile Exchange were banned from accepting metal exports from Russia following UK and US sanctions.   CEO of stablecoin infrastructure firm Reslov Labs, Ivan Kozlov, told Bloomberg, “In countries that are facing dollar liquidity issues and capital controls, cross-border settlements through cryptocurrencies and, specifically, dollar-linked stablecoins, are a relatively commo...

BRICS: China Dumps $74 Billion in US Treasuries

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BRICS member China is dumping billions worth of US treasuries as the Communist nation is looking to abandon the dollar. The US Treasury Department published the latest data that shows China offloading nearly $74 billion in treasuries in 2023 alone. The development adds pressure on the economy at a time when BRICS aims to end reliance on the US dollar.  Also Read: Trump Unveils Plan To Crush BRICS , Boost US Dollar Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade. China decreased its US Treasury holdings from $849 billion to $775 billion between Q2 of 2023 to Q2 of 2024. Therefore, BRICS country China dumped a staggering $74 billion in US treasuries in the last 12 months. It has now reached its lowest holdings since 2009 at the time BRICS  was formed. Also Read: BRICS Conducts $260 Billion Worth Trade Without the US Dollar China & Other BRICS Countries Dumping US Treasuries Source: AFP Apart from China. other ...

BRICS: $2 Billion Copper Trade To Be Paid In Chinese Yuan, Not US Dollar

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BRICS member China is convincing African nations to ditch the US dollar and trade in the Chinese Yuan for cross-border transactions. The Bank of China’s office in Zambia is pushing to increase trade in the Chinese Yuan in Southern Africa. Zambia is Africa’s second-largest producer of copper and China is the world’s biggest consumer of copper. Therefore, BRICS member China is looking to capitalize on international copper trade by making Zambia accept the Chinese Yuan and ditch the US dollar. Also Read: BRICS: China Dumps US Dollars For 3 Days Straight Zambia exports both raw and refined copper to China and the cross-border trade is worth $2 billion every year. The African country exports $1.64 billion worth of raw copper and also sends refined copper worth $340 million to China. As a whole, copper constitutes 70% of Zambia’s foreign export earnings and plays an important role in the GDP growth. BRICS country China is pushing the de-dollarization narrati...

Why the arrest of Multichain's CEO shouldn’t come as a surprise

Last month, Multichain chief exec Zhao Jun was detained and ultimately arrested by Chinese law enforcement. His team avoided admitting to the dire straits for as long as they could, but eventually conceded that the man who basically controlled the DeFi protocol was in the hands of the Chinese authorities. Given the ‘decentralized’ protocol’s highly centralized nature, fellow executives have decided to shut down Multichain . But while many industry insiders were shocked by this turn of events, they shouldn’ t have been:  it’s all happened before . Laundering, evasion, and overconfidence Back in 2018, one of the biggest names in Crypto currency in China was Zhao Dong, a Bitfinex shareholder, founder of the VC fund D Fund, and owner of a Crypto currency exchange called RenRenBit. From time to time, the wealthy executive had run-ins with foreign law enforcement, but there was no reason to foresee problems for Dong or his slew of high-profile investments — which i...

Was FTX funded by Chinese capital flight?

While the media focuses on the ongoing fallout of FTX and Alameda Research, what’s still curious and murky is how the two firms actually made money. Is it possible that Chinese capital flight helped fund the American-made cryptocurrency ‘saviour?’ Rumors suggest that Sam Bankman-Fried (SBF) had taken advantage of the ‘Kimchi Arbitrage’ and the Japanese arbitrage — the discrepancy between the price of cryptocurrencies in Korea or Japan with the prices of cryptocurrencies in the US, which meant buying in whichever country presented a discount and selling in the country presenting a premium. While there absolutely was an arbitrage play during Alameda’s startup period, the idea that SBF — a twenty-something fresh off the heels of a stint at Jane Street — could make it work and sustain it, while billionaires and giant funds couldn’t, seems unlikely. Risky loans for cash-strapped startup Leading figures in the Effective Altruist movement SBF and Tara Mac Aul...

BRICS: China To Build $58 Billion Railroad to Pakistan, Reduce Dependency on West

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BRICS nation China is planning to build a rail link to Pakistan and reduce reliance on the West for international trade. The railroad would start from the Chinese city of Kashgar and end at Pakistan ’s port of Gwadar. The railway initiative between the two trading partners costs $57.7 billion and China aims to move ahead with the decision despite the hefty price tag, reported the South China Morning Post. JUST IN: China plans to create a $58 billion railway system connecting Pakistan and China to reduce Western trade dependence. — Watcher.Guru (@WatcherGuru) April 28, 2023 The Chinese media outlet reported that many other train systems could connect China to Turkey and Iran moving forward. China, the world’s largest manufacturer of goods, is bypassing the U.S. dollar dominance by improving and promoting the Chinese Yuan’s utility. If the development goes through, it would open direct access for China to trade with other Asian countries. Also Read: If BRICS Expands, ...