Poland latest to repatriate its bullion from the Bank of England
Poland is repatriating gold from overseas, after it more than doubled its bullion holdings in the past year. Central banks all over the world have...
Posts Tagged: "Economy"
Trump Says US Should Join “Great Currency Manipulation Game” By Devaluing Dollar
President Trump has never been a fan of the strong dollar. And after beating around the bush for...
Prepare For Cost Increases: Americans WARNED Prices Will Jump
The risk of rising prices means lower sales, which could result in layoffs and store closures,” RILA wrote...
Biggest investor in the Russian economy is… the United States
US investment in Russia was 13 times bigger than official numbers show, statistics released by the United Nations Conference on Trade and Development (UNCTAD) have...
Oil just had its worst run since 2008
Oil has entered a bear market as fears of an economic downturn mount. The fundamentals look much tighter...
Ukraine blames EU for bad integration pact, after ousting president who refused to seal the deal
Kiev has endured trade imbalances with most of its European partners, according to the latest data from the...
World’s largest free trade zone to become reality this week
The African Continental Free Trade Area (AfCFTA) will come into force on Thursday. It will be the largest free trade agreement by population that the...
Years of US sanctions have cost Venezuelan economy $130 billion
Over the last few years Venezuela has suffered enormous losses due to the economic blockade introduced by Washington,...
Russia’s gold production sees year-on-year surge of 13%
Gold output in Russia increased by 12.6 percent from January through March this year compared with the same...
Zimbabwe’s economy pronounced ‘DEAD’ & plunge another 20% this year
The spiraling economic meltdown in Zimbabwe is expected to worsen in 2019, partly due to the out-of-control inflation,...
Stanley Black and Decker closing China plant and moving to Texas.
Stanley Black & Decker Inc. SWK, -0.30% said Wednesday it is planning to open a new Craftsman manufacturing plant in Forth Worth, Texas. The groundbreaking on the 426,000...
Dollar Tree to close stores, add alcohol in 2019
Dollar Tree plans to expand freezers and coolers to accommodate more food and beverage products, and also intends...
India follows Russia & China by boosting bullion reserves
The Reserve Bank of India (RBI) is expected to add 1.5 million ounces, or 46.7 tons, of gold...
Gold buying frenzy by global central banks to push bullion prices higher
Gold prices could reach $1,400 per ounce in 2019 due to the US Federal Reserve’s less aggressive stance on interest rates, bullion purchases by central...
US leads to pump $10bn into Venezuela’s economy once Maduro is out
Having strangled Venezuela's economy with its ever expanding sanctions, the US have now volunteered to negotiate a $10...
Hong Kong tops list of priciest housing markets on the planet… again
Hong Kong has kept the crown as the most expensive city to buy property in, while two other...
Five countries with the world’s biggest gold reserves
For 5,000 years, gold has proven its status as the ultimate store of value. Today’s investors rush to buy the precious metal at the faintest...