Economy
Could US Big Tech Crowding Out Europe’s Bond Market?
U.S. technology giants are increasingly turning to European bond markets to finance their massive AI and data centre investments. The shift is raising concerns...
How Two EU Vetoes Are Quietly Handing Russia a Win in the Sanctions War
TODAY'S NUMBERS
$4,334 (gold, per ounce, near record) · $200bn (Russian reserves frozen at Euroclear) · Sept. 15 (deadline for the EU's Russia sanctions list...
Iran, Oil and a Hawkish Fed: Why the Dollar Is Winning the Week and Losing the Decade
TODAY'S NUMBERS 99.73 Dollar Index (DXY) · 4.81% US 10-year Treasury yield · $4,304 Gold, per ounce All three are rising together — the...
Why Are Global Bond Markets Selling Off?
Government bond markets across major economies are facing a broad selloff as investors worry about persistent inflation, higher interest rates and growing government debt....
Is BRICS Really Ditching the Dollar? What the Data Shows
BRICS de-dollarization is real but narrow: it is happening bilaterally, mostly under Russia and Iran's sanctions duress, while the instruments meant to make it...
Beijing’s Currency Playbook: Cap the Yuan, Buy the Gold, Build the Pipes Around the Dollar
TODAY’S NUMBERS 6.7828 (Monday’s PBOC yuan fix, near-flat) · 21 (months of PBOC gold buying, a record) · <3% (yuan’s share of SWIFT payments,...
Rare Earth’s New Middlemen: Why Indonesia, Kazakhstan, Vietnam and Morocco Can’t Escape Dependency
On 1 July, China's Ministry of Commerce quietly turned rare earth export control from paperwork into something closer to a criminal exposure. MOFCOM Announcement...
Trump’s Economic D-Day Threatens Everyone Except China
On Truth Social, Donald Trump announced what he called the most crushing economic operation the United States had ever mounted, promising Iran "economic warfare...
Nauru Built the Only Door Into Deep-Sea Mining — Washington Just Opened a Second One
On 19 November, the United States plans to auction two seabed blocks off American Samoa — more than 31 million acres combined — for...
Is the G20 Becoming a Bilateral Summit With Extra Chairs?
The G20 was cartographed because the world economy had become too interconnected to be managed by a handful of powerful states. In 2026, that...