Mar 19 2025
High-risk assets such as tech stocks and crypto have been selling off heavily over the past month or so as Donald Trump’s trade war escalates. However, this could all be part of a “short term pain” masterplan in a strategy that aims to lower inflation and refinance around $9 trillion of US debt by allowing …
Apr 03 2024
The U.S. blacklisted 10 members of his government and their spouses under the the Global Magnitsky Program for corrupt practices. The new measures replace an older set of sanctions against the Southern African state, which the Biden administration felt were too harmful to the Zimbabwe economy. “The United States remains deeply concerned about democratic backsliding, …
Mar 15 2024
Alberto Pimentel Mata was Guatemala’s Minister of Energy and Mining from January 2020 until his resignation in July 2023. U.S. authorities say he engaged in numerous corruption schemes and accepted large bribes on a monthly basis during his tenure. “The United States remains committed to holding accountable those who abuse their positions in pursuit of …
Mar 07 2024
Robert Kiyosaki, renowned for his book “Rich Dad Poor Dad,” is gaining attention for his strong endorsement of Bitcoin (BTC) The author positions Bitcoin as a key defense against what he perceives as systematic wealth erosion orchestrated by institutions such as the Federal Reserve, Treasury, and Wall Street bankers. He commended Bitcoin’s role as a …
Mar 04 2024
Allianz chief economic advisor Mohamed El-Erian says the Treasury market has lost its economic, policy, and technical ‘anchors’ The economist expects the market supply of treasuries to continue rising as the government issues more debt, and as the Federal Reserve remains a net seller of such debt. “The question mark is: who is gonna buy?” …
Feb 07 2024
The Treasury and IRS have announced an extension of two weeks for the comment period on its proposed crypto reporting regulations. The final date for feedback has been extended to mid-November in response to the rule’s significant public interest since its August announcement. The proposed regulations focus on defining “brokers” in the crypto industry, including …
Mar 13 2023
The U.S. Department of the Treasury announced Wednesday that it hadthree entities and two individuals for illicitly generating revenue in support of the North Korean government. Chilsong, which reports directly to the Supreme Leader Kim Jong-un’s regime, accumulates foreign currency, collects intelligence, and provides cover statuses for intelligence operatives, authorities said. Paekho, also a subordinate …