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Posts Tagged: “sanctions“
Markets, Watch Out: Russia Threatens Retaliations Against U.S.
“Retaliatory measures will definitely follow,” Kremlin officials promise the U.S. ambassador after a Ukrainian missile strike was allegedly conducted with U.S.-supplied weapons and intelligence.
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Peter Schiff: Sanctions on Russia Could Mean Even Higher Inflation for Americans
President Joe Biden has announced the first round of economic sanctions on Russia as tensions in Ukraine continue to mount. The sanctions came in response to an announcement by Russian President Vladimir Putin recognizing two breakaway republics in Ukraine and his decision to send troops into those regions. Sanctions are meant to punish Russia, but […]
Peter Schiff: We’ve Accelerated the Process of the Dollar’s Demise
Is the US losing its grip on the world? And could the dollar ultimately be dethroned from its spot as the world’s reserve currency? We’ve reported extensively on countries working to undermine dollar hegemony and reduce the United States’ ability to weaponize the dollar as a foreign policy tool, along with the global gold rush on […]
Kyrgyzstan Is Buying Gold to Shield Itself from the Trade War
What do you do if one of your biggest trading partners is embroiled in a trade war and the other faces economic sanctions? Buy gold. That’s exactly what Kyrgyzstan’s central bank is doing.
Trump’s China-Sanctions Madness Imperils the Dollar
Earlier this month, US Treasury Secretary Steven Mnuchin threatened China, saying the US would “put additional sanctions on them and prevent them from accessing the US and international dollar system” if they don’t go along with the most recent round of sanctions slapped on North Korea. We argued that the threat may be meaningful, but it also might […]