Tag Archives: International

International trade deficit surges to highest in a decade 

The U.S. trade deficit jumped to a 10-year high in October as soybean exports continued to fall and imports of consumer goods rose to a record high, suggesting the Trump administration’s tariff-related measures to shrink the trade gap likely have been ineffective. The Commerce Department said on Thursday the trade deficit increased 1.7 percent to $55.5 billion, the highest level ...

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International Currency Exchange Runs Out Of Turkish Lira

There is a silver lining to the recent collapse in the Turkish Lira: it makes the country’s crashing lira-denominated prices especially attractive to tourists as the International Currency Exchange (ICE) found out today, when it said that it had run out of Turkish lira on Tuesday, after a surge in demand as an unprecedented number of Britons travel to Turkey ...

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Trump Appointed EBRD Director Has A Golden Idea For A New International Monetary System

Many are suggesting now may be the time for a new monetary system, including this Trump appointed gold standard advocate. Here’s more… Dr. Judy Shelton is the US Executive Director for the European Bank for Reconstruction and Development. She accepted the nomination for this position after a number of years as Chairman of the National Endowment for Democracy and Senior Fellow at the Atlas Network.    ...

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