Iran is in a tough spot. It's not doing anything groundbreaking, but it's managing to stay afloat. How? By using three main strategies: sneaky money moves, secret oil deals, and backing groups in other countries. China and Russia are big players in Iran's survival game. China buys Iran's oil, even
The U. S. government has recently updated its list of crucial minerals, now including copper and metallurgical coal. This move is part of a broader plan to strengthen the country's economy and security by reducing dependence on foreign imports, especially from China. Copper is a big deal. It's used
In a recent turn of events, Canadian Prime Minister Mark Carney revealed that he had advised Ontario Premier Doug Ford against airing a controversial anti-tariff advertisement in the U. S. This ad, which referenced a speech by former U. S. President Ronald Reagan, apparently ruffled the feathers of
Germany's relationship with China is at a crossroads. A top official from the Social Democrats, part of the ruling coalition, has suggested it's time to rethink how Germany handles its ties with China. This comes after a recent diplomatic hiccup: the foreign minister's planned visit to Beijing was c
Trade tensions between the U. S. and Canada have reached a boiling point. It all started when Ontario, a province in Canada, ran an ad featuring former President Ronald Reagan. The ad talked about how tariffs are bad for trade. This didn't sit well with President Trump. He thought the ad misrepresen
South Korea and the United States are in talks about a huge investment deal. The focus is on how to structure a $350 billion investment pledge from South Korea. This is different from earlier talks about a currency swap. The finance minister of South Korea, Koo Yun Cheol, said that the U. S. Treasu
China’s economic power is reshaping the U. S. job market and economy. Both the Trump and Biden administrations have struggled to keep up, leading to job losses and closed factories in the U. S. China isn’t just aiming for economic wins; it wants to be the world’s top power. History shows us that cou
China recently did something unusual. They sold $2 billion worth of bonds in Saudi Arabia. These bonds are special because they’re paid back in U. S. dollars. This seems like a simple financial move, but analysts think there might be more to it. First, let’s talk about interest rates. China got rat
