Dollar Surges Against the Euro and Sterling
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Dollar slides as Trump shies away from immediate trade tariffs
Euro, sterling and Canadian currencies rally sharply against greenbackFinancial Times - Jan. 20 -
Use of "aphrodisiac honey" is surging, customs officials warn
A record amount of illegally imported honey touted as a sexual enhancement -- but often tainted with erectile dysfunction drugs -- was seized in France last year.CBS News - Jan. 20 -
The strong dollar conundrum facing the Trump administration
The U.S. dollar is expected to strengthen in 2025 due to the Trump administration's preference for a weaker dollar, but this could lead to high inflation and global economic turmoil.The Hill - Jan. 19 -
Speaker Johnson: No better ‘dollar-for-dollar investment’ than Trump’s mass deportation plan
Speaker Mike Johnson (R-La.) exclusively joins Meet the Press to voice support for President-elect Trump’s immigration plans despite concern over the cost.NBC News - Jan. 19 -
Severance spending at top UK universities surges
FT analysis shows drop-off in overseas enrolments pushed redundancy payouts up by more than a fifth in 2024Financial Times - Jan. 19 -
The consensus on a strong dollar may be too complacent
There are at least three reasons why the greenback might not follow the script currently signalled by marketsFinancial Times - Jan. 19 -
Why the gold boom is causing a surge in illegal mining
Gold exports from Africa more than doubled between 2012 and 2022 from 243 metric tons to 609 metric tons.CNBC - Jan. 18 -
How President Trump and the dollar might affect your investment portfolio
Also: Value stocks, the start of earnings season, retirement planning for people of all ages and a new development in the space race.MarketWatch - Jan. 18 -
Pakistan’s bet on Taliban backfires as violence surges
Islamabad had deadliest year in almost a decade following rise in terror attacksFinancial Times - Jan. 17 -
Canada Readies Billions of Dollars in Retaliatory Moves to Trump Tariff Threat
The government is preparing for the possibility that the incoming U.S. administration will impose high tariffs on Canadian goods, setting the close allies up for a showdown.The New York Times - Jan. 16 -
The ‘grossly overvalued’ American dollar
Their currency, our problemFinancial Times - Jan. 16 -
Billion-dollar video game: is this the most expensive piece of entertainment ever made?
How player-funded development launched a multiplayer game of galactic proportions – and costs – in Star Citizen. How much does it cost to make a video game? The development expenses of blockbuster ...The Guardian - Jan. 16 -
The alarming contradictions awaiting Donald Trump’s dollar
Big tax cuts and tariff hikes will prevent any new Plaza Accord to manage currenciesFinancial Times - Jan. 16 -
GM Signs Multibillion-Dollar Deal for Supply of EV Battery Materials
The deal, with Norway’s Vianode, is for delivery of a material critical for electric-vehicle batteries.The Wall Street Journal - Jan. 15 -
SGS, Bureau Veritas in Talks for Potential Multibillion-Dollar Tie-Up
The Swiss and French companies are in talks about a combination that would create a giant in Europe’s inspection, certification, and testing services industry, with a combined market value of some ...The Wall Street Journal - Jan. 15 -
NFL betting: Ravens are road favorites against Bills after surge of early money
Buffalo has never been a home underdog in a playoff game.Yahoo Sports - Jan. 14 -
Inside the Multimillion-Dollar Recruitment of a College Football Star
Miami wasn’t excited about any quarterback in the transfer portal. Then Carson Beck entered.The New York Times - Jan. 13 -
Dementia Cases in the U.S. Will Surge in the Coming Decades, Researchers Say
By 2060, new dementia cases per year could double to one million because of the growing population of older Americans, a study predicts.The New York Times - Jan. 13 -
FirstFT: Dollar hits 2-year high as interest rate assumptions change
Also in today’s newsletter, China’s trade surplus reached a new record and the reinvention of El SalvadorFinancial Times - Jan. 13 -
Can Chloe Kelly get the minutes at Man City to make England’s Euro 2025 team?
It was iconic image of the 2022 European Championship: Chloe Kelly stripping off her shirt and wheeling it above her head, white sports bra on show. The Manchester City winger had just scored the ...Yahoo Sports - Jan. 13 -
AI set to fuel surge in new US gas power plants
Climate targets in peril as Big Tech turns to fossil fuels to feed energy demandFinancial Times - Jan. 13 -
Malaysia expects surge of Chinese investment, economy minister says
Rafizi Ramli suggests semiconductor and tech sectors are seeking to avoid exposure to possible Trump tariffsFinancial Times - Jan. 12 -
Mortgage rates were expected to fall, but they’re surging. There’s a reason for that.
Rates were supposed to go down — but a strong U.S. economy is getting in the way.MarketWatch - Jan. 11 -
The strange world of the Euro-Gulf
The entwinement of Europe and the Arabian peninsula is ever tighter, and ever more improbableFinancial Times - Jan. 11 -
Dollar dominance means tariffs are not the only game in town
America’s grip on global financial services could provide Trump with another source of leverageFinancial Times - Jan. 10 -
Loss estimates, including health effects and rebuilding costs, surge.
As fires raged, the economic toll of the disaster climbed into the tens of billions of dollars, according to analyst estimates.The New York Times - Jan. 9 -
New York City’s Economy Surged in 2024. A Trump Shake-Up Looms.
The city has made up much of the ground it lost amid the coronavirus pandemic. Donald J. Trump’s return to the White House could upend that recovery.The New York Times - Jan. 9 -
The sterling sell-off will continue until morale improves
Ground poundFinancial Times - Jan. 9 -
U.S. companies will need to increase their hedges against a stronger dollar in 2025, says Bank of America
A surging buck can crimp multinational’s profitsMarketWatch - Jan. 9 -
A plunging pound with surging U.K. yields suggest the bond vigilantes are lurking
A plunging pound and a surge in U.K. government borrowing costs to their highest since the great financial crisis serve as a warning to the U.S. and other countries that the bond vigilantes are ...MarketWatch - Jan. 9 -
U.S. Efforts to Cut Emissions Stalled in 2024 as Power Demand Surged
After staying flat for nearly two decades, electricity use is starting to rise again, and the boom in wind and solar power hasn’t kept pace.The New York Times - Jan. 9 -
Asia's central banks face a formidable challenge: An ascendant U.S. dollar
A surge in the dollar has sent Asian currencies reeling, stoking worries over imported inflation and prompting some central banks to intervene in the currency market.CNBC - Jan. 9 -
UK watchdog bans adverts featuring burning dollars
Posters from Islamic finance start-up Wahed Invest likely to cause ‘serious offence’, rules ASAFinancial Times - Jan. 8 -
India confirms first HMPV cases amid surge in China
India confirmed its first cases of human metapneumovirus (HMPV) infections in children, with a total of seven cases reported as of Tuesday. The cases were reported in Bengaluru, Nagpur, Tamil Nadu ...The Hill - Jan. 7 -
As Trump Praises Meta Decision, Tech Watchdogs Warn of Surge in Disinformation
While Republicans praised the move, some groups cautioned that effectively ending Meta’s fact-checking program would also lead to more conspiracy theories.The New York Times - Jan. 7 -
Euro zone inflation rose to 2.4% in December, meeting expectations
Economists polled by Reuters forecast a reading of 2.4%, up from 2.2% in November.CNBC - Jan. 7 -
North Sea storm surge brings German ferry services to a halt
Yahoo News - Jan. 7 -
Nvidia chief calls robots ‘multitrillion-dollar’ opportunity
Jensen Huang unveils AI models for humanoids and self-driving car partnership with Toyota at CES keynoteFinancial Times - Jan. 7
