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Italy has chosen not to join 79 countries in condemning U.S. sanctions on the International Criminal Court (ICC), aligning itself with President Donald Trump’s stance.
This decision marks a divergence from European unity on international justice and comes amid controversy over the release of Libyan warlord Osama Almasri, wanted by the ICC for war
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Read more: Trump’s ICC Sanctions: Italy Breaks Ranks with Other European Nations
Write comment (95 Comments)According to current monetary news, the Mexican peso diminished against the dollar on Friday morning.This decline follows a mixed United States labor report and Mexico's inflation data, which continues to slow down. The peso was up to 20.5605 per dollar, marking a 0.49% decrease from the previous day's close of 20.4612 pesos per dollar.The dollar's strength i
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Read more: Mexican Peso Slides Amid U.S. Labor Report and Local Inflation Data
Write comment (90 Comments)Canadian Prime Minister Justin Trudeau views Donald Trump's hazard to annex Canada as a major problem. Trudeau made these remarks during a closed-door meeting with business leaders in Toronto, stressing that Trump is acutely familiar with Canada's crucial mineral resources.Trudeau recommends that Trump's interest in soaking up Canada originates from its w
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Read more: Trump's Threat to Annex Canada: A Real Concern, Says Trudeau
Write comment (93 Comments)Gold prices surged to an all-time high of $2,909 per ounce on February 7, 2025, before settling at $2,865.36, driven by escalating U.S.-China tariffs, central bank acquisitions, and mixed U.S. labor data.
The metal gained 0.3% on the day, marking its sixth consecutive weekly rise as investors sought safety amid geopolitical turbulence. President
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Read more: Gold Hits Record Before Retracting as Trade Wars and Central Bank Rush Fuel Rally
Write comment (94 Comments)Oil prices rose modestly on Friday, February 7, 2025, as markets reacted to U.S. sanctions targeting Iranian oil exports to China.
However, the gains failed to offset a third consecutive week of losses for crude, reflecting persistent bearish sentiment driven by geopolitical tensions and global economic uncertainty.
West Texas Intermediate (WTI)
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Read more: Oil Prices Edge Higher Amid U.S. Sanctions on Iran but Close Another Bearish Week
Write comment (98 Comments)The Brazilian genuine deteriorated for the 2nd consecutive day, closing at R$ 5.7936 versus the dollar on February 7, 2025, as fiscal uncertainties and U.S. rate of interest forecasts rattled markets.Domestic arguments over broadening the Bolsa FamÃlia well-being program hit international trade tensions spurred by previous U.S. President Donald Trump's pl
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