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The gold market experienced a downturn on Monday, December 2, 2024, as the U.S. dollar got strength. This shift followed Donald Trump's weekend declaration about the Brics nations.The former president's words caused a stir in the monetary world. Trump declared his intent to impose a 100% tariff on Brics nations. He intends to prevent them f
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Read more: Gold Prices Dip as Trump's Brics Threat Strengthens Dollar
Write comment (93 Comments)On December 2, 2024, the US dollar completed the day R$ 6.065, marking its greatest closing level against the Brazilian real considering that 1994. This turning point reflects a complex interaction of domestic fiscal policies and global economic pressures. The Brazilian federal government's current fiscal bundle has actually stirred considerable market reactions.President
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Read more: [Brazil] - Brazil's Currency Crisis: Dollar Reaches Highest Level Since 1994 Reform
Write comment (96 Comments)As December begins, oil costs stay steady, reflecting an intricate interaction of geopolitical tensions and financial factors.The international standard, Brent crude, closed at $71.83 per barrel, while West Texas Intermediate (WTI) settled at $68.10 per barrel. These figures highlight the marketplace's careful position amid continuous worldwide uncertainties.The
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Read more: Oil Prices Steady as Dollar Strengthens and OPEC+ Meeting Looms
Write comment (100 Comments)The worldwide semiconductor industry reaches a crucial point as the U.S. broadens its trade blocklist to include 140 Chinese firms. This move marks the third substantial wave of restrictions focused on China's tech sector. The decision magnifies the ongoing technological competition between the world's two largest economies.This December 2024 decision
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Read more: U.S. Blocks 140 Chinese Tech Firms in Third Major Chip Export Ban
Write comment (95 Comments)Morocco's fishing industry deals with a substantial shift following a recent European Court of Justice judgment. The court's choice on October 4, 2024, invalidated EU-Morocco trade deals, requiring European fleets out of Western Sahara waters.In action, Morocco swiftly turned to Russia, extending their fishing agreement until completion of 2024. This move
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Read more: Morocco Turns to Russia After EU Fishing Ban in Western Sahara
Write comment (94 Comments)A fierce fight for Namibia's political future erupted when opposition leader Dr. Panduleni Itula declined the December 2024 election outcomes. His move threatens to end SWAPO's 34-year grip on power since independence.The numbers tell a compelling story. SWAPO's presidential candidate leads with simply 48%-- a sharp drop from their previous 87% vic
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Read more: Power Struggle Rocks Namibia as Opposition Challenges Election
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