Will China Take Down the Petrodollar?

Daily Standup Top Stories China may be About to Unveil a New Global Currency: Dollar Dominance Challenged, Global Trade Reshaped September 3, 2025 Clark Savage In the ever-evolving landscape of global finance, whispers from Beijing suggest that China may be on the cusp of a groundbreaking move: unveiling a new initiative that could position the yuan […]

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Did Fed Chair Jerome Powell Buy Oil Stocks?

Daily Standup Top Stories What Does Powell’s Comments in Jackson Hole Mean to the Oil and Gas Markets and Investors? August 23, 2025 Clark Savage Federal Reserve Chair Jerome Powell’s annual address at the Jackson Hole Economic Symposium is always a pivotal moment for global markets, and his 2025 speech, delivered on August 22, was no […]

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President Trump\’s Tariffs and Sanctions on India Will Do More Damage to the U.S. Dollar in a Boomerang

In a bold move echoing his first-term trade policies, President Donald Trump has imposed tariffs and sanctions on India, targeting its massive imports of Russian crude oil. These measures, including a 25% tariff on certain Indian imports tied to Russian energy purchases, aim to curb India\’s role in circumventing Western sanctions on Russia amid the […]

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Trump to Hold Off Hiking China Tariffs Over Russia Oil Purchases – Straight to Peace Treaty

In a surprising turn following the high-stakes Alaska summit between U.S. President Donald Trump and Russian President Vladimir Putin, Trump announced he would delay hiking tariffs on Chinese goods. This decision stems directly from China\’s ongoing purchases of Russian oil, which Trump linked to progress made in discussions aimed at ending the war in Ukraine. […]

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