US President Donald Trump declared a national emergency over Huawei, which he has deemed a national security threat. His new executive order makes it more difficult for US companies to do business with the Chinese tech giant. RT America's Manila Chan chats with investigative journalist Ben Swann, who says no evidence exists for the Trump administration's claim. Read More
"To bring hundreds of people here every week without providing the necessary resources to house and feed them is inhumane." Continue...Read More
Turkish domestic prices for rebar and wire rod have gone down over the past week with a strengthening of the country's lira, sources said on Thursday May 16.Fastmarkets' weekly price assessment for domestic rebar in Turkey was TRY3,250-3,350 ($538-555) per tonne ex-works on May 16, down from last week's TRY3,330-3,420 per tonne, including 18% VAT.The domestic rebar price in the Izmir region was TR...Read More
President Trump has declared he will extend tariffs of 25% on all America's imports of Chinese goods. China is responding with tariff increases of its own. The consequences of Continue...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
It's no secret that the average worker's income has remained stagnant for decades. This has happened in the face of rising productivity and technological innovation and increased corporate profits. So what's a politician to do? Impose tariffs and blame the Chinese. At least that's what Danielle is thinking. At the same time, the economy could very well be headed for a slow down. How convenient, bl...Read More
There is always an ongoing conversation about the next financial crisis in terms of what will bring it on and how it will all play out in the markets. Most outcomes end up more extreme in nature than they truly turnout.Jordan Roy-Byrne joins me to share his thoughts on how the next market correction and financial crisis will look for investors. We discuss where the debt is concentrated this time a...Read More
Blacks do not score as well on SAT tests as Asians or whites. College administrators "won't let that happen".Continue...Read More
The U.S. War on Drugs continues to have a profound impact on Mexico. Although little reported in America, people are murdered every dayContinue...Read More
"Make your product at home in the USA and there is no Tariff. You can also buy from a non-Tariffed country instead of China. Many companies are leaving China..."Continue...Read More
Although most of the precious metals sector has trended lower in recent months, Gold has held up well. It and the Continue...Read More
Canadian miner Iamgold Corp. is exploring a possible sale of all or part of the company amid a wave of consolidation in the gold sector, according to people familiar with the matter.The Toronto-based miner is working with advisers and has spoken to several potential buyers, said the people, who asked not to be identified because the matter is private.Iamgold's plans could still change and there's...Read More
Turkish rebar export prices have gone down over the past week because of the limited levels of current demand, sources said on Thursday May 16.Fastmarkets' weekly price assessment for rebar exports out of Turkey was $450-460 per tonne fob on an actual weight basis on May 16, down from last week's $460-470 per tonne.The...Read More
British Columbia's mining sector posted positive results for the second straight year in 2018 coming off a period of lower commodity prices and reduced activity, according to PwC Canada's latest BC Mine report.In total, BC miners posted a record high gross revenue of C$12.3 billion, compared with C$11.7 billion in 2017. Capital expenditures also fell to C$1.2 billion from C$1.5 billion.Key contrib...Read More
Azerbaijan's leading gold mining company, Anglo Asian Mining, said on Thursday its gold output rose 22% in 2018 to 72,798 ounces from 59,617 ounces in 2017.London-listed Anglo Asian produces gold at Gedabek and other Azeri mines in a joint venture with the Azeri state in which the company holds 51%.The company said its total production of gold-equivalent ounces (GEO), which includes other metals,...Read More
Social media giant Facebook plans to launch its new cryptocurrency during the first half of this year. Facebook is talking with several digital asset exchanges aboutContinue...Read More
For two weeks in 2006, Australia's news cycle was dominated by the gripping and ultimately successful bid to rescue two men trapped in a collapsed gold mine. The real-life drama also unearthed an unlikely star - Bill Shorten, a union leader who's now poised to become the nation's prime minister."It was an incredible story and he made sure he was heavily involved in it," says Barry Easther, who at...Read More
Zimbabwe's biggest gold producer sued the country's central bank for $132 million because it has been paying for the metal in a local quasi-currency rather than U.S. dollars, highlighting the business sector's dissatisfaction with the nation's financial regime.Metallon Corp., which acquired Lonmin Plc's gold mines in Zimbabwe in 2002, wants an additional $5.8 million because the central bank preve...Read More
Transition Metals (TSXV: XTM) announced this week that it has entered into an option agreement to acquire a 100% interest in the Cryderman gold property located near Shining Tree, Ontario.In order to move forward with the deal, the Sudbury-based firm has to issue $60,000 in cash and $110,000 in shares to the vendor and complete $300,000 in work over a three year period. If the company vests its in...Read More
Swedish state-owned iron-ore producer LKAB is to appoint Markus Pet??j??niemi to the role of senior vice president, where he will lead the newly formed market and technology unit, the company said on Thursday May 16.Pet??j??niemi, who will take up the role on June 1, was previously acting senior vice president and led the technology and process development team, which will now fall under the marke...Read More