economy

"Chip War", the United States' strategic failure!

It is evident that the United States is currently focusing its industrial efforts on chips and new energy, even introducing the CHIPS for America Act specifically for this purpose.The U.S. even aims t...

Jun-19 , 2024

economy

30 billion in gold! Central bank makes a massive purchase, causing a surge in th

01, Central Bank's Major PurchaseIt is well known that gold is a natural currency. However, after the decoupling of the US dollar from gold, most countries' currencies are directly pegged to the US do...

Jun-16 , 2024

economy

"Is Germany going bankrupt? Europe is forced to foot the bill, but the United St

Last month, the Vice President of Germany warned everyone that due to the energy crisis leading to rising government expenditures, if the situation does not improve in the future, the German governmen...

Jun-12 , 2024

economy

Translation in English: 6.5 million tons missing? Mongolia's coal exports, turni

In the past two days, the latest news from Mongolia indicates that the country will increase its coal exports to Japan and South Korea in the future, whereas the vast majority of its coal was previous...

Jun-09 , 2024

economy

Translation in English: The US dollar interest rate hike fails, and the US trade

01, Interest Rate Hike FailureWhat is the purpose of the US dollar interest rate hike?The Federal Reserve claims that in order to control inflation, it is necessary to raise interest rates and maintai...

Jun-05 , 2024

economy

Under the pressure of the US dollar, foreign reserves have been falling consecut

The United States has once again raised interest rates, this time by another 25 basis points. However, our country's foreign exchange reserves have increased, having grown by 150 billion US dollars, e...

Jun-02 , 2024