Biden Offers $7.5 Billion for Samsung SDI-Stellantis Hub

A joint venture between Samsung SDI Co. and Stellantis NV to create battery manufacturing plants in Indiana is being offered $7.5 billion in financing from the Biden administration. The conditional loan to StarPlus Energy LLC would fund as many as two lithium-ion...

Trump Weaponizing Dollar Seen as Needless BRICS Provocation

Comments by Trump suggest lack of confidence in dollar: Setser Greenback accounts for almost 90% of all currency trades: BIS Donald Trump’s fresh pressure on countries around the world to stay anchored to a US-dollar-based financial system is a tactic that risks...

Trump Demands ‘Commitment’ From BRICS on Using US Dollar

Trump has said he wants US dollar to remain reserve currency US president-elect reiterates threat to impose ‘100% tariffs’ US President-elect Donald Trump warned the so-called BRICS nations that he would require commitments that they would not move to create a new...

Trump’s Plans Risk Inflating Bullish Stock Market Into a Bubble

Equities at new records despite inflation, trade wars in play ‘One of my top concerns is extreme bullishness,’ Diton says The new Trump administration is coming in hot, with mass deportations of undocumented immigrants and threats of triggering a global trade...

Brazil Markets Cap Week of Losses After Spending Plan

Real erased Friday drop as Congress heads push for constraint Spending package disappointed, adding to fiscal concerns Brazilian markets wrapped up a turbulent week after a much vaunted plan to cut government spending came in well short of expectations, adding to...