Gold Silver Reports (GSR) – ⭐⭐⭐⭐⭐ India’s Banking Bog Needs a Private Road to Salvation — India’s unreformed banking system needs a massive privatization drive. The sooner this dawns on authorities, the better for taxpayers, investors and borrowers.
Global Economic
Global Economic – The global economy is the worldwide system of trade, production, and finance that connects countries. It involves the exchange of goods, services, and money across borders, driven by businesses, governments, and consumers. This system shapes jobs, wealth, and growth everywhere.
China Banking Crisis Warning Signal Still Flashing, BIS Says
Gold Silver Reports (GSR) – China, Canada and Hong Kong are among the economies most at risk of a banking crisis, according to earlywarning indicatorscompiled by the Bank for International Settlements.
Trade War Pain for Asian Currencies to Shine Light on Deficits
Gold Silver Reports – Trade War Pain for Asian Currencies to Shine Light on Deficits – The current-account deficit is making a comeback as a reason to sell some Asian currencies, according to Credit Suisse Group AG.
Stocks Struggle as U.S. Jobs Data Loom; Bonds Fall
Gold Silver Reports – A lull settled over European stocks before key jobs data in the U.S., where announcements of exceptions to import tariffs and surprise talks with North Korea have traders weighing the outlook for a range of assets. The dollar was steady and Treasuries declined along with euro-area bonds.
Trump’s Historic Bet on Kim Summit Shatters Decades of Orthodoxy
Gold Silver Reports (GSR) – Donald Trump took the biggest gamble of his presidency on Thursday, breaking decades of U.S. diplomatic orthodoxy by accepting an invitation to meet with North Korean leader Kim Jong Un.
Trump Says Cohn Might Return Someday to His Administration
Gold Silver Reports – President Donald Trump said Gary Cohn might return to his administration some day even as he teased the departing economic adviser for being weak on tariffs.
Protect & Build our Steel and Aluminum Industries
Looking forward to 3:30 P.M. meeting today at the White House. We have to protect & build our Steel and Aluminum Industries while at the same …