“From a market structure perspective, this looks very much like a classic '#TACO' dynamic with Trump signaling escalation, then stepping back when faced with the economic consequences,” wrote Daniela Hathorn, senior market analyst at Capital.com.

https://finance.yahoo.com/news/trump-pays-attention-to-the-stock-market-wall-street-eyes-signs-of-taco-amid-iran-war-140048438.html
#USPolitics #Affordability #InternationalPolitics #TrumpWar

Trump 'pays attention to the stock market': Wall Street eyes signs of TACO amid Iran war

Wall Street sees Trump TACO moments unfolding, but wonders whether the war with Iran can end quickly enough to avoid economic damage from surging oil prices

Yahoo Finance
"If oil trades [through the Straits of Hormuz]...are settled in #Chinese yuan rather than US dollars, how will it impact geopolitics? At present, about 80% of global oil trade is reportedly settled in US dollars. The potential shift would weaken the dominance of petrodollar...perhaps move to a system of multicurrency ...with China's importance in the geopolitical order being intensified." Economic Times Read more at:
https://economictimes.indiatimes.com/markets/forex/irans-yuan-push-for-oil-trade-signals-fresh-challenge-to-dollar-dominance/articleshow/129668467.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
#Affordability #InternationalPolitics #TrumpWar
Iran’s yuan push for oil trade signals fresh challenge to dollar dominance

Iran is reportedly considering demanding Chinese yuan for oil shipments through the Strait of Hormuz, a move that could challenge the US dollar's dominance in global energy trade. This potential de-dollarization strategy aims to bypass sanctions and bolster ties with China, potentially leading to global financial market volatility and impacting India's crude imports.

Economic Times

Just discovered President Alexander Stubb interviewed on the Rest is Politics Podcast: nice hearing three smart people talking about global politics from my own "home" perspective.

Also interesting to see how much more freely he speaks about his own political career in such a context than if the audience was the Finnish media! 😀🥸

#InternationalPolitics #AlexanderStubb #Finland #RestIsPolitics #RoryStewart #AlistairCampbell

https://youtu.be/2PspnIAnzs4?si=jyekU6wt8YEylVsn

AD FREE: The Problem With Being Prime Minister | President Stubb

YouTube

"Gas Prices At Least $3.27 in Every State, With 3 Above $5
"While the average price has surged everywhere, state-level prices vary widely.
"Drivers in Oklahoma are now seeing the cheapest price at the pump—at $3.27, according to AAA—with the next cheapest states being Kansas, Iowa, and Nebraska. All 50 states have averaged above $3 per gallon since March 11."

Investopedia https://www.yahoo.com/finance/sectors/energy/articles/gas-prices-risen-1-march-212619837.html
#USPolitics #Affordability #InternationalPolitics #TrumpWar

Gas Prices Have Risen $1 in March—See What Drivers in Your State Are Paying Now

The national average hit $3.98 per gallon today. In three states, the average is over $5

Yahoo Finance

'Fox News’ Alexandra Hoff asked White House Press Secretary Karoline Leavitt on Wednesday how the Iran war could be wrapping up amid fresh troop deployments."

Media ITE https://www.yahoo.com/news/articles/fox-reporter-asks-leavitt-war-182543334.html
#InternationalPolitics #TrumpWar

Fox Reporter Asks Leavitt How War Can Be ‘Wrapping Up’ While More Troops Are Being Deployed

Fox News' Alexandra Hoff asked White House Press Secretary Karoline Leavitt on Wednesday how the Iran war could be wrapping up amid fresh troop deployments.

Yahoo News

"Trump on Monday said Defense Secretary Pete #Hegseth was the 'first' of his 'great people' to push for an attack on Iran, igniting debate as to whether the president was setting him up as a scapegoat or complimenting him."

Huff Post https://www.yahoo.com/news/articles/trumps-side-pete-hegseth-ignites-104651906.html
#InternationalPolitics #TrumpWar

Trump's Side Comment To Pete Hegseth Ignites Theories About The Intent

The president made his much-analyzed remark to the defense secretary at an event in Memphis.

Yahoo News

The question remains for many years (and on and on),
Why elected a moron (again) as a president to harm yourself and entertaining the whole world till the anger has being transformed to the rest of world after the wake from your trauma ?

#InternationalPolitics #Politics #NewEra #ConmanShow #WarOnResource #Humanity