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The ‘Nixon Shock’ Might Help Us Make Sense Of The Trump One | ZeroHedge

Post author:bitcointalk
Post published:14.04.2025
Post category:ECONOMICS
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Submitted by Huw van Steenis via the Financial Times,

The author is vice-chair at Oliver Wyman and former global head of banks and diversified financials research at Morgan Stanley

What will the longer-term financial consequences of Trump’s tariffs be? We may be in a 90-day pause but the question remains urgent. A look back at Richard Nixon’s experience in 1971 could help investors understand what might happen next.

President Richard Nixon addresses Congress to explain his (more…)

Washington, Riyadh Agree To ‘Pathway’ For Saudi Civilian Nuclear Program | ZeroHedge

Post author:bitcointalk
Post published:14.04.2025
Post category:ENERGY
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Via The Cradle

The United States and Saudi Arabia are moving toward a preliminary agreement to cooperate on developing a civil nuclear program in the kingdom, US Energy Secretary Chris Wright announced this weekend during his visit to Riyadh.

Wright, on his first official visit to Saudi Arabia, met with Saudi Energy Minister (more…)

Man ‘Erroneously Deported’ Is Alive In El Salvador Prison: Official | ZeroHedge

Post author:bitcointalk
Post published:14.04.2025
Post category:NEWS
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Kilmar Abrego Garcia, the man the US government has acknowledged erroneously deporting, is alive in a prison in El Salvador, according to a new State Department court filing.

Kilmar Abrego Garcia in a file photo. Abrego Garcia Family/Handout via Reuters

"It is my understanding based on official reporting from our Embassy in San Salvador that Abrego Garcia is currently being held in the Terrorism Confinement Center in El Salvador," said State Dept. official Michael Kozak (more…)