While revoking Hong Kong’s preferential treatment may be catastrophic for the city’s financial system, the move could also backfire on the US itself and even challenge the dollar, Boom Bust has learned. On Friday, US President Donald Trump said he would end the special trade relationship with Hong Kong and […]
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The US Federal Reserve has said it plans to maintain low interest rates for the foreseeable future until it is confident the economy has weathered the consequences of Covid-19 and is in the process of recovery. RT’s Boom Bust spoke to former US congressman and author of ‘End the Fed’ […]
The United States has issued a new regulation aiming to limit chip exports to Chinese tech giant Huawei. The firm said its business will “inevitably be impacted” and that “survival is the key word” for the company at present. RT’s Boom Bust is joined by John Quelch, Dean of Miami […]
As part of the ‘phase one’ trade deal, Beijing on Tuesday issued a new list of US products to be exempt from trade tariffs. This came as the US threatened to terminate the deal if China fails to meet its purchase commitments. RT’s Boom Bust is joined by Todd Horwitz […]
The US 10-year Treasury bond yield fell 0.7 percent in response to the latest report of jobless claims. That comes a week after the Treasury said it would borrow a record $2.99 trillion this quarter, and launch a 20-year bond. RT’s Boom Bust talks to former Federal Reserve insider Danielle […]