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US citizens warned not to travel to Japan as Tokyo Olympics near

(CNN) — The Tokyo Olympics, postponed in 2020 during the early days of the Covid-19 pandemic, are facing increasing hurdles in putting on a 2021 show.The latest troubling sign for the Summer Games came Monday when the State Department advised US citizens against traveling to Japan because of a sharp increase in Covid-19 cases.The “Level 4: Do Not Travel” advisory is […]

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Most of the US is headed in the wrong direction again with Covid-19 cases as deaths near 200,000

(CNN) Despite making progress after a difficult summer, most of the US is heading in the wrong direction again as the nation closes in on 200,000 Covid-19 deaths. In 31 states, the number of new Covid-19 cases has increased by at least 10% this past week compared to the previous week, according to data Sunday from […]

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‘They’ve had enough of everything’: Record numbers of Americans are giving up their US citizenship

[Independent] Handling of coronavirus pandemic, Donald Trump, and onerous tax filing requirements cited as reasons  Record numbers of Americans are renouncing their citizenship according to numbers reported by a New York accountancy firm. Bambridge Accountants reports that 5,816 people gave up US citizenship in the first half of 2020 — a 1,210 per cent increase on the previous six […]

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US tops 5 million Covid-19 cases, with five states making up more than 40% of tally

[CNN] The US topped 5 million cases of coronavirus early Sunday — and as experts have highlighted before, the true number of infections could be many times higher. The number means the country holds about a quarter of global cases of the virus and also tops the list with the most reported deaths in the world. Of the country’s 5,022,187 estimated cases, […]

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U.S. Moves Closer To Digital Dollar

[Forbes, Getty Images] On June 30th, 2020, the Senate Banking Committee held a hearing on the future of the digital dollar. The pressures to create a digital USD are mounting as China recently began testing its own digital currency – the DCEP, which will be included in popular applications like WeChat and AliPay. Of particular concern is […]

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A Crash in the Dollar Is Coming

[Bloomberg, Getty Images] The world is having serious doubts about the once widely accepted presumption of American exceptionalism. The era of the U.S. dollar’s “exorbitant privilege” as the world’s primary reserve currency is coming to an end. Then French Finance Minister Valery Giscard d’Estaing coined that phrase in the 1960s largely out of frustration, bemoaning a […]

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US Dollar, Nasdaq, Chinese Yuan React to Trump-China Presser

[DailyFX] President Trump Press Conference on Rising China Tension Weighs on US Dollar, Nasdaq, Yuan President Trump formally announces the United States will revoke Hong Kong’s preferential treatment amid escalating China tensionUS Dollar drifted lower as the Chinese Yuan rebounded and pushed USD/CNH price action 300-pips lower from intraday highs despite Trump’s harsh remarks directed at BeijingNasdaq Index and […]

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