Economy

The headline from Trump’s Davos speech is clear: I won’t use military force to take Greenland. That’s what the President told the world’s leading politicians and business executives at the World Economic Forum. That declaration was very good news for all of them and for US investors, who immediately started buying stocks, erasing about half the losses suffered Tuesday, when the threat of force seemed possible. They all knew that carrying out that military threat would shatter the institutional foundation of Western security: NATO and US-European relations. Instead of military threats, Trump emphasized America’s disproportionate contributions to European defense since World War Two. It was finally time for them to

Rome Will peace in Ukraine also prove to be a great deal for US business? Vladimir Putin would certainly like Donald Trump to think so. Within days of Trump’s election victory last November, the Kremlin ordered major Russian corporations to prepare detailed proposals for economic cooperation with Washington. Coordinating these efforts were Maxim Oreshkin, deputy head of Putin’s presidential administration, and Kirill Dmitriev, the US-educated Harvard, Stanford and Goldman Sachs alumnus who heads Russia’s sovereign investment fund. According to a major US investor in Russia who eyes a postwar return to the market, among the major Russian corporations setting out potential deals for US companies were Russia’s atomic energy agency

His administration remains fixated with Herbert Hoover economics

Lutnick sounds so much like Trump it’s hard to tell where one man’s monologue ends and the other’s begins

Bitcoin is crashing all over again, and it is taking the smaller crypto currencies down with it. It has fallen by a quarter from its highs, and there is little sign that the relentless selling is going to stop anytime soon. Plenty of people will be reheating arguments about how the digital currency is completely worthless and that the bubble was always going to pop one day. But Bitcoin has been through plenty of bear markets and it has always bounced back – and there is little reason to believe this crash will be any different. It is certainly a substantial fall. From a high of $114,000 a coin at

Bitcoin has lost almost a quarter of its value. The tech-heavy NASDAQ index on Wall Street has started to fall. And even leaders of the industry, such as the Google CEO Sundar Pichai, have started to warn about valuations getting out of control. We already knew that AI was driving a boom in investment. But this week there are worrying signs the market is about to crack. The only real question is whether that turns into a full scale crash. Bitcoin, as so often, is leading the market rout. More than $1 trillion has been wiped off the value of the crypto market over the last six weeks, with Bitcoin

So why did GQ paint the actress as a gateway to white-supremacist America?

Sheridan has been working at a rate of energy that would kill many lesser men

It is the only way to hedge against soaring government debt

If the dollar dominates stablecoins, America could dominate global finance for centuries

If you build an administration on the promise that you will always serve the American interest, certain foreign policy decisions become difficult

A space company will this month land on the surface to prospect for a resource more precious than diamonds