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The gold price has during the last decade only gone in one direction: up! In 2025 alone, it has increased by almost 50%. Is this a bubble driven by speculation, or is something more serious going on in the world? The latter is the most likely.
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US President Donald Trump wants to transfer the responsibility for the Ukraine war to the EU. He has mockingly assured that Ukraine with the support from EU can win the war and restore the 1991 borders. US will happily sell them the weapons, but EU has to pay. So now the EU countries are looking deep into their wallets. Will they succeed in continuing the war until the bitter end?
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Ukrainian President, Vladimir Zelensky, and the EU can breathe a sigh of relief. The danger of peace in Ukraine has passed. Trump says he is disappointed with the Russians, and he has assured that Ukraine can win the war and restore the 1991 borders. He promised support with US weapons for as long as it takes, on the condition that somebody else pays. Why did Trump fail?
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US President Donald Trump thinks that the main problem in the US economy is the persistent deficit in foreign trade. His preferred tool is tariffs. He is using tariffs and the threat of more tariffs to impose commercial deals on friends and foes to bring down imports and increase exports. Has it worked?
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US President Trump is using tariffs and the threat of more tariffs to push for favourable trade deals with friends and foes. His stated goals are to reduce the US trade deficit, raise revenue for the Treasury to reduce the persistent government budget deficit, and force private companies to move production to the US. But is there any logic to what he is doing? Or is he just a madman romping around like a bull in a china shop?
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The US president Donald Trump has steam-rolled friends and foes alike with tariffs and threats of more tariffs if they don’t accept a deal on terms dictated by the US. Some, as the EU, have capitulated without a fight, making themselves the laughingstock of the world. But other countries are resisting these bullying tactics. To the Trump team’s surprise, one of these is India.
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