The Almighty Greenback’s Mood Swing: Watching the World Hold Its Breath Over “قیمت دلار” By the time Tehran’s currency hawkers finish their second espresso, the dollar-rial rate has already sprinted past yesterday’s closing like a caffeinated greyhound. Across the planet—whether you call it “قیمت دلار,” “dólar hoy,” or simply “why is my rent in pesos…
Penny Smith and the Global Penny-Pinch: How One Woman’s Quest for Copper Immortalized Late-Stage Capitalism By L. Marlowe, International Desk Zurich – Somewhere between the fifteenth floor of Credit Suisse and a damp storage unit in Essex, Penny Smith—former foreign-exchange clerk, amateur numismatist, and, depending on which tabloid you read, either folk hero or cautionary…
The British Pound, a currency once so mighty that it bankrolled half the planet’s railways and gin habits, has recently been doing an uncanny impression of a deflating soufflé—except nobody in Whitehall seems to have remembered to pre-heat the oven. Officially, UK inflation has slipped to 2.3 %, down from the eye-watering 11 % pantomime…
Jerome Powell took the podium this week like a man asked to defuse a bomb while everyone else in the room argues over the color of the wires. The Federal Reserve—America’s monetary Death Star—kept rates unchanged at 5.25–5.50%, thereby disappointing bulls, bears, prophets, doom-scrollers, and at least three hedge-fund managers who had already priced in…
Sterling: The Coin That Refuses to Die London—In a world where Dogecoin millionaires brag on TikTok and the euro keeps apologizing for existing, the pound sterling clings to relevance like a 19th-century duke at a techno rave. Yet this antique currency, stamped with the profile of yet another monarch who never carries cash, still punches…
Scott Bessent, the man who once turned George Soros’s quantum-sized headaches into a tidy 10-figure profit, now finds himself auditioning for the role of global economic soothsayer. Treasury Secretary? Perhaps. Headline magnet? Absolutely. Either way, the world’s bond traders have already started practicing their deep-breathing exercises, because when Bessent speaks, sovereign yields have been known…
