Category

Trade War

Canadians keep Liberal Party and Mark Carney in power as country digs in on Trump’s trade war Trade War

Canadians keep Liberal Party and Mark Carney in power as country digs in on Trump’s trade war

Canadian voters backed Prime Minister Mark Carney’s Liberal Party on Monday, the Canadian Broadcasting Corp. projects, in a national election strongly influenced by President Donald Trump. The CBC said it was too early to know whether the Liberals would win enough seats to form a majority government, but it projected…
bubmag
April 29, 2025
Norway’s sovereign wealth fund lost $40B in Q1— Will it hedge risk by increasing Bitcoin exposure? Trade War

Norway’s sovereign wealth fund lost $40B in Q1— Will it hedge risk by increasing Bitcoin exposure?

Key takeaways: Norges Bank lost $40 billion in Q1 2025 as US tech stocks fell, exposing the risk of concentrated positions. The bank’s indirect Bitcoin exposure via stocks reached $356 million, raising sell pressure risk amid a global trade war and recession concerns. Abu Dhabi’s $437 million spot Bitcoin ETF…
bubmag
April 28, 2025
‘Come together to fight:’ Carney sounds alarm on Trump’s trade war during final Windsor campaign visit Trade War

‘Come together to fight:’ Carney sounds alarm on Trump’s trade war during final Windsor campaign visit

Published Apr 27, 2025  •  Last updated Apr 28, 2025  •  2 minute read Federal Liberal Leader Mark Carney raises the arm of Windsor West Liberal candidate Richard Pollock near the Ambassador Bridge in Windsor on Saturday, April 26, 2025. Photo by Millar Holmes-Hill /Windsor Star With just two days…
bubmag
April 27, 2025
US revokes policy restricting subpoenas of reporters’ phone records – as it happened Trade War

US revokes policy restricting subpoenas of reporters’ phone records – as it happened

Wisconsin governor statement after arrest of Milwaukee judge: a move by Trump to 'undermine our judiciary' Wisconsin’s governor Tony Evers released the following statement regarding the arrest of Milwaukee county judge Hannah Dugan: In this country, people who are suspected of criminal wrongdoing are innocent until their guilt is proven…
bubmag
April 26, 2025
Crypto Biz: Cantor Fitzgerald crypto play, ETF inflows highlight industry’s big sentiment shift Trade War

Crypto Biz: Cantor Fitzgerald crypto play, ETF inflows highlight industry’s big sentiment shift

US President Donald Trump’s first 90 days in office have been miserable for Bitcoin (BTC) and the broader cryptocurrency industry. Despite positive regulatory developments, culminating in the first-ever White House crypto summit on March 7, digital asset prices have been dragged down by the currents of trade war and fear…
bubmag
April 25, 2025
Dow Jones dips as trade uncertainty lingers, consumer sentiment sinks Trade War

Dow Jones dips as trade uncertainty lingers, consumer sentiment sinks

China’s tariff exemption talks ease tensions but fail to spark full recovery. Trump’s “total victory” remark on tariffs shifts sentiment back to caution. UoM sentiment hits 52.2; inflation expectations surge to 6.5% for 2025. The Dow Jones Industrial Average (DJIA) registered losses of over 0.32% on Friday amid uncertainty over…
bubmag
April 25, 2025