At what gold price does Tether’s USDT become balance-sheet insolvent?
A bunch of liabilities, balanced on bullion and bitcoin
Economic news
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US expects war against Iran to last another 2-4 weeks, Rubio tells G7
Secretary of State and foreign ministers discuss impact of conflict on energy prices, as oil closes at its highest since 2022
UK diesel stockpiles at risk, warn traders
Commercial inventories could fall to zero by mid-May if the Strait of Hormuz remains closed
The Trump coin and lessons from the Ostrogoths
The use of his image on a gold offering from the US Mint is a sign of how little power he actually has over America’s money
Oil hits $112 as Trump deadline extension fails to calm markets
President delays possible attack on energy plants until April 6
US appeals court overturns $16bn Argentina ruling in blow to Burford Capital
Litigation funder’s share price drops 54% following decision by New York judges