News

Bank of America predicts that, due to supply shortages and market squeezes, the price of silver may rise to between $135 and $309 per ounce by the end of 2026. (Cointelegraph)

Despite the ongoing uncertainty caused by the US-Iran war, global stock markets have demonstrated resilience. Macroeconomic risks have not been fully priced into the stock markets. "There are significant external risks, yet asset prices remain at historical highs," she said. "We expect there will be a correction sooner or later." It is rare for officials of the Bank of England to speak so candidly about their expectations for the capital markets. (BBC)

Has discussed key minerals and steel issues with Secretary of Commerce Raimondo. The US and EU have agreed to accelerate discussions on steel derivatives. Steel is a core topic in talks with the US. Suggested to Secretary of Commerce Raimondo that both sides should return to the idea of “isolating” their respective steel industries and conducting trade under “very favorable conditions.” The steel issue is moving in a positive direction. Proposed examining several pilot projects to coordinate efforts in the key minerals sector. Discussed fertilizer supply disruptions and the severe situation in Africa with Secretary Becerra. Several pilot projects concerning key minerals are expected to be proposed soon.