Trade

How Cryptocurrencies Are Revolutionizing Russia’s Oil Trade with India and China

Russia is integrating cryptocurrencies like Bitcoin, Ethereum, and Tether in its oil trade with India and China. The shift towards digital currencies is a strategic response to overcome international sanctions and traditional banking obstacles. Cryptocurrencies facilitate faster transactions by converting Indian rupees

18 March 2025

Asia·Economics·News·Trade

The Battle of Baht: Can Thailand Navigate Its Economic Doldrums Amid Global Trade Tensions?

Thailand faces significant economic challenges due to its reliance on a narrow range of export markets, mainly the U.S. and China. The strong Thai baht raises production costs, hindering competitiveness in global markets. Rising production costs and labor shortages, especially in skilled

15 March 2025

Business·Local·News·Ripples·Spacex·Technology·Tesla·Trade

Elon Musk Faces Trade Turbulence: Tesla and SpaceX Challenge Tariff Tides

Elon Musk’s companies, SpaceX and Tesla, are challenging Trump-era tariffs, urging the U.S. trade representative to consider the broader impact on U.S. exporters. The tariffs, part of President Trump’s assertive trade strategy, have ignited a global trade war, with retaliatory tariffs from

14 March 2025