dollar

Samsung joins the trillion dollar club. AI has made it possible, but it has also made it its enemy

by

Samsung has reached a market capitalization of one trillion dollarswith its shares soaring more than 15% in a single day. There is only one other Asian company in that club: TSMC. And it is no coincidence that both manufacture chips. Of course, Samsung’s reality is a little more complex. Why is it important. AI is changing the hardware hierarchy. Who controls the memory that powers data centers largely controls the rate at which the world can scale its AI models. Samsung has been the largest memory manufacturer on the planet for almost a decadeand that, in 2026, is literally worth a trillion. The context. The memory chip business has long been quite cyclical, alternating periods of shortage with periods of overproduction and plummeting prices. But AI has introduced a new variable. Data centers require huge amounts of HBM memory (High Bandwidth Memory) to run their workloads, and the bottleneck is structural: building new manufacturing capacity takes two to three years. That means the shortage isn’t going to be resolved anytime soon, and prices are going to remain high. In figures. Samsung’s first quarter numbers: The operating profit has multiplied by eight that of the same period of the previous year. Revenue has reached an all-time high of 133.9 trillion Korean won. The semiconductor division has generated more than 90% of the company’s total profit. Yes, but. The paradox that makes Samsung different from TSMC or NVIDIA is that it also manufactures smartphones and televisions. And those businesses buy the same memory chips that are now scarce and expensive. He boom that enriches its semiconductor division is cutting the margins of its consumer divisions. Samsung has become, in a way, its own internal rival. Between the lines. This week’s stock market jump is not explained only by the quarterly results. An article from Bloomberg has made public that Apple has held talks with Samsung and Intel to manufacture chips for its devices on US soil, diversifying its dependence on TSMC. If Samsung manages to win that contract, the impact on the semiconductor supply chain would be more than notable. The big question. How long does this last? The bullish memory cycle has an expiration date: as soon as the construction of new factories increases the available supply, prices will fall again. The only scenario in which this does not happen is if demand for AI continues to grow faster than installed capacity. Until now, that’s how it has been. But Samsung has fully sold out production capacity for this year alone, which gives an idea of ​​the pressure on the system. In Xataka | Samsung has just achieved a milestone that has not been recorded for eight years. The problem is that it is a mirage Featured image | Max Whitehead

Companies that made “boring” chips are riding the dollar

by

In any sports team there are starters and substitutes. The headlines are usually the big stars, who capture all the attention. The substitutes are the ones who go out to do the job when it’s time, without making so much noise. That same universe of ‘Zidanes and Pavones‘is in the world of computer components and, if the chips of Intel, Nvidia, amd either TSMC They are the Zidanes, the Pavones are, indisputably, the chips of Texas Instruments. And the accounts are coming out. Texas Instruments. It is one of the most evident cases of how profitable it is to live outside the hype. Texas Instruments is the ‘Paco Bearings’ of technology, a company that has been manufacturing chips for decades that we have in a multitude of devices, but that do not make noise with specifications. Are very specific chips to carry out very specific tasks, and if in February we already said that They were dropping their wallets to acquire companies like Silicon Labs (an American company that also makes ‘boring chips’), now we have to echo the accounts. Revenue for the first quarter of the year they reached 4.8 billion dollars, 19% more year-on-year and exceeding expectations. And, precisely, what has increased the most year after year has been the number of chips for data centers. Boring chips in AI. Think about the chips in your washing machine, but also in the refrigerator, in a smart speaker or even in wireless headphones. It also makes other types of chips: those that control power, isolate signals and manage faults. And those are the ones who are making gold in the age of AI. GPUs and CPUs are the star chips of a data center, but others are needed to do the most basic work: power, control, interfaces and protection. Texas Instruments manufactures and sells these chips, and they are what allow a GPU or CPU to run stably in racks. Putting it down, if Nvidia or AMD put the ‘brains’ in the data centers, Texas Instruments provides the nervous system. And this is tremendously profitable since, in the breakdown by segments, although Texas Instruments’ industrial chip segment increased by 30% year-on-year, that of data centers grew 90%, representing approximately 11% of the company’s income. The ARM case. Another interesting case is what processors are experiencing. AI needs are shifting from GPU power for training to CPU efficiency for efficiency. In the era of Agentic AIit is estimated that more CPUs will be needed in data centers in what has already been dubbed the ‘CPU renaissance’. Intel is adapting to it and the market is rewarding a historic processor: Arm Holdings. On March 24, presented AGI CPU, ARM’s first proprietary processor for data centers. It is optimized to precisely run large inference workloads, such as the aforementioned agentic artificial intelligence. Manufactured in a 3-nanometer TSCM process, it has 136 cores per chip and a performance that promises to be double that of conventional x86 processors. AND co-developed with Meta, one of the most interested in stopping depending on Nvidia. Market confidence is at its highest and share prices have shot up to all-time highs. In fact, the graph of ARM and Texas Instruments is extremely similar over the last five years. Those of memory, to their ball. In parallel, there are other companies that do not create the processors to ‘move’ the AI, but rather the memory for the most powerful GPUs on the market. They are invisible chips, but unlike Texas Instruments, their presence in data centers is notable for a very simple reason: they are those same memory companies that have stopped making memory for consumers, focusing almost all of their production on data centers. SK Hynix record a 405% growth in its operating profit in the first quarter of the year, something driven by HBM memories and DRAM for AI. Samsung, more of the same, earning more in three months than during all of last year. The question is the same as in recent months: how long will this growth last and whether investment in data center equipment has a ceiling. And what will happen when that ceiling is reached. Images | Victorgrigas, Raimond Spekking In Xataka | NVIDIA has so much money that it is becoming something different: the largest startup incubator in the world

NVIDIA, Microsoft and Anthropic have signed a new multi-million dollar agreement

by

Microsoft, NVIDIA and Anthropic have announced recently a series of strategic alliances that redistribute the map of power in the generative AI race. Anthropic will deploy its Claude models in Azure, Microsoft’s cloud, while committing to purchase $30 billion in computing capacity and contract additional capacity of up to one gigawatt. For their part, NVIDIA and Microsoft will invest up to 10,000 and 5,000 million dollars respectively in the startup. The triangular pact, in figures. Anthropic will have access for the first time to Microsoft Foundry, where its most advanced models (Claude Sonnet 4.5, Claude Opus 4.1 and Claude Haiku 4.5) will be available to Azure enterprise customers. With this, Claude becomes the only advanced model present in the three main cloud services in the world. Additionally, Microsoft promise maintain the integration of Claude into its Copilot family, including GitHub Copilot, Microsoft 365 Copilot, and Copilot Studio. In parallel, NVIDIA and Anthropic establish their first collaboration of such caliber. To do this, they will work together in design and engineering to optimize the Claude models on future NVIDIA architectures, starting with systems Grace Blackwell and Vera Rubin. Microsoft looks for alternatives to OpenAI. This move comes just weeks after OpenAI will complete its restructuring towards a for-profit model and will renew its agreement with Microsoft. Although Microsoft maintains a 27% stake in OpenAI valued at about $135 billion, the new terms of the deal have relaxed some key elements of its exclusivity. And OpenAI can now collaborate with third parties and release open source models, while Microsoft no longer has the right to try to be its sole computing provider. According to The Vergethese changes in the relationship with OpenAI have precisely allowed Microsoft to close this pact with Anthropic. In fact, Microsoft had already been betting on Claude in some of its services, for example, in Visual Code, prioritizing Claude over GPT-5 in your model selector. It also recently added Claude Sonnet 4 and Claude Opus 4.1 to Microsoft 365 Copilot. Circular financing: money that comes back. As is customary in these AI macro-agreements, a clear circular financing dynamic. Microsoft and NVIDIA pump capital into Anthropic, which in turn commits to spending tens of billions on infrastructure provided by those same companies. In essence, some of the money invested returns as revenue from cloud computing services and specialized hardware. It is not a new phenomenon: in fact, Anthropic already has similar agreements with Amazon, which has invested 8 billion dollars and continues to be its main infrastructure provider, and with Google, which in recent weeks announced a pact to provide up to one million TPUs to the startup. These types of cross-investments have become the norm in the generative AI ecosystem, creating almost symbiotic relationships between companies to meet their computing and infrastructure needs. one gigawatt. Building a data center with that capacity could cost around $50 billion, according to industry estimateswith some 35 billion dedicated exclusively to AI chips. Although the figure pales compared to OpenAI’s Stargate project, which aspires to 500,000 million dollars In investing, Anthropic’s approach seems more pragmatic and execution-focused. The company led by Dario Amodei has gained ground in the business market with less media noise but with solid results. And its annualized revenue rate now reaches $7 billion, although like the rest of the AI ​​startups it continues to spend much more than it earns. Diversification. What is really relevant about this agreement is that it confirms a trend: that large technology companies are no longer betting everything on a single card in AI. Microsoft, which has invested billions in OpenAI since 2019 and made it the flagship of its AI strategy, is now expanding its portfolio with Anthropic. For its part, Anthropic demonstrates its ability to maintain multiple alliances without compromising its independence. It is the sensible option and the one that minimizes risks. Cover image | Microsoft In Xataka | Tim Cook’s end at Apple is approaching

central banks are fleeing the dollar

by

A few days ago we saw how gold had exceeded $4,000 per ounce for the first time in its history and, as it could not be otherwise, it has raised a general alarm in the markets. And there are not exactly a few analysts who are already pointing to $5,000 by 2026. But the real story behind this historic rally is not only that gold is expensive: is that the dollar is losing its neutrality as a world reserve currency. In emerging countries and China is where this is being noticed the most, and central banks react accordingly. A historic rise. gold accumulates a 50% increase so far in 2025, its best year since 1979. However, neither geopolitical uncertainty nor rate cuts nor dollar weakness fully explain the magnitude of the movement. Just like they explain Since Expansion, gold has continued to rise even with the truce in Gazasome recovery of the dollar and a Federal Reserve in standby mode. Something deeper is happening. Central banks lead the purchase. Since the Russian invasion of Ukraine in 2022, central banks They have bought gold massively and constant. In this way, some emerging countries and China diversify their reserves to depend less on the US dollar. According to Goldman Sachscentral banks explain 19% of the expected rise in gold until the end of 2026, buying an average of 80 tons in 2025 and 70 in 2026. Bank of America also matches by pointing to central banks and small investors who push the price up. Gold already competes with American Treasury bonds. The value of central banks’ gold reserves (excluding the United States) reached 3.93 trillion dollars at current prices, slightly exceeding the $3.92 trillion in US Treasury bonds held by foreign governments. Gold has gone from representing 10% of world reserves a decade ago to 24% by mid-2025. It is a structural change in the international monetary system. Preparing for a post-hegemonic dollar world. What is at stake is the global financial architecture. Central banks in emerging economies are betting on a future where the dollar is no longer the neutral currency it has been for decades. Trade tensions between the United States and China, political pressures on the independence of the Federal Reserve and record debt levels Americans feed this narrative. Individual investors join in. A wave of retail investors has recently added to institutional demand. In Japan, where gold exceeded 20,000 yen per gramdistributors such as Tanaka Precious Metals had to suspend sales due to the avalanche of orders. In Hong Kong and Türkiye, traditional gold-buying markets, families They are both buying and selling to take advantage of record prices. Gold Exchange Traded Funds (ETFs) they caught 26 billion dollars in the third quarter of 2025 alone, a record figure. Around $5,000. Société Générale has just raised its forecast to $5,000 per ounce by the end of 2026, describing this goal as “increasingly inevitable.” Bank of America aims for the same level, while Goldman Sachs projects 4,900 dollars by December 2026. And in all the projections there is a common denominator: they assume that institutional demand from central banks will remain strong and that individual investors will continue to see gold as a refuge, especially in an environment of great uncertainty. Risk. It’s not all good news for the precious metal. a survey from Bank of America shows that 25% of fund managers consider long positions in gold as one of the most saturated bets in the market. Just like they explain From the Financial Times, historically, when gold moves more than 20% away from its 200-day moving average, as is happening now, corrections of 20% to 33% usually occur. But even with that risk, everything indicates that the world is preparing for a monetary system where the US dollar no longer dominates alone. Cover image | Jingming Pan In Xataka | In Europe we have a problem: we are becoming the Japan of the 21st century

The Indies Fleet sank in 1715 loaded with treasures from the ‘New World’. We just recovered a million dollar one

by

On July 24, 1715, from the port of Havana, the Indies Fleet He left for Spain. The holds of the ships kept treasures of incalculable value that the Spanish had collected in the ‘New World‘, but everything was cut short a few days later. On the 31st, a hurricane sank eleven of the twelve ships, and that treasure of hundreds or billions of euros was lost. But not forever, since we just found a part. And the big question is the same as always: now… what. In search of treasure. It is estimated that 1,500 sailors lost their lives, but it was also one of the events that triggered one of the golden ages of piracy in America. Among the riches there were chests with coins and silver ingots, silver chests, others loaded with jewels and precious stones, as well as pearls, emeralds, porcelain and ingots of both gold and silver. It is estimated that the burden would be equivalent to more than 400 million current dollars. Taking all this into account, it is no longer so strange to think that the Indies Fleet of 1715 was the objective of the treasure hunter of the time. The Spanish tried it first, who claimed to have found 80% of the treasure. The problem is that it is not clear that the amount was that and the news spread like wildfire, causing the pirates and privateers will carry out attacks trying get hold of the loot recovered. Coins on the beach. Some were successful, but much of the treasure was still somewhere in the waters of the Caribbean. A couple of centuries later, a retiree named Kip Wagner began finding Spanish coins near his home on the beaches of Florida. None were dated after 1715, so he began to wonder. His suspicions were confirmed when he found an 18th-century map detailing the sinking. He founded the Real Eight Company to search for the treasure, and eight NASA and Air Force divers recovered a couple thousand pieces in a single day. It was clear: the treasure of the Indies Fleet It was there. As usually happens in these cases, treasure hunting companies began to become interested, and the protagonist of this story is 1715 Fleet Queens Jewels. We have found it. They have exclusive “salvage” rights, so they are the only ones who can carry out inspections to recover the treasures and, in the summer of 2025, an expedition carried out the great advertisement: More than 1,000 silver reales and five gold coins minted in the Spanish colonies of Mexico, Peru and Bolivia had been recovered. Some are completely eroded, but many others preserve mint marks -inscription indicating where it was manufactured- and the date, so they have directly become a valuable historical testimony. It is estimated that they all come from the same chest of the dozens that sank that day and it is a unique discovery, since finding a handful of coins is common, but a thousand at once is something much more unique. A good loot. The value of what was found has been estimated at one million dollars, but beyond the coins, a royal lead seal with the impression of the king Philip II. There is still much more at the bottom of the ocean. Despite 70 years of systematic searching, it is estimated that there are at least three ships from the fleet that are still missing, being the next targets of 1715 Fleet. Who keeps it? Sal Guttuso is the company’s director of operations and comments that what was found is “a tangible link with the people who lived, worked and sailed during the Golden Age of the Spanish Empire”, but beyond the romanticism, the big question is who gets the treasure. As they have been found in Florida state waters, its legislation establishes that any treasure considered “abandoned” belongs to the state. However, if you do not want to take charge of the search efforts, Florida grants permits to qualified organizations for exploration and recovery. Thus, it establishes that “salvers” can retain 80% of the recovered artifacts, while the remaining 20% ​​are cleaned, documented and preserved in educational collections and public exhibitions. According to 1715 Treasure Fleet, after cataloging them, some pieces will be exhibited in local museums in Florida. The next thing is to see what happens with future expeditions… and if the Flota de Indias treasure ends up causing a international earthquake like that of the San José galleon. Images | 1715 Fleet (2) In Xataka | The Spanish galleon San José sank carrying 20 billion dollars. Mexico and Colombia are going to bring that treasure to light

Sending this 320 dollar goal from Japan to Spain costs $ 29. Sending it to the US costs 2,000, and it is not a typographic error

by

For international vendors, Sending certain products to the United States makes no senseso to avoid these sales they are going to a singular technique: not touch the price of the product, and instead raise shipping prices to absurd amounts. It is an infallible method and a curious response to Tariff policy restrictive imposed by Donald Trump. 2,000 dollars to send a product of 320. A Japanese eBay seller called Ninjacamera.japan sells an objective for Olympus cameras that It has a price of $ 319.99. So far everything is fine. The surprise is carried by those who want to ask for that product from the US, because sending it there costs 2,000 dollars, when shipping to countries like Spain costs $ 29. In Xataka we have checked the data, and it is indeed so. Because. The reason is simple. As soon as he started his presidency, Donald Trump initiated a tariff war with everyone, but also ended the exception “of Minimis”. This exception allowed packages with value below $ 800 could enter the US without paying taxes. It is something that Companies like Temu or Shein They took the opportunity to “exploit” commercially in the North American country, but now that commercial shortcut has disappeared. Result: Send “cheap” products to the US is too expensive. The US online buyers have it raw. This exemption ceased to be active for China and Hong Kong in May 2025, and for the rest of the world the exemption was definitively eliminated at the end of August. The change especially affects US online buyers, especially those who take advantage of foreign online stores to acquire all kinds of cheap products. Sellers have an easy solution. As they point out in 404 mediaFor foreign sellers it is much easier to raise the shipping price to absurd amounts – like those 2,000 dollars for the photographic objective – than to erase their inventory products to exclude them from their sale in the United States. Goodbye to negative criticism. Not only that: impose on buyers the theoretical cost overrun to which the new tariffs would make them see how that goal of 320 dollars would cost them much more expensive and the rest of the users do not. If they do not know the situation well with the tariffs, they would probably punish the seller with online criticism of all kinds. These sellers avoid this problem to a large extent with the simple technique of raising shipping prices. Another example. As indicated In The Wall Street Journala customer bought a 77 dollar shirt from a Swedish brand and in addition to the shipping costs of $ 30, another $ 42.35 were charged for tariffs. The shirt was actually manufactured in China: while Sweden products have 15%tariffs, If they come from China that figure rises to 54%. Another bought components from Canada worth $ 640 to fix an oven and charged him no less than $ 1,192.12 for “government charges”, in addition to an intermediation commission of $ 128.17. An unsustainable situation. For American buyers the situation is really complex, and buying products of all kinds that come from abroad can end up getting extraordinarily expensive. The big messaging companies operating in the US —Fedex, DHL and UPS – indicate in WSJ that US consumers are still confused by the situation Despite its FAQand they don’t just understand the implications of tariffs. At this step the confusion will become something else. Tariffs continue to negotiate. The commercial war between the US and China remains at a delicate point. After an escalation almost comical Of the tariffs that one and the other were going to activate, both countries They signed a truce At the end of May and special conditions were also granted for semiconductors and electronic products. All these terms still do not materialize, but China has many more assets to negotiate than Europe, whose agreement with the US was A disaster for EU countries. Spain (and the rest of the world) are fought for now. This type of extraordinary uploads of shipping prices or “government taxes” surcharges only affect US buyers. That is the reason that the prices we see in all types of electronic commerce platforms have not triggered at the moment, but tariff policies and the delicate commercial balance could cause Notable prices changes that consumers pay when buying products abroad. In Xataka | China has found the formula to avoid reciprocal tariffs with the US: “dropshipping” of semiconductors

The United States has started a pulse in the currency market. One in which the euro is being imposed on the dollar

by

Uncertainty does not feel good to the bags. Nor to the dollar. At least if we look at its evolution against other currencies, such as Yen, the Swiss Franco or The euro. With The commercial war And Trump’s attacks on the Federal Reserve as a backdrop, the green ticket has started the week standing at some Minimum levels in front of the European currency that had not been seen for years. The big question is … What does that mean? A March down. Although uncertainty seems to have been installed in the markets, everything indicates that the dollar will say goodbye to March weakened compared to other currencies. He US dollar indexwhich measures its strength against the main foreign currencies, started the penultimate week of the month falling 1% until they were minimal that had not been seen for more than three years. Meanwhile, the euro was quoted above $ 1.15, its maximum value Since 2021. The mirror of currencies and gold. The dollar falls in front of the yen And the Swiss Franco and the eurowhich now marks $ 1,1499 after having reached on Monday 1,1573 per first time Since the end of 2021. The scenario feels good too (At least in value) To gold, one of the most consolidated shelter assets: yesterday the precious metal reached $ 3,430 per ounce. Only so far this year has shot above 27%. Click on the image to go to Tweet. The situation of the euro. With that backdrop there are analysts who They are already highlighting the pronounced ascending curve that records the euro in front of the green ticket so far from 2025. of the minimum change of 1,024 Dollar registered in early January has passed to 1,476. And with a graph clearly up. After the latest advances of the euro against the dollar and its reinforcement against the US currency, so far from 2025 the European currency has risen 11.3%. The balance is also positive for the pound (6.8%), the Swedish crown (16.5%), the Swiss Franco (12.3%) and the Yen (11.7%), which They overcome the advance of the European currency. The criticism of the Fed and Powell. When analyzing drifting the dollar Analysts usually point out various factorssuch as the crisis of trust in the green ticket, a loss of attractiveness in a scenario marked by Trump’s protectionist policies or changes in the global economic order and US debt. After the last fall, another added key indicates: the criticism From the White House to the Federal Reserve (Fed) and its responsible, Powell, reluctant to lower interest rates. Trump’s threats affect the image of the body, which can also influence the value of the dollar or the confidence in the stability of US markets. “Trump’s renewed criticism of the FED president this week is a reminder that commercial policy is not the only channel through which the unconventional approach to the administration could undermine the dollar and the US assets markets,” warns in CNN Jonas Goltermann, senior economist of markets at the capital firm Economics. Why is it important? For several reasons. First because the dollar is more than the currency with which the Americans pay their purchases. Throughout the last 80 years it has been the Vault key of the global financial system, acts from reference and its position against other currencies has influenced the US economy. He did it then. And it will probably do it now too. There are analysts who They point that Trump seeks to weaken the dollar to favor US exports (one of its declared objectives is to reindustrialize the country) and balance its balance and commercial deficit, something that tariffs would also help. The depreciation strategy of the green ticket would also lead to threats, however, such as problems to face debt in the United States. Images | Gage Skidmore (Flickr) and Stock Birken (UNPLASH) In Xataka | There is something more disturbing than the collapse of the bag: the collapse of the shelter values ​​such as the US dollar and debt

The dollar has been the world economy for 80 years. The US tariffs are starting to destroy it

by

In the two long months he has in the Oval Office, Donald Trump has demonstrated that he did not joke when he said that his favorite word is “tariff.” The Commercial War in which it has been engaged, with ads and against ads, attacks and backgrounds that now focus the focus In China, it is however affecting what could well be the second header word for the Republican leader: the dollar, which faces its own historical chapter, in full depreciation against other assets such as The euro or the Swiss Franco. In the background, there are voices that already speak of a trusted crisis In the American currency, a weakening of its global position as a safe shelter or even They wonder If we go at the end of the golden era of the green ticket. Dollar slopes. In full tariff war and between recession drums In the US and loss of investor confidence, the US dollar does not go through its best moment. Although The partial truce 90 days decreed on Wednesday by Trump has paid the falls in the stock market, the trend is different if we talk about public debt and especially dollars. Green tickets They have deflated in front of currencies such as the euro or the Swiss Franco. And quite clear, besides. Click on the image to go to Tweet. What do the figures say? After the dollar suffered yesterday its worse day In about a decade, the Euro is already 1.14 dollars. You have to go back several years ago to find it in such low levels in front of the community currency. As for the Swiss currency, another key reference, Reuters remembers That the green ticket has fallen 1.2%, to 0.814 francs, for the first time since the beginning of 2015. All this with him and reaching his Maximum of several months and with gold moving in Historical maximums While investors are looking for safe shelters, precisely what (until not so ago) offered green tickets. “There has been a marked tendency to sell US dollars flowing through the general markets and towards classical shelter assets, with the dollar losing that position,” Confirms Reuters recently Chris Weston, from Pepperstone. Why is it important? Because the dollar is more than the currency with which the Americans make their purchases. Is behind the vast majority of transactions, acts world reference and has allowed the US to be financed at low types. “Half the world is stunned looking and the other horror about what will happen to the dollar as a universally accepted currency and vault key of the global financial system,” Explain to The country Juan Ignacio Crespo. “It is very unusual in the US”. The dollar situation has caught the attention of other experts, such as Nick Timiraos, economic correspondent for The Wall Street Journal And who yesterday shared In X some reflections on the drift of the yields of the treasure bonds at 30 years and the weakening of the dollar. “Rises in yields and low in currencies are common in emerging markets. We saw it in the United Kingdom during the debacle of Truss. But it is very unusual in the US. There are only four other episodes in the last 30 years in which the dollar depreciated more than 1.5% with an increase in return to more than 10 basic points, ” Timiraos collects citing the Evercore ISI firm. Its conclusion: the data suggests the end of ‘exceptionalism’ of American growth and a loss of attractiveness of dollars. Click on the image to go to Tweet. Crisis of trust in the dollar? That is the idea that appears for some time among some analysts, such as Francesco Pesole, of ING, which after the fall of the dollar to a minimum of three years in front of the euro, It was pronounced with roundness in Financial Times: “The question of a possible crisis of trust in the dollar has definitely been resolved: we are experiencing it with all its force.” It is not the first to point in that direction. Monday Reuters warned that there were investors and analysts concerned with the perspective that Trump’s protectionist policies, changes in the current global economic order in the last decades and the growing debt The US ended up undermining the attractiveness of the dollar, with even risk of a crisis of trust in the green ticket. End of the ‘golden age’ of the green ticket? That is the question he launched to Benjamin Dubois, head of Edmond’s coverage management of Rothschild, in An analysis collected by The economist. It slides that the fall of the currency “could be the beginning of a deeper underlying trend.” “Trump’s second mandate could make the dollar lose the dominant status he has enjoyed during the last decade,” Point out The expert before citing factors such as the depreciation of Trump’s currency or commercial war. The answer does not seem clear. For Per Jansson, vice governor of the Central Bank of Sweden, It is not predictable However, the US reaches the point that the status of the dollar changes. And he warns: “It would be a great change for the world economy … and basically create chaos.” The truth is that Trump has spoken against attempts to weaken the currency, which still has in his favor the support of the strong economy of the United States, the markets and the lack of a short -term alternative. Reindustrialization. One of The wishes of Trump, which already connects with his first presidential mandate, is to enhance The manufacturing industry of the US. And in that effort the currency and its strength also play a key role. After remembering the restructuring of the global financial system raised by S. Miran, Donald Trump advisor, Dubois remembers: “It is based on the conviction that the dollar must be depreciated to allow US reindustrialization.” The Republican himself has pointed out that a weaker dollar would also benefit exports. Images | Timis Alexandra (UNSPLASH) and Gage … Read more

The collapse of shelter values ​​such as the US dollar and debt

by

The American treasure bonds, considered for decades the safest asset in the world, are suffering The biggest mass sale since 2001when Puntocomwith yields that exceed 4.5% in the ten -year bonus and touch 5% in thirty years. This shake is not a simple technical adjustment. This directly questions the dollar and the US debt as a safe refuge in moments of global economic uncertainty, precisely when Trump’s commercial war with China and other countries reaches historical levels with the tariffs of Up to 104%. Why is it important. The collapse of the American bond market also has implications for Europe and Spain. If investors lose confidence in the dollar and American bonds, two contradictory scenarios are possible: European risk premiums could shoot themselves by infection, making financing for governments and Spanish companies. Or paradoxically, Europe could benefit if investors look for alternatives to the dollar, lowering our debt. The current situation. What began as a technical problem in the bond market has become a crisis of trust. The coverage funds carried out by arbitration operations with American bonds (known as “Basis Trade“) are being forced to sell in mass, shooting the yields and causing a vicious circle. The ten -year bonus from the United States has gone from a 3.87% yield to early April to More than 4.5% In just a week. The bonus at thirty years has touched 5%levels not seen in more than a decade. The type curve has been invested extremely, with a difference of 30 basic points between two and ten years bonds in just a few hours. Between the lines. This phenomenon is the structural change reflex. After decades as an indisputable world reserve currency, The dollar and the American bonds are being questioned as a result of Trump’s aggressive tariff policy. China, Japan and the United Kingdom, main foreign American debt holders And precisely countries especially affected by tariffs, they can be using their bond reserves as an economic weapon, selling them in retaliation. At stake. The stability of the global financial system now depends on how central banks respond. The Federal Reserve could be forced to make emergency cuts in interest rates or implement programs for buying bonds similar to Those used during the 2008 crisis. If these measures fail, the consequences would be serious: increasing credit for companies and families, destabilization of stock markets (some already vulnerable), and potential global recession just when the economy recovered from Post-pandemic inflation. Meanwhile in Europe. Here the public debt yields have also triggered sympathy. British bonds have reached 5.6% yields – levels not seen since 1998–and the pressure on the Spanish and European debt is inevitable if the situation continues to deteriorate. The European Central Bank and the Bank of England could be forced to advance or intensify its type cuts to contain damage, especially if the European economy begins to show signs of contagion. For Spain, with A public debt exceeding 100% of GDPa sustained increase in financing costs would threaten the government’s budgetary and investment plans. Just when they are most needed to cushion the impact of the commercial war. The money trail. The financial world has taken a historic turn in just one week. If the American treasure bonds cease to be the safe shelter par excellence, we enter an unknown territory for the global economic system. When what seemed impossible happens, panic can become a self -fulfilling prophecy. It does not seem to make sense and ask whether there will be consequences or not, but rather how deep they will be and who will pay the invoice. In Xataka | The United States created modern globalization. Now he has become his main devastating Outstanding image | Xataka

5 anti-inflammatory foods you can buy at Dollar Tree, according to an expert

by

A balanced diet is one of the pillars of health, and it can be expensive if the information is not managed to allow choosing products according to needs and at a low cost. A gastronomy expert assures that By reading the labels carefully you can find good options at Dollar Tree like 5 anti-inflammatory foods that he managed to achieve with this method. Recipe developer, and Professional Home Economist (PHEc), Kris Osborne explains in Eating Well that although it is not a common place to look for healthy foods, in Dollar Tree found substantial savings on items like: omega-3-rich salmon and walnuts, antioxidant-packed frozen berries, and fiber-packed oats. Osborne explains that nutritious eating can be accessible to everyone and that a vital element is carefully reading labels combined with strategic purchasing to stock up on anti-inflammatory foods. An expert in gastronomy and family savings explains which are the cheapest anti-inflammatory foods at Dollar Tree.Credit: Shutterstock Remember the importance of keeping inflammation at bay so that the body has the ability to heal from injuries or fight infections. “Anti-inflammatory foods, like little firefighters, help calm inflammation (the fire) in our bodies through their unique combinations of bioactive compounds, antioxidants and essential nutrients,” he adds. Although for many the term “anti-inflammatory” sounds expensive, the expert makes her specific food recommendations.but not before warning that there are many processed foods at Dollar Tree, so it is essential to read the labels. Pink salmon without skin or bones Salmon is rich in omega-3, a fat good for the heartCredit: Shutterstock Chicken of the Sea pink salmon, without bones or skin, is rich in omega-3 fatty acids, vital for health, since the body cannot produce them and must be taken from food or supplements. This product can be found at Dollar Tree in 2.5 ounce packages for $1.25. The expert comments that she buys several bags of salmon to prepare salads, sandwiches, and salmon burgers. A quick recipe involves mixing fatty salmon flakes with fresh herbs, a raw egg, breadcrumbs, a tablespoon of Greek yogurt, and mustard for a tasty meal that serves as a starter, side dish, or topping sandwiches. frozen vegetables Fresh vegetables have many benefits, but frozen vegetables are very nutritious, cost-effective. At Dollar Tree you can get a variety of vegetables for $1.25; the cauliflower rice weighs 10 ounces and the seasoning mix weighs 12. TJ Farms riced cauliflower, which Osborne adds to smoothies and sauces to provide fiber and nutrients, which are key to relieving chronic inflammation. There’s also TJ Farms’ Cajun Trinity of onions, celery, and red and green bell peppers, to add to preparations rich in antioxidants that fight cell damage and provide additional vitamin C. Natural oats Oatmeal is rich in nutritional and functional elements, since it is one of the few cereals that is marketed in its complete form, preserving all its parts.Credit: Shutterstock Oatmeal is one of the foods considered anti-inflammatory because it is rich in antioxidants and natural fiber. At Dollar Tree the traditional Sunco Natural oats. The expert buys four to six one-pound bags at a time, since it is one of the products she consumes the most. Oats contain special compounds called Aveanthramides that are 10 to 30 times more potent as antioxidants compared to polyphenolic compounds typically found in other grains, he explains. Walnuts in halves and pieces 5 servings of nuts a week is associated with better brain function in old age.Credit: Shutterstock Another recommended product to purchase is 2-ounce bags of walnuts. Nuts are rich in omega-3 fatty acids of plant origin. As we have mentioned, omega-3 is a key nutrient for cardiovascular health and a source of good quality energy and has a satiating effect that reduces appetite between meals. Recently, the FDA included nuts among “healthy” foods. The recommended amount of nuts per day is 30 grams, they can be eaten as a snack, added to salads, desserts, oatmeal, yogurt and sauces. frozen berries Berries are rich in plant chemical compounds. beneficial that may offer protection against DNA damage.Credit: Shutterstock Frozen berries in a 20-ounce presentation for $3, it is one of the most expensive he found, although he admits that it is one of the best deals. Blueberries and strawberries are the anti-inflammatory ingredient packed with antioxidants, which are effective in preventing cardiovascular diseases and hypertension. Berries can be added to smoothies, yogurt, overnight oats, desserts and jellies. Keep reading:

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.