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How Trumponomics has shaken global markets: From falling dollar to soaring gold and crypto, here's what experts are saying

How Trumponomics has shaken global markets: From falling dollar to soaring gold and crypto, here's what experts are saying

Economic Times17 hours ago

Donald Trump's policies have shaken global financial markets. US stocks face pressure, while European markets thrive. The dollar weakens amid debt concerns. Investors seek safe havens like gold and crypto. Bitcoin value has increased. Oil prices fluctuate due to geopolitical tensions. Global markets react to Trump's unpredictable economic decisions. Investors are closely monitoring the situation.
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US Stocks Under Pressure, Europe Ahead
Germany's Frankfurt index is up 16%
London's market grew 8%
Paris's stock exchange rose by 3%
Dollar Losing Strength
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Fears over Trump's high-cost budget plans
Worries about America's growing debt
Ongoing trade tensions and tariffs
US Debt Raising Alarms
Interest rates on 30-year US Treasury bonds went above 5%, showing rising concern
JPMorgan's CEO called US debt a 'real problem'
Analysts say money is moving out of the US, even as interest rates rise
Gold and Crypto on the Rise
Bitcoin passed $100,000
Crypto values jumped 60% in a year
Oil Prices See Highs and Lows
In just a few months since taking office, US President Donald Trump has turned the world's financial markets upside down. From falling stocks and a weak dollar to rising gold and crypto, investors around the world are reacting quickly, and nervously, to his unpredictable economic decisions.Here's a simple look at the ups and downs:Wall Street isn't doing as well as it used to. The S&P 500 has only grown by 2% this year. In comparison:As per experts quoted by AFP this slowdown is due to Trump's constant changes on tariff policies, which have caused uncertainty for investors.The US dollar has lost 10% of its value against the euro in just six months, its worst drop in 30 years.The main reasons?Some suggest that other currencies like China's yuan or the euro could replace the dollar, but there are hurdles. The yuan isn't freely traded, and the eurozone still has internal differences.For years, US government debt was seen as one of the safest investments in the world. But now, experts are worried.Some now believe US bonds are no longer a guaranteed safe bet during global crises.When markets get shaky, investors turn to gold, and this time is no different. Gold prices have jumped nearly 30% this year, as people seek safety.Trump has also shown support for cryptocurrencies, helping to bring them into the mainstream. After his election win:Trump wanted lower oil prices to ease US inflation. In April, oil dropped below $60 per barrel, its lowest since 2021. But recent military tensions between Israel and Iran have pushed prices back up to around $75 per barrel. Global markets are reacting in all directions, and investors are watching closely to see what Trump does next.

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What Is 'Doomsday Plane' Spotted In US Skies Amid Iran-Israel Conflict
What Is 'Doomsday Plane' Spotted In US Skies Amid Iran-Israel Conflict

NDTV

time23 minutes ago

  • NDTV

What Is 'Doomsday Plane' Spotted In US Skies Amid Iran-Israel Conflict

New Delhi: As tensions continue to flare between Israel and Iran, and Washington ponders over potential military action against the Islamic Republic, one of the US' most secretive aircraft quietly entered the skies above the US capital. On the night of June 17, the E-4B Nightwatch — a hardened airborne command centre built to keep America's top defence and security officials operational during a nuclear crisis — made a flight to Joint Base Andrews. Known as the 'doomsday plane,' the aircraft was spotted by flight trackers taking an unusually circuitous route to Washington, triggering speculation about its timing and purpose. What is the E-4B Nightwatch? The E-4B Nightwatch is a militarised version of the Boeing 747-200. It was repurposed by the US military into a flying war room. It is formally known as the National Airborne Operations Center (NAOC) and is designed to function as a mobile command post during a nuclear conflict or national catastrophe. When ground-based communication or leadership infrastructure is compromised, the E-4B helps top American officials to continue coordinating operations from the sky. It functions as an airborne command centre, enabling the President, Secretary of Defense and Joint Chiefs of Staff to maintain command, control and communication capabilities during times of national emergency. Why is it called the 'doomsday plane'? The aircraft is built to withstand nuclear blasts, electromagnetic pulses (EMPs) and other extreme disruptions. It is often described as the 'flying Pentagon' because of its ability to operate as a command-and-control centre even in the event of full-scale war. The E-4B has an unrefuelled endurance of 12 hours, but with mid-air refuelling, it is known to have remained airborne for as long as 35.4 hours, according to a report in The New York Post. Is its recent flight a cause of concern? E-4B flights are not uncommon. They are conducted regularly to maintain operational readiness — this particular sortie stood out. As per data from flight tracking site FlightRadar, the aircraft departed Bossier City, Louisiana, shortly before 6 pm, local time, on June 17 and touched down in Maryland around 10 pm, The New York Times reported. What drew attention was the flight path, which curved along the eastern coastline and looped over Virginia and North Carolina before heading to Maryland. Even more unusual was the callsign — instead of the routine ORDER6, the aircraft used ORDER01. E-4B flight amid geopolitical tensions? The flight coincided with an escalation in the ongoing Israel-Iran conflict. US President Donald Trump has demanded Iran's 'unconditional surrender' as the conflict continues to escalate, according to AP. Iran's Supreme Leader, Ayatollah Ali Khamenei, issued a warning to the US, threatening 'irreparable damage' if it directly intervened. FlightRadar data showed two Iranian government aircraft departed the country's airspace on Wednesday for Oman. It fuelled speculation that Iranian officials might be evacuating amid rising tensions, or that urgent diplomatic talks were being arranged in Muscat, Oman's capital, reported The New York Post. How many E-4B aircraft are there? The United States Air Force operates four E-4Bs, all as part of the 1st Airborne Command and Control Squadron. At any given time, at least one aircraft is on high alert and ready for immediate deployment.

Israel-Iran Conflict: How another Middle East War is ripping MAGA apart - will Trump coalition survive?
Israel-Iran Conflict: How another Middle East War is ripping MAGA apart - will Trump coalition survive?

Time of India

time24 minutes ago

  • Time of India

Israel-Iran Conflict: How another Middle East War is ripping MAGA apart - will Trump coalition survive?

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The coalition that brought Trump back to power is now split, torn between instincts that fueled his rise. The Anti-War Wing: Carlson, Bannon, Greene, Gaetz—and the MAGA Grassroots Tucker Carlson: MAGA's Foreign Policy Firewall Carlson has emerged as the vocal anti-war leader within MAGA circles. He warned that war with Iran could end Trump's presidency. During a dramatic on-camera exchange with Senator Ted Cruz, he challenged his hawkish views by questioning basic facts about Iran—its population, its sectarian landscape—and called out what he sees as dangerous ignorance dressed up as resolve. To Carlson, this is Iraq 2.0. And allowing MAGA to shift toward intervention is nothing short of a betrayal. Tucker and Ted Cruz Get Into Heated Debate on AIPAC and Foreign Influence Steve Bannon: The Loyal Dissenter Bannon warned that a war with Iran could destroy the MAGA coalition. 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And Trump, ever the tactician, wants both. MAGA's Iraq Flashback: The Ghost That Haunts Them Still The language is all too familiar. Talks of WMDs. Warning of rogue regimes. Accusations of appeasement. MAGA was born in rebellion against this rhetoric. Trump won hearts by denouncing the Iraq War as a historic failure. Now, those ghosts are back. And the question is whether the movement has truly changed—or merely changed labels. The 2025 Test: Can MAGA Survive a Middle East War? Trump's current coalition—rooted in working-class values, suburban nationalism, and youth anti-establishment sentiment—says no to foreign adventures. Most polls show his base is wary of intervention. But a gamble remains: if Trump escalates, that coalition could fracture. The internal pressure is mounting. MAGA's future depends on whether it keeps its promise—or betrays the fierce anti-war impulse that helped redefine American politics in 2025. 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As US considers attacking Iran from Diego Garcia, will UK need to inform Mauritius in advance?
As US considers attacking Iran from Diego Garcia, will UK need to inform Mauritius in advance?

First Post

time24 minutes ago

  • First Post

As US considers attacking Iran from Diego Garcia, will UK need to inform Mauritius in advance?

As the United Kingdom has ceded the Chagos Islands to Mauritius, analysts are divided on whether the terms of the treaty would require the UK to inform Mauritius in advance about any military action from the Diego Garcia base, which is on one of these islands. read more The photograph shows military aircraft stationed at the joint US-UK base at the Diego Garcia island in the Chagos Islands archipelago. (Photo: AFP) As UK Prime Minister Sir Keir Starmer is discussing options about joining US military against in Iran, there are concerns that any UK operation may be compromised by the recent Chagos Islands deal. Last month, the United Kingdom signed a deal with Mauritius to transfer the sovereignty of Chagos Islands. Under the terms of the deal, the UK has leased the Diego Garcia island, for 99 years. The island houses a military base that the UK shares with the United States. STORY CONTINUES BELOW THIS AD There are concerns among analysts that the UK may be required to inform Mauritius in advance about any military mission launched from the Diego Garcia base. If this would be the case, any mission involving ships or planes at the base would be compromised. The Diego Garcia base, formally called the Naval Support Facility Diego Garcia, has housed submarines, ships, fighter planes, and bombers. B-2 bombers, which were stationed at the base in March, are one of the types of aircraft that the United States may use to strike Iran's underground nuclear sites. Will UK need to inform Mauritius about any operation? While analysts say that the terms of the deal are ambiguous, sources in the UK government have said that there is no scope of advance information. The Chagos Islands deal has said that the UK would need to 'expeditiously inform Mauritius of any armed attack on a third state directly emanating from the base on Diego Garcia'. The Daily Telegraph has reported officials as saying that any information to Mauritius would be given after the operation has concluded, not before launching it. However, not everyone agrees with this. Some have stressed that the terms in the treaty's text released by Starmer's government are ambiguous. Philippe Sands, an international lawyer who previously acted for Mauritius against the UK, has told the parliament that there were 'presumably different interpretations' of the treaty's text and there was a chance of Mauritius interpreting it as being notified before the attack. STORY CONTINUES BELOW THIS AD Irrespective of such concerns, Starmer's government would not notify Mauritius before any attack from Diego Garcia, according to i newspaper. The report further said that Mauritius does not hold any veto about military activities conducted from Diego Garcia.

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