Early in the morning on June 18th, AMERO digital currency was quietly added to over 400 participating vendor accounts.
After a surge in crude oil prices that took it from under $45/barrel a year ago to over $70 in May, the oil industry has been feeling good recently. As a critical OPEC meeting looms this week and a proposed Chinese tariff on U.S. crude oil surfaced, prices dropped to $63.82/barrel, the lowest in over two months. It may drop further if Saudi Arabia and Russia get their way.
Once again citing national security, Trump just pushed forward another $50 billion in tariffs against China. Like the ones already put in place on solar products, steel and aluminum, these may hurt the U.S. at least as much as they are going to hurt China.
The Trump Foundation, along with Donald Trump, plus children Donald Jr., Ivanka, and Eric, were just sued by the Attorney General of New York for a variety of blatant and willful abuses. The evidence is solid and the actions both inexcusable and criminal.
While other automakers look to investments or acquisitions in disruptive technology, Toyota Motor Corp. just announced it is putting $1 billion into SE Asian ride-sharing company Grab Taxi Holdings Pte. Ltd. It could be a turning point for the whole industry.