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  • Mar 03, 2025

Five Charts to Watch in Global Commodity Markets This Week

(Bloomberg) -- Warren Buffett is upping his bets in Japan after trading houses relaxed the ceiling on his company’s holdings. US President Donald Trump is aiming to make good on plans to levy tariffs on Mexico, Canada and China, just as the country plans to import more agricultural goods than ever. And Germany’s newly elected leadership has a lingering power problem waiting for them. Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyHow Upzoning in Cambridge B

  • Mar 03, 2025

Bitcoin surges 20% in 3 days as Trump makes a big crypto promise

Just last week, Bitcoin was deep in the red, sinking below $80,000. But in a dramatic turnaround, the leading cryptocurrency has surged over $14,000, thanks in large part to President Donald Trump. Over the weekend, Trump announced plans to create a strategic crypto reserve, shifting gears from his earlier promise to stockpile Bitcoin.

  • Mar 03, 2025

Exclusive-Kazakhstan hikes oil output to a record high of 2.12 million bpd in February, source says

Kazakhstan raised crude oil and gas condensate production in February by 13% from January to a record high 2.12 million barrels per day, a source told Reuters on Monday, again exceeding its quota within the OPEC+ group of oil producers. Excluding gas condensate, a type of light oil, crude oil production jumped last month by 15.5% from January to 1.83 million bpd, according to the source familiar with the official statistics, and Reuters calculations, which take into account Kazakhstan's tons per barrel ratio of 7.5. Kazakhstan has persistently exceeded its output quota of 1.468 million bpd under the production-curbing deal struck by the Organisation of the Petroleum Exporting Countries and allies including Russia - together known as OPEC+.

  • Mar 03, 2025

Gold-for-Oil Program Suspended by Ghana’s Central Bank Boss

(Bloomberg) -- Ghana’s new central bank chief has suspended the West African nation’s program of paying for oil with gold and said he expects the cedi to stabilize after it’s volatility of last year.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityNYC Office Buildings See Resurgence as Investors Pile Into BondsHong Kong Joins Global Stadium Race With New $4

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