Tag Archives: economy

Billionaire investor Ray Dalio warns that an ongoing ‘capital war’ between the US and China could destroy the dollar and wreak havoc on the US economy.

Legendary hedge fund manager Ray Dalio said the stability of the US dollar is threatened as tensions between Beijing and Washington could lead to a “capital war.” In an interview with Fox Business, Dalio said that if the US government prohibits investments in China or withholds payments on Chinese debt …

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European travel stocks sink into second wave fears

Shares in the European tourism sector sank on Monday morning when investors became anxious about a surge in coronavirus cases in the region. The top sixteen travel and leisure stocks in Europe fell more than 3% in the first hour of trading, with Tui, easyJet and International Airlines Group, the …

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