Charles Benavidez

Staff Writer, Safehaven.com

Contributor since: 27 Feb 2018

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• Vatican Banking Gets A Dose Of Transparency

  Published 04 December 2018 | viewed 337 times

  After decades of financial scandal and nearly 10 years of reform, the Vatican is taking a big leap toward transparency by joining the European banking…

• Tariff Troubles Are Bankrupting American Farms

  Published 29 November 2018 | viewed 1,172 times

  A total of 84 farms in the Midwest have filed for chapter 12 bankruptcy protection over the 12 months ending in June, according to a…

• China’s “Singles’ Day” Sees $31 Billion In Sales

  Published 13 November 2018 | viewed 437 times

  China’s Alibaba e-commerce giant launched the ‘Singles Day’ shopping event in 2009, with $7.8 million in sales. The same event in 2017 brought in over…

• Mexico Moves To Legalize Recreational Marijuana

  Published 09 November 2018 | viewed 919 times

  Mexico’s new populist government, whose president-elect Andres Manuel Lopez Obrador officially takes office on 1 December, is poised to put a new spin on the…

• Can The U.S. Afford The Geopolitical Consequences Of Iranian Sanctions?

  Published 06 November 2018 | viewed 710 times

  Turkey was granted a waiver for Iran sanctions on Monday, and a day later, Turkish President Tayyip Erdogan says the country won’t be complying in…

• U.S. Consumers Hit Hard By Tariff War

  Published 29 October 2018 | viewed 655 times

  While the world waits for shipping data on $216 billion in Chinese goods subject to U.S. tariffs, data from the first round $34-billion round of…

• Saudi Stocks Plummet As Foreign Investors Bail

  Published 23 October 2018 | viewed 809 times

  Over $1 billion has vanished from the Saudi stock market, as foreign institutional investors wash their hands of what is rapidly becoming equated with blood…

• $100M Saudi Payment For Syria Fails To Help ‘Davos in the Desert’

  Published 18 October 2018 | viewed 786 times

  Money has always been the most powerful advantage of the Saudis, and the disappearance of prominent, self-exiled Saudi journalist Jamal Khashoggi following a visit to…

• Saudi Business At Stake Over Journalist Murder Allegations

  Published 16 October 2018 | viewed 660 times

  Alleged murder isn’t great for business—and alleged dismemberment is even worse, as the Royal Kingdom is now learning, with billionaire Virgin Galactic founder the most…

• Ford Continues To Struggle As Trade War Escalates

  Published 10 October 2018 | viewed 2,445 times

  With car sales down, trade tariffs biting and investors trying very hard to see what the long-term plan is here, Ford stock is down nearly…

• Erdogan Turns His Back On The IMF As Lira Crisis Worsens

  Published 08 October 2018 | viewed 814 times

  Inflation in Turkey has hit almost 25 percent, the lira is still in crisis mode and the Central Bank remains way behind the inflation curve,…

• The New NAFTA Ends American Trade Drama

  Published 01 October 2018 | viewed 1,429 times

  After 14 months of wrangling and talk that Canada would be excluded from a new version of NAFTA, the drama is over, and a new…

• How Climate Change Is Impacting Global Hunger

  Published 19 September 2018 | viewed 1,329 times

  For the third consecutive year, global hunger has gotten worse, and this year the numbers have hit their highest since 2009, with the United Nations…

• Coca-Cola Hints At Cannabis Product

  Published 18 September 2018 | viewed 962 times

  Less than a month away from the official launch of legalized recreational marijuana in Canada, some of the biggest names in beverages are scrambling to…

• $2.7 Billion In Assets To Be Auctioned Following Anti-Corruption Crackdown

  Published 17 September 2018 | viewed 1,509 times

  Detained Saudi billionaire Maan al-Sanea of the Saad Group will see his real estate auctioned off to cover unpaid debts after his company defaulted in…

• Morgan Stanley: The Emerging Market Meltdown Has Just Begun

  Published 05 September 2018 | viewed 2,485 times

  Emerging markets have been red-hot in the Jan 2016-Jan 2018 period, as evidenced by the large emerging markets-tracking ETF EEM, which managed to nearly double…

• What Does Capitalism Look Like In North Korea?

  Published 28 August 2018 | viewed 759 times

  A bit of capitalism flows in any society, even North Korea. It’s a natural offshoot of the human condition—that drive to survive self-sufficiently; that uncontrollable…

• Investors Grow Weary Of Chinese Tech ETFs

  Published 27 August 2018 | viewed 1,051 times

  The latest volleys in the U.S.-China trade war are taking a toll on Chinese tech stocks, and the most important ETF, iShares China Large-Cap (FXI),…

• Investors Flee Emerging Markets Amid Lira Crisis

  Published 13 August 2018 | viewed 742 times

  Turkey’s stock exchange closed down today, with the benchmark BIST 100 index losing 2.4 percent, taking financial stocks for a harsh ride as the lira…

• Trump Administration Offers Alternative To ‘One Belt, One Road’

  Published 01 August 2018 | viewed 1,633 times

  The Trump administration has announced a plan to offer Asian countries an alternative to China’s ‘One Belt, One Road’ initiative, which could have been subdued…