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Finance & Markets

US Treasury Secretary Bessent Says Strait of Hormuz to Be Bypassed in 2 Years

The claim that U.S. Treasury Secretary Scott Bessent said the Strait of Hormuz will be bypassed within two years and become “worthless” is factually accurate. Bessent made this statement on September 1, 2026, in Asheville, North Carolina, during the G20 finance ministers’ meeting. Speaking during a fireside chat with Larry Kudlow, Bessent stated, “That will [...] The post US Treasury Secretary…

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Forex Today: Enter the US labour market

The US Dollar (USD) has managed to leave behind the negative start to the week and regained balance on Tuesday. The recovery has come on the back of a generalised recovery in US Treasury yields and…

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