BRICS New Development Bank Ditching US Dollar by Offering Loans in Local Currencies
The New Development Bank (NDB) established by the five-member BRICS group is offering loans in local currencies, part of its efforts ...
Monday, October 28, 2024
Tag: Lede
Kiss Your Autonomy Good Bye: One-World Digital Currency Receives Endorsement to Replace Fiat Money
On April 10, the Digital Currency Monetary Authority (DCMA) announced the launch of a new global central bank digital currency, or CBDC, ...
5 Economic Disasters We Were Warned About in Advance That Are Happening Right Now
Our leaders were able to successfully kick the can down the road for a long time, but now many of ...
JPMorgan Posts Record Revenue and 52 Percent Profit Jump
JPMorgan Chase posted record profits and an overall boost in revenue in the first quarter, in the face of recent turmoil ...
Rise of the Petroyuan: The End of the Petrodollar’s Reign and the Impact on Global Markets
Did you know that central banks bought more gold last year than any year in the past 55 years—since 1967? ...
Ex-Treasury Secretary Predicts ’70 Percent’ Chance Recession Begins This Year
A recession is most likely right around the corner, said a former Clinton and Obama administration official in a Sunday ...
What If the Dollar Falls?
The past few weeks, major countries have been moving away from the US dollar, raising doubts about the dollar’s long-dominant ...
Here’s Why Investing in Gold Is a No-Brainer
Something is happening with gold, and it isn’t just against the dollar as it is all strong and muscly in ...
U.S. Fiscal Path “Unsustainable” With $39T in Liabilities
The U.S. holds $39 trillion in liabilities while only having $4.9 trillion in assets, leading the Department of the Treasury ...
Gold Tailwinds Rising as It Enters Real-Yield Sweet Spot
By Simon White, Bloomberg Markets Live reporter and strategist, cross-posted from Zero Hedge. Real yields should provide an even greater ...
