Dollar Slides After Bank Failures
On the heels of a Goldman Sach’s forecast that the US Federal Reserve will likely bring its rate hikes to a halt following the sudden onset of the banking crisis,…
Trends Make The Portfolio
On the heels of a Goldman Sach’s forecast that the US Federal Reserve will likely bring its rate hikes to a halt following the sudden onset of the banking crisis,…
On Monday, Kommersant, the Russian business news outlet reported that the Chinese yuan has overtaken the US dollar as the most traded currency on the Russian stock market for the…
As India and Sri Lanka look to strengthen their ties through trade and investments, they have now begun discussing shifting from the usage of dollars in settlements to using the…
Reuters is reporting that Iraq’s central bank has announced this week that it is close to settling the nation’s trade with China in yuan. The report noted, the central bank…
Robert Kiyosaki, the famous economist and co-author of Rich Dad, Poor Dad, is issuing a warning to investors that we are on the cusp of a major market crash, after…
In an interview with RIA Novosti on Tuesday Russia’s ambassador to Bolivia, Mikhail Ledenev, revealed that Russia and Bolivia have agreed to begin trading in their local currencies. The move…
Ankara and the Kremlin are now working to develop an alternative payment system to replace Russia’s Mir system, after the United States threatened Türkiye with sanctions for facilitating the use…
On Monday, Leonid Mikhelson, CEO of Russia’s largest independent gas producer Novatek, announced his company is in talks with India, negotiating long-term contracts for the supply of liquified natural gas…
Renowned economist Nouriel Roubini, who accurately predicted the global financial crisis of 2008, said in an article in the Financial Times on Sunday that the US dollar’s status as the…
Former White House official Paul Craig Roberts is warning that as more nations all over the globe move away from using the dollar in energy trade, the consequences for the…