1 / 34 Relevant items tagged with #Economics
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BRICS Approaching G20-Level Influence, Says Brazil’s Minister
[yesterday 3:30 AM] BRICS is gaining global traction, with plans for major 2025 meetings under Brazil’s leadership and a vision to rival G20 prominence while championing collaboration. BRICS Rising: Is It Set to Eclipse the G20 in 2025? Brazilian Foreign Minister…
Quid Pro Quo: El Salvador Scores $1.4 Billion IMF Credit by Scaling Back Bitcoin Activities
Michael Saylor Raves About the U.S.’s $10 Trillion World Reserve Digital Dollar Opportunity
[Dec 19 12:30 PM] Michael Saylor, co-founder and executive chairman of Microstrategy, has discussed the opportunity for the U.S. to make the dollar ubiquitous by building a regulatory framework that allows U.S. banks to issue their treasury-backed stablecoins…
Russian Official Declares BRICS Payment System a Real Alternative to US Dollar
[Dec 19 3:30 AM] A top Russian official has declared plans for a BRICS payment system “not hypothetical,” signaling a shift toward reducing reliance on the dollar through alternative financial mechanisms. A New Era? Russia Claims Feasibility of BRICS Payment…
Russian Settlements Face Another Blow: U.S. Treasury Hints at Sanctions Against Chinese Banks
[Dec 17 11:30 AM] U.S. Treasury Secretary Janet Yellen recently referred to the possibility of enacting sanctions against Chinese banks as the U.S. prepares to deepen its measures to weaken the Russian economy. This could affect trade settlements between Russia and…
Currency Wars Are Brewing: The Seeds of a Global Financial Spiral Are Being Sown
[Dec 17 4:30 AM] “The seeds of a currency war are already being sown,” an expert has warned, as Trump’s policies risk inflaming devaluations, dollar volatility, and global economic instability. Currency Wars Loom as Trump’s Policies Threaten Global Market Stabilit
Russian State Duma Deputy Chairman Calls out Tariff Bluff, Remarks on Digital Currencies’ Role in Freeing International Trade
[Dec 16 10:30 AM] Alexander Babakov, Deputy Chairman of the Russian State Duma, called out President-elect Trump’s recent threats regarding the hypothetical implementation of a 100% tariff regime on the BRICS bloc, stating that such an application was…
EU Seizure of Russia’s Assets Could Erode Euro’s Reserve Status
[Dec 13 4:30 AM] Seizing Russia’s frozen assets risks catastrophic fallout, including collapsing trust in global financial systems, destabilizing the euro, and sparking severe retaliatory measures. Confiscating Russia’s Assets Could Backfire Catastrophically…
BRICS Retaliation Ahead? Expert Predicts US Tariff Fallout
[Dec 10 3:30 AM] BRICS nations brace for a global economic standoff as U.S. tariff threats spark concerns about trade retaliation and geopolitical tensions, reshaping international alliances. BRICS Retaliation Inevitable: Expert Predicts Clash Over US Tariffs BRICS…
Robert Kiyosaki Predicts Historic Crash: Sell Homes, Stocks, and Bonds Before It’s Too Late
[Dec 10 2:30 AM] Rich Dad Poor Dad author Robert Kiyosaki warns of an imminent economic collapse, urging swift action as baby boomers risk devastating losses in homes, stocks, and bonds. Robert Kiyosaki: Biggest Crash in History Will Hit Boomers Hard—Act Now…
Bitcoin, gold and silver are in a strong bull market: Veteran trader explains why
[Dec 9 2:20 PM] 1971 Capital chief investment officer Brian Russ says Ethereum is undervalued and that Bitcoin, gold and silver are in a long bull market.
Strategic Bitcoin Reserve Speculation Grows: Initiatives Allegedly Greenlit by Four Nations
[Dec 9 12:30 PM] David Bailey, CEO of BTC Inc. and advisor to President-elect Trump’s campaign, has revealed that four undisclosed nations have agreed to establish strategic bitcoin reserve initiatives, hinting at the future organization of a Bitcoin G7…
Immoral and Unconstitutional: D.O.G.E. Advisor Ron Paul Calls for the Elimination of Foreign Aid
[Dec 9 10:30 AM] .Ron Paul, former presidential candidate and soon-to-be-appointed advisor to Elon Musk’s D.O.G.E., has called for the elimination of foreign aid, labeling it as immoral and unconstitutional. Vivek Ramaswamy, co-head of the department, agreed…
Russian Oil Chief Warns Gold Will Be US Dollar’s Biggest Rival
[Dec 7 4:30 AM] Gold is emerging as a rival to the U.S. dollar in global trade, with sanctions driving change, according to a top Russian energy executive. Gold vs Dollar: The Ancient Rival Poised to Rewrite Global Settlements Igor Sechin, CEO of Rosneft…
Economist Jim Rickards on Trump’s Tariff Threats: ‘BRICS Already Has a Common Currency’
[Dec 6 11:30 AM] Jim Rickards, an economist and best-selling author, has referred to the effects that the announced Trump tariff threat might have on the BRICS bloc. He explained that while the organization is not planning to issue a common currency, it already has…
Putin Profiles Digital Currencies as Possible Settlement Rails for a BRICS Investment Platform
[Dec 5 11:30 AM] Russian President Vladimir Putin has referred to digital currencies as part of the settlement instruments for the planned BRICS investment platform. Putin stated that work on this platform had already begun, and that these digital assets might have…
Trump Effect: Yuan Continues Free Fall as Tariff Threats Grow
[Dec 5 9:30 AM] The tariff threats from President-Elect Trump against countries with issues with the U.S. are negatively affecting these nations’ currencies. The Chinese yuan has experienced a continuous decline, causing it to hit its lowest price in the…
Prelude to Currency War? Trump Threatens 100% Tariffs to BRICS Countries Abandoning the ‘Mighty’ Dollar
[Dec 1 12:30 PM] President-Elect Trump has threatened countries of the BRICS bloc leaving the dollar standard with 100% tariffs, applying the same playbook implemented against China, Mexico, and Canada. Trump remarked the U.S. would not stand and watch the bloc…
BRICS Alliance Expands: Russia Confirms No Partner Declines
[Dec 1 5:30 AM] BRICS expansion is progressing without setbacks, as no invited countries have declined partnership offers, with the finalized list expected before year-end, Russian officials confirm. BRICS Expansion Gains Momentum: No Declined Invitations Russia…
‘Point of No Return:’ BRICS Profiles Native Payments System for a ‘Global Majority’
[Nov 30 12:50 AM] Sergey Ryabkov, deputy foreign minister of Russia and BRICS Sherpa, reinforced that the BRICS bloc had reached a point of no return in the process of adopting a native and independent payments system. Ryabkov stated that the plans had already been…
Ruble Plunges to New 2024 Low After US Imposes Sanctions Targeting Russian Banks
[Nov 28 8:20 PM] The Russian ruble weakened after the U.S. imposed new sanctions on Russian banks. Europe Reduces Reliance on Russian Gas The Russian ruble fell to its lowest level since March 2022 after the U.S. imposed sanctions on 50 Russian banks, further…
US National Debt Reaches $36 Trillion: What It Means for Bitcoin
[Nov 26 11:30 PM] The U.S. Treasury Department recently reported that the national debt had surpassed the $36 trillion mark, reaching an all-time high. Analysts have spoken about the positive effects of a rising debt trend on bitcoin and how it would eventually…
Rate Cut Roulette: Bettors and Analysts Divided on Fed’s Next Step
[Nov 24 5:05 PM] Based on current data, 24 days before the upcoming Federal Open Market Committee (FOMC) meeting, there’s a 52.7% likelihood of a quarter-point rate cut, according to CME Group’s Fedwatch tool. Markets Signal Mixed Messages Ahead of FOMC Meeting The…
Counterpunch: Russia Reveals Plan to Utilize Frozen Western Assets
[Nov 22 9:30 AM] Russia has revealed that it will respond in kind to the actions of Western governments, which are preparing to make a $50 billion loan to Ukraine collateralized by frozen Russian assets, potentially escalating this conflict. Russia Preparing…
Trump Effect: China Considering Backpedaling on Bitcoin Policy
[Nov 22 8:30 AM] Reports indicate that China is considering changing its negative stance toward bitcoin and cryptocurrency, as the next U.S. administration adopts a more open policy toward the cryptocurrency industry. This shift would be a direct result of…
Coinbase CEO States Elon Musk’s D.O.G.E. Is a ‘Once-in-a-Lifetime Opportunity’ for Economic Freedom
Renowned Investor Jim Rogers Warns ‘America First’ Policy Will Trigger ‘Biggest Recession Ever’
Breaking BRICS: Analyst Warns of Trump’s Bid to Weaken Global Alliance
[Nov 16 2:30 AM] Trump’s foreign policy will target BRICS as its main adversary, aiming to disrupt the coalition and counter the influence of China and Russia, an analyst predicts. Analyst Sees the Battlefields of Trump’s Vision to Reshape Global Power At a…
Hashkey CEO: Trump’s Crypto Push Could Force China to Pivot
[Nov 15 6:30 PM] Xiao Feng, CEO and Chairman of Hashkey, one of the few licensed crypto exchanges in Hong Kong, believes that Trump’s support for the cryptocurrency sector could accelerate a pivot from anti-crypto policies in China. Hashkey CEO: China Might…