Economics

Chinese Yuan to Replace US Dollar as World’s Reserve Currency, Says Russian Banker

Russia’s second-largest bank’s chairman says there is every… More… The post Chinese Yuan to Replace US Dollar as ...

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Russian State Duma Chairman: ‘US National Debt Is a Global Financial Pyramid’

Vyacheslav Volodin, chairman of the Russian State Duma, the lower… More… The post Russian State Duma Chairman: ‘US ...

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Rich Dad Poor Dad Author Robert Kiyosaki Says America Is Bankrupt Amid US Debt Crisis

Rich Dad Poor Dad author Robert Kiyosaki says America is bankrupt … More… The post Rich Dad Poor ...

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Treasury Secretary Yellen Revises Debt Default Date: US Government Could Exhaust Funds by June 5

U.S. Treasury Secretary Janet Yellen has updated her projection … More… The post Treasury Secretary Yellen Revises Debt ...

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China’s Credit Agency Downgrades US Credit Rating Over Debt-Ceiling Standoff and Looming Default

China’s oldest credit rating agency, Chengxin International… More… The post China’s Credit Agency Downgrades US Credit Rating Over ...

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Argentina to Expand De-Dollarization Efforts; Seeks Extension of Yuan Based Swap Line With China

The government of Argentina is reportedly seeking to expand its de-dollarization… More… The post Argentina to Expand De-Dollarization ...

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Xi Jinping and Putin Discuss BRICS Cooperation With Brazil’s President

Chinese President Xi Jinping and Russian President Vladimir Putin… More… The post Xi Jinping and Putin Discuss BRICS ...

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Moody’s on De-Dollarization: Rating Agency Labels US Debt Default a ‘Near-Term Danger to the Dollar’s Position’

As calls for the creation of a global alternative to the greenback … More… The post Moody’s on ...

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Market Outlook: CME Fedwatch Tool Points to Increased Chance of June Rate Hike

According to the CME Group Fedwatch tool on Thursday, there was a 51%… More… The post Market Outlook: ...

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Putin Believes Decentralization Will Help Global Economy Be More Resilient

Russian President Vladimir Putin has stated that the decentralization… More… The post Putin Believes Decentralization Will Help Global ...

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