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Jan 24 2023

Casting Stones From a Glass House: Yellen’s Comments on Zambia’s Debt Restructuring Draw Criticism From Chinese Embassy

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The Chinese embassy in Zambia denounced the United States over its… More…

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Jan 24 2023

Ghanaian Cedi Second Worst-Performing Asset Among Sub-Saharan Africa’s Top 15 Currencies

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In just the first 17 days of the new year, the Ghanaian currency reportedly… More…

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Jan 24 2023

Brazil and Argentina to Start Working on Creation of Latam Common Currency

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Brazil and Argentina are looking to begin work on the issuance of a … More…

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Jan 23 2023

Economist Mohamed El-Erian Predicts ‘Sticky’ Inflation Despite Federal Reserve’s Efforts to Bring it Down

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As investors examine the next move of the Federal Reserve, analysts,… More…

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Jan 21 2023

Morgan Stanley CEO Says Inflation Has Peaked and China Has Made a Major Pivot

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Morgan Stanley CEO James Gorman says two changes have happened recently… More…

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Jan 21 2023

All Eyes on the Next Fed Meeting: Market Trajectories Hinge on Decision

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Equities, precious metals, and cryptocurrencies have been on a tear… More…

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Jan 21 2023

Switzerland Less Affected by Crypto Industry Crisis, Study Finds

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While the global industry built around digital assets is losing funds… More…

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Jan 19 2023

Saudi Arabia Open to Trading in Currencies Other Than US Dollar, Signaling a Shift Toward De-Dollarization

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After a 48-year relationship solely with the U.S. dollar, Saudi Arabia’s… More…

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Jan 19 2023

Saudi Arabia Open to Trading in Currencies Other Than US Dollar, Signaling a Shift Toward De-Dollarization

alternative currencies Bloomberg TV Brazil brics China crown prince Mohammed bin Salman Currency Currency diversification currency substitution Davos. de-dollarization decoupling dollar substitution Economics Finance Minister Gulf monarchs hegemony India Joe Biden Mohammed Al-Jadaan monetary independence monetary policy autonomy monetary system reform OIL opec petrodollar Richard Nixon Russia Saudi Arabia Saudis South Africa sovereignty strategic relationship Trade Treasury bonds US Dollar William Simon World Economic Forum Xi Jinping Yuan
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After a 48-year relationship solely with the U.S. dollar, Saudi Arabia’s… More…

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Jan 18 2023

Nearly $1 Billion Poured Into Egypt’s Forex Market — Local Currency Now World’s Worst Performing Currency in 2023

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The Egyptian central bank recently claimed that its decision to devalue… More…

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