Economics

US Banking Crisis Looms as ‘Credit Tightening’ Mentions Reach Record Highs on Company Calls

Recent data reveals that while the banking industry in the U.S. is … More… The post US Banking ...

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Argentine Foreign Minister Says a Latin American Common Currency Would Relieve Argentina’s Stress on the Dollar Issue

Argentine Foreign Minister Santiago Cafiero referred to the advantages… More… The post Argentine Foreign Minister Says a Latin ...

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Brazilian President Lula to Act as BRICS Liaison to Help Argentina, Discusses Credit Line in Brazilian Reals

Brazilian President Luiz Inacio Lula da Silva stated Brazil will … More… The post Brazilian President Lula to ...

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Iran Seeks BRICS Membership to Counter Western Hegemony, Promote Multipolar World, Says President Raisi

Iranian President Ebrahim Raisi has condemned the current unipolar… More… The post Iran Seeks BRICS Membership to Counter ...

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Biden Aides Explore Minting $1 Trillion Platinum Coin as Solution to Impending Debt Default

As the United States stares down the barrel of a potential debt default… More… The post Biden Aides ...

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Russia Projected to Start Purchasing Chinese Yuan for Its Foreign Reserves as Soon as May

Russia will start to purchase Chinese yuan for its international … More… The post Russia Projected to Start ...

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IMF Chief Warns of More Weaknesses in US Banking Sector — Sees ‘Gradual’ Shift Away From US Dollar

International Monetary Fund (IMF) Managing Director Kristalina… More… The post IMF Chief Warns of More Weaknesses in US ...

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Robert Kennedy Jr Warns of Mega Economic Crisis — Says ‘It’s Not Just the Banks’

U.S. Presidential Candidate Robert F. Kennedy Jr. has warned that… More… The post Robert Kennedy Jr Warns of ...

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Federal Reserve Raises Interest Rate by 25bps, Insists ‘US Banking System Is Sound and Resilient’

The U.S. Federal Reserve, in conjunction with the Federal Open Market… More… The post Federal Reserve Raises Interest ...

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Russia Monitoring US Economy Amid Possible Default, Says Official

Russia is closely monitoring the U.S. economy amid discussions of… More… The post Russia Monitoring US Economy Amid ...

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