Economics

Report Reveals East Is Challenging West’s Long-Standing Gold Pricing Dominance

A new report unveils a surge in gold acquisitions by Eastern nations,… More…

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Indian Official: De-Dollarization Remains Distant, Rupee Should Become Dominant Currency

India’s oil and gas minister says de-dollarization is a long way away.… More…

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US Dollar Dominance in Global Payments Strengthens, SWIFT Data Shows

The U.S. dollar’s dominance in global payments has strengthened,… More…

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Economist Peter Schiff Warns of ‘Full-Blown Financial Crisis’ Hitting US Economy Before Fed Reaches Inflation Target

Economist Peter Schiff has warned about an impending “full-blown… More…

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South African Official: Common Currency Requires Central Bank, Threatens Monetary Policy Independence

South Africa’s minister of finance has explained why he believes … More…

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Powell: More Rate Hikes May Be Needed to Curb Inflation

The chairman of the U.S. Federal Reserve, Jerome Powell, warned on… More…

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Ministry of Economic Development of Russia Pessimistic About Quickly Advancing BRICS Common Currency Proposal

The Ministry of Economic Development of Russia does not expect the… More…

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BRICS Leaders Declare Importance of Using Local Currencies in International Trade

The BRICS leaders stress “the importance of encouraging the use of… More…

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BRICS Invites 6 Countries to Join, Including Saudi Arabia, UAE, Iran

The BRICS economic bloc has invited six countries to become new members:… More…

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S&P Downgrades 5 Regional US Banks Amid Challenging Banking Environment 

On Monday, S&P Global Ratings slashed ratings for five U.S. regional… More…

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