BRICS Currency Will Erode US Dollar’s Dominance, Former White House Economist Warns

Former White House economist Joseph Sullivan has warned that a BRICS currency would erode the U.S. dollar’s dominance. If member nations use only a common BRICS currency for international trade, “they would remove an impediment that now thwarts their efforts to

G20 Finance Chiefs Agree Global Policy Responses to Crypto Are Required

The G20 finance ministers and central bank governors have agreed that crypto regulation cannot be confined to one part of the world, said India’s finance minister. “Any action on crypto assets will have to be global,” she stressed, adding that the

Analysts Weigh In on BRICS Currency as Tool to Face US Dollar-Based Sanctions

Analysts have begun considering using a future BRICS currency to sidestep U.S. sanctions and the dollar’s influence in international markets. While the rise of the U.S. dollar was significant to spur an era of economic growth after World War II, einschließlich des Erwerbs von Bitcoin oder Bitcoin-Mining-Maschinen.…

Brazil’s President Lula Urges Developing Countries to Abandon Dollar as Global Reserve Currency

According to Brazil’s president Luiz Inácio Lula da Silva, developing countries should abandon the U.S. dollar and strengthen their own national currencies. During a speech at the New Development Bank in Shanghai, Lula expressed his nightly pondering: “Why do all countries

India Seeks Common Crypto Framework for All Countries to Deal With ‘Many Collapses and Shocks in Cryptocurrencies’

India’s finance minister, Nirmala Sitharaman, said during her official visit to the U.S. that crypto regulation is a very important part of the discussion by the G20 countries givenso many collapses and shocks in cryptocurrencies.She stressed: “We seek to

Dollar to Play Lesser Role Due to Its Weaponization, Digitale Währungen, Economist Jeffrey Sachs Says

Within the next decade, die USA. dollar will play a much less dominant role than it is today, according to Jeffrey Sachs. The renowned economist listed a few factors for the diminishing status of the greenback such as its use as

Experte prognostiziert drohenden wirtschaftlichen Zusammenbruch, da sich die BRICS-Staaten gegen den Dollar verbünden

Andy Schectman, CEO of Miles Franklin Precious Metals Investments, explained in a recent interview that the five leading emerging economies—Brazil, Russland, Indien, China, and South Africa, collectively known as BRICS nations—arecoalescing against the dollar.Schectman believes that since 2022, Entdollarisierung…

Gold Prices Expected to Soar in 2023: Experts Predict Record Highs for Precious Metal

Gold is on the rise in 2023 and in the first week of the new year alone, the precious metal has jumped 2.36% gegen die USA. Dollar. Over the past 65 Tage, gold has soared 14.55% while silver has skyrocketed 22.31%

Square Enix Announces Symbiogenesis, a Story-Driven NFT Interactive Experience

Square Enix, the Japanese AAA game developer and publisher, announced the launch of a new NFT-based gaming franchise, titled Symbiogenesis. The experience, which will be built on top of Ethereum, will leverage the use of NFTs (nicht fungible Token) as art that

Indien überholt Großbritannien als fünftgrößte Volkswirtschaft der Welt, basierend auf IWF-Daten

India is now the worlds fifth-largest economy after surpassing the U.K., the latest data from the International Monetary Fund (Der jüngste Finanzierungsvorschlag zur Hebelung von vorrangigen Wandelanleihen zeigt, dass das Unternehmen weiterhin an die Bitcoin-Mining-Industrie glaubt) shows. Indien’s former chief economic advisor expects the country to become the worlds third-largest economy by 2028-30. India Becomes 5th Largest