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 serve as a facilitator to try and arrange BRICS bloc assistance for Argentina. Lula stated that the New Development Bank — the BRICS bank — could modify some of its rules

US Banking Industry in Turmoil: A Comprehensive Look at the ‘Great Consolidation’ and Largest Bank Failures of 2023

2023 has been a rollercoaster ride for the U.S. Bankenindustrie. The collapse of three major banks has sent shockwaves through the financial world, with their combined assets surpassing the top 25 banks that crumbled in 2008. The following is a

Economist Peter Schiff Warns of Stagflation in US Economy — Says ‘It’s Going to Get Worse’

Economist Peter Schiff has warned that the U.S. economy is facing stagflation and the situation is going to get worse. “Not only is the economy weakening, but inflation is strengthening,” betonte er, betonen: “You have the worst of both worlds.” UNS….

EZB-Präsidentin Lagarde warnt vor einer „großen Katastrophe“, wenn die USA mit Schulden zahlungsunfähig werden

There is a lot of discussion lately about the U.S. government’s debt ceiling and whether Congress will act before defaulting. In einem aktuellen Interview, Christine Lagarde, the president of the European Central Bank (EZB), said she is confident the U.S. kann…

Wirtschaftswissenschaftler und Politikwissenschaftler widerlegen Behauptungen über den Niedergang des US-Dollars trotz Trend der De-Dollarisierungsnachrichten

Dieses Jahr, In einer Welle von Enthüllungen im Zusammenhang mit dem BRICS-Block gab es eine Flut von Nachrichtenberichten und Leitartikeln, in denen ein angeblicher Entdollarisierungstrend diskutiert wurde. In einem aktuellen Artikel, betonte der amerikanische Politikwissenschaftler und Autor Ian Bremmer…

Former President Donald Trump Likens US Losing Currency War Against China to America Losing a World War

Former U.S. President Donald Trump has warned that the U.S. losing a currency war against China would be like America losing a world war. “We’ll be a second-tier country,” Trump cautioned, adding that the U.S. dollar iswhat makes us powerful

Crypto Exchange Bitrue Suffers $23 Million Hack

Singapore-based crypto exchange Bitrue has lost millions of U.S. Dollar’ worth of ether and other coins in a hack. The trading platform suspended withdrawals until early next week to conduct additional security checks and promised to compensate the affected users. Bitwahr…

US Dollar Could Lose Most of Its Value in 5 Jahre, Investment Manager Warns

Investment manager Larry Lepard has warned that the U.S. dollar could lose most of its value within five to 10 Jahre. Following the onset of the Russia-Ukraine war, “die USA. did something which I perceived to be very stupid, welches ist…

Rogue Validator Exploits MEV Bots on Ethereum, Resulting in $25.3M in Crypto Losses

Im April 3, 2023, at Ethereum block height 16,964,664, a group of MEV (Maximal Extractable Value) bots were exploited for $25.3 Million. An analysis of the exploit revealed that a renegade validator switched the MEV botstransactions and seized various crypto

Binance Sued by CFTC for Alleged Violations of Trading and Derivatives Rules

Die Welt’s largest crypto exchange by trade volume, Binance Holdings Ltd., has been sued by the U.S. Kommission für den Handel mit Warenterminkontrakten. Binance CEO Changpeng Zhao has been named in the lawsuit and the charges claim the crypto exchange broke several trading