Saudi Arabia Joining BRICS Would Accelerate Chinese Yuan’s Use as Trading Currency, Says Professor

Professor Ashok Swain of Uppsala University’s Department of Peace and Conflict Research says Saudi Arabia joining the BRICS economic bloc “would accelerate the bilateral trading being conducted using the yuan as the trading currency. ” How Saudi Arabia Joining BRICS Could Boost

Syria Urges BRICS to Lead in Ditching Dollar, Talks Yuan Adoption With China

BRICS nations can lead efforts to abandon the U.S. dollar in international settlements, according to President Bashar Assad of Syria. At a meeting with China’s top diplomat for the region, the leader of the war-torn Middle Eastern country called for using

Economists Expect the Fed to Reveal Another 25bps Rate Hike Before Pausing for the Rest of 2023

After the March rate hike by the Federal Reserve, economists believe that the recent move by Saudi Arabia and several members of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production could complicate the central bank’s mission. Además,…

Saudi Arabia Strengthens Bond With China by Joining SCO Bloc as Dialogue Partner

China’s relationship with Saudi Arabia is growing as the country’s Cabinet has agreed to join the Shanghai Cooperation Organization (SCO). The diplomatic move made by the kingdom began with a memorandum of understanding in September, and at the end of March,…

Saudi Arabia and OPEC Reveal Surprise Oil Production Cut; White House Insists Cuts Aren’t Advisable Right Now

El domingo, Saudi Arabia and several major oil producers announced their plan to cut oil production by 1.15 million barrels per day, starting in May and continuing until the end of 2023. According to the Saudi Energy Ministry, the move was

La estrella del rap Drake pierde $400,000 Bitcoin apuesta por Jake Paul en una derrota por decisión dividida ante Tommy Fury

El rapero y cantante canadiense Drake perdió $400,000 en bitcoin después de apostar que el YouTuber convertido en boxeador Jake Paul vencería a Tommy Fury por nocaut. Drake podría haber obtenido potencialmente una $1.44 pago de millones de bitcoins, pero Fury ganó la pelea en un…

Experto predice un colapso económico inminente mientras las naciones BRICS se unen contra el dólar

andy schectman, CEO de Miles Franklin Precious Metals Investments, explicó en una entrevista reciente que las cinco principales economías emergentes—Brasil, Rusia, India, Porcelana, y Sudáfrica, conocidas colectivamente como naciones BRICS, son “fusionándose contra el dólar.” Schectman cree que desde 2022, desdolarización…

Los datos muestran que no quedan ganancias para los mineros de Bitcoin que no pueden obtener electricidad barata, Ejecute plataformas mineras eficientes

Durante las últimas semanas, el costo de producción de bitcoin ha sido más alto que el valor de mercado spot del principal criptoactivo y, a su vez,, Esto ha ejercido una presión masiva sobre los mineros de Bitcoin.. en noviembre. 30, 2022, las estadísticas muestran si los mineros pagan por…

Saudi Arabia Medical Institution Implements Blockchain-Based ‘Digital Credentialing Solution’

Arabia Saudita’s King Faisal Specialist Hospital and Research Centre recently became one of the countrys early adopters of blockchain technology after it implemented adigital credentialing solution.” Arabia Saudita’s Blockchain Goal The Saudi Arabian medical institution, King Faisal Specialist Hospital and

Saudi Princess Reem Al Faisal Launches ‘First’ Saudi NFT Collection

Reem Al Faisal, the photography-loving Saudi Arabian princess, recently announced the launch of her first Saudi non-fungible token (NFT) collection on Opensea and an art gallery in the metaverse. Photography Career Saudi princess Reem Al Faisal has launched her first NFT