Harvardi majandusprofessor: USA maksejõuetus võib vallandada ülemaailmse finantskriisi

Harvardi majandusprofessor Kenneth Rogoff, kes töötas varem Rahvusvahelise Valuutafondi peaökonomistina (IMF), on hoiatanud, et USA. võlakohustuste täitmata jätmine võib vallandada ülemaailmse finantskriisi. "See on väga ohtlik olukord ja meie…

Pacwest Stock Plummets Over 35% Following Release of Q1 Earnings Report Amidst Turmoil in Banking Industry

Following the acquisition of First Republic Bank by JPMorgan Chase, several regional banks such as Pacwest and Western Alliance experienced a significant drop in their stock prices. On Tuesday afternoon, all four major U.S. benchmark stock indexes are in decline as

Jack Dorsey-Backed Bitcoin Legal Defense Fund Supports Open Source Developers in Lawsuit With Craig Wright

Bitcoin Legal Defense Fund (BLDF) recently delivered on its promise to fund the legal costs of 11 Bitcoin developers that are the target of the self-proclaimed Bitcoin inventor Craig Wright’s lawsuit. According to Alex Morcos, a “mission [of BLDF] is to

Russia to Increase Reliance on National Currencies in Energy Trade, Vows to Move Away From the US Dollar

Russia will increase its reliance on national currencies to settle payments for its energy resources, moving away from the US dollar, according to Russian Deputy Prime Minister Alexander Novak. Novak noted there is a great interest in acquiring Russian energy resources,…

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, a…

USA pankade laenuandmine on rekordiliselt langenud $105 Miljard kahe nädalaga, Triljonid liiguvad rahaturukontodele, Elon Musk hoiatab, et trend kiireneb

Ameerika Ühendriikide pangandussektor on pärast kolme suure panga kokkuvarisemist endiselt raskustes. Statistika järgi, pangalaenud USA-s. on langenud lähedale $105 märtsi kahe viimase nädala jooksul, mis on…

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 Araabia ja OPEC avaldasid üllatusena naftatootmise kärpimise; Valge Maja väidab, et kärped pole praegu soovitatavad

Pühapäeval, Saudi Araabia ja mitmed suuremad naftatootjad teatasid oma plaanist vähendada naftatootmist 1.15 miljonit barrelit päevas, algab mais ja kestab kuni aasta lõpuni 2023. Saudi Araabia energiaministeeriumi andmetel, käik oli…

BRICS Nations Working on Creating New Currency to Be Discussed at Next Leaders Summit: Aruanne

The BRICS nations are reportedly working on developing a new form of currency, which is expected to be discussed at the next BRICS leaders’ tippkohtumisel, according to a top Russian official. “The transition to settlements in national currencies is the first