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

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…

Aruanne: Financial Services Giant Old Mutual Appointed Manager of South African Stablecoin Project’s Cash Reserves

One of South Africas largest financial services groups, Old Mutual, has reportedly been appointed manager of the ZARP stablecoin projects cash reserves. Founders of the stablecoin are hopeful that the appointment of one of the countrys oldest financial services companies will

Aruanne: Judge in MTI Liquidation Case Issues Order Designating Bitcoin an Intangible Asset

A judge in the collapsed online bitcoin trading platform Mirror Trading Internationals liquidation case has issued a provisional liquidation order that outlines the criteria to be used when reimbursing investors. The order also reportedly directs the liquidators to regard bitcoin “nagu…

Uganda väidab, et avastati uurimisuuringud 31 Miljon tonni kulda

Kuigi kulda peetakse sageli napiks varaks, Uganda selgitas kolmapäeval, et hiljuti tehtud uuringud näitavad, et seal’s umbkaudu 31 miljonit tonni kullamaaki, mis ootab piirkonnas kaevandamist. enamgi veel, Uganda pressiesindaja’s ministeerium…