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Peter Schiff Says Banking Crisis Not Over, Much Worse Financial Crisis Incoming — Warns of ‘Massive’ Recession

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Economist Peter Schiff has cautioned that the present banking crisis is the cusp of a much worse financial crisis. “It’s going to get much much worse if you are going to try to dismiss it,” ta rõhutas. Citing the Federal Reserve’s…

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

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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’

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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 given “so many collapses and shocks in cryptocurrencies.” Ta rõhutas: “We seek to…

Committee Advises SEC to ‘Aggressively Assert Authority’ Over Crypto — Says Virtually All Crypto Tokens Are Securities

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USA. Securities and Exchange Commission’s Investor Advisory Committee has advised the SEC to “aggressively” assert authority over crypto assets that are securities. The advisory committee believes that “virtually all, if not all, crypto tokens are securities,” urging the regulator to…

Robert Kiyosaki Says ‘America Is Dying’ — Warns of Hyperinflation, Death of US Dollar

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Rich Dad Poor Dad author Robert Kiyosaki has issued a warning about the potential demise of the U.S. dollar and the looming threat of hyperinflation. He has expressed concern that the USD may lose its value and “become toilet paper.” Further,…

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

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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,…

Latam Insights — Alliance Against Inflation, BTG Pactual Launches Stablecoin, and Argentina Debuts New Dollar

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Tere tulemast Latam Insightsi, kokkuvõte viimase nädala kõige olulisematest krüpto- ja majandusarengu uudistest Ladina-Ameerikast. Selles numbris: Latin American nations ink an agreement to reduce inflation, Brazil-based BTG Pactual launches its own dollar-pegged…

Indian Government Answers Questions About Crypto Legalization, Fraud Prevention

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The Indian government has responded to parliamentary questions about the legalization of cryptocurrency and the steps it has taken to prevent crypto-related fraud. “Crypto assets are currently unregulated in India. Frauds relating to crypto are dealt with under extant laws against…

India hõlbustab rahvusvahelisi arveldusi ruupiates, et vähendada sõltuvust USA dollarist

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India valitsus on teatanud, et hõlbustab rahvusvaheliste tehingute arveldamist oma rahvusvaluutat kasutades, ruupia. Osana aprillis rakendatud väliskaubanduspoliitika raamistikust 1, riik võttis selle meetme kasutusele maksete hõlbustamiseks…

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

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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…