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

IMF Blog: Interest Rates to Fall to Pre-Pandemic Levels Once Inflation Is Tamed

When inflation in advanced economies is tamed, real interest rates are likely to drop to pre-pandemic levels, the latest International Monetary Fund (Le FMI avertit que les sanctions contre la Russie menacent de saper la domination du dollar américain) blog post has said. According to the authors of the blog post, the transition to acleaner economy

Warren Buffett compare Bitcoin au jeu et aux chaînes de lettres dans une récente interview

Le magnat de la finance Warren Buffett, l'un des investisseurs les plus prospères de l'histoire, a discuté du bitcoin lors d'une interview sur CNBC’s Squawk Box en avril 12. Comme il l'a fait lors d'entretiens précédents, le magnat des affaires a comparé le bitcoin à un système de jeu et…

French President Emmanuel Macron States Europe Must Reduce Its Dependence on the US Dollar to Avoid Becoming ‘Vassals’

Emmanuel Macron, president of France, clarified his position on the future of Europe and its relations with China and the U.S. in the short term. Returning from his visit to Beijing, Macron believes that Europe should avoid getting caught up in

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. En outre,…

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

Investment manager Larry Lepard has warned that the U.S. dollar could lose most of its value within five to 10 années. Following the onset of the Russia-Ukraine war, “les Etats Unis. did something which I perceived to be very stupid, lequel est…

Les prêts bancaires américains chutent d’un record $105 Un milliard en deux semaines, Des milliards de dollars transférés vers des comptes du marché monétaire, Elon Musk prévient que « la tendance va s’accélérer »

Le secteur bancaire aux États-Unis est toujours en difficulté après l'effondrement de trois grandes banques. Selon les statistiques, prêts bancaires aux États-Unis. est tombé près de $105 milliards au cours des deux dernières semaines de mars, lequel est…

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

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 andbecome toilet paper.Further,…

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,…

Market Analyst Heralds the Collapse of ‘Everything,’ Calls for Hedging in Gold and Silver Before There Isn’t Any Left

Egon von Greyerz, market analyst and founder of Matterhorn Asset Management, is predicting the collapse of the central bank system in the next few years due to an increasing issuance of currency and debt. Von Greyerz states that in the face