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

Le dimanche, 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

Signaler: Le géant des services financiers Old Mutual est nommé directeur des réserves de trésorerie du projet Stablecoin sud-africain

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

Signaler: Le juge dans l'affaire de liquidation de MTI rend une ordonnance désignant Bitcoin comme un actif incorporel

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 “comme…

Enquêtes d'exploration de concessions en Ouganda découvertes 31 Millions de tonnes métriques d'or

Alors que l'or est souvent considéré comme un actif rare, L'Ouganda a expliqué mercredi que des études d'exploration menées récemment indiquent qu'il y a’s à peu près 31 millions de tonnes de minerai d'or en attente d'extraction dans la région. Le co-fondateur d'Axie Infinity déclare que le jeu Blockchain prévoit de lancer un échange décentralisé, un porte-parole ougandais’s Ministry