Economist Peter Schiff Warns US Will Default on Its Debt — Raising Debt Ceiling Will Make Problem Worse

Economist Peter Schiff has warned that the U.S. will default on its debt obligations. He further stressed: “All the bad stuff that they’re saying is going to happen if we don’t raise the debt ceiling is guaranteed to happen because we

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,…

China Warns of Global Financial Instability From US Economic Policies

China has urged the U.S. and other developed nations to assess the spillover effects of their economic and financial policies. “The economic and financial policies of the U.S. pose the biggest challenge to global financial stability,” according to the Chinese Ministry

Commodity Strategist Warns US Economy Heading Toward ‘Severe Deflationary Recession’

Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, has warned that the U.S. economy isheading towards a severe deflationary recession,” emphasizing that the Federal Reserve is still tightening. “Typically, when you have commodities collapsing at this velocity in the past, の…

Gold Slides on Higher US Treasury Yields, ドル

Prices of gold, and other precious metals, fell on Wednesday due to stronger U.S. yields and national currency. The decline comes on the backdrop of expectations of new interest rate increases next month amid persistent inflation in the United States and

ECB President Lagarde Warns of ‘Major Disaster’ If US Defaults on Debt Obligations

There is a lot of discussion lately about the U.S. government’s debt ceiling and whether Congress will act before defaulting. 最近のインタビューで, Christine Lagarde, the president of the European Central Bank (ECB), said she is confident the U.S. can

未来をリバースエンジニアリングする: Bitcoin.com チームメンバーが ETHGlobal 東京ハッカソンに参加

ETHGlobal 東京ハッカソンは日曜日に閉幕に近づいた, 世界中のビルダーが競い合ったので、 $375,000 賞品で. イベントは史上初のETHGlobalで始まり​​ました “プラグマ” サミット, ヴァース主催, とりわけ. エンジニアと代表者…

Economist and Political Scientist Refute Claims of US Dollar’s Demise Despite Trend of De-Dollarization News

This year, there has been a flurry of news reports and opinion editorials discussing an alleged de-dollarization trend amid a wave of disclosures associated with the BRICS bloc. In a recent article, the American political scientist and author Ian Bremmer insisted

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 (IMF) blog post has said. According to the authors of the blog post, the transition to acleaner economy

Warren Buffett Likens Bitcoin to Gambling and Chain Letters in Recent Interview

Finance mogul Warren Buffett, one of the most successful investors in history, discussed bitcoin during an interview on CNBCs Squawk Box on April 12. As he has done in previous interviews, the business magnate likened bitcoin to a gambling scheme and