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BRICS Currency Will Erode US Dollar’s Dominance, Former White House Economist Warns

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Former White House economist Joseph Sullivan has warned that a BRICS currency would erode the U.S. dollar’s dominance. If member nations use only a common BRICS currency for international trade, “they would remove an impediment that now thwarts their efforts to…

G20 Finance Chiefs Agree Global Policy Responses to Crypto Are Required

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The G20 finance ministers and central bank governors have agreed that crypto regulation cannot be confined to one part of the world, said India’s finance minister. “Any action on crypto assets will have to be global,” she stressed, adding that the…

Analysts Weigh In on BRICS Currency as Tool to Face US Dollar-Based Sanctions

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Analysts have begun considering using a future BRICS currency to sidestep U.S. sanctions and the dollar’s influence in international markets. While the rise of the U.S. dollar was significant to spur an era of economic growth after World War II, the…

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.” She stressed: “We seek to…

Dollar to Play Lesser Role Due to Its Weaponization, Digital Currencies, Economist Jeffrey Sachs Says

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Within the next decade, ZDA. dollar will play a much less dominant role than it is today, according to Jeffrey Sachs. The renowned economist listed a few factors for the diminishing status of the greenback such as its use as…

Strokovnjak napoveduje grozeči gospodarski zlom, ko se države BRICS združijo proti dolarju

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Andy Schectman, Izvršni direktor Miles Franklin Precious Metals Investments, je v nedavnem intervjuju pojasnil, da je pet vodilnih gospodarstev v vzponu – Brazilija, Rusija, Indija, Kitajska, in Južno Afriko, skupaj znane kot države BRICS—so “združevanje proti dolarju.” Schectman meni, da od 2022, de-dollarization…

Gold Prices Expected to Soar in 2023: Experts Predict Record Highs for Precious Metal

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Gold is on the rise in 2023 and in the first week of the new year alone, the precious metal has jumped 2.36% proti ZDA. dolar. Over the past 65 dnevi, gold has soared 14.55% while silver has skyrocketed 22.31%…

Square Enix Announces Symbiogenesis, a Story-Driven NFT Interactive Experience

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Square Enix, the Japanese AAA game developer and publisher, announced the launch of a new NFT-based gaming franchise, titled Symbiogenesis. The experience, which will be built on top of Ethereum, will leverage the use of NFTs (nezamenljivi žetoni) as art that…

Indija prehiti Združeno kraljestvo kot 5. največje gospodarstvo na svetu glede na podatke IMF

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India is now the world’s fifth-largest economy after surpassing the U.K., the latest data from the International Monetary Fund (IMF) shows. Indija’s former chief economic advisor expects the country to become the world’s third-largest economy by 2028-30. India Becomes 5th Largest…