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. V nedavnem intervjuju, Christine Lagarde, the president of the European Central Bank (ECB), said she is confident the U.S. lahko…

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

To leto, 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

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

V nedeljo, 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

Digitalni rubelj je zelo potreben,« pravi ruska centralna banka, Ne bo odložil testiranja

Centralna banka Rusije je poudarila pomen napredka pri projektu digitalnega rublja. Po izjavi najvišjega predstavnika, the monetary authority has no intention to delay the trials despite not all invited banks being

IMF opozarja, da sankcije Rusiji grozijo, da bodo spodkopale prevlado ameriškega dolarja

Finančne sankcije, uvedene Rusiji zaradi njene invazije na Ukrajino, lahko zmanjšajo prevlado ZDA. valuta, po besedah ​​visokega uradnika Mednarodnega denarnega sklada (IMF). Konfrontacija bi lahko vodila v razdrobljenost sveta’s current monetary