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

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

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

Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, je opozoril, da so ZDA. 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, the…

Gold Slides on Higher US Treasury Yields, dolar

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

French President Emmanuel Macron on Taiwan: ‘Being an Ally Does Not Mean Being a Vassal’

French president Emmanuel Macron has decided to double down on his strategic autonomy policy thesis, declaring that Europe should not be forced to side with Beijing or Washington on Taiwan. Macron declared that being a U.S. ally ‘does not mean being

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

Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say

Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council have admitted. Ob istem času, the cycle with the highest hikes may soon be over, the officials indicated. End of

Kitajska se je pripravljena pogovarjati z azijskim denarnim skladom o zmanjšanju odvisnosti od dolarja, Malezija pravi

An idea to establish an Asian Monetary Fund has caught the attention of the Chinese leadership, the head of the Malaysian government revealed. The prime minister believes there is no reason for his country, which is hurting from a strong U.S….

Tržni analitik napoveduje propad "vsega".,« Poziva k zavarovanju zlata in srebra pred tveganjem, preden ga ne ostane

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

Bitcoin Hashrate doseže 400 Exahash na sekundo, Raziskovalec pravi, da bi omrežje lahko doseglo Zettahash dobo do 2025

Kljub Bitcoinu’s težavo doseči najvišjo vrednost vseh časov 46.84 bilijon, udeleženci v rudarjenju bitcoinov so ohranili hashrate močnejši kot kdaj koli prej. Po statistiki, marca 23, 2023, hashrate je dosegel najvišjo vrednost 400 exahash na sekundo (EH/s)….