economics – DIGIT INFO

JPMorgan’s Jamie Dimon Praises the Mexican Economy in High-Stakes Meeting With President Sheinbaum

DIGIT — Thu, 11 Jun 2026 19:45:00 +0000

After a recent meeting with Mexico’s President Claudia Sheinbaum at Mexico’s National Palace, Dimon stated that Mexico has a large opportunity to grow over the next 20 years, underscoring developments in energy, infrastructure and tech projects on Mexican soil. JPMorgan CEO Jamie Dimon Highlights Opportunities in Mexico’s Growing Economy JPMorgan Chairman and CEO Jamie Dimon […]

Go to Source

The Zero-Sum Game: Scott Bessent Threatens Unprecedented Economic Payback Against Iran

DIGIT — Thu, 11 Jun 2026 19:01:38 +0000

On social media, Bessent stated that any damages and expenses caused by Iranian attacks on the U.S.’s Gulf allies would be offset with funds extracted from Iranian accounts. Iranian officials claim there are over $100 billion in assets blocked due to U.S sanctions. Treasury Secretary Scott Bessent Warns Iran Will Deepen Its Financial Downfall With […]

Go to Source

NYC Hotel Prices Surge as One Back-of-House Role Heads Past $100,000 a Year

DIGIT — Wed, 10 Jun 2026 05:30:24 +0000

$61 an hour by 2034 is where union housekeeper pay is headed under a strike-averting deal that lifts wages 50% over eight years, putting full-time earnings at $100,000 to $110,000 by 2032. In a market where Manhattan rooms already average between $500 and $600 a night, rates are expected to climb another 50% to 60% […]

Go to Source

Switzerland Considers Historic Move to Constitutionally Cap Its Population at 10 Million

DIGIT — Tue, 09 Jun 2026 04:30:52 +0000

The unusual vote proposes capping legal immigration to put a population limit of 10 million in Switzerland before the year 2050. If approved, the right-wing-supported “sustainability measure” would make Switzerland the first nation to impose this limit. Switzerland To Vote On Population Cap Measure As immigration has become a relevant issue for European countries, governments […]

Go to Source

Bank of Israel Buys $801 Million in Rare Market Intervention to Halt the Shekel’s Surge

DIGIT — Mon, 08 Jun 2026 04:30:47 +0000

The Bank of Israel purchased $801 million in May to stop the shekel from rising as the currency reached one of its strongest exchange rates against the U.S. dollar. Even so, the currency terminated May with its value rising by 4.6%. Israel’s Shekel Hits New Highs Even As Bank Of Israel Intervenes in FX Markets […]

Go to Source

Robert Kiyosaki Asks How Government Taking 40% of Your Money Still Ends up Trillions in Debt

DIGIT — Thu, 04 Jun 2026 01:30:36 +0000

Robert Kiyosaki questioned how a government that takes “40% of everyone’s money” can still accumulate massive debt. The Rich Dad Poor Dad author pointed to America’s growing debt burden, arguing that strong tax collections have not prevented Washington from borrowing heavily. Rich Dad Poor Dad Author Turns a 40% Tax Claim Into a Debt Warning […]

Go to Source

Gold Overtakes US Treasuries as Top Reserve Asset: ECB Data

DIGIT — Wed, 03 Jun 2026 03:30:19 +0000

Gold overtook U.S. Treasuries in global official reserves by market value, the ECB said. The move reflected a 60% gold rally and rising demand for reserve diversification. Gold’s Rise Puts New Pressure on Dollar-Based Reserve Markets The European Central Bank (ECB) said in its report published June 2, 2026, “The international role of the euro,” […]

Go to Source

Cheap Oil May Not Be Coming Back Soon as Markets Price Supply Risks

DIGIT — Tue, 02 Jun 2026 00:30:58 +0000

Cheap oil may not return soon, leaving investors, businesses, and consumers exposed to higher costs for longer. A new supply-security premium could keep inflation pressure alive, delay rate cuts, and reshape global markets. Oil’s New Security Premium Puts Inflation and Rate Cuts at Risk Cheap oil may not return soon, and Devere Group CEO Nigel […]

Go to Source

Robert Kiyosaki Links Iran Yuan Oil Move to US Dollar ‘Death’ Warning

DIGIT — Tue, 26 May 2026 01:30:38 +0000

Robert Kiyosaki warned that Iran’s yuan-based oil payments could intensify pressure on the U.S. dollar. His comments cited Ray Dalio’s petrodollar analysis and reports involving Strait of Hormuz traffic. Kiyosaki Predicts Dollar Pressure From Yuan Oil Trade Robert Kiyosaki raised a stark warning about the U.S. dollar on X on May 24, linking claims about […]

Go to Source

Robert Kiyosaki Warns ‘Crash Imminent’—Cites Jim Rickards in Extreme Forecast

DIGIT — Sat, 23 May 2026 23:30:39 +0000

Robert Kiyosaki warned that a financial crash is imminent, pointing to Jim Rickards’ gold outlook and his own silver forecast. The Rich Dad Poor Dad author said investors should prepare before panic spreads across markets. Kiyosaki Warns of Imminent Crash as Gold Forecast Draws Attention Robert Kiyosaki warned on May 22 that a financial crash […]

Go to Source