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The Pan-African Payment and Settlement System has officially launched a currency marketplace aimed at reducing reliance on the U.S. dollar for intra-African trade. No Hard Currency Involved The Pan-African Payment and Settlement System (PAPSS) has launched the African Currency Marketplace, a major step toward reducing reliance on the U.S. dollar for intra-African trade settlements. This … Read more
In a stark rebuke of rising socialist sentiment in New York City, tech entrepreneur Tyler Winklevoss voiced his concerns over the ideological direction of the city and the nation. Crypto Moguls Criticize Socialism’s False Promises Gemini co-founder Tyler Winklevoss has issued a scathing critique of New York City’s political and cultural decline, responding to questions … Read more
The BRICS organization has reached a milestone in internal trade numbers, reaffirming the relevance of these relations as part of the world’s economic exchange structure. President Putin reinforced the relevance of the new BRICS growth model, independent of Western dominance and based on South-South cooperation. BRICS Reaches $1 Trillion in Internal Trade Numbers BRICS, integrated … Read more
Platinum has reached prices of over $1,400 after being dormant while its sibling, gold, was in the spotlight due to its impressive performance. Nonetheless, a perfect storm of low inventories, a newfound interest in its jewelry use case, and the rise of Eastern buyers is pushing the metal to reach even higher levels. Platinum Outshines … Read more
Matt Cronin, senior national security advisor at A16z (Andreessen Horowitz), proposes relaunching capitalism as a system by grouping government and industry to achieve common goals. Cronin states that this is the only way to battle China’s centralized order, which threatens the U.S. A16z Proposes New Purpose-Led, Industry-Aligned Capitalism to Beat China Industry giants believe that … Read more
The Government of Argentina has achieved yet another victory in restoring the country to its former economic glory. Milei’s libertarian proposals and austerity measures have led to the largest economic growth since 2022, with private consumption also on the rise. Official Data Shows Argentina’s Growth Keeps Breaking Records Argentina continues to post positive economic figures … Read more
Chinese authorities are ramping up efforts to enhance the international status of the yuan and reduce reliance on the U.S. dollar, particularly as confidence in the dollar wanes. Dollar Decline Aids Yuan China is intensifying efforts to elevate the yuan’s international standing and challenge the U.S. dollar’s global dominance, seizing an opportune moment as international … Read more
A top economist warns explosive energy price swings from escalating Middle East tensions are inflaming inflation risks, driving investor panic, and threatening to destabilize fragile global growth. Global Markets Rattle With Energy Price Volatility and Mounting Inflation Pressures Rising geopolitical instability is jolting global markets, injecting sharp uncertainty into oil prices and casting fresh doubts … Read more
Intensifying Middle East conflict and surging geopolitical risk are igniting a dramatic market realignment, driving investors into energy, defense, commodities, and inflation-protected assets as volatility erupts. Market Outlook Darkens With Soaring Oil and Heightened Middle East Tensions A destabilizing jolt has shaken global markets, fueling inflation fears and sector turmoil as military escalation intensifies in … Read more
As the globe fixates on America’s involvement in the escalating conflict between Israel and Iran, the probability of a July quarter-point rate cut by the U.S. Federal Reserve has edged up by a percentage point, reaching 15.5%. Rate Cut Radar Lights Up After U.S. Hits Iran’s Nuclear Facilities Just two days ago—after the latest Federal … Read more
