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Brazil’s President Luiz Inácio Lula da Silva organized a BRICS meeting to mediate a possible joint response to the unilateral tariffs enacted by the US government on member countries. The meeting will also seek the organization’s support for multilateralism. BRICS to Discuss U.S. Tariffs, Rally on Multilateralism The unilateral tariff regime enacted by the Trump … Read more
Russian President Vladimir Putin stressed that most of the trade between the two countries is settled using yuan and ruble-based payments, leaving the dollar behind. He noted that Sino-Russian trade had risen by $100 billion, and they were still working to dismantle trade barriers. Putin: Local Currencies Take Control of Sino-Russian Trade, Dollar Relegated President … Read more
Otavio Costa, an economic strategist, recently highlighted that the U.S. treasuries had been displaced by gold to become the main reserve asset held by central banks around the world. Costa believes that this might precede a major economic rebalance. Gold Defeats U.S. Treasuries as Reserve Asset: What Comes Next? The world is experiencing an economic … Read more
America just locked its GDP data on nine blockchains, unleashing a bold new era of transparent, tamper-proof federal reporting that cements crypto’s role in economic infrastructure. America Just Made GDP Immutable—9 Chains Now Store Federal Data The U.S. Department of Commerce announced on Aug. 28 that it has published the second quarter 2025 gross domestic … Read more
Fernando Haddad, Brazil’s finance minister, recently criticized the so‑called “weaponization” of the U.S. dollar, warning of its pernicious effects on the currency’s reserve status. Haddad also said Brazil would challenge the 50% tariff regime in court. Brazil Criticizes Dollar Weaponization Trend, Vows to Fight Tariffs in Court The government of Brazil has criticized the Trump … Read more
A recent deal that gives the U.S. a 9.9% stake in Intel has raised questions about how much the state should be involved in businesses. Senator Rand Paul called the move close to socialism, and many others criticized it. Is Trump Adopting Socialism? Intel Deal Blasted by Analysts and Politicians The recent deal of the … Read more
As AI continues to advance and increase its capabilities, analysts warn that intelligent robots could replace much manual human labor. This could trigger a wave of unemployment that would reshape society and prompt the enactment of some form of UBI. Here’s how that might happen. Will Big Capital Pay for UBI in the AI Age? … Read more
Millions are unknowingly trapped in a financial nightmare—earning for decades yet ending up broke, a crisis Robert Kiyosaki links to broken money systems and missing education. Robert Kiyosaki Breaks Down the Trap That Turns Earners Into Lifelong Strugglers Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, has weighed in once again on … Read more
Federal Reserve Chair Jerome Powell revealed a major shift to the central bank’s monetary policy framework during his Aug. 22, 2025, speech at the Jackson Hole Economic Symposium, signaling a departure from strategies rolled out in 2020 as economic conditions changed. Fed Chair Unveils Revised Inflation Strategy The updated Statement on Longer-Run Goals and Monetary … Read more
Saifedean Ammous, economist and author of the best-selling book The Bitcoin Standard, criticized Argentina’s President Javier Milei for his economic performance, highlighting the failed bond rollover despite one of the highest interest rates in history. Ammous believes that the country will likely default, as it owes over $40 billion to international institutions. Bitcoin Standard Author … Read more