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BRICS To Launch New Investment Platform to Rival Western Dominance
Ahead of the 17th BRICS summit in July, Russia and China have proposed to launch a new ‘investment…
Coinbase Obtains Regulatory License in Europe for Crypto Services
Top crypto exchange Coinbase has obtained a regulatory license to offer crypto services in Europe. On Friday, the…
China Dumps $8.2 Billion US Treasury Bonds in BRICS Counter-Attack
BRICS member China is leaving no stone unturned and is selling US dollar-denominated bonds and Treasuries on a…
Saudi’s $600B Silicon Valley War: 18K NVIDIA GPUs, 6.6 Gigawatts
Saudi Arabia’s AI push has accelerated dramatically with the kingdom’s unprecedented $10 billion investment in artificial intelligence infrastructure,…
22,000 Federal Jobs Lost: Warning Sign for US Economy?
The US economy is currently feeling intense pressure, weighed down by ballooning metrics and indexes indicating its rapid…
ASML Projects €60B Revenue Controlling 100% Advanced AI Chip Output
ASML’s AI chip monopoly reaches unprecedented levels, and right now the Dutch semiconductor equipment giant reported €7.74 billion…
Only 32 Years Left: De-Dollarization Could Topple USD By 2057: Analyst
The US dollar is currently standing at a crossroads, with the world economic trajectory hinting at its possible…
Hong Kong’s Stablecoin Ordinance Starts in August, Global Firms Join
Hong Kong’s new stablecoin ordinance will take effect this August, and global firms are already showing interest in…
De-Dollarization Grows: Bulgaria 21st to Use Euro As Single Currency
Bulgaria’s transition to Euro marks a significant step in the global de-dollarization movement, and right now, the country…
New Currencies to Emerge, Challenge USD: Says China Central Bank Chief
China’s central bank Governor Pan Gongsheng said that he expects new currencies will emerge and challenge the global…