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ASEAN Limits Chinese Imports: Impact on Chinese Yuan?
ASEAN nations are now looking forward to restricting Chinese imports. The ten-nation bloc is embracing this direction due…
First Country Receives BRICS Invitation To Attend the 16th Summit
The BRICS alliance sent its first invitation to Venezuela to attend the 16th summit in October 2024. The…
BRICS: Two Major Banks Issue US Recession Warning
With the BRICS bloc continuing development on its economic infrastructure, two major banks have issued US Recession warnings.…
US Credit Card Debt Reaches All-Time High of $1.14 Trillion
Amid the ongoing uncertainty facing the country’s economy, US credit card debt has reached an all-time high of…
BRICS: JP Morgan CEO Says U.S. Recession Is Coming
The U.S. stock markets tumbled early this week as Down Jones crashed by more than 1,000 points in…
JPMorgan Increases Odds for US Recession to 35%
In a notable move from the financial institution, JPMorgan has increased its odds for a US recession by…
ASEAN Country Philippines To Suffer If De-Dollarization Is Initiated
ASEAN nations are known to promote de-dollarization. With the ten bloc nations coming together, derailing the US dollar…
Robinhood: 161% Crypto Revenue Surge, $81M in Q2
Prominent trading company Robinhood released its Q2 financial statement amid the current carnage, and cryptocurrency did not disappoint.…
‘BRICS Bridge’ To Replace SWIFT and End Dependency on the US Dollar
BRICS is looking to create a new payment system for cross-border transactions without incorporating the US dollar in…
Donald Trump Jr. Promises a ‘Huge’ Crypto Announcement
In a post to X (formerly Twitter), Donald Trump Jr. has promised a “huge” crypto announcement. Indeed, he…