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BRICS: Saudi Arabia To Sell Oil in Multiple Currencies
The Kingdom of Saudi Arabia’s 50-year-old agreement with the U.S. to sell oil in the petrodollar has expired.…
ASEAN Countries Increases U.S. Exports, Ditch China in 2024
ASEAN is now pioneering efforts to pivot away from China to bolster its collective macro development. At the…
Tesla Shareholders Approve Elon Musk’s $56B Pay Package, Relocation to Texas
Tesla shareholders have officially approved Elon Musk’s $56 billion pay package and relocation plan to Texas. The shareholders…
BRICS: China Helps Taliban Sell $80 Million Worth Crude Oil in 10 Days
The war-torn Afghanistan’s conservative government, the Taliban announced that it sold $80 million worth of crude oil in…
Saudi Arabia Ditches US Dollar, Will Settle Oil Payments in Yuan, Euro
In a drastic new sentiment shift, Saudi Arabia has not renewed its decades-long petrodollar agreement with the US,…
The US Dollar Or Japanese Yen: Which Currency Is Realistically Stronger?
The currency wars have become exceedingly fierce in the current multipolar narrative. While several leading currencies are looking…
Federal Reserve Leave Interest Rates Unchanged in May 2024
Following the highly-anticipated inflation figures for this month, the Federal Reserve has opted to leave interest rates unchanged…
BRICS Welcomes Saudi Arabia in Foreign Ministers Meeting
A delegation of Foreign Ministers from respective BRICS countries is meeting in the Russian city of Nizhny Novgorod.…
US Inflation Falls at 3.3% in May 2024
The latest US CPI data has arrived, with US inflation falling to 3.3% in May 2024. Indeed, the…
Apple Shares: Warren Buffett Loses $4.5 Billion From Selling Early
Ace investor Warren Buffett has mastered the art of earning profits in both the bull and bear markets…