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Gold Prices Climb For 4th Consecutive Day, Here’s Why
Spot gold prices jumped by 0.3% to $2,043.80 per ounce by 0615 GMT. The rally represents the fourth…
Federal Reserve Keeps Interest Rates Unchanged to Start 2024
With all eyes on the outcome of the year’s inaugural meeting, the Federal Reserve has decided to keep…
BRICS: Russia Settles 85% Trade in Local Currency, Sidelines US Dollar
BRICS member Russia is bypassing the US dollar and strengthening its native economy by accepting the local currency,…
Saudi Arabia Declines BRICS Sherpas Meeting
Saudi Arabia will not be attending the ongoing BRICS Sherpas meeting which is scheduled from January 30 to…
PayPal Begins Layoffs: 2,500 Employees Fired Across Company
PayPal has begun a company-wide layoff, firing 2,500 employees on Tuesday, according to an employee who was involved…
BRICS: JP Morgan Predicts Future Gold Price
With the asset’s performance certainly on the decline since the start of the year, JP Morgan has recently…
BRICS: China Pushes Yuan in Africa, Reduces US Dollar Debt Repayment
The US imports its debt around the world making other countries carry the risk of hoarding the currency.…
Nigerian Currency Crashes To New Low Against the US Dollar
The Nigerian local currency Naira (NGN) plunged to a new low against the US dollar reaching 893.5 on…
Elon Musk’s X Receives Money Transmitter License In Nevada
Elon Musk’s X social media platform (formerly known as Twitter) has received a money transmitter license for payment…
BRICS: UAE Pays China With New Digital Dirham, Ditches US Dollar
BRICS members UAE and China settled a cross-border transaction on Monday using the new Digital Dirham sidelining the…