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BRICS: Russia Dumps Currencies Worth $8.7 Million in Yuan & Ruble Set
BRICS member Russia is aggressively buying and selling currencies in the foreign exchange markets. The Central Bank of…
WeWork’s Struggles Lead to Chapter 11 Bankruptcy
WeWork, previously a thriving office-sharing company, has taken the step of seeking Chapter 11 bankruptcy protection. This has…
What is Hedging in Finance
If you work in Finance or are learning how to, the term “hedging” is one that you should…
Is Retained Earnings an Asset?
Within the financial sector and business operations, there is a plethora of information that is vital to comprehend.…
BRICS Can Dethrone US Dollar Without Launching New Currency
The BRICS alliance is looking to dethrone the US dollar by launching a new currency in the international…
BRICS: What Happens if Saudi Arabia Ditches US Dollar for Oil?
Saudi Arabia’s induction into the BRICS alliance threatens the US dollar’s prospects as the de-facto currency for oil…
BRICS: African Countries to Ditch U.S. Dollar & Embrace New Currency?
BRICS is inspiring several developing countries in Africa to ditch the U.S. dollar and trade in their respective…
BRICS: Argentina Ditches US Dollar For IMF Payment, Pays Chinese Yuan
The new BRICS member Argentina paid the Chinese Yuan to settle an IMF payment and not the US…
BRICS Global Trade Rises 56%, Reach $422 Billion
Trade between the five BRICS countries surged 56% in the last five years totaling approximately $422 billion, data…
Dubai Incorporates XRP Into Special Economic Zone
The Dubai International Financial Centre (DIFC) has approved two crypto assets, XRP and Toncoi (TON), to be incorporated…
