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Crude Oil Payments in Chinese Yuan Triples, Aides De-Dollarization
After the US, Israel, and Iran war broke out in late February, the procurement of crude oil came…
BRICS Accelerates Dollar Exit, Yuan Settlements Jumps To $214 Billion
Developing countries are accelerating the de-dollarization agenda by exiting the US dollar from trade and transactions. BRICS members…
Tesla, Apple, Nvidia CEO’s Join Trump in China: Stocks Respond
Several big tech CEOs have joined Trump on his trip to China to meet with Chinese President Xi…
De-Dollarization: Central Bank Gold Holdings Top USD Reserves
The US dollar seems to be becoming a less attractive asset to central banks globally. According to a…
eBay Rejects GameStop’s $56B Acquisition Offer: GME Stock Dips
Online marketplace eBay has rejected GameStop’s $56 billion acquisition offer, calling the offer “neither credible nor attractive.” “The…
Intel, Apple Confirm AI Chip Deal: INTC and AAPL to Rally?
Apple Inc. (AAPL) and Intel (INTC) have reached an agreement for Intel to make chips in Apple devices,…
US Stocks Climb After Solid Jobs Report: Nasdaq Up 1.4%
The US Bureau of Labor Statistics has released a solid April jobs report that is fueling US stocks…
Nvidia’s Market Cap Grows Bigger Than a BRICS Country’s Stock Market
Nvidia’s market cap of $5.05 trillion is now much bigger than that of BRICS member India’s entire stock…
De-Dollarization Threatened As USD Deposits Hit Record Highs
In what comes a blow to the de-dollarization movement, the world seems to be using more US dollars…
Couple Launched a Burrito Spot in a Home Decor Parking Lot, Make $2.3M
A California-based couple with no experience in the hotel business industry took a risk and launched a burrito…