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BRICS Member Dumps $174 Billion US Bonds, Down 26% From Peak
BRICS member India dumped $174 billion worth of US dollar bonds in a historic push to support the…
Elon Musk’s SpaceX in talks to merge with xAI before IPO
Per a Reuters report, Elon Musk’s SpaceX is in talks to merge with his AI company xAI before…
US Close to Government Shutdown as Senate Blocks Funding
The US may be inching close to another government shutdown, after Senate Democrats and a few Republicans on…
Money Must Flow Directly: Why Should BRICS Pay in the US Dollar?
The BRICS alliance wants its local currency to flow directly to the trading party and not the US…
Federal Reserve Pauses Interest Rate Cuts, Steady at 3.50-3.75%
The United States Federal Reserve left interest rates unchanged this month, keeping them at 3.50-3.75% after the latest…
BRICS: Indian Railway Explores De-Dollarization, to Swap USD for Franc
India will chair this year’s BRICS summit in New Delhi, and the Indian Railway Finance Corporation (NSE: IRFC),…
De-Dollarization: How Long Can the US Dollar Stay on Top?
For more than seven decades, the US dollar has been the backbone of the global financial system. From…
BRICS: US Dollar Reserves Fall Below 58% For the First Time
The BRICS alliance is stirring the pot for the US dollar, challenging its global reserve currency status. The…
Holders of the US Dollar Will Be Substantially ‘Poor’: Analyst
Leading gold proponent Peter Schiff rang a warning bell after the XAU/USD index climbed above the $5,000 range.…
Gold ATH Price Crosses $5,000 in Historic Safe-Haven Rally
Gold ATH price has now shattered the $5,000-per-ounce barrier for the first time in history, and also surged…
