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Is the US Economy in Recession? War or Not, Stats Say Yes
A recession is generally categorized as a period of economic decay and decline. This phase is marked statistically…
CIS Settles 99% of Payments in Local Currencies, Ignore USD
Two countries in the Commonwealth of Independent States (CIS) alliance have officially settled 98.9% of all trade payments…
Fidelity Buys $105 Million Worth of Bitcoin, Price Surges 3.7%
Fidelity Investments has added 1005 Bitcoin (BTC) worth $105.7 million to its treasury. The firm also purchased 27,175…
HSBC Sees Euro at 1.20 as De-Dollarization Accelerates
In a massive new shift, HSBC bank has now predicted a new price value for the euro, expecting…
De-Dollarization Not Our Goal: Pan-African Payment System Head
The Pan-African Payment and Settlement System is a real-time settlement infrastructure for cross-border payments in local currencies. The…
Tesla Stock (TSLA) Up 10% After Robotaxi Launch: $400 Incoming?
Tesla (TSLA) stock rose as much as 10% on Monday following a successful Robotaxi launch in Austin, Texas…
Greek Minister Warns Hormuz Blockade Risks Global Trade
A Hormuz blockade could trigger the worst global trade disruption in decades, and right now, Greece’s shipping minister…
World Market: Gold Becomes 2nd Most-Held Reserve—Euro Gets Dethroned
The world markets have now started to show a stark pivot towards gold, with the yellow metal ending…
Payments in National Currencies To Increase After BRICS 2025 Summit
The BRICS 2025 summit could see several major changes in trade policies where national currencies will play a…
Euro Takes on a Bigger Role as De-Dollarization Advances
The euro is seeing a rise in the global currency options market. According to reports, traders have moved…