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Top UAE Royal Officials Shorted Billions of Dollars in US Stocks, Fearing a Recession
The fear of an upcoming global recession has definitely alerted nations around the world. A global recession will…
U.S. Inflation Falls to 4.9%, Lower Than Expectations
The United States CPI (Consumer Price Index) data for the month of April is in. According to the…
XRP Whales Move $21 Million Worth of Tokens From Exchange, Why?
According to Whale Alerts, an XRP whale transferred 50 million tokens from Crypto.com into an unknown wallet. The…
BRICS: A True De-dollarization Will Take Time, Heres’ Why
The BRICS block of nations has revealed that they are working on a common currency for mutual trade,…
BNP Paribas to Link China’s Digital Yuan CBDC to Bank Accounts
French bank BNP Paribas (BNP) is encouraging the usage of China’s digital yuan by connecting wallets to bank…
U.K. Authorities Raid Sites With Illegal Crypto ATMs
The Financial Conduct Authority (FCA), the U.K.’s (United Kingdom) financial watchdog, is keeping up its campaign against illegal…
Here’s Why U.S. Bankers Want SEC To Investigate Short Sales
In 2023, Some traditional financial institutions suffered significant losses while others thrived. Several U.S. banks were particularly impacted…
SUI Token: Investors Should Know About This Risk
Sui token had a lot of hype around it prior to its launch. However, once the token went…
More Volatility And Rescues For U.S. Banks, Says UniCredit CEO
Andrea Orcel, the CEO of UniCredit, believes that there could be more “rescues” among U.S. banks with increased…
BRICS’s Russia Is Closely Looking Into U.S. Economy: Here’s Why
The BRICS nations’ de-dollarization initiative has gained enormous traction and the support of other governments. The BRICS nations…