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Policy
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China, Malaysia to Consider Creating Asian Monetary Fund to Reduce US Dollar Dependency
According to the latest statement by Malaysian Prime Minister Anwar Ibrahim, China is open to discussing the formation…
Will China & Russia Succeed in Replacing the U.S. Dollar?
A series of events unfolded recently challenging the supremacy of the U.S. dollar in the global marketplace. Firstly,…
Saudi Arabia’s Crown Prince is No Longer Interested in “Pleasing” the U.S.
The geopolitical landscape seems to be pretty heated at the moment. On one hand, several nations have been…
Chinese Yuan Replaces US Dollar as the Most Traded Currency in Russia
The Chinese yuan witnessed its prominence rise in Russia lately. In a recent talk, President Putin advocated for…
Dubai Oil Benchmark Takes Center Stage as Russia, India Abandon Brent Benchmark
In a recently negotiated deal to deliver Russian oil to India, Rosneft, a large Russian oil producer, and…
Saudi Arabia to Adopt Economic Strategy Without US Dependence: Report
In a recent announcement, Saudi Arabia and the OPEC+ group of producers revealed an unexpected reduction in oil…
Saudi Arabia and OPEC+ Producers to Cut Oil Production Output Until End of 2023
Saudi Arabia and OPEC+ producers have recently announced a surprising cut to oil production. The move to cut…
Italy Bans ChatGPT Over Privacy Breach Concerns
Italy has currently banned the use of ChatGPT, the popular AI (artificial intelligence) chatbot. The country’s national privacy…
U.S. Failed At Regulating Crypto: People’s Bank of China Official
On one hand, Hong Kong intends to establish itself as a digital hub. On the other, China is…
Why Is Australia’s ANZ Halting Fiat Deposits & Withdrawals?
One of the “Big Four” banks in Australia, ANZ, will stop allowing deposits and withdrawals from a number…