Azerbaijan, Malaysia Launch Formal Bids to Join BRICS
To mark the occasion of the visit of President Vladimir Putin to Baku, Azerbaijani officials announced they had launched…
Category: Global Economy
75 Years of Sea Level Rise Estimated to Cost 1 Year of American Military Spending
The economies of the European Union and the United Kingdom could face almost one trillion euros in lost productivity…
Argentina’s Milei Sends Sweeping Economic Reforms to Congress as Battle Against Inflation Begins in Earnest
Fiery political figures become so based on the legislation they propose, not the rhetoric they use, and the Omnibus…
Economic Costs of Climate Change Pale in Comparison to Financial Crises
If an environmental activist can’t seem to wrap their head around why the wealthy nations of the world aren’t…
What Happens Now After the Bank Failures? Fed Between a Rock and a Hard Place
Whether they admit it or not, the US Federal Reserve has been left juggling priorities of whether to ensure…
Gold and Silver Were Some of the Best Performing Assets in 2022
As a slight rally in equity markets kicks off 2023, a stealth bull market in gold and silver continued…
Big Commodity Gains Midway through January Even After Another Positive Inflation Report
Markets are betting in different ways as Thursday’s long-anticipated Consumer Price Index (CPI) report showed a small slowdown in…
India’s Central Bank Digital Currency Begins Testing to Serve Largest World Remittance Market
Earlier in October, the Reserve Bank of India announced it was piloting a digital, or “e-rupee,” joining China, some…
ECB Rates Raises Were Already Priced Into Market Expectations as Bonds Spreads Widen
FRANKFURT, Germany. September 8th, 2022. The European Central Bank raised its benchmark interest rate by 75 basis points up…
Gold Will Buttress Attempts by BRICS Nations to Create New Reserve Currency
In June during the 14th annual BRICS summit, it was announced that the five economies would be seeking to…
New Global Payments Systems to Challenge the Dollar’s Future Dominance
PICTURED: Chinese President Xi Jinping, President Vladimir Putin, Brazilian President Jair Bolsonaro, Prime Minister Narendra Modi, and South African…
Much of South Asia Poised to Follow Sri Lanka into Economic Ruin
PICTURED: Anti-government protest in Sri Lanka on April 13, 2022 in front of the Presidential Secretariat. PC: AntanO. CC…