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While still small compared with other alternative payment methods, barter has been revived in Russia to circumvent Western sanctions and mitigate risks to payment agents. Several such operations were identified,…
President Trump proposed using tariffs as economic weapons to stop the Ukrainian conflict, urging NATO countries to impose levies on China to halt its support for Russian actions. He also…
Global momentum toward de-dollarization is erupting as nations expand trade in local currencies and build alternative payment systems, reshaping global finance and reinforcing warnings emphasized by Russian Foreign Minister Sergey…
Soaring tensions over the U.S.–China trade deficit are colliding with BRICS challenges and supply chain risks, spotlighting deep economic vulnerabilities and fueling urgent debate on America’s global competitiveness. US–China Trade…
The Biden administration’s vaunted jobs boom just met the revision reaper: the Bureau of Labor Statistics has now erased roughly 2 million jobs from the last three years and subtracted…
The Argentine peso stumbled after President Javier Milei suffered an electoral defeat in Buenos Aires, where his Libertarian Party failed to secure a majority against its rivals. The outcome has…
Representatives from each of the BRICS countries did not mention Washington as the main driver of the current tariff wars and international economic uncertainty. Nonetheless, there was a general call…
As part of a press briefing at the Eastern Economic Forum, Anton Kobyakov, an adviser on Putin’s policies, accused the U.S. of attempting to use stablecoins and gold to devalue…
The People’s Bank of China has continued to purchase gold to add to the country’s foreign reserves, according to official data. The purchase, albeit marginal, fuels China’s 10-month streak of…
With this move, El Salvador follows in the footsteps of other nations like China, Turkey, and India, which have been significant buyers of gold to diversify their foreign reserves. The…