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Experts Fear Cryptocurrency Outflows May Affect Exchange Rates in Brazil

Analysts believe that, in the future, outflows derived from cryptocurrency purchases could affect the domestic exchange rate in Brazil. The Central Bank of Brazil indicates that crypto assets and recreational…

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Peter Schiff: Phony Economy Must Die or US Risks Financial Ruin

Economist Peter Schiff has warned that restoring a real economy requires letting the “phony economy” collapse, which would result in significant financial losses for many. However, he emphasized that the…

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Robert Kiyosaki Warns of World War III Amid Global Tensions — Asks ‘Are You Prepared?’

Robert Kiyosaki, author of Rich Dad Poor Dad, has expressed concerns about World War III, warning that current global tensions could lead to catastrophic consequences. He emphasized the need for…

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BRICS Unified Exchange to Leverage Blockchain and Virtual Currency for Settlements

Deputy Chairman of the State Duma Alexander Babakov proposed creating a unified BRICS exchange using blockchain and virtual currency for inter-bloc settlements. Babakov stated that such an organization “will be…

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Russia-China Trade Grows Despite Global Challenges, Putin Highlights

Russian President Vladimir Putin marked the 75th anniversary of the People’s Republic of China by praising the solid partnership between Russia and China. He emphasized the resilience of their economic…

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UBS Warns of Further US Dollar Decline, Advises Investors to Reduce USD holdings

Financial giant UBS expects the U.S. dollar to continue to depreciate, advising investors to reevaluate their portfolios. The bank predicts a medium-term decline due to shrinking interest rate advantages and…

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China-Russia Alliance Expands, Elevating US Risks in Asia and Middle East

Frederick Kempe, CEO of the Atlantic Council, highlighted two pressing concerns at the UN General Assembly: the intensifying China-Russia partnership and doubts over US leadership. Alongside former Secretary of State…

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CME Fedwatch Favors Half-Point Cut Ahead of FOMC Meeting

In just 40 days, the U.S. Federal Open Market Committee (FOMC) will gather to decide whether the central bank will lower the benchmark interest rate. This pivotal moment occurs two…

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Putin: Russia Examining Digital Currencies for Independent Payments

Vladimir Putin highlighted that Russia is examining the use of national digital currencies to implement an independent and supranational alternative payment system. However, he also outlined the intricacies of building…

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Turkey Scraps Planned Crypto Tax, Targets Economic Reforms

Turkey has decided not to move forward with a new tax targeting stock market and cryptocurrency gains, according to Vice President Cevdet Yilmaz. While previously discussed, the plan has been…

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