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Putin on Dedollarization: 80% of Russia-China Trade in Rubles and Yuan

Russian President Vladimir Putin highlights economic integration and dedollarization at the Shanghai Cooperation Organisation (SCO) Heads of State Council meeting, chaired by Indian Prime Minister Narendra Modi. “We are making…

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Economist Jim Rickards Discusses US Dollar Decline and Potential $27,000 Gold

Economist Jim Rickards has shared insights on the U.S. dollar’s decline, driven by sanctions and mounting debt, and the potential rise in gold’s value as nations seek alternatives like the…

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Project 2025: A Plan to Reform the US Federal Reserve and End Its ‘Monetary Dysfunction’

According to “Project 2025,” initiated by the conservative think tank the Heritage Foundation, there is a strategy aimed at implementing conservative policies effectively within the first 180 days of the…

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Economist Highlights Possible ‘Hidden Recession’: Official Figures May Understate Inflation Impact

In a recent editorial, economist Peter St Onge explores the potential of a hidden economic recession, suggesting that official figures might not reveal the full extent of the decline. St…

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Fed’s Minutes Report Cites High Inflation and Economic Risks in Decision to Hold Rates

According to the minutes from the Federal Reserve’s Federal Open Market Committee (FOMC), the choice to maintain the federal funds rate in its current range was driven by concerns about…

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IMF Advises US to Keep Interest Rates Steady Through Late 2024

The International Monetary Fund (IMF) has advised the U.S. to improve its fiscal position by reducing spending and increasing revenues. The IMF emphasizes addressing rising debt through policy adjustments and…

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Report: Market Analyst John Hussman Warns of Major Downside for S&P 500

John Hussman, a prominent market strategist known for predicting the 2000 and 2008 crashes, warns of a significant downside for the S&P 500. Hussman highlights elevated asset prices and narrow…

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Nigeria’s Naira Rated Worst-Performing Currency in H1 of 2024; Kenyan Shilling Named Best Performer

In the first half of 2024, the Nigerian currency depreciated by nearly 40%, making it the worst-performing currency during that period. Meanwhile, the Kenyan shilling appreciated by 20.7%, ranking it…

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16 Nobel Laureates Warn of Threats to US Economy Under Trump’s Second Term

Sixteen Nobel Prize-winning economists have voiced concerns about the potential risks to the U.S. economy if Donald Trump secures a second term as president, emphasizing threats to economic stability and…

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