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Western efforts to isolate Russia have faltered as 36 nations attended the BRICS Summit in Kazan, a Russian official has declared. The BRICS leaders summit, chaired by Russia, saw 22…
The U.S. share of the global economy has fallen below 15% during President Joe Biden’s term, according to Sputnik’s analysis of World Bank and International Monetary Fund (IMF) data. Once…
Russian Finance Minister Anton Siluanov has emphasized the rising influence of BRICS nations during a recent event, noting their projected economic growth of 4.4% in 2024-2025, compared to 1.7% for…
Economist and gold advocate Peter Schiff noted that if gold could rise from $20 to $2,600 an ounce, it could potentially reach $26,000 or even $100,000. He shared his views…
While the U.S. recently marked the longest period of inverted bond yields in history, surpassing two years, data indicates that a total of 26 countries now have an inverted yield…
The Bank for International Settlements (BIS) Annual Economic Report 2024, published on June 30, highlights the significant risks posed by rising public debt levels across both advanced and emerging market…
Despite concerted efforts by the BRICS nations to decrease global dependence on the U.S. dollar, the fiat currency remains the dominant force in the world economy, a new study from…
Bitwise’s Senior Crypto Research Analyst, Juan Leon, predicts a transformative impact on the global economy as artificial intelligence (AI) and cryptocurrency converge, potentially adding $20 trillion to the global Gross…
Two experts have explained that the global debate on the future of dollar dominance misses the point because it doesn’t focus on how the dollar’s future will evolve. They warned:…
Arthur Hayes, the founder and former CEO of Bitmex, recently shared his insights on the future of global financial markets in a blog post. Hayes delves into the impact of…