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BRICS Bank Offers Zimbabwe Escape From IMF Debt Traps, Says Professor

A Zimbabwean professor has highlighted the BRICS New Development Bank (NDB) as a crucial alternative to the International Monetary Fund (IMF), offering better financial terms to developing nations. He emphasized…

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JPMorgan CEO Jamie Dimon Warns of ‘Treacherous’ Global Tensions — and It’s Getting Worse

JPMorgan Chase CEO Jamie Dimon sounded the alarm on mounting global instability, warning it could spark far-reaching economic disruptions. The executive stressed the toll of geopolitical tensions and the looming…

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BRICS Nations to Expand Use of National Currencies Through New Financial Platform

Russian presidential aide Yury Ushakov announced new BRICS initiatives to increase the use of national currencies in trade, backed by financial infrastructure developments like a BRICS-wide platform and special clearing…

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Bitcoin Is Digital Oil Well Fueling Rural Texas Economic Revival, Mayor Says

Mayor Ward Roddam of Rockdale, Texas, sees bitcoin mining as the key to his town’s resurgence after the devastating closure of its largest employer, Alcoa. Comparing it to Texas’ oil…

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How China’s Economic Slowdown Will Transform Global Trade, Expert Insights

China’s slowing economy is poised to redefine its global trade relationships, particularly with the Global South. Assistant professor Ning Leng of Georgetown University’s McCourt School of Public Policy discussed how…

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Liminal Says Grant Thornton Confirms Its Security Amid Wazirx Breach Concerns

Grant Thornton’s review of Liminal’s infrastructure revealed no signs of any security breach within its frontend or backend systems, according to Liminal. Following a breach at Wazirx that resulted in…

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China and South Africa Boost BRICS Ties: Key Outcomes from Xi’s Meeting With Ramaphosa

China and South Africa committed to deepening cooperation within the BRICS framework during South African President Cyril Ramaphosa’s second state visit to China, where he met with Chinese President Xi…

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Greenidge Expands Bitcoin Mining Operations in Mississippi

Greenidge Generation Holdings Inc. has expanded its bitcoin mining operations with a new site in Mississippi. The site, which went live on July 1, 2024, features 2,400 bitcoin miners and…

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Bitcoin Mining Firm Bitdeer Partners With Ohio Port Authority for 570 MW Expansion

Bitdeer Technologies Group has signed a lease agreement with the Monroe County Port Authority to secure an additional 570 megawatts (MW) of power capacity. This expansion brings Bitdeer’s total global…

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