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Lavrov Says De-dollarization Is Ongoing With Alternative Trade Platforms Rising
12.9.2025
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 Lavrov. De-dollarization Momentum Builds as Nations Push Alternative...
Economist Says US–China Trade Deficit Reflects Weak Competitiveness, not BRICS Tactics
10.9.2025
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 Deficit Draws Focus to BRICS Relations and Supply Chain Risks...
Two Million Jobs, Poof: Biden’s Bidenomics ‘Boom’ Meets Reality
9.9.2025
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 another 911,000 for the 12 months through March 2025. What Biden Recovery? BLS Revisions Torch Biden’s Job Claims...
Argentine Peso Stumbles Following Milei’s Defeat in Buenos Aires
9.9.2025
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 raised concerns about the sustainability of Milei’s agenda in the country. Milei Defeated: Argentine...
BRICS Countries Take a Softer Stance on Washington in Multilateralism-Themed Virtual Summit
9.9.2025
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 to uphold multilateralism and a multilateral trading system. BRICS Virtual Summit Fails to Point...
Putin’s Advisor: US Stablecoin Push Is Part of a $37 Trillion Debt-Ending Scheme
9.9.2025
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 its public debt and start anew, thereby rewriting the rules of the cryptocurrency system in the process. Putin’s Aide...
China Buys Gold yet Again, Consolidates 10-Month Purchase Streak
8.9.2025
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 acquisitions, even at record prices. China Continues to Purchase Gold Even at Record Prices Countries have...
El Salvador Pivots to Gold, Acquires 13,999 Troy Ounces for Diversification
7.9.2025
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 Central Bank of El Salvador now holds 58,105 troy ounces of gold, valued at nearly $207.4 million. El Salvador...
Robert Kiyosaki Says ‘Europe Is Toast’ as Economic Insanity Has Him Buying More Bitcoin
7.9.2025
Bitcoin is surging as the ultimate hedge while global economies unravel, bond markets plunge, and fiat currencies lose trust, warns renowned financial educator Robert Kiyosaki. Robert Kiyosaki Warns of Economic Insanity and Stands Firm on Bitcoin as Protection Robert Kiyosaki, author of...
India’s Largest Refiner Gives US Crude a Pass as BRICS Barrels Beckon
7.9.2025
India’s biggest fuel buyer just sent a message with its wallet: Indian Oil Corporation deliberately skipped U.S. crude in its latest tender and shopped elsewhere. From Houston to Das: IOC’s Tender Tells a Bigger BRICS Story In a week when it could have tapped West Texas Intermediate, Reuters...
CME, Prediction Markets Align on Quarter-Point Fed Cut
6.9.2025
Traders across futures and prediction markets are nearly unanimous: the Federal Reserve is expected to cut interest rates at its September meeting, with a 25 basis point reduction the clear favorite. Fed Decision Looms With Markets Bracing for Easing The next Federal Open Market Committee (FOMC)...
Ex-Bethesda Exec Says Subscriptions Are ‘Worth Jack S***’ Without The People Who Make Games For Them
5.9.2025
Pete Hines took aim at the economics of Game Pass in a new interview
The post Ex-Bethesda Exec Says Subscriptions Are ‘Worth Jack S***’ Without The People Who Make Games For Them appeared first on Kotaku
Ray Dalio Breaks Down US Dollar Decline as Crypto Strengthens Reserve Potential
4.9.2025
The threat to the U.S. dollar’s reserve currency status is accelerating a flight to crypto and gold, underscoring deepening fiscal cracks spotlighted by Bridgewater Associates founder Ray Dalio. Ray Dalio Calls out Fiscal Pressure on US Dollar—Why Crypto Is Benefiting Bridgewater Associates founder...
Milei Introduces Bill to Halt Money Issuance in Congress
3.9.2025
The initiative, focused on incorporating President Milei’s policies into Argentina’s regulatory framework, establishes that state budgets cannot rely on money issuance to finance expenditures and proposes penalties for officials who breach these rules. President Milei Vows to Stop Money Issuance...
BRICS to Discuss US Tariffs and Multilateralism in Upcoming Meeting
2.9.2025
Brazil’s President Luiz Inácio Lula da Silva organized a BRICS meeting to mediate a possible joint response to the unilateral tariffs enacted by the US government on member countries. The meeting will also seek the organization’s support for multilateralism. BRICS to Discuss U.S. Tariffs, Rally...
Putin Reinforces Local Currency Dominance in Sino-Russian Trade: Dollar a ‘Statistical Discrepancy’
1.9.2025
Russian President Vladimir Putin stressed that most of the trade between the two countries is settled using yuan and ruble-based payments, leaving the dollar behind. He noted that Sino-Russian trade had risen by $100 billion, and they were still working to dismantle trade barriers. Putin: Local...
Strategist Warns Gold Surpassed US Treasuries as Reserve Asset: A Dollar Rebalancing Might Follow
30.8.2025
Otavio Costa, an economic strategist, recently highlighted that the U.S. treasuries had been displaced by gold to become the main reserve asset held by central banks around the world. Costa believes that this might precede a major economic rebalance. Gold Defeats U.S. Treasuries as Reserve Asset:...
US Publishes GDP on Blockchain—New Era of Immutable Economic Data Begins
29.8.2025
America just locked its GDP data on nine blockchains, unleashing a bold new era of transparent, tamper-proof federal reporting that cements crypto’s role in economic infrastructure. America Just Made GDP Immutable—9 Chains Now Store Federal Data The U.S. Department of Commerce announced on Aug....
Brazil Denounces Dollar Weaponization, Upholds Right to Trade in National Currencies
28.8.2025
Fernando Haddad, Brazil’s finance minister, recently criticized the so‑called “weaponization” of the U.S. dollar, warning of its pernicious effects on the currency’s reserve status. Haddad also said Brazil would challenge the 50% tariff regime in court. Brazil Criticizes Dollar Weaponization Trend...
Socialism? Trump Administration Intel Deal Raises Concerns About State Involvement in Business
26.8.2025
A recent deal that gives the U.S. a 9.9% stake in Intel has raised questions about how much the state should be involved in businesses. Senator Rand Paul called the move close to socialism, and many others criticized it. Is Trump Adopting Socialism? Intel Deal Blasted by Analysts and Politicians...