Posts tagged 'World Economy'

Russia Warns Defeat in Ukraine May Become Nuclear War

Russia Warns Defeat in Ukraine May Become Nuclear War

February 10, 2023
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The defeat of a nuclear power in a conventional war may trigger a nuclear war.
India Begins Pilot Test of Digital Rupee with In-Store Payments

India Begins Pilot Test of Digital Rupee with In-Store Payments

February 10, 2023
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India begins pilot test of retail CBDC.
China Setting Up Yuan Clearing in Brazil

China Setting Up Yuan Clearing in Brazil

February 8, 2023
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Reuters reported that the central banks of China and Brazil signed a memorandum of understanding for Yuan clearing in Brazil.
The Markets of 2023

The Markets of 2023

December 28, 2022
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While 2022 continues for the remainder of this week, there are rumblings about what 2023 may bring.
Japan Makes Surprise Move Loosening Monetary Policy

Japan Makes Surprise Move Loosening Monetary Policy

December 22, 2022
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The Bank of Japan surprised markets Tuesday, easing its bond control policy. The new policy will allow Japanese 10-year bonds to rise as high as 0.50%.
Australia Increases Gold Holdings in Sovereign Wealth Fund

Australia Increases Gold Holdings in Sovereign Wealth Fund

December 22, 2022
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Australia’s sovereign wealth fund (the Future Fund) is increasing its gold holdings, commodities, and private equity. Learn more here.
India & U.A.E. Central Banks Discuss Trading Local Currencies

India and U.A.E. Central Banks Discuss Trading in Local Currencies

December 13, 2022
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In November, the central banks of India and the United Arab Emirates discussed potential mechanisms to trade in their local currencies.
Gold, Oil, and Dollars

Gold, Oil, and Dollars

December 9, 2022
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Today an increasing number of nations are discussing trading oil for gold, such as in Ghana recently.
 $10T Mortgage-Backed Securities Crisis Taking Shape

$10T Mortgage-Backed Securities Crisis Taking Shape

December 8, 2022
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Before 2008, almost no one had ever heard of mortgage-backed securities (MBS). However, after 2008, almost everyone knew the term.
China’s President to Visit Saudi Arabia

China’s President to Visit Saudi Arabia

December 7, 2022
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Chinese President Xi Jinping will arrive in Riyadh, Saudi Arabia, on Wednesday to attend the Riyadh Gulf-China Summit for Cooperation and Development.