Introduction: In a significant development under the governance of the Islamic Emirate of Afghanistan, Acting Minister of Industry and Trade, Nooruddin Azizi, declared the abolition of all usury systems in the country. This announcement reflects the commitment of the Islamic Emirate to uphold the principles of the Islamic system through lawful and ethical means. […]
BRICS: China Aggressively Dumps US Dollars For 3 Days Straight
In a bold move that has sent shockwaves through global financial markets, China, a key member of the BRICS alliance, has reportedly engaged in an unprecedented three-day streak of aggressively divesting itself of US dollars. This strategic maneuver by the world’s second-largest economy has raised eyebrows and prompted speculation about its implications for the international […]
India’s Veiled Opposition to Pakistan’s BRICS Inclusion: A Potential Veto Looms
In the intricate landscape of international relations, regional dynamics often shape the trajectory of global partnerships. A recent development has brought to light India’s reservations regarding Pakistan’s prospective inclusion in the BRICS (Brazil, Russia, India, China, and South Africa) alliance. This subtle yet significant hint at contention raises questions about the future of diplomatic cooperation […]
BRICS to ditch U.S. Internet services
BRICS Nations Consider Shifting Away from US Internet Services: A Strategic Move for Digital Independence Introduction In a bold move that reflects a desire for increased autonomy and reduced reliance on the United States, the BRICS nations—Brazil, Russia, India, China, and South Africa—are contemplating a significant shift away from US-based internet services. This move, driven […]
Gold, your hedge against stupid. Not Property, Bitcoin, or the Banks.
Gold as a Hedge Against Uncertainty: A Time-Tested Safeguard Amidst Market Volatility Introduction In a world characterized by economic uncertainties and market volatility, the concept of gold being a hedge against irrationality has gained traction. This perspective posits that, unlike other traditional investment options such as property, Bitcoin, or bank deposits, gold serves as a […]
HSBC and Amanah Group Revolutionise London and Dubai’s Gold Markets with Blockchain Technology
In a simultaneous move towards innovation, HSBC and the Amanah Group have independently embarked on groundbreaking initiatives to transform the way gold is traded in London and Dubai. Both financial powerhouses are set to introduce blockchain technology into their respective gold trading centers, heralding a new era of digital gold trading. HSBC’s Vision for Modernizing […]
(Well, ) what do you know? Unlocking Palestine’s Untapped Energy Wealth
A Path to Socioeconomic Progress and Regional Cooperation Introduction: In the heart of the occupied Palestinian territory (oPt), beneath the surface of Area C in the West Bank and the Mediterranean coast off the Gaza Strip, lie vast and untapped reserves of oil and natural gas. These resources, recently brought to light by geologists and […]
“Read all about it!” BRICS Launches BRICS Pay System: A Bold Move to Challenge the US Dollar Dominance
In a significant move aimed at reshaping the global financial landscape, the member countries of BRICS – Brazil, Russia, India, China, and South Africa – have announced the launch of the BRICS Pay system. This strategic initiative seeks to challenge the long-standing dominance of the US dollar in international trade and finance. As these emerging […]
World at ‘Tipping Point’ Following Government Debt Binges, Says HSBC Boss
In a stark warning, the CEO of HSBC, Noel Quinn, has raised concerns about the global economy reaching a precarious ‘tipping point’ due to the unprecedented levels of government debt. The aftermath of the COVID-19 pandemic has seen nations worldwide resorting to substantial financial measures to keep their economies afloat, resulting in an alarming […]
Malaysia’s Prime Minister’s Ambitious Gold Dinar- Sunnah Currency Initiative
Empowering Islamic Economies: Malaysia’s Ambitious Gold Dinar Initiative In a groundbreaking endeavor, Malaysian Prime Minister Anwar Ibrahim has embarked on a mission to resurrect the Gold Dinar, a move aimed at rekindling the economic glory of Islamic civilizations. This visionary initiative holds profound implications for the global financial landscape, emphasizing stability, ethical financial practices, and […]