Day: May 19, 2023

10 ASEAN countries agree to ditch the US Dollar!

Outline of the Article Introduction What is ASEAN? The Importance of the US Dollar in ASEAN Countries Factors Leading to the Decision Economic Implications Political Implications Impacts on Trade and Investment Currency Shift and Market Reactions Challenges and Risks Opportunities for ASEAN Conclusion FAQs 10 ASEAN countries agree to ditch the US Dollar Introduction The […]

#Zimbabwe is launching gold-backed digital tokens.

“Holders of physical #gold coins, at their discretion, will be able to exchange or convert, through the banking system, the physical gold coins into gold-backed #digitaltokens,” the Reserve Bank of Zimbabwe says. Article #Zimbabwe is launching gold-backed digital tokens. In an innovative move, the Reserve Bank of Zimbabwe is set to introduce gold-backed digital tokens, […]

The precious metal is proving a safe bet amid growing fears of a US sovereign default.

In the realm of safeguarding one’s investments from a potential default by the United States government, the query arises: By what means can an astute investor ensure their protection? In times past, such a question would have been regarded as preposterous. However, in the present landscape of American politics, the extraordinary has transcended into the […]

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