Introduction: In recent geopolitical developments, the Turko-Azeri alliance is making significant strides towards establishing the Zangezur Corridor, a strategic passage that would effectively ‘cut’ Armenia into two parts. This move is perceived as a step towards the realization of ‘Greater Turan,’ a vision that carries profound implications not only for the countries directly involved […]
Jamie Dimon of JPMorgan Chase Warns of Potential 7% Jump
In the world of finance, few voices carry as much weight as that of Jamie Dimon, the Chairman and CEO of JPMorgan Chase, one of the largest and most influential banks in the United States. Dimon’s recent warning of a potential 7% jump has sent ripples through financial markets and sparked conversations about the factors […]
Russian Diesel Export Ban and Its Effects on Europe During Winter
Introduction The global energy landscape is a complex web of interdependencies, with energy-rich nations often playing a pivotal role in shaping the supply and demand dynamics. One such nation, Russia, has recently made headlines with its decision to implement a diesel export ban. This move has raised concerns, particularly in Europe, where winter brings […]
Mufti Asim Patel appointed as the Head of the Islamic Monetary Council
Who is Mufit Asim Patel? Mufti Asim Patel is a highly esteemed Islamic scholar hailing from South Africa. His journey in the pursuit of Islamic knowledge commenced at a young age, demonstrating his deep passion and dedication. Mufti Asim embarked on his academic endeavors at Darul-Uloom Zakariyya – SA, where he completed his Hifdh (memorisation […]
Banking Giant Citigroup Launches Private Blockchain to Transform Client Deposits into Digital Tokens
In a significant move towards embracing blockchain technology, Citigroup, one of the world’s leading banking institutions, has unveiled plans to launch a private blockchain platform. This innovative platform aims to revolutionize the way client deposits are handled, by transforming them into digital tokens. The development signals a growing interest among financial institutions to harness […]
The US National Debt Approaches $’33’ Trillion Mark.
Introduction The United States, often touted as the world’s economic powerhouse, is facing a financial challenge of monumental proportions. The nation’s national debt is teetering on the brink of an astonishing $33 trillion, raising concerns and sparking debates about the consequences of such a staggering financial burden. In this article, we delve into the […]
Amanah Vault: The Pioneers of an Offshore-Gold-Haven
Introduction In the heart of the United Arab Emirates (UAE), an innovative concept has emerged that could revolutionize the way individuals and institutions safeguard their wealth. Amanah Vault, an offshore gold haven, offers a unique solution for those seeking to protect their assets with the security and stability for which the UAE is renowned. […]
Japan and Iran Explore Digital Currencies for Energy Trade
In a dynamic shift towards modernizing their economic relationship, Japan and Iran are actively considering the use of digital currencies for facilitating energy trade. This innovative approach could reshape international trade dynamics and offer benefits for both nations. The Traditional Energy Trade Paradigm Historically, energy trade between nations has relied on conventional financial systems, […]
Ouch! ASEAN Countries Move: Rejecting the Dollar for Regional Stability
In a significant shift that carries broad implications for the global financial landscape, the Association of Southeast Asian Nations (ASEAN) has taken steps to reduce its dependence on the United States dollar. This move reflects ASEAN’s ambition to strengthen regional economic stability and promote greater financial independence. Background: ASEAN and the Dollar Dominance For decades, […]
Bad Taliban, good Taliban: Britain falls victim to its own propaganda.
Having viciously smeared the Taliban for over two decades, Britain now faces a challenge in the global race to establish influence in resource-rich and geographically-critical Afghanistan. On July 18th, Tobias Ellwood, a prominent UK lawmaker, shared a surprising video on Twitter. In the video, he was seen exploring Helmand province, known for one of London’s […]