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 […]
Bold Move: BRICS Leading Oil Company Ditches US Dollar, Embraces Local Currencies
In a strategic maneuver that has sent ripples across the global financial landscape, Gazprom Neft, Russia’s third-largest oil exporter, has taken a significant step toward reshaping international trade dynamics. The company, a leading entity within the BRICS consortium (Brazil, Russia, India, China, and South Africa), has boldly declared its departure from the reliance on […]
Japan’s Monumental Decision to Sell-Off $900 Billion Worth of U.S. Bonds: The trigger for Economic Crisis?
In the intricate web of global finance, every move by major economies can send ripples across international markets. Japan’s recent decision to embark on a massive sell-off of U.S. bonds, amounting to a staggering $900 billion, has sparked concerns and debates within the economic community. The question looming large: Could this substantial divestment trigger […]
Isn’t It Ironic? Iraq’s Journey to De-Dollarise by 31st December 2023.
In a twist of fate that could be considered ironic by many, Iraq, a nation whose recent history has been intertwined with the U.S. dollar, is set to embark on a transformative journey to de-dollarise its economy by December 31, 2023. This bold move, laden with historical significance, raises eyebrows and sparks conversations about […]
12 U.S. States Declare Currency Independence: A New Era of Financial Sovereignty
In a bold and unprecedented move, twelve states within the United States have recently declared currency independence, sparking discussions about the future of finance, state autonomy, and the evolving landscape of economics within the nation. This groundbreaking development signifies a significant shift in how states perceive and manage their economies. Traditionally, the U.S. dollar […]