In a significant development that has caught the attention of financial analysts and investors alike, the retail prices of gold in Japan have surpassed the milestone of 10,000 Yen per gram for the first time in recorded history. This noteworthy event carries implications not only for the precious metals market but also for the […]
FATF’s Travel Rule: Get out of Crypto and get in on Gold.
The cryptocurrency landscape has been in a state of flux ever since the Financial Action Task Force (FATF) introduced the controversial Travel Rule. As the crypto world grapples with the implications of this regulatory upheaval, an intriguing alternative is emerging: a migration from digital assets to the age-old haven of wealth preservation—gold. The Travel […]
BRICS Oil Monopoly and USA’s Lack of Oil Reserves
BRICS Oil Monopoly and the USA’s Oil Reserve Challenge: Shaping Global Energy Equations The emergence of the BRICS alliance as a potential oil monopoly and the United States’ ongoing challenges with oil reserves are reshaping the dynamics of global energy markets. As the world watches the transformation of energy geopolitics, questions arise about the implications […]
BRICS Nations Agree to Expand Developing World Bloc
In a significant development on the global stage, the BRICS nations have unanimously agreed to expand their developing world bloc. This decision marks a pivotal moment in international relations and reflects the growing influence of emerging economies in shaping the global geopolitical landscape. BRICS, an acronym for Brazil, Russia, India, China, and South Africa, has […]
The Spectacular Fall of Evergrande: A Closer Look at China’s Economic Challenge
Introduction In recent months, the global financial markets have been closely watching the situation unfold in China as Evergrande, one of the country’s largest real estate developers, faces a severe crisis. Once a symbol of China’s rapid economic growth and expansion, Evergrande is now teetering on the brink of collapse, raising concerns not only within […]
China’s Strategic Shift: Unloading $481.3 Billion in U.S. Bonds
Introduction In a significant move that has reverberated across financial markets and geopolitical circles, China recently made headlines by dumping $481.3 billion worth of U.S. bonds. This strategic decision signals a shift in China’s economic and political calculus, reflecting its evolving role as a global economic powerhouse and its desire to diversify its foreign reserves. […]
Russia introduces Islamic Banking
Russia’s Progressive Step: Introducing Islamic Banking System to Foster Financial Inclusion Introduction In a significant move that underscores its commitment to economic diversification and inclusion, Russia has embarked on a transformative journey by introducing an Islamic banking system. This strategic initiative seeks to align financial practices with Islamic principles while tapping into the burgeoning global […]
The Potential Impact of a $Dollar Collapse on the £British Pound.
Introduction In this article, we will explore the potential consequences of a scenario in which the US dollar experiences a collapse. It’s crucial to understand the possible implications, especially for countries like the UK that hold the 3rd largest dollar reserves in the world. We will discuss how the devaluation of the US dollar would […]
A Gold Standard: What It Looked Like, How It Worked, and Why It Failed
What did the world look like under a gold standard, how did it work, and why did it fail? The Gold Standard of 1871-1914: Gold provided an internationally valid unit of account and medium of payment. The outstanding feature of the period was the unity of the economic world, which has not been achieved at […]
Kenya is Dropping Its Colonial Shackles and Opening Its Borders to the African Continent
Introduction Kenya, a country rich in cultural diversity and natural beauty, has a history deeply influenced by colonial rule. For many years, the remnants of its colonial past shaped its policies and relationships. However, in recent times, Kenya has taken significant steps towards embracing its African identity and forging closer ties with its neighbors. […]